Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
AVGOP was delisted on the 29th of September, 2022.
101 hedge funds and large institutions have $6.88B invested in Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A in 2021 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 1 closing their positions.
26,903% more capital invested
Capital invested by funds: $25.5M → $6.88B (+$6.86B)
9,600% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 1
1,920% more funds holding
Funds holding: 5 → 101 (+96)
600% more funds holding in top 10
Funds holding in top 10: 1 → 7 (+6)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$1.23B |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$707M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$670M |
| 4 |
BlackRock
New York
|
+$592M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$266M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$11.1M |
| 2 |
LSA
L & S Advisors
Los Angeles,
California
|
-$2.27M |
| 3 |
VWM
Valley Wealth Managers
Paramus,
New Jersey
|
-$158K |
| 4 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
-$61.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Fifth Third Bancorp
Cincinnati,
Ohio
| $25K | +$21K | +12 | New |
|
102
Rockefeller Capital Management
New York
| $18K | +$15.8K | +9 | New |
|
103
National Bank of Canada
Montreal,
Quebec, Canada
| $2K | +$1.75K | +1 | New |
|
|
LSA
104
L & S Advisors
Los Angeles,
California
| – | -$2.27M | -1,479 | Closed |
|
AVGOP Hedge Fund Activity: Q4 2021 in Review
101 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A (AVGOP) for Q4 2021, worth a combined $6.88B — up 26,903% from $25.5M a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new AVGOP positions and 1 closed out — a net gain of 96 holders — while 0 added to existing stakes and 3 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $1.23B. The largest seller was Oxbow Advisors, cutting an estimated $11.1M.
- 101 institutional investors held Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A (AVGOP) as of Q4 2021, up from 5 in Q3 2021.
- Funds reported $6.88B of Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A stock for Q4 2021, up 26,903% quarter-over-quarter.
- 97 funds opened new Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A positions in Q4 2021 and 1 closed out, a net change of +96 holders.
- The largest Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A buyer in Q4 2021 was Capital World Investors, an estimated $1.23B added.
- The largest Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A seller in Q4 2021 was Oxbow Advisors, an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2021.