Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Garmin Ltd (GRMN)

995 + Investors. Track Smart Money conviction in GRMN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +47
Streak
3Q ▲
Buyers last Q
57%

Smart Money Signals — GRMN

Based on 1007 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added GRMN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,007 hedge funds hold GRMN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+63 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

555 buying416 selling
Last quarter: 555 funds bought or added vs 416 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~143 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 93 → 114 → 148 → 143. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 20% medium ■ 19% new
621 out of 1,007 hedge funds have held GRMN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

147 → 93 → 114 → 148 → 143 new funds/Q
New funds entering each quarter: 93 → 114 → 148 → 143. A growing number of institutions are discovering GRMN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 65% veterans vs 23% newcomers

■ 65% veterans ■ 12% 1-2yr ■ 23% new
Entry-cohort mix of 1,030 holders: 673 (65%) are 2+ year veterans, 125 entered 1–2 years ago, and 232 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
61 of 1003 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — GRMN

In 2026 Q1, 555 hedge funds were net buyers of GRMN (143 opened a new position, 412 added to an existing one), while 416 reduced or exited (320 trimmed, 96 sold completely) — a 57% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 38% of total institutional value in GRMN is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +47 funds (more new holders than closures). Total institutional holders: 1007.

Hedge Fund Ownership: GRMN

How many hedge funds hold GRMN — quarterly history vs. share price
Quarterly hedge fund ownership of GRMN vs. share price

Market Analysis: GRMN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: GRMN

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Garmin Ltd (GRMN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much GRMN has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 76d ago
GRMN
+2.7%
XLK
+44.3%

GRMN outperformed XLK by -41.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
GRMN
+5.5%
XLK
+8.8%

Since the filing became public, GRMN outperformed XLK by -3.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

67 top-rated funds 6 high-conviction
Consensus
8.0
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: GRMN
995 + Investors

Track Smart Money conviction in GRMN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 995 960 3.65%
13F Shares 107M 109M -1.72%
Total Value $23.88B $21.91B 9.0%
New Positions 141 148 -7
Increased Positions 400 316 +84
Closed Positions 106 138 -32
Reduced Positions 310 365 -55
Total Calls 12 12 -
Total Puts 13 10 30.0%
PUT/CALL Ratio 1.08 0.83 Neutral

Statistics: GRMN

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

995 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in GRMN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 GRMN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 SW Investment Management LLC 14.15% 275,000 $63.8M
2 Fortune Financial Advisors, LLC 7.76% 65,658 $15.2M
3 Disciplined Growth Investors Inc /Mn 6.32% 1,331,441 $308.9M
4 Stony Point Capital LLC 5.60% 300,071 $69.6M
5 Andrew Hill Investment Advisors, Inc. 3.51% 16,998 $3.9M
6 Bcwm, LLC 2.97% 45,088 $10.5M
7 Tower View Wealth Management LLC 2.52% 21,185 $4.9M
8 Woodson Capital Management, LP 2.39% 65,500 $15.2M
9 Barlow Wealth Partners, LLC 2.25% 75,714 $20.2M
10 Wealth Advisors of Tampa Bay, LLC 2.11% 27,460 $6.4M
11 Artisan Partners Limited Partnership 2.05% 5,519,637 $1.28B
12 Monte Financial Group, LLC 1.83% 22,196 $5.1M
13 Silver Lake Advisory, LLC 1.77% 19,200 $4.5M
14 Diversified Investment Strategies, LLC 1.77% 11,919 $2.8M
15 NovaPoint Capital, LLC 1.61% 27,606 $6.4M
16 Green Alpha Advisors, LLC 1.52% 6,649 $1.5M
17 Summit Financial Wealth Advisors, LLC 1.49% 45,288 $10.5M
18 Segment Wealth Management, LLC 1.42% 104,501 $24.2M
19 DB Fitzpatrick & Co, Inc 1.42% 7,158 $1.7M
20 Foster Victor Wealth Advisors, LLC 1.27% 84,040 $22.2M
21 Rexford Capital Inc 1.24% 7,479 $1.7M
22 Atwood & Palmer Inc 1.22% 92,844 $21.5M
23 Oribel Capital Management, LP 1.20% 117,200 $27.2M
24 Oribel Capital Management, LP 1.20% 117,200 $27.2M
25 Enhancing Capital LLC 1.18% 6,879 $1.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Garmin Ltd (GRMN)

What does the Smart Money Trend signal show for GRMN?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added GRMN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for GRMN?

Slight buying edge — 57% buying: Last quarter: 555 funds bought or added vs 416 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for GRMN holders?

Strong quality — 38% AUM from major funds: 61 of 1003 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held GRMN?

62% of holders stayed for 2+ years: 621 out of 1,007 hedge funds have held GRMN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Garmin Ltd (GRMN) following the 2026 Q1 hedge fund 13F filings?

As of today, GRMN has moved +5.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +8.8% for the XLK sector ETF — an outperformance of -3.3%. Since the quarter end (March 31, 2026), GRMN has gained +2.7% vs +44.3% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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