Broadcom Inc. $AVGO is Foyston Gordon & Payne Inc's 3rd Largest Position

Institutional investor reduces stake in semiconductor manufacturer

Published on Mar. 3, 2026

Got story updates? Submit your updates here. ›

Foyston Gordon & Payne Inc, an institutional investor, reduced its position in Broadcom Inc. (NASDAQ:AVGO) by 7.6% in the 3rd quarter. The firm now owns 90,759 shares of the semiconductor manufacturer's stock, making it Broadcom's 3rd largest position and accounting for approximately 6.5% of Foyston Gordon & Payne Inc's portfolio.

Why it matters

Broadcom is a major semiconductor manufacturer, and changes in institutional ownership of its stock can provide insights into investor sentiment and market trends around the company. Foyston Gordon & Payne Inc's reduced stake suggests they may have concerns about Broadcom's outlook or valuation.

The details

According to a 13F filing with the SEC, Foyston Gordon & Payne Inc sold 7,437 shares of Broadcom stock in the 3rd quarter, reducing its total position to 90,759 shares. Broadcom makes up approximately 6.5% of Foyston Gordon & Payne Inc's portfolio, making it the firm's 3rd largest holding.

  • Foyston Gordon & Payne Inc reduced its Broadcom position in the 3rd quarter of 2026.

The players

Foyston Gordon & Payne Inc

An institutional investor that owns a significant stake in Broadcom Inc.

Broadcom Inc.

A global technology company that designs, develops and supplies semiconductor and infrastructure software solutions.

Got photos? Submit your photos here. ›

The takeaway

Foyston Gordon & Payne Inc's reduced stake in Broadcom suggests potential concerns about the semiconductor manufacturer's outlook or valuation, which could signal broader investor sentiment around the company. However, Broadcom remains a major position for the institutional investor, indicating it still sees long-term value in the stock.