Garmin
GRMN
293 hedge funds and large institutions have $3.83B invested in Garmin in 2013 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 118 increasing their positions, 74 reducing their positions, and 27 closing their positions.
148% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 27
104% more capital inflows, than outflows
Capital inflows: $645M | Capital outflows: $316M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
59% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 74
17% more call options, than puts
Call options by funds: $116M | Put options by funds: $99.1M
15% more funds holding
Funds holding: 254 → 293 (+39)
3.96% more ownership
Funds ownership: 38.95% → 42.9% (+4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Egerton Capital (UK)
London,
United Kingdom
|
+$102M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$100M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$38.9M |
| 4 |
Westwood Holdings Group
Dallas,
Texas
|
+$35.3M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$86.9M |
| 2 |
Perkins Investment Management
Chicago,
Illinois
|
-$42.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$33.5M |
| 4 |
Janus Henderson Investors US
Denver,
Colorado
|
-$22.9M |
| 5 |
Winton Capital Management
London,
United Kingdom
|
-$13.9M |
GRMN Hedge Fund Activity: Q3 2013 in Review
293 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q3 2013, worth a combined $3.83B — up 38% from $2.78B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new GRMN positions and 27 closed out — a net gain of 40 holders — while 118 added to existing stakes and 74 trimmed.
The largest buyer was Egerton Capital (UK), opening a new position worth an estimated $102M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $86.9M sold.
- 293 institutional investors held Garmin (GRMN) as of Q3 2013, up from 254 in Q2 2013.
- Funds reported $3.83B of Garmin stock for Q3 2013, up 38% quarter-over-quarter.
- 67 funds opened new Garmin positions in Q3 2013 and 27 closed out, a net change of +40 holders.
- The largest Garmin buyer in Q3 2013 was Egerton Capital (UK), an estimated $102M added.
- The largest Garmin seller in Q3 2013 was Neuberger Berman Group, an estimated $86.9M sold.
Based on aggregated 13F filings for Q3 2013.