Broadcom
AVGO
434 hedge funds and large institutions have $16B invested in Broadcom in 2014 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 158 increasing their positions, 172 reducing their positions, and 39 closing their positions.
62% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 39
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
16% more capital invested
Capital invested by funds: $13.9B → $16B (+$2.16B)
5% more funds holding
Funds holding: 413 → 434 (+21)
8% less repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 172
69% less call options, than puts
Call options by funds: $37.7M | Put options by funds: $120M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$123M |
| 2 |
FAM
Fred Alger Management
New York
|
+$120M |
| 3 |
CAM
Contour Asset Management
New York
|
+$68.4M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$67.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$63.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$182M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$168M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$153M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$147M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$78.2M |
AVGO Hedge Fund Activity: Q3 2014 in Review
434 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q3 2014, worth a combined $16B — up 16% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new AVGO positions and 39 closed out — a net gain of 24 holders — while 158 added to existing stakes and 172 trimmed.
The largest buyer was Vanguard Group, adding an estimated $123M. The largest seller was T. Rowe Price Associates, cutting an estimated $182M.
- 434 institutional investors held Broadcom (AVGO) as of Q3 2014, up from 413 in Q2 2014.
- Funds reported $16B of Broadcom stock for Q3 2014, up 16% quarter-over-quarter.
- 63 funds opened new Broadcom positions in Q3 2014 and 39 closed out, a net change of +24 holders.
- The largest Broadcom buyer in Q3 2014 was Vanguard Group, an estimated $123M added.
- The largest Broadcom seller in Q3 2014 was T. Rowe Price Associates, an estimated $182M sold.
Based on aggregated 13F filings for Q3 2014.