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 ($2.2bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $336.47. Options: 91 managers hold calls ($23.3bn notional), 96 hold puts ($29.1bn).
Trends to Q1 2026
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 |
| Q3 2025 | 2,801 |
| Q4 2025 | 3,123 |
| Q1 2026 | 3,281 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q3 2025 | 1,490 | 1,028 |
| Q4 2025 | 1,440 | 1,182 |
| Q1 2026 | 1,606 | 1,374 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $14.3bn | $21.3bn | 1.49 |
| Q3 2025 | $18.3bn | $24.4bn | 1.33 |
| Q4 2025 | $15.0bn | $28.7bn | 1.91 |
| Q1 2026 | $23.3bn | $29.1bn | 1.25 |
Biggest buyers
| Capital Research Global Investors | Added | +6.8m |
| Capital World Investors | Added | +5.5m |
| UBS Group AG | Added | +3.7m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +3.7m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +3.6m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +2.2m |
| TIGER GLOBAL MANAGEMENT LLC | Added | +1.8m |
| VAN ECK ASSOCIATES CORP | Added | +1.8m |
| BlackRock, Inc. | Added | +1.7m |
| JONES FINANCIAL COMPANIES LLLP | Added | +1.6m |
Biggest sellers
| Capital International Investors | Reduced | -14.4m |
| Sanders Capital, LLC | Reduced | -3.9m |
| T. Rowe Price Investment Management, Inc. | Reduced | -2.9m |
| Point72 Asset Management, L.P. | Reduced | -2.8m |
| JANE STREET GROUP, LLC | Reduced | -2.5m |
| Bank of New York Mellon Corp | Reduced | -2.4m |
| First Eagle Investment Management, LLC | Reduced | -2.0m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.8m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -1.7m |
| BlueSpruce Investments, LP | Reduced | -1.7m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.6bn19.4m shares |
| GOLDMAN SACHS GROUP INC | Added | $3.9bn11.6m shares |
| JANE STREET GROUP, LLC | Reduced | $1.5bn4.4m shares |
| ALKEON CAPITAL MANAGEMENT LLC | Added | $1.4bn4.2m shares |
| CTC LLC | Added | $1.2bn34.1k shares |
| CITADEL ADVISORS LLC | Reduced | $1.1bn3.2m shares |
| IMC-Chicago, LLC | Added | $996.9m2.9m shares |
| Value Aligned Research Advisors, LLC | Added | $930.3m2.8m shares |
| UBS Group AG | Added | $595.6m1.8m shares |
| Optiver Holding B.V. | Added | $495.9m1.5m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.8bn14.1m shares |
| JANE STREET GROUP, LLC | Reduced | $4.3bn12.8m shares |
| CITADEL ADVISORS LLC | Added | $2.9bn8.7m shares |
| Optiver Holding B.V. | Added | $1.7bn4.9m shares |
| HSBC HOLDINGS PLC | Added | $1.4bn4.1m shares |
| CTC LLC | Added | $1.4bn40.0k shares |
| IMC-Chicago, LLC | Reduced | $1.2bn3.6m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $1.1bn3.3m shares |
| UBS Group AG | Reduced | $970.1m2.9m shares |
| TOMS Capital Investment Management LP | Added | $756.8m2.2m 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 Q1 2026
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 4 | $322.1k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-31 | BURNS URSULA M Director · American Depositary Shares (TSM) | Bought | $322.1k1.0k shares |
| 2026-03-30 | Lin Shyue-Shyh VP | Bought | —3.0k shares |
| 2026-03-29 | Lin Shyue-Shyh VP | Bought | —2.0k shares |
| 2026-03-22 | Tien Bor-Zen VP | Bought | —1.0k shares |
| 2026-03-22 | Yeap Choh Fei SVP | Bought | —1.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 1.08% of their portfolio | 60.4m $20.4bn | Reduced -738.6k |
| Capital World Investors 1.52% of their portfolio | 32.9m $11.1bn | Added +5.5m |
| Sanders Capital, LLC 11.30% of their portfolio | 28.1m $9.5bn | Reduced -3.9m |
| JPMORGAN CHASE & CO 0.52% of their portfolio | 24.0m $7.6bn | Reduced -1.2m |
| VAN ECK ASSOCIATES CORP 4.89% of their portfolio | 19.3m $6.5bn | Added +1.8m |
| Fisher Asset Management, LLC 2.13% of their portfolio | 18.6m $6.3bn | Added +470.8k |
| BlackRock, Inc. 0.11% of their portfolio | 18.2m $6.2bn | Added +1.7m |
| MORGAN STANLEY 0.30% of their portfolio | 14.8m $5.0bn | Added +1.3m |
