Who Owns Garmin Stock?
NYSE: GRMNIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 58.30%
- Held by insiders
- 14.70%
- Institutional holders
- 1,421
- Institutions 58.3%
- Insiders 14.7%
- Public and other 27.0%
Who owns Garmin stock?
Institutional investors own about 58.3% of Garmin's shares, spread across 1,421 institutions that file 13F reports. That level of institutional ownership is moderate. Insiders, including executives, directors and large founding shareholders, hold 14.70% of GRMN.
The largest institutional holders are Blackrock Inc. (7.75%), Vanguard Capital Management LLC (5.60%) and Vanguard Portfolio Management LLC (4.22%). Together, the top 10 institutions control 31.4% of shares outstanding. In their latest filings, 7 of the top 10 institutions increased their GRMN positions and 3 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of GRMN
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Blackrock Inc. | 14.82M | 7.75% | -4.0% |
| Vanguard Capital Management LLC | 10.71M | 5.60% | +0.8% |
| Vanguard Portfolio Management LLC | 8.07M | 4.22% | +2.5% |
| State Street Corporation | 7.06M | 3.69% | +3.1% |
| Artisan Partners Limited Partnership | 5.29M | 2.77% | -4.1% |
| Geode Capital Management, LLC | 5.01M | 2.62% | +13.8% |
| FMR, LLC | 3.39M | 1.77% | +57.7% |
| NORGES BANK | 1.99M | 1.04% | +1.9% |
| Alliancebernstein L.P. | 1.90M | 0.99% | -1.6% |
| Morgan Stanley | 1.90M | 0.99% | +6.8% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of GRMN
| Fund | Shares | % Held |
|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 5.21M | 2.72% |
| VANGUARD INDEX FUNDS-Vanguard 500 Index Fund | 4.25M | 2.22% |
| Artisan Partners Funds Inc.-Artisan International Value Fund | 4.17M | 2.18% |
| VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund | 3.55M | 1.86% |
| iShares Trust-iShares Core S&P 500 ETF | 2.18M | 1.14% |
| Fidelity Concord Street Trust-Fidelity 500 Index Fund | 2.13M | 1.11% |
| SPDR S&P 500 ETF TRUST-State Street SPDR S&P 500 ETF Trust | 2.00M | 1.05% |
| VANGUARD INDEX FUNDS-Vanguard Value Index Fund | 1.56M | 0.82% |
| iShares Trust-iShares MSCI USA Quality Factor ETF | 1.47M | 0.77% |
| VANGUARD INDEX FUNDS-Vanguard Mid-Cap Growth Index Fund | 1.26M | 0.66% |
Frequently asked questions
Who is the largest shareholder of Garmin?
Blackrock Inc. is the largest institutional shareholder of GRMN, owning 7.75% of shares outstanding (14.82M shares) as of its latest 13F filing.
What percentage of Garmin is owned by institutions?
Institutions own about 58.3% of GRMN shares and 68.3% of the public float.
How much of Garmin do insiders own?
Insiders, such as officers and directors, own about 14.70% of GRMN shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.