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 ($537.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $172.79. Options: 88 managers hold calls ($7.7bn notional), 80 hold puts ($14.2bn).
Trends to Q3 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 |
| Q3 2024 | 2,193 |
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 |
| Q3 2024 | 1,094 | 889 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $3.2bn | $4.7bn | 1.45 |
| Q1 2024 | $9.0bn | $10.4bn | 1.15 |
| Q2 2024 | $8.8bn | $13.9bn | 1.59 |
| Q3 2024 | $7.7bn | $14.2bn | 1.83 |
Biggest buyers
| FMR LLC | Added | +3.8m |
| ALLIANCEBERNSTEIN L.P. | Added | +3.5m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +2.7m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +1.7m |
| MORGAN STANLEY | Added | +1.5m |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | New | +1.3m |
| WCM INVESTMENT MANAGEMENT, LLC | Added | +1.2m |
| TWO SIGMA INVESTMENTS, LP | New | +1.1m |
| JANUS HENDERSON GROUP PLC | Added | +1.1m |
| Invesco Ltd. | Added | +1.1m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -13.9m |
| Capital World Investors | Reduced | -4.7m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -4.5m |
| BAILLIE GIFFORD & CO | Reduced | -3.1m |
| LORD, ABBETT & CO. LLC | Reduced | -2.7m |
| GQG Partners LLC | Reduced | -2.5m |
| ALKEON CAPITAL MANAGEMENT LLC | Reduced | -2.2m |
| FengHe Fund Management Pte. Ltd. | Reduced | -2.0m |
| COATUE MANAGEMENT LLC | Reduced | -2.0m |
| ROYAL BANK OF CANADA | Reduced | -2.0m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.9bn10.9m shares |
| CITADEL ADVISORS LLC | Added | $973.6m5.6m shares |
| ALKEON CAPITAL MANAGEMENT LLC | Reduced | $868.3m5.0m shares |
| D. E. Shaw & Co., Inc. | Added | $336.3m1.9m shares |
| JPMORGAN CHASE & CO | Added | $285.8m1.6m shares |
| UBS Group AG | Added | $274.1m1.6m shares |
| SIMPLEX TRADING, LLC | Reduced | $227.2m1.3m shares |
| IMC-Chicago, LLC | Reduced | $224.4m1.3m shares |
| JANE STREET GROUP, LLC | Reduced | $212.8m1.2m shares |
| PEAK6 Investments LLC | Added | $212.6m1.2m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.6bn14.9m shares |
| JPMORGAN CHASE & CO | Reduced | $2.0bn11.7m shares |
| JANE STREET GROUP, LLC | Added | $1.3bn7.2m shares |
| CITADEL ADVISORS LLC | Reduced | $1.2bn6.8m shares |
| UBS Group AG | Added | $1.1bn6.4m shares |
| PEAK6 Investments LLC | Added | $563.7m3.2m shares |
| TOMS Capital Investment Management LP | Reduced | $475.5m2.7m shares |
| SIMPLEX TRADING, LLC | Added | $472.7m2.7m shares |
| Parallax Volatility Advisers, L.P. | Added | $433.9m2.5m shares |
| IMC-Chicago, LLC | Reduced | $331.0m1.9m 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 Q3 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 Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.48% of their portfolio | 69.6m $12.1bn | Reduced -13.9m |
| FMR LLC 0.59% of their portfolio | 56.0m $9.7bn | Added +3.8m |
| Sanders Capital, LLC 10.48% of their portfolio | 41.6m $7.2bn | Reduced -67.1k |
| Capital World Investors 0.95% of their portfolio | 35.3m $6.1bn | Reduced -4.7m |
| Fisher Asset Management, LLC 2.05% of their portfolio | 28.8m $5.0bn | Added +359.9k |
| Bank of New York Mellon Corp 0.73% of their portfolio | 22.6m $3.9bn | Reduced -977.8k |
| Capital International Investors 0.69% of their portfolio | 20.5m $3.6bn | Added +1.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.05% of their portfolio | 20.2m $3.5bn | Reduced -4.5m |
| VAN ECK ASSOCIATES CORP 4.59% of their portfolio | 18.3m $3.7bn | Added +122.8k |
| MORGAN STANLEY 0.22% of their portfolio | 17.8m $3.1bn | Added +1.5m |
| BlackRock, Inc. 0.06% of their portfolio | 15.4m $2.7bn | First filing |
| BANK OF AMERICA CORP /DE/ 0.20% of their portfolio | 13.1m $2.3bn | Added +747.3k |
| Fiera Capital Corp 5.81% of their portfolio | 11.1m $1.9bn | Reduced -1.1m |
