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
Q2 2024 share counts are adjusted for a 10-for-1 stock split, so holders aren't shown as buying or selling because of it.
* 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 ($3.1bn this quarter). Holder counts are more reliable. Shares outstanding: 4.7bn as of 2024-08-30, 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 ≈ $171.97. Options: 101 managers hold calls ($17.2bn notional), 97 hold puts ($17.6bn).
Trends to Q3 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 |
| Q3 2024 | 3,408 |
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 |
| Q3 2024 | 1,793 | 1,455 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $9.9bn | $14.7bn | 1.48 |
| Q1 2024 | $14.4bn | $15.7bn | 1.10 |
| Q2 2024 | $19.2bn | $21.0bn | 1.09 |
| Q3 2024 | $17.2bn | $17.6bn | 1.02 |
Biggest buyers
| VANGUARD GROUP INC | Added | +20.4m |
| FMR LLC | Added | +16.4m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +11.9m |
| SG Americas Securities, LLC | Added | +8.7m |
| STATE STREET CORP | Added | +8.5m |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Added | +8.2m |
| Pathway Financial Advisers, LLC | Added | +7.2m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +7.1m |
| NORGES BANK | Added | +6.2m |
| Invesco Ltd. | Added | +5.9m |
Biggest sellers
| BANK OF NOVA SCOTIA | Reduced | -49.5m |
| GQG Partners LLC | Reduced | -28.9m |
| JPMORGAN CHASE & CO | Reduced | -23.6m |
| Capital Research Global Investors | Reduced | -17.7m |
| Capital World Investors | Reduced | -12.8m |
| DekaBank Deutsche Girozentrale | Reduced | -7.0m |
| JANE STREET GROUP, LLC | Reduced | -5.6m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -4.8m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -4.3m |
| Qube Research & Technologies Ltd | Sold out | -4.3m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.7bn21.2m shares |
| CITADEL ADVISORS LLC | Reduced | $2.0bn11.4m shares |
| JANE STREET GROUP, LLC | Reduced | $1.5bn8.8m shares |
| IMC-Chicago, LLC | Reduced | $1.1bn6.1m shares |
| SIMPLEX TRADING, LLC | Reduced | $627.6m3.6m shares |
| WOLVERINE TRADING, LLC | Reduced | $608.8m3.5m shares |
| CTC LLC | Reduced | $556.5m32.3k shares |
| PEAK6 Investments LLC | Reduced | $545.5m3.2m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $498.7m2.9m shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | $461.6m2.7m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.8bn16.2m shares |
| CITADEL ADVISORS LLC | Reduced | $2.0bn11.7m shares |
| JANE STREET GROUP, LLC | Reduced | $2.0bn11.6m shares |
| IMC-Chicago, LLC | Reduced | $1.1bn6.6m shares |
| BANK OF AMERICA CORP /DE/ | Added | $875.2m5.1m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $818.6m4.7m shares |
| CTC LLC | Reduced | $594.3m34.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $590.0m3.4m shares |
| WOLVERINE TRADING, LLC | Reduced | $507.8m2.9m shares |
| Twin Tree Management, LP | Reduced | $418.2m2.4m 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2024 | 0 | — | 3 | $51.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-09-25 | DELLY GAYLA J Director | Sold | $130.9k750 shares |
| 2024-09-24 | TAN HOCK E President and CEO, director · By Trust | Sold | $25.9m150.0k shares |
| 2024-09-19 | Kawwas Charlie B President, Semi Solutions Grp · By Trust | Sold | $4.2m25.2k shares |
| 2024-09-17 | TAN HOCK E President and CEO, director · By Trust | Sold | $8.2m50.0k shares |
| 2024-07-11 | TAN HOCK E President and CEO, director · By Trust | Sold | $12.8m7.5k 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, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 1.45% of their portfolio | 468.6m $80.8bn | Added +20.4m |
| BlackRock, Inc. 1.29% of their portfolio | 356.2m $61.4bn | First filing |
| Capital World Investors 5.65% of their portfolio | 211.4m $36.5bn | Reduced -12.8m |
| Capital International Investors 6.25% of their portfolio | 188.7m $32.6bn | Reduced -1.6m |
| STATE STREET CORP 1.29% of their portfolio | 184.4m $31.8bn | Added +8.5m |
| JPMORGAN CHASE & CO 0.86% of their portfolio | 123.8m $21.3bn | Reduced -23.6m |
