Garmin
GRMN
603 hedge funds and large institutions have $11.7B invested in Garmin in 2020 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 233 increasing their positions, 185 reducing their positions, and 51 closing their positions.
106% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 51
29% more capital invested
Capital invested by funds: $9.13B → $11.7B (+$2.62B)
26% more repeat investments, than reductions
Existing positions increased: 233 | Existing positions reduced: 185
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% more funds holding
Funds holding: 554 → 603 (+49)
1.02% more ownership
Funds ownership: 50.35% → 51.36% (+1%)
7% less call options, than puts
Call options by funds: $79.4M | Put options by funds: $85.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$217M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$66.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$65.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$51.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$58.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$40M |
| 3 |
State Street
Boston,
Massachusetts
|
-$32.5M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$31.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$29.6M |
GRMN Hedge Fund Activity: Q4 2020 in Review
603 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q4 2020, worth a combined $11.7B — up 29% from $9.13B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new GRMN positions and 51 closed out — a net gain of 54 holders — while 233 added to existing stakes and 185 trimmed.
The largest buyer was Bank of America, adding an estimated $217M. The largest seller was Eagle Asset Management, cutting an estimated $58.4M.
- 603 institutional investors held Garmin (GRMN) as of Q4 2020, up from 554 in Q3 2020.
- Funds reported $11.7B of Garmin stock for Q4 2020, up 29% quarter-over-quarter.
- 105 funds opened new Garmin positions in Q4 2020 and 51 closed out, a net change of +54 holders.
- The largest Garmin buyer in Q4 2020 was Bank of America, an estimated $217M added.
- The largest Garmin seller in Q4 2020 was Eagle Asset Management, an estimated $58.4M sold.
Based on aggregated 13F filings for Q4 2020.