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 ($2.9bn this quarter). Holder counts are more reliable. Shares outstanding: 4.7bn as of 2025-02-28, 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 ≈ $168.56. Options: 121 managers hold calls ($14.1bn notional), 113 hold puts ($16.6bn).
Trends to Q1 2025
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 |
| Q1 2025 | 3,816 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 1,967 | 1,815 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $19.2bn | $21.0bn | 1.09 |
| Q3 2024 | $17.2bn | $17.6bn | 1.02 |
| Q4 2024 | $22.9bn | $26.2bn | 1.14 |
| Q1 2025 | $14.1bn | $16.6bn | 1.18 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +18.0m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +12.5m |
| JPMORGAN CHASE & CO | Added | +12.1m |
| Amundi | Added | +11.8m |
| FMR LLC | Added | +8.6m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +8.5m |
| BlackRock, Inc. | Added | +5.3m |
| JANE STREET GROUP, LLC | Added | +5.2m |
| JANUS HENDERSON GROUP PLC | Added | +5.2m |
| DEUTSCHE BANK AG\ | Added | +4.2m |
Biggest sellers
| Capital World Investors | Reduced | -41.9m |
| Capital International Investors | Reduced | -25.0m |
| Fisher Asset Management, LLC | Reduced | -11.5m |
| GQG Partners LLC | Reduced | -10.2m |
| MACKENZIE FINANCIAL CORP | Reduced | -5.8m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -5.7m |
| JENNISON ASSOCIATES LLC | Reduced | -4.5m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -4.4m |
| CREDIT AGRICOLE S A | Reduced | -3.9m |
| NORGES BANK | Reduced | -3.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.6bn15.7m shares |
| CITADEL ADVISORS LLC | Reduced | $1.6bn9.4m shares |
| JANE STREET GROUP, LLC | Added | $1.4bn8.6m shares |
| IMC-Chicago, LLC | Reduced | $1.1bn6.5m shares |
| BANK OF AMERICA CORP /DE/ | Added | $556.8m3.3m shares |
| 1832 Asset Management L.P. | New | $452.1m2.7m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $450.2m2.7m shares |
| WOLVERINE TRADING, LLC | Reduced | $440.4m2.6m shares |
| SIMPLEX TRADING, LLC | Reduced | $420.6m2.7m shares |
| CTC LLC | Reduced | $415.2m2.5m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.3bn14.0m shares |
| JANE STREET GROUP, LLC | Reduced | $2.0bn11.8m shares |
| CITADEL ADVISORS LLC | Reduced | $1.3bn7.9m shares |
| BANK OF AMERICA CORP /DE/ | Added | $1.1bn6.4m shares |
| IMC-Chicago, LLC | Reduced | $962.2m5.7m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $849.6m5.1m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $636.8m3.8m shares |
| SIMPLEX TRADING, LLC | Reduced | $565.8m3.4m shares |
| Optiver Holding B.V. | Added | $549.9m3.3m shares |
| CTC LLC | Reduced | $515.7m3.1m 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 Q1 2025
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 |
|---|---|---|---|---|---|
| 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 |
| Q1 2025 | 0 | — | 5 | $147.9m | $120.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-26 | SAMUELI HENRY Director · See Footnote | Sold plan | $120.6m664.0k shares |
| 2025-03-24 | Brazeal Mark David Chief Legal & Corp Affairs Ofc | Sold | $5.8m30.0k shares |
| 2025-01-08 | HARTENSTEIN EDDY W Director · See Footnote | Sold | $918.6k4.0k shares |
| 2025-01-06 | Low Check Kian Director | Sold | $11.3m48.0k shares |
| 2025-01-02 | Kawwas Charlie B President, Semi Solutions Grp · By Trust | Sold | $9.3m40.0k 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 1.44% of their portfolio | 477.2m $79.9bn | Added +2.1m |
| BlackRock, Inc. 1.31% of their portfolio | 371.6m $62.2bn | Added +5.3m |
| STATE STREET CORP 1.27% of their portfolio | 184.4m $30.9bn | Reduced -1.9m |
| Capital International Investors 5.39% of their portfolio | 163.7m $27.4bn | Reduced -25.0m |
| Capital World Investors 4.21% of their portfolio | 155.1m $26.0bn | Reduced -41.9m |
| GEODE CAPITAL MANAGEMENT, LLC 1.40% of their portfolio | 106.4m $17.8bn | Added +4.2m |
| FMR LLC 1.09% of their portfolio | 101.9m $17.1bn | Added +8.6m |
