Garmin
GRMN
661 hedge funds and large institutions have $14.7B invested in Garmin in 2021 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 275 increasing their positions, 194 reducing their positions, and 49 closing their positions.
67% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 49
42% more repeat investments, than reductions
Existing positions increased: 275 | Existing positions reduced: 194
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
11% more capital invested
Capital invested by funds: $13.3B → $14.7B (+$1.44B)
4% more funds holding
Funds holding: 634 → 661 (+27)
0.15% less ownership
Funds ownership: 52.64% → 52.5% (-0.15%)
52% less call options, than puts
Call options by funds: $60.2M | Put options by funds: $125M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$48.1M |
| 2 |
Morgan Stanley
New York
|
+$40.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$40.8M |
| 4 |
Janus Henderson Group
London,
|
+$36.7M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$130M |
| 2 |
Los Angeles Capital Management
Los Angeles,
California
|
-$54.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$35M |
| 4 |
D.E. Shaw & Co
New York
|
-$30.8M |
| 5 |
Select Equity Group
New York
|
-$28.5M |
GRMN Hedge Fund Activity: Q2 2021 in Review
661 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q2 2021, worth a combined $14.7B — up 11% from $13.3B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new GRMN positions and 49 closed out — a net gain of 33 holders — while 275 added to existing stakes and 194 trimmed.
The largest buyer was Macquarie Group, adding an estimated $48.1M. The largest seller was Credit Suisse, exiting entirely with an estimated $130M sold.
- 661 institutional investors held Garmin (GRMN) as of Q2 2021, up from 634 in Q1 2021.
- Funds reported $14.7B of Garmin stock for Q2 2021, up 11% quarter-over-quarter.
- 82 funds opened new Garmin positions in Q2 2021 and 49 closed out, a net change of +33 holders.
- The largest Garmin buyer in Q2 2021 was Macquarie Group, an estimated $48.1M added.
- The largest Garmin seller in Q2 2021 was Credit Suisse, an estimated $130M sold.
Based on aggregated 13F filings for Q2 2021.