Qualcomm Inc. (QCOM), an American multinational semiconductor and telecommunications equipment company, designs wireless telecommunications products and services. As of July, 26 2018, the company has a market capitalization of $90.9 billion.
Qualcomm initially announced a bid for the Dutch semiconductor company NXP Semiconductors S.V. (NXPI) in October 2016. On July 26, 2018, the $44 billion bid to takeover NXP failed to gain regulatory approval by China, therefore terminating the takeover.
On July 25, 2016, Qualcomm reported Q3 earnings with revenues of $5.6 billion, up 6% from the previous quarter.
Vanguard Total Stock Market Index Fund (VTSMX)
As of June 29, 2018, the Vanguard Total Stock Market Index Fund (VTSMX) has 37.1 million shares of Qualcomm. This accounts for 2.50% of total shares held. VTSMX was launched in 1992 and is designed to give investors broad exposure to the entire U.S. equity market. The fund’s advisor is the Vanguard Equity Investment Group, and it has been managed by Gerard C. O’Reilly since December 1994. The fund’s minimum investment is $3,000.
As of July 2018, VTSMX has 701.2 billion in assets under management (AUM) and invests 0.30% of its total assets in Qualcomm. It has a five-year annualized return of 12.87% and an expense ratio of 0.14%.
Vanguard 500 Index Fund (VFINX)
As of June 29, 2018, the Vanguard 500 Index Fund (VFINX) has 26.8 million shares of Qualcomm. This accounts for 1.81% of total shares held. Its investment in Qualcomm makes up 0.36% of the VFINX’s total assets. The fund was launched in 1976 with the expressed goal of providing investors exposure to the 500 largest U.S. companies. The fund advisor is Vanguard Equity Investment Group, and it has been managed by Michael H. Buek since December 1991.
As of July 2018, VFINX has total net assets of $417.7 billion, with an expense ratio of 0.14% and a turnover ratio of 3%. The fund has a five-year annualized return of 13.14% and requires a minimum investment of $3,000.
SPDR S&P 500 ETF (SPY)
As of July 24, 2018, the SPDR S&P 500 ETF has 16.7 million shares of Qualcomm. This accounts for 1.19% of total shares held. Its investment in Qualcomm makes up 0.36% of the SPY’s total assets. Launched in 1993, the fund seeks to track the S&P 500 as accurately as possible, providing results that correspond to the performance of the S&P 500. There is no fund manager, as it is an automated fund.
As of July 2018, the fund has total assets of 271.9 billion and an expense ratio of 0.09%. As of June 30, 2018, SPY has a five-year annualized return of 13.31%.
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