Broadcom
AVGO
2,390 hedge funds and large institutions have $287B invested in Broadcom in 2023 Q2 according to their latest regulatory filings, with 302 funds opening new positions, 807 increasing their positions, 1,060 reducing their positions, and 91 closing their positions.
232% more first-time investments, than exits
New positions opened: 302 | Existing positions closed: 91
32% more funds holding in top 10
Funds holding in top 10: 206 → 272 (+66)
9% more funds holding
Funds holding: 2,202 → 2,390 (+188)
1.03% less ownership
Funds ownership: 81.47% → 80.44% (-1%)
20% less call options, than puts
Call options by funds: $7.45B | Put options by funds: $9.28B
24% less repeat investments, than reductions
Existing positions increased: 807 | Existing positions reduced: 1,060
28% less capital inflows, than outflows
Capital inflows: $13.2B | Capital outflows: $18.3B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.31B |
| 2 |
JP Morgan Chase
New York
|
+$1.2B |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$713M |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$710M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$645M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$3.33B |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.27B |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.4B |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.34B |
| 5 |
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$536M |
AVGO Hedge Fund Activity: Q2 2023 in Review
2,390 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q2 2023, worth a combined $287B — up 34% from $215B a quarter earlier.
Buyers outnumbered sellers: 302 funds opened new AVGO positions and 91 closed out — a net gain of 211 holders — while 807 added to existing stakes and 1,060 trimmed.
The largest buyer was BlackRock, adding an estimated $1.31B. The largest seller was Capital International Investors, cutting an estimated $3.33B.
- 2,390 institutional investors held Broadcom (AVGO) as of Q2 2023, up from 2,202 in Q1 2023.
- Funds reported $287B of Broadcom stock for Q2 2023, up 34% quarter-over-quarter.
- 302 funds opened new Broadcom positions in Q2 2023 and 91 closed out, a net change of +211 holders.
- The largest Broadcom buyer in Q2 2023 was BlackRock, an estimated $1.31B added.
- The largest Broadcom seller in Q2 2023 was Capital International Investors, an estimated $3.33B sold.
Based on aggregated 13F filings for Q2 2023.