Vault-13

TAIWAN SEMICONDUCTOR MFG LTD TSM

SPONSORED ADS · ADR · CUSIP 874039100 · ISIN US8740391003

Semiconductor foundry company headquartered in Taiwan

1,683 institutional holders +153 vs Q3 2023
922,909,999922.9m shares reported held*
$96.2bnreported value*
178 new 637 added 540 reduced 97 sold out net bought ≈ $7.7bn (+70.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($138.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $104.23. Options: 68 managers hold calls ($3.2bn notional), 66 hold puts ($4.7bn).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,305Q4 22: 1,403Q1 23: 1,501Q2 23: 1,571Q3 23: 1,530Q4 23: 1,6831,683Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20221,305
Q4 20221,403
Q1 20231,501
Q2 20231,571
Q3 20231,530
Q4 20231,683

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1k01kQ4 22: 679 bought or addedQ4 22: 594 cut or sold outQ4 22Q1 23: 813 bought or addedQ1 23: 583 cut or sold outQ1 23Q2 23: 707 bought or addedQ2 23: 716 cut or sold outQ2 23Q3 23: 751 bought or addedQ3 23: 665 cut or sold outQ3 23Q4 23: 815 bought or addedQ4 23: 637 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022679594
Q1 2023813583
Q2 2023707716
Q3 2023751665
Q4 2023815637

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2bn$4bn$6bnQ1 23 calls: $2.4bnQ1 23 puts: $2.5bnQ1 23P/C 1.03Q2 23 calls: $2.8bnQ2 23 puts: $2.8bnQ2 23P/C 1.02Q3 23 calls: $2.5bnQ3 23 puts: $3.8bnQ3 23P/C 1.55Q4 23 calls: $3.2bnQ4 23 puts: $4.7bnQ4 23P/C 1.45
Numbers
QuarterCallsPutsP/C
Q1 2023$2.4bn$2.5bn1.03
Q2 2023$2.8bn$2.8bn1.02
Q3 2023$2.5bn$3.8bn1.55
Q4 2023$3.2bn$4.7bn1.45

Biggest buyers

JPMORGAN CHASE & CO Added +43,318,612+43.3m
MORGAN STANLEY Added +17,861,046+17.9m
EAGLE CAPITAL MANAGEMENT LLC New +5,760,220+5.8m
Man Group plc New +5,414,235+5.4m
Capital World Investors Added +4,240,928+4.2m
Artisan Partners Limited Partnership Added +2,838,038+2.8m
Harding Loevner LP Added +2,008,043+2.0m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Added +1,649,279+1.6m
BlackRock Inc. Added +1,623,476+1.6m
Holocene Advisors, LP New +1,571,004+1.6m

Biggest sellers

CANADA LIFE ASSURANCE Co Reduced -10,145,370-10.1m
Man Group plc Sold out -4,792,846-4.8m
VAN ECK ASSOCIATES CORP Reduced -3,439,899-3.4m
Capital International Investors Reduced -2,706,648-2.7m
Orbis Allan Gray Ltd Reduced -2,119,381-2.1m
COATUE MANAGEMENT LLC Reduced -2,059,097-2.1m
Altshuler Shaham Ltd Sold out -2,024,530-2.0m
FMR LLC Reduced -1,955,318-2.0m
Connor, Clark & Lunn Investment Management Ltd. Reduced -1,817,022-1.8m
NATIONAL BANK OF CANADA /FI/ Reduced -1,787,945-1.8m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $583.7m5.6m shares
CITADEL ADVISORS LLC Reduced $287.0m2.8m shares
SIMPLEX TRADING, LLC Added $256.7m2.5m shares
UBS Group AG Added $178.3m1.7m shares
Optiver Holding B.V. Added $172.8m1.7m shares
JANE STREET GROUP, LLC Added $160.5m1.5m shares
ALKEON CAPITAL MANAGEMENT LLC Reduced $158.6m1.5m shares
MAPLELANE CAPITAL, LLC Reduced $144.0m1.4m shares
Parallax Volatility Advisers, L.P. Added $127.7m1.2m shares
Governors Lane LP Added $121.2m1.2m shares

