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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
SG Americas Securities
76
SG Americas Securities
New York
$28M -$2.27M -13,149 -8%
Man Group
77
Man Group
United Kingdom
$27.7M +$10.4M +60,470 +62%
CB
78
Commerce Bank
Missouri
$27.6M -$518K -2,998 -2%
Caisse de Depot et Placement du Quebec (CDPQ)
79
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$26.5M +$22M +127,613 +560%
Adage Capital Partners
80
Adage Capital Partners
Massachusetts
$25.5M +$8.22M +47,600 +49%
BFS
81
Baskin Financial Services
Ontario, Canada
$25.4M +$1.5M +8,662 +6%
YC
82
Yarbrough Capital
Tennessee
$25.3M
Capital Fund Management (CFM)
83
Capital Fund Management (CFM)
France
$25.2M +$7.71M +44,646 +45%
Mitsubishi UFJ Trust & Banking
84
Mitsubishi UFJ Trust & Banking
Japan
$24.3M +$5.41M +31,334 +29%
TAM
85
Telemark Asset Management
Massachusetts
$23.8M +$2.59M +15,000 +13%
Janney Montgomery Scott
86
Janney Montgomery Scott
Pennsylvania
$23M +$58.4K +338 +0.3%
Franklin Resources
87
Franklin Resources
California
$22.8M +$6.17M +35,703 +36%
TD Asset Management
88
TD Asset Management
Ontario, Canada
$22.4M +$4.93M +28,556 +28%
Mirae Asset Global ETFs Holdings
89
Mirae Asset Global ETFs Holdings
Hong Kong
$22.3M -$1.38M -8,010 -6%
FHA
90
First Horizon Advisors
Tennessee
$21.9M +$106K +614 +0.5%
New York State Teachers Retirement System (NYSTRS)
91
New York State Teachers Retirement System (NYSTRS)
New York
$21.1M +$216K +1,253 +1%
RJA
92
Raymond James & Associates
Florida
$20.9M -$3.87M -22,412 -16%
State of Wisconsin Investment Board
93
State of Wisconsin Investment Board
Wisconsin
$20.3M +$2.95M +17,065 +17%
Manulife (Manufacturers Life Insurance)
94
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$19.3M +$63.2K +366 +0.3%
SWM
95
Segment Wealth Management
Texas
$18.5M -$547K -3,163 -3%
HSBC Holdings
96
HSBC Holdings
United Kingdom
$18.2M -$508K -2,942 -3%
IMRF
97
Illinois Municipal Retirement Fund
Illinois
$18.1M +$492K +2,846 +3%
AAF
98
Andra AP-fonden
Sweden
$17.7M +$5.75M +33,300 +49%
APG Asset Management
99
APG Asset Management
Netherlands
$17.2M -$22M -127,303 -54%
AP
100
Atwood & Palmer
Missouri
$16.8M +$37.1K +215 +0.2%

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.