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 ($1.0bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $226.54. Options: 87 managers hold calls ($14.3bn notional), 83 hold puts ($21.3bn).
Trends to Q2 2025
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 |
| Q1 2025 | 2,444 |
| Q2 2025 | 2,646 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 1,299 | 1,058 |
| Q2 2025 | 1,487 | 961 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $7.7bn | $14.2bn | 1.83 |
| Q4 2024 | $11.3bn | $17.5bn | 1.55 |
| Q1 2025 | $9.4bn | $15.5bn | 1.65 |
| Q2 2025 | $14.3bn | $21.3bn | 1.49 |
Biggest buyers
| FMR LLC | Added | +9.4m |
| ROYAL BANK OF CANADA | Added | +5.8m |
| JENNISON ASSOCIATES LLC | Added | +2.5m |
| BROWN ADVISORY INC | Added | +2.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.8m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +1.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.7m |
| ALLIANCEBERNSTEIN L.P. | Added | +1.6m |
| Stockbridge Partners LLC | Added | +1.3m |
| 1832 Asset Management L.P. | Added | +1.3m |
Biggest sellers
| New Vernon Capital Holdings II LLC | Reduced | -6.7m |
| MORGAN STANLEY | Reduced | -5.3m |
| Sanders Capital, LLC | Reduced | -3.2m |
| GOLDMAN SACHS GROUP INC | Reduced | -2.6m |
| D. E. Shaw & Co., Inc. | Reduced | -2.5m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -2.3m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -2.2m |
| CONSOLIDATED PRESS INTERNATIONAL HOLDINGS LTD | Sold out | -2.0m |
| Clearbridge Investments, LLC | Reduced | -1.8m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -1.7m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.4bn14.9m shares |
| JANE STREET GROUP, LLC | Added | $1.6bn6.9m shares |
| CITADEL ADVISORS LLC | Added | $1.5bn6.5m shares |
| ALKEON CAPITAL MANAGEMENT LLC | Reduced | $1.3bn5.8m shares |
| PEAK6 LLC | Added | $1.0bn4.5m shares |
| IMC-Chicago, LLC | Added | $542.9m2.4m shares |
| NOMURA HOLDINGS INC | Added | $403.9m1.8m shares |
| UBS Group AG | Reduced | $374.6m1.7m shares |
| CTC LLC | Added | $364.2m1.6m shares |
| SIMPLEX TRADING, LLC | Reduced | $349.5m1.5m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.8bn17.0m shares |
| JANE STREET GROUP, LLC | Added | $3.6bn15.8m shares |
| UBS Group AG | Added | $1.6bn7.2m shares |
| CITADEL ADVISORS LLC | Reduced | $1.5bn6.6m shares |
| PEAK6 LLC | Added | $1.5bn6.5m shares |
| HSBC HOLDINGS PLC | Added | $843.0m3.7m shares |
| JPMORGAN CHASE & CO | Added | $761.3m3.4m shares |
| SIMPLEX TRADING, LLC | Added | $675.5m3.0m shares |
| IMC-Chicago, LLC | Added | $673.0m3.0m shares |
| Optiver Holding B.V. | Reduced | $587.2m2.6m 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 2025
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 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.78% of their portfolio | 61.4m $13.9bn | Added +9.4m |
| Sanders Capital, LLC 11.64% of their portfolio | 38.3m $8.7bn | Reduced -3.2m |
| Capital World Investors 1.05% of their portfolio | 31.9m $7.2bn | Added +1.1m |
| JPMORGAN CHASE & CO 0.44% of their portfolio | 28.4m $6.4bn | Added +839.2k |
| Capital International Investors 1.00% of their portfolio | 25.6m $5.8bn | Added +1.2m |
| Fisher Asset Management, LLC 1.59% of their portfolio | 17.7m $4.0bn | Reduced -340.4k |
| VAN ECK ASSOCIATES CORP 4.41% of their portfolio | 17.2m $3.9bn | Reduced -235.3k |
| Bank of New York Mellon Corp 0.73% of their portfolio | 17.0m $3.9bn | Reduced -601.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.09% of their portfolio | 15.2m $3.4bn | Reduced -586.3k |
| BANK OF AMERICA CORP /DE/ 0.27% of their portfolio | 14.8m $3.4bn | Added +115.2k |
| BlackRock, Inc. 0.06% of their portfolio | 14.4m $3.3bn | Reduced -117.3k |
