Garmin
GRMN
813 hedge funds and large institutions have $18.9B invested in Garmin in 2024 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 306 increasing their positions, 287 reducing their positions, and 72 closing their positions.
14% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 72
10% more capital invested
Capital invested by funds: $17.2B → $18.9B (+$1.8B)
1.3% more ownership
Funds ownership: 54.82% → 56.12% (+1.3%)
7% more call options, than puts
Call options by funds: $141M | Put options by funds: $131M
7% more repeat investments, than reductions
Existing positions increased: 306 | Existing positions reduced: 287
0% less funds holding
Funds holding: 815 → 813 (-2)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$189M |
| 2 |
BlackRock
New York
|
+$128M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$81.4M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$62.8M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$62.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$141M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$103M |
| 3 |
Select Equity Group
New York
|
-$83.4M |
| 4 |
Renaissance Technologies
New York
|
-$46M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$29.7M |
GRMN Hedge Fund Activity: Q3 2024 in Review
813 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q3 2024, worth a combined $18.9B — up 10% from $17.2B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new GRMN positions and 72 closed out — a net gain of 10 holders — while 306 added to existing stakes and 287 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $189M. The largest seller was Artisan Partners, cutting an estimated $141M.
- 813 institutional investors held Garmin (GRMN) as of Q3 2024, down from 815 in Q2 2024.
- Funds reported $18.9B of Garmin stock for Q3 2024, up 10% quarter-over-quarter.
- 82 funds opened new Garmin positions in Q3 2024 and 72 closed out, a net change of +10 holders.
- The largest Garmin buyer in Q3 2024 was Fidelity Investments, an estimated $189M added.
- The largest Garmin seller in Q3 2024 was Artisan Partners, an estimated $141M sold.
Based on aggregated 13F filings for Q3 2024.