Garmin
GRMN
383 hedge funds and large institutions have $3.76B invested in Garmin in 2016 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 143 increasing their positions, 116 reducing their positions, and 44 closing their positions.
59% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 44
39.27% more ownership
Funds ownership: 0% → 39.27% (+39%)
23% more repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 116
5% more funds holding
Funds holding: 364 → 383 (+19)
4% more capital invested
Capital invested by funds: $3.61B → $3.76B (+$158M)
33% less call options, than puts
Call options by funds: $59.2M | Put options by funds: $87.8M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$39.5M |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$32.4M |
| 3 |
Legal & General Group
London,
United Kingdom
|
+$26.6M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$21.9M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$35.4M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$34.3M |
| 3 |
LS
Livforsakringsbolaget Skandia
Stockholm,
Sweden
|
-$33.3M |
| 4 |
Primecap Management
Pasadena,
California
|
-$30.7M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$29.7M |
GRMN Hedge Fund Activity: Q4 2016 in Review
383 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q4 2016, worth a combined $3.76B — up 4.4% from $3.61B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new GRMN positions and 44 closed out — a net gain of 26 holders — while 143 added to existing stakes and 116 trimmed.
The largest buyer was Vanguard Group, adding an estimated $39.5M. The largest seller was Renaissance Technologies, cutting an estimated $35.4M.
- 383 institutional investors held Garmin (GRMN) as of Q4 2016, up from 364 in Q3 2016.
- Funds reported $3.76B of Garmin stock for Q4 2016, up 4.4% quarter-over-quarter.
- 70 funds opened new Garmin positions in Q4 2016 and 44 closed out, a net change of +26 holders.
- The largest Garmin buyer in Q4 2016 was Vanguard Group, an estimated $39.5M added.
- The largest Garmin seller in Q4 2016 was Renaissance Technologies, an estimated $35.4M sold.
Based on aggregated 13F filings for Q4 2016.