BNP Paribas Reduces Stake in Broadcom Inc.

Semiconductor manufacturer's stock remains a top holding for the investment firm.

Mar. 15, 2026 at 9:08am

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BNP Paribas, a major global investment firm, has reduced its stake in Broadcom Inc. (NASDAQ:AVGO) by 1.2% in the third quarter, according to a recent SEC filing. Despite the reduction, Broadcom remains one of BNP Paribas' top holdings, accounting for around 2.9% of the firm's portfolio.

Why it matters

Broadcom is a leading semiconductor company that supplies components and software solutions for a wide range of markets, including communications, enterprise storage, and networking. Institutional investors like BNP Paribas closely monitor and adjust their positions in major tech companies like Broadcom, providing insights into market sentiment and investment trends.

The details

According to the 13F filing, BNP Paribas sold 3,575 shares of Broadcom, reducing its total position to 289,865 shares. The firm's holdings in Broadcom were valued at $95,056,000 as of the end of the third quarter.

  • BNP Paribas reduced its Broadcom stake in the third quarter of 2026.

The players

BNP Paribas

A major global investment firm that has a significant stake in Broadcom Inc.

Broadcom Inc.

A leading semiconductor manufacturer that supplies components and software solutions for various markets.

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The takeaway

The reduction in BNP Paribas' Broadcom position, while relatively small, suggests that even top institutional investors are closely monitoring and adjusting their holdings in major tech companies amid market conditions and investment strategies. Broadcom's continued status as a top holding for BNP Paribas underscores the semiconductor firm's importance in the global technology landscape.