American Century Companies Inc. Increases Stake in Broadcom Inc.

Investment firm adds over 240,000 shares of semiconductor giant to portfolio

Mar. 3, 2026 at 1:47am

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American Century Companies Inc., an institutional investor, increased its stake in Broadcom Inc. (NASDAQ:AVGO) by 2.9% in the third quarter, according to a recent SEC filing. The firm now owns 8,520,266 shares of the semiconductor manufacturer's stock, making it one of Broadcom's largest shareholders.

Why it matters

Broadcom is a major player in the semiconductor industry, providing components and solutions for a wide range of markets including communications, enterprise storage, and broadband access. American Century's increased investment signals their confidence in Broadcom's long-term growth potential.

The details

American Century Companies Inc. added 241,528 shares of Broadcom to its portfolio during the third quarter, bringing its total ownership to approximately 0.18% of the company. Broadcom comprises 1.4% of American Century's total assets under management.

  • American Century Companies Inc. disclosed the increased stake in Broadcom in a filing with the SEC on March 1, 2026.

The players

American Century Companies Inc.

An investment management firm that oversees over $2 trillion in assets for individual and institutional clients worldwide.

Broadcom Inc.

A global technology company that designs, develops, and supplies semiconductor and infrastructure software solutions for a broad range of markets.

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The takeaway

American Century's increased stake in Broadcom reflects the investment firm's confidence in the semiconductor company's long-term growth prospects. As one of Broadcom's largest shareholders, American Century's investment decision could signal positive sentiment around the company's future performance.