BROADCOM INC AVGO
COM · Common Stock · CUSIP 11135F101 · ISIN US11135F1012
American semiconductor company
- SectorTechnology
- IndustrySemiconductors & Related Devices
- HeadquartersPalo Alto, CA
- Founded1961
- Websitebroadcom.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.8bn this quarter). Holder counts are more reliable. Shares outstanding: 465.5m as of 2024-05-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $1563.88. Options: 92 managers hold calls ($19.2bn notional), 80 hold puts ($21.0bn).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,008 |
| Q4 2022 | 2,139 |
| Q1 2023 | 2,201 |
| Q2 2023 | 2,384 |
| Q3 2023 | 2,458 |
| Q4 2023 | 2,870 |
| Q1 2024 | 3,060 |
| Q2 2024 | 3,269 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 1,101 | 829 |
| Q1 2023 | 1,158 | 896 |
| Q2 2023 | 1,071 | 1,154 |
| Q3 2023 | 1,165 | 1,096 |
| Q4 2023 | 1,491 | 1,055 |
| Q1 2024 | 1,445 | 1,359 |
| Q2 2024 | 1,754 | 1,267 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $7.0bn | $9.1bn | 1.30 |
| Q4 2023 | $9.9bn | $14.7bn | 1.48 |
| Q1 2024 | $14.4bn | $15.7bn | 1.10 |
| Q2 2024 | $19.2bn | $21.0bn | 1.09 |
Biggest buyers
| BANK OF NOVA SCOTIA | Added | +4.9m |
| JPMORGAN CHASE & CO | Added | +1.9m |
| FMR LLC | Added | +1.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +988.2k |
| GOLDMAN SACHS GROUP INC | Added | +958.9k |
| T. Rowe Price Investment Management, Inc. | New | +559.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +522.2k |
| JANUS HENDERSON GROUP PLC | Added | +488.4k |
| NATIONAL BANK OF CANADA /FI/ | Added | +440.5k |
Biggest sellers
| MORGAN STANLEY | Reduced | -11.9m |
| Capital Research Global Investors | Reduced | -6.4m |
| Capital World Investors | Reduced | -3.5m |
| Capital International Investors | Reduced | -2.0m |
| BlackRock Inc. | Reduced | -707.4k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -683.2k |
| STATE STREET CORP | Reduced | -608.7k |
| CAPTRUST FINANCIAL ADVISORS | Reduced | -397.3k |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -321.0k |
| JENNISON ASSOCIATES LLC | Reduced | -321.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.3bn3.3m shares |
| CITADEL ADVISORS LLC | Reduced | $2.3bn1.4m shares |
| IMC-Chicago, LLC | Added | $2.2bn1.4m shares |
| JANE STREET GROUP, LLC | Added | $1.8bn1.1m shares |
| PEAK6 Investments LLC | Added | $1.0bn646.9k shares |
| WOLVERINE TRADING, LLC | Added | $934.3m581.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $864.6m538.5k shares |
| Optiver Holding B.V. | Reduced | $579.9m361.2k shares |
| CTC LLC | Reduced | $529.7m3.3k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $435.3m271.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.6bn2.9m shares |
| JANE STREET GROUP, LLC | Added | $3.4bn2.1m shares |
| CITADEL ADVISORS LLC | Reduced | $2.3bn1.4m shares |
| IMC-Chicago, LLC | Added | $2.1bn1.3m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $790.7m492.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $729.6m454.4k shares |
| WOLVERINE TRADING, LLC | Added | $663.7m413.4k shares |
| CTC LLC | Reduced | $588.7m3.7k shares |
| Twin Tree Management, LP | Reduced | $575.1m358.2k shares |
| LM Advisors LLC | New | $451.6m0 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 3 | $886.4k | — |