| MORGAN STANLEY 0.20% of their portfolio | 13.7m $3.1bn | Reduced -5.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.34% of their portfolio | 13.3m $3.0bn | Added +919.8k |
| JENNISON ASSOCIATES LLC 1.62% of their portfolio | 12.0m $2.7bn | Added +2.5m |
| ROYAL BANK OF CANADA 0.24% of their portfolio | 11.0m $2.5bn | Added +5.8m |
| GOLDMAN SACHS GROUP INC 0.39% of their portfolio | 10.8m $2.4bn | Reduced -2.6m |
| ALLIANCEBERNSTEIN L.P. 0.77% of their portfolio | 10.5m $2.4bn | Added +1.6m |
| WCM INVESTMENT MANAGEMENT, LLC 5.25% of their portfolio | 10.1m $2.3bn | Added +324.6k |
| SANDS CAPITAL MANAGEMENT, LLC 5.56% of their portfolio | 8.6m $1.9bn | Added +525.0k |
| UBS Group AG 0.39% of their portfolio | 8.3m $1.9bn | Reduced -1.7k |
| COATUE MANAGEMENT LLC 5.09% of their portfolio | 8.1m $1.8bn | Added +108.2k |
| JANUS HENDERSON GROUP PLC 0.83% of their portfolio | 7.5m $1.7bn | Added +378.8k |
| Fiera Capital Corp 5.65% of their portfolio | 7.4m $1.7bn | Reduced -390.8k |
| FRANKLIN RESOURCES INC 0.44% of their portfolio | 7.4m $1.7bn | Reduced -28.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.36% of their portfolio | 7.1m $1.6bn | Added +840.0k |
| PineStone Asset Management Inc. 10.30% of their portfolio | 7.0m $1.6bn | Added +240.4k |
| First Eagle Investment Management, LLC 3.03% of their portfolio | 6.7m $1.5bn | Added +1.0m |
| BROWN ADVISORY INC 1.98% of their portfolio | 6.7m $1.5bn | Added +2.0m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 3.98% of their portfolio | 6.6m $1.5bn | Reduced -739.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.26% of their portfolio | 6.4m $1.4bn | Added +1.7m |
| NORTHERN TRUST CORP 0.20% of their portfolio | 6.3m $1.4bn | Reduced -9.3k |
| AMERICAN CENTURY COMPANIES INC 0.72% of their portfolio | 5.8m $1.3bn | Added +1.1m |
| GQG Partners LLC 1.83% of their portfolio | 5.7m $1.3bn | Reduced -1.3m |
| Harding Loevner LP 8.56% of their portfolio | 5.6m $1.3bn | Reduced -135.5k |
| ALKEON CAPITAL MANAGEMENT LLC 6.12% of their portfolio | 5.6m $1.3bn | Reduced -587.3k |
| JANE STREET GROUP, LLC 1.86% of their portfolio | 5.1m $1.2bn | Added +227.9k |
| EAGLE CAPITAL MANAGEMENT LLC 3.76% of their portfolio | 5.0m $1.1bn | Reduced -110.0k |
| Russell Investments Group, Ltd. 1.40% of their portfolio | 4.9m $1.1bn | Added +160.1k |
| BARCLAYS PLC 0.44% of their portfolio | 4.8m $1.1bn | Reduced -659 |
| TIGER GLOBAL MANAGEMENT LLC 3.04% of their portfolio | 4.6m $1.0bn | Added +336.9k |
| LAZARD ASSET MANAGEMENT LLC 1.41% of their portfolio | 4.5m $1.0bn | Added +65.8k |
| VIKING GLOBAL INVESTORS LP 2.83% of their portfolio | 4.3m $980.5m | Reduced -560.0k |
| AMERIPRISE FINANCIAL INC 0.23% of their portfolio | 4.2m $952.3m | Added +245.9k |
| HSBC HOLDINGS PLC 0.61% of their portfolio | 4.2m $947.2m | Added +789.1k |
| WELLS FARGO & COMPANY/MN 0.20% of their portfolio | 3.9m $889.2m | Reduced -1.4m |
| ENVESTNET ASSET MANAGEMENT INC 0.26% of their portfolio | 3.9m $874.4m | Added +133.3k |
| DIMENSIONAL FUND ADVISORS LP 0.19% of their portfolio | 3.6m $809.3m | Added +2.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.56% of their portfolio | 3.5m $798.6m | Added +1.8m |
| LONE PINE CAPITAL LLC 5.63% of their portfolio | 3.4m $778.2m | Reduced -429.5k |
| MACQUARIE GROUP LTD 0.89% of their portfolio | 3.2m $727.6m | Reduced -16.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.72% of their portfolio | 3.2m $721.1m | Reduced -2.2m |
| Invesco Ltd. 0.12% of their portfolio | 3.2m $715.8m | Reduced -67.9k |
| CITIGROUP INC 0.47% of their portfolio | 3.0m $682.0m | Reduced -286.1k |
| WINDACRE PARTNERSHIP LLC 9.13% of their portfolio | 2.9m $666.1m | Added +279.9k |
| Cantillon Capital Management LLC 3.72% of their portfolio | 2.8m $643.0m | Reduced -82.4k |
| Nuveen, LLC 0.17% of their portfolio | 2.8m $623.0m | Reduced -156.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.31% of their portfolio | 2.6m $592.5m | Added +13.1k |
