Brevan Howard Capital Management LP Decreases Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Brevan Howard Capital Management LP lessened its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 33.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,967 shares of the semiconductor company’s stock after selling 5,471 shares during the period. Brevan Howard Capital Management LP’s holdings in Taiwan Semiconductor Manufacturing were worth $3,063,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Brown Advisory Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 43.2% in the 2nd quarter. Brown Advisory Inc. now owns 6,650,983 shares of the semiconductor company’s stock worth $1,506,389,000 after buying an additional 2,006,745 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Taiwan Semiconductor Manufacturing by 109.5% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,526,160 shares of the semiconductor company’s stock worth $798,640,000 after acquiring an additional 1,842,951 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in Taiwan Semiconductor Manufacturing by 268.2% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,499,677 shares of the semiconductor company’s stock valued at $566,152,000 after acquiring an additional 1,820,852 shares during the last quarter. Alliancebernstein L.P. lifted its position in Taiwan Semiconductor Manufacturing by 18.0% during the second quarter. Alliancebernstein L.P. now owns 10,457,800 shares of the semiconductor company’s stock valued at $2,368,587,000 after acquiring an additional 1,593,786 shares during the last quarter. Finally, SurgoCap Partners LP acquired a new stake in Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $360,443,000. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing News Roundup

Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:

• Positive Sentiment: Unusually large call‑option activity: traders bought ~468,549 TSM calls (≈213% above average), signalling short‑term bullish bets and potential dealer hedging that can amplify upside.
• Positive Sentiment: Bullish analyst/coverage lift: recent pieces highlight sustained AI demand and reiterations from major firms that TSMC’s rally may continue, supporting investor enthusiasm and upside price targets. TSMC Stock (TSM): Top Bernstein Analyst Turns Up the Heat on This AI Chipmaker Taiwan Semiconductor (TSM) Stock Soars 83% — Bernstein Says Rally Isn’t Over Yet
• Positive Sentiment: Institutional positioning and analyst targets remain supportive: recent data show large hedge‑fund additions and multiple buy/overweight ratings with elevated price targets, underpinning momentum. TSMC Stock (TSM) Opinions on BofA Buy Rating and AI Demand
• Neutral Sentiment: Customer product timing and memory supply issues: a report that Nvidia’s Rubin GPU may face HBM4 supply-driven delays while Google TPU demand rises could tighten demand for TSMC capacity — positive for pricing/long‑term utilization but potentially uneven near‑term revenue. Nvidia Rubin GPU Faces Possible Delay As HBM4 Supply Falls Short, While Google TPU Demand Surges In Race For TSMC Capacity: Report
• Neutral Sentiment: Sector commentary and stock comparisons continue to keep TSMC in focus with broader tech flows and AI narratives (e.g., Micron vs. TSM). These articles sustain interest but are not company‑specific catalysts. Better Chip Stock to Buy: Micron or Taiwan Semiconductor?
• Negative Sentiment: Energy & chemical supply risk: Morgan Stanley and others flag an “LNG cliff” for Taiwan and possible sulfuric‑acid shortages if the Strait of Hormuz is disrupted — a real production risk for energy‑intensive fabs that could hit output if prolonged. Strait Of Hormuz Risks Put TSMC LNG And Chemical Supply In Focus Morgan Stanley: Taiwan’s 11-day ‘LNG cliff’ threatens global chip supply
• Negative Sentiment: Geopolitical / competitive pressure from Chinese domestic chip push: progress toward 7nm domestically raises longer‑term competition risk in the region, which could weigh on TSMC’s market share outlook over years (not an immediate earnings hit). China’s Next Chip Push Moves Toward 7 nm

Analyst Ratings Changes

Several equities analysts have issued reports on TSM shares. Argus raised Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research report on Thursday, January 15th. Needham & Company LLC raised their price objective on Taiwan Semiconductor Manufacturing from $360.00 to $410.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. UBS Group set a $330.00 target price on Taiwan Semiconductor Manufacturing in a research note on Sunday, December 7th. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Freedom Capital upgraded Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research note on Thursday, January 15th. Four equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $391.43.

Taiwan Semiconductor Manufacturing Trading Up 0.6%

NYSE:TSM opened at $340.22 on Tuesday. The company has a market capitalization of $1.76 trillion, a P/E ratio of 31.95, a PEG ratio of 0.93 and a beta of 1.29. The company has a current ratio of 2.62, a quick ratio of 2.42 and a debt-to-equity ratio of 0.17. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $390.20. The firm has a fifty day simple moving average of $347.35 and a 200-day simple moving average of $307.18.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, February 26th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. The firm had revenue of $30.65 billion for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 34.89% and a net margin of 45.13%. On average, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 11th will be issued a $0.9503 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 23.57%.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.