Joel Greenblatt's GRMN Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 19,282 shares of Garmin Ltd. (GRMN) worth $4.47 M, representing 0.01% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in GRMN, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2014, adding 740,500 shares. Largest reduction occurred in Q2 2015, reducing 1.51 M shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Garmin (GRMN) Holding Value Over Time
Track share changes against reported price movement
Quarterly Garmin (GRMN) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | -5,743 | Reduce 22.95% | 19,282 | $232.01 |
| Q4 2025 | -2,523 | Reduce 9.16% | 25,025 | $202.85 |
| Q3 2025 | +10,795 | Add 64.44% | 27,548 | $246.22 |
| Q2 2025 | -10,037 | Reduce 37.47% | 16,753 | $208.72 |
| Q1 2025 | -4,742 | Reduce 15.04% | 26,790 | $217.13 |
| Q4 2024 | -13,404 | Reduce 29.83% | 31,532 | $206.26 |
| Q3 2024 | -10,363 | Reduce 18.74% | 44,936 | $176.03 |
| Q2 2024 | +6,121 | Add 12.45% | 55,299 | $162.92 |
| Q1 2024 | -1,242 | Reduce 2.46% | 49,178 | $148.87 |
| Q4 2023 | -17,479 | Reduce 25.74% | 50,420 | $128.54 |
| Q3 2023 | +30,783 | Add 82.94% | 67,899 | $105.20 |
| Q2 2023 | +11,723 | Add 46.17% | 37,116 | $104.29 |
| Q1 2023 | +11,527 | Add 83.13% | 25,393 | $100.92 |
| Q4 2022 | -8,098 | Reduce 36.87% | 13,866 | $92.29 |
| Q3 2022 | +17,068 | Add 348.61% | 21,964 | $80.31 |
| Q2 2022 | +959 | Add 24.36% | 4,896 | $98.24 |
| Q1 2022 | -16,698 | Reduce 80.92% | 3,937 | $118.62 |
| Q4 2021 | +2,874 | Add 16.18% | 20,635 | $136.18 |
| Q3 2021 | -13,803 | Reduce 43.73% | 17,761 | $155.45 |
| Q2 2021 | +323 | Add 1.03% | 31,564 | $144.63 |
| Q1 2021 | -231 | Reduce 0.73% | 31,241 | $131.85 |
| Q4 2020 | -5,513 | Reduce 14.91% | 31,472 | $119.66 |
| Q3 2020 | +5,405 | Add 17.12% | 36,985 | $94.85 |
| Q2 2020 | -52,406 | Reduce 62.40% | 31,580 | $97.50 |
| Q1 2020 | +56,115 | Add 201.34% | 83,986 | $74.96 |
| Q4 2019 | -50,512 | Reduce 64.44% | 27,871 | $97.56 |
| Q3 2019 | -151,493 | Reduce 65.90% | 78,383 | $84.69 |
| Q2 2019 | -131,927 | Reduce 36.46% | 229,876 | $79.80 |
| Q1 2019 | -116,425 | Reduce 24.35% | 361,803 | $86.35 |
| Q4 2018 | +119,943 | Add 33.48% | 478,228 | $63.32 |
| Q3 2018 | -100,586 | Reduce 21.92% | 358,285 | $70.05 |
| Q2 2018 | +286,025 | Add 165.48% | 458,871 | $61.00 |
| Q1 2018 | -157,123 | Reduce 47.62% | 172,846 | $58.93 |
| Q4 2017 | +47,218 | Add 16.70% | 329,969 | $59.57 |
| Q3 2017 | -133,789 | Reduce 32.12% | 282,751 | $53.97 |
| Q2 2017 | -242,058 | Reduce 36.75% | 416,540 | $51.03 |
| Q1 2017 | +92,970 | Add 16.44% | 658,598 | $51.11 |
| Q4 2016 | +87,627 | Add 18.33% | 565,628 | $48.49 |
| Q3 2016 | -298,839 | Reduce 38.47% | 478,001 | $48.11 |
| Q2 2016 | +345,296 | Add 80.01% | 776,840 | $42.42 |
| Q1 2016 | +162,393 | Add 60.34% | 431,544 | $39.96 |
| Q4 2015 | -165,068 | Reduce 38.01% | 269,151 | $37.17 |
| Q3 2015 | +434,219 | New Buy | 434,219 | $35.88 |
| Q2 2015 | -1.51 M | Sold Out | 0 | $0.00 |
| Q1 2015 | +385,100 | Add 34.17% | 1.51 M | $47.52 |
| Q4 2014 | +298,364 | Add 36.01% | 1.13 M | $52.83 |
| Q3 2014 | +740,500 | Add 841.38% | 828,510 | $51.99 |
| Q2 2014 | -20,811 | Reduce 19.12% | 88,010 | $60.90 |
| Q1 2014 | +108,821 | New Buy | 108,821 | $55.26 |
| Q4 2013 | -65,573 | Sold Out | 0 | $0.00 |
| Q3 2013 | -11,946 | Reduce 15.41% | 65,573 | $45.19 |
| Q2 2013 | +77,519 | Add 0.00% | 77,519 | $36.17 |
Joel Greenblatt's Garmin Investment FAQs
Joel Greenblatt first purchased Garmin Ltd. (GRMN) in Q2 2013, acquiring 77,519 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Garmin Ltd. (GRMN) for 52 quarters since Q2 2013.
Joel Greenblatt's largest addition to Garmin Ltd. (GRMN) was in Q3 2014, adding 828,510 shares worth $43.07 M.
According to the latest 13F filing for Q1 2026, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 19,282 shares of Garmin Ltd. (GRMN), valued at approximately $4.47 M.
As of the Q1 2026 filing, Garmin Ltd. (GRMN) represents approximately 0.01% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Garmin Ltd. (GRMN) was 1,511,974 shares, as reported at the end of Q1 2015.