GRMN

GRMN

GRMN

Letters With This Ticker

Quarter	Letter Date	Fund Name	QTD	YTD	Tickers	Keywords/Themes	Theme Commentary	Pitches	Letter
2025 Q1	Mar 26, 2025	Andrew Hill Investment Advisors, Inc.	-	-	AAPL, AMZN, DUK, GRMN, JNJ, JPM, MSFT, NFLX, PGR	-			View
2023 Q1	Mar 24, 2023	Andrew Hill Investment Advisors, Inc.	-	-	AAPL, ANET, DE, GRMN, LECO, MRK, MSFT, ULTA, V, VRTX	-			View
2025 Q4	Dec 31, 2025	Fortress – Fixed Income Fund	0.6%	5.5%	005930.KS, 0700.HK, 1288.HK, 1585.HK, 1878.T, 2318.HK, 392.HK, 3968.HK, 6920.T, 8035.T, 916.HK, ACN, AMAT, AXP, BABA, BBDO, BNZL.L, BRK.B, BTI, CHTR, FMC, GMEXICOB.MX, GRMN, HSY, ITUB, IX, JNJ, LOGI, MC.PA, MRK, NTES, NVO, ORLY, PDD, PHM, ROG.SW, SBS, SNA, TSM, UNH, VALE, VRTX, WKL	AI, Bonds, emerging markets, healthcare, international, technology, Trade Policy, value	Artificial intelligence remained the primary focus for investors in U.S. markets, driving strength in technology names while masking moderation in other economic areas. The AI investment boom continued to power corporate capital expenditures and supply growth, though consumer confidence readings suggest potential underlying softness that could emerge if AI investment moderates. The manager sees excellent value opportunities globally, particularly in international and emerging markets despite strong recent performance. U.S. healthcare and consumer staples have been left behind by the AI frenzy and trade at appealing valuations. Portfolio companies show attractive price/earnings ratios with meaningful long-term return potential. Recent tariff policies continued to negatively impact U.S. consumers and companies throughout the year. However, international companies have been finding new trade arrangements and growth opportunities, benefiting from shifts in global trade patterns as the new U.S. administration alters terms of international cooperation.		View
2024 Q4	Dec 19, 2024	Andrew Hill Investment Advisors, Inc.	-	-	AAPL, AMZN, ANET, CEG, GEV, GRMN, GS, JPM, MSFT, NVDA	-			View
2024 Q3	Oct 14, 2024	Upslope Capital Management	14.8%	18.1%	7011 JP, 8697 JP, ATR, BARN SW, CHG LN, CME, CMPO, DPLM LN, DSFIR NA, FTT CN, GRMN, HSY, NVT, NWC CN, TDY, WPK CN	-			View
2025 Q4	Jan 30, 2026	Flattery Wealth Management	0.0%	0.0%	ASTS, CASY, CEF, CPRT, DE, GRMN, HEI, MSTR, RACE, RMS, SEB	AI, Bitcoin, contrarian, crypto, gold, Multi-baggers, Quality, Space	Bitcoin functions as scarce, portable, digital gold gaining institutional traction as a hedge against currency debasement. MicroStrategy operates as the leader in pioneering corporate bitcoin strategy with the largest corporate bitcoin stash. The manager views bitcoin's institutional narrative advancing through maturing spot ETFs and growing corporate interest. AI represents a gunpowder moment that is flattening the playing field, allowing solo entrepreneurs to compete with enterprises and small businesses to compete with larger ones. The manager notes institutional investors have zero interest in non-AI deals currently. However, AI may also make people dumber and risks losing habits of attention and deep learning. AST SpaceMobile represents a bet on eliminating cellular dead zones through space-based broadband to unmodified smartphones. The company has partnerships with major carriers and is building what could become a massive subscription business. The space economy narrative is gaining attention with potential SpaceX IPO catalysts. Gold surged 65% in 2025, its best year since 1979, while most people forgot about it. Sprott Physical Gold and Silver Trust provides exposure to physical metals without counterparty risk or financial engineering. The position serves as insurance when fiat currencies inflate over long time horizons.	CEF HEI ASTS MSTR	View
2023 Q2	Jul 17, 2023	Upslope Capital Management	14.8%	18.1%	8697 JP, FCN, GRMN, X CN	-			View
2024 Q2	Jul 15, 2024	Upslope Capital Management	14.8%	18.1%	8697 JP, ATR, BARN SW, CACI, CHG LN, DPLM LN, DSFIR NL, DSFIY, FTT CN, GRMN, HSY, KOZ0 GR, NVT, NWG CN, TDY, WPK CN	-			View

Pitches With This Ticker

Date	Pitch Type	Author	Company	Industry	Sub Industry	Bull / Bear	Stock Exchange	Keywords	Action
Aug 7, 2025	Seeking Alpha	OA Research	Garmin Ltd.	Information Technology	Scientific & Technical Instruments	Bear	NYSE	—	View Pitch

BSD Shareholders of GRMN

This report provides a detailed summary of investor holdings for a specified stock ticker, highlighting key metrics such as fund name, total assets under management (AUM), invested value, portfolio weight, and shares owned. It also tracks changes in share ownership during the last quarter, including the percentage of shares bought or sold and the percentage of outstanding shares owned. The data is generated using an API that processes investor holdings and calculates these values for each fund. This report helps investors and analysts monitor the stock positions of major funds, identify investment trends, and assess the influence of large investors on individual stocks.

Filing Date: September 30, 2025

Manager Name	Fund Name	Fund AUM	Invested Value	Portfolio Weight	Shares Owned	Shares Bought / Sold During Quarter	% Bought / Sold During Quarter	% of Shares Outstanding Owned
No investor data available.

Join for free and get access to the buyside

Get insights from the world's most influential hedge fund investors direct to your inbox

Follow Us On: