Broadcom Trims Stake in Semiconductor Business

Center For Asset Management LLC reduces holdings in Broadcom Inc. by 16.2% in Q3

Mar. 18, 2026 at 8:51am

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Center For Asset Management LLC, an institutional investor, trimmed its position in semiconductor manufacturer Broadcom Inc. (NASDAQ:AVGO) by 16.2% in the third quarter, according to a recent SEC filing. The firm sold 1,926 shares, reducing its total Broadcom holdings to 9,996 shares valued at $3,298,000.

Why it matters

Broadcom is a major player in the semiconductor industry, providing components and solutions for a wide range of markets including communications, enterprise, and cloud storage. Institutional investors closely monitor and adjust their positions in companies like Broadcom, which can provide insights into broader industry and market trends.

The details

Center For Asset Management LLC's reduced stake in Broadcom was part of a broader portfolio rebalancing, with the firm citing Broadcom as its 16th largest holding at the end of the reporting period. The sale of 1,926 shares represented a 16.2% trim to the firm's Broadcom position.

  • Center For Asset Management LLC filed the SEC report detailing the Broadcom stake reduction in the third quarter of 2026.

The players

Center For Asset Management LLC

An institutional investment firm that manages a portfolio including a position in semiconductor manufacturer Broadcom Inc.

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 Center For Asset Management LLC's Broadcom holdings reflects broader portfolio management decisions rather than a specific negative view on the semiconductor company. Institutional investors regularly adjust their positions, and this move does not necessarily signal any broader concerns about Broadcom's business or outlook.