Garmin
GRMN
696 hedge funds and large institutions have $15.7B invested in Garmin in 2021 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 243 increasing their positions, 235 reducing their positions, and 46 closing their positions.
1,123% more call options, than puts
Call options by funds: $2.51B | Put options by funds: $206M
102% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 46
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
7% more capital invested
Capital invested by funds: $14.7B → $15.7B (+$1.04B)
6% more funds holding
Funds holding: 659 → 696 (+37)
3% more repeat investments, than reductions
Existing positions increased: 243 | Existing positions reduced: 235
0.25% more ownership
Funds ownership: 52.53% → 52.77% (+0.25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$157M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$77.4M |
| 3 |
Two Sigma Advisers
New York
|
+$34.7M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$33.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$137M |
| 2 |
Los Angeles Capital Management
Los Angeles,
California
|
-$50.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$42.3M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$41M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$39.5M |
GRMN Hedge Fund Activity: Q3 2021 in Review
696 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q3 2021, worth a combined $15.7B — up 7.1% from $14.7B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new GRMN positions and 46 closed out — a net gain of 47 holders — while 243 added to existing stakes and 235 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $157M. The largest seller was JP Morgan Chase, cutting an estimated $137M.
- 696 institutional investors held Garmin (GRMN) as of Q3 2021, up from 659 in Q2 2021.
- Funds reported $15.7B of Garmin stock for Q3 2021, up 7.1% quarter-over-quarter.
- 93 funds opened new Garmin positions in Q3 2021 and 46 closed out, a net change of +47 holders.
- The largest Garmin buyer in Q3 2021 was Credit Suisse, an estimated $157M added.
- The largest Garmin seller in Q3 2021 was JP Morgan Chase, an estimated $137M sold.
Based on aggregated 13F filings for Q3 2021.