Cadence Bank Cuts Stake in Broadcom Inc.

Institutional investor reduces position in semiconductor giant

Mar. 14, 2026 at 7:35am

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Cadence Bank, a financial institution, decreased its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 3.6% in the 3rd quarter, according to the company's recent filing with the Securities & Exchange Commission. Cadence Bank now owns 221,053 shares of the semiconductor manufacturer's stock, which makes up approximately 4.4% of the bank's investment portfolio.

Why it matters

Broadcom is a major semiconductor company that produces a wide range of chips and components used in various electronic devices. Institutional investors like Cadence Bank closely monitor and adjust their holdings in Broadcom, which can provide insights into market sentiment and expectations around the company's performance.

The details

According to the filing, Cadence Bank sold 8,237 shares of Broadcom stock during the 3rd quarter, reducing its total position to 221,053 shares. The bank cited portfolio rebalancing and risk management as reasons for the stake reduction. Broadcom remains one of Cadence Bank's largest holdings, accounting for 4.4% of its total investment portfolio.

  • Cadence Bank reduced its Broadcom stake in the 3rd quarter of 2026.

The players

Cadence Bank

A financial institution that owns a significant stake in Broadcom Inc.

Broadcom Inc.

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

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The takeaway

Cadence Bank's reduction in its Broadcom position suggests the bank may have concerns about the semiconductor company's near-term performance or market conditions. However, Broadcom remains a core holding for the bank, indicating its long-term confidence in the company's prospects.