Broadcom
AVGO
3,282 hedge funds and large institutions have $564B invested in Broadcom in 2024 Q2 according to their latest regulatory filings, with 342 funds opening new positions, 1,443 increasing their positions, 1,199 reducing their positions, and 94 closing their positions.
264% more first-time investments, than exits
New positions opened: 342 | Existing positions closed: 94
23% more funds holding in top 10
Funds holding in top 10: 458 → 565 (+107)
20% more repeat investments, than reductions
Existing positions increased: 1,443 | Existing positions reduced: 1,199
7% more funds holding
Funds holding: 3,074 → 3,282 (+208)
7% less call options, than puts
Call options by funds: $19.3B | Put options by funds: $20.7B
1.09% less ownership
Funds ownership: 76.59% → 75.5% (-1.1%)
10% less capital inflows, than outflows
Capital inflows: $29.8B | Capital outflows: $33.2B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.16B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.49B |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.38B |
| 4 |
Goldman Sachs
New York
|
+$1.34B |
| 5 |
JP Morgan Chase
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
3,282 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Broadcom (AVGO) for Q2 2024, worth a combined $564B — up 20% from $469B a quarter earlier.
Buyers outnumbered sellers: 342 funds opened new AVGO positions and 94 closed out — a net gain of 248 holders — while 1,443 added to existing stakes and 1,199 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $2.16B. The largest seller was Capital Research Global Investors, cutting an estimated $8.99B.
- 3,282 institutional investors held Broadcom (AVGO) as of Q2 2024, up from 3,074 in Q1 2024.
- Funds reported $564B of Broadcom stock for Q2 2024, up 20% quarter-over-quarter.
- 342 funds opened new Broadcom positions in Q2 2024 and 94 closed out, a net change of +248 holders.
- The largest Broadcom buyer in Q2 2024 was Fidelity Investments, an estimated $2.16B 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.