| GOLDMAN SACHS GROUP INC 0.34% of their portfolio | 10.1m $1.8bn | Added +993.5k |
| WCM INVESTMENT MANAGEMENT, LLC 3.93% of their portfolio | 9.7m $1.7bn | Added +1.2m |
| COATUE MANAGEMENT LLC 6.04% of their portfolio | 9.4m $1.6bn | Reduced -2.0m |
| ROYAL BANK OF CANADA 0.35% of their portfolio | 9.1m $1.6bn | Reduced -2.0m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 3.52% of their portfolio | 8.2m $1.4bn | Reduced -675.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 7.8m $42.5m | Added +2.7m |
| Harding Loevner LP 7.47% of their portfolio | 7.5m $1.3bn | Reduced -482.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.34% of their portfolio | 7.4m $1.3bn | Reduced -220.8k |
| UBS Group AG 0.35% of their portfolio | 7.1m $1.2bn | Reduced -306.6k |
| GQG Partners LLC 1.92% of their portfolio | 7.0m $1.2bn | Reduced -2.5m |
| JANUS HENDERSON GROUP PLC 0.58% of their portfolio | 6.5m $1.1bn | Added +1.1m |
| FRANKLIN RESOURCES INC 0.35% of their portfolio | 6.4m $1.2bn | Added +750.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.12% of their portfolio | 6.2m $1.1bn | Reduced -1.6m |
| ALKEON CAPITAL MANAGEMENT LLC 5.90% of their portfolio | 6.2m $1.1bn | Reduced -2.2m |
| First Eagle Investment Management, LLC 2.09% of their portfolio | 5.9m $1.0bn | Reduced -426.2k |
| Artisan Partners Limited Partnership 1.51% of their portfolio | 5.8m $1.0bn | Added +208.4k |
| ALLIANCEBERNSTEIN L.P. 0.32% of their portfolio | 5.5m $949.2m | Added +3.5m |
| EAGLE CAPITAL MANAGEMENT LLC 3.35% of their portfolio | 5.2m $902.4m | Reduced -920.6k |
| BROWN ADVISORY INC 1.11% of their portfolio | 5.1m $883.4m | Reduced -509.9k |
| PineStone Asset Management Inc. 8.29% of their portfolio | 4.9m $858.5m | Added +68.3k |
| Clearbridge Investments, LLC 0.65% of their portfolio | 4.8m $826.3m | Added +1.0m |
| BARCLAYS PLC 0.36% of their portfolio | 4.7m $823.8m | Reduced -776.8k |
| AMERICAN CENTURY COMPANIES INC 0.47% of their portfolio | 4.7m $815.7m | Added +177.0k |
| SANDS CAPITAL MANAGEMENT, LLC 2.47% of their portfolio | 4.7m $813.4m | Reduced -95.7k |
| Russell Investments Group, Ltd. 1.16% of their portfolio | 4.6m $801.4m | Reduced -239.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.13% of their portfolio | 4.4m $768.0m | Reduced -837.6k |
| AMERIPRISE FINANCIAL INC 0.19% of their portfolio | 4.3m $745.6m | Added +656.4k |
| NORTHERN TRUST CORP 0.12% of their portfolio | 4.3m $746.9m | Added +112.3k |
| LAZARD ASSET MANAGEMENT LLC 1.00% of their portfolio | 4.3m $745.3m | Reduced -48.8k |
| LONE PINE CAPITAL LLC 5.46% of their portfolio | 4.2m $731.6m | Reduced -1.8m |
| Allspring Global Investments Holdings, LLC 1.10% of their portfolio | 4.1m $709.1m | Added +80.1k |
| DIMENSIONAL FUND ADVISORS LP 0.17% of their portfolio | 4.1m $704.3m | Added +106.2k |
| JENNISON ASSOCIATES LLC 0.43% of their portfolio | 4.0m $697.9m | Added +304.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.22% of their portfolio | 3.9m $671.7m | Added +218.1k |
| WELLS FARGO & COMPANY/MN 0.15% of their portfolio | 3.7m $634.9m | Added +313.0k |
| TIGER GLOBAL MANAGEMENT LLC 2.69% of their portfolio | 3.6m $631.3m | Added +564.1k |
| Nuveen Asset Management, LLC 0.17% of their portfolio | 3.5m $614.1m | Reduced -495.4k |
| FIL Ltd 0.55% of their portfolio | 3.5m $607.0m | Added +209.9k |
| JANE STREET GROUP, LLC 0.96% of their portfolio | 3.4m $597.0m | Added +722.5k |
| MACQUARIE GROUP LTD 0.59% of their portfolio | 3.1m $542.6m | Added +120.7k |
| Driehaus Capital Management LLC 4.58% of their portfolio | 3.1m $533.4m | Reduced -217.3k |
| Invesco Ltd. 0.10% of their portfolio | 3.0m $526.1m | Added +1.1m |
| Cantillon Capital Management LLC 3.18% of their portfolio | 3.0m $520.3m | Reduced -89.4k |
| SEI INVESTMENTS CO 0.67% of their portfolio | 3.0m $516.0m | Reduced -74.2k |
