State of Michigan Retirement System’s Broadcom AVGO Stock Holding History

State of Michigan Retirement System’s Portfolio AVGO Stock Details AVGO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$523M	Sell	1,689,060 -157,800	-9%	-$51.9M	2.76%	5
2025 Q4	$639M	Sell	1,846,860 -58,200	-3%	-$20.8M	3.11%	5
2025 Q3	$628M	Sell	1,905,060 -6,500	-0.3%	-$1.99M	3.02%	7
2025 Q2	$527M	Buy	1,911,560 +7,000	+0.4%	+$1.52M	2.73%	7
2025 Q1	$319M	Buy	1,904,560 +163,900	+9%	+$34.7M	1.84%	7
2024 Q4	$404M	Hold	1,740,660	–	–	2.1%	7
2024 Q3	$300M	Buy	1,740,660 +75,000	+5%	+$12M	1.49%	10
2024 Q2	$267M	Sell	1,665,660 -79,000	-5%	-$11.1M	1.37%	10
2024 Q1	$231M	Buy	1,744,660 +66,000	+4%	+$8.18M	1.24%	12
2023 Q4	$187M	Buy	1,678,660 +198,000	+13%	+$18.7M	1.11%	14
2023 Q3	$123M	Sell	1,480,660 -29,000	-2%	-$2.51M	0.8%	21
2023 Q2	$131M	Buy	1,509,660 +72,000	+5%	+$5.13M	0.81%	18
2023 Q1	$92.2M	Buy	1,437,660 +47,000	+3%	+$2.83M	0.61%	27
2022 Q4	$77.8M	Buy	1,390,660 +8,000	+0.6%	+$401K	0.54%	34
2022 Q3	$61.4M	Sell	1,382,660 -106,000	-7%	-$5.42M	0.45%	41
2022 Q2	$72.3M	Buy	1,488,660 +114,000	+8%	+$6.4M	0.5%	34
2022 Q1	$86.6M	Buy	1,374,660 +166,940	+14%	+$9.92M	0.5%	32
2021 Q4	$80.4M	Buy	1,207,720 +178,000	+17%	+$10M	0.42%	42
2021 Q3	$49.9M	Sell	1,029,720 -995,000	-49%	-$48.4M	0.28%	69
2021 Q2	$96.5M	Buy	2,024,720 +2,000	+0.1%	+$92.7K	0.57%	37
2021 Q1	$93.8M	Buy	2,022,720 +8,000	+0.4%	+$370K	0.59%	37
2020 Q4	$88.2M	Buy	2,014,720 +988,000	+96%	+$38.5M	0.6%	34
2020 Q3	$37.4M	Buy	1,026,720 +6,000	+0.6%	+$201K	0.3%	82
2020 Q2	$32.2M	Buy	1,020,720 +110,940	+12%	+$3.1M	0.28%	86
2020 Q1	$21.6M	Sell	909,780 -50,000	-5%	-$1.41M	0.24%	109
2019 Q4	$30.3M	Buy	959,780 +3,000	+0.3%	+$91.1K	0.25%	104
2019 Q3	$26.4M	Buy	956,780 +9,000	+0.9%	+$256K	0.24%	104
2019 Q2	$27.3M	Sell	947,780 -194,000	-17%	-$5.65M	0.25%	97
2019 Q1	$34.3M	Sell	1,141,780 -42,000	-4%	-$1.14M	0.28%	87
2018 Q4	$30.1M	Sell	1,183,780 -103,000	-8%	-$2.43M	0.27%	88
2018 Q3	$31.7M	Buy	1,286,780 +98,000	+8%	+$2.2M	0.23%	95
2018 Q2	$28.8M	Sell	1,188,780 -20,000	-2%	-$490K	0.23%	95
2018 Q1	$28.5M	Buy	1,208,780 +17,000	+1%	+$428K	0.23%	95
2017 Q4	$30.6M	Sell	1,191,780 -42,000	-3%	-$1.09M	0.24%	86
2017 Q3	$29.9M	Sell	1,233,780 -85,000	-6%	-$2.1M	0.24%	84
2017 Q2	$30.7M	Buy	1,318,780 +1,000	+0.1%	+$23.2K	0.23%	85
2017 Q1	$28.9M	Buy	1,317,780 +18,000	+1%	+$371K	0.22%	88
2016 Q4	$23M	Sell	1,299,780 -80,720	-6%	-$1.4M	0.18%	104
2016 Q3	$23.8M	Buy	1,380,500 +92,000	+7%	+$1.54M	0.19%	106
2016 Q2	$20M	Buy	1,288,500 +12,000	+0.9%	+$183K	0.16%	119
2016 Q1	$19.7M	Buy	1,276,500 +379,500	+42%	+$5.13M	0.16%	115
2015 Q4	$13M	Sell	897,000 -40,000	-4%	-$520K	0.1%	167
2015 Q3	$11.7M	Sell	937,000 -58,000	-6%	-$733K	0.09%	174
2015 Q2	$13.2M	Buy	995,000 +5,000	+0.5%	+$65.5K	0.09%	178
2015 Q1	$12.6M	Sell	990,000 -52,000	-5%	-$596K	0.09%	188
2014 Q4	$10.5M	Buy	1,042,000 +10,000	+1%	+$89.3K	0.07%	229
2014 Q3	$8.98M	Buy	1,032,000 +1,000	+0.1%	+$7.81K	0.06%	256
2014 Q2	$7.43M	Buy	+1,031,000	New	+$6.92M	0.05%	293

Other funds holding AVGO

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

State of Michigan Retirement System's AVGO Position: Q1 2026 in Review

State of Michigan Retirement System reduced its Broadcom (AVGO) stake by 8.5% in Q1 2026, selling an estimated $51.9M and leaving 1,689,060 shares worth $523M. The position accounts for 2.76% of the portfolio, ranked #5.

State of Michigan Retirement System first reported a position in AVGO in Q2 2014 and has held it in 48 quarters since. The position peaked at $639M in Q4 2025. 4,664 funds tracked by Wall St. Rank hold AVGO as of Q1 2026.

State of Michigan Retirement System held 1,689,060 shares of Broadcom worth $523M as of Q1 2026.
State of Michigan Retirement System sold 157,800 Broadcom shares in Q1 2026, an estimated $51.9M.
Broadcom made up 2.76% of State of Michigan Retirement System's portfolio in Q1 2026, its #5 holding.
State of Michigan Retirement System first reported a position in Broadcom in Q2 2014 and has held it in 48 quarters since.
State of Michigan Retirement System's Broadcom position peaked at $639M in Q4 2025.
4,664 funds tracked by Wall St. Rank held Broadcom as of Q1 2026.

Based on State of Michigan Retirement System's 13F filing for Q1 2026, filed 4 May 2026.