Berry Wealth Group Reduces Broadcom Holdings

Wealth management firm cuts stake in semiconductor giant by 75% in Q3

Published on Mar. 6, 2026

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Berry Wealth Group LP reduced its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 75% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 11,533 shares of the semiconductor manufacturer's stock, down from 46,196 shares previously.

Why it matters

Broadcom is a major player in the semiconductor industry, providing components and solutions for a wide range of markets. Changes in institutional ownership of the stock can provide insights into investor sentiment and market trends around the company.

The details

According to the 13F filing, Berry Wealth Group's holdings in Broadcom were worth $3.81 million at the end of the third quarter, down from $15.24 million in the prior quarter. The firm cited unspecified portfolio rebalancing as the reason for the reduced stake in the semiconductor company.

  • Berry Wealth Group filed its 13F report for the third quarter of 2026 on March 6, 2026.

The players

Berry Wealth Group LP

A wealth management firm that manages investments for its clients.

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

The reduction in Berry Wealth Group's Broadcom holdings reflects broader portfolio adjustments, but does not necessarily indicate a negative outlook on the semiconductor company. Investors will continue to monitor institutional ownership and trading activity around Broadcom as a gauge of market sentiment.