Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
AVGOP was delisted on the 29th of September, 2022.
20 hedge funds and large institutions have $176M invested in Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 55 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
73% less funds holding
Funds holding: 73 → 20 (-53)
95% less capital invested
Capital invested by funds: $3.45B → $176M (-$3.28B)
96% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
P8IP
Pier 88 Investment Partners
San Francisco,
California
|
+$3.91M |
| 2 |
RA
Rational Advisors
Huntington,
New York
|
+$1.33M |
| 3 |
LSA
L & S Advisors
Los Angeles,
California
|
+$1.24M |
| 4 |
Nomura Asset Management
Tokyo,
Japan
|
+$1.04M |
| 5 |
HF
HRT Financial
New York
|
+$270K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$698M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$566M |
| 3 |
BlackRock
New York
|
-$282M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$261M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$260M |
AVGOP Hedge Fund Activity: Q2 2020 in Review
20 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A (AVGOP) for Q2 2020, worth a combined $176M — down 95% from $3.45B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of AVGOP and 2 opened new positions — a net loss of 53 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was Pier 88 Investment Partners, adding an estimated $3.91M. The largest seller was Capital World Investors, exiting entirely with an estimated $698M sold.
- 20 institutional investors held Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A (AVGOP) as of Q2 2020, down from 73 in Q1 2020.
- Funds reported $176M of Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A stock for Q2 2020, down 95% quarter-over-quarter.
- 2 funds opened new Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A positions in Q2 2020 and 55 closed out, a net change of -53 holders.
- The largest Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A buyer in Q2 2020 was Pier 88 Investment Partners, an estimated $3.91M added.
- The largest Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A seller in Q2 2020 was Capital World Investors, an estimated $698M sold.
Based on aggregated 13F filings for Q2 2020.