Garmin
GRMN
506 hedge funds and large institutions have $6.85B invested in Garmin in 2020 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 183 increasing their positions, 188 reducing their positions, and 87 closing their positions.
0.2% less ownership
Funds ownership: 48.18% → 47.99% (-0.2%)
3% less repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 188
5% less funds holding
Funds holding: 535 → 506 (-29)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
23% less capital invested
Capital invested by funds: $8.93B → $6.85B (-$2.08B)
28% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 87
36% less call options, than puts
Call options by funds: $57.3M | Put options by funds: $90.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$68.9M |
| 2 |
JP Morgan Chase
New York
|
+$56.2M |
| 3 |
Renaissance Technologies
New York
|
+$38.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$35.5M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$35.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$54.9M |
| 2 |
Squarepoint
New York
|
-$53.3M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$37.4M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$32.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$32.6M |
GRMN Hedge Fund Activity: Q1 2020 in Review
506 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q1 2020, worth a combined $6.85B — down 23% from $8.93B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of GRMN and 63 opened new positions — a net loss of 24 holders — while 188 trimmed existing stakes and 183 added.
The largest buyer was Select Equity Group, adding an estimated $68.9M. The largest seller was First Trust Advisors, cutting an estimated $54.9M.
- 506 institutional investors held Garmin (GRMN) as of Q1 2020, down from 535 in Q4 2019.
- Funds reported $6.85B of Garmin stock for Q1 2020, down 23% quarter-over-quarter.
- 63 funds opened new Garmin positions in Q1 2020 and 87 closed out, a net change of -24 holders.
- The largest Garmin buyer in Q1 2020 was Select Equity Group, an estimated $68.9M added.
- The largest Garmin seller in Q1 2020 was First Trust Advisors, an estimated $54.9M sold.
Based on aggregated 13F filings for Q1 2020.