Garmin
GRMN
629 hedge funds and large institutions have $9.13B invested in Garmin in 2022 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 216 increasing their positions, 223 reducing their positions, and 60 closing their positions.
62% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 60
4% more funds holding
Funds holding: 605 → 629 (+24)
3% less repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 223
2.4% less ownership
Funds ownership: 54.04% → 51.64% (-2.4%)
19% less call options, than puts
Call options by funds: $52.2M | Put options by funds: $64.6M
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
42% less capital inflows, than outflows
Capital inflows: $409M | Capital outflows: $710M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$62.3M |
| 2 |
BlackRock
New York
|
+$29.9M |
| 3 |
Select Equity Group
New York
|
+$22.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$19.5M |
| 5 |
Morgan Stanley
New York
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$134M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
-$55.5M |
| 3 |
State Street
Boston,
Massachusetts
|
-$54.4M |
| 4 |
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
-$31.7M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$25.7M |
GRMN Hedge Fund Activity: Q4 2022 in Review
629 of the 6,244 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q4 2022, worth a combined $9.13B — up 9.1% from $8.38B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new GRMN positions and 60 closed out — a net gain of 37 holders — while 216 added to existing stakes and 223 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $62.3M. The largest seller was First Trust Advisors, cutting an estimated $134M.
- 629 institutional investors held Garmin (GRMN) as of Q4 2022, up from 605 in Q3 2022.
- Funds reported $9.13B of Garmin stock for Q4 2022, up 9.1% quarter-over-quarter.
- 97 funds opened new Garmin positions in Q4 2022 and 60 closed out, a net change of +37 holders.
- The largest Garmin buyer in Q4 2022 was Bank of New York Mellon, an estimated $62.3M added.
- The largest Garmin seller in Q4 2022 was First Trust Advisors, an estimated $134M sold.
Based on aggregated 13F filings for Q4 2022.