Garmin
GRMN
718 hedge funds and large institutions have $13.6B invested in Garmin in 2021 Q4 according to their latest regulatory filings, with 126 funds opening new positions, 246 increasing their positions, 245 reducing their positions, and 94 closing their positions.
34% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 94
3% more funds holding
Funds holding: 696 → 718 (+22)
0% more repeat investments, than reductions
Existing positions increased: 246 | Existing positions reduced: 245
0.52% less ownership
Funds ownership: 52.77% → 52.25% (-0.52%)
13% less capital invested
Capital invested by funds: $15.7B → $13.6B (-$2.12B)
17% less call options, than puts
Call options by funds: $86.7M | Put options by funds: $104M
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
+$82.1M |
| 2 |
Millennium Management
New York
|
+$75M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$74.6M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$56M |
| 5 |
Renaissance Technologies
New York
|
+$48.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$263M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$110M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$98.7M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$84.2M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$51.1M |
GRMN Hedge Fund Activity: Q4 2021 in Review
718 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q4 2021, worth a combined $13.6B — down 13% from $15.7B a quarter earlier.
Buyers outnumbered sellers: 126 funds opened new GRMN positions and 94 closed out — a net gain of 32 holders — while 246 added to existing stakes and 245 trimmed.
The largest buyer was Pictet Asset Management (Switzerland), adding an estimated $82.1M. The largest seller was Fidelity Investments, cutting an estimated $263M.
- 718 institutional investors held Garmin (GRMN) as of Q4 2021, up from 696 in Q3 2021.
- Funds reported $13.6B of Garmin stock for Q4 2021, down 13% quarter-over-quarter.
- 126 funds opened new Garmin positions in Q4 2021 and 94 closed out, a net change of +32 holders.
- The largest Garmin buyer in Q4 2021 was Pictet Asset Management (Switzerland), an estimated $82.1M added.
- The largest Garmin seller in Q4 2021 was Fidelity Investments, an estimated $263M sold.
Based on aggregated 13F filings for Q4 2021.