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Garmin Ltd (GRMN)

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Institutional Investors' Holdings

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No.	Name	Shares	Value	% Port
1.	Vanguard Group Inc	18,425,166	$4,000,656,293	0.07%
2.	Blackrock, Inc.	15,336,871	$3,330,094,867	0.07%
3.	Bank Of New York Mellon Corp	921,162	$200,012,003	0.04%
4.	Pictet Asset Management Holding Sa	900,755	$195,580,933	0.22%
5.	Schwab Charles Investment Management Inc	892,606	$193,811,541	0.04%