TAIWAN SEMICONDUCTOR MFG LTD TSM
SPONSORED ADS · ADR · CUSIP 874039100 · ISIN US8740391003
Semiconductor foundry company headquartered in Taiwan
* 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 ($295.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $173.06. Options: 83 managers hold calls ($8.8bn notional), 65 hold puts ($13.9bn).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,305 |
| Q4 2022 | 1,403 |
| Q1 2023 | 1,501 |
| Q2 2023 | 1,571 |
| Q3 2023 | 1,530 |
| Q4 2023 | 1,683 |
| Q1 2024 | 1,914 |
| Q2 2024 | 2,109 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 679 | 594 |
| Q1 2023 | 813 | 583 |
| Q2 2023 | 707 | 716 |
| Q3 2023 | 751 | 665 |
| Q4 2023 | 815 | 637 |
| Q1 2024 | 1,007 | 746 |
| Q2 2024 | 1,144 | 778 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $2.5bn | $3.8bn | 1.55 |
| Q4 2023 | $3.2bn | $4.7bn | 1.45 |
| Q1 2024 | $9.0bn | $10.4bn | 1.15 |
| Q2 2024 | $8.8bn | $13.9bn | 1.59 |
Biggest buyers
| WCM INVESTMENT MANAGEMENT, LLC | Added | +8.5m |
| FMR LLC | Added | +5.6m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +3.7m |
| Clearbridge Investments, LLC | Added | +3.2m |
| JANUS HENDERSON GROUP PLC | Added | +2.3m |
| BlueSpruce Investments, LP | New | +2.2m |
| FengHe Fund Management Pte. Ltd. | Added | +1.9m |
| 1832 Asset Management L.P. | Added | +1.8m |
| JPMORGAN CHASE & CO | Added | +1.8m |
| Vontobel Holding Ltd. | Added | +1.6m |
Biggest sellers
| MORGAN STANLEY | Reduced | -28.4m |
| VANGUARD GROUP INC | Reduced | -5.5m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -4.4m |
| First Eagle Investment Management, LLC | Reduced | -2.8m |
| BANK OF MONTREAL /CAN/ | Reduced | -2.6m |
| Man Group plc | Reduced | -2.3m |
| Balyasny Asset Management L.P. | Reduced | -2.0m |
| Capital World Investors | Reduced | -2.0m |
| ALKEON CAPITAL MANAGEMENT LLC | Reduced | -1.9m |
| Northcape Capital Pty Ltd | Sold out | -1.9m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.8bn16.0m shares |
| ALKEON CAPITAL MANAGEMENT LLC | Added | $1.2bn6.8m shares |
| CITADEL ADVISORS LLC | Reduced | $931.7m5.4m shares |
| SIMPLEX TRADING, LLC | Reduced | $377.3m2.2m shares |
| JANE STREET GROUP, LLC | Reduced | $366.6m2.1m shares |
| Optiver Holding B.V. | Reduced | $340.4m2.0m shares |
| WOLVERINE TRADING, LLC | Added | $310.1m1.8m shares |
| IMC-Chicago, LLC | Added | $272.9m1.6m shares |
| UBS Group AG | Added | $224.1m1.3m shares |
| D. E. Shaw & Co., Inc. | Added | $176.5m1.0m shares |
Biggest puts
| JPMORGAN CHASE & CO | Reduced | $3.2bn18.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.3bn13.3m shares |
| CITADEL ADVISORS LLC | Added | $1.2bn6.9m shares |
| JANE STREET GROUP, LLC | Added | $937.8m5.4m shares |
| UBS Group AG | Added | $894.1m5.1m shares |
| TOMS Capital Investment Management LP | New | $490.2m2.8m shares |
| SIMPLEX TRADING, LLC | Reduced | $442.9m2.5m shares |
| Parallax Volatility Advisers, L.P. | Added | $383.2m2.2m shares |