| GEODE CAPITAL MANAGEMENT, LLC 1.38% of their portfolio | 99.2m $17.1bn | Added +7.1m |
| Capital Research Global Investors 3.32% of their portfolio | 92.5m $16.0bn | Reduced -17.7m |
| FMR LLC 0.95% of their portfolio | 90.4m $15.6bn | Added +16.4m |
| MORGAN STANLEY 0.89% of their portfolio | 71.2m $12.3bn | Reduced -607.0k |
| BANK OF AMERICA CORP /DE/ 1.03% of their portfolio | 68.3m $11.8bn | Reduced -2.7m |
| NORGES BANK 1.54% of their portfolio | 64.1m $11.0bn | Added +6.2m |
| WELLINGTON MANAGEMENT GROUP LLP 1.50% of their portfolio | 49.7m $8.6bn | Added +11.9m |
| Invesco Ltd. 1.49% of their portfolio | 44.7m $7.7bn | Added +5.9m |
| NORTHERN TRUST CORP 1.24% of their portfolio | 43.8m $7.6bn | Added +130.9k |
| Nuveen Asset Management, LLC 1.93% of their portfolio | 39.8m $6.9bn | Reduced -199.4k |
| Bank of New York Mellon Corp 1.17% of their portfolio | 36.5m $6.3bn | Reduced -1.1m |
| JENNISON ASSOCIATES LLC 3.86% of their portfolio | 36.0m $6.2bn | Reduced -2.2m |
| Legal & General Group Plc 1.56% of their portfolio | 34.4m $5.9bn | Added +3.0m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 1.50% of their portfolio | 33.8m $5.8bn | Added +2.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.64% of their portfolio | 32.4m $5.6bn | Reduced -3.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.05% of their portfolio | 32.0m $5.5bn | Added +1.9m |
| AMERIPRISE FINANCIAL INC 1.26% of their portfolio | 28.5m $4.9bn | Added +692.6k |
| GOLDMAN SACHS GROUP INC 0.88% of their portfolio | 26.6m $4.6bn | Reduced -1.8m |
| UBS Group AG 1.25% of their portfolio | 25.9m $4.5bn | Reduced -1.2m |
| WELLS FARGO & COMPANY/MN 1.03% of their portfolio | 24.7m $4.3bn | Added +5.5m |
| Fisher Asset Management, LLC 1.66% of their portfolio | 23.4m $4.0bn | Added +875.9k |
| ALLIANCEBERNSTEIN L.P. 1.33% of their portfolio | 23.0m $4.0bn | Added +4.5m |
| FRANKLIN RESOURCES INC 1.08% of their portfolio | 21.1m $3.8bn | Added +3.7m |
| ROYAL BANK OF CANADA 0.81% of their portfolio | 21.0m $3.6bn | Added +3.9m |
| Swedbank AB 4.04% of their portfolio | 18.4m $3.2bn | Reduced -791.4k |
| Amundi 1.18% of their portfolio | 17.7m $3.2bn | Added +1.7m |
| BARCLAYS PLC 1.33% of their portfolio | 17.5m $3.0bn | Reduced -1.5m |
| BANK OF MONTREAL /CAN/ 1.29% of their portfolio | 16.1m $2.8bn | Reduced -1.5m |
| DEUTSCHE BANK AG\ 1.07% of their portfolio | 15.3m $2.6bn | Added +5.6m |
| JANUS HENDERSON GROUP PLC 1.18% of their portfolio | 13.4m $2.3bn | Added +3.8m |
| HSBC HOLDINGS PLC 1.44% of their portfolio | 13.3m $2.3bn | Reduced -1.2m |
| Swiss National Bank 1.47% of their portfolio | 13.1m $2.3bn | Added +91.3k |
| VAN ECK ASSOCIATES CORP 2.75% of their portfolio | 12.7m $2.2bn | Added +222.0k |
| RAYMOND JAMES & ASSOCIATES 1.33% of their portfolio | 12.7m $2.2bn | Reduced -591.8k |
| California Public Employees Retirement System 1.52% of their portfolio | 12.6m $2.2bn | Added +389.0k |
| Clearbridge Investments, LLC 1.66% of their portfolio | 12.2m $2.1bn | Added +917.8k |
| Sumitomo Mitsui Trust Group, Inc. 1.36% of their portfolio | 11.4m $2.0bn | Added +91.1k |
| SG Americas Securities, LLC 7.07% of their portfolio | 10.8m $1.9bn | Added +8.7m |
| CITIGROUP INC 1.69% of their portfolio | 10.6m $1.8bn | Reduced -566.1k |
| VOYA INVESTMENT MANAGEMENT LLC 1.88% of their portfolio | 10.6m $1.8bn | Reduced -2.2m |
| DIMENSIONAL FUND ADVISORS LP 0.44% of their portfolio | 10.4m $1.8bn | Reduced -1.9m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 1.68% of their portfolio | 9.4m $1.6bn | Added +1.6m |
| RHUMBLINE ADVISERS 1.39% of their portfolio | 8.9m $1.5bn | Added +147.5k |
| BNP PARIBAS FINANCIAL MARKETS 1.45% of their portfolio | 8.6m $1.5bn | Added +1.5m |
| National Pension Service 1.38% of their portfolio | 8.3m $1.4bn | Added +1.1m |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.29% of their portfolio | 8.2m $107.5k | Added +8.2m |
| TD Asset Management Inc 1.25% of their portfolio | 8.2m $1.4bn | Reduced -622.5k |
| Cantillon Capital Management LLC 7.73% of their portfolio | 7.3m $1.3bn | Reduced -389.4k |
| Pathway Financial Advisers, LLC 0.02% of their portfolio | 7.3m $42.2k | Added +7.2m |
