Garmin
GRMN
535 hedge funds and large institutions have $8.93B invested in Garmin in 2019 Q4 according to their latest regulatory filings, with 91 funds opening new positions, 187 increasing their positions, 172 reducing their positions, and 46 closing their positions.
98% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 46
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
15% more capital invested
Capital invested by funds: $7.78B → $8.93B (+$1.15B)
7% more funds holding
Funds holding: 500 → 535 (+35)
9% more repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 172
0.18% less ownership
Funds ownership: 48.36% → 48.18% (-0.18%)
22% less call options, than puts
Call options by funds: $80.1M | Put options by funds: $103M
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$111M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$83.1M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$42.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$40.7M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$39.9M |
Top Sellers
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
-$65.2M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$41.3M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$39.6M |
| 4 |
D.E. Shaw & Co
New York
|
-$38.6M |
| 5 |
Two Sigma Advisers
New York
|
-$38.6M |
GRMN Hedge Fund Activity: Q4 2019 in Review
535 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q4 2019, worth a combined $8.93B — up 15% from $7.78B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new GRMN positions and 46 closed out — a net gain of 45 holders — while 187 added to existing stakes and 172 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $111M. The largest seller was Prudential plc, exiting entirely with an estimated $65.2M sold.
- 535 institutional investors held Garmin (GRMN) as of Q4 2019, up from 500 in Q3 2019.
- Funds reported $8.93B of Garmin stock for Q4 2019, up 15% quarter-over-quarter.
- 91 funds opened new Garmin positions in Q4 2019 and 46 closed out, a net change of +45 holders.
- The largest Garmin buyer in Q4 2019 was Fidelity Investments, an estimated $111M added.
- The largest Garmin seller in Q4 2019 was Prudential plc, an estimated $65.2M sold.
Based on aggregated 13F filings for Q4 2019.