| BANK OF AMERICA CORP /DE/ 0.35% of their portfolio | 14.1m $4.8bn | Reduced -1.8m |
| JENNISON ASSOCIATES LLC 2.79% of their portfolio | 12.0m $4.1bn | Reduced -1.4m |
| Capital International Investors 0.89% of their portfolio | 11.3m $3.8bn | Reduced -14.4m |
| UBS Group AG 0.66% of their portfolio | 11.0m $3.7bn | Added +3.7m |
| Capital Research Global Investors 0.52% of their portfolio | 10.0m $3.4bn | Added +6.8m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.14% of their portfolio | 9.7m $3.4bn | Reduced -469.4k |
| GOLDMAN SACHS GROUP INC 0.42% of their portfolio | 9.4m $3.2bn | Added +929.3k |
| WCM INVESTMENT MANAGEMENT, LLC 6.74% of their portfolio | 9.3m $3.0bn | Reduced -491.6k |
| COATUE MANAGEMENT LLC 10.80% of their portfolio | 9.3m $3.1bn | Added +654.0k |
| Bank of New York Mellon Corp 0.57% of their portfolio | 9.2m $3.1bn | Reduced -2.4m |
| ALLIANCEBERNSTEIN L.P. 0.83% of their portfolio | 8.5m $2.6bn | Reduced -1.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.32% of their portfolio | 8.2m $2.8bn | Reduced -730.1k |
| JANUS HENDERSON GROUP PLC 1.27% of their portfolio | 7.9m $2.7bn | Reduced -374.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.48% of their portfolio | 7.6m $2.6bn | Added +2.2m |
| FRANKLIN RESOURCES INC 0.61% of their portfolio | 7.3m $2.5bn | Reduced -186.3k |
| NORTHERN TRUST CORP 0.29% of their portfolio | 6.5m $2.2bn | Reduced -111.1k |
| AMERICAN CENTURY COMPANIES INC 1.10% of their portfolio | 6.3m $2.1bn | Reduced -386.2k |
| ROYAL BANK OF CANADA 0.40% of their portfolio | 6.3m $2.1bn | Reduced -230.5k |
| BROWN ADVISORY INC 3.41% of their portfolio | 6.1m $2.1bn | Reduced -328.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.65% of their portfolio | 6.0m $2.0bn | Reduced -1.3m |
| SANDS CAPITAL MANAGEMENT, LLC 7.77% of their portfolio | 5.9m $2.0bn | Reduced -963.5k |
| TIGER GLOBAL MANAGEMENT LLC 8.23% of their portfolio | 5.6m $1.9bn | Added +1.8m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 6.16% of their portfolio | 5.5m $1.9bn | Reduced -467.1k |
| ALKEON CAPITAL MANAGEMENT LLC 8.30% of their portfolio | 5.4m $1.8bn | Reduced -17.0k |
| PineStone Asset Management Inc. 12.56% of their portfolio | 5.3m $1.8bn | Reduced -958.1k |
| Fiera Capital Corp 6.02% of their portfolio | 5.2m $1.8bn | Reduced -813.4k |
| EAGLE CAPITAL MANAGEMENT LLC 5.53% of their portfolio | 4.9m $1.6bn | Reduced -82.0k |
| Clearbridge Investments, LLC 1.40% of their portfolio | 4.7m $1.6bn | Added +332.5k |
| WELLS FARGO & COMPANY/MN 0.31% of their portfolio | 4.6m $1.6bn | Added +381.7k |
| AMERIPRISE FINANCIAL INC 0.36% of their portfolio | 4.6m $1.5bn | Added +280.2k |
| VIKING GLOBAL INVESTORS LP 4.22% of their portfolio | 4.5m $1.5bn | Reduced -449.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.29% of their portfolio | 4.1m $1.4bn | Added +3.7m |
| HSBC HOLDINGS PLC 0.81% of their portfolio | 4.1m $1.4bn | Added +464.6k |
| CITADEL ADVISORS LLC 0.97% of their portfolio | 4.0m $1.4bn | Added +1.0m |
| Invesco Ltd. 0.13% of their portfolio | 4.0m $1.3bn | Added +265.0k |
| First Eagle Investment Management, LLC 2.24% of their portfolio | 3.9m $1.3bn | Reduced -2.0m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 1.70% of their portfolio | 3.9m $1.3bn | Added +3.6m |
| ENVESTNET ASSET MANAGEMENT INC 0.35% of their portfolio | 3.8m $1.3bn | Added +280.5k |
| BARCLAYS PLC 0.46% of their portfolio | 3.8m $1.3bn | Added +670.5k |
| Russell Investments Group, Ltd. 1.37% of their portfolio | 3.8m $1.3bn | Reduced -394.7k |
| Harding Loevner LP 12.18% of their portfolio | 3.5m $1.2bn | Reduced -835.7k |
| DIMENSIONAL FUND ADVISORS LP 0.22% of their portfolio | 3.1m $1.1bn | Reduced -493.1k |
| D. E. Shaw & Co., Inc. 0.81% of their portfolio | 3.1m $1.0bn | Added +107.4k |
| LAZARD ASSET MANAGEMENT LLC 1.64% of their portfolio | 2.9m $996.7m | Reduced -300.8k |
