13FPulse
GR

GRMN Garmin Ltd.

2026Q2 · CUSIP H2906T109 · Sector: Industrials

Funds left

Funds are exiting, but the price is holding

Funds that own it
979
Institutions that reported holding it to the SEC
Net decrease in holders
26
Last quarter 1,005 → now 979
How unusual is that
Bottom 20%
Stronger than only 5% of US stocks
What the filings say, in one paragraph

979 funds held GRMN at the end of 2026Q2, down 26 from the quarter before. Buying has faded, though the price is holding up. On the business itself, revenue over the last 12 months was $7.5B(YoY +15.7%), return on equity is 18.7%. GRMN has had 29 buying rushes in its history. It sits in the Industrials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=276 2013Q4: holders=301 2014Q1: holders=317 2014Q2: holders=315 2014Q3: holders=323 2014Q4: holders=352 2015Q1: holders=331 2015Q2: holders=324 2015Q3: holders=290 2015Q4: holders=306 2016Q1: holders=325 2016Q2: holders=316 2016Q3: holders=352 2016Q4: holders=375 2017Q1: holders=384 2017Q2: holders=372 2017Q3: holders=387 2017Q4: holders=412 2018Q1: holders=422 2018Q2: holders=433 2018Q3: holders=443 2018Q4: holders=467 2019Q1: holders=505 2019Q2: holders=489 2019Q3: holders=494 2019Q4: holders=528 2020Q1: holders=497 2020Q2: holders=513 2020Q3: holders=544 2020Q4: holders=588 2021Q1: holders=618 2021Q2: holders=653 2021Q3: holders=688 2021Q4: holders=709 2022Q1: holders=660 2022Q2: holders=651 2022Q3: holders=595 2022Q4: holders=621 2023Q1: holders=633 2023Q2: holders=660 2023Q3: holders=653 2023Q4: holders=732 2024Q1: holders=749 2024Q2: holders=807 2024Q3: holders=804 2024Q4: holders=901 2025Q1: holders=946 2025Q2: holders=931 2025Q3: holders=953 2025Q4: holders=970 2026Q1: holders=1005 2026Q2: holders=979 -97 -48.5 +0 +48.5 +97 2486521056 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 29 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q1 Top 10%
2025Q3 Top 20%
2025Q1 Top 5%
2024Q4 Top 5%
2024Q2 Top 5%
2024Q1 Top 20%
2023Q4 Top 10%
2023Q2 Top 10%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
298
Change in large funds
+12
Total value they hold
$25.9B
Funds buying for the first time
94
Funds that sold out entirely
120
Price change that quarter
Funds holding puts (bearish)
12
Funds holding calls (bullish)
16

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
EPS (TTM)
$8.96
EPS YoY
+18.1%
Revenue (TTM)
$7.5B
Revenue YoY
+15.7%
Net margin
23.3%
ROE
18.7%
Debt ratio
15.3%
FCF (TTM)
$1.5B
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2022-06-25: EPS 1.33 2022-09-24: EPS 1.09 2022-12-31: EPS 1.53 2023-04-01: EPS 1.05 2023-07-01: EPS 1.50 2023-09-30: EPS 1.34 2023-12-30: EPS 2.82 2024-03-30: EPS 1.43 2024-06-29: EPS 1.56 2024-09-28: EPS 2.07 2024-12-28: EPS 2.24 2025-03-29: EPS 1.72 2025-06-28: EPS 2.07 2025-09-27: EPS 2.08 2025-12-27: EPS 2.72 2026-03-28: EPS 2.09 0B 1.1B 2.1B $B 0.00 1.55 3.10 20162017201820192020202120222023202420252026 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

Quarterly free cash flow
0K235M469M 20162017201820192020202120222023202420252026
Latest quarter $469M (2026-03-28)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-03-28 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.