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 ($3.9bn this quarter). Holder counts are more reliable. Shares outstanding: 4.7bn as of 2024-11-29, 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 ≈ $231.80. Options: 107 managers hold calls ($22.9bn notional), 104 hold puts ($26.2bn).
Trends to Q4 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 |
| Q4 2024 | 3,909 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2024 | 1,810 | 1,561 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $14.4bn | $15.7bn | 1.10 |
| Q2 2024 | $19.2bn | $21.0bn | 1.09 |
| Q3 2024 | $17.2bn | $17.6bn | 1.02 |
| Q4 2024 | $22.9bn | $26.2bn | 1.14 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +15.2m |
| BlackRock, Inc. | Added | +10.0m |
| NORGES BANK | Added | +8.8m |
| GQG Partners LLC | Added | +6.8m |
| VANGUARD GROUP INC | Added | +6.6m |
| MILLENNIUM MANAGEMENT LLC | Added | +6.2m |
| FRANKLIN RESOURCES INC | Added | +5.8m |
| MACKENZIE FINANCIAL CORP | Added | +5.6m |
| NORTHERN TRUST CORP | Added | +5.3m |
| CREDIT AGRICOLE S A | Added | +5.1m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -44.5m |
| Capital World Investors | Reduced | -14.5m |
| Invesco Ltd. | Reduced | -8.4m |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Reduced | -8.2m |
| Pathway Financial Advisers, LLC | Reduced | -7.2m |
| BANK OF AMERICA CORP /DE/ | Reduced | -6.7m |
| Amundi | Reduced | -6.0m |
| JENNISON ASSOCIATES LLC | Reduced | -4.7m |
| BARCLAYS PLC | Reduced | -4.5m |
| Bank of New York Mellon Corp | Reduced | -4.3m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.3bn18.6m shares |
| CITADEL ADVISORS LLC | Added | $3.1bn13.3m shares |
| JANE STREET GROUP, LLC | Reduced | $1.9bn8.3m shares |
| IMC-Chicago, LLC | Added | $1.7bn7.5m shares |
| SIMPLEX TRADING, LLC | Added | $845.2m3.6m shares |
| CTC LLC | Added | $837.8m3.6m shares |
| PEAK6 LLC | First filing | $805.7m3.5m shares |
| WOLVERINE TRADING, LLC | Reduced | $775.5m3.3m shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $747.0m32.2k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $746.6m3.2m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.3bn18.5m shares |
| JANE STREET GROUP, LLC | Added | $3.1bn13.3m shares |
| CITADEL ADVISORS LLC | Added | $3.0bn12.8m shares |
| IMC-Chicago, LLC | Added | $2.0bn8.4m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $1.2bn5.2m shares |
| GOLDMAN SACHS GROUP INC | Added | $921.6m4.0m shares |
| SIMPLEX TRADING, LLC | Added | $890.8m4.0m shares |
| CTC LLC | Added | $867.6m3.7m shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $697.5m3.0m shares |
| Twin Tree Management, LP | Added | $665.2m2.9m 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2024 | 0 | — | 6 | $45.5m | $3.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-12-24 | TAN HOCK E President and CEO, director | Sold | $10.8m45.0k shares |
| 2024-12-24 | Brazeal Mark David Chief Legal & Corp Affairs Ofc | Sold | $4.8m20.2k shares |
| 2024-12-23 | Bryant Diane M Director | Sold plan | $3.4m15.0k shares |
| 2024-12-20 | Spears Kirsten M. CFO & Chief Accounting Officer | Sold | $2.9m12.6k shares |
| 2024-12-17 | You Harry L. Director | Sold | $1.6m6.5k shares |
