Asset Allocation Firm Trims Broadcom Stake

Investment company reduces holding in semiconductor giant by over 40%

Mar. 29, 2026 at 7:20am

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Asset Allocation & Management Company LLC decreased its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 41.6% during the 4th quarter, according to the company's latest SEC filing. The firm now owns 4,728 shares of the semiconductor manufacturer's stock, down from 8,098 shares previously.

Why it matters

Broadcom is a major player in the semiconductor industry, so changes to its institutional investor base can provide insights into market sentiment around the company and the broader tech sector.

The details

Asset Allocation & Management Company LLC sold 3,370 Broadcom shares during the fourth quarter, reducing its position by over 40%. The firm's remaining 4,728 Broadcom shares make up about 0.7% of its total portfolio.

  • The transactions occurred during the fourth quarter of 2025.
  • Asset Allocation & Management Company LLC filed the 13F report disclosing the changes on March 29, 2026.

The players

Asset Allocation & Management Company LLC

An investment management firm that oversees a portfolio of stocks, bonds, and other assets for its clients.

Broadcom Inc.

A global semiconductor and infrastructure software company that designs, develops and supplies a broad range of products for the wired and wireless communications, enterprise storage, and industrial markets.

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The takeaway

The reduction in Broadcom holdings by Asset Allocation & Management Company LLC suggests the firm may have concerns about the semiconductor company's near-term prospects, though Broadcom remains a sizable position in the investment manager's portfolio.