Broadcom
AVGO
2,202 hedge funds and large institutions have $215B invested in Broadcom in 2023 Q1 according to their latest regulatory filings, with 211 funds opening new positions, 981 increasing their positions, 795 reducing their positions, and 102 closing their positions.
107% more first-time investments, than exits
New positions opened: 211 | Existing positions closed: 102
26% more capital inflows, than outflows
Capital inflows: $10.2B | Capital outflows: $8.08B
23% more repeat investments, than reductions
Existing positions increased: 981 | Existing positions reduced: 795
23% more funds holding in top 10
Funds holding in top 10: 167 → 206 (+39)
3% more funds holding
Funds holding: 2,143 → 2,202 (+59)
0.89% more ownership
Funds ownership: 80.58% → 81.47% (+0.89%)
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
2,202 of the 6,290 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q1 2023, worth a combined $215B — up 14% from $188B a quarter earlier.
Buyers outnumbered sellers: 211 funds opened new AVGO positions and 102 closed out — a net gain of 109 holders — while 981 added to existing stakes and 795 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.
- 2,202 institutional investors held Broadcom (AVGO) as of Q1 2023, up from 2,143 in Q4 2022.
- Funds reported $215B of Broadcom stock for Q1 2023, up 14% quarter-over-quarter.
- 211 funds opened new Broadcom positions in Q1 2023 and 102 closed out, a net change of +109 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.