Silvercrest Asset Management Group 13F: Adds $6.8M to AVGO Stake
Silvercrest Asset Management Group grew its investment in Broadcom Inc. by 18,132 shares during the period covered by its recent SEC filing.
Reviewed by automated data checks against the source filing. How we make and check alerts
Silvercrest Asset Management Group added 18,132 shares to its stake in Broadcom Inc. ($AVGO), a 2.17% increase, according to a 13F filing with the SEC dated May 15, 2026. It reported 852,991 shares worth $320.39 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: Silvercrest Asset Management Group 13F filings on SEC EDGAR
AVGO
Broadcom Inc.
Key Points
- Silvercrest Asset Management Group expanded its stake in Broadcom Inc. (NasdaqGS: AVGO) by 2.1% during the reporting period, picking up 18,132 additional shares to reach a total of 852,991 shares.
- The newly reported position in Broadcom carries an estimated value of $320.3 million based on filing disclosures.
- Broadcom shares trade alongside a strong buy consensus from Wall Street analysts and a mean price target of $527.59.
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Silvercrest Asset Management Group Expands Broadcom Holding
Silvercrest Asset Management Group increased its exposure to Broadcom Inc. (NasdaqGS: AVGO), according to a Form 13F filing filed with the Securities and Exchange Commission. The firm lifted its holdings by adding 18,132 shares during the period. That move marked a 2.1% increase, bringing the total position to 852,991 shares. The value of the investment reached roughly $320.3 million at the close of the period.
Because 13F filings look backward at past quarters, this snapshot reflects holdings as of May 15, 2026, and may not represent the firm's current position today.
Broadcom Stock Performance and Market Position
The semiconductor giant has seen active trading around its key moving averages, with shares changing hands near $375.61 on Saturday. Broadcom maintains a market capitalization exceeding $1.64 trillion and carries a forward P/E ratio of 17.75. The stock trades well within its 52-week boundaries, far above its low of $289.96.
Recent Earnings Results
Broadcom reported annual revenue of $89.10 billion alongside a net profit margin of 42.9%. The company generated earnings of $7.59 per share with a return on equity of 44.2%. Its next quarterly financial update is scheduled for 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.
Dividend Commitments
Income-focused investors collect a dividend yield of 0.76%, supported by an annual payout rate. The company allocates roughly 32.4% of its earnings toward covering these shareholder distributions.
Insider Buying and Selling at Broadcom Inc.
Company insiders executed trades in June 2026. On June 17, 2026, insider Henry Samueli acquired 1,602 shares and disposed of an equal number of 1,602 shares. Shortly after, on June 18, 2026, Samueli disposed of an additional 1,890 shares.
Wall Street Analyst Updates
Analyst firms continue to evaluate Broadcom's growth path in the technology sector. On September 10, 2026, Piper Sandler initiated coverage with an Overweight rating and a $460.00 price target. Citigroup reiterated a Buy rating on September 4, 2026, lifting its target from $500.00 to $515.00. DA Davidson maintained a Neutral rating on September 4, 2026, adjusting its price target down to $350.00 from $400.00. Macquarie upgraded the stock to Outperform with a $490.00 target on September 3, 2026. Raymond James maintained an Outperform rating on September 3, 2026, raising its target to $475.00 from $450.00. Evercore ISI Group kept an Outperform rating with a $578.00 target on September 3, 2026. TD Cowen maintained a Buy rating on September 3, 2026, moving its target to $475.00 from $500.00. Truist Securities maintained a Buy rating on September 3, 2026, setting a $520.00 target down from $550.00. Across 47 analyst opinions, the stock holds a consensus recommendation of Strong Buy and a mean price target of $527.59.
Understanding Broadcom Inc.
Headquartered in Palo Alto, California, Broadcom designs and supplies a broad suite of semiconductor devices and infrastructure software. Its hardware products range from networking chips and wireless components to server storage solutions. The company also offers enterprise cloud computing, mainframe management, and cybersecurity tools utilized heavily in modern data centers.
What to Watch at Broadcom Inc.
Market participants tracking Silvercrest Asset Management Group will need to review subsequent quarterly filings to see whether the firm continues adding to its position or shifts direction. The company's next quarterly earnings report is set for December 9, 2026.
Related Filing Alerts
Source: Silvercrest Asset Management Group'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: Silvercrest Asset Management Group 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts