Garmin
GRMN
554 hedge funds and large institutions have $9.13B invested in Garmin in 2020 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 214 increasing their positions, 174 reducing their positions, and 47 closing their positions.
70% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 47
62% more call options, than puts
Call options by funds: $89M | Put options by funds: $55M
23% more repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 174
6% more funds holding
Funds holding: 525 → 554 (+29)
0.62% more ownership
Funds ownership: 49.73% → 50.35% (+0.62%)
2% less capital invested
Capital invested by funds: $9.29B → $9.13B (-$160M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$78.8M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$36M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$34.6M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$31.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$84.1M |
| 2 |
JP Morgan Chase
New York
|
-$74.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$50.6M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$40.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$36.4M |
GRMN Hedge Fund Activity: Q3 2020 in Review
554 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q3 2020, worth a combined $9.13B — down 1.7% from $9.29B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new GRMN positions and 47 closed out — a net gain of 33 holders — while 214 added to existing stakes and 174 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $78.8M. The largest seller was Select Equity Group, cutting an estimated $84.1M.
- 554 institutional investors held Garmin (GRMN) as of Q3 2020, up from 525 in Q2 2020.
- Funds reported $9.13B of Garmin stock for Q3 2020, down 1.7% quarter-over-quarter.
- 80 funds opened new Garmin positions in Q3 2020 and 47 closed out, a net change of +33 holders.
- The largest Garmin buyer in Q3 2020 was AQR Capital Management, an estimated $78.8M added.
- The largest Garmin seller in Q3 2020 was Select Equity Group, an estimated $84.1M sold.
Based on aggregated 13F filings for Q3 2020.