I have a pretty large AVGO position from RSUs and want to diversify some of it.
I am not a US resident and not really a US market investor otherwise, so having such a big chunk tied to one US tech stock feels a bit uncomfortable now.
Current thinking is to keep \~50% in AVGO because I believe in Hock, and diversify the other 50%.
I already have small positions in VOO and VOOG. I was also considering putting maybe 15% into DRAM because my current DRAM-related investment is doing well, but I know memory is cyclical and I may be over indexing on that past experience.
Part of my concern is just concentration risk, but also:
* I am a software engineer, and with how quickly things are changing right now, I’d rather protect the corpus than chase maximum upside. I amm okay with slower growth if it means reducing the risk of a sharp drawdown from being too concentrated in one stock.
* AVGO feels pretty reliant on a few very large customers. longer term I’m not sure how to think about customer concentration + hyperscalers doing more of their own chip work (Amazon chips etc.)
If you were in this position, how would you diversify the non-AVGO portion?
More VOO/VTI + VXUS? Some semiconductor ETF exposure instead of another single name? Or just unwind AVGO gradually and move mostly to index funds?
Not asking whether AVGO is a buy/sell right now - more how you’d handle portfolio construction when one RSU stock has become too large.