Garmin
GRMN
500 hedge funds and large institutions have $7.78B invested in Garmin in 2019 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 195 increasing their positions, 155 reducing their positions, and 55 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 155
15% more capital invested
Capital invested by funds: $6.78B → $7.78B (+$1B)
5.45% more ownership
Funds ownership: 42.91% → 48.36% (+5.5%)
1% less call options, than puts
Call options by funds: $59M | Put options by funds: $59.4M
1% less funds holding
Funds holding: 504 → 500 (-4)
5% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$105M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$80.5M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$68.9M |
| 4 |
JP Morgan Chase
New York
|
+$62.4M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
+$50.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$44.6M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$43.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$43.2M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$20.1M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$19.2M |
GRMN Hedge Fund Activity: Q3 2019 in Review
500 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q3 2019, worth a combined $7.78B — up 15% from $6.78B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of GRMN and 52 opened new positions — a net loss of 3 holders — while 155 trimmed existing stakes and 195 added.
The largest buyer was BlackRock, adding an estimated $105M. The largest seller was D.E. Shaw & Co, cutting an estimated $44.6M.
- 500 institutional investors held Garmin (GRMN) as of Q3 2019, down from 504 in Q2 2019.
- Funds reported $7.78B of Garmin stock for Q3 2019, up 15% quarter-over-quarter.
- 52 funds opened new Garmin positions in Q3 2019 and 55 closed out, a net change of -3 holders.
- The largest Garmin buyer in Q3 2019 was BlackRock, an estimated $105M added.
- The largest Garmin seller in Q3 2019 was D.E. Shaw & Co, an estimated $44.6M sold.
Based on aggregated 13F filings for Q3 2019.