Billionaire Investors Increase Holdings in Taiwan Semiconductor Manufacturing Company (TSM)
Recent 13F filings show that several high-profile hedge funds and billionaire investors have increased their stakes in Taiwan Semiconductor Manufacturing Company (NYSE: TSM). The stock appeared in the portfolios of over 250 hedge funds by the end of Q2, up from 236 in Q1. Major holders include Fisher Asset Management with a significant position worth nearly $9 billion, and Duquesne Capital, which increased its stake by 20%. Other notable investors like Coatue Management reduced their holdings slightly while Tiger Global and ARK Investment trimmed theirs more significantly. TSMC's strong financial performance has attracted investor attention. The company reported a 36% year-over-year revenue increase in the latest quarter with net income up 77%, driven by high margins due to fixed fab costs and efficient production scaling from N5 to N3 nodes without major expenses. TSMC also plans price hikes of up to 10% on both advanced and mature node chips, supported by its dominant market position. Despite the positive momentum, some analysts suggest that while TSM is a solid investment, certain AI stocks may offer higher returns in a shorter timeframe.
Tickers: $TSM
Topics: 13F Filings AI Chip Stocks Billionaire Investors TSMC