| IMC-Chicago, LLC | Added | $358.5m2.1m shares |
| WOLVERINE TRADING, LLC | Added | $351.9m2.0m 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 Q2 2024
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 Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.63% of their portfolio | 83.5m $14.5bn | Added +1.8m |
| FMR LLC 0.58% of their portfolio | 52.2m $9.1bn | Added +5.6m |
| Sanders Capital, LLC 11.11% of their portfolio | 41.7m $7.3bn | Reduced -1.2m |
| Capital World Investors 1.13% of their portfolio | 40.0m $7.0bn | Reduced -2.0m |
| Fisher Asset Management, LLC 2.15% of their portfolio | 28.4m $4.9bn | Reduced -600.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.32% of their portfolio | 24.8m $4.3bn | Reduced -4.4m |
| Bank of New York Mellon Corp 0.78% of their portfolio | 23.6m $4.1bn | Reduced -691.3k |
| Capital International Investors 0.73% of their portfolio | 20.5m $3.6bn | Added +829.4k |
| VAN ECK ASSOCIATES CORP 4.49% of their portfolio | 18.2m $3.2bn | Added +751.0k |
| MORGAN STANLEY 0.22% of their portfolio | 16.3m $2.8bn | Reduced -28.4m |
| BlackRock Inc. 0.06% of their portfolio | 15.1m $2.6bn | Added +54.8k |
| BANK OF AMERICA CORP /DE/ 0.21% of their portfolio | 12.4m $2.1bn | Added +570.2k |
| Fiera Capital Corp 6.56% of their portfolio | 12.2m $2.1bn | Reduced -749.6k |
| COATUE MANAGEMENT LLC 7.71% of their portfolio | 11.4m $2.0bn | Added +1.1m |
| ROYAL BANK OF CANADA 0.46% of their portfolio | 11.1m $1.9bn | Reduced -887.9k |
| GQG Partners LLC 2.53% of their portfolio | 9.6m $1.7bn | Added +1.0m |
| GOLDMAN SACHS GROUP INC 0.31% of their portfolio | 9.1m $1.6bn | Reduced -625.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 4.05% of their portfolio | 8.9m $1.5bn | Reduced -612.1k |
| WCM INVESTMENT MANAGEMENT, LLC 3.46% of their portfolio | 8.5m $1.5bn | Added +8.5m |
| ALKEON CAPITAL MANAGEMENT LLC 7.49% of their portfolio | 8.4m $1.5bn | Reduced -1.9m |
| Harding Loevner LP 7.61% of their portfolio | 7.9m $1.4bn | Added +977.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.16% of their portfolio | 7.8m $1.4bn | Reduced -35.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.46% of their portfolio | 7.6m $1.3bn | Reduced -575.5k |
| UBS Group AG 0.40% of their portfolio | 7.4m $1.3bn | Added +1.3m |
| First Eagle Investment Management, LLC 2.47% of their portfolio | 6.3m $1.1bn | Reduced -2.8m |
| EAGLE CAPITAL MANAGEMENT LLC 3.94% of their portfolio | 6.1m $1.1bn | Reduced -112.0k |
| LONE PINE CAPITAL LLC 8.46% of their portfolio | 6.0m $1.0bn | Reduced -170.3k |
| FRANKLIN RESOURCES INC 0.30% of their portfolio | 5.7m $986.1m | Added +221.0k |
| BROWN ADVISORY INC 1.27% of their portfolio | 5.6m $972.8m | Reduced -247.7k |
| Artisan Partners Limited Partnership 1.48% of their portfolio | 5.6m $971.1m | Reduced -73.2k |
| BARCLAYS PLC 0.44% of their portfolio | 5.5m $959.4m | Reduced -592.4k |
| JANUS HENDERSON GROUP PLC 0.50% of their portfolio | 5.4m $940.5m | Added +2.3m |
