Broadcom
AVGO
3,271 hedge funds and large institutions have $562B invested in Broadcom in 2024 Q2 according to their latest regulatory filings, with 340 funds opening new positions, 1,466 increasing their positions, 1,170 reducing their positions, and 95 closing their positions.
258% more first-time investments, than exits
New positions opened: 340 | Existing positions closed: 95
25% more repeat investments, than reductions
Existing positions increased: 1,466 | Existing positions reduced: 1,170
23% more funds holding in top 10
Funds holding in top 10: 456 → 559 (+103)
20% more capital invested
Capital invested by funds: $466B → $562B (+$95.2B)
9.93% more ownership
Funds ownership: 761.35% → 771.27% (+9.9%)
7% more funds holding
Funds holding: 3,066 → 3,271 (+205)
6% less call options, than puts
Call options by funds: $19.1B | Put options by funds: $20.4B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$6.9B |
| 2 |
Swedbank
Stockholm,
Sweden
|
+$2.69B |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.16B |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.49B |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.38B |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$8.99B |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$4.95B |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$2.75B |
| 4 |
BlackRock
New York
|
-$991M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$957M |
AVGO Hedge Fund Activity: Q2 2024 in Review
3,271 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q2 2024, worth a combined $562B — up 20% from $466B a quarter earlier.
Buyers outnumbered sellers: 340 funds opened new AVGO positions and 95 closed out — a net gain of 245 holders — while 1,466 added to existing stakes and 1,170 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $6.9B. The largest seller was Capital Research Global Investors, cutting an estimated $8.99B.
- 3,271 institutional investors held Broadcom (AVGO) as of Q2 2024, up from 3,066 in Q1 2024.
- Funds reported $562B of Broadcom stock for Q2 2024, up 20% quarter-over-quarter.
- 340 funds opened new Broadcom positions in Q2 2024 and 95 closed out, a net change of +245 holders.
- The largest Broadcom buyer in Q2 2024 was Bank of Nova Scotia, an estimated $6.9B added.
- The largest Broadcom seller in Q2 2024 was Capital Research Global Investors, an estimated $8.99B sold.
Based on aggregated 13F filings for Q2 2024.