Institutional investors identified by Vickers showed strong buying interest in semiconductor leaders Broadcom and Nvidia on February 27, 2026, while major selling pressure emerged in energy and financial sectors. The activity reflects shifting allocations amid ongoing market volatility and macroeconomic reassessment.
- Broadcom (AVGO) recorded $1.4 billion in net institutional purchases on February 27, 2026.
- Nvidia (NVDA) saw $980 million in institutional buying, driven by AI demand.
- Exxon Mobil (XOM) led selling with $630 million in net outflows.
- JPMorgan Chase (JPM) posted $510 million in net institutional sell-offs.
- Total net buying in tech equities reached $2.38 billion, accounting for 68% of daily inflows.
- Market indices reflected sector rotation: Nasdaq rose 0.7%, while energy and financial ETFs declined.
Broadcom Inc. (AVGO) emerged as the top institutional buyer on February 27, 2026, with $1.4 billion in net purchases reported across 12 major funds. The surge followed the company’s announcement of a new AI-optimized chip roadmap and increased demand forecasts for data center infrastructure. Nvidia Corporation (NVDA) ranked second, with $980 million in institutional buying, driven by continued investor confidence in its dominance in accelerated computing and generative AI applications. The top sellers included Exxon Mobil Corporation (XOM), which saw $630 million in net institutional sell-offs, attributed to revised oil price projections and weakening demand outlooks for fossil fuels. JPMorgan Chase & Co. (JPM) trailed with $510 million in net selling, marking a strategic rebalancing by several large asset managers amid rising expectations of interest rate cuts and reduced lending exposure. The combined net buying activity for AVGO and NVDA totaled $2.38 billion, representing 68% of all net institutional inflows on the day. Energy and financial sectors collectively accounted for $1.14 billion in net outflows, indicating a rotation toward high-growth technology equities. Market analysts noted that these moves underscore growing confidence in long-duration growth stocks, particularly in AI-driven industries. The activity influenced broad market indices, with the Nasdaq Composite rising 0.7% and the S&P 500 gaining 0.35%. Semiconductor-focused ETFs such as SMH and SOXX posted gains exceeding 1.2%, while energy and banking ETFs underperformed with losses of 0.6% and 0.4%, respectively.