| WELLINGTON MANAGEMENT GROUP LLP 0.16% of their portfolio | 5.3m $914.2m | Reduced -448.0k |
| BAILLIE GIFFORD & CO 0.71% of their portfolio | 5.2m $912.1m | Reduced -1.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.78% of their portfolio | 5.1m $888.4m | Added +3.7m |
| PineStone Asset Management Inc. 8.99% of their portfolio | 4.9m $847.3m | Added +1.3m |
| Russell Investments Group, Ltd. 1.36% of their portfolio | 4.8m $842.4m | Reduced -690.4k |
| SANDS CAPITAL MANAGEMENT, LLC 2.44% of their portfolio | 4.8m $830.7m | Reduced -438.6k |
| LORD, ABBETT & CO. LLC 1.37% of their portfolio | 4.8m $827.4m | Added +841.4k |
| AMERICAN CENTURY COMPANIES INC 0.48% of their portfolio | 4.5m $785.6m | Added +128.1k |
| LAZARD ASSET MANAGEMENT LLC 0.95% of their portfolio | 4.3m $754.4m | Reduced -396.2k |
| NORTHERN TRUST CORP 0.12% of their portfolio | 4.2m $728.0m | Added +625.0k |
| Nuveen Asset Management, LLC 0.20% of their portfolio | 4.0m $700.7m | Added +485.7k |
| Allspring Global Investments Holdings, LLC 1.13% of their portfolio | 4.0m $695.7m | Reduced -469.7k |
| DIMENSIONAL FUND ADVISORS LP 0.18% of their portfolio | 3.9m $686.4m | Reduced -277.4k |
| Clearbridge Investments, LLC 0.53% of their portfolio | 3.7m $646.8m | Added +3.2m |
| JENNISON ASSOCIATES LLC 0.41% of their portfolio | 3.7m $645.5m | Reduced -521 |
| ENVESTNET ASSET MANAGEMENT INC 0.22% of their portfolio | 3.6m $634.3m | Added +727.1k |
| AMERIPRISE FINANCIAL INC 0.17% of their portfolio | 3.6m $634.8m | Added +125.2k |
| WELLS FARGO & COMPANY/MN 0.15% of their portfolio | 3.3m $581.0m | Reduced -2.6k |
| Driehaus Capital Management LLC 5.53% of their portfolio | 3.3m $571.6m | Reduced -325.4k |
| FIL Ltd 0.56% of their portfolio | 3.3m $571.0m | Added +103.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.56% of their portfolio | 3.3m $565.7m | Added +301.1k |
| Sarasin & Partners LLP 4.85% of their portfolio | 3.1m $547.1m | Reduced -309.5k |
| WINDACRE PARTNERSHIP LLC 7.16% of their portfolio | 3.1m $544.7m | Added +280.0k |
| Cantillon Capital Management LLC 3.59% of their portfolio | 3.1m $536.2m | Reduced -157.2k |
| Ninety One UK Ltd 1.48% of their portfolio | 3.1m $535.1m | Reduced -51.9k |
| TIGER GLOBAL MANAGEMENT LLC 2.47% of their portfolio | 3.1m $533.8m | Added +25.9k |
| SEI INVESTMENTS CO 0.75% of their portfolio | 3.0m $529.3m | Added +30.4k |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.34% of their portfolio | 3.0m $526.0m | Reduced -396.4k |
| Ruane, Cunniff & Goldfarb L.P. 8.19% of their portfolio | 3.0m $525.6m | Reduced -692.9k |
| MACQUARIE GROUP LTD 0.60% of their portfolio | 3.0m $522.1m | Added +77.9k |
| Vontobel Holding Ltd. 1.66% of their portfolio | 2.9m $512.5m | Added +1.6m |
| CI INVESTMENTS INC. 1.91% of their portfolio | 2.8m $484.7m | Reduced -241.0k |
| Greenwoods Asset Management Hong Kong Ltd. 12.45% of their portfolio | 2.7m $472.3m | Added +1.2m |
