Garmin
GRMN
342 hedge funds and large institutions have $3.79B invested in Garmin in 2015 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 129 increasing their positions, 134 reducing their positions, and 53 closing their positions.
80% more call options, than puts
Call options by funds: $75.2M | Put options by funds: $41.8M
4% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 134
7% less funds holding
Funds holding: 366 → 342 (-24)
15% less capital invested
Capital invested by funds: $4.44B → $3.79B (-$650M)
38% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 53
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$49.9M |
| 2 |
Goldman Sachs
New York
|
+$46.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$45.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$41.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$37.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$124M |
| 2 |
CCI
Columbus Circle Investors
|
-$86.4M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$80.1M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$53.5M |
| 5 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$46.4M |
GRMN Hedge Fund Activity: Q1 2015 in Review
342 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q1 2015, worth a combined $3.79B — down 15% from $4.44B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of GRMN and 33 opened new positions — a net loss of 20 holders — while 134 trimmed existing stakes and 129 added.
The largest buyer was Bank of America, adding an estimated $49.9M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $124M sold.
- 342 institutional investors held Garmin (GRMN) as of Q1 2015, down from 366 in Q4 2014.
- Funds reported $3.79B of Garmin stock for Q1 2015, down 15% quarter-over-quarter.
- 33 funds opened new Garmin positions in Q1 2015 and 53 closed out, a net change of -20 holders.
- The largest Garmin buyer in Q1 2015 was Bank of America, an estimated $49.9M added.
- The largest Garmin seller in Q1 2015 was Capital Research Global Investors, an estimated $124M sold.
Based on aggregated 13F filings for Q1 2015.