| WINDACRE PARTNERSHIP LLC 6.74% of their portfolio | 2.9m $507.5m | Reduced -212.0k |
| Ruane, Cunniff & Goldfarb L.P. 7.89% of their portfolio | 2.9m $504.5m | Reduced -119.0k |
| Ninety One UK Ltd 1.25% of their portfolio | 2.7m $469.8m | Reduced -373.5k |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.15% of their portfolio | 2.7m $466.8m | Reduced -338.2k |
| Vontobel Holding Ltd. 1.40% of their portfolio | 2.5m $432.8m | Reduced -456.4k |
| BlueSpruce Investments, LP 7.96% of their portfolio | 2.5m $432.0m | Added +288.9k |
| COMGEST GLOBAL INVESTORS S.A.S. 5.35% of their portfolio | 2.2m $373.7m | Added +96.7k |
| SATURNA CAPITAL CORP 4.84% of their portfolio | 2.1m $370.4m | Added +2.6k |
| BAILLIE GIFFORD & CO 0.28% of their portfolio | 2.1m $369.9m | Reduced -3.1m |
| AXIOM INVESTORS LLC /DE 3.21% of their portfolio | 2.1m $366.0m | Reduced -123.4k |
| Sarasin & Partners LLP 3.42% of their portfolio | 2.1m $362.8m | Reduced -1.1m |
| LORD, ABBETT & CO. LLC 1.15% of their portfolio | 2.1m $362.6m | Reduced -2.7m |
| BNP PARIBAS FINANCIAL MARKETS 0.35% of their portfolio | 2.1m $361.8m | Added +827.6k |
| FRED ALGER MANAGEMENT, LLC 1.74% of their portfolio | 2.1m $358.7m | Added +160.0k |
| Mirova US LLC 4.07% of their portfolio | 2.0m $355.0m | Reduced -310.1k |
| NATIXIS ADVISORS, LLC 0.69% of their portfolio | 2.0m $354.3m | Reduced -30.2k |
| CONSOLIDATED PRESS INTERNATIONAL HOLDINGS LTD 54.97% of their portfolio | 2.0m $351.9m | Added +837.3k |
| MARTIN CURRIE LTD 13.48% of their portfolio | 2.0m $379.8m | Reduced -139.2k |
| MILLENNIUM MANAGEMENT LLC 0.30% of their portfolio | 2.0m $343.0m | Reduced -412.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 1.9m $329.8m | Added +1.7m |
| Hudson Bay Capital Management LP 2.25% of their portfolio | 1.9m $326.6m | Added +499.3k |
| Rafferty Asset Management, LLC 1.11% of their portfolio | 1.9m $325.1m | Added +18.1k |
| AustralianSuper Pty Ltd 1.60% of their portfolio | 1.8m $320.0m | Unchanged |
| CITADEL ADVISORS LLC 0.33% of their portfolio | 1.8m $317.6m | Reduced -135.6k |
| Fayez Sarofim & Co 0.81% of their portfolio | 1.8m $317.2m | Added +168.7k |
| LANSDOWNE PARTNERS (UK) LLP 24.26% of their portfolio | 1.8m $310.3m | Reduced -395.4k |
| Third Point LLC 4.16% of their portfolio | 1.8m $309.1m | Reduced -245.0k |
| Greenwoods Asset Management Hong Kong Ltd. 9.49% of their portfolio | 1.7m $299.1m | Reduced -995.2k |
| Capital Research Global Investors 0.06% of their portfolio | 1.7m $298.7m | Reduced -4.3k |
| RAYMOND JAMES & ASSOCIATES 0.18% of their portfolio | 1.7m $297.3m | Added +107.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.30% of their portfolio | 1.7m $292.4m | Reduced -1.6m |
| CANADA LIFE ASSURANCE Co 0.51% of their portfolio | 1.7m $292.4m | Reduced -152.1k |
| CITIGROUP INC 0.27% of their portfolio | 1.7m $291.8m | Added +33.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.71% of their portfolio | 1.6m $285.5m | Reduced -442.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.16% of their portfolio | 1.6m $284.5m | Reduced -443.1k |
| MENORA MIVTACHIM HOLDINGS LTD. 1.79% of their portfolio | 1.6m $283.4m | Added +96.2k |
| Amundi 0.11% of their portfolio | 1.6m $295.9m | Reduced -209.9k |
| CI INVESTMENTS INC. 1.05% of their portfolio | 1.6m $275.1m | Reduced -1.2m |
| Intermede Investment Partners Ltd 5.96% of their portfolio | 1.6m $270.2m | Reduced -31.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.23% of their portfolio | 1.5m $267.4m | Added +47.3k |
| AMF Tjanstepension AB 1.90% of their portfolio | 1.5m $266.3m | Added +70.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.44% of their portfolio | 1.5m $262.0m | Reduced -474.1k |
| Voyager Global Management LP 11.09% of their portfolio | 1.5m $256.2m | Added +325.0k |