Who owns Garmin Ltd. (GRMN)
Which tracked institutional funds hold GRMN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See GRMN company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on GRMN is one-sided between 2025-Q4 and 2026-Q1: 366 added or opened and 115 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
GRMN’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes GRMN more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in GRMN divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 1008 tracked filers holding GRMN, 542 increased or opened the position and 428 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in GRMN between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 40
- VANGUARD CAPITAL MANAGEMENT LLC$2.5B
- VANGUARD PORTFOLIO MANAGEMENT LLC$1.8B
- VANGUARD FIDUCIARY TRUST CO$214M
- Vanguard Global Advisers, LLC$83M
- VANGUARD ASSET MANAGEMENT, Ltd$65M
- CIBC Bancorp USA Inc.$27M
Full exits 35
- VANGUARD GROUP INC$4.1B
- Ceredex Value Advisors LLC$16M
- TWO SIGMA ADVISERS, LP$13M
- CIBC WORLD MARKETS CORP$13M
- Swiss Life Asset Management Ltd$8M
- Pacer Advisors, Inc.$7M
Largest adds
- STATE STREET CORP$167M
- BANK OF AMERICA CORP /DE/$149M
- Artisan Partners Limited Partnership$124M
- Amundi$123M
- JPMORGAN CHASE & CO$114M
- UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$109M
Largest trims
- BlackRock, Inc.$233M
- Squarepoint Ops LLC$53M
- MUFG Securities EMEA plc$42M
- CONGRESS ASSET MANAGEMENT CO$37M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$37M
- TUDOR INVESTMENT CORP ET AL$34M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 12,977,015 | $3.0B | 11.4% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 10,623,156 | $2.5B | 9.3% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 7,870,461 | $1.8B | 6.9% | 2026-Q1 |
| STATE STREET CORP trimmed | 6,852,099 | $1.6B | 6.0% | 2026-Q1 |
| Artisan Partners Limited Partnership trimmed | 5,519,637 | $1.3B | 4.9% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 4,400,713 | $1.0B | 3.9% | 2026-Q1 |
| FMR LLC trimmed | 2,151,852 | $499M | 1.9% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,889,567 | $427M | 1.6% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,791,307 | $416M | 1.6% | 2026-Q1 |
| MORGAN STANLEY added | 1,777,745 | $412M | 1.6% | 2026-Q1 |
| NORGES BANK trimmed | 1,871,056 | $406M | 1.5% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 1,932,847 | $392M | 1.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,631,843 | $379M | 1.4% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 1,395,681 | $324M | 1.2% | 2026-Q1 |
| DISCIPLINED GROWTH INVESTORS INC /MN trimmed | 1,331,441 | $309M | 1.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,295,199 | $300M | 1.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 1,284,356 | $298M | 1.1% | 2026-Q1 |
| Legal & General Group Plc added | 1,185,219 | $275M | 1.0% | 2026-Q1 |
| Invesco Ltd. trimmed | 1,113,038 | $258M | 1.0% | 2026-Q1 |
| Amundi added | 1,017,314 | $236M | 0.9% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,016,657 | $236M | 0.9% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 920,288 | $214M | 0.8% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 866,762 | $201M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 836,750 | $194M | 0.7% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 806,815 | $187M | 0.7% | 2026-Q1 |
| Man Group plc trimmed | 644,601 | $150M | 0.6% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 598,446 | $138M | 0.5% | 2026-Q1 |
| UBS Group AG added | 586,348 | $136M | 0.5% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 568,115 | $132M | 0.5% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 564,072 | $131M | 0.5% | 2026-Q1 |
| BARCLAYS PLC added | 562,016 | $130M | 0.5% | 2026-Q1 |
| KBC Group NV trimmed | 552,250 | $128M | 0.5% | 2026-Q1 |
| Pictet Asset Management Holding SA trimmed | 547,668 | $127M | 0.5% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 521,494 | $121M | 0.5% | 2026-Q1 |
| SG Americas Securities, LLC added | 506,273 | $117M | 0.4% | 2026-Q1 |
| Swiss National Bank added | 479,800 | $111M | 0.4% | 2026-Q1 |
| Nuveen, LLC added | 467,819 | $109M | 0.4% | 2026-Q1 |
| BAHL & GAYNOR INC added | 464,060 | $108M | 0.4% | 2026-Q1 |
| Caisse de depot et placement du Quebec added | 429,965 | $100M | 0.4% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 418,560 | $97M | 0.4% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 410,681 | $95M | 0.4% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 408,572 | $95M | 0.4% | 2026-Q1 |
