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 ($529.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $197.51. Options: 74 managers hold calls ($11.3bn notional), 82 hold puts ($17.5bn).
Trends to Q4 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 |
| Q4 2024 | 2,467 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2024 | 1,152 | 936 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $9.0bn | $10.4bn | 1.15 |
| Q2 2024 | $8.8bn | $13.9bn | 1.59 |
| Q3 2024 | $7.7bn | $14.2bn | 1.83 |
| Q4 2024 | $11.3bn | $17.5bn | 1.55 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +4.2m |
| VIKING GLOBAL INVESTORS LP | New | +4.1m |
| JENNISON ASSOCIATES LLC | Added | +2.9m |
| FMR LLC | Added | +2.6m |
| FRANKLIN RESOURCES INC | Added | +2.1m |
| NORTHERN TRUST CORP | Added | +1.9m |
| JANE STREET GROUP, LLC | Added | +1.9m |
| HSBC HOLDINGS PLC | Added | +1.8m |
| Alphinity Investment Management Pty Ltd | New | +1.8m |
| BlackRock, Inc. | Added | +1.7m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -35.8m |
| Bank of New York Mellon Corp | Reduced | -3.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -3.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -2.5m |
| Sarasin & Partners LLP | Sold out | -2.1m |
| FRED ALGER MANAGEMENT, LLC | Sold out | -2.1m |
| ROYAL BANK OF CANADA | Reduced | -2.0m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -1.4m |
| Harding Loevner LP | Reduced | -1.4m |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | Sold out | -1.3m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.2bn16.2m shares |
| CITADEL ADVISORS LLC | Added | $1.4bn7.2m shares |
| JANE STREET GROUP, LLC | Added | $1.3bn6.6m shares |
| ALKEON CAPITAL MANAGEMENT LLC | Reduced | $888.7m4.5m shares |
| IMC-Chicago, LLC | Added | $440.2m2.2m shares |
| SIMPLEX TRADING, LLC | Added | $374.3m1.9m shares |
| GOLDMAN SACHS GROUP INC | Added | $328.0m1.7m shares |
| WOLVERINE TRADING, LLC | Added | $265.7m1.3m shares |
| PEAK6 LLC | First filing | $239.8m1.2m shares |
| UBS Group AG | Reduced | $232.6m1.2m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.5bn12.6m shares |
| JANE STREET GROUP, LLC | Added | $2.4bn12.2m shares |
| JPMORGAN CHASE & CO | Reduced | $1.6bn7.9m shares |
| CITADEL ADVISORS LLC | Added | $1.5bn7.8m shares |
| UBS Group AG | Added | $1.4bn6.9m shares |
| PEAK6 LLC | First filing | $1.1bn5.5m shares |
| TOMS Capital Investment Management LP | Added | $596.7m3.0m shares |
| SIMPLEX TRADING, LLC | Added | $554.9m2.8m shares |
| IMC-Chicago, LLC | Added | $481.1m2.4m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $434.0m2.2m 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 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 Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.69% of their portfolio | 58.5m $11.6bn | Added +2.6m |
| Sanders Capital, LLC 12.09% of their portfolio | 41.9m $8.3bn | Added +231.3k |
| Capital World Investors 1.07% of their portfolio | 35.6m $7.0bn | Added +294.3k |
| JPMORGAN CHASE & CO 0.53% of their portfolio | 33.9m $6.7bn | Reduced -35.8m |
| Fisher Asset Management, LLC 2.23% of their portfolio | 28.4m $5.6bn | Reduced -415.2k |
| Capital International Investors 0.83% of their portfolio | 22.2m $4.4bn | Added +1.7m |
| VAN ECK ASSOCIATES CORP 4.90% of their portfolio | 19.4m $3.8bn | Added +1.1m |
| Bank of New York Mellon Corp 0.71% of their portfolio | 19.4m $3.8bn | Reduced -3.2m |
| MORGAN STANLEY 0.25% of their portfolio | 18.4m $3.6bn | Added +533.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.11% of their portfolio | 17.7m $3.5bn | Reduced -2.5m |
| BlackRock, Inc. 0.07% of their portfolio | 17.1m $3.4bn | Added +1.7m |
| BANK OF AMERICA CORP /DE/ 0.22% of their portfolio | 12.0m $2.4bn | Reduced -1.1m |
