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GRMN

Garmin

813 hedge funds and large institutions have $18.9B invested in Garmin in 2024 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 306 increasing their positions, 287 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 72

10% more capital invested

Capital invested by funds: $17.2B → $18.9B (+$1.8B)

1.3% more ownership

Funds ownership: 54.82%56.12% (+1.3%)

7% more call options, than puts

Call options by funds: $141M | Put options by funds: $131M

7% more repeat investments, than reductions

Existing positions increased: 306 | Existing positions reduced: 287

0% less funds holding

Funds holding: 815813 (-2)

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

Holders
813
Holders Change
-2
Holders Change %
-0.25%
% of All Funds
11.67%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.1%
New
82
Increased
306
Reduced
287
Closed
72
Calls
$141M
Puts
$131M
Net Calls
+$9.72M
Net Calls Change
-$3.95M
Name Holding Trade Value Shares
Change
Change in
Stake
DekaBank Deutsche Girozentrale
51
DekaBank Deutsche Girozentrale
Germany
$44.8M +$61.7K +357 +0.1%
Royal Bank of Canada
52
Royal Bank of Canada
Ontario, Canada
$44.7M +$623K +3,604 +1%
PAM
53
Panagora Asset Management
Massachusetts
$43.4M +$4.21M +24,394 +11%
MWM
54
Moran Wealth Management
Florida
$42.1M +$16.3M +94,121 +65%
Canada Life
55
Canada Life
Manitoba, Canada
$41.1M +$1.36M +7,886 +4%
Mitsubishi UFJ Asset Management
56
Mitsubishi UFJ Asset Management
Japan
$40.5M +$3.19M +18,461 +9%
BHC
57
Bowen Hanes & Co
Florida
$39M +$86.4K +500 +0.2%
T. Rowe Price Associates
58
T. Rowe Price Associates
Maryland
$38.2M -$2.61M -15,103 -7%
MGP
59
M&G plc
United Kingdom
$37.8M -$3.19M -18,473 -8%
Bank of Montreal
60
Bank of Montreal
Ontario, Canada
$36.4M -$11.7M -67,983 -25%
BNP Paribas Financial Markets
61
BNP Paribas Financial Markets
France
$35.9M -$2.74M -15,864 -7%
KBC Group
62
KBC Group
Belgium
$35.9M +$29.9M +172,883 +561%
Schroder Investment Management Group
63
Schroder Investment Management Group
United Kingdom
$35.8M +$5.05M +29,238 +17%
Teacher Retirement System of Texas
64
Teacher Retirement System of Texas
Texas
$35.5M -$269K -1,559 -0.8%
Principal Financial Group
65
Principal Financial Group
Iowa
$35.2M +$1.03M +5,965 +3%
Macquarie Group
66
Macquarie Group
Australia
$35.1M -$1.44M -8,362 -4%
New York State Common Retirement Fund
67
New York State Common Retirement Fund
New York
$33.7M -$6.72M -38,900 -17%
ACM
68
Argent Capital Management
Missouri
$31.9M -$657K -3,801 -2%
Envestnet Asset Management
69
Envestnet Asset Management
Illinois
$31.4M +$2.53M +14,666 +9%
SIM
70
SW Investment Management
Colorado
$29.9M
AllianceBernstein
71
AllianceBernstein
Tennessee
$29.6M -$534K -3,092 -2%
VF
72
Vest Financial
Virginia
$29.3M +$4.06M +23,519 +16%
State Board of Administration of Florida Retirement System
73
State Board of Administration of Florida Retirement System
Florida
$29.3M +$11.9K +69 +0%
SEI Investments
74
SEI Investments
Pennsylvania
$29.1M -$2.79M -16,166 -9%
Russell Investments Group
75
Russell Investments Group
United Kingdom
$28.4M -$1.16M -6,721 -4%

GRMN Hedge Fund Activity: Q3 2024 in Review

813 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q3 2024, worth a combined $18.9B — up 10% from $17.2B a quarter earlier.

Buyers outnumbered sellers: 82 funds opened new GRMN positions and 72 closed out — a net gain of 10 holders — while 306 added to existing stakes and 287 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $189M. The largest seller was Artisan Partners, cutting an estimated $141M.

  • 813 institutional investors held Garmin (GRMN) as of Q3 2024, down from 815 in Q2 2024.
  • Funds reported $18.9B of Garmin stock for Q3 2024, up 10% quarter-over-quarter.
  • 82 funds opened new Garmin positions in Q3 2024 and 72 closed out, a net change of +10 holders.
  • The largest Garmin buyer in Q3 2024 was Fidelity Investments, an estimated $189M added.
  • The largest Garmin seller in Q3 2024 was Artisan Partners, an estimated $141M sold.

Based on aggregated 13F filings for Q3 2024.