| 2024-10-11 | Brazeal Mark David Chief Legal & Corp Affairs Ofc | Sold | $3.4m18.9k shares |
| 2024-10-11 | Kawwas Charlie B President, Semi Solutions Grp · By Trust | Sold | $2.9m15.9k shares |
| 2024-10-09 | Brazeal Mark David Chief Legal & Corp Affairs Ofc | Sold | $3.5m18.9k shares |
| 2024-10-07 | Brazeal Mark David Chief Legal & Corp Affairs Ofc | Sold | $3.6m20.3k shares |
| 2024-10-04 | TAN HOCK E President and CEO, director · By Trust | Sold | $3.5m20.0k shares |
| 2024-10-03 | TAN HOCK E President and CEO, director · By Trust | Sold | $3.4m20.0k shares |
| 2024-10-01 | TAN HOCK E President and CEO, director · By Trust | Sold | $1.7m10.0k 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, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 1.92% of their portfolio | 475.1m $110.2bn | Added +6.6m |
| BlackRock, Inc. 1.72% of their portfolio | 366.2m $84.9bn | Added +10.0m |
| Capital World Investors 6.93% of their portfolio | 197.0m $45.7bn | Reduced -14.5m |
| Capital International Investors 8.22% of their portfolio | 188.7m $43.7bn | Reduced -71.2k |
| STATE STREET CORP 1.70% of their portfolio | 186.3m $43.2bn | Added +1.8m |
| GEODE CAPITAL MANAGEMENT, LLC 1.83% of their portfolio | 102.2m $23.6bn | Added +3.0m |
| FMR LLC 1.29% of their portfolio | 93.3m $21.6bn | Added +2.9m |
| Capital Research Global Investors 4.27% of their portfolio | 89.7m $20.8bn | Reduced -2.8m |
| JPMORGAN CHASE & CO 1.45% of their portfolio | 79.3m $18.4bn | Reduced -44.5m |
| MORGAN STANLEY 1.22% of their portfolio | 75.4m $17.5bn | Added +4.2m |
| NORGES BANK 2.22% of their portfolio | 72.9m $16.9bn | Added +8.8m |
| BANK OF AMERICA CORP /DE/ 1.32% of their portfolio | 61.6m $14.3bn | Reduced -6.7m |
| NORTHERN TRUST CORP 1.61% of their portfolio | 49.1m $11.4bn | Added +5.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ 1.27% of their portfolio | 47.5m $11.0bn | Added +15.2m |
| WELLINGTON MANAGEMENT GROUP LLP 1.97% of their portfolio | 46.5m $10.8bn | Reduced -3.1m |
| Nuveen Asset Management, LLC 2.55% of their portfolio | 39.0m $9.0bn | Reduced -828.7k |
| Invesco Ltd. 1.56% of their portfolio | 36.3m $8.4bn | Reduced -8.4m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 1.86% of their portfolio | 34.4m $8.0bn | Added +581.7k |
| Legal & General Group Plc 2.01% of their portfolio | 32.8m $7.6bn | Reduced -1.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.40% of their portfolio | 32.8m $7.6bn | Added +810.9k |
| Bank of New York Mellon Corp 1.38% of their portfolio | 32.2m $7.5bn | Reduced -4.3m |
| JENNISON ASSOCIATES LLC 4.40% of their portfolio | 31.2m $7.2bn | Reduced -4.7m |
| GOLDMAN SACHS GROUP INC 1.36% of their portfolio | 30.6m $7.1bn | Added +4.0m |
| AMERIPRISE FINANCIAL INC 1.62% of their portfolio | 27.2m $6.3bn | Reduced -1.3m |
| FRANKLIN RESOURCES INC 1.74% of their portfolio | 26.9m $6.2bn | Added +5.8m |
| UBS Group AG 1.38% of their portfolio | 26.6m $6.2bn | Added +696.9k |
| ALLIANCEBERNSTEIN L.P. 2.00% of their portfolio | 25.4m $5.9bn | Added +2.4m |
| WELLS FARGO & COMPANY/MN 1.33% of their portfolio | 23.9m $5.6bn | Reduced -723.6k |
