Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
AVGOP was delisted on the 29th of September, 2022.
6 hedge funds and large institutions have $26M invested in Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 15 closing their positions.
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
70% less funds holding
Funds holding: 20 → 6 (-14)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
85% less capital invested
Capital invested by funds: $176M → $26M (-$150M)
93% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$209K |
| 2 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
+$98.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$97.3M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$27M |
| 3 |
P8IP
Pier 88 Investment Partners
San Francisco,
California
|
-$9.18M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$6.74M |
| 5 |
EWM
Endurance Wealth Management
Providence,
Rhode Island
|
-$2.95M |
AVGOP Hedge Fund Activity: Q3 2020 in Review
6 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A (AVGOP) for Q3 2020, worth a combined $26M — down 85% from $176M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of AVGOP and 1 opened new positions — a net loss of 14 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was SignalPoint Asset Management, opening a new position worth an estimated $209K. The largest seller was Calamos Advisors, exiting entirely with an estimated $97.3M sold.
- 6 institutional investors held Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A (AVGOP) as of Q3 2020, down from 20 in Q2 2020.
- Funds reported $26M of Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A stock for Q3 2020, down 85% quarter-over-quarter.
- 1 fund opened new Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A positions in Q3 2020 and 15 closed out, a net change of -14 holders.
- The largest Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A buyer in Q3 2020 was SignalPoint Asset Management, an estimated $209K added.
- The largest Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A seller in Q3 2020 was Calamos Advisors, an estimated $97.3M sold.
Based on aggregated 13F filings for Q3 2020.