Garmin
GRMN
817 hedge funds and large institutions have $19B invested in Garmin in 2024 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 306 increasing their positions, 287 reducing their positions, and 72 closing their positions.
53% more capital inflows, than outflows
Capital inflows: $1.36B | Capital outflows: $887M
18% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 72
1.28% more ownership
Funds ownership: 54.82% → 56.1% (+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% more funds holding
Funds holding: 816 → 817 (+1)
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 |
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
817 of the 6,989 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q3 2024, worth a combined $19B — up 11% from $17.2B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new GRMN positions and 72 closed out — a net gain of 13 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.
- 817 institutional investors held Garmin (GRMN) as of Q3 2024, up from 816 in Q2 2024.
- Funds reported $19B of Garmin stock for Q3 2024, up 11% quarter-over-quarter.
- 85 funds opened new Garmin positions in Q3 2024 and 72 closed out, a net change of +13 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.