Broadcom Stock Position Lifted by Investment Firm

Thurston Springer Miller Herd & Titak Inc. significantly increased its stake in the semiconductor manufacturer.

Apr. 9, 2026 at 9:22am

An extreme close-up of highly detailed, interlocking metal gears and machinery in a dark, industrial color palette, conceptually representing the complex financial technology and infrastructure behind Broadcom's semiconductor business.A major investment firm's substantial increase in Broadcom stock reflects confidence in the semiconductor manufacturer's ability to capitalize on growth opportunities.Irvine Today

Thurston Springer Miller Herd & Titak Inc., an investment management firm, increased its position in Broadcom Inc. (NASDAQ:AVGO) by 406.1% during the fourth quarter, according to a recent SEC filing. The firm now owns 11,994 shares of the semiconductor manufacturer's stock, valued at $4,151,000.

Why it matters

This significant increase in Broadcom's institutional ownership signals that a major investment firm sees strong potential in the company's semiconductor and infrastructure software solutions, which serve a wide range of markets from communications to cloud storage.

The details

Thurston Springer Miller Herd & Titak Inc. added 9,624 shares to its Broadcom position during the fourth quarter, bringing its total holdings to 11,994 shares. Broadcom makes up about 1.4% of the firm's investment portfolio, making it the 8th largest position.

  • Thurston Springer Miller Herd & Titak Inc. increased its Broadcom stake during the fourth quarter of 2025.

The players

Thurston Springer Miller Herd & Titak Inc.

An investment management firm that significantly increased its position in Broadcom Inc. during the fourth quarter.

Broadcom Inc.

A global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets.

Got photos? Submit your photos here. ›

The takeaway

This investment by a major firm highlights the continued strong institutional interest in Broadcom, a leading semiconductor and infrastructure software provider. The increased stake signals confidence in the company's ability to capitalize on growth opportunities across its diverse product portfolio.