By Bailey Pemberton
Publication Date: 2026-08-18 22:10:00
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Hedge funds trimmed or exited positions in Broadcom (NasdaqGS: AVGO) in Q2 2026, rotating capital into other large semiconductor and tech stocks.
Duquesne Family Office and Altimeter Capital shifted exposure toward companies such as Amazon, TSMC, and Lam Research.
Managers cited concerns around Broadcom’s valuation, customer concentration, and margin pressures despite strong AI semiconductor revenue growth.
The repositioning highlights a rise in institutional caution on Broadcom compared with peers that have more diversified growth profiles.
For readers comparing where institutional money is moving within chips and cloud infrastructure, the next logical step is to review 56 AI infrastructure stocks.
Broadcom is a US semiconductor and infrastructure software…
