Garmin
GRMN
333 hedge funds and large institutions have $2.79B invested in Garmin in 2016 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 127 increasing their positions, 104 reducing their positions, and 33 closing their positions.
55% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 33
26% more call options, than puts
Call options by funds: $62.8M | Put options by funds: $49.8M
22% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 104
5% more funds holding
Funds holding: 317 → 333 (+16)
4% more capital invested
Capital invested by funds: $2.69B → $2.79B (+$101M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$45.3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$40.1M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$35.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$19.5M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$104M |
| 2 |
GC
Greenlight Capital
New York
|
-$30.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$29.4M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
-$22.3M |
| 5 |
EAM
Edge Asset Management
Seattle,
Washington
|
-$20.1M |
GRMN Hedge Fund Activity: Q1 2016 in Review
333 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q1 2016, worth a combined $2.79B — up 3.7% from $2.69B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new GRMN positions and 33 closed out — a net gain of 18 holders — while 127 added to existing stakes and 104 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $45.3M. The largest seller was Fidelity International, exiting entirely with an estimated $104M sold.
- 333 institutional investors held Garmin (GRMN) as of Q1 2016, up from 317 in Q4 2015.
- Funds reported $2.79B of Garmin stock for Q1 2016, up 3.7% quarter-over-quarter.
- 51 funds opened new Garmin positions in Q1 2016 and 33 closed out, a net change of +18 holders.
- The largest Garmin buyer in Q1 2016 was Allianz Asset Management, an estimated $45.3M added.
- The largest Garmin seller in Q1 2016 was Fidelity International, an estimated $104M sold.
Based on aggregated 13F filings for Q1 2016.