Garmin
GRMN
389 hedge funds and large institutions have $4.02B invested in Garmin in 2017 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 165 increasing their positions, 120 reducing their positions, and 35 closing their positions.
40% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 35
38% more repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 120
7% more capital invested
Capital invested by funds: $3.77B → $4.02B (+$255M)
2% more funds holding
Funds holding: 383 → 389 (+6)
0.86% more ownership
Funds ownership: 39.27% → 40.13% (+0.86%)
24% less call options, than puts
Call options by funds: $42.8M | Put options by funds: $55.9M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$536M |
| 2 |
Renaissance Technologies
New York
|
+$31.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$27.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$24.3M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$97.4M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$31M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$18.9M |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$18.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.4M |
GRMN Hedge Fund Activity: Q1 2017 in Review
389 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q1 2017, worth a combined $4.02B — up 6.8% from $3.77B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new GRMN positions and 35 closed out — a net gain of 14 holders — while 165 added to existing stakes and 120 trimmed.
The largest buyer was BlackRock, adding an estimated $536M. The largest seller was Invesco, cutting an estimated $97.4M.
- 389 institutional investors held Garmin (GRMN) as of Q1 2017, up from 383 in Q4 2016.
- Funds reported $4.02B of Garmin stock for Q1 2017, up 6.8% quarter-over-quarter.
- 49 funds opened new Garmin positions in Q1 2017 and 35 closed out, a net change of +14 holders.
- The largest Garmin buyer in Q1 2017 was BlackRock, an estimated $536M added.
- The largest Garmin seller in Q1 2017 was Invesco, an estimated $97.4M sold.
Based on aggregated 13F filings for Q1 2017.