| Robeco Institutional Asset Management B.V. trimmed | 405,265 | $94M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 400,031 | $93M | 0.4% | 2026-Q1 |
| WESTFIELD CAPITAL MANAGEMENT CO LP added | 376,362 | $87M | 0.3% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 374,629 | $87M | 0.3% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC trimmed | 373,353 | $87M | 0.3% | 2026-Q1 |
| WORLDQUANT MILLENNIUM ADVISORS LLC added | 363,084 | $84M | 0.3% | 2026-Q1 |
| Select Equity Group, L.P. trimmed | 361,610 | $84M | 0.3% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 357,375 | $83M | 0.3% | 2026-Q1 |
| M&G PLC added | 357,219 | $83M | 0.3% | 2026-Q1 |
| Quantinno Capital Management LP added | 351,241 | $81M | 0.3% | 2026-Q1 |
| California Public Employees Retirement System added | 329,035 | $76M | 0.3% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 323,825 | $75M | 0.3% | 2026-Q1 |
| DekaBank Deutsche Girozentrale | 308,787 | $71M | 0.3% | 2026-Q1 |
| Stony Point Capital LLC trimmed | 300,071 | $70M | 0.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 296,391 | $69M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 294,497 | $68M | 0.3% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 281,555 | $65M | 0.2% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 277,220 | $64M | 0.2% | 2026-Q1 |
| SW Investment Management LLC added | 275,000 | $64M | 0.2% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 272,512 | $63M | 0.2% | 2026-Q1 |
| National Pension Service trimmed | 270,699 | $63M | 0.2% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC added | 260,879 | $61M | 0.2% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC added | 257,981 | $60M | 0.2% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 256,878 | $60M | 0.2% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 255,560 | $59M | 0.2% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 251,587 | $58M | 0.2% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 231,548 | $54M | 0.2% | 2026-Q1 |
| Squarepoint Ops LLC trimmed | 224,606 | $52M | 0.2% | 2026-Q1 |
| Walleye Capital LLC added | 219,082 | $51M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 218,604 | $50M | 0.2% | 2026-Q1 |
| LPL Financial LLC added | 214,536 | $50M | 0.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 212,942 | $49M | 0.2% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 206,877 | $48M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 198,023 | $46M | 0.2% | 2026-Q1 |
| Handelsbanken Fonder AB trimmed | 192,015 | $45M | 0.2% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 182,989 | $42M | 0.2% | 2026-Q1 |
| TEACHER RETIREMENT SYSTEM OF TEXAS added | 180,449 | $42M | 0.2% | 2026-Q1 |
| Freestone Grove Partners LP added | 173,420 | $40M | 0.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 166,407 | $39M | 0.1% | 2026-Q1 |
| &PARTNERS added | 163,768 | $38M | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 159,278 | $37M | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 154,306 | $36M | 0.1% | 2026-Q1 |
| Baskin Financial Services Inc. trimmed | 154,294 | $36M | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 152,532 | $35M | 0.1% | 2026-Q1 |
| WEDGE CAPITAL MANAGEMENT L L P/NC trimmed | 151,248 | $35M | 0.1% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed | 146,470 | $34M | 0.1% | 2026-Q1 |
| Clark Capital Management Group, Inc. trimmed | 144,720 | $34M | 0.1% | 2026-Q1 |
| Allianz Asset Management GmbH added | 144,050 | $33M | 0.1% | 2026-Q1 |
| Yarbrough Capital, LLC | 143,870 | $33M | 0.1% | 2026-Q1 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 141,899 | $33M | 0.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 141,766 | $33M | 0.1% | 2026-Q1 |
| Susquehanna Portfolio Strategies, LLC added | 136,640 | $32M | 0.1% | 2026-Q1 |
| AVIVA PLC added | 135,140 | $31M | 0.1% | 2026-Q1 |
| Assenagon Asset Management S.A. added | 131,568 | $31M | 0.1% | 2026-Q1 |
| APG Asset Management N.V. trimmed | 147,103 | $30M | 0.1% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co trimmed | 124,570 | $29M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 20,087,359 | $4.1B | 15.4% | 2025-Q4 stale |
| MONTRUSCO BOLTON INVESTMENTS INC. trimmed | 179,400 | $39M | 0.1% | 2025-Q1 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.