Broadcom
AVGO
3,073 hedge funds and large institutions have $469B invested in Broadcom in 2024 Q1 according to their latest regulatory filings, with 337 funds opening new positions, 1,169 increasing their positions, 1,260 reducing their positions, and 104 closing their positions.
224% more first-time investments, than exits
New positions opened: 337 | Existing positions closed: 104
18% more capital invested
Capital invested by funds: $399B → $469B (+$70.4B)
13% more funds holding in top 10
Funds holding in top 10: 404 → 458 (+54)
7% more funds holding
Funds holding: 2,879 → 3,073 (+194)
0.16% more ownership
Funds ownership: 76.44% → 76.59% (+0.16%)
7% less repeat investments, than reductions
Existing positions increased: 1,169 | Existing positions reduced: 1,260
8% less call options, than puts
Call options by funds: $14.3B | Put options by funds: $15.6B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.89B |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.61B |
| 3 |
Jennison Associates
New York
|
+$1.57B |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$1.22B |
| 5 |
Franklin Resources
San Mateo,
California
|
+$870M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$2.89B |
| 2 |
Charles Schwab
San Francisco,
California
|
-$2.76B |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$2.41B |
| 4 |
MSDF
Michael & Susan Dell Foundation
New York
|
-$812M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$800M |
AVGO Hedge Fund Activity: Q1 2024 in Review
3,073 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q1 2024, worth a combined $469B — up 18% from $399B a quarter earlier.
Buyers outnumbered sellers: 337 funds opened new AVGO positions and 104 closed out — a net gain of 233 holders — while 1,169 added to existing stakes and 1,260 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $1.89B. The largest seller was Capital International Investors, cutting an estimated $2.89B.
- 3,073 institutional investors held Broadcom (AVGO) as of Q1 2024, up from 2,879 in Q4 2023.
- Funds reported $469B of Broadcom stock for Q1 2024, up 18% quarter-over-quarter.
- 337 funds opened new Broadcom positions in Q1 2024 and 104 closed out, a net change of +233 holders.
- The largest Broadcom buyer in Q1 2024 was Fidelity Investments, an estimated $1.89B added.
- The largest Broadcom seller in Q1 2024 was Capital International Investors, an estimated $2.89B sold.
Based on aggregated 13F filings for Q1 2024.