Broadcom
AVGO
2,388 hedge funds and large institutions have $287B invested in Broadcom in 2023 Q2 according to their latest regulatory filings, with 301 funds opening new positions, 808 increasing their positions, 1,058 reducing their positions, and 91 closing their positions.
231% more first-time investments, than exits
New positions opened: 301 | Existing positions closed: 91
34% more capital invested
Capital invested by funds: $215B → $287B (+$72.5B)
32% more funds holding in top 10
Funds holding in top 10: 206 → 272 (+66)
8% more funds holding
Funds holding: 2,201 → 2,388 (+187)
20% less call options, than puts
Call options by funds: $7.45B | Put options by funds: $9.28B
24% less repeat investments, than reductions
Existing positions increased: 808 | Existing positions reduced: 1,058
91.06% less ownership
Funds ownership: 896.17% → 805.12% (-91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.31B |
| 2 |
JP Morgan Chase
New York
|
+$1.2B |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$713M |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$710M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$645M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OIAM
OFI Invest Asset Management
Paris,
France
|
-$24B |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$3.33B |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.27B |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.4B |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.34B |
AVGO Hedge Fund Activity: Q2 2023 in Review
2,388 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q2 2023, worth a combined $287B — up 34% from $215B a quarter earlier.
Buyers outnumbered sellers: 301 funds opened new AVGO positions and 91 closed out — a net gain of 210 holders — while 808 added to existing stakes and 1,058 trimmed.
The largest buyer was BlackRock, adding an estimated $1.31B. The largest seller was OFI Invest Asset Management, cutting an estimated $24B.
- 2,388 institutional investors held Broadcom (AVGO) as of Q2 2023, up from 2,201 in Q1 2023.
- Funds reported $287B of Broadcom stock for Q2 2023, up 34% quarter-over-quarter.
- 301 funds opened new Broadcom positions in Q2 2023 and 91 closed out, a net change of +210 holders.
- The largest Broadcom buyer in Q2 2023 was BlackRock, an estimated $1.31B added.
- The largest Broadcom seller in Q2 2023 was OFI Invest Asset Management, an estimated $24B sold.
Based on aggregated 13F filings for Q2 2023.