| Fisher Asset Management, LLC 2.20% of their portfolio | 23.9m $5.5bn | Added +480.5k |
| ROYAL BANK OF CANADA 1.09% of their portfolio | 21.7m $5.0bn | Added +719.7k |
| RAYMOND JAMES FINANCIAL INC 1.58% of their portfolio | 18.5m $4.3bn | First filing |
| Swedbank AB 4.70% of their portfolio | 16.5m $3.8bn | Reduced -1.9m |
| SG Americas Securities, LLC 15.73% of their portfolio | 15.7m $3.6bn | Added +4.9m |
| JANUS HENDERSON GROUP PLC 1.81% of their portfolio | 15.4m $3.6bn | Added +2.0m |
| BANK OF MONTREAL /CAN/ 1.60% of their portfolio | 13.9m $3.2bn | Reduced -2.2m |
| HSBC HOLDINGS PLC 1.98% of their portfolio | 13.8m $3.2bn | Added +406.3k |
| VAN ECK ASSOCIATES CORP 3.92% of their portfolio | 13.2m $3.1bn | Added +509.7k |
| BARCLAYS PLC 1.48% of their portfolio | 12.9m $3.0bn | Reduced -4.5m |
| California Public Employees Retirement System 1.95% of their portfolio | 12.6m $2.9bn | Added +39.6k |
| Swiss National Bank 1.93% of their portfolio | 12.5m $2.9bn | Reduced -591.4k |
| Amundi 0.93% of their portfolio | 11.6m $2.7bn | Reduced -6.0m |
| DEUTSCHE BANK AG\ 1.05% of their portfolio | 11.5m $2.7bn | Reduced -3.8m |
| Sumitomo Mitsui Trust Group, Inc. 1.76% of their portfolio | 11.3m $2.6bn | Reduced -103.3k |
| Clearbridge Investments, LLC 2.10% of their portfolio | 11.2m $2.6bn | Reduced -1.1m |
| VOYA INVESTMENT MANAGEMENT LLC 2.66% of their portfolio | 11.0m $2.6bn | Added +481.5k |
| GQG Partners LLC 3.51% of their portfolio | 10.2m $2.4bn | Added +6.8m |
| DIMENSIONAL FUND ADVISORS LP 0.57% of their portfolio | 10.2m $2.4bn | Reduced -191.1k |
| BNP PARIBAS FINANCIAL MARKETS 1.77% of their portfolio | 9.9m $2.3bn | Added +1.2m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 2.36% of their portfolio | 9.5m $2.2bn | Added +104.0k |
| CITIGROUP INC 2.09% of their portfolio | 9.4m $2.2bn | Reduced -1.2m |
| RHUMBLINE ADVISERS 1.82% of their portfolio | 8.8m $2.0bn | Reduced -116.6k |
| National Pension Service 1.89% of their portfolio | 8.6m $2.0bn | Added +320.4k |
| MACKENZIE FINANCIAL CORP 0.86% of their portfolio | 8.1m $1.9bn | Added +5.6m |
| PRINCIPAL FINANCIAL GROUP INC 1.02% of their portfolio | 8.1m $1.9bn | Added +879.2k |
| TD Asset Management Inc 1.62% of their portfolio | 7.9m $1.8bn | Reduced -304.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 1.76% of their portfolio | 7.8m $1.8bn | Added +544.4k |
| Cantillon Capital Management LLC 10.33% of their portfolio | 7.4m $1.7bn | Added +39.5k |
| MILLENNIUM MANAGEMENT LLC 1.47% of their portfolio | 7.3m $1.7bn | Added +6.2m |
| AMERICAN CENTURY COMPANIES INC 0.96% of their portfolio | 7.2m $1.7bn | Added +3.0m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 1.88% of their portfolio | 7.0m $1.6bn | Reduced -173.1k |
| FIRST TRUST ADVISORS LP 1.42% of their portfolio | 7.0m $1.6bn | Reduced -87.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.49% of their portfolio | 6.6m $1.5bn | Reduced -133.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.45% of their portfolio | 6.5m $1.5bn | Added +356.8k |
| CREDIT AGRICOLE S A 4.81% of their portfolio | 6.1m $1.4bn | Added +5.1m |
| CANADA PENSION PLAN INVESTMENT BOARD 1.29% of their portfolio | 5.8m $1.4bn | Added +1.8m |
