Garmin
GRMN
605 hedge funds and large institutions have $8.38B invested in Garmin in 2022 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 265 increasing their positions, 197 reducing their positions, and 100 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
35% more repeat investments, than reductions
Existing positions increased: 265 | Existing positions reduced: 197
1.27% more ownership
Funds ownership: 52.77% → 54.04% (+1.3%)
8% less funds holding
Funds holding: 660 → 605 (-55)
12% less call options, than puts
Call options by funds: $53.6M | Put options by funds: $61M
16% less capital invested
Capital invested by funds: $10B → $8.38B (-$1.65B)
45% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 100
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$161M |
| 2 |
Select Equity Group
New York
|
+$60.3M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$46.5M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$34M |
| 5 |
State Street
Boston,
Massachusetts
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$115M |
| 2 |
Goldman Sachs
New York
|
-$46.2M |
| 3 |
IIM
INTECH Investment Management
West Palm Beach,
Florida
|
-$44.8M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$41.4M |
| 5 |
JP Morgan Chase
New York
|
-$39.7M |
GRMN Hedge Fund Activity: Q3 2022 in Review
605 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q3 2022, worth a combined $8.38B — down 16% from $10B a quarter earlier.
Sellers outnumbered buyers: 100 funds closed out of GRMN and 55 opened new positions — a net loss of 45 holders — while 197 trimmed existing stakes and 265 added.
The largest buyer was First Trust Advisors, adding an estimated $161M. The largest seller was Janus Henderson Group, cutting an estimated $115M.
- 605 institutional investors held Garmin (GRMN) as of Q3 2022, down from 660 in Q2 2022.
- Funds reported $8.38B of Garmin stock for Q3 2022, down 16% quarter-over-quarter.
- 55 funds opened new Garmin positions in Q3 2022 and 100 closed out, a net change of -45 holders.
- The largest Garmin buyer in Q3 2022 was First Trust Advisors, an estimated $161M added.
- The largest Garmin seller in Q3 2022 was Janus Henderson Group, an estimated $115M sold.
Based on aggregated 13F filings for Q3 2022.