According to the most recent reported 13F filings, institutional investors continued to show strong buying interest in Broadcom Inc. (AVGO), with several prominent hedge funds, quantitative managers, and long-term investors increasing exposure during the quarter. The accumulation comes as Broadcom continues to benefit from accelerating AI infrastructure spending, semiconductor demand, and the growing contribution of its software businesses following the VMware acquisition.
Below are the most notable buyers from the latest reported quarter:
AQR Capital Management LLC (Cliff Asness)
Shares: 6,185,820 Change: +1,697,370 Value: $1.87B
AQR recorded the largest increase among tracked investors, adding nearly 1.7 million shares during the quarter. The sizable purchase reflects Broadcom’s attractive combination of profitability, free cash flow generation, and strong momentum in AI-related infrastructure spending.
Fisher Asset Management, LLC (Ken Fisher)
Shares: 14,691,363 Change: +847,157 Value: $4.55B
Ken Fisher further increased an already substantial position in Broadcom. The addition suggests continued confidence in the company’s ability to capitalize on long-term growth trends across networking, custom AI chips, and enterprise software.
Tiger Global Management LLC (Chase Coleman)
Shares: 3,584,814 Change: +709,200 Value: $1.11B
Tiger Global significantly expanded its position during the quarter. The purchase aligns with the firm’s focus on high-quality growth companies benefiting from powerful secular trends, particularly artificial intelligence and cloud infrastructure.
Bridgewater Associates, LP (Ray Dalio)
Shares: 1,835,380 Change: +669,640 Value: $0.57B
Bridgewater made a meaningful addition to its Broadcom stake. The increase may reflect the firm’s growing exposure to companies positioned to benefit from continued investment in global technology infrastructure.
Grantham, Mayo, Van Otterloo & Co. LLC (Jeremy Grantham)
Shares: 3,348,517 Change: +211,786 Value: $1.04B
GMO added steadily to its position, indicating confidence that Broadcom’s earnings growth and cash generation continue to justify its long-term investment case despite the stock’s strong performance.
Gotham Asset Management, LLC (Joel Greenblatt)
Shares: 345,271 Change: +11,617 Value: $0.11B
Joel Greenblatt’s Gotham Asset Management modestly increased its Broadcom position during the quarter, reflecting continued confidence in the company’s strong cash flow generation and attractive valuation characteristics.
GAMCO Investors, Inc. ET AL (Mario Gabelli)
Shares: 67,132 Change: +4,573 Value: $0.02B
Mario Gabelli’s GAMCO Investors also added to its Broadcom stake, signaling confidence in Broadcom’s durable competitive position and long-term growth prospects driven by semiconductors and software.
Duquesne Family Office LLC (Stanley Druckenmiller)
Shares: 195,955 New Position Value: $0.06B
Stanley Druckenmiller initiated a new position during the quarter. Given Druckenmiller’s well-known focus on major secular trends, the purchase may reflect conviction in Broadcom’s role as a critical beneficiary of the AI spending cycle.
Third Point LLC (Dan Loeb)
Shares: 50,000 New Position Value: $0.02B
Dan Loeb also established a new stake, adding another high-profile investor to Broadcom’s shareholder base. The move suggests growing institutional interest in the company’s expanding software and semiconductor franchises.
Overall Takeaway
Collectively, these filings highlight broad-based institutional accumulation of Broadcom shares. The largest additions came from AQR, Fisher Asset Management, Tiger Global, and Bridgewater, while respected investors Stanley Druckenmiller and Dan Loeb both initiated new positions.
The concentration of buying among quantitative firms, growth-oriented hedge funds, and long-term fundamental investors suggests continued confidence that Broadcom remains one of the most strategically important companies benefiting from the AI infrastructure buildout. With strong free cash flow, expanding software revenues, and leadership in networking and custom silicon, AVGO continues to attract significant institutional capital.
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