Marketfield Asset Management’s TSMC TSM Stock Holding History

Marketfield Asset Management’s Portfolio TSM Stock Details TSM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-4,385,556	Closed	-$103M	–	50
2015 Q1	$103M	Sell	4,385,556 -1,238,364	-22%	-$29.2M	3.05%	10
2014 Q4	$126M	Sell	5,623,920 -2,980,328	-35%	-$64.9M	2.2%	17
2014 Q3	$174M	Sell	8,604,248 -2,052,268	-19%	-$42.8M	1.64%	29
2014 Q2	$232M	Buy	+10,656,516	New	+$219M	1.84%	19

Other funds holding TSM

Commerzbank Aktiengesellschaft Frankfurt, Germany $4.78B AUM 25.31% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

AAM

Aberdeen Asset Management Aberdeen, United Kingdom $30B AUM 22.46% 1-Year Est. Return

Marketfield Asset Management's TSM Position: Q2 2015 in Review

Marketfield Asset Management sold out of TSMC (TSM) in Q2 2015, closing a stake of 4,385,556 shares — an estimated $103M sold.

Marketfield Asset Management first reported a position in TSM in Q2 2014 and held it in 4 quarters. The position peaked at $232M in Q2 2014. 516 funds tracked by Wall St. Rank hold TSM as of Q2 2015.

Marketfield Asset Management reported no remaining TSMC position as of Q2 2015 after selling out during the quarter.
Marketfield Asset Management sold 4,385,556 TSMC shares in Q2 2015, an estimated $103M.
Marketfield Asset Management first reported a position in TSMC in Q2 2014 and held it in 4 quarters.
Marketfield Asset Management's TSMC position peaked at $232M in Q2 2014.
516 funds tracked by Wall St. Rank held TSMC as of Q2 2015.

Based on Marketfield Asset Management's 13F filing for Q2 2015, filed 14 Aug 2015.