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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
Victory Capital Management
101
Victory Capital Management
Texas
$16.6M -$12.3M -71,159 -43%
Zurich Cantonal Bank
102
Zurich Cantonal Bank
Switzerland
$16.3M +$7.22M +41,771 +82%
Handelsbanken Fonder
103
Handelsbanken Fonder
Sweden
$16.2M +$495K +2,867 +3%
Swedbank
104
Swedbank
Sweden
$16.2M +$864 +5 +0%
Ensign Peak Advisors
105
Ensign Peak Advisors
Utah
$16.2M +$1.55M +8,950 +11%
Canada Pension Plan Investment Board
106
Canada Pension Plan Investment Board
Ontario, Canada
$15.7M +$1.22M +7,076 +9%
Aviva
107
Aviva
United Kingdom
$15M +$343K +1,987 +2%
NAMA
108
Nikko Asset Management Americas
New York
$14.7M -$1.59M -9,216 -10%
LPL Financial
109
LPL Financial
California
$14.6M +$3.2M +18,516 +29%
Chevy Chase Trust
110
Chevy Chase Trust
Maryland
$14.5M -$249K -1,439 -2%
TW
111
Trajan Wealth
Arizona
$14.5M +$1.19M +6,878 +9%
BWP
112
Baldwin Wealth Partners
Massachusetts
$14.1M -$3M -17,347 -18%
Axa
113
Axa
France
$13.9M +$79.7K +461 +0.6%
SFWA
114
Summit Financial Wealth Advisors
Louisiana
$13.2M +$173 +1 +0%
RJFSA
115
Raymond James Financial Services Advisors
Florida
$12.9M +$1.85M +10,715 +17%
Treasurer of the State of North Carolina
116
Treasurer of the State of North Carolina
North Carolina
$12.6M -$484K -2,800 -4%
FVWA
117
Foster Victor Wealth Advisors
South Carolina
$12.4M +$203K +1,172 +2%
ECM
118
ExodusPoint Capital Management
New York
$12.3M +$12.1M +69,801 New
Royal London Asset Management
119
Royal London Asset Management
United Kingdom
$12.2M +$215K +1,243 +2%
Korea Investment Corp
120
Korea Investment Corp
South Korea
$12M +$8.43M +48,785 +253%
Twin Tree Management
121
Twin Tree Management
Texas
$11.8M +$2.76M +15,965 +31%
CAMG
122
CWA Asset Management Group
Florida
$11.8M +$11.6M +67,259 New
Aberdeen Group
123
Aberdeen Group
United Kingdom
$11.8M +$692K +4,005 +6%
AM
124
AGF Management
Ontario, Canada
$11.7M -$3.79M -21,936 -25%
QCM
125
QRG Capital Management
Illinois
$11.7M +$642K +3,713 +6%

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.