Biggest puts

NOMURA HOLDINGS INC Added $1.1bn10.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $621.1m6.0m shares
SIMPLEX TRADING, LLC Added $252.3m2.4m shares
CITADEL ADVISORS LLC Reduced $251.3m2.4m shares
JANE STREET GROUP, LLC Added $243.3m2.3m shares
JPMORGAN CHASE & CO Reduced $199.7m1.9m shares
Optiver Holding B.V. Reduced $151.9m1.5m shares
Walleye Trading LLC Added $139.5m1.3m shares
CTC LLC Added $125.9m12.1k shares
Parallax Volatility Advisers, L.P. Added $125.8m1.2m shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q4 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2023.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.44% of their portfolio NEW YORK, NY 82,580,07482.6m $8.6bn $8.6bn 0.44% Added +43.3m +43,318,612
2 Sanders Capital, LLC 8.56% of their portfolio West Palm Beach, FL 44,527,32744.5m $4.6bn $4.6bn 8.56% Added +1.5m +1,501,548
3 MORGAN STANLEY 0.19% of their portfolio NEW YORK, NY 41,665,22641.7m $4.3bn $4.3bn 0.19% Added +17.9m +17,861,046
4 Capital World Investors 0.76% of their portfolio LOS ANGELES, CA 41,356,27941.4m $4.3bn $4.3bn 0.76% Added +4.2m +4,240,928
5 FMR LLC 0.32% of their portfolio BOSTON, MA 39,656,95139.7m $4.1bn $4.1bn 0.32% Reduced -2.0m -1,955,318
6 Fisher Asset Management, LLC 1.71% of their portfolio PLANO, TX 31,060,36931.1m $3.2bn $3.2bn 1.71% Added +423.0k +422,976
7 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.96% of their portfolio Boston, MA 28,443,59528.4m $3.0bn $3.0bn 0.96% Added +1.6m +1,649,279
8 Bank of New York Mellon Corp 0.53% of their portfolio NEW YORK, NY 25,106,58825.1m $2.6bn $2.6bn 0.53% Reduced -603.1k -603,059
9 ROYAL BANK OF CANADA 0.42% of their portfolio TORONTO, A6 16,103,40216.1m $1.7bn $1.7bn 0.42% Reduced -231.5k -231,512
10 BlackRock Inc. 0.04% of their portfolio New York, NY 15,189,67215.2m $1.6bn $1.6bn 0.04% Added +1.6m +1,623,476
11 Capital International Investors 0.33% of their portfolio Los Angeles, CA 14,051,76514.1m $1.5bn $1.5bn 0.33% Reduced -2.7m -2,706,648
12 Fiera Capital Corp 4.28% of their portfolio MONTREAL, A8 13,421,10613.4m $1.4bn $1.4bn 4.28% Reduced -409.1k -409,131
13 WELLINGTON MANAGEMENT GROUP LLP 0.23% of their portfolio Boston, MA 12,014,64712.0m $1.2bn $1.2bn 0.23% Reduced -843.3k -843,301
14 Harding Loevner LP 6.86% of their portfolio Bridgewater, NJ 11,616,71511.6m $1.2bn $1.2bn 6.86% Added +2.0m +2,008,043
15 VAN ECK ASSOCIATES CORP 2.15% of their portfolio NEW YORK, NY 11,355,68311.4m $1.2bn $1.2bn 2.15% Reduced -3.4m -3,439,899
16 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 3.40% of their portfolio CHICAGO, IL 11,229,20111.2m $1.2bn $1.2bn 3.40% Reduced -550.9k -550,943
17 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 10,844,76010.8m $1.1bn $1.1bn 0.02% Reduced -1.1m -1,101,483
18 SCHRODER INVESTMENT MANAGEMENT GROUP 1.29% of their portfolio London, X0 9,553,5889.6m $993.6m $993.6m 1.29% Reduced -451.5k -451,488
19 First Eagle Investment Management, LLC 2.25% of their portfolio NEW YORK, NY 9,065,0869.1m $942.8m $942.8m 2.25% Added +84.8k +84,823
20 BANK OF AMERICA CORP /DE/ 0.10% of their portfolio CHARLOTTE, NC 8,779,7298.8m $913.1m $913.1m 0.10% Reduced -469.4k -469,385
21 GOLDMAN SACHS GROUP INC 0.20% of their portfolio NEW YORK, NY 8,623,6258.6m $896.9m $896.9m 0.20% Added +253.8k +253,805
