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Broadcom

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.

New
Increased
Maintained
Reduced
Closed

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: 166206 (+40)

13% more capital invested

Capital invested by funds: $189B → $215B (+$25.5B)

3% more funds holding

Funds holding: 2,1422,201 (+59)

27% less call options, than puts

Call options by funds: $4.26B | Put options by funds: $5.8B

Holders
2,201
Holders Change
+59
Holders Change %
+2.75%
% of All Funds
35.07%
Holding in Top 10
206
Holding in Top 10 Change
+40
Holding in Top 10 Change %
+24.1%
% of All Funds
3.28%
New
210
Increased
984
Reduced
792
Closed
102
Calls
$4.26B
Puts
$5.8B
Net Calls
-$1.54B
Net Calls Change
+$38.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$25.8B +$673M +11,184,020 +3%
BlackRock
2
BlackRock
New York
$19.1B +$301M +4,999,450 +2%
Capital International Investors
3
Capital International Investors
California
$17.7B -$1.59B -26,380,690 -9%
Capital World Investors
4
Capital World Investors
California
$17.5B -$1.21B -20,121,000 -7%
Capital Research Global Investors
5
Capital Research Global Investors
California
$13.6B -$379M -6,292,410 -3%
State Street
6
State Street
Massachusetts
$10.7B +$478M +7,948,320 +5%
Bank of America
7
Bank of America
North Carolina
$6.57B +$211M +3,514,580 +4%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$5B +$226M +3,754,180 +5%
Charles Schwab
9
Charles Schwab
California
$3.85B -$280M -4,646,790 -7%
Morgan Stanley
10
Morgan Stanley
New York
$3.7B -$69.7M -1,159,160 -2%
Ameriprise
11
Ameriprise
Minnesota
$3.25B -$44.9M -746,070 -1%
Northern Trust
12
Northern Trust
Illinois
$3.04B -$22.4M -372,550 -0.8%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$2.75B -$13.9M -231,770 -0.5%
N
14
Nuveen
North Carolina
$2.63B -$45.8M -761,160 -2%
Norges Bank
15
Norges Bank
Norway
$2.62B +$61.7M +1,025,240 +3%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$2.58B -$318M -5,285,390 -12%
Invesco
17
Invesco
Georgia
$1.85B +$189M +3,149,280 +12%
Jennison Associates
18
Jennison Associates
New York
$1.7B +$208M +3,449,160 +15%
Legal & General Group
19
Legal & General Group
United Kingdom
$1.65B +$40M +664,170 +3%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$1.57B +$142M +2,352,560 +11%
UBS Group
21
UBS Group
Switzerland
$1.52B +$63.3M +1,052,720 +5%
ClearBridge Investments
22
ClearBridge Investments
New York
$1.41B -$65.6M -1,090,300 -5%
Wells Fargo
23
Wells Fargo
California
$1.32B -$33.2M -552,080 -3%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$1.23B +$58.4M +970,640 +5%
Wellington Management Group
25
Wellington Management Group
Massachusetts
$1.21B +$71.7M +1,191,130 +7%

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.