Broadcom
AVGO
299 hedge funds and large institutions have $8.13B invested in Broadcom in 2013 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 112 increasing their positions, 94 reducing their positions, and 29 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
128% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 29
42% more call options, than puts
Call options by funds: $38.4M | Put options by funds: $27M
19% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 94
15% more capital invested
Capital invested by funds: $7.08B → $8.13B (+$1.04B)
14% more funds holding
Funds holding: 263 → 299 (+36)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$110M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$101M |
| 3 |
Bank of New York Mellon
New York
|
+$47.2M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$40.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$30.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$334M |
| 2 |
Goldman Sachs
New York
|
-$70.7M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$61.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$51.4M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$43.7M |
AVGO Hedge Fund Activity: Q3 2013 in Review
299 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q3 2013, worth a combined $8.13B — up 15% from $7.08B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new AVGO positions and 29 closed out — a net gain of 37 holders — while 112 added to existing stakes and 94 trimmed.
The largest buyer was Westpac Banking Corp, adding an estimated $110M. The largest seller was Jennison Associates, cutting an estimated $334M.
- 299 institutional investors held Broadcom (AVGO) as of Q3 2013, up from 263 in Q2 2013.
- Funds reported $8.13B of Broadcom stock for Q3 2013, up 15% quarter-over-quarter.
- 66 funds opened new Broadcom positions in Q3 2013 and 29 closed out, a net change of +37 holders.
- The largest Broadcom buyer in Q3 2013 was Westpac Banking Corp, an estimated $110M added.
- The largest Broadcom seller in Q3 2013 was Jennison Associates, an estimated $334M sold.
Based on aggregated 13F filings for Q3 2013.