Garmin
GRMN
523 hedge funds and large institutions have $9.3B invested in Garmin in 2020 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 212 increasing their positions, 169 reducing their positions, and 54 closing their positions.
51% more call options, than puts
Call options by funds: $81.6M | Put options by funds: $53.9M
36% more capital invested
Capital invested by funds: $6.85B → $9.3B (+$2.45B)
35% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 54
25% more repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 169
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
3% more funds holding
Funds holding: 506 → 523 (+17)
1.76% more ownership
Funds ownership: 47.99% → 49.75% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$99.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$81.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$78.7M |
| 4 |
JP Morgan Chase
New York
|
+$78.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$53.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$51.8M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$48.5M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$46.2M |
| 4 |
Select Equity Group
New York
|
-$43.6M |
| 5 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
-$38.4M |
GRMN Hedge Fund Activity: Q2 2020 in Review
523 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q2 2020, worth a combined $9.3B — up 36% from $6.85B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new GRMN positions and 54 closed out — a net gain of 19 holders — while 212 added to existing stakes and 169 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $99.4M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $51.8M sold.
- 523 institutional investors held Garmin (GRMN) as of Q2 2020, up from 506 in Q1 2020.
- Funds reported $9.3B of Garmin stock for Q2 2020, up 36% quarter-over-quarter.
- 73 funds opened new Garmin positions in Q2 2020 and 54 closed out, a net change of +19 holders.
- The largest Garmin buyer in Q2 2020 was First Trust Advisors, an estimated $99.4M added.
- The largest Garmin seller in Q2 2020 was Renaissance Technologies, an estimated $51.8M sold.
Based on aggregated 13F filings for Q2 2020.