| GOLDMAN SACHS GROUP INC 0.42% of their portfolio | 11.1m $2.2bn | Added +928.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.24% of their portfolio | 10.4m $2.0bn | Added +4.2m |
| COATUE MANAGEMENT LLC 6.63% of their portfolio | 10.0m $2.0bn | Added +596.3k |
| Fiera Capital Corp 6.18% of their portfolio | 9.9m $2.0bn | Reduced -1.2m |
| WCM INVESTMENT MANAGEMENT, LLC 4.56% of their portfolio | 9.7m $1.9bn | Reduced -63.2k |
| UBS Group AG 0.38% of their portfolio | 8.7m $1.7bn | Added +1.6m |
| FRANKLIN RESOURCES INC 0.47% of their portfolio | 8.5m $1.7bn | Added +2.1m |
| GQG Partners LLC 2.29% of their portfolio | 7.8m $1.5bn | Added +777.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 3.72% of their portfolio | 7.7m $1.5bn | Reduced -496.1k |
| JANUS HENDERSON GROUP PLC 0.74% of their portfolio | 7.4m $1.5bn | Added +895.4k |
| ROYAL BANK OF CANADA 0.30% of their portfolio | 7.0m $1.4bn | Reduced -2.0m |
| JENNISON ASSOCIATES LLC 0.83% of their portfolio | 6.9m $1.4bn | Added +2.9m |
| ALLIANCEBERNSTEIN L.P. 0.45% of their portfolio | 6.7m $1.3bn | Added +1.3m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.26% of their portfolio | 6.6m $1.3bn | Reduced -812.9k |
| NORTHERN TRUST CORP 0.17% of their portfolio | 6.2m $1.2bn | Added +1.9m |
| ALKEON CAPITAL MANAGEMENT LLC 7.04% of their portfolio | 6.2m $1.2bn | Reduced -50.0k |
| Harding Loevner LP 8.11% of their portfolio | 6.1m $1.2bn | Reduced -1.4m |
| First Eagle Investment Management, LLC 2.49% of their portfolio | 5.6m $1.1bn | Reduced -213.5k |
| Artisan Partners Limited Partnership 1.70% of their portfolio | 5.6m $1.1bn | Reduced -191.6k |
| JANE STREET GROUP, LLC 1.70% of their portfolio | 5.4m $1.1bn | Added +1.9m |
| EAGLE CAPITAL MANAGEMENT LLC 3.74% of their portfolio | 5.2m $1.0bn | Reduced -5.2k |
| BARCLAYS PLC 0.48% of their portfolio | 5.0m $980.9m | Added +223.3k |
| AMERICAN CENTURY COMPANIES INC 0.56% of their portfolio | 4.9m $976.6m | Added +248.3k |
| Russell Investments Group, Ltd. 1.30% of their portfolio | 4.8m $941.7m | Added +155.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.75% of their portfolio | 4.7m $936.9m | Reduced -3.0m |
| BROWN ADVISORY INC 1.18% of their portfolio | 4.7m $932.4m | Reduced -365.9k |
| PineStone Asset Management Inc. 8.59% of their portfolio | 4.6m $916.7m | Reduced -301.4k |
| SANDS CAPITAL MANAGEMENT, LLC 2.57% of their portfolio | 4.4m $869.1m | Reduced -282.6k |
| AMERIPRISE FINANCIAL INC 0.22% of their portfolio | 4.3m $851.1m | Added +12.9k |
| LAZARD ASSET MANAGEMENT LLC 1.23% of their portfolio | 4.3m $842.2m | Reduced -27.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.15% of their portfolio | 4.2m $833.6m | Reduced -201.3k |
| Invesco Ltd. 0.15% of their portfolio | 4.2m $825.2m | Added +1.1m |
| Clearbridge Investments, LLC 0.66% of their portfolio | 4.1m $817.2m | Reduced -619.7k |
| VIKING GLOBAL INVESTORS LP 2.61% of their portfolio | 4.1m $807.7m | New |
| Nuveen Asset Management, LLC 0.22% of their portfolio | 3.9m $778.8m | Added +410.2k |
| Allspring Global Investments Holdings, LLC 1.26% of their portfolio | 3.9m $786.3m | Reduced -181.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.24% of their portfolio | 3.8m $746.4m | Reduced -88.0k |
| LONE PINE CAPITAL LLC 5.52% of their portfolio | 3.8m $742.7m | Reduced -452.4k |
| WELLS FARGO & COMPANY/MN 0.18% of their portfolio | 3.7m $737.0m | Added +76.1k |
| DIMENSIONAL FUND ADVISORS LP 0.17% of their portfolio | 3.7m $721.0m | Reduced -404.4k |
| TIGER GLOBAL MANAGEMENT LLC 2.71% of their portfolio | 3.6m $717.9m | Unchanged |
| Driehaus Capital Management LLC 5.07% of their portfolio | 3.1m $613.9m | Added +37.1k |
| MACQUARIE GROUP LTD 0.73% of their portfolio | 3.1m $611.1m | Reduced -30.2k |
| FIL Ltd 0.56% of their portfolio | 3.0m $601.5m | Reduced -449.5k |