22 PRICE T ROWE ASSOCIATES INC /MD/ 0.11% of their portfolio BALTIMORE, MD 7,576,9817.6m $788.0m $788.0m 0.11% Added +103.3k +103,306
23 LONE PINE CAPITAL LLC 6.25% of their portfolio GREENWICH, CT 6,947,9246.9m $722.6m $722.6m 6.25% Reduced -852.2k -852,228
24 AQR CAPITAL MANAGEMENT LLC 1.36% of their portfolio Greenwich, CT 6,935,2226.9m $721.3m $721.3m 1.36% Added +440.1k +440,087
25 GQG Partners LLC 1.50% of their portfolio FT. LAUDERDALE, FL 6,827,6046.8m $710.1m $710.1m 1.50% Added +289.4k +289,371
26 BAILLIE GIFFORD & CO 0.56% of their portfolio EDINBURGH, X0 6,802,4146.8m $707.5m $707.5m 0.56% Reduced -47.5k -47,536
27 Russell Investments Group, Ltd. 1.09% of their portfolio Seattle, WA 5,892,7425.9m $613.0m $613.0m 1.09% Added +96.7k +96,661
28 ALKEON CAPITAL MANAGEMENT LLC 4.01% of their portfolio New York, NY 5,877,9295.9m $611.3m $611.3m 4.01% Reduced -118.5k -118,547
29 UBS Group AG 0.24% of their portfolio ZURICH, V8 5,849,9885.8m $608.4m $608.4m 0.24% Added +890.3k +890,321
30 BROWN ADVISORY INC 0.85% of their portfolio BALTIMORE, MD 5,845,1745.8m $607.9m $607.9m 0.85% Added +901.2k +901,243
31 EAGLE CAPITAL MANAGEMENT LLC 2.54% of their portfolio New York, NY 5,760,2205.8m $599.1m $599.1m 2.54% New
32 BARCLAYS PLC 0.30% of their portfolio LONDON, X0 5,663,0035.7m $589.0m $589.0m 0.30% Added +892.3k +892,283
33 FRANKLIN RESOURCES INC 0.28% of their portfolio San Mateo, CA 5,662,1655.7m $588.9m $588.9m 0.28% Reduced -243.7k -243,730
34 SANDS CAPITAL MANAGEMENT, LLC 1.77% of their portfolio ARLINGTON, VA 5,591,5585.6m $581.5m $581.5m 1.77% Reduced -91.4k -91,357
35 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.61% of their portfolio BOSTON, MA 5,585,7875.6m $580.9m $580.9m 0.61% Reduced -450.8k -450,822
36 Man Group plc 1.62% of their portfolio LONDON, X0 5,414,2355.4m $563.1m $563.1m 1.62% New
37 Allspring Global Investments Holdings, LLC 0.91% of their portfolio CHARLOTTE, NC 5,286,6005.3m $549.8m $549.8m 0.91% Reduced -16.1k -16,110
38 LAZARD ASSET MANAGEMENT LLC 0.69% of their portfolio NEW YORK, NY 5,228,7175.2m $543.8m $543.8m 0.69% Added +295.9k +295,881
39 PineStone Asset Management Inc. 5.81% of their portfolio Montreal, A8 5,204,3585.2m $541.3m $541.3m 5.81% Added +401.4k +401,434
40 AMERIPRISE FINANCIAL INC 0.16% of their portfolio MINNEAPOLIS, MN 5,103,8505.1m $528.7m $528.7m 0.16% Reduced -315.0k -315,004
41 DIMENSIONAL FUND ADVISORS LP 0.14% of their portfolio AUSTIN, TX 4,505,9194.5m $468.6m $468.6m 0.14% Reduced -64.0k -63,979
42 AXIOM INVESTORS LLC /DE 4.38% of their portfolio GREENWICH, CT 4,295,8374.3m $446.8m $446.8m 4.38% Added +743.1k +743,070
43 FIL Ltd 0.46% of their portfolio HAMILTON, D0 4,248,4184.2m $441.8m $441.8m 0.46% Reduced -57.3k -57,287
44 Ruane, Cunniff & Goldfarb L.P. 6.77% of their portfolio New York, NY 4,070,2794.1m $423.3m $423.3m 6.77% Reduced -125.0k -125,036
45 AMERICAN CENTURY COMPANIES INC 0.29% of their portfolio KANSAS CITY, MO 4,017,7224.0m $417.8m $417.8m 0.29% Added +544.1k +544,085
46 WINDACRE PARTNERSHIP LLC 6.34% of their portfolio HOUSTON, TX 4,015,0004.0m $417.6m $417.6m 6.34% Reduced -1.6m -1,574,000
47 VOYA INVESTMENT MANAGEMENT LLC 0.41% of their portfolio ATLANTA, GA 3,857,4273.9m $401.2m $401.2m 0.41% Added +37.1k +37,072
48 ROYAL LONDON ASSET MANAGEMENT LTD 1.09% of their portfolio UNITED KINGDOM, X0 3,667,9893.7m $381.5m $381.5m 1.09% Added +33.2k +33,195
