Garmin
GRMN
669 hedge funds and large institutions have $11.9B invested in Garmin in 2022 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 235 increasing their positions, 262 reducing their positions, and 114 closing their positions.
13% more call options, than puts
Call options by funds: $106M | Put options by funds: $93.3M
0.42% more ownership
Funds ownership: 52.25% → 52.67% (+0.42%)
7% less funds holding
Funds holding: 718 → 669 (-49)
10% less repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 262
12% less capital invested
Capital invested by funds: $13.6B → $11.9B (-$1.65B)
35% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 114
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$545M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$209M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$191M |
| 4 |
BlackRock
New York
|
+$130M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$81.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$564M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$135M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$90.1M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$59.5M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$53.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
776
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$1K | -4 | Closed |
|
|
GLLW
777
Graves Light Lenhart Wealth
Harrisonburg,
Virginia
| – | -$120 | -1 | Closed |
|
|
MFA
778
McClarren Financial Advisors
State College,
Pennsylvania
| – | +$120 | +1 | New |
|
|
SIC
779
SJS Investment Consulting
Sylvania,
Ohio
| – | +$361 | +3 | New |
|
GRMN Hedge Fund Activity: Q1 2022 in Review
669 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q1 2022, worth a combined $11.9B — down 12% from $13.6B a quarter earlier.
Sellers outnumbered buyers: 114 funds closed out of GRMN and 74 opened new positions — a net loss of 40 holders — while 262 trimmed existing stakes and 235 added.
The largest buyer was Artisan Partners, opening a new position worth an estimated $545M. The largest seller was Bank of America, cutting an estimated $564M.
- 669 institutional investors held Garmin (GRMN) as of Q1 2022, down from 718 in Q4 2021.
- Funds reported $11.9B of Garmin stock for Q1 2022, down 12% quarter-over-quarter.
- 74 funds opened new Garmin positions in Q1 2022 and 114 closed out, a net change of -40 holders.
- The largest Garmin buyer in Q1 2022 was Artisan Partners, an estimated $545M added.
- The largest Garmin seller in Q1 2022 was Bank of America, an estimated $564M sold.
Based on aggregated 13F filings for Q1 2022.