Garmin
GRMN
428 hedge funds and large institutions have $4.58B invested in Garmin in 2018 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 117 increasing their positions, 175 reducing their positions, and 46 closing their positions.
20% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 46
14% more call options, than puts
Call options by funds: $57.6M | Put options by funds: $50.6M
1% more funds holding
Funds holding: 424 → 428 (+4)
2% less capital invested
Capital invested by funds: $4.65B → $4.58B (-$71.6M)
2.4% less ownership
Funds ownership: 41.65% → 39.25% (-2.4%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
33% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 175
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$53.5M |
| 2 |
Squarepoint
New York
|
+$48.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$26.7M |
| 5 |
JP Morgan Chase
New York
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$48.1M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$23.7M |
| 3 |
BlackRock
New York
|
-$22.1M |
| 4 |
SI
Sensato Investors
San Francisco,
California
|
-$21.9M |
| 5 |
State Street
Boston,
Massachusetts
|
-$21.8M |
GRMN Hedge Fund Activity: Q1 2018 in Review
428 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q1 2018, worth a combined $4.58B — down 1.5% from $4.65B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new GRMN positions and 46 closed out — a net gain of 9 holders — while 117 added to existing stakes and 175 trimmed.
The largest buyer was Invesco, adding an estimated $53.5M. The largest seller was Norges Bank, cutting an estimated $48.1M.
- 428 institutional investors held Garmin (GRMN) as of Q1 2018, up from 424 in Q4 2017.
- Funds reported $4.58B of Garmin stock for Q1 2018, down 1.5% quarter-over-quarter.
- 55 funds opened new Garmin positions in Q1 2018 and 46 closed out, a net change of +9 holders.
- The largest Garmin buyer in Q1 2018 was Invesco, an estimated $53.5M added.
- The largest Garmin seller in Q1 2018 was Norges Bank, an estimated $48.1M sold.
Based on aggregated 13F filings for Q1 2018.