Garmin Ltd (GRMN) Ownership

141.02 ↑1.50 (1.08%)

As of April 22, 2024, 3:59pm EST.

Institutions
Mutual Funds

Institutional Ownership

Vanguard Group Inc is the biggest individual institutional holder of Garmin Ltd (GRMN), owning a total of 17.8 million shares. Combined, the top 27 institutional holders of GRMN own 43.26% of the company with a total of 82.9 million shares.

In the latest ownership report on December 31st 2023, the top 27 institutional holders increased their combined ownership of GRMN by 1.8 million shares. 11 institutions bought 2,661,603 total additional shares and increased their ownership by an average of 21.89%. However 9 institutions sold 861,216 total shares and decreased their ownership by an average of 3.53%.

Overall this is a positive sign as the number of shares owned by the top 20 institutional holders of Garmin Ltd increased by a net total of 1,800,387 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Group Inc	9.278%	-0.367%	17,793,841	-65,515	2023-12-31
BlackRock Inc	7.981%	-1.280%	15,306,061	-198,447	2023-12-31
Artisan Partners Limited Partnership	3.812%	0.873%	7,310,112	63,278	2023-12-31
State Street Corporation	3.434%	6.205%	6,585,066	384,702	2023-12-31
Geode Capital Management, LLC	2.100%	1.655%	4,028,167	65,591	2023-12-31
JPMorgan Chase & Co	1.217%	-0.983%	2,334,202	-23,181	2023-12-31
First Trust Advisors L.P.	1.172%	-10.693%	2,247,375	-269,075	2023-12-31
Select Equity Group LP	1.153%	1.254%	2,210,709	27,385	2023-12-31
Morgan Stanley - Brokerage Accounts	1.039%	16.705%	1,993,040	285,287	2023-12-31
Amvescap Plc.	0.994%	35.016%	1,905,358	494,153	2023-12-31
Bank of New York Mellon Corp	0.932%	-8.595%	1,786,392	-167,979	2023-12-31
Goldman Sachs Group Inc	0.900%	156.786%	1,725,054	1,053,266	2023-12-31
Dimensional Fund Advisors, Inc.	0.895%	2.708%	1,715,703	45,242	2023-12-31
Northern Trust Corp	0.812%	-4.490%	1,556,960	-73,188	2023-12-31
Legal & General Group PLC	0.749%	14.488%	1,436,928	181,840	2023-12-31
Boston Partners Global Investors, Inc	0.708%	-1.030%	1,357,787	-14,131	2023-12-31
Disciplined Growth Investors Inc	0.706%	-0.417%	1,352,961	-5,667	2023-12-31
Wells Fargo & Co	0.674%	4.363%	1,291,589	54,001	2023-12-31
Pictet Asset Manangement SA	0.559%	-3.944%	1,072,427	-44,033	2023-12-31
California Public Employees Retrmnt Sys	0.486%	0.741%	932,299	6,858	2023-12-31

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Group Inc	9.278%	-0.367%	17,793,841	-65,515	2023-12-31
BlackRock Inc	7.981%	-1.280%	15,306,061	-198,447	2023-12-31
Artisan Partners Limited Partnership	3.812%	0.873%	7,310,112	63,278	2023-12-31
State Street Corporation	3.434%	6.205%	6,585,066	384,702	2023-12-31
Geode Capital Management, LLC	2.100%	1.655%	4,028,167	65,591	2023-12-31
JPMorgan Chase & Co	1.217%	-0.983%	2,334,202	-23,181	2023-12-31
First Trust Advisors L.P.	1.172%	-10.693%	2,247,375	-269,075	2023-12-31
Select Equity Group LP	1.153%	1.254%	2,210,709	27,385	2023-12-31
Morgan Stanley - Brokerage Accounts	1.039%	16.705%	1,993,040	285,287	2023-12-31
Amvescap Plc.	0.994%	35.016%	1,905,358	494,153	2023-12-31
Bank of New York Mellon Corp	0.932%	-8.595%	1,786,392	-167,979	2023-12-31
Goldman Sachs Group Inc	0.900%	156.786%	1,725,054	1,053,266	2023-12-31
Dimensional Fund Advisors, Inc.	0.895%	2.708%	1,715,703	45,242	2023-12-31
NORGES BANK	0.819%	8.723%	1,567,249	125,744	2022-12-31
Northern Trust Corp	0.812%	-4.490%	1,556,960	-73,188	2023-12-31
Legal & General Group PLC	0.749%	14.488%	1,436,928	181,840	2023-12-31
Boston Partners Global Investors, Inc	0.708%	-1.030%	1,357,787	-14,131	2023-12-31
Disciplined Growth Investors Inc	0.706%	-0.417%	1,352,961	-5,667	2023-12-31
Wells Fargo & Co	0.674%	4.363%	1,291,589	54,001	2023-12-31
Pictet Asset Manangement SA	0.559%	-3.944%	1,072,427	-44,033	2023-12-31
Point72 Asset Management, L.P.	0.540%	2,940.130%	1,035,864	1,001,791	2023-09-30
California Public Employees Retrmnt Sys	0.486%	0.741%	932,299	6,858	2023-12-31
HHG PLC	0.481%	-41.601%	919,370	-654,926	2022-12-31
Deutsche Bank AG	0.474%	-2.670%	908,125	-24,911	2023-03-31
Credit Suisse First Boston (CSFB)	0.462%	50.320%	884,809	296,190	2023-06-30
Bank of America Corp	0.459%	4.173%	878,146	35,175	2023-03-31
Charles Schwab Investment Management Inc	0.425%	4.308%	813,137	33,580	2023-09-30

