Broadcom Inc. $AVGO is Richard C. Young & CO. LTD.'s 2nd Largest Position

The investment firm reduced its stake in the semiconductor manufacturer by 1.4% during the third quarter.

Published on Mar. 4, 2026

According to a recent SEC filing, investment firm Richard C. Young & CO. LTD. reduced its position in Broadcom Inc. (NASDAQ:AVGO) by 1.4% during the third quarter. Broadcom remains the firm's second-largest holding, making up about 4.1% of its total portfolio. Several other institutional investors and hedge funds have also adjusted their Broadcom holdings in recent quarters.

Why it matters

Broadcom is a major semiconductor manufacturer with a diverse product portfolio spanning networking, storage, and wireless technologies. As a large institutional investor, changes in Richard C. Young & CO. LTD.'s Broadcom position can provide insight into broader market sentiment and investment trends around the stock.

The details

According to the SEC filing, Richard C. Young & CO. LTD. sold 1,969 shares of Broadcom during the third quarter, reducing its total position to 134,653 shares. The firm's Broadcom holdings were valued at $44.4 million at the end of the reporting period. Several other major investors, including JCIC Asset Management, Longfellow Investment Management, and Manning & Napier Advisors, have also made adjustments to their Broadcom positions in recent quarters.

  • Richard C. Young & CO. LTD. filed its most recent 13F report covering the third quarter of 2026.

The players

Richard C. Young & CO. LTD.

An investment firm 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

The reduction in Richard C. Young & CO. LTD.'s Broadcom position, while relatively small, could signal broader market uncertainty around the semiconductor industry or the stock specifically. However, Broadcom remains a core holding for the firm, underscoring the company's continued importance in the investment landscape.