Garmin Ltd.
US ˙ NYSE ˙ CH0114405324

SecurityGRMN / Garmin Ltd.
InstitutionNorthern Trust Corp
Latest Disclosed Ownership1,791,307 shares
Latest Disclosed Value $ 415,601,137
Northern Trust Corp reports 4.17% increase in ownership of GRMN / Garmin Ltd.

On May 14, 2026 - Northern Trust Corp filed a 13F-HR form disclosing ownership of 1,791,307 shares of Garmin Ltd. (US:GRMN) valued at $415,601,137 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 1,719,677 shares of Garmin Ltd.. This represents a change in shares of 4.17% during the quarter. The current value of the position is $433,424,642 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F GARMIN SHS H2906T109 1,791,307 71,630 4.17 415,601 19.14 0.0113
2026-02-17 2025-12-31 13F GARMIN SHS H2906T109 1,719,677 63,283 3.82 348,836 -14.47 0.0092
2025-11-14 2025-09-30 13F GARMIN SHS H2906T109 1,656,394 -72,134 -4.17 407,837 13.04 0.0119
2025-08-13 2025-06-30 13F GARMIN SHS H2906T109 1,728,528 30,857 1.82 360,778 -2.13 0.0496
2025-05-13 2025-03-31 13F GARMIN SHS H2906T109 1,697,671 -10,824 -0.63 368,615 4.60 0.0547
2025-02-14 2024-12-31 13F GARMIN SHS H2906T109 1,708,495 286,765 20.17 352,394 40.81 0.0499
2024-11-13 2024-09-30 13F GARMIN COM H2906T109 1,421,730 -48,218 -3.28 250,267 4.50 0.0410
2024-08-14 2024-06-30 13F GARMIN COM H2906T109 1,469,948 -16,628 -1.12 239,484 8.21 0.0404
2024-05-14 2024-03-31 13F GARMIN COM H2906T109 1,486,576 -70,384 -4.52 221,307 10.58 0.0382
2024-02-13 2023-12-31 13F GARMIN COM H2906T109 1,556,960 -73,188 -4.49 200,132 16.70 0.0362
2023-11-13 2023-09-30 13F GARMIN COM H2906T109 1,630,148 108,427 7.13 171,492 8.06 0.0332
2023-08-11 2023-06-30 13F GARMIN COM H2906T109 1,521,721 -94,602 -5.85 158,700 -2.71 0.0305
2023-05-15 2023-03-31 13F GARMIN COM H2906T109 1,616,323 -6,022 -0.37 163,119 8.95 0.0323
2023-02-13 2022-12-31 13F GARMIN COM H2906T109 1,622,345 1,182 0.07 149,726 15.00 0.0314
2022-11-14 2022-09-30 13F GARMIN COM H2906T109 1,621,163 21,406 1.34 130,196 -17.17 0.0297
2022-08-12 2022-06-30 13F GARMIN COM H2906T109 1,599,757 -81,312 -4.84 157,176 -21.17 0.0337
2022-05-13 2022-03-31 13F GARMIN COM H2906T109 1,681,069 -12,748 -0.75 199,392 -13.55 0.0351
2022-02-08 2021-12-31 13F GARMIN SHS H2906T109 1,693,817 -5,074 -0.30 230,647 -12.67 0.0378
2021-11-15 2021-09-30 13F GARMIN SHS H2906T109 1,698,891 -29,389 -1.70 264,109 5.65 0.0467
2021-08-13 2021-06-30 13F GARMIN SHS H2906T109 1,728,280 1,186 0.07 249,979 9.78 0.0440
2021-05-12 2021-03-31 13F GARMIN SHS H2906T109 1,727,094 20,638 1.21 227,718 11.52 0.0424
2021-02-11 2020-12-31 13F GARMIN SHS H2906T109 1,706,456 -66,925 -3.77 204,194 21.38 0.0398
2020-11-16 2020-09-30 13F GARMIN SHS H2906T109 1,773,381 -22,105 -1.23 168,223 -3.91 0.0369
2020-08-14 2020-06-30 13F GARMIN COM H2906T109 1,795,486 196,365 12.28 175,061 46.04 0.0415