| BESSEMER GROUP INC 2.20% of their portfolio | 5.8m $1.4bn | Reduced -290.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 1.80% of their portfolio | 5.8m $1.3bn | Added +11.2k |
| PARNASSUS INVESTMENTS, LLC 2.73% of their portfolio | 5.3m $1.2bn | Reduced -332.4k |
| Bahl & Gaynor LLC 6.50% of their portfolio | 5.3m $1.2bn | Reduced -632.5k |
| NORDEA INVESTMENT MANAGEMENT AB 1.30% of their portfolio | 5.3m $1.2bn | Added +687.0k |
| Pictet Asset Management Holding SA 1.29% of their portfolio | 5.2m $1.2bn | Added +88.3k |
| NOMURA ASSET MANAGEMENT CO LTD 3.58% of their portfolio | 5.1m $1.2bn | Reduced -451.9k |
| ProShare Advisors LLC 2.67% of their portfolio | 5.0m $1.2bn | Reduced -717.2k |
| STIFEL FINANCIAL CORP 1.20% of their portfolio | 5.0m $1.2bn | Reduced -23.1k |
| LPL Financial LLC 0.47% of their portfolio | 5.0m $1.2bn | Added +424.6k |
| BANK OF NOVA SCOTIA 2.00% of their portfolio | 4.9m $1.1bn | Added +98.5k |
| PNC Financial Services Group, Inc. 0.74% of their portfolio | 4.8m $1.1bn | Reduced -251.5k |
| Rafferty Asset Management, LLC 3.75% of their portfolio | 4.6m $1.1bn | Reduced -800.9k |
| PRUDENTIAL FINANCIAL INC 1.45% of their portfolio | 4.6m $1.1bn | Added +64.2k |
| Ensign Peak Advisors, Inc 1.87% of their portfolio | 4.5m $1.1bn | Reduced -1.1m |
| NATIONAL BANK OF CANADA /FI/ 1.35% of their portfolio | 4.5m $1.0bn | Reduced -2.6m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.90% of their portfolio | 4.5m $1.0bn | Reduced -329.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 1.94% of their portfolio | 4.4m $1.0bn | Reduced -12.3k |
| APG Asset Management N.V. 2.73% of their portfolio | 4.4m $980.5m | Added +3.8m |
| Winslow Capital Management, LLC 3.59% of their portfolio | 4.4m $1.0bn | Reduced -2.1m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 1.50% of their portfolio | 4.3m $1.0bn | Added +3.1m |
| VICTORY CAPITAL MANAGEMENT INC 0.97% of their portfolio | 4.3m $986.5m | Reduced -892.3k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 1.72% of their portfolio | 4.2m $985.2m | Added +17.0k |
| ROYAL LONDON ASSET MANAGEMENT LTD 2.40% of their portfolio | 4.2m $983.9m | Reduced -126.4k |
| LAZARD ASSET MANAGEMENT LLC 1.39% of their portfolio | 4.1m $948.6m | Reduced -1.1m |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 1.99% of their portfolio | 4.1m $945.4m | Reduced -126.7k |
| NEUBERGER BERMAN GROUP LLC 0.73% of their portfolio | 4.0m $920.1m | Added +750.3k |
| CANADA LIFE ASSURANCE Co 1.57% of their portfolio | 3.9m $909.9m | Reduced -522.2k |
| Corient Private Wealth LP 1.48% of their portfolio | 3.9m $890.9m | Added +59.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 1.73% of their portfolio | 3.8m $873.4m | First filing |
| MACQUARIE GROUP LTD 0.76% of their portfolio | 3.6m $634.6m | Added +118.9k |
| Aberdeen Group plc 1.56% of their portfolio | 3.5m $831.8m | Added +270.6k |
| COATUE MANAGEMENT LLC 2.75% of their portfolio | 3.5m $817.5m | Reduced -796.7k |
| Mariner, LLC 1.36% of their portfolio | 3.5m $812.2m | Added +125.7k |
| KBC Group NV 2.21% of their portfolio | 3.5m $803.4m | Added +890.4k |