| Q1 2023 | 0 | — | 5 | $25.8m | — |
| Q2 2023 | 0 | — | 2 | $6.1m | — |
| Q3 2023 | 2 | $10.5m | 1 | $1.3m | — |
| Q4 2023 | 0 | — | 6 | $54.9m | — |
| Q1 2024 | 0 | — | 5 | $32.8m | — |
| Q2 2024 | 0 | — | 5 | $19.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-20 | PAGE JUSTINE Director | Sold | $444.6k254 shares |
| 2024-06-17 | Kawwas Charlie B President, Semi Solutions Grp · By Trust | Sold | $4.6m2.5k shares |
| 2024-06-17 | PAGE JUSTINE Director | Sold | $561.6k312 shares |
| 2024-04-10 | Brazeal Mark David Chief Legal & Corp Affairs Ofc | Sold | $3.3m2.5k shares |
| 2024-04-10 | PAGE JUSTINE Director | Sold | $145.5k110 shares |
| 2024-04-05 | Spears Kirsten M. CFO & Chief Accounting Officer | Sold | $4.0m3.0k shares |
| 2024-04-03 | Brazeal Mark David Chief Legal & Corp Affairs Ofc | Sold | $3.4m2.5k shares |
| 2024-04-02 | TAN HOCK E President and CEO, director | Sold | $2.6m2.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 1.38% of their portfolio | 44.8m $72.0bn | Added +169.5k |
| BlackRock Inc. 1.24% of their portfolio | 34.2m $54.9bn | Reduced -707.4k |
| Capital World Investors 5.87% of their portfolio | 22.4m $36.0bn | Reduced -3.5m |
| Capital International Investors 6.29% of their portfolio | 19.0m $30.6bn | Reduced -2.0m |
| STATE STREET CORP 1.23% of their portfolio | 17.6m $28.2bn | Reduced -608.7k |
| JPMORGAN CHASE & CO 1.02% of their portfolio | 14.7m $23.7bn | Added +1.9m |
| Capital Research Global Investors 3.88% of their portfolio | 11.0m $17.7bn | Reduced -6.4m |
| GEODE CAPITAL MANAGEMENT, LLC 1.29% of their portfolio | 9.2m $14.8bn | Reduced -311.7k |
| FMR LLC 0.76% of their portfolio | 7.4m $11.9bn | Added +1.5m |
| MORGAN STANLEY 0.89% of their portfolio | 7.2m $11.5bn | Reduced -11.9m |
| BANK OF AMERICA CORP /DE/ 1.09% of their portfolio | 7.1m $11.4bn | Reduced -95.1k |
| NORGES BANK 1.39% of their portfolio | 5.8m $9.3bn | Added +360.6k |
| BANK OF NOVA SCOTIA 1.71% of their portfolio | 5.4m $870.4m | Added +4.9m |
| NORTHERN TRUST CORP 1.18% of their portfolio | 4.4m $7.0bn | Reduced -237.7k |
| Nuveen Asset Management, LLC 1.88% of their portfolio | 4.0m $6.4bn | Reduced -114.7k |
| Invesco Ltd. 1.32% of their portfolio | 3.9m $6.2bn | Added +10.1k |
| JENNISON ASSOCIATES LLC 3.93% of their portfolio | 3.8m $6.1bn | Reduced -321.0k |
| WELLINGTON MANAGEMENT GROUP LLP 1.08% of their portfolio | 3.8m $6.1bn | Added +988.2k |
| Bank of New York Mellon Corp 1.15% of their portfolio | 3.8m $6.0bn | Reduced -174.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.68% of their portfolio | 3.6m $5.7bn | Added +1.1m |
| GQG Partners LLC 7.87% of their portfolio | 3.2m $5.2bn | Added +242.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 1.45% of their portfolio | 3.1m $5.0bn | Added +522.2k |
| Legal & General Group Plc 1.42% of their portfolio | 3.1m $5.0bn | Reduced -10.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.92% of their portfolio | 3.0m $4.8bn | Reduced -12.4k |
| GOLDMAN SACHS GROUP INC 0.89% of their portfolio | 2.8m $4.6bn | Added +958.9k |
| AMERIPRISE FINANCIAL INC 1.21% of their portfolio | 2.8m $4.5bn | Reduced -240.9k |
| UBS Group AG 1.34% of their portfolio | 2.7m $4.4bn | Added +118.2k |
| Fisher Asset Management, LLC 1.57% of their portfolio | 2.3m $3.6bn | Added +86.5k |