| JPMORGAN CHASE & CO 1.17% of their portfolio | 91.4m $15.3bn | Added +12.1m |
| Capital Research Global Investors 3.26% of their portfolio | 89.5m $15.0bn | Reduced -209.1k |
| MORGAN STANLEY 0.91% of their portfolio | 76.4m $12.8bn | Added +1.0m |
| NORGES BANK 1.64% of their portfolio | 69.7m $11.7bn | Reduced -3.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ 1.35% of their portfolio | 65.5m $11.0bn | Added +18.0m |
| BANK OF AMERICA CORP /DE/ 0.95% of their portfolio | 64.1m $10.7bn | Added +2.5m |
| WELLINGTON MANAGEMENT GROUP LLP 1.90% of their portfolio | 59.0m $9.9bn | Added +12.5m |
| NORTHERN TRUST CORP 1.20% of their portfolio | 48.3m $8.1bn | Reduced -763.4k |
| Nuveen, LLC 2.02% of their portfolio | 39.7m $6.6bn | First filing |
| Invesco Ltd. 1.13% of their portfolio | 35.5m $5.9bn | Reduced -835.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 1.51% of their portfolio | 35.2m $5.9bn | Added +842.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.06% of their portfolio | 33.8m $5.7bn | Added +1.0m |
| Legal & General Group Plc 1.50% of their portfolio | 33.0m $5.5bn | Added +162.3k |
| Bank of New York Mellon Corp 1.03% of their portfolio | 31.1m $5.2bn | Reduced -1.1m |
| ALLIANCEBERNSTEIN L.P. 1.79% of their portfolio | 29.5m $4.9bn | Added +4.1m |
| FRANKLIN RESOURCES INC 1.37% of their portfolio | 28.3m $4.7bn | Added +1.4m |
| GOLDMAN SACHS GROUP INC 0.88% of their portfolio | 27.7m $4.6bn | Reduced -3.0m |
| UBS Group AG 1.02% of their portfolio | 27.6m $4.6bn | Added +958.6k |
| JENNISON ASSOCIATES LLC 3.14% of their portfolio | 26.8m $4.5bn | Reduced -4.5m |
| AMERIPRISE FINANCIAL INC 1.18% of their portfolio | 26.2m $4.4bn | Reduced -977.3k |
| WELLS FARGO & COMPANY/MN 0.97% of their portfolio | 24.1m $4.0bn | Added +143.0k |
| Amundi 1.32% of their portfolio | 23.5m $3.6bn | Added +11.8m |
| ROYAL BANK OF CANADA 0.78% of their portfolio | 20.9m $3.5bn | Reduced -790.1k |
| JANUS HENDERSON GROUP PLC 1.90% of their portfolio | 20.5m $3.5bn | Added +5.2m |
| VOYA INVESTMENT MANAGEMENT LLC 1.82% of their portfolio | 19.5m $3.3bn | Added +8.5m |
| RAYMOND JAMES FINANCIAL INC 1.10% of their portfolio | 17.4m $2.9bn | Reduced -1.0m |
| DEUTSCHE BANK AG\ 1.05% of their portfolio | 15.8m $2.6bn | Added +4.2m |
| BARCLAYS PLC 1.14% of their portfolio | 15.0m $2.5bn | Added +2.1m |
| SG Americas Securities, LLC 8.16% of their portfolio | 14.3m $2.4bn | Reduced -1.4m |
| HSBC HOLDINGS PLC 1.45% of their portfolio | 13.1m $2.2bn | Reduced -700.6k |
| California Public Employees Retirement System 1.52% of their portfolio | 13.0m $2.2bn | Added +417.1k |
| Swiss National Bank 1.49% of their portfolio | 12.6m $2.1bn | Added +24.6k |
| Fisher Asset Management, LLC 0.90% of their portfolio | 12.4m $2.1bn | Reduced -11.5m |
| VAN ECK ASSOCIATES CORP 2.53% of their portfolio | 11.7m $2.0bn | Reduced -1.5m |
| Sumitomo Mitsui Trust Group, Inc. 1.38% of their portfolio | 11.7m $2.0bn | Added +417.0k |
| BANK OF MONTREAL /CAN/ 1.01% of their portfolio | 11.3m $1.9bn | Reduced -2.5m |
| CITIGROUP INC 1.36% of their portfolio | 10.7m $1.8bn | Added +1.3m |
| DIMENSIONAL FUND ADVISORS LP 0.43% of their portfolio | 10.2m $1.7bn | Added +32.2k |
| Clearbridge Investments, LLC 1.49% of their portfolio | 10.2m $1.7bn | Reduced -1.0m |
| BNP PARIBAS FINANCIAL MARKETS 1.29% of their portfolio | 10.1m $1.7bn | First filing |
| PRINCIPAL FINANCIAL GROUP INC 0.85% of their portfolio | 9.0m $1.5bn | Added +962.5k |
| National Pension Service 1.43% of their portfolio | 8.9m $1.5bn | Added +314.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 1.35% of their portfolio | 8.8m $1.5bn | Added +972.8k |
| RHUMBLINE ADVISERS 1.36% of their portfolio | 8.7m $1.5bn | Reduced -96.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.43% of their portfolio | 8.4m $1.4bn | Added +1.9m |
| NATIONAL BANK OF CANADA /FI/ 1.58% of their portfolio | 8.0m $1.3bn | Added +3.5m |
| AMERICAN CENTURY COMPANIES INC 0.81% of their portfolio | 7.9m $1.3bn | Added +676.2k |
| JANE STREET GROUP, LLC 2.22% of their portfolio | 7.4m $1.2bn | Added +5.2m |
