Cliftonlarsonallen Wealth Advisors 13F: Exits AVGO Stake

Cliftonlarsonallen Wealth Advisors completely exited its investment in Broadcom Inc. (NasdaqGS: AVGO) according to a Form 13F filing disclosed with the SEC on October 14, 2026. Institutional holdings reports are backward-looking and reflect positions at the close of the reporting quarter, meaning they may not represent the investor's current holdings today.

Inside Cliftonlarsonallen Wealth Advisors's Broadcom Trade

The firm sold out of the semiconductor giant entirely, cutting its stake by 12,243 shares to leave its ending position at zero. Prior to the complete exit, the firm held 12,243 shares. Because this move represents a full liquidation, the position was completely closed out during the quarter.

Other Institutional Activity in Broadcom

While some smaller firms exited, major institutional investors adjusted their holdings around the same time. Blackrock Inc. grew its holdings by 12,272,921 shares, ending with 398,213,826 shares worth about $130,912,795,297. Vanguard Capital Management LLC grew its holdings by 1,139,707 shares, ending with 309,168,582 shares worth about $101,639,171,332. State Street Corporation grew its holdings by 5,511,990 shares, ending with 196,900,541 shares worth about $64,731,052,853. FMR, LLC grew its holdings by 20,243,298 shares, ending with 144,359,173 shares worth about $47,458,078,123. Meanwhile, Vanguard Portfolio Management LLC trimmed its holdings by 1,425,540 shares, ending with 127,001,513 shares worth about $41,751,747,398.

Broadcom Inc. Stock Down 4.4%

Broadcom shares recently traded around $330.93 as of October 16, 2026. The stock sits about 10.0% below its 50-day moving average of $367.56 and roughly 33.1% below its 52-week high of $495.00.

Recent Earnings

Broadcom reported trailing-twelve-month revenue of $89,103,998,976 alongside earnings of $7.59 per share. The company posted a net profit margin of 42.9% and a return on equity of 44.2%. Its year-over-year revenue growth reached 85.5%. The company's next earnings report is scheduled for December 9, 2026.

Dividend

Broadcom pays an annual dividend yielding 0.76% backed by a dividend payout ratio of 32.4%.

Insider Buying and Selling at Broadcom Inc.

Company insiders also made transactions ahead of the filing. Director Justine F. Page sold 1,602 shares on June 29, 2026, at an average price of $373.86 for a total value of $598,916. Director Gayla J. Delly sold 1,890 shares on July 8, 2026, at $385.38 each for a total of $728,368. Officer Mark David Brazeal sold 25,000 shares on July 8, 2026, at $379.19 per share, totaling $9,479,700, and followed up by selling another 25,000 shares on July 10, 2026, at $401.33 for a total of $10,033,225.

Analysts Set New Price Targets

Wall Street analysts continue to monitor the semiconductor provider closely. On September 3, 2026, Macquarie upgraded the stock to an Outperform rating with a $490.00 price target. On the same day, Raymond James maintained its Outperform rating and raised its target to $475.00. Citigroup maintained a buy rating on September 4, 2026, lifting its target to $515.00, while DA Davidson maintained a neutral rating on September 4, 2026, lowering its target to $350.00. Piper Sandler initiated coverage on September 10, 2026, with an Overweight rating and a $460.00 price target. Across 47 analyst opinions, the stock currently holds a consensus strong buy rating with a mean price target of $527.59.

About Broadcom

Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally. The company operates in two segments: Semiconductor Solutions and Infrastructure Software.

Bottom Line

Watch for Broadcom's upcoming earnings release on December 9, 2026, for fresh updates on company performance. Remember that 13F filings are historical snapshots and may not reflect current holdings.