Garmin
GRMN
815 hedge funds and large institutions have $17.2B invested in Garmin in 2024 Q2 according to their latest regulatory filings, with 107 funds opening new positions, 311 increasing their positions, 277 reducing their positions, and 39 closing their positions.
174% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 39
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
12% more repeat investments, than reductions
Existing positions increased: 311 | Existing positions reduced: 277
12% more call options, than puts
Call options by funds: $126M | Put options by funds: $112M
9% more capital invested
Capital invested by funds: $15.8B → $17.2B (+$1.35B)
8% more funds holding
Funds holding: 755 → 815 (+60)
0.71% less ownership
Funds ownership: 55.53% → 54.82% (-0.71%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$78.8M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$64.7M |
| 3 |
Renaissance Technologies
New York
|
+$44.5M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$43.9M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$43.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$240M |
| 2 |
Bank of New York Mellon
New York
|
-$73.1M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$57M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$35.2M |
| 5 |
Barclays
London,
United Kingdom
|
-$31.6M |
GRMN Hedge Fund Activity: Q2 2024 in Review
815 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q2 2024, worth a combined $17.2B — up 8.5% from $15.8B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new GRMN positions and 39 closed out — a net gain of 68 holders — while 311 added to existing stakes and 277 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $78.8M. The largest seller was First Trust Advisors, cutting an estimated $240M.
- 815 institutional investors held Garmin (GRMN) as of Q2 2024, up from 755 in Q1 2024.
- Funds reported $17.2B of Garmin stock for Q2 2024, up 8.5% quarter-over-quarter.
- 107 funds opened new Garmin positions in Q2 2024 and 39 closed out, a net change of +68 holders.
- The largest Garmin buyer in Q2 2024 was Fidelity Investments, an estimated $78.8M added.
- The largest Garmin seller in Q2 2024 was First Trust Advisors, an estimated $240M sold.
Based on aggregated 13F filings for Q2 2024.