Asset Management One 13F: Adds $8.2M to Broadcom (AVGO) Stake
Key Points
- Asset Management One increased its holdings in Broadcom by 23,212 shares, now holding a total of 2,171,096 shares worth about $762.5 million.
- The fund's position in Broadcom represents 5.45% of its total reported portfolio, ranking it 5th among its holdings.
- Broadcom's shares recently traded around $342.45, which is about equal to the closing price of $342.33 on the filing date.
Get Broadcom text alerts
We text you when insiders, Congress, analysts or big funds move on $AVGO.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Broadcom Inc. alert may contain errors. Disclosures
On October 27, 2026, Asset Management One boosted its position in Broadcom Inc. (AVGO) by 23,212 shares, bringing its total to 2,171,096 shares valued at approximately $762.5 million. This information comes from the fund's latest Form 13F filing with the SEC, which covers the quarter ended September 30, 2026.
AVGO
Broadcom Inc.
What Changed in Asset Management One's Broadcom Position
Asset Management One increased its stake in Broadcom by 23,212 shares, a 1.1% increase from its previous holding of 2,147,884 shares. The reported value of the position now stands at about $7.1 billion, reflecting a change value of approximately $8.15 million. The increase in shares shows that the fund remains confident in Broadcom's growth prospects.
Where Broadcom Fits in Asset Management One's Portfolio
Broadcom now accounts for 5.45% of Asset Management One's total reported portfolio, ranking it 5th among the fund's 940 holdings.
Other Institutional Activity in Broadcom
Chicago Partners Investment Group reduced its stake in Broadcom by 8,036 shares, bringing its total to 49,422 shares worth about $15.9 million. This suggests a mixed sentiment among institutional investors regarding Broadcom's stock.
Broadcom Inc. Stock Up 6.5%
Broadcom shares recently traded around $342.45, which is about equal to the closing price of $342.33 on October 27, 2026. The stock is currently below its 50-day moving average of $355.48 and its 200-day average of $367.81, indicating some challenges in the current market environment.
Recent Earnings
Broadcom reported trailing twelve-month revenue of approximately $89.1 billion and an EPS of $7.83. The next earnings report is expected on December 9, 2026, which will provide further insights into the company's performance.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
14 target raises vs 1 cuts.
-
EPS & revenue
EPS met estimates. Revenue missed estimates by 2.3%.
-
Profit surprise
EBITDA missed by 14 percent. Operating income missed by 28 percent.
-
Pre-earnings setup
Bar was high, analysts already very bullish.
-
Analyst signal
1 downgrade, 14 target raises, 1 target cut.
-
Earnings quality
Gross margin down 0.7 points. Operating margin up 10.1 points. Positive free cash flow.
Earnings Call Summary
Broadcom reported record quarterly revenue of $22.2 billion, up 48 percent from last year, driven by massive AI chip demand. AI chip sales alone hit $10.8 billion, up 143 percent, with bookings exceeding $30 billion against only $10.8 billion shipped, showing extreme customer demand. The company is executing partnerships with Google, Anthropic, OpenAI, and Meta to build large-scale AI compute clusters, with multiple gigawatt commitments starting to ramp in 2027 and beyond.
Guidance The company expects total sales of about $29.4 billion next quarter, up 84 percent year over year. Within that, AI chip sales should hit $16 billion, up over 200 percent. The company also raised its full-year AI sales target to $56 billion and reiterated guidance for 2027 AI sales to exceed $100 billion. Operating margins will stay stable at 67 percent even as the company grows.
Neutral report. Results and guidance were close to expectations, with limited evidence of a reset either way.
Dividend
Broadcom pays an annual dividend of $2.60 per share, which yields about 0.79%. The company has a dividend payout ratio of 32.4%, indicating a stable return to shareholders.
Insider Buying and Selling at Broadcom Inc.
Insiders at Broadcom have sold shares recently, including Director Justine F. Page, who sold 1,602 shares at an average price of $373.86 on June 29, 2026, totaling about $598,916. Similarly, other insiders sold significant amounts of shares earlier this year, reflecting a trend among top executives.
Analysts Set New Price Targets
On October 27, 2026, Rosenblatt maintained a Buy rating on Broadcom with a target price of $600. DA Davidson upgraded its rating to Buy with a target of $400 on the same day. The consensus among analysts is a strong Buy with a mean price target of $529.1 based on 48 opinions.
About Broadcom
Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally. The company operates in two segments: Semiconductor Solutions and Infrastructure Software, making it a key player in the technology sector.
Bottom Line
Investors should watch for Broadcom's upcoming earnings report on December 9, 2026, and any further changes in institutional holdings. The recent boost in Asset Management One's position reflects ongoing confidence in Broadcom's market potential.
Related Filing Alerts
Source: Asset Management One's 13F filing on $AVGO (Oct 27, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts