Garmin
GRMN
634 hedge funds and large institutions have $13.3B invested in Garmin in 2021 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 250 increasing their positions, 200 reducing their positions, and 46 closing their positions.
78% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 46
34% more call options, than puts
Call options by funds: $90.8M | Put options by funds: $67.6M
25% more repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 200
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
13% more capital invested
Capital invested by funds: $11.7B → $13.3B (+$1.55B)
5% more funds holding
Funds holding: 603 → 634 (+31)
1.28% more ownership
Funds ownership: 51.36% → 52.64% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$334M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$60.6M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$52.6M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$33.9M |
| 5 |
Janus Henderson Group
London,
|
+$29.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$48M |
| 2 |
VRS
Virginia Retirement Systems
Richmond,
Virginia
|
-$42.8M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$28.3M |
| 4 |
BlackRock
New York
|
-$23M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$21.3M |
GRMN Hedge Fund Activity: Q1 2021 in Review
634 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q1 2021, worth a combined $13.3B — up 13% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new GRMN positions and 46 closed out — a net gain of 36 holders — while 250 added to existing stakes and 200 trimmed.
The largest buyer was Bank of America, adding an estimated $334M. The largest seller was Morgan Stanley, cutting an estimated $48M.
- 634 institutional investors held Garmin (GRMN) as of Q1 2021, up from 603 in Q4 2020.
- Funds reported $13.3B of Garmin stock for Q1 2021, up 13% quarter-over-quarter.
- 82 funds opened new Garmin positions in Q1 2021 and 46 closed out, a net change of +36 holders.
- The largest Garmin buyer in Q1 2021 was Bank of America, an estimated $334M added.
- The largest Garmin seller in Q1 2021 was Morgan Stanley, an estimated $48M sold.
Based on aggregated 13F filings for Q1 2021.