Bell Asset Management Ltd Sells 11,033 Shares of Broadcom Inc.

Institutional investor reduces stake in semiconductor manufacturer

Published on Mar. 9, 2026

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Bell Asset Management Ltd reduced its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 34.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,121 shares of the semiconductor manufacturer's stock after selling 11,033 shares.

Why it matters

Broadcom is a major semiconductor company, and changes in institutional ownership can signal shifts in investor sentiment and confidence in the stock. The reduction in Bell Asset Management's position may indicate broader concerns about Broadcom's performance or outlook.

The details

According to the filing, Bell Asset Management Ltd's holdings in Broadcom were worth $6,968,000 at the end of the most recent reporting period. The institutional investor cited the 34.3% reduction in its Broadcom position during the 3rd quarter.

  • Bell Asset Management Ltd reduced its Broadcom position during the 3rd quarter of the year.

The players

Bell Asset Management Ltd

An institutional investor that reduced its stake in Broadcom Inc. by 34.3% in the 3rd quarter.

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 Bell Asset Management's Broadcom position suggests potential concerns about the semiconductor manufacturer's performance or outlook, though the reasons behind the move are not entirely clear from the limited information provided. Investors will likely watch for any further changes in institutional ownership of Broadcom stock.