Garmin
GRMN
296 hedge funds and large institutions have $2.51B invested in Garmin in 2015 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 96 increasing their positions, 117 reducing their positions, and 65 closing their positions.
122% more call options, than puts
Call options by funds: $68M | Put options by funds: $30.6M
10% less funds holding
Funds holding: 330 → 296 (-34)
18% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 117
26% less capital invested
Capital invested by funds: $3.37B → $2.51B (-$865M)
49% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 65
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$88M |
| 2 |
Barclays
London,
United Kingdom
|
+$34.2M |
| 3 |
GC
Greenlight Capital
New York
|
+$24.9M |
| 4 |
Primecap Management
Pasadena,
California
|
+$24.9M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$98M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$70.9M |
| 3 |
Goldman Sachs
New York
|
-$45.2M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$39.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.7M |
GRMN Hedge Fund Activity: Q3 2015 in Review
296 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q3 2015, worth a combined $2.51B — down 26% from $3.37B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of GRMN and 33 opened new positions — a net loss of 32 holders — while 117 trimmed existing stakes and 96 added.
The largest buyer was Fidelity International, opening a new position worth an estimated $88M. The largest seller was Westwood Holdings Group, exiting entirely with an estimated $98M sold.
- 296 institutional investors held Garmin (GRMN) as of Q3 2015, down from 330 in Q2 2015.
- Funds reported $2.51B of Garmin stock for Q3 2015, down 26% quarter-over-quarter.
- 33 funds opened new Garmin positions in Q3 2015 and 65 closed out, a net change of -32 holders.
- The largest Garmin buyer in Q3 2015 was Fidelity International, an estimated $88M added.
- The largest Garmin seller in Q3 2015 was Westwood Holdings Group, an estimated $98M sold.
Based on aggregated 13F filings for Q3 2015.