49 Sarasin & Partners LLP 4.19% of their portfolio London, X0 3,665,4633.7m $381.2m $381.2m 4.19% Reduced -287.0k -286,995
50 NORTHERN TRUST CORP 0.07% of their portfolio CHICAGO, IL 3,622,0563.6m $376.7m $376.7m 0.07% Added +131.4k +131,426
51 MARTIN CURRIE LTD 12.36% of their portfolio EDINBURGH, X0 3,621,4963.6m $376.6m $376.6m 12.36% Reduced -144.1k -144,060
52 Artisan Partners Limited Partnership 0.58% of their portfolio Milwaukee, WI 3,573,6703.6m $371.7m $371.7m 0.58% Added +2.8m +2,838,038
53 Driehaus Capital Management LLC 4.48% of their portfolio Chicago, IL 3,573,4743.6m $371.6m $371.6m 4.48% Added +499.0k +499,046
54 Ninety One UK Ltd 1.10% of their portfolio London, X0 3,539,8373.5m $368.1m $368.1m 1.10% Reduced -294.7k -294,657
55 JENNISON ASSOCIATES LLC 0.27% of their portfolio NEW YORK, NY 3,437,2923.4m $357.5m $357.5m 0.27% Reduced -202.4k -202,424
56 CI INVESTMENTS INC. 1.79% of their portfolio TORONTO, Z4 3,319,8283.3m $345.3m $345.3m 1.79% Added +325.4k +325,401
57 Cantillon Capital Management LLC 2.30% of their portfolio New York, NY 3,307,9703.3m $344.0m $344.0m 2.30% Reduced -80.5k -80,539
58 WELLS FARGO & COMPANY/MN 0.10% of their portfolio SAN FRANCISCO, CA 3,291,5183.3m $342.3m $342.3m 0.10% Added +45.9k +45,944
59 Vontobel Holding Ltd. 2.83% of their portfolio ZURICH, V8 3,252,0233.3m $338.2m $338.2m 2.83% Reduced -198.4k -198,351
60 JANUS HENDERSON GROUP PLC 0.19% of their portfolio LONDON, X0 3,086,7573.1m $320.9m $320.9m 0.19% Added +22.7k +22,680
61 Nuveen Asset Management, LLC 0.10% of their portfolio CHICAGO, IL 3,052,2663.1m $317.6m $317.6m 0.10% Added +529.9k +529,941
62 TIGER GLOBAL MANAGEMENT LLC 2.25% of their portfolio New York, NY 3,044,9903.0m $316.7m $316.7m 2.25% Added +983.2k +983,200
63 LORD, ABBETT & CO. LLC 0.56% of their portfolio JERSEY CITY, NJ 3,036,5623.0m $315.8m $315.8m 0.56% Added +572.4k +572,368
64 Orbis Allan Gray Ltd 1.92% of their portfolio HamiltoN, D0 2,939,9272.9m $305.8m $305.8m 1.92% Reduced -2.1m -2,119,381
65 SEI INVESTMENTS CO 0.47% of their portfolio OAKS, PA 2,835,0702.8m $294.8m $294.8m 0.47% Added +363.7k +363,730
66 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.47% of their portfolio BALA CYNWYD, PA 2,683,7242.7m $279.1m $279.1m 0.47% Reduced -1.8m -1,758,933
67 Select Equity Group, L.P. 1.01% of their portfolio NEW YORK, NY 2,636,5702.6m $274.2m $274.2m 1.01% Added +565.4k +565,396
68 ARGA Investment Management, LP 9.47% of their portfolio STAMFORD, CT 2,625,0902.6m $273.0m $273.0m 9.47% Reduced -25.5k -25,476
69 Amundi 0.12% of their portfolio Paris, I0 2,582,3872.6m $263.1m $263.1m 0.12% Reduced -117.9k -117,904
70 AustralianSuper Pty Ltd 1.60% of their portfolio MELBOURNE, C3 2,560,4182.6m $266.3m $266.3m 1.60% Unchanged
71 NEW YORK STATE COMMON RETIREMENT FUND 0.36% of their portfolio ALBANY, NY 2,487,7942.5m $258.7m $258.7m 0.36% Added +42.0k +42,044
72 Invesco Ltd. 0.06% of their portfolio ATLANTA, GA 2,480,3552.5m $258.0m $258.0m 0.06% Reduced -805.7k -805,663
73 Northcape Capital Pty Ltd 30.37% of their portfolio SYDNEY, C3 2,466,2362.5m $256.5m $256.5m 30.37% Added +24.3k +24,279
74 ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio Berwyn, PA 2,428,4082.4m $252.6m $252.6m 0.10% Added +67.1k +67,116
