Garmin
GRMN
316 hedge funds and large institutions have $4.04B invested in Garmin in 2013 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 104 increasing their positions, 112 reducing their positions, and 35 closing their positions.
74% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 35
17% more call options, than puts
Call options by funds: $88.1M | Put options by funds: $75.3M
8% more funds holding
Funds holding: 293 → 316 (+23)
5% more capital invested
Capital invested by funds: $3.83B → $4.04B (+$204M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
7% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$87.5M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$66M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$52.5M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
+$37.9M |
| 5 |
SP
Sarasin & Partners
London,
United Kingdom
|
+$30.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$128M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$47.8M |
| 3 |
Select Equity Group
New York
|
-$34.7M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$25.4M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$24.7M |
GRMN Hedge Fund Activity: Q4 2013 in Review
316 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q4 2013, worth a combined $4.04B — up 5.3% from $3.83B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new GRMN positions and 35 closed out — a net gain of 26 holders — while 104 added to existing stakes and 112 trimmed.
The largest buyer was Waddell & Reed Financial, opening a new position worth an estimated $87.5M. The largest seller was Capital Research Global Investors, cutting an estimated $128M.
- 316 institutional investors held Garmin (GRMN) as of Q4 2013, up from 293 in Q3 2013.
- Funds reported $4.04B of Garmin stock for Q4 2013, up 5.3% quarter-over-quarter.
- 61 funds opened new Garmin positions in Q4 2013 and 35 closed out, a net change of +26 holders.
- The largest Garmin buyer in Q4 2013 was Waddell & Reed Financial, an estimated $87.5M added.
- The largest Garmin seller in Q4 2013 was Capital Research Global Investors, an estimated $128M sold.
Based on aggregated 13F filings for Q4 2013.