| WELLS FARGO & COMPANY/MN 0.80% of their portfolio | 1.9m $3.1bn | Added +152.1k |
| Swedbank AB 4.11% of their portfolio | 1.9m $3.1bn | Reduced -223.4k |
| BARCLAYS PLC 1.40% of their portfolio | 1.9m $3.0bn | Reduced -285.4k |
| ALLIANCEBERNSTEIN L.P. 1.04% of their portfolio | 1.9m $3.0bn | Reduced -71.3k |
| BANK OF MONTREAL /CAN/ 0.88% of their portfolio | 1.8m $2.9bn | Added +20.8k |
| FRANKLIN RESOURCES INC 0.86% of their portfolio | 1.7m $2.8bn | Added +403.1k |
| ROYAL BANK OF CANADA 0.66% of their portfolio | 1.7m $2.8bn | Added +102.2k |
| Amundi 1.06% of their portfolio | 1.6m $2.8bn | Added +284.5k |
| HSBC HOLDINGS PLC 1.49% of their portfolio | 1.5m $2.3bn | Added +135.7k |
| RAYMOND JAMES & ASSOCIATES 1.40% of their portfolio | 1.3m $2.1bn | Reduced -12.8k |
| Swiss National Bank 1.44% of their portfolio | 1.3m $2.1bn | Reduced -28.3k |
| VOYA INVESTMENT MANAGEMENT LLC 2.01% of their portfolio | 1.3m $2.0bn | Added +356.3k |
| VAN ECK ASSOCIATES CORP 2.85% of their portfolio | 1.2m $2.0bn | Reduced -35.0k |
| DIMENSIONAL FUND ADVISORS LP 0.51% of their portfolio | 1.2m $2.0bn | Reduced -683.2k |
| California Public Employees Retirement System 1.43% of their portfolio | 1.2m $2.0bn | Reduced -82.4k |
| Clearbridge Investments, LLC 1.48% of their portfolio | 1.1m $1.8bn | Reduced -109.5k |
| Sumitomo Mitsui Trust Group, Inc. 1.34% of their portfolio | 1.1m $1.8bn | Reduced -103.7k |
| CITIGROUP INC 1.73% of their portfolio | 1.1m $1.8bn | Added +207.8k |
| NATIONAL BANK OF CANADA /FI/ 2.59% of their portfolio | 1.0m $1.7bn | Added +440.5k |
| DEUTSCHE BANK AG\ 0.70% of their portfolio | 964.4k $1.5bn | Reduced -217.8k |
| JANUS HENDERSON GROUP PLC 0.83% of their portfolio | 960.9k $1.5bn | Added +488.4k |
| TD Asset Management Inc 1.32% of their portfolio | 882.0k $1.4bn | Reduced -56.8k |
| RHUMBLINE ADVISERS 1.32% of their portfolio | 875.4k $1.4bn | Added +9.2k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 1.39% of their portfolio | 785.7k $1.3bn | Added +375.5k |
| DekaBank Deutsche Girozentrale 2.25% of their portfolio | 778.5k $1.2bn | Added +25.2k |
| FIRST TRUST ADVISORS LP 1.27% of their portfolio | 776.2k $1.2bn | Added +38.7k |
| Cantillon Capital Management LLC 8.29% of their portfolio | 772.1k $1.2bn | Reduced -39.6k |
| National Pension Service 0.13% of their portfolio | 722.3k $116.0m | Added +9.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 1.41% of their portfolio | 714.3k $1.1bn | Reduced -5.1k |
| BNP PARIBAS FINANCIAL MARKETS 1.23% of their portfolio | 709.0k $1.1bn | Reduced -13.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.40% of their portfolio | 707.0k $1.1bn | Reduced -18.3k |
| JANE STREET GROUP, LLC 1.17% of their portfolio | 674.0k $1.1bn | Added +231.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.61% of their portfolio | 641.6k $1.0bn | Reduced -72.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 1.25% of their portfolio | 636.8k $1.0bn | Added +62.5k |
| Winslow Capital Management, LLC 3.68% of their portfolio | 635.5k $1.0bn | Reduced -21.4k |
| LAZARD ASSET MANAGEMENT LLC 1.26% of their portfolio | 624.5k $1.0bn | Added +100.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 1.31% of their portfolio | 620.8k $996.7m | Added +28.4k |