| CITIGROUP INC 0.60% of their portfolio | 2.8m $945.1m | Added +600.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.96% of their portfolio | 2.7m $920.9m | Reduced -280.8k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 1.56% of their portfolio | 2.7m $910.0m | Added +9.3k |
| RAYMOND JAMES FINANCIAL INC 0.28% of their portfolio | 2.7m $905.0m | Added +820 |
| 1832 Asset Management L.P. 1.17% of their portfolio | 2.6m $884.4m | Reduced -200.9k |
| SEI INVESTMENTS CO 0.81% of their portfolio | 2.6m $875.8m | Added +274.4k |
| Fayez Sarofim & Co 2.20% of their portfolio | 2.5m $861.0m | Added +76.8k |
| Cantillon Capital Management LLC 5.60% of their portfolio | 2.5m $842.7m | Reduced -335.7k |
| Nuveen, LLC 0.22% of their portfolio | 2.4m $817.0m | Reduced -110.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.70% of their portfolio | 2.4m $810.0m | Reduced -50.7k |
| NATIXIS ADVISORS, LLC 1.10% of their portfolio | 2.3m $787.5m | Reduced -31.8k |
| MARSHALL WACE, LLP 0.81% of their portfolio | 2.2m $757.1m | Added +532.9k |
| MILLENNIUM MANAGEMENT LLC 0.56% of their portfolio | 2.2m $754.6m | Added +952.7k |
| WINDACRE PARTNERSHIP LLC 8.03% of their portfolio | 2.2m $750.6m | Reduced -262.0k |
| Stockbridge Partners LLC 17.57% of their portfolio | 2.2m $727.2m | Added +30.8k |
| LPL Financial LLC 0.19% of their portfolio | 2.1m $707.9m | Added +65.5k |
| Rathbones Group PLC 1.43% of their portfolio | 2.1m $693.5m | Added +14.9k |
| SATURNA CAPITAL CORP 9.45% of their portfolio | 2.0m $673.2m | Reduced -49.0k |
| SOFTBANK GROUP CORP. 5.88% of their portfolio | 2.0m $670.8m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.35% of their portfolio | 2.0m $664.6m | Reduced -112.7k |
| Soroban Capital Partners LP 4.67% of their portfolio | 1.9m $652.8m | Reduced -711.5k |
| Point72 Asset Management, L.P. 1.09% of their portfolio | 1.9m $627.8m | Reduced -2.8m |
| JONES FINANCIAL COMPANIES LLLP 0.28% of their portfolio | 1.8m $586.1m | Added +1.6m |
| BESSEMER GROUP INC 0.95% of their portfolio | 1.8m $602.1m | Added +130.6k |
| NATIONAL BANK OF CANADA /FI/ 0.60% of their portfolio | 1.7m $591.1m | Added +1.0m |
| Legal & General Group Plc 0.13% of their portfolio | 1.7m $575.3m | Added +50.3k |
| DEUTSCHE BANK AG\ 0.19% of their portfolio | 1.7m $567.0m | Reduced -586.6k |
| Life Cycle Investment Partners Ltd 3.58% of their portfolio | 1.7m $562.1m | Added +33.9k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.65% of their portfolio | 1.6m $557.2m | Reduced -243.6k |
| AMF Tjanstepension AB 3.66% of their portfolio | 1.6m $551.8m | Added +98.1k |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.13% of their portfolio | 1.6m $538.2m | Reduced -308.9k |
| Ninety One UK Ltd 1.24% of their portfolio | 1.6m $533.0m | Reduced -435.7k |
| Amundi 0.14% of their portfolio | 1.6m $531.7m | Added +33.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.34% of their portfolio | 1.6m $524.0m | Added +461.7k |
| FIL Ltd 0.39% of their portfolio | 1.5m $507.9m | Added +43.0k |
| Altshuler Shaham Ltd 8.98% of their portfolio | 1.4m $487.8m | Reduced -142.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.44% of their portfolio | 1.4m $481.3m | Added +115.1k |
| Swedbank AB 0.50% of their portfolio | 1.4m $479.3m | Reduced -63.9k |
| Harel Insurance Investments & Financial Services Ltd. 3.19% of their portfolio | 1.4m $470.9m | Added +183.6k |
| LONE PINE CAPITAL LLC 3.74% of their portfolio | 1.4m $469.6m | Reduced -1.7m |
| Altimeter Capital Management, LP 8.10% of their portfolio | 1.4m $461.5m | Added +146.4k |
| Bahl & Gaynor LLC 2.31% of their portfolio | 1.4m $458.1m | Added +72.1k |
| LANSDOWNE PARTNERS (UK) LLP 24.19% of their portfolio | 1.3m $451.4m | Added +10.4k |
| DekaBank Deutsche Girozentrale 0.71% of their portfolio | 1.3m $427.3m | Unchanged |
| APPALOOSA LP 7.56% of their portfolio | 1.3m $448.6m | Added +197.5k |
| Optiver Holding B.V. 16.41% of their portfolio | 1.3m $434.7m | Added +121.5k |
| BAILLIE GIFFORD & CO 0.44% of their portfolio | 1.3m $433.3m | Reduced -54.2k |
| Mirova US LLC 4.91% of their portfolio | 1.3m $433.1m | Reduced -398.5k |