| Cantillon Capital Management LLC 3.59% of their portfolio | 3.0m $594.8m | Added +16.0k |
| SEI INVESTMENTS CO 0.74% of their portfolio | 2.9m $578.7m | Reduced -40.9k |
| Ninety One UK Ltd 1.42% of their portfolio | 2.7m $529.2m | Reduced -25.7k |
| WINDACRE PARTNERSHIP LLC 7.35% of their portfolio | 2.5m $500.9m | Reduced -385.8k |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.22% of their portfolio | 2.5m $500.5m | Reduced -153.7k |
| Point72 Asset Management, L.P. 1.35% of their portfolio | 2.5m $492.7m | Added +1.3m |
| NATIXIS ADVISORS, LLC 0.91% of their portfolio | 2.5m $488.1m | Added +431.4k |
| AXIOM INVESTORS LLC /DE 3.51% of their portfolio | 2.4m $475.8m | Added +301.7k |
| HSBC HOLDINGS PLC 0.29% of their portfolio | 2.4m $475.6m | Added +1.8m |
| VOYA INVESTMENT MANAGEMENT LLC 0.48% of their portfolio | 2.3m $462.6m | Added +658.9k |
| RAYMOND JAMES FINANCIAL INC 0.17% of their portfolio | 2.3m $457.5m | First filing |
| BlueSpruce Investments, LP 9.22% of their portfolio | 2.3m $453.7m | Reduced -190.0k |
| Balyasny Asset Management L.P. 1.01% of their portfolio | 2.2m $434.8m | Added +908.8k |
| COMGEST GLOBAL INVESTORS S.A.S. 7.03% of their portfolio | 2.2m $428.9m | Added +19.8k |
| Vontobel Holding Ltd. 1.46% of their portfolio | 2.2m $426.8m | Reduced -331.0k |
| SATURNA CAPITAL CORP 5.71% of their portfolio | 2.1m $421.2m | Reduced -144 |
| CONSOLIDATED PRESS INTERNATIONAL HOLDINGS LTD 60.32% of their portfolio | 2.0m $400.2m | Unchanged |
| BAILLIE GIFFORD & CO 0.30% of their portfolio | 1.9m $384.2m | Reduced -184.4k |
| Fayez Sarofim & Co 0.95% of their portfolio | 1.9m $389.9m | Added +115.5k |
| Ruane, Cunniff & Goldfarb L.P. 6.48% of their portfolio | 1.9m $381.9m | Reduced -970.8k |
| MARTIN CURRIE LTD 13.97% of their portfolio | 1.9m $379.8m | Reduced -52.6k |
| CITIGROUP INC 0.36% of their portfolio | 1.9m $372.0m | Added +203.4k |
| MILLENNIUM MANAGEMENT LLC 0.32% of their portfolio | 1.9m $370.4m | Reduced -99.7k |
| 1832 Asset Management L.P. 0.66% of their portfolio | 1.9m $366.7m | Added +555.4k |
| LORD, ABBETT & CO. LLC 1.15% of their portfolio | 1.8m $363.0m | Reduced -249.5k |
| Third Point LLC 4.72% of their portfolio | 1.8m $351.5m | Unchanged |
| Alphinity Investment Management Pty Ltd 1.90% of their portfolio | 1.8m $349.2m | New |
| Capital Research Global Investors 0.07% of their portfolio | 1.7m $342.9m | Added +17.3k |
| Mirova US LLC 4.03% of their portfolio | 1.7m $335.7m | Reduced -344.1k |
| LANSDOWNE PARTNERS (UK) LLP 23.85% of their portfolio | 1.7m $328.2m | Reduced -124.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.48% of their portfolio | 1.6m $321.8m | Added +780.8k |
| Amundi 0.12% of their portfolio | 1.6m $334.3m | Added +23.8k |
| Verition Fund Management LLC 1.60% of their portfolio | 1.6m $316.2m | Added +544.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.24% of their portfolio | 1.6m $316.0m | Reduced -483.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 1.6m $314.0m | Reduced -309.2k |
| CANADA LIFE ASSURANCE Co 0.54% of their portfolio | 1.6m $313.5m | Reduced -92.2k |
| Canoe Financial LP 5.08% of their portfolio | 1.6m $311.9m | Added +1.1m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.27% of their portfolio | 1.6m $310.6m | Added +33.2k |
| Magellan Asset Management Ltd 3.37% of their portfolio | 1.6m $306.6m | Added +1.1m |
| Swedbank AB 0.38% of their portfolio | 1.6m $306.2m | Added +249.5k |
| MENORA MIVTACHIM HOLDINGS LTD. 1.85% of their portfolio | 1.5m $295.6m | Reduced -135.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.16% of their portfolio | 1.5m $295.5m | Reduced -141.8k |
| Rafferty Asset Management, LLC 0.99% of their portfolio | 1.4m $280.8m | Reduced -450.1k |
| AustralianSuper Pty Ltd 1.32% of their portfolio | 1.4m $279.0m | Reduced -430.0k |