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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
NRG
501
Nemes Rush Group
Michigan
$294K -$40.5K -349 -13%
BAM
502
BOS Asset Management
Illinois
$291K
DWT
503
Dorsey & Whitney Trust
South Dakota
$287K +$3.94K +34 +2%
ACA
504
Aptus Capital Advisors
Alabama
$285K +$19.3K +166 +8%
1WA
505
180 Wealth Advisors
Washington
$283K +$260K +2,238 New
SAM
506
S.A. Mason
Michigan
$283K -$34.8K -300 -12%
JF
507
Joule Financial
Kentucky
$282K -$4.87K -42 -2%
JCM
508
Jacobi Capital Management
Pennsylvania
$282K -$2.2K -19 -0.9%
IAA
509
Independent Advisor Alliance
North Carolina
$282K -$1.85K -16 -0.7%
AAS
510
Avantax Advisory Services
Texas
$281K +$4.17K +36 +2%
1IA
511
1620 Investment Advisors
Massachusetts
$279K +$9.74K +84 +4%
CWM
512
Connecticut Wealth Management
Connecticut
$277K +$16.2K +140 +7%
BAM
513
Belpointe Asset Management
Nevada
$274K -$11.2K -97 -4%
NIM
514
NEOS Investment Management
Connecticut
$273K +$246K +2,123 New
FWMM
515
Foundation Wealth Management (Missouri)
Missouri
$272K
AFG
516
Alterity Financial Group
Maine
$271K +$244K +2,107 New
GCM
517
Glaxis Capital Management
Florida
$270K
GAM
518
Garrison Asset Management
Arkansas
$268K -$5.33K -46 -2%
CCG
519
Cypress Capital Group
Florida
$268K -$19.6K -169 -7%
CWS
520
Confluence Wealth Services
Pennsylvania
$268K +$242K +2,084 New
OR
521
Olympiad Research
Connecticut
$266K +$240K +2,070 New
PCM
522
Prelude Capital Management
New York
$266K +$240K +2,070 New
BFAG
523
Blackston Financial Advisory Group
Florida
$266K -$13.3K -115 -5%
SS
524
Sound Stewardship
Kansas
$265K +$239K +2,061 New
EDRIA
525
Edmonds Duncan Registered Investment Advisors
Kansas
$264K +$4.52K +39 +2%

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.