| CANADA PENSION PLAN INVESTMENT BOARD 1.15% of their portfolio | 7.1m $1.2bn | Added +1.3m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 1.44% of their portfolio | 6.9m $1.2bn | Reduced -15.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.37% of their portfolio | 6.9m $1.1bn | Added +223.6k |
| Pictet Asset Management Holding SA 1.24% of their portfolio | 6.7m $1.1bn | Added +1.5m |
| TD Asset Management Inc 1.01% of their portfolio | 6.5m $1.1bn | Reduced -1.4m |
| FIRST TRUST ADVISORS LP 0.94% of their portfolio | 6.3m $1.1bn | Reduced -633.9k |
| Cantillon Capital Management LLC 6.84% of their portfolio | 6.3m $1.1bn | Reduced -1.1m |
| NORDEA INVESTMENT MANAGEMENT AB 1.03% of their portfolio | 6.0m $974.8m | Added +746.6k |
| Winslow Capital Management, LLC 3.88% of their portfolio | 5.8m $973.5m | Added +1.5m |
| NEW YORK STATE COMMON RETIREMENT FUND 1.39% of their portfolio | 5.7m $949.8m | Reduced -131.9k |
| ProShare Advisors LLC 2.07% of their portfolio | 5.5m $918.8m | Added +456.0k |
| NOMURA ASSET MANAGEMENT CO LTD 2.76% of their portfolio | 5.4m $902.6m | Added +259.7k |
| LPL Financial LLC 0.35% of their portfolio | 5.3m $890.7m | Added +339.3k |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.98% of their portfolio | 5.0m $836.4m | Added +752.1k |
| PRUDENTIAL FINANCIAL INC 1.19% of their portfolio | 5.0m $833.8m | Added +410.9k |
| BESSEMER GROUP INC 1.45% of their portfolio | 4.8m $809.7m | Reduced -988.8k |
| STIFEL FINANCIAL CORP 0.86% of their portfolio | 4.8m $809.6m | Reduced -148.4k |
| PNC Financial Services Group, Inc. 0.42% of their portfolio | 4.8m $805.3m | Added +5.0k |
| PARNASSUS INVESTMENTS, LLC 1.92% of their portfolio | 4.8m $797.9m | Reduced -545.4k |
| Qube Research & Technologies Ltd 1.22% of their portfolio | 4.7m $786.3m | Added +4.0m |
| APG Asset Management N.V. 2.19% of their portfolio | 4.6m $706.0m | Added +175.7k |
| NEUBERGER BERMAN GROUP LLC 0.64% of their portfolio | 4.5m $760.1m | Added +572.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.72% of their portfolio | 4.5m $759.0m | Added +64.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 1.47% of their portfolio | 4.4m $741.4m | Added +35.0k |
| Bahl & Gaynor LLC 3.70% of their portfolio | 4.3m $726.5m | Reduced -964.9k |
| LAZARD ASSET MANAGEMENT LLC 1.11% of their portfolio | 4.3m $724.5m | Added +235.8k |
| Aberdeen Group plc 1.37% of their portfolio | 4.3m $700.4m | Added +736.5k |
| Ensign Peak Advisors, Inc 1.32% of their portfolio | 4.1m $691.1m | Reduced -412.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 1.26% of their portfolio | 4.1m $681.6m | Reduced -178.3k |
| AVIVA PLC 1.61% of their portfolio | 4.0m $667.2m | Added +788.2k |
| CANADA LIFE ASSURANCE Co 1.16% of their portfolio | 3.9m $659.2m | Added +2.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 1.52% of their portfolio | 3.9m $657.6m | Reduced -150.5k |
| TWO SIGMA ADVISERS, LP 1.46% of their portfolio | 3.9m $650.5m | Added +2.5m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.74% of their portfolio | 3.8m $639.8m | Reduced -5.7m |
| VICTORY CAPITAL MANAGEMENT INC 0.65% of their portfolio | 3.8m $633.7m | Reduced -470.5k |
| Corient Private Wealth LP 1.03% of their portfolio | 3.8m $631.0m | Reduced -89.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 1.23% of their portfolio | 3.7m $616.1m | Reduced -87.3k |
| Russell Investments Group, Ltd. 0.85% of their portfolio | 3.7m $616.2m | Added +646.3k |
| D. E. Shaw & Co., Inc. 0.72% of their portfolio | 3.6m $610.4m | Added +1.5m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 1.29% of their portfolio | 3.6m $603.6m | Added +210.7k |
| Mariner, LLC 1.00% of their portfolio | 3.6m $602.3m | Added +94.9k |
| MACQUARIE GROUP LTD 0.75% of their portfolio | 3.6m $600.8m | Reduced -43.4k |
| COATUE MANAGEMENT LLC 2.64% of their portfolio | 3.6m $598.1m | Added +45.9k |
| Korea Investment CORP 1.44% of their portfolio | 3.5m $592.8m | Added +148.8k |
| AQR CAPITAL MANAGEMENT LLC 0.57% of their portfolio | 3.4m $556.4m | Added +573.0k |