Garmin
GRMN
330 hedge funds and large institutions have $4.76B invested in Garmin in 2014 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 113 increasing their positions, 129 reducing their positions, and 30 closing their positions.
57% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 30
50% more call options, than puts
Call options by funds: $78.8M | Put options by funds: $52.4M
4% more funds holding
Funds holding: 316 → 330 (+14)
0.59% less ownership
Funds ownership: 44.2% → 43.6% (-0.59%)
8% less capital inflows, than outflows
Capital inflows: $518M | Capital outflows: $564M
12% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 129
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$68.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$32.1M |
| 3 |
Janus Henderson Investors US
Denver,
Colorado
|
+$31.1M |
| 4 |
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
+$28.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$25.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$60.6M |
| 2 |
Westwood Holdings Group
Dallas,
Texas
|
-$55.1M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$54.1M |
| 4 |
Southpoint Capital Advisors
New York
|
-$37M |
| 5 |
Ascend Capital
Orinda,
California
|
-$35M |
GRMN Hedge Fund Activity: Q1 2014 in Review
330 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q1 2014, worth a combined $4.76B — up 18% from $4.04B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new GRMN positions and 30 closed out — a net gain of 17 holders — while 113 added to existing stakes and 129 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $68.3M. The largest seller was Select Equity Group, cutting an estimated $60.6M.
- 330 institutional investors held Garmin (GRMN) as of Q1 2014, up from 316 in Q4 2013.
- Funds reported $4.76B of Garmin stock for Q1 2014, up 18% quarter-over-quarter.
- 47 funds opened new Garmin positions in Q1 2014 and 30 closed out, a net change of +17 holders.
- The largest Garmin buyer in Q1 2014 was Fidelity Investments, an estimated $68.3M added.
- The largest Garmin seller in Q1 2014 was Select Equity Group, an estimated $60.6M sold.
Based on aggregated 13F filings for Q1 2014.