Broadcom
AVGO
3,074 hedge funds and large institutions have $469B invested in Broadcom in 2024 Q1 according to their latest regulatory filings, with 336 funds opening new positions, 1,169 increasing their positions, 1,262 reducing their positions, and 105 closing their positions.
220% more first-time investments, than exits
New positions opened: 336 | Existing positions closed: 105
13% more funds holding in top 10
Funds holding in top 10: 404 → 458 (+54)
7% more funds holding
Funds holding: 2,882 → 3,074 (+192)
0.15% more ownership
Funds ownership: 76.44% → 76.59% (+0.15%)
5% less capital inflows, than outflows
Capital inflows: $22.5B | Capital outflows: $23.7B
7% less repeat investments, than reductions
Existing positions increased: 1,169 | Existing positions reduced: 1,262
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 |
Michael & Susan Dell Foundation
New York
|
-$812M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$800M |
AVGO Hedge Fund Activity: Q1 2024 in Review
3,074 of the 6,967 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: 336 funds opened new AVGO positions and 105 closed out — a net gain of 231 holders — while 1,169 added to existing stakes and 1,262 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $1.89B. The largest seller was Capital International Investors, cutting an estimated $2.89B.
- 3,074 institutional investors held Broadcom (AVGO) as of Q1 2024, up from 2,882 in Q4 2023.
- Funds reported $469B of Broadcom stock for Q1 2024, up 18% quarter-over-quarter.
- 336 funds opened new Broadcom positions in Q1 2024 and 105 closed out, a net change of +231 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.