Mutual Fund Ownership

Artisan International Value is the biggest individual fund holder of Garmin Ltd (GRMN), owning a total of 5.6 million shares. Combined, the top 28 mutual fund holders of GRMN own 28.46% of the company with a total of 54.5 million shares.

In the latest ownership report on March 31st 2024, the top 28 fund holders increased their combined ownership of GRMN by 12 thousand shares. 1 funds bought 2,400 total additional shares and increased their ownership by an average of 0.32%. However 2 funds sold 14,759 total shares and decreased their ownership by an average of 0.41%.

Overall this is a negative sign as the number of shares owned by the top 20 mutual funds holding Garmin Ltd decreased by a net total of -12,359 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
SPDR® S&P 500 ETF Trust	0.964%	-0.772%	1,848,960	-14,378	2024-03-31
First Trust Rising Dividend Achiev ETF	0.719%	0.000%	1,379,228	0	2024-03-31
First Trust Capital Strength ETF	0.710%	0.000%	1,360,885	0	2024-03-31
Consumer Discret Sel Sect SPDR® ETF	0.433%	-0.046%	829,826	-381	2024-03-31
State St S&P 500® Indx SL Cl III	0.388%	0.324%	743,166	2,400	2024-03-31

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Artisan International Value	2.901%	0.000%	5,563,939	0	2023-12-31
Artisan International Value Investor	2.901%	0.000%	5,563,939	0	2023-12-31
Vanguard Total Stock Mkt Idx Inv	2.501%	-0.203%	4,795,790	-9,745	2024-02-29
Vanguard Instl Ttl Stck Mkt Idx Tr	2.476%	1.687%	4,737,969	78,587	2023-03-31
Vanguard Institutional 500 Index Trust	1.993%	1.064%	3,821,453	40,226	2024-02-29
Vanguard 500 Index Investor	1.924%	0.492%	3,684,241	18,018	2023-08-31
Vanguard Mid Cap Index Institutional	1.784%	-0.264%	3,420,395	-9,035	2024-02-29
SPDR® S&P 500 ETF Trust	0.964%	-0.772%	1,848,960	-14,378	2024-03-31
Fidelity 500 Index	0.957%	1.017%	1,835,776	18,473	2024-02-29
Fidelity® 500 Index	0.933%	0.640%	1,784,763	11,356	2023-11-30
iShares Core S&P 500 ETF	0.827%	0.740%	1,586,643	11,648	2024-03-28
First Trust Rising Dividend Achiev ETF	0.719%	0.000%	1,379,228	0	2024-03-31
First Trust Capital Strength ETF	0.710%	0.000%	1,360,885	0	2024-03-31
Vanguard Value Index Inv	0.667%	0.348%	1,279,909	4,433	2024-02-29
iShares MSCI USA Quality Factor ETF	0.632%	0.019%	1,212,343	233	2024-03-28
Vanguard Mid-Cap Value ETF	0.589%	-2.778%	1,130,192	-32,299	2024-02-29
JHancock Disciplined Value Mid Cap I	0.544%	1.722%	1,043,692	17,672	2024-02-29
Vanguard Institutional Index I	0.526%	-0.145%	1,009,302	-1,469	2024-02-29
iShares Select Dividend ETF	0.466%	0.413%	894,413	3,681	2024-03-28
Consumer Discret Sel Sect SPDR® ETF	0.433%	-0.046%	829,826	-381	2024-03-31
Invesco S&P 500® Equal Weight ETF	0.390%	0.246%	748,517	1,840	2024-03-28
State St S&P 500® Indx SL Cl III	0.388%	0.324%	743,166	2,400	2024-03-31
JPMorgan Growth Advantage A	0.382%	-1.865%	731,851	-13,906	2024-02-29
First Trust Value Line® Dividend ETF	0.382%	-0.148%	730,652	-1,080	2023-04-23
iShares MSCI USA Min Vol Factor ETF	0.374%	0.000%	717,373	0	2023-01-31
Janus Henderson Growth & Income MA	0.367%	-2.906%	701,564	-21,000	2023-03-31
Janus Henderson Growth And Income D	0.367%	-2.906%	701,564	-21,000	2023-03-31
Vanguard High Dividend Yield ETF	0.359%	0.522%	687,859	3,572	2024-02-29