Broadcom
AVGO
3,279 hedge funds and large institutions have $561B invested in Broadcom in 2024 Q2 according to their latest regulatory filings, with 340 funds opening new positions, 1,467 increasing their positions, 1,177 reducing their positions, and 94 closing their positions.
262% more first-time investments, than exits
New positions opened: 340 | Existing positions closed: 94
25% more repeat investments, than reductions
Existing positions increased: 1,467 | Existing positions reduced: 1,177
22% more funds holding in top 10
Funds holding in top 10: 458 → 560 (+102)
20% more capital invested
Capital invested by funds: $469B → $561B (+$91.9B)
7% more funds holding
Funds holding: 3,073 → 3,279 (+206)
0.48% more ownership
Funds ownership: 76.59% → 77.07% (+0.48%)
6% less call options, than puts
Call options by funds: $19.1B | Put options by funds: $20.4B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$6.9B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.16B |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.49B |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.38B |
| 5 |
Goldman Sachs
New York
|
+$1.34B |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$8.99B |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$4.95B |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$2.75B |
| 4 |
BlackRock
New York
|
-$991M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$957M |
AVGO Hedge Fund Activity: Q2 2024 in Review
3,279 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q2 2024, worth a combined $561B — up 20% from $469B a quarter earlier.
Buyers outnumbered sellers: 340 funds opened new AVGO positions and 94 closed out — a net gain of 246 holders — while 1,467 added to existing stakes and 1,177 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $6.9B. The largest seller was Capital Research Global Investors, cutting an estimated $8.99B.
- 3,279 institutional investors held Broadcom (AVGO) as of Q2 2024, up from 3,073 in Q1 2024.
- Funds reported $561B of Broadcom stock for Q2 2024, up 20% quarter-over-quarter.
- 340 funds opened new Broadcom positions in Q2 2024 and 94 closed out, a net change of +246 holders.
- The largest Broadcom buyer in Q2 2024 was Bank of Nova Scotia, an estimated $6.9B added.
- The largest Broadcom seller in Q2 2024 was Capital Research Global Investors, an estimated $8.99B sold.
Based on aggregated 13F filings for Q2 2024.