PFG Advisors Boosts Holdings in Broadcom Inc. $AVGO

Institutional investor increased stake in semiconductor manufacturer by 5.1% in Q3

Published on Mar. 9, 2026

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PFG Advisors, an institutional investor, increased its position in Broadcom Inc. (NASDAQ:AVGO) by 5.1% during the third quarter, according to a recent SEC filing. The firm now owns 60,669 shares of the semiconductor manufacturer's stock, worth approximately $20 million.

Why it matters

Broadcom is a major semiconductor company that produces a wide range of chips and infrastructure software solutions. Institutional investors like PFG Advisors increasing their stakes in the company signals confidence in Broadcom's long-term growth prospects.

The details

According to the SEC filing, PFG Advisors purchased an additional 2,964 shares of Broadcom during the third quarter, bringing its total position to 60,669 shares. Broadcom makes up approximately 0.8% of PFG Advisors' overall holdings, making it the firm's 16th largest position.

  • PFG Advisors increased its Broadcom stake during the third quarter of 2026.

The players

PFG Advisors

An institutional investor that manages a portfolio of stocks and other assets.

Broadcom Inc.

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

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The takeaway

PFG Advisors' increased stake in Broadcom suggests the institutional investor sees long-term growth potential in the semiconductor manufacturer, which is a positive sign for the company's future performance.