| Bahl & Gaynor LLC 5.42% of their portfolio | 604.4k $970.4m | Reduced -7.8k |
| MILLENNIUM MANAGEMENT LLC 0.78% of their portfolio | 592.5k $951.3m | Added +209.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.04% of their portfolio | 586.6k $941.8m | Added +117.7k |
| AXA S.A. 1.39% of their portfolio | 582.2k $934.7m | Added +298.7k |
| Rafferty Asset Management, LLC 3.39% of their portfolio | 569.3k $914.1m | Reduced -67.3k |
| T. Rowe Price Investment Management, Inc. 0.57% of their portfolio | 559.5k $898.3m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 1.56% of their portfolio | 558.3k $896.3m | Added +234.8k |
| PARNASSUS INVESTMENTS, LLC 1.90% of their portfolio | 544.3k $873.8m | Added +98.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.87% of their portfolio | 541.1k $868.8m | Reduced -55.9k |
| ProShare Advisors LLC 2.32% of their portfolio | 539.3k $865.8m | Reduced -46.9k |
| D. E. Shaw & Co., Inc. 1.20% of their portfolio | 533.1k $855.8m | Added +371.0k |
| Ensign Peak Advisors, Inc 1.54% of their portfolio | 524.5k $842.2m | Added +84.2k |
| NOMURA ASSET MANAGEMENT CO LTD 2.81% of their portfolio | 523.7k $823.6m | Added +88.8k |
| BESSEMER GROUP INC 1.47% of their portfolio | 520.1k $835.0m | Reduced -90.4k |
| STIFEL FINANCIAL CORP 0.92% of their portfolio | 509.4k $818.1m | Reduced -6.6k |
| LORD, ABBETT & CO. LLC 1.34% of their portfolio | 505.8k $812.0m | Added +187.8k |
| PNC Financial Services Group, Inc. 0.54% of their portfolio | 504.7k $810.3m | Reduced -11.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.77% of their portfolio | 485.0k $778.7m | Added +23.7k |
| CITADEL ADVISORS LLC 0.76% of their portfolio | 483.7k $776.7m | Added +188.1k |
| Pictet Asset Management Holding SA 0.88% of their portfolio | 481.1k $772.2m | Reduced -29.5k |
| Raymond James Financial Services Advisors, Inc. 1.08% of their portfolio | 471.8k $757.4m | Reduced -23.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.88% of their portfolio | 465.8k $746.4m | Added +13.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.67% of their portfolio | 450.1k $722.7m | Reduced -14.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 1.42% of their portfolio | 448.7k $720.4m | Added +12.0k |
| CANADA LIFE ASSURANCE Co 1.33% of their portfolio | 440.4k $707.5m | Added +32.1k |
| SCOTIA CAPITAL INC. 0.41% of their portfolio | 433.4k $69.6m | Added +392.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 1.49% of their portfolio | 428.8k $625.9m | First filing |
| Qube Research & Technologies Ltd 1.27% of their portfolio | 428.5k $688.0m | Added +400.4k |
| LPL Financial LLC 0.34% of their portfolio | 425.9k $683.8m | Added +15.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 1.43% of their portfolio | 422.3k $678.1m | Reduced -23.4k |
| PRUDENTIAL FINANCIAL INC 0.99% of their portfolio | 410.6k $659.2m | Reduced -41.7k |
| Michael & Susan Dell Foundation 65.37% of their portfolio | 399.0k $640.6m | Reduced -133.0k |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.62% of their portfolio | 395.6k $635.2m | Added +14.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 1.17% of their portfolio | 393.0k $631.0m | Reduced -23.4k |
| KBC Group NV 1.83% of their portfolio | 377.8k $606.5m | Added +61.1k |