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GRMN

Garmin

735 hedge funds and large institutions have $13.4B invested in Garmin in 2023 Q4 according to their latest regulatory filings, with 134 funds opening new positions, 229 increasing their positions, 275 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

173% more first-time investments, than exits

New positions opened: 134 | Existing positions closed: 49

24% more capital invested

Capital invested by funds: $10.8B → $13.4B (+$2.63B)

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

12% more funds holding

Funds holding: 659735 (+76)

1.08% more ownership

Funds ownership: 53.58%54.66% (+1.1%)

6% less call options, than puts

Call options by funds: $106M | Put options by funds: $113M

17% less repeat investments, than reductions

Existing positions increased: 229 | Existing positions reduced: 275

Holders
735
Holders Change
+76
Holders Change %
+11.53%
% of All Funds
10.72%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.09%
New
134
Increased
229
Reduced
275
Closed
49
Calls
$106M
Puts
$113M
Net Calls
-$6.64M
Net Calls Change
-$27.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Capstone Investment Advisors
401
Capstone Investment Advisors
New York
$619K +$558K +4,814 New
OAM
402
Ostrum Asset Management
France
$612K -$69K -595 -11%
OQS
403
Occudo Quantitative Strategies
Florida
$607K +$547K +4,721 New
PIM
404
Penobscot Investment Management
Massachusetts
$600K
KPWS
405
Kestra Private Wealth Services
Texas
$593K +$16K +138 +3%
PFS
406
Prospera Financial Services
Texas
$582K +$30.1K +260 +6%
BFG
407
Bleakley Financial Group
New Jersey
$576K +$266K +2,295 +105%
SS
408
Simplicity Solutions
Minnesota
$575K +$265K +2,289 +105%
WPC
409
Wedmont Private Capital
Pennsylvania
$564K +$4.87K +42 +0.9%
FRM
410
Fox Run Management
Connecticut
$560K +$506K +4,360 New
Credit Agricole
411
Credit Agricole
France
$557K +$306K +2,642 +156%
WAP
412
Wealthcare Advisory Partners
Pennsylvania
$541K +$488K +4,206 New
SC
413
SRB Corp
Massachusetts
$539K -$48.7K -420 -9%
Bank of Nova Scotia
414
Bank of Nova Scotia
Ontario, Canada
$537K -$26.5M -228,135 -98%
PAG
415
Private Advisor Group
New Jersey
$535K +$96.8K +835 +25%
Squarepoint
416
Squarepoint
New York
$533K -$37.1M -320,282 -99%
VWM
417
Vivid Wealth Management
Iowa
$531K +$479K +4,132 New
GSB
418
Greenfield Savings Bank
Massachusetts
$526K -$3.48K -30 -0.7%
SWP
419
Stratos Wealth Partners
Ohio
$524K +$473K +4,080 New
EP
420
Edgestream Partners
New Jersey
$518K -$186K -1,608 -29%
IHL
421
Investment House LLC
California
$517K
LA
422
LBP AM
France
$516K
Carson Wealth (CWM LLC)
423
Carson Wealth (CWM LLC)
Nebraska
$516K +$18K +155 +4%
ATPW
424
Ashton Thomas Private Wealth
Arizona
$515K -$9.97K -86 -2%
MNBTD
425
Moody National Bank Trust Division
Texas
$512K -$523K -4,514 -53%

GRMN Hedge Fund Activity: Q4 2023 in Review

735 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q4 2023, worth a combined $13.4B — up 24% from $10.8B a quarter earlier.

Buyers outnumbered sellers: 134 funds opened new GRMN positions and 49 closed out — a net gain of 85 holders — while 229 added to existing stakes and 275 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $264M. The largest seller was Point72 Asset Management, cutting an estimated $103M.

  • 735 institutional investors held Garmin (GRMN) as of Q4 2023, up from 659 in Q3 2023.
  • Funds reported $13.4B of Garmin stock for Q4 2023, up 24% quarter-over-quarter.
  • 134 funds opened new Garmin positions in Q4 2023 and 49 closed out, a net change of +85 holders.
  • The largest Garmin buyer in Q4 2023 was Morgan Stanley, an estimated $264M added.
  • The largest Garmin seller in Q4 2023 was Point72 Asset Management, an estimated $103M sold.

Based on aggregated 13F filings for Q4 2023.