A Mixture of Components Lifted Broadcom (AVGO) in Q2
Impax Asset Administration, an funding administration firm, launched its “Impax US Sustainable Economic system Fund” second quarter 2025 investor letter. A duplicate of the letter may be downloaded right here. In 2025’s second quarter, tariffs triggered market declines and recession fears, however a pause in tariffs sparked a historic rally as earnings remained resilient. Within the second quarter of 2025, the fund underperformed the Russell 1000 benchmark. As well as, you’ll be able to test the fund’s high 5 holdings to find out its finest picks for 2025.
In its second-quarter 2025 investor letter, Impax US Sustainable Economic system Fund highlighted shares corresponding to Broadcom Inc. (NASDAQ:AVGO). Broadcom Inc. (NASDAQ:AVGO) designs and develops varied semiconductor and infrastructure software program options. The one-month return of Broadcom Inc. (NASDAQ:AVGO) was 5.41%, and its shares gained 114.96% of their worth over the past 52 weeks. On August 5, 2025, Broadcom Inc. (NASDAQ:AVGO) inventory closed at $292.93 per share, with a market capitalization of $1.378 trillion.
Impax US Sustainable Economic system Fund said the next concerning Broadcom Inc. (NASDAQ:AVGO) in its second quarter 2025 investor letter:
“Broadcom Inc. (NASDAQ:AVGO) (Data Expertise, Semiconductors) provides power environment friendly knowledge heart compute options which, along with requiring much less power, facilitate broader financial participation by making connectivity extra equitable. Inventory returns in Q2 had been pushed by a mixture of robust earnings, excessive demand for AI knowledge facilities, involvement within the customized application-specific built-in circuit (ASIC) chip market, and optimistic market sentiment.”
A technician working at a magnified microscope, growing a brand new built-in circuit.
Broadcom Inc. (NASDAQ:AVGO) is in twelfth place on our record of 30 Most In style Shares Amongst Hedge Funds. As per our database, 158 hedge fund portfolios held Broadcom Inc. (NASDAQ:AVGO) on the finish of the primary quarter, in comparison with 161 within the earlier quarter. Within the fiscal second quarter of 2025, Broadcom Inc. (NASDAQ:AVGO) reported document income of $15 billion, up 20% year-over-year. Whereas we acknowledge the potential of Broadcom Inc. (NASDAQ:AVGO) as an funding, we consider sure AI shares provide larger upside potential and carry much less draw back threat. When you’re searching for an especially undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring pattern, see our free report on the finest short-term AI inventory.
In one other article, we coated Broadcom Inc. (NASDAQ:AVGO) and shared the record of finest shares to purchase for the subsequent 6 months. As well as, please take a look at our hedge fund investor letters Q2 2025 web page for extra investor letters from hedge funds and different main traders.