| Driehaus Capital Management LLC 4.64% of their portfolio | 2.6m $579.7m | Reduced -140.4k |
| Alphinity Investment Management Pty Ltd 4.92% of their portfolio | 2.5m $574.9m | Reduced -412.4k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.59% of their portfolio | 2.5m $566.2m | Added +1.8m |
| 1832 Asset Management L.P. 0.98% of their portfolio | 2.5m $562.7m | Added +1.3m |
| NATIXIS ADVISORS, LLC 0.88% of their portfolio | 2.5m $555.2m | Added +167.5k |
| RAYMOND JAMES FINANCIAL INC 0.19% of their portfolio | 2.4m $554.3m | Added +218.9k |
| Artisan Partners Limited Partnership 0.82% of their portfolio | 2.4m $548.8m | Reduced -869.6k |
| Migdal Insurance & Financial Holdings Ltd. 3.26% of their portfolio | 2.4m $549.7m | Added +1.1m |
| SEI INVESTMENTS CO 0.62% of their portfolio | 2.4m $535.5m | Reduced -125.8k |
| Clearbridge Investments, LLC 0.42% of their portfolio | 2.3m $514.4m | Reduced -1.8m |
| BAILLIE GIFFORD & CO 0.38% of their portfolio | 2.3m $513.1m | Reduced -229.8k |
| Select Equity Group, L.P. 2.18% of their portfolio | 2.3m $511.9m | Added +406.3k |
| COMGEST GLOBAL INVESTORS S.A.S. 8.60% of their portfolio | 2.2m $503.9m | Added +26.3k |
| Stockbridge Partners LLC 9.82% of their portfolio | 2.2m $502.4m | Added +1.3m |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.14% of their portfolio | 2.2m $500.1m | Reduced -341.5k |
| SATURNA CAPITAL CORP 6.54% of their portfolio | 2.1m $484.1m | Added +4.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.10% of their portfolio | 2.1m $482.0m | Added +206.6k |
| BlueSpruce Investments, LP 11.03% of their portfolio | 2.1m $474.0m | Reduced -304.9k |
| Vontobel Holding Ltd. 1.54% of their portfolio | 2.1m $469.0m | Added +431.6k |
| Ninety One UK Ltd 1.07% of their portfolio | 2.0m $454.3m | Added +24.7k |
| Fayez Sarofim & Co 1.10% of their portfolio | 2.0m $459.4m | Reduced -10.8k |
| SOFTBANK GROUP CORP. 1.80% of their portfolio | 2.0m $449.6m | Unchanged |
| Magellan Asset Management Ltd 4.99% of their portfolio | 1.9m $436.2m | Added +123.3k |
| Ruane, Cunniff & Goldfarb L.P. 7.45% of their portfolio | 1.9m $434.3m | Added +51.4k |
| Capital Research Global Investors 0.08% of their portfolio | 1.9m $424.5m | Reduced -102.2k |
| Soroban Capital Partners LP 4.07% of their portfolio | 1.8m $417.7m | Added +344.0k |
| Amundi 0.15% of their portfolio | 1.8m $424.6m | Added +130.2k |
| AMF Tjanstepension AB 2.74% of their portfolio | 1.8m $411.2m | Added +225.7k |
| Allspring Global Investments Holdings, LLC 0.68% of their portfolio | 1.8m $406.0m | Reduced -1.3m |
| Mirova US LLC 4.21% of their portfolio | 1.8m $407.0m | Added +29.3k |
| MAVERICK CAPITAL LTD 6.12% of their portfolio | 1.8m $398.6m | Added +301.9k |
| Aspex Management (HK) Ltd 8.61% of their portfolio | 1.7m $395.6m | Reduced -636.0k |
| LPL Financial LLC 0.12% of their portfolio | 1.6m $372.7m | Added +179.5k |
| DNB Asset Management AS 1.53% of their portfolio | 1.6m $369.0m | Added +743.2k |
| Swedbank AB 0.41% of their portfolio | 1.6m $365.7m | First filing |
| Balyasny Asset Management L.P. 0.82% of their portfolio | 1.6m $362.1m | Added +362.8k |
| Rafferty Asset Management, LLC 1.19% of their portfolio | 1.6m $360.5m | Added +346.2k |
| NEUBERGER BERMAN GROUP LLC 0.27% of their portfolio | 1.6m $356.3m | Added +341.3k |
| Legal & General Group Plc 0.09% of their portfolio | 1.5m $349.2m | Added +88.0k |
| Canoe Financial LP 4.88% of their portfolio | 1.5m $342.4m | Reduced -119.2k |
| Altshuler Shaham Ltd 10.76% of their portfolio | 1.5m $338.4m | Added +968.0k |
| Mirae Asset Global Investments Co., Ltd. 1.17% of their portfolio | 1.5m $335.6m | Reduced -1.3m |
| LGT Group Foundation 4.20% of their portfolio | 1.5m $335.2m | Reduced -46.5k |