| Mitsubishi UFJ Asset Management Co., Ltd. 1.34% of their portfolio | 7.2m $1.3bn | Added +881.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.68% of their portfolio | 7.2m $1.2bn | Added +766.3k |
| NATIONAL BANK OF CANADA /FI/ 1.64% of their portfolio | 7.1m $1.2bn | Reduced -3.0m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 1.44% of their portfolio | 7.1m $1.2bn | Reduced -9.6k |
| FIRST TRUST ADVISORS LP 1.16% of their portfolio | 7.0m $1.2bn | Reduced -715.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.38% of their portfolio | 6.8m $1.2bn | Reduced -298.1k |
| Winslow Capital Management, LLC 4.00% of their portfolio | 6.4m $1.1bn | Added +93.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.09% of their portfolio | 6.2m $1.1bn | Added +307.9k |
| BESSEMER GROUP INC 1.74% of their portfolio | 6.1m $1.1bn | Added +915.0k |
| Bahl & Gaynor LLC 5.27% of their portfolio | 5.9m $1.0bn | Reduced -107.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 1.35% of their portfolio | 5.8m $999.4m | Reduced -414.3k |
| ProShare Advisors LLC 2.43% of their portfolio | 5.7m $991.7m | Added +356.6k |
| PARNASSUS INVESTMENTS, LLC 2.07% of their portfolio | 5.6m $973.5m | Added +200.6k |
| Ensign Peak Advisors, Inc 1.70% of their portfolio | 5.6m $967.4m | Added +362.6k |
| NOMURA ASSET MANAGEMENT CO LTD 2.97% of their portfolio | 5.6m $963.1m | Added +346.1k |
| Rafferty Asset Management, LLC 3.17% of their portfolio | 5.4m $926.5m | Reduced -322.0k |
| LAZARD ASSET MANAGEMENT LLC 1.20% of their portfolio | 5.2m $899.8m | Reduced -1.0m |
| VICTORY CAPITAL MANAGEMENT INC 0.86% of their portfolio | 5.1m $887.9m | Reduced -263.6k |
| Pictet Asset Management Holding SA 0.96% of their portfolio | 5.1m $875.2m | Added +262.6k |
| PNC Financial Services Group, Inc. 0.56% of their portfolio | 5.1m $872.2m | Added +9.1k |
| STIFEL FINANCIAL CORP 0.91% of their portfolio | 5.0m $863.8m | Reduced -87.2k |
| BANK OF NOVA SCOTIA 1.69% of their portfolio | 4.8m $835.7m | Reduced -49.5m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.73% of their portfolio | 4.8m $827.6m | Added +296.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.89% of their portfolio | 4.6m $784.3m | Reduced -79.9k |
| LPL Financial LLC 0.35% of their portfolio | 4.6m $785.9m | Added +296.8k |
| Raymond James Financial Services Advisors, Inc. 1.04% of their portfolio | 4.5m $778.0m | Reduced -207.6k |
| PRUDENTIAL FINANCIAL INC 1.09% of their portfolio | 4.5m $777.1m | Added +399.0k |
| CANADA LIFE ASSURANCE Co 1.34% of their portfolio | 4.4m $768.3m | Added +45.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 1.45% of their portfolio | 4.4m $759.9m | Reduced -81.8k |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.86% of their portfolio | 4.4m $753.8m | Added +414.1k |
| COATUE MANAGEMENT LLC 2.77% of their portfolio | 4.3m $745.7m | Added +1.5m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 1.66% of their portfolio | 4.3m $738.2m | Reduced -8.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 1.29% of their portfolio | 4.2m $730.1m | Added +302.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 1.50% of their portfolio | 4.2m $725.3m | Reduced -18.8k |
| AMERICAN CENTURY COMPANIES INC 0.42% of their portfolio | 4.2m $716.2m | Added +1.5m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.65% of their portfolio | 4.0m $689.7m | Reduced -852.0k |
| Michael & Susan Dell Foundation 49.05% of their portfolio | 4.0m $688.3m | Unchanged |
| Corient Private Wealth LP 1.03% of their portfolio | 3.8m $655.3m | Added +59.8k |
| Ninety One UK Ltd 1.71% of their portfolio | 3.7m $641.1m | Added +251.1k |
| Korea Investment CORP 1.49% of their portfolio | 3.6m $626.2m | Reduced -133.7k |
| THORNBURG INVESTMENT MANAGEMENT INC 8.09% of their portfolio | 3.6m $622.0m | Reduced -932 |
| TWO SIGMA ADVISERS, LP 1.44% of their portfolio | 3.6m $614.9m | Added +2.0m |
| MACQUARIE GROUP LTD 0.65% of their portfolio | 3.5m $606.0m | Reduced -51.7k |
| Robeco Institutional Asset Management B.V. 1.19% of their portfolio | 3.5m $600.1m | Added +25.0k |
| GQG Partners LLC 0.92% of their portfolio | 3.4m $587.2m | Reduced -28.9m |