D1 Capital Partners L.P. 13F: Adds $234M to Broadcom (AVGO) Stake
D1 Capital Partners has increased its holdings in Broadcom, reflecting strong confidence in the semiconductor firm.
Reviewed by automated data checks against the source filing. How we make and check alerts
D1 Capital Partners L.P. added 622,947 shares to its stake in Broadcom Inc. ($AVGO), a 173.74% increase, according to a 13F filing with the SEC dated May 15, 2026. It reported 981,495 shares worth $368.65 million at the end of the quarter.
Since the filing, $AVGO is down 2.6% after 1 week, down 7.3% after 1 month and down 22.4% to date (from the $423.75 close on May 15, 2026).
Find the original: D1 Capital Partners L.P. 13F filings on SEC EDGAR
AVGO
Broadcom Inc.
Key Points
- D1 Capital Partners boosted its position in Broadcom by 622,947 shares, bringing its total to 981,495 shares valued at about $368.7 million as of May 15, 2026.
- Broadcom's stock trades at $375.61, up from the prior close of $346.25, showing continued strength near its 52-week high of $495.00.
- Analysts rate Broadcom as a 'strong buy' with a consensus price target of $527.59, indicating potential upside from current levels.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Broadcom Inc. alert may contain errors. Disclosures
D1 Capital Partners L.P. has boosted its stake in Broadcom Inc. (AVGO) by 622,947 shares, now holding 981,495 shares valued at approximately $368.7 million. This change reflects a 173.7% increase from its previous total of 358,548 shares as of May 15, 2026, according to the latest Form 13F filing with the SEC.
What Changed in D1 Capital Partners' Broadcom Position
D1 Capital Partners added 622,947 shares to its holdings in Broadcom, increasing its total from 358,548 to 981,495 shares. The fund's cost basis for these shares is $323.48.
Other Institutional Activity in Broadcom
Several other institutional investors have also been active in Broadcom. Blackrock Inc. grew its holdings by 12,272,921 shares, now owning 398,213,826 shares worth about $131.7 billion. Vanguard Capital Management LLC added 1,139,707 shares, bringing its total to 309,168,582 shares valued at approximately $102.3 billion. State Street Corporation increased its stake by 5,511,990 shares, ending with 196,900,541 shares valued at around $65.1 billion. FMR, LLC saw a more significant change, adding 20,243,298 shares, for a total of 144,359,173 shares worth about $47.7 billion.
Broadcom Inc. Stock Up 8.5%
Broadcom shares are currently trading at $375.61, significantly above its 50-day moving average of $367.56, showing a positive trend. The stock is also close to its 52-week high of $495.00, reflecting a solid demand for its semiconductor products. The company's market cap stands around $1.64 trillion, affirming its position as a leader in the technology sector.
Recent Earnings
In its latest earnings report, Broadcom reported revenue of approximately $89.1 billion, with a revenue growth rate of 85.5%. The earnings per share (EPS) stood at $7.59, and the company maintains a strong net margin of about 42.9%. The next earnings report is expected on December 9, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
14 target raises vs 1 cuts.
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EPS & revenue
EPS met estimates. Revenue missed estimates by 2.3%.
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Profit surprise
EBITDA missed by 14 percent. Operating income missed by 28 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
1 downgrade, 14 target raises, 1 target cut.
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Earnings quality
Gross margin down 0.7 points. Operating margin up 10.1 points. Positive free cash flow.
Earnings Call Summary
Broadcom reported record quarterly revenue of $22.2 billion, up 48 percent from last year, driven by massive AI chip demand. AI chip sales alone hit $10.8 billion, up 143 percent, with bookings exceeding $30 billion against only $10.8 billion shipped, showing extreme customer demand. The company is executing partnerships with Google, Anthropic, OpenAI, and Meta to build large-scale AI compute clusters, with multiple gigawatt commitments starting to ramp in 2027 and beyond.
Guidance The company expects total sales of about $29.4 billion next quarter, up 84 percent year over year. Within that, AI chip sales should hit $16 billion, up over 200 percent. The company also raised its full-year AI sales target to $56 billion and reiterated guidance for 2027 AI sales to exceed $100 billion. Operating margins will stay stable at 67 percent even as the company grows.
Neutral report. Results and guidance were close to expectations, with limited evidence of a reset either way.
Analysts Set New Price Targets
On September 10, 2026, Piper Sandler initiated coverage with an 'Overweight' rating and a target price of $460.00. Citigroup maintained a 'Buy' rating with a price target upgrade to $515.00 on September 4, 2026, while DA Davidson rated the stock as 'Neutral' with a target of $350.00. Additionally, Macquarie upgraded its rating to 'Outperform' with a target of $490.00 on the same day.
About Broadcom Inc.
Broadcom Inc. designs and supplies a variety of semiconductor devices and software solutions for different industries. Its products are essential in various technologies, making it a key player in the semiconductor market. The recent increase in investment by D1 Capital Partners may indicate strong confidence in Broadcom's future growth.
Bottom Line
Investors should watch for Broadcom's next earnings report on December 9, 2026, for insights on its performance. As a reminder, D1 Capital Partners' 13F filing shows its holdings as of May 15, 2026, which may not reflect current positions.
Related Filing Alerts
Source: D1 Capital Partners L.P.'s 13F filing on $AVGO (May 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: D1 Capital Partners L.P. 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts