Garmin
GRMN
670 hedge funds and large institutions have $12B invested in Garmin in 2022 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 236 increasing their positions, 262 reducing their positions, and 114 closing their positions.
13% more call options, than puts
Call options by funds: $106M | Put options by funds: $93.3M
0.41% more ownership
Funds ownership: 52.25% → 52.66% (+0.41%)
10% less repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 262
7% less funds holding
Funds holding: 720 → 670 (-50)
12% less capital invested
Capital invested by funds: $13.7B → $12B (-$1.63B)
36% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 114
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$545M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$209M |
| 3 |
Janus Henderson Group
London,
|
+$191M |
| 4 |
BlackRock
New York
|
+$130M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$81.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$564M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$135M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$90.1M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$59.5M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$53.5M |
GRMN Hedge Fund Activity: Q1 2022 in Review
670 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q1 2022, worth a combined $12B — down 12% from $13.7B a quarter earlier.
Sellers outnumbered buyers: 114 funds closed out of GRMN and 73 opened new positions — a net loss of 41 holders — while 262 trimmed existing stakes and 236 added.
The largest buyer was Artisan Partners, opening a new position worth an estimated $545M. The largest seller was Bank of America, cutting an estimated $564M.
- 670 institutional investors held Garmin (GRMN) as of Q1 2022, down from 720 in Q4 2021.
- Funds reported $12B of Garmin stock for Q1 2022, down 12% quarter-over-quarter.
- 73 funds opened new Garmin positions in Q1 2022 and 114 closed out, a net change of -41 holders.
- The largest Garmin buyer in Q1 2022 was Artisan Partners, an estimated $545M added.
- The largest Garmin seller in Q1 2022 was Bank of America, an estimated $564M sold.
Based on aggregated 13F filings for Q1 2022.