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GRMN

Garmin
GRMN

424 hedge funds and large institutions have $4.66B invested in Garmin in 2017 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 140 increasing their positions, 155 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more funds holding in top 10

Funds holding in top 10: 1 → 4 (+3)

79% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 39

12% more call options, than puts

Call options by funds: $66.5M | Put options by funds: $59.4M

7% more capital invested

Capital invested by funds: $4.35B → $4.66B (+$301M)

7% more funds holding

Funds holding: 397 → 424 (+27)

10% less repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 155

1.31% less ownership

Funds ownership: 43% → 41.7% (-1.3%)

Holders
424
Holders Change
+27
Holders Change %
+6.8%
% of All Funds
9.62%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.09%
New
70
Increased
140
Reduced
155
Closed
39
Calls
$66.5M
Puts
$59.4M
Net Calls
+$7.14M
Net Calls Change
-$6.97M

Top Buyers

1
JP Morgan Chase
JP Morgan Chase
New York
+$25.8M
2
AQR Capital Management
AQR Capital Management
Connecticut
+$23.8M
3
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
+$23.1M
4
SI
Sensato Investors
California
+$21.6M
5
SI
Scout Investments
Missouri
+$18.3M

Top Sellers

1
AA
ALPS Advisors
Colorado
-$50.8M
2
Deutsche Bank
Deutsche Bank
Germany
-$38.3M
3
TD Asset Management
TD Asset Management
Ontario, Canada
-$27.6M
4
State Street
State Street
Massachusetts
-$27.3M
5
Vanguard Group
Vanguard Group
Pennsylvania
-$23.8M
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$671M +$8.31M +141,665 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$617M -$23.8M -406,338 -4%
State Street
3
State Street
Massachusetts
$359M -$27.3M -465,781 -7%
Norges Bank
4
Norges Bank
Norway
$165M -$5.61M -95,639 -3%
Robeco Institutional Asset Management
5
Robeco Institutional Asset Management
Netherlands
$120M +$23.1M +393,740 +24%
Northern Trust
6
Northern Trust
Illinois
$102M -$1.25M -21,226 -1%
Deutsche Bank
7
Deutsche Bank
Germany
$102M -$38.3M -653,335 -28%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$97M -$22M -375,762 -19%
DGI
9
Disciplined Growth Investors
Minnesota
$96.7M +$552K +9,409 +0.6%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$89.6M +$11.2M +191,405 +15%
Schroder Investment Management Group
11
Schroder Investment Management Group
United Kingdom
$87M +$9.57M +163,211 +13%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$76.4M +$61.1K +1,041 +0.1%
Janus Henderson Group
13
Janus Henderson Group
United Kingdom
$71.6M -$21.5K -366 -0%
Goldman Sachs
14
Goldman Sachs
New York
$68.3M +$3.3M +56,205 +5%
UBS AM
15
UBS AM
Illinois
$63.8M +$6.02M +102,638 +11%
Principal Financial Group
16
Principal Financial Group
Iowa
$57.7M -$11.9M -202,568 -17%
Select Equity Group
17
Select Equity Group
New York
$53.5M +$11.3M +191,924 +27%
Renaissance Technologies
18
Renaissance Technologies
New York
$45.6M -$2.39M -40,700 -5%
Charles Schwab
19
Charles Schwab
California
$44.3M +$667K +11,377 +2%
Citadel Advisors
20
Citadel Advisors
Florida
$44.1M +$198K +3,373 +0.5%
DZ Bank
21
DZ Bank
Germany
$43.9M -$13.5M -230,130 -24%
CS
22
Credit Suisse
Switzerland
$40.7M +$204K +3,481 +0.5%
AllianceBernstein
23
AllianceBernstein
Tennessee
$39.3M -$10.2M -174,155 -21%
Legal & General Group
24
Legal & General Group
United Kingdom
$39.1M +$13.9K +237 +0%
American Century Companies
25
American Century Companies
Missouri
$38.6M -$8.29M -141,281 -18%
1
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GRMN Hedge Fund Activity: Q4 2017 in Review

424 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q4 2017, worth a combined $4.66B — up 6.9% from $4.35B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new GRMN positions and 39 closed out — a net gain of 31 holders — while 140 added to existing stakes and 155 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $25.8M. The largest seller was ALPS Advisors, cutting an estimated $50.8M.

  • 424 institutional investors held Garmin (GRMN) as of Q4 2017, up from 397 in Q3 2017.
  • Funds reported $4.66B of Garmin stock for Q4 2017, up 6.9% quarter-over-quarter.
  • 70 funds opened new Garmin positions in Q4 2017 and 39 closed out, a net change of +31 holders.
  • The largest Garmin buyer in Q4 2017 was JP Morgan Chase, an estimated $25.8M added.
  • The largest Garmin seller in Q4 2017 was ALPS Advisors, an estimated $50.8M sold.

Based on aggregated 13F filings for Q4 2017.