Broadcom Inc. $AVGO Holdings Lowered by Twin Peaks Capital Ltd

Posted by Stanley Muller on Nov 10th, 2026

Twin Peaks Capital Ltd reduced its position in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 62.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,500 shares of the semiconductor manufacturer’s stock after selling 12,500 shares during the quarter. Broadcom comprises approximately 1.5% of Twin Peaks Capital Ltd’s investment portfolio, making the stock its 8th largest position. Twin Peaks Capital Ltd’s holdings in Broadcom were worth $2,634,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AVGO. Legal & General Group Plc acquired a new stake in shares of Broadcom in the second quarter valued at about $11,998,148,000. Bank of New York Mellon Corp purchased a new position in shares of Broadcom in the second quarter worth about $10,528,191,000. Jupiter Topco LLC acquired a new position in Broadcom during the second quarter worth about $7,396,271,000. State Street Corp boosted its position in Broadcom by 8.7% during the second quarter. State Street Corp now owns 208,031,610 shares of the semiconductor manufacturer’s stock worth $75,367,711,000 after acquiring an additional 16,651,378 shares during the last quarter. Finally, Deutsche Bank AG acquired a new position in Broadcom during the second quarter worth about $5,661,216,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: A broader recovery in AI and chip shares helped lift Broadcom after concerns about data-center expansion and AI regulation contributed to the recent sell-off. Falling oil prices also supported the wider market. Why is Broadcom stock surging?
Positive Sentiment: Coverage of Google’s large chip-spending forecast renewed focus on Broadcom’s role in custom AI chips. Broadcom is developing custom processors that could help Google and OpenAI meet AI-computing needs beyond reliance on GPUs. The Real Winner of Google’s Chip Forecast: Broadcom
Positive Sentiment: Several investment articles argued that Broadcom’s AI and custom-chip prospects could support substantial upside, despite its recent share-price weakness. These are bullish opinions, not company guidance. Broadcom: Despite Two Fearful Narratives, Big Healthy Upside
Neutral Sentiment: Broadcom said it will report fourth-quarter and fiscal 2026 results after the market closes on December 9. The date sets a potential upcoming catalyst but provides no new financial results. Broadcom earnings announcement
Neutral Sentiment: Broadcom contributed its VM API project to the Cloud Native Computing Foundation Sandbox, an open-source ecosystem development that may support its software presence but is not an immediate earnings catalyst. Broadcom contributes VM API project to CNCF
Negative Sentiment: Risks remain: articles cited margin pressure and a sizable financing structure as concerns, while debate over data-center permitting, policy and AI infrastructure debt could weigh on the chip trade. That makes the recent recovery vulnerable if investor concerns return. Broadcom analyst outlook and risks

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Broadcom in a report on Thursday, September 3rd. William Blair cut Broadcom from an “outperform” rating to a “market perform” rating in a report on Tuesday, October 27th. Bank of America dropped their price target on Broadcom from $530.00 to $460.00 and set a “buy” rating for the company in a research report on Thursday, September 3rd. TD Cowen restated a “buy” rating and issued a $475.00 price target (down from $500.00) on shares of Broadcom in a research report on Thursday, September 3rd. Finally, Royal Bank Of Canada assumed coverage on Broadcom in a research report on Thursday, September 3rd. They set an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $530.52.

Check Out Our Latest Stock Report on Broadcom

Broadcom Price Performance

Shares of AVGO stock opened at $319.48 on Tuesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.29. The firm’s 50-day moving average is $346.90 and its two-hundred day moving average is $366.13. Broadcom Inc. has a 12 month low of $289.77 and a 12 month high of $495.00. The company has a market capitalization of $1.53 trillion, a PE ratio of 40.80 and a beta of 1.49.

Broadcom (NASDAQ:AVGO – Get Free Report) last posted its earnings results on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share for the quarter, beating the consensus estimate of $3.22 by $0.10. Broadcom had a net margin of 42.94% and a return on equity of 48.33%. The company had revenue of $29.59 billion for the quarter, compared to analyst estimates of $29.24 billion. During the same period in the previous year, the business posted $1.69 EPS. Broadcom’s revenue was up 85.5% on a year-over-year basis. Analysts predict that Broadcom Inc. will post 10.37 earnings per share for the current year.

Broadcom Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st were paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, September 21st. Broadcom’s dividend payout ratio (DPR) is 33.21%.

Broadcom Profile

(Free Report)

Broadcom Inc is a global technology company that designs and supplies semiconductor products and infrastructure software. Its semiconductor portfolio includes chips and components used in networking, broadband communications, wireless connectivity, data storage, and industrial applications. The company serves businesses across a range of industries, including communications, enterprise technology, and consumer electronics.

Broadcom also provides infrastructure software, including products for virtualization, cloud computing, cybersecurity, and enterprise operations.