Garmin
GRMN
330 hedge funds and large institutions have $3.37B invested in Garmin in 2015 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 110 increasing their positions, 131 reducing their positions, and 52 closing their positions.
14% more call options, than puts
Call options by funds: $61M | Put options by funds: $53.4M
4% less funds holding
Funds holding: 342 → 330 (-12)
11% less capital invested
Capital invested by funds: $3.79B → $3.37B (-$414M)
16% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 131
19% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 52
Top Buyers
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$45.7M |
| 2 |
Renaissance Technologies
New York
|
+$31.9M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$28.8M |
| 4 |
EA
Euclid Advisors
Hartford,
Connecticut
|
+$25.8M |
| 5 |
Goldman Sachs
New York
|
+$21.3M |
Top Sellers
| 1 |
GAM
Gotham Asset Management
New York
|
-$71.8M |
| 2 |
Select Equity Group
New York
|
-$39.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$23.9M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$21M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$20.8M |
GRMN Hedge Fund Activity: Q2 2015 in Review
330 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q2 2015, worth a combined $3.37B — down 11% from $3.79B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of GRMN and 42 opened new positions — a net loss of 10 holders — while 131 trimmed existing stakes and 110 added.
The largest buyer was Gilder Gagnon Howe & Co, opening a new position worth an estimated $45.7M. The largest seller was Gotham Asset Management, exiting entirely with an estimated $71.8M sold.
- 330 institutional investors held Garmin (GRMN) as of Q2 2015, down from 342 in Q1 2015.
- Funds reported $3.37B of Garmin stock for Q2 2015, down 11% quarter-over-quarter.
- 42 funds opened new Garmin positions in Q2 2015 and 52 closed out, a net change of -10 holders.
- The largest Garmin buyer in Q2 2015 was Gilder Gagnon Howe & Co, an estimated $45.7M added.
- The largest Garmin seller in Q2 2015 was Gotham Asset Management, an estimated $71.8M sold.
Based on aggregated 13F filings for Q2 2015.