Broadcom
AVGO
2,201 hedge funds and large institutions have $215B invested in Broadcom in 2023 Q1 according to their latest regulatory filings, with 210 funds opening new positions, 984 increasing their positions, 792 reducing their positions, and 102 closing their positions.
106% more first-time investments, than exits
New positions opened: 210 | Existing positions closed: 102
85.96% more ownership
Funds ownership: 810.21% → 896.17% (+86%)
24% more repeat investments, than reductions
Existing positions increased: 984 | Existing positions reduced: 792
24% more funds holding in top 10
Funds holding in top 10: 166 → 206 (+40)
13% more capital invested
Capital invested by funds: $189B → $215B (+$25.5B)
3% more funds holding
Funds holding: 2,142 → 2,201 (+59)
27% less call options, than puts
Call options by funds: $4.26B | Put options by funds: $5.8B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.77B |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$673M |
| 3 |
State Street
Boston,
Massachusetts
|
+$478M |
| 4 |
BlackRock
New York
|
+$301M |
| 5 |
JP Morgan Chase
New York
|
+$249M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$1.59B |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$1.21B |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$986M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$379M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$322M |
AVGO Hedge Fund Activity: Q1 2023 in Review
2,201 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q1 2023, worth a combined $215B — up 13% from $189B a quarter earlier.
Buyers outnumbered sellers: 210 funds opened new AVGO positions and 102 closed out — a net gain of 108 holders — while 984 added to existing stakes and 792 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $2.77B. The largest seller was Capital International Investors, cutting an estimated $1.59B.
- 2,201 institutional investors held Broadcom (AVGO) as of Q1 2023, up from 2,142 in Q4 2022.
- Funds reported $215B of Broadcom stock for Q1 2023, up 13% quarter-over-quarter.
- 210 funds opened new Broadcom positions in Q1 2023 and 102 closed out, a net change of +108 holders.
- The largest Broadcom buyer in Q1 2023 was Envestnet Asset Management, an estimated $2.77B added.
- The largest Broadcom seller in Q1 2023 was Capital International Investors, an estimated $1.59B sold.
Based on aggregated 13F filings for Q1 2023.