Garmin Ltd.
US ˙ NYSE ˙ CH0114405324

SecurityGRMN / Garmin Ltd.
InstitutionNeuberger Berman Group LLC
Latest Disclosed Ownership11,895 shares
Latest Disclosed Value $ 2,759,658
Neuberger Berman Group LLC reports 24.29% increase in ownership of GRMN / Garmin Ltd.

On May 14, 2026 - Neuberger Berman Group LLC filed a 13F-HR form disclosing ownership of 11,895 shares of Garmin Ltd. (US:GRMN) valued at $2,759,759 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 9,570 shares of Garmin Ltd.. This represents a change in shares of 24.29% during the quarter. The current value of the position is $2,814,000 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.

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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 Common H2906T109 11,895 2,325 24.29 2,760 42.14 0.0011
2026-02-13 2025-12-31 13F GARMIN Common H2906T109 9,570 -8,999 -48.46 1,941 -57.54 0.0014
2025-11-12 2025-09-30 13F GARMIN Common H2906T109 18,569 859 4.85 4,572 23.67 0.0033
2025-08-25 2025-06-30 13F/A-1 GARMIN Common H2906T109 17,710 2,159 13.88 3,697 9.48 0.0028
2025-08-13 2025-06-30 13F GARMIN Common H2906T109 17,710 2,159 3,697 0.0015
2025-05-13 2025-03-31 13F GARMIN Common H2906T109 15,551 4,645 42.59 3,377 50.11 0.0028
2025-02-13 2024-12-31 13F GARMIN Common H2906T109 10,906 237 2.22 2,250 19.76 0.0018
2024-11-14 2024-09-30 13F GARMIN Common H2906T109 10,669 -6,052 -36.19 1,878 -31.06 0.0015
2024-11-14 2024-06-30 13F/A-1 GARMIN Common H2906T109 16,721 3,190 23.58 2,724 35.25 0.0022
2024-08-13 2024-06-30 13F GARMIN Common H2906T109 16,721 3,190 2,724 0.0022
2024-11-14 2024-03-31 13F/A-1 GARMIN Common H2906T109 13,531 -45 -0.33 2,014 15.42 0.0017
2024-05-13 2024-03-31 13F GARMIN Common H2906T109 13,531 -45 2,014 0.0017
2024-11-14 2023-12-31 13F/A-2 GARMIN Common H2906T109 13,576 5,470 67.48 1,745 104.81 0.0015
2024-02-09 2023-12-31 13F GARMIN Common H2906T109 13,576 5,470 1,745 0.0015
2023-11-14 2023-09-30 13F GARMIN Common H2906T109 8,106 82 1.02 853 1.91 0.0008
2023-08-11 2023-06-30 13F GARMIN Common H2906T109 8,024 28 0.35 837 3.72 0.0007
2023-05-12 2023-03-31 13F GARMIN Common H2906T109 7,996 -457 -5.41 807 3.33 0.0007
2023-02-13 2022-12-31 13F GARMIN Common H2906T109 8,453 647 8.29 780 24.40 0.0008
2022-11-15 2022-09-30 13F GARMIN Common H2906T109 7,806 2,277 41.18 627 14.84 0.0007
2022-08-15 2022-06-30 13F GARMIN Common H2906T109 5,529 214 4.03 546 -13.74 0.0005
2022-05-23 2022-03-31 13F/A-1 GARMIN Common H2906T109 5,315 -34,456 -86.64 633 -88.06 0.0005
2022-05-13 2022-03-31 13F GARMIN Common H2906T109 5,315 -34,456 453 0.0002
2022-02-11 2021-12-31 13F GARMIN Common H2906T109 39,771 1,042 2.69 5,301 -1.72 0.0042
2021-11-12 2021-09-30 13F GARMIN Common H2906T109 38,729 2,766 7.69 5,394 11.35 0.0047
2021-08-13 2021-06-30 13F GARMIN Common H2906T109 35,963 31,760 755.65 4,844 847.95 0.0042
2021-05-13 2021-03-31 13F GARMIN Common H2906T109 4,203 -3,379 -44.57 511 -44.46 0.0005
2021-02-10 2020-12-31 13F GARMIN Common H2906T109 7,582 4,751 167.82 920 243.28 0.0010
2020-11-12 2020-09-30 13F GARMIN Common H2906T109 2,831 -10,003 -77.94 268 -78.59 0.0003
2020-08-13 2020-06-30 13F GARMIN Common H2906T109 12,834 -3,575 -21.79 1,252 1.79 0.0016
2020-05-14 2020-03-31 13F GARMIN Common H2906T109 16,409 -26,583 -61.83 1,230 -70.67 0.0019
2020-02-12 2019-12-31 13F GARMIN Common H2906T109 42,992 -861 -1.96 4,194 12.92 0.0049
2019-11-13 2019-09-30 13F GARMIN Common H2906T109 43,853 -14,867 -25.32 3,714 -20.74 0.0045
2019-08-13 2019-06-30 13F GARMIN Common H2906T109 58,720 3,156 5.68 4,686 -2.33 0.0056
2019-05-13 2019-03-31 13F GARMIN Common H2906T109 55,564 -6,166 -9.99 4,798 22.74 0.0059
2019-02-12 2018-12-31 13F GARMIN Common H2906T109 61,730 21,931 55.10 3,909 40.21 0.0054
2018-11-16 2018-09-30 13F/A-1 GARMIN Common H2906T109 39,799 -11,326 -22.15 2,788 -12.90 0.0032
2018-11-13 2018-09-30 13F GARMIN Common H2906T109 39,799 -11,326 2,788
2018-08-13 2018-06-30 13F GARMIN Common H2906T109 51,125 9,856 23.88 3,201 29.02 0.0035
2018-05-08 2018-03-31 13F GARMIN Common H2906T109 41,269 -6,399 -13.42 2,481 -12.64 0.0028
2018-02-14 2017-12-31 13F GARMIN Common H2906T109 47,668 47,668 2,840 0.0033
2014-11-04 2014-09-30 13F GARMIN COMMON STOCK H2906T109 0 -3,940 -100.00 0 -100.00
2014-08-05 2014-06-30 13F GARMIN COMMON STOCK H2906T109 3,940 0 0.00 240 10.09 0.0002
2014-05-05 2014-03-31 13F GARMIN COMMON STOCK H2906T109 3,940 -1,725 -30.45 218 -16.79 0.0002
2014-02-11 2013-12-31 13F GARMIN COMMON STOCK H2906T109 5,665 5,665 -99.76 262 -99.70 0.0003
2013-10-29 2013-09-30 13F/A-1 GARMIN COMMON STOCK H2906T109 0 -2,403,802 -100.00 0 -100.00
2013-08-13 2013-06-30 13F GARMIN COMMON STOCK H2906T109 2,403,802 2,403,802 86,946 0.1034
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.