Garmin
GRMN
330 hedge funds and large institutions have $5.24B invested in Garmin in 2014 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 121 increasing their positions, 118 reducing their positions, and 34 closing their positions.
10% more call options, than puts
Call options by funds: $59.8M | Put options by funds: $54.2M
10% more capital invested
Capital invested by funds: $4.76B → $5.24B (+$481M)
9% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 34
3% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 118
0% more funds holding
Funds holding: 330 → 330 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$74.9M |
| 2 |
CCI
Columbus Circle Investors
|
+$67.3M |
| 3 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$44.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.4M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$35.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$97M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$76.1M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$66.9M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$56.7M |
| 5 |
TCM
Tetrem Capital Management
Winnipeg,
Manitoba, Canada
|
-$31.1M |
GRMN Hedge Fund Activity: Q2 2014 in Review
330 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q2 2014, worth a combined $5.24B — up 10% from $4.76B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new GRMN positions and 34 closed out — a net gain of 3 holders — while 121 added to existing stakes and 118 trimmed.
The largest buyer was Norges Bank, adding an estimated $74.9M. The largest seller was Egerton Capital (UK), cutting an estimated $97M.
- 330 institutional investors held Garmin (GRMN) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $5.24B of Garmin stock for Q2 2014, up 10% quarter-over-quarter.
- 37 funds opened new Garmin positions in Q2 2014 and 34 closed out, a net change of +3 holders.
- The largest Garmin buyer in Q2 2014 was Norges Bank, an estimated $74.9M added.
- The largest Garmin seller in Q2 2014 was Egerton Capital (UK), an estimated $97M sold.
Based on aggregated 13F filings for Q2 2014.