Rep. Richard Allen Swaps Rollins for Broadcom and TSMC in One Day

As seen on the 24/7 Wall St. homepage on September 22, 2026.

HOUSE TRADE DISCLOSURE Richard W. Allen

Sep 21, 8:00pm ET

AVGO Broadcom Inc. - Common Stock (AVGO)Buy$1K – $15K
ROL Rollins, Inc. Common Stock (ROL)Sell$15K – $50K
TSM Taiwan Semiconductor Manufacturing Company Ltd. (TSM)Buy$1K – $15K

Disclosed 41 days after the earliest trade

A House member just rotated out of a defensive pest-control name and into the two chipmakers at the center of the AI buildout, all on the same August day. The sale was the biggest leg of the three, and the filing landed 41 days later, so the repositioning only becomes public now.

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Rep. Richard W. Allen sold defensive holding Rollins on August 12, 2026, and moved the same day into Broadcom and Taiwan Semiconductor Manufacturing Company, two core AI infrastructure names.

The filing did not reach the public until September 22, 41 days later, so the repositioning stayed invisible for over a month.

Anyone tracking congressional trades is seeing this AI-chip bet only now.

TSMC manufactures the advanced chips Broadcom designs, tying the pair to continued AI-driven capital spending.

Sources

Mentioned: AVGO, ROL, TSM

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Jim Cramer @jimcramer

Sep 2, 5:22pm ET

Cramer is reading Hock Tan's guidance as a two-year runway of payout increases at Broadcom, and he says his charitable trust already owns a small position.

Hock giving you some nice raises for next year and the year after. That's what we have been looking for. Maybe i am too hopeful... Small position for the trust...

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AVGO Broadcom

Q3 2026

Sep 2, 4:26pm ET

EPS

$3.32

est $3.24 +2.5%

Revenue

$29.59B

est $29.44B +0.5%

AI demand is now the whole story here: management guides to $21.7 billion in AI semiconductor revenue in the fourth quarter alone, up 236% year over year. Ignoring it means missing a nine quarter EPS streak still intact.

AVGO Broadcom Inc.

Reports Wed Sep 2 After close 4:15 PM ET Confirmed

Sep 2, 4:59am ET

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Aug 17, 8:00pm ET

ABT Abbott Laboratories Common Stock (ABT)Sell$15K – $50K
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AVGO Broadcom Inc. - Common Stock (AVGO)Buy$1K – $15K

Disclosed 35 days after the earliest trade

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Portfolio concentration Leopold Aschenbrenner Situational Awareness

Aug 14

77.3% in the top 5 names · 23 long positions disclosed

SNDKSANDISK CORP
28%
MUMICRON TECHNOLOGY INC
27.5%
BEBLOOM ENERGY CORP
9.4%
TSMTAIWAN SEMICONDUCTOR MANUFAC
6.2%
NBISNEBIUS GROUP N.V.
6.1%

As of Jun 30, 2026 · disclosed Aug 14, 2026 · ~45 days stale — long positions only.

Leopold Aschenbrenner's Situational Awareness had 77.3% of its long book in five names as of June 30, with memory alone accounting for more than half. That is the portfolio behind the roughly $15 billion hit Jane Street took in July, disclosed only now and before the forced sale to Citadel.

Portfolio concentration Brad Gerstner Altimeter Capital Management

Aug 14

56.3% in the top 5 names · 20 long positions disclosed

NVDANVIDIA CORPORATION
19.2%
CEREBRAS SYSTEMS INC
16.2%
METAMETA PLATFORMS INC
7.8%
TSMTAIWAN SEMICONDUCTOR MFG LTD
6.9%
CRWVCOREWEAVE INC
6.2%

As of Jun 30, 2026 · disclosed Aug 14, 2026 · ~45 days stale — long positions only.

Brad Gerstner's Altimeter had 56% of its 20-stock book in five names as of June 30, with NVIDIA and Cerebras alone making up more than a third. That is an undiluted AI hardware bet, spanning chips, foundry, and cloud compute, disclosed roughly 45 days after the fact.