In a significant portfolio shift, Whale Rock Capital reduced its holding in Broadcom (AVGO) by nearly 92% during the second quarter of 2026. According to its quarterly 13F filing, which discloses positions held as of June 30, 2026, the firm sold an estimated $255.87 million worth of the semiconductor giant's stock. This reduced Broadcom's weight in Whale Rock's reported portfolio from 2.95% to just 0.18%.
This disclosure provides a delayed look at the firm's trading activity, as 13F filings are submitted to the SEC weeks after the end of a quarter. The sale occurred during a period of strong performance for Broadcom, which reported record revenue driven by AI demand. [2, 3] Public analysis of Whale Rock's filing suggests the move may have been part of a broader rotation within the AI semiconductor sector, as the firm also significantly cut its Nvidia position while increasing its stake in AMD. [15]