75 VONTOBEL ASSET MANAGEMENT INC 1.60% of their portfolio NEW YORK, NY 2,425,9442.4m $269.7m $269.7m 1.60% Added +4.5k +4,498
76 Mirova US LLC 3.74% of their portfolio Boston, MA 2,387,9732.4m $248.3m $248.3m 3.74% Reduced -35.0k -35,050
77 NORDEA INVESTMENT MANAGEMENT AB 0.31% of their portfolio STOCKHOLM, V7 2,357,1872.4m $245.5m $245.5m 0.31% Reduced -276.4k -276,357
78 MENORA MIVTACHIM HOLDINGS LTD. 2.01% of their portfolio Ramat Gan, L3 2,293,1672.3m $238.5m $238.5m 2.01% Added +611.0k +611,000
79 AXA S.A. 0.38% of their portfolio PARIS, I0 2,288,5442.3m $238.0m $238.0m 0.38% Added +971.7k +971,669
80 COMGEST GLOBAL INVESTORS S.A.S. 3.56% of their portfolio Paris, I0 2,281,2962.3m $237.3m $237.3m 3.56% Reduced -42.0k -41,962
81 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.31% of their portfolio FRANKFURT AM MAIN, 2M 2,251,4262.3m $234.2m $234.2m 0.31% Added +199.0k +199,015
82 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,249,8402.2m $235.2m $235.2m 0.01% Reduced -320.9k -320,940
83 BAMCO INC /NY/ 0.60% of their portfolio NEW YORK, NY 2,163,0552.2m $225.0m $225.0m 0.60% Reduced -406.9k -406,925
84 Intermede Investment Partners Ltd 5.35% of their portfolio LONDON, X0 2,143,2662.1m $222.9m $222.9m 5.35% Reduced -92.9k -92,933
85 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.62% of their portfolio Paris, I0 2,141,8422.1m $222.8m $222.8m 0.62% Reduced -83.9k -83,875
86 Voyager Global Management LP 10.56% of their portfolio NEW YORK, NY 2,125,0002.1m $221.0m $221.0m 10.56% Added +300.0k +300,000
87 SATURNA CAPITAL CORP 3.44% of their portfolio BELLINGHAM, WA 2,124,7352.1m $221.0m $221.0m 3.44% Added +3.1k +3,101
88 CITIGROUP INC 0.29% of their portfolio NEW YORK, NY 2,107,1462.1m $219.1m $219.1m 0.29% Reduced -496.6k -496,561
89 State of New Jersey Common Pension Fund D 0.73% of their portfolio TRENTON, NJ 2,093,5392.1m $217.7m $217.7m 0.73% Reduced -48.1k -48,085
90 LANSDOWNE PARTNERS (UK) LLP 15.84% of their portfolio London, X0 2,075,5782.1m $215.9m $215.9m 15.84% Added +266.0k +266,030
91 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.13% of their portfolio Toronto, A6 2,061,0582.1m $214.4m $214.4m 0.13% Reduced -79.2k -79,208
92 PRINCIPAL FINANCIAL GROUP INC 0.13% of their portfolio DES MOINES, IA 1,952,0312.0m $203.0m $203.0m 0.13% Added +7.0k +6,997
93 Morningstar Investment Services LLC 1.13% of their portfolio CHICAGO, IL 1,911,7131.9m $200.2m $200.2m 1.13% Added +937.6k +937,646
94 CANADA LIFE ASSURANCE Co 0.43% of their portfolio WINNIPEG, A2 1,901,8321.9m $196.7m $196.7m 0.43% Reduced -10.1m -10,145,370
95 Rafferty Asset Management, LLC 0.83% of their portfolio New York, NY 1,897,8461.9m $197.4m $197.4m 0.83% Reduced -37.7k -37,664
96 Manning & Napier Group, LLC 2.33% of their portfolio Fairport, NY 1,884,7421.9m $196.0m $196.0m 2.33% Added +543.1k +543,083
97 MILLENNIUM MANAGEMENT LLC 0.18% of their portfolio NEW YORK, NY 1,855,4991.9m $193.0m $193.0m 0.18% Added +1.1m +1,131,478
98 DEUTSCHE BANK AG\ 0.10% of their portfolio FRANKFURT AM MAIN, 2M 1,844,9171.8m $191.9m $191.9m 0.10% Added +128.9k +128,949
99 Railway Pension Investments Ltd 1.97% of their portfolio LONDON, X0 1,835,6831.8m $190.9m $190.9m 1.97% Unchanged
100 NATIXIS ADVISORS, LLC 0.49% of their portfolio Boston, MA 1,802,2081.8m $187.4m $187.4m 0.49% Added +194.0k +193,990