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GRMN

Garmin

813 hedge funds and large institutions have $18.9B invested in Garmin in 2024 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 306 increasing their positions, 287 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 72

10% more capital invested

Capital invested by funds: $17.2B → $18.9B (+$1.8B)

1.3% more ownership

Funds ownership: 54.82%56.12% (+1.3%)

7% more call options, than puts

Call options by funds: $141M | Put options by funds: $131M

7% more repeat investments, than reductions

Existing positions increased: 306 | Existing positions reduced: 287

0% less funds holding

Funds holding: 815813 (-2)

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

Holders
813
Holders Change
-2
Holders Change %
-0.25%
% of All Funds
11.67%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.1%
New
82
Increased
306
Reduced
287
Closed
72
Calls
$141M
Puts
$131M
Net Calls
+$9.72M
Net Calls Change
-$3.95M
Name Holding Trade Value Shares
Change
Change in
Stake
Thrivent Financial for Lutherans
26
Thrivent Financial for Lutherans
Minnesota
$131M -$8.47M -48,997 -6%
UBS Group
27
UBS Group
Switzerland
$128M +$16.3M +94,194 +15%
California Public Employees Retirement System
28
California Public Employees Retirement System
California
$126M -$7.39M -42,746 -6%
Pictet Asset Management
29
Pictet Asset Management
Switzerland
$103M -$17.1M -98,950 -14%
Allianz Asset Management
30
Allianz Asset Management
Germany
$90M +$62.8M +363,736 +247%
Ameriprise
31
Ameriprise
Minnesota
$87M +$1.06M +6,155 +1%
Robeco Institutional Asset Management
32
Robeco Institutional Asset Management
Netherlands
$85.6M +$46.5M +268,996 +124%
Sumitomo Mitsui Trust Group
33
Sumitomo Mitsui Trust Group
Japan
$85.4M -$5.45M -31,520 -6%
Deutsche Bank
34
Deutsche Bank
Germany
$84.7M +$6.7M +38,751 +9%
N
35
Nuveen
North Carolina
$83.7M -$720K -4,167 -0.9%
Swiss National Bank
36
Swiss National Bank
Switzerland
$80.3M +$294K +1,700 +0.4%
Squarepoint
37
Squarepoint
New York
$75.6M +$40.4M +233,607 +119%
Bank of America
38
Bank of America
North Carolina
$73.8M -$17.4M -100,494 -19%
Amundi
39
Amundi
France
$68.3M -$14.5M -84,179 -17%
Barclays
40
Barclays
United Kingdom
$65M -$5.87M -33,949 -8%
JAM
41
Jupiter Asset Management
United Kingdom
$63.2M +$62.1M +359,232 New
Qube Research & Technologies (QRT)
42
Qube Research & Technologies (QRT)
United Kingdom
$60.4M -$29.7M -171,758 -33%
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$56M -$3.25M -18,799 -6%
MBI
44
Montrusco Bolton Investments
Quebec, Canada
$53.3M +$52.3M +302,516 New
EIP
45
Epoch Investment Partners
New York
$51.2M -$10.4M -60,378 -17%
Jacobs Levy Equity Management
46
Jacobs Levy Equity Management
New Jersey
$50.6M +$46.7M +270,186 +1,580%
National Pension Service
47
National Pension Service
South Korea
$50M +$10M +58,025 +26%
Citigroup
48
Citigroup
New York
$49.9M +$27M +156,441 +123%
California State Teachers Retirement System (CalSTRS)
49
California State Teachers Retirement System (CalSTRS)
California
$48.2M +$1.03M +5,947 +2%
WCM
50
Wedge Capital Management
North Carolina
$45.5M +$44.7M +258,482 New

GRMN Hedge Fund Activity: Q3 2024 in Review

813 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q3 2024, worth a combined $18.9B — up 10% from $17.2B a quarter earlier.

Buyers outnumbered sellers: 82 funds opened new GRMN positions and 72 closed out — a net gain of 10 holders — while 306 added to existing stakes and 287 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $189M. The largest seller was Artisan Partners, cutting an estimated $141M.

  • 813 institutional investors held Garmin (GRMN) as of Q3 2024, down from 815 in Q2 2024.
  • Funds reported $18.9B of Garmin stock for Q3 2024, up 10% quarter-over-quarter.
  • 82 funds opened new Garmin positions in Q3 2024 and 72 closed out, a net change of +10 holders.
  • The largest Garmin buyer in Q3 2024 was Fidelity Investments, an estimated $189M added.
  • The largest Garmin seller in Q3 2024 was Artisan Partners, an estimated $141M sold.

Based on aggregated 13F filings for Q3 2024.