Broadcom
AVGO
2,458 hedge funds and large institutions have $277B invested in Broadcom in 2023 Q3 according to their latest regulatory filings, with 196 funds opening new positions, 1,007 increasing their positions, 995 reducing their positions, and 99 closing their positions.
98% more first-time investments, than exits
New positions opened: 196 | Existing positions closed: 99
3% more funds holding
Funds holding: 2,388 → 2,458 (+70)
2.7% more ownership
Funds ownership: 805.12% → 807.81% (+2.7%)
1% more repeat investments, than reductions
Existing positions increased: 1,007 | Existing positions reduced: 995
4% less capital invested
Capital invested by funds: $287B → $277B (-$10.3B)
11% less funds holding in top 10
Funds holding in top 10: 272 → 243 (-29)
23% less call options, than puts
Call options by funds: $7.01B | Put options by funds: $9.09B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.07B |
| 2 |
JP Morgan Chase
New York
|
+$977M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$585M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$579M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$532M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.06B |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.01B |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$652M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$508M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$387M |
AVGO Hedge Fund Activity: Q3 2023 in Review
2,458 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q3 2023, worth a combined $277B — down 3.6% from $287B a quarter earlier.
Buyers outnumbered sellers: 196 funds opened new AVGO positions and 99 closed out — a net gain of 97 holders — while 1,007 added to existing stakes and 995 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $1.07B. The largest seller was T. Rowe Price Associates, cutting an estimated $1.06B.
- 2,458 institutional investors held Broadcom (AVGO) as of Q3 2023, up from 2,388 in Q2 2023.
- Funds reported $277B of Broadcom stock for Q3 2023, down 3.6% quarter-over-quarter.
- 196 funds opened new Broadcom positions in Q3 2023 and 99 closed out, a net change of +97 holders.
- The largest Broadcom buyer in Q3 2023 was Wellington Management Group, an estimated $1.07B added.
- The largest Broadcom seller in Q3 2023 was T. Rowe Price Associates, an estimated $1.06B sold.
Based on aggregated 13F filings for Q3 2023.