2020-05-14 2020-03-31 13F GARMIN SHS H2906T109 1,599,121 19,185 1.21 119,871 -22.23 0.0344
2020-02-14 2019-12-31 13F GARMIN SHS H2906T109 1,579,936 -41,072 -2.53 154,139 12.28 0.0345
2019-11-13 2019-09-30 13F GARMIN COM H2906T109 1,621,008 178,379 12.36 137,283 19.25 0.0329
2019-08-13 2019-06-30 13F GARMIN SHS H2906T109 1,442,629 69,443 5.06 115,121 -2.91 0.0273
2019-05-13 2019-03-31 13F GARMIN SHS H2906T109 1,373,186 22,233 1.65 118,575 38.62 0.0293
2019-02-12 2018-12-31 13F GARMIN SHS H2906T109 1,350,953 41,255 3.15 85,542 -6.76 0.0240
2018-11-14 2018-09-30 13F GARMIN SHS H2906T109 1,309,698 50,850 4.04 91,745 19.47 0.0225
2018-09-18 2018-06-30 13F/A-1 GARMIN SHS H2906T109 1,258,848 -71,951 -5.41 76,791 -2.08 0.0195
2018-08-14 2018-06-30 13F GARMIN SHS H2906T109 1,271,181 -59,618 77,543
2018-05-09 2018-03-31 13F GARMIN SHS H2906T109 1,330,799 -386,409 -22.50 78,424 -23.33 0.0204
2018-02-14 2017-12-31 13F GARMIN SHS H2906T109 1,717,208 -21,226 -1.22 102,294 9.03 0.0259
2017-11-13 2017-09-30 13F GARMIN SHS H2906T109 1,738,434 65,212 3.90 93,823 9.88 0.0245
2017-08-11 2017-06-30 13F GARMIN COM H2906T109 1,673,222 -15,270 -0.90 85,385 -1.06 0.0239
2017-05-12 2017-03-31 13F GARMIN COM H2906T109 1,688,492 478,820 39.58 86,299 47.12 0.0249
2017-02-13 2016-12-31 13F GARMIN COM H2906T109 1,209,672 52,887 4.57 58,658 5.40 0.0180
2016-11-09 2016-09-30 13F GARMIN COM H2906T109 1,156,785 11,215 0.98 55,653 14.52 0.0173
2016-08-12 2016-06-30 13F GARMIN COM H2906T109 1,145,570 -10,154 -0.88 48,595 5.22 0.0158
2016-08-19 2016-03-31 13F/A-1 GARMIN COM H2906T109 1,155,724 -14,312 -1.22 46,183 6.19 0.0153
2016-05-13 2016-03-31 13F GARMIN COM H2906T109 1,155,724 46,183
2016-02-12 2015-12-31 13F GARMIN COM H2906T109 1,170,036 -185,539 -13.69 43,490 -10.58 0.0144
2015-11-12 2015-09-30 13F GARMIN COM H2906T109 1,355,575 1,355,575 0.00 48,638 0.0162
2015-08-13 2015-06-30 13F GARMIN COM H2906T109 0 -1,719,971 -100.00 0 -100.00
2015-05-14 2015-03-31 13F GARMIN COM H2906T109 1,719,971 -59,847 -3.36 81,732 -13.08 0.0246
2015-02-12 2014-12-31 13F Garmin COM H2906T109 1,779,818 -36,874 -2.03 94,028 -0.45 0.0284
2014-11-13 2014-09-30 13F Garmin COMM H2906T109 1,816,692 76,500 4.40 94,449 -10.88 0.0297
2014-08-14 2014-06-30 13F GARMIN com H2906T109 1,740,192 115,108 7.08 105,978 18.01 0.0330
2014-05-14 2014-03-31 13F GARMIN COM H2906T109 1,625,084 -87,188 -5.09 89,803 13.55 0.0283
2014-02-21 2013-12-31 13F/A-1 GARMIN COM H2906T109 1,712,272 28,556 1.70 79,090 3.95 0.0254
2014-02-12 2013-12-31 13F GARMIN COM H2906T109 1,712,272 79,090
2013-11-13 2013-09-30 13F GARMIN COM H2906T109 1,683,716 72,912 4.53 76,088 30.60 0.0268
2013-08-09 2013-06-30 13F GARMIN COM H2906T109 1,610,804 1,610,804 58,262 0.0211
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.