Garmin
GRMN
424 hedge funds and large institutions have $4.66B invested in Garmin in 2017 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 140 increasing their positions, 155 reducing their positions, and 39 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
79% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 39
12% more call options, than puts
Call options by funds: $66.5M | Put options by funds: $59.4M
7% more capital invested
Capital invested by funds: $4.35B → $4.66B (+$301M)
7% more funds holding
Funds holding: 397 → 424 (+27)
10% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 155
1.31% less ownership
Funds ownership: 43% → 41.7% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$25.8M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$23.8M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$23.1M |
| 4 |
SI
Sensato Investors
San Francisco,
California
|
+$21.6M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
-$50.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$38.3M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$27.6M |
| 4 |
State Street
Boston,
Massachusetts
|
-$27.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$23.8M |
GRMN Hedge Fund Activity: Q4 2017 in Review
424 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q4 2017, worth a combined $4.66B — up 6.9% from $4.35B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new GRMN positions and 39 closed out — a net gain of 31 holders — while 140 added to existing stakes and 155 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $25.8M. The largest seller was ALPS Advisors, cutting an estimated $50.8M.
- 424 institutional investors held Garmin (GRMN) as of Q4 2017, up from 397 in Q3 2017.
- Funds reported $4.66B of Garmin stock for Q4 2017, up 6.9% quarter-over-quarter.
- 70 funds opened new Garmin positions in Q4 2017 and 39 closed out, a net change of +31 holders.
- The largest Garmin buyer in Q4 2017 was JP Morgan Chase, an estimated $25.8M added.
- The largest Garmin seller in Q4 2017 was ALPS Advisors, an estimated $50.8M sold.
Based on aggregated 13F filings for Q4 2017.