Broadcom
AVGO
341 hedge funds and large institutions have $9.9B invested in Broadcom in 2013 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 102 increasing their positions, 129 reducing their positions, and 38 closing their positions.
118% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 38
52% more call options, than puts
Call options by funds: $47.4M | Put options by funds: $31.2M
22% more capital invested
Capital invested by funds: $8.13B → $9.9B (+$1.78B)
14% more funds holding
Funds holding: 299 → 341 (+42)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
21% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 129
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
+$273M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$154M |
| 3 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$131M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
+$109M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$66.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$342M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$181M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$90.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$61.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$51.6M |
AVGO Hedge Fund Activity: Q4 2013 in Review
341 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q4 2013, worth a combined $9.9B — up 22% from $8.13B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new AVGO positions and 38 closed out — a net gain of 45 holders — while 102 added to existing stakes and 129 trimmed.
The largest buyer was Prudential plc, adding an estimated $273M. The largest seller was JP Morgan Chase, cutting an estimated $342M.
- 341 institutional investors held Broadcom (AVGO) as of Q4 2013, up from 299 in Q3 2013.
- Funds reported $9.9B of Broadcom stock for Q4 2013, up 22% quarter-over-quarter.
- 83 funds opened new Broadcom positions in Q4 2013 and 38 closed out, a net change of +45 holders.
- The largest Broadcom buyer in Q4 2013 was Prudential plc, an estimated $273M added.
- The largest Broadcom seller in Q4 2013 was JP Morgan Chase, an estimated $342M sold.
Based on aggregated 13F filings for Q4 2013.