Broadcom
AVGO
359 hedge funds and large institutions have $12B invested in Broadcom in 2014 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 117 increasing their positions, 139 reducing their positions, and 47 closing their positions.
47% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 47
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
21% more capital invested
Capital invested by funds: $9.9B → $12B (+$2.08B)
5% more funds holding
Funds holding: 341 → 359 (+18)
13% less call options, than puts
Call options by funds: $41.9M | Put options by funds: $48.1M
16% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 139
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
+$179M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$121M |
| 3 |
TP
Third Point
New York
|
+$117M |
| 4 |
SC
Sculptor Capital
New York
|
+$84.7M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$301M |
| 2 |
JP Morgan Chase
New York
|
-$263M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$120M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$61.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$47.4M |
AVGO Hedge Fund Activity: Q1 2014 in Review
359 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q1 2014, worth a combined $12B — up 21% from $9.9B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new AVGO positions and 47 closed out — a net gain of 22 holders — while 117 added to existing stakes and 139 trimmed.
The largest buyer was Coatue Management, opening a new position worth an estimated $179M. The largest seller was T. Rowe Price Associates, cutting an estimated $301M.
- 359 institutional investors held Broadcom (AVGO) as of Q1 2014, up from 341 in Q4 2013.
- Funds reported $12B of Broadcom stock for Q1 2014, up 21% quarter-over-quarter.
- 69 funds opened new Broadcom positions in Q1 2014 and 47 closed out, a net change of +22 holders.
- The largest Broadcom buyer in Q1 2014 was Coatue Management, an estimated $179M added.
- The largest Broadcom seller in Q1 2014 was T. Rowe Price Associates, an estimated $301M sold.
Based on aggregated 13F filings for Q1 2014.