| JANE STREET GROUP, LLC 0.51% of their portfolio | 2.7m $471.9m | Added +1.6m |
| Select Equity Group, L.P. 1.72% of their portfolio | 2.5m $434.2m | Reduced -138.0k |
| FengHe Fund Management Pte. Ltd. 10.31% of their portfolio | 2.5m $73.9m | Added +1.9m |
| MILLENNIUM MANAGEMENT LLC 0.34% of their portfolio | 2.4m $415.0m | Added +449.0k |
| Mirova US LLC 5.09% of their portfolio | 2.4m $409.2m | Added +13.8k |
| AXA S.A. 0.59% of their portfolio | 2.3m $395.4m | Added +1.1m |
| AXIOM INVESTORS LLC /DE 3.38% of their portfolio | 2.2m $387.7m | Reduced -695.2k |
| BlueSpruce Investments, LP 7.02% of their portfolio | 2.2m $382.1m | New |
| LANSDOWNE PARTNERS (UK) LLP 29.70% of their portfolio | 2.2m $379.3m | Reduced -96.8k |
| SATURNA CAPITAL CORP 4.91% of their portfolio | 2.1m $370.3m | Added +4.0k |
| MARTIN CURRIE LTD 13.18% of their portfolio | 2.1m $367.6m | Reduced -687.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.94% of their portfolio | 2.1m $362.6m | Added +134.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.21% of their portfolio | 2.1m $361.7m | Reduced -212.7k |
| NATIXIS ADVISORS, LLC 0.78% of their portfolio | 2.1m $359.9m | Added +218.4k |
| COMGEST GLOBAL INVESTORS S.A.S. 4.91% of their portfolio | 2.1m $357.2m | Reduced -47.7k |
| Third Point LLC 4.03% of their portfolio | 2.0m $352.0m | Added +850.0k |
| 1832 Asset Management L.P. 0.62% of their portfolio | 2.0m $344.8m | Added +1.8m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.60% of their portfolio | 2.0m $344.6m | Reduced -1.5m |
| Invesco Ltd. 0.07% of their portfolio | 2.0m $341.7m | Reduced -32.7k |
| CITADEL ADVISORS LLC 0.34% of their portfolio | 2.0m $341.4m | Added +633.9k |
| ALLIANCEBERNSTEIN L.P. 0.12% of their portfolio | 2.0m $339.5m | Added +788.5k |
| FRED ALGER MANAGEMENT, LLC 1.61% of their portfolio | 1.9m $331.2m | Added +22.7k |
| Rafferty Asset Management, LLC 1.20% of their portfolio | 1.9m $322.2m | Reduced -514.6k |
| AustralianSuper Pty Ltd 1.85% of their portfolio | 1.8m $320.3m | Reduced -616.4k |
| CANADA LIFE ASSURANCE Co 0.60% of their portfolio | 1.8m $318.6m | Added +38.2k |
| Amundi 0.13% of their portfolio | 1.8m $328.5m | Reduced -303.5k |
| Capital Research Global Investors 0.07% of their portfolio | 1.7m $299.3m | Added +208.2k |
| Canoe Financial LP 4.31% of their portfolio | 1.7m $232.6m | Unchanged |
| Fayez Sarofim & Co 0.78% of their portfolio | 1.7m $288.1m | Added +1.4m |
| CITIGROUP INC 0.27% of their portfolio | 1.6m $286.3m | Reduced -1.4m |
| RAYMOND JAMES & ASSOCIATES 0.18% of their portfolio | 1.6m $278.8m | Added +183.2k |
| Intermede Investment Partners Ltd 6.12% of their portfolio | 1.6m $275.9m | Reduced -229.7k |
| DEUTSCHE BANK AG\ 0.12% of their portfolio | 1.6m $273.5m | Reduced -235.5k |
| MENORA MIVTACHIM HOLDINGS LTD. 1.81% of their portfolio | 1.5m $266.9m | Added +11.2k |
| HSBC HOLDINGS PLC 0.17% of their portfolio | 1.5m $263.8m | Added +477.1k |