TSMC
594 hedge funds and large institutions have $28.5B invested in TSMC in 2016 Q4 according to their latest regulatory filings, with 91 funds opening new positions, 181 increasing their positions, 246 reducing their positions, and 36 closing their positions.
153% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 36
8% more funds holding
Funds holding: 548 → 594 (+46)
2% less funds holding in top 10
Funds holding in top 10: 48 → 47 (-1)
10% less capital invested
Capital invested by funds: $31.6B → $28.5B (-$3.08B)
13.56% less ownership
Funds ownership: 17.39% → 3.84% (-14%)
26% less repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 246
79% less call options, than puts
Call options by funds: $21.4M | Put options by funds: $101M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sanders Capital
West Palm Beach,
Florida
|
+$164M |
| 2 |
SCM
Segantii Capital Management
Hong Kong
|
+$139M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$133M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$105M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$954M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$196M |
| 3 |
Morgan Stanley
New York
|
-$189M |
| 4 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$180M |
| 5 |
Lazard Asset Management
New York
|
-$98.8M |
TSM Hedge Fund Activity: Q4 2016 in Review
594 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in TSMC (TSM) for Q4 2016, worth a combined $28.5B — down 9.7% from $31.6B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new TSM positions and 36 closed out — a net gain of 55 holders — while 181 added to existing stakes and 246 trimmed.
The largest buyer was Sanders Capital, adding an estimated $164M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $954M sold.
- 594 institutional investors held TSMC (TSM) as of Q4 2016, up from 548 in Q3 2016.
- Funds reported $28.5B of TSMC stock for Q4 2016, down 9.7% quarter-over-quarter.
- 91 funds opened new TSMC positions in Q4 2016 and 36 closed out, a net change of +55 holders.
- The largest TSMC buyer in Q4 2016 was Sanders Capital, an estimated $164M added.
- The largest TSMC seller in Q4 2016 was Arrowstreet Capital, an estimated $954M sold.
Based on aggregated 13F filings for Q4 2016.