Broadcom
AVGO
3,066 hedge funds and large institutions have $466B invested in Broadcom in 2024 Q1 according to their latest regulatory filings, with 337 funds opening new positions, 1,167 increasing their positions, 1,255 reducing their positions, and 106 closing their positions.
218% more first-time investments, than exits
New positions opened: 337 | Existing positions closed: 106
15% more capital invested
Capital invested by funds: $406B → $466B (+$60.6B)
13% more funds holding in top 10
Funds holding in top 10: 403 → 456 (+53)
7% more funds holding
Funds holding: 2,874 → 3,066 (+192)
7% less repeat investments, than reductions
Existing positions increased: 1,167 | Existing positions reduced: 1,255
8% less call options, than puts
Call options by funds: $14.3B | Put options by funds: $15.6B
16.17% less ownership
Funds ownership: 777.52% → 761.35% (-16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.89B |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.61B |
| 3 |
Jennison Associates
New York
|
+$1.57B |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$1.22B |
| 5 |
Franklin Resources
San Mateo,
California
|
+$870M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.96B |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$2.89B |
| 3 |
Charles Schwab
San Francisco,
California
|
-$2.76B |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$2.71B |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$2.41B |
AVGO Hedge Fund Activity: Q1 2024 in Review
3,066 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q1 2024, worth a combined $466B — up 15% from $406B a quarter earlier.
Buyers outnumbered sellers: 337 funds opened new AVGO positions and 106 closed out — a net gain of 231 holders — while 1,167 added to existing stakes and 1,255 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $1.89B. The largest seller was Morgan Stanley, cutting an estimated $7.96B.
- 3,066 institutional investors held Broadcom (AVGO) as of Q1 2024, up from 2,874 in Q4 2023.
- Funds reported $466B of Broadcom stock for Q1 2024, up 15% quarter-over-quarter.
- 337 funds opened new Broadcom positions in Q1 2024 and 106 closed out, a net change of +231 holders.
- The largest Broadcom buyer in Q1 2024 was Fidelity Investments, an estimated $1.89B added.
- The largest Broadcom seller in Q1 2024 was Morgan Stanley, an estimated $7.96B sold.
Based on aggregated 13F filings for Q1 2024.