Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
AVGOP was delisted on the 29th of September, 2022.
99 hedge funds and large institutions have $6.53B invested in Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 45 reducing their positions, and 14 closing their positions.
2% less funds holding
Funds holding: 101 → 99 (-2)
5% less capital invested
Capital invested by funds: $6.88B → $6.53B (-$355M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
49% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$98.7M |
| 2 |
Two Sigma Investments
New York
|
+$70.1M |
| 3 |
SM
Skaana Management
Brooklyn,
New York
|
+$25.1M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$20.3M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$68.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$45.2M |
| 3 |
BlackRock
New York
|
-$39.2M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$30.9M |
| 5 |
P8IP
Pier 88 Investment Partners
San Francisco,
California
|
-$26M |
AVGOP Hedge Fund Activity: Q1 2022 in Review
99 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A (AVGOP) for Q1 2022, worth a combined $6.53B — down 5.2% from $6.88B a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of AVGOP and 12 opened new positions — a net loss of 2 holders — while 45 trimmed existing stakes and 23 added.
The largest buyer was Weiss Asset Management, adding an estimated $98.7M. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $68.4M sold.
- 99 institutional investors held Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A (AVGOP) as of Q1 2022, down from 101 in Q4 2021.
- Funds reported $6.53B of Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A stock for Q1 2022, down 5.2% quarter-over-quarter.
- 12 funds opened new Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A positions in Q1 2022 and 14 closed out, a net change of -2 holders.
- The largest Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A buyer in Q1 2022 was Weiss Asset Management, an estimated $98.7M added.
- The largest Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A seller in Q1 2022 was Shaolin Capital Management, an estimated $68.4M sold.
Based on aggregated 13F filings for Q1 2022.