Mackenzie Financial Corp Boosts Broadcom Inc. Stake by 9.6%

Institutional investor now owns over 2.5 million shares of semiconductor manufacturer

Mar. 11, 2026 at 10:51am

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Mackenzie Financial Corp, an institutional investor, increased its position in Broadcom Inc. (NASDAQ:AVGO) by 9.6% during the third quarter, according to a recent SEC filing. The firm now owns 2,577,275 shares of the semiconductor manufacturer's stock, valued at approximately $850,269,000 and making up about 1% of Mackenzie Financial's total holdings.

Why it matters

Broadcom is a major semiconductor company that produces a wide range of components and systems used in various industries. Institutional investors like Mackenzie Financial closely monitor and adjust their positions in Broadcom, which can provide insights into the stock's performance and outlook.

The details

According to the filing, Mackenzie Financial purchased an additional 225,481 shares of Broadcom during the third quarter, increasing its total position to 2,577,275 shares. This makes Broadcom the 20th largest holding in Mackenzie Financial's portfolio. The firm now owns approximately 0.05% of Broadcom's outstanding shares.

  • Mackenzie Financial increased its Broadcom stake during the third quarter of 2026.

The players

Mackenzie Financial Corp

An institutional investor and asset management firm.

Broadcom Inc.

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

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The takeaway

Mackenzie Financial's increased stake in Broadcom suggests the institutional investor sees long-term value in the semiconductor manufacturer's business and growth prospects. This move aligns with broader trends of institutional investors closely monitoring and adjusting their positions in major technology companies.