Simon Quick Advisors 13F: Adds $1.7M to Broadcom (AVGO) Stake
Key Points
- Simon Quick Advisors raised its holdings in Broadcom by 4,828 shares, resulting in a total of 26,623 shares worth about $9.35 million.
- The fund's position in Broadcom now represents 0.7% of its total reported portfolio, ranking 27th among its 455 holdings.
- Broadcom shares recently traded around $329.28, which is about equal to the closing price of $329.17 on October 26, 2026.
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On October 26, 2026, Simon Quick Advisors increased its stake in Broadcom Inc. (AVGO) by 4,828 shares, bringing its total to 26,623 shares worth about $9.35 million. This information comes from the fund's latest Form 13F filing with the SEC.
AVGO
Broadcom Inc.
What Changed in Simon Quick Advisors' Broadcom Position
Simon Quick Advisors boosted its holdings by 4,828 shares, marking a 22.15% increase. The reported value of this position is approximately $9.35 million, reflecting the fund's ongoing confidence in Broadcom.
Where Broadcom Fits in Simon Quick Advisors' Portfolio
Broadcom now accounts for 0.7% of Simon Quick Advisors' total reported portfolio, ranking 27th out of 455 positions.
Other Institutional Activity in Broadcom
Midwest Trust reduced its position in Broadcom by 37,041 shares, ending with 497,152 shares valued at about $174.6 million. Perigon Wealth Management also decreased its holdings, selling 9,926 shares for a total of 147,532 shares worth approximately $51.8 million. In contrast, Bernardo Wealth Planning increased its stake by 3,899 shares, bringing its total to 7,022 shares valued at about $2.47 million.
Broadcom Inc. Stock Up 2.4%
Broadcom shares recently traded around $329.28, which is about equal to the closing price of $329.17 on October 26, 2026. The stock is currently below its 50-day and 200-day moving averages, indicating some weakness in price momentum.
Recent Earnings
Broadcom reported trailing twelve-month revenue of approximately $89.1 billion and an EPS of $7.83. The next earnings report is scheduled for December 9, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
14 target raises vs 1 cuts.
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EPS & revenue
EPS met estimates. Revenue missed estimates by 2.3%.
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Profit surprise
EBITDA missed by 14 percent. Operating income missed by 28 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
1 downgrade, 14 target raises, 1 target cut.
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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.
Insider Buying and Selling at Broadcom Inc.
Several insiders sold shares earlier in the year, including Mark David Brazeal, who sold 25,000 shares on July 10, 2026, for about $10.03 million. Justine F. Page, a Director, sold 1,602 shares on June 29, 2026, for approximately $598,916.
Analysts Set New Price Targets
On October 22, 2026, Tigress Financial initiated coverage on Broadcom with a Buy rating and a price target of $600. The consensus recommendation is a strong buy, with a mean price target of $529.1 based on 48 analyst opinions.
About Broadcom
Broadcom Inc. designs and supplies semiconductor devices and infrastructure software solutions globally. The company operates in two segments: Semiconductor Solutions and Infrastructure Software. This boost in Simon Quick Advisors' stake highlights growing interest in Broadcom's strong market position and potential for future growth.
Bottom Line
Investors should keep an eye on Broadcom's upcoming earnings report on December 9, 2026, and watch for further institutional activity in the stock. Simon Quick Advisors' recent boost in holdings suggests confidence in the company's continued performance.
Related Filing Alerts
Source: Simon Quick Advisors's 13F filing on $AVGO (Oct 26, 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