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Broadcom

2,874 hedge funds and large institutions have $406B invested in Broadcom in 2023 Q4 according to their latest regulatory filings, with 552 funds opening new positions, 1,157 increasing their positions, 953 reducing their positions, and 99 closing their positions.

New
Increased
Maintained
Reduced
Closed

458% more first-time investments, than exits

New positions opened: 552 | Existing positions closed: 99

66% more funds holding in top 10

Funds holding in top 10: 243403 (+160)

46% more capital invested

Capital invested by funds: $277B → $406B (+$129B)

21% more repeat investments, than reductions

Existing positions increased: 1,157 | Existing positions reduced: 953

17% more funds holding

Funds holding: 2,4582,874 (+416)

30.3% less ownership

Funds ownership: 807.81%777.52% (-30%)

32% less call options, than puts

Call options by funds: $9.82B | Put options by funds: $14.5B

Holders
2,874
Holders Change
+416
Holders Change %
+16.92%
% of All Funds
41.9%
Holding in Top 10
403
Holding in Top 10 Change
+160
Holding in Top 10 Change %
+65.84%
% of All Funds
5.87%
New
552
Increased
1,157
Reduced
953
Closed
99
Calls
$9.82B
Puts
$14.5B
Net Calls
-$4.66B
Net Calls Change
-$2.58B
Name Holding Trade Value Shares
Change
Change in
Stake
DZ Bank
126
DZ Bank
Germany
$282M -$662M -6,989,980 -73%
State of New Jersey Common Pension Fund D
127
State of New Jersey Common Pension Fund D
New Jersey
$282M +$17.1M +181,090 +8%
IG
128
ING Group
Netherlands
$275M +$126M +1,326,770 +116%
Chevy Chase Trust
129
Chevy Chase Trust
Maryland
$275M +$12.5M +132,270 +6%
State of Wisconsin Investment Board
130
State of Wisconsin Investment Board
Wisconsin
$271M +$21.3M +224,740 +10%
Rockefeller Capital Management
131
Rockefeller Capital Management
New York
$270M +$3.64M +38,400 +2%
1832 Asset Management
132
1832 Asset Management
Ontario, Canada
$268M +$179M +1,889,760 +371%
Axa
133
Axa
France
$265M -$24.5M -259,190 -10%
Retirement Systems of Alabama
134
Retirement Systems of Alabama
Alabama
$265M +$3.24M +34,250 +1%
LAM
135
Lyrical Asset Management
New York
$258M -$43M -454,640 -16%
Zurich Cantonal Bank
136
Zurich Cantonal Bank
Switzerland
$256M +$113M +1,195,970 +109%
Ohio Public Employees Retirement System (OPERS)
137
Ohio Public Employees Retirement System (OPERS)
Ohio
$253M +$13.4M +141,210 +7%
SEI Investments
138
SEI Investments
Pennsylvania
$251M +$12.3M +129,590 +6%
Public Sector Pension Investment Board (PSP Investments)
139
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$246M +$77M +813,170 +58%
CI
140
Cincinnati Insurance
Ohio
$246M
HL
141
Harding Loevner
New Jersey
$246M -$3.88M -41,020 -2%
M&T Bank
142
M&T Bank
New York
$245M -$11.9M -125,550 -5%
Asset Management One
143
Asset Management One
Japan
$245M +$20.1M +212,160 +11%
KeyBank National Association
144
KeyBank National Association
Ohio
$237M -$3.31M -34,990 -2%
MSV
145
MN Services Vermogensbeheer
Netherlands
$237M +$8.81M +93,000 +5%
AT
146
AMF Tjänstepension
Sweden
$233M +$68.6M +724,650 +53%
First Manhattan
147
First Manhattan
New York
$233M +$79.8M +842,580 +68%
GC
148
Guggenheim Capital
Illinois
$229M +$18.8M +198,060 +11%
HCM
149
Hamlin Capital Management
New York
$228M -$1.98M -20,880 -1%
D.E. Shaw & Co
150
D.E. Shaw & Co
New York
$224M +$29.3M +309,380 +18%

AVGO Hedge Fund Activity: Q4 2023 in Review

2,874 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q4 2023, worth a combined $406B — up 46% from $277B a quarter earlier.

Buyers outnumbered sellers: 552 funds opened new AVGO positions and 99 closed out — a net gain of 453 holders — while 1,157 added to existing stakes and 953 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $6.49B. The largest seller was Ameriprise, cutting an estimated $991M.

  • 2,874 institutional investors held Broadcom (AVGO) as of Q4 2023, up from 2,458 in Q3 2023.
  • Funds reported $406B of Broadcom stock for Q4 2023, up 46% quarter-over-quarter.
  • 552 funds opened new Broadcom positions in Q4 2023 and 99 closed out, a net change of +453 holders.
  • The largest Broadcom buyer in Q4 2023 was Morgan Stanley, an estimated $6.49B added.
  • The largest Broadcom seller in Q4 2023 was Ameriprise, an estimated $991M sold.

Based on aggregated 13F filings for Q4 2023.