Assenagon Asset Management S.A. 13F: Adds $315M to TSM Stake

Assenagon Asset Management S.A. raised its investment in Taiwan Semiconductor Manufacturing Company Limited TSM on the NYSE, according to a Form 13F regulatory filing disclosed on October 15, 2026. Because 13F filings look backward at a prior period, keep in mind that the numbers reflect holdings as of the end of the reporting quarter and may not show the fund's exact current position today.

What Changed in Assenagon Asset Management's Taiwan Semiconductor Manufacturing Company Limited Position

Assenagon Asset Management grew its stake by 690,523 shares, which works out to a 67.2% increase compared to the previous period. The fund ended the quarter with 1,717,515 shares of Taiwan Semiconductor Manufacturing Company Limited valued at approximately $783,513,168. This sizable addition expands the fund's footprint in the semiconductor giant.

Other Institutional Activity in Taiwan Semiconductor Manufacturing Company Limited

Other large money managers also adjusted their holdings in the chipmaker during the quarter. FMR, LLC reduced its stake by 1,455,472 shares, ending with 58,937,551 shares worth about $24,318,222,054. Capital World Investors grew its holdings by 1,486,440 shares, ending with 34,372,274 shares worth about $14,182,343,471. Sanders Capital, LLC cut its position by 1,910,882 shares to finish with 26,149,064 shares valued at roughly $10,789,364,913. JPMorgan Chase & Co. trimmed its holdings by 155,904 shares, leaving it with 23,829,286 shares worth about $9,832,201,347. Blackrock Inc. boosted its stake by 1,888,086 shares, bringing its total to 20,112,852 shares valued at approximately $8,298,763,569.

Taiwan Semiconductor Manufacturing Company Limited Stock Down 3.8%

Taiwan Semiconductor Manufacturing Company Limited recently traded around $413.54 as of October 16, 2026. The stock sits below its 50-day moving average of $434.48 while holding above its 200-day moving average of $394.48. Over the past year, shares have traded as low as $266.82 and as high as $487.47.

Recent Earnings

For the trailing twelve months, Taiwan Semiconductor Manufacturing Company Limited generated $4,440,492,343,296 in revenue and reported earnings of $15.43 per share. The company posted a net profit margin of 49.9% alongside a return on equity of 40.0%.

Dividend

Taiwan Semiconductor Manufacturing Company Limited pays an annual dividend with a yield of 0.85%, supported by a payout ratio of 25.4%.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited

Company insiders were active in the market earlier in the year. Bor-Zen Tien bought 20 shares on April 28, 2026, and another 17 shares on May 20, 2026. Later, Tien purchased 10 shares at $405.00 on July 20, 2026, for a total value of $4,050, followed by a purchase of 15 shares at $390.00 on July 28, 2026, worth $5,850.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on the stock. On July 27, 2026, Needham maintained its buy rating and raised its price target to $530.00 from $480.00. Bernstein maintained an outperform rating on August 11, 2026, lifting its target from $430.00 to $554.00. Barclays maintained an overweight rating on October 6, 2026, moving its target to $665.00 from $650.00. Needham returned on October 15, 2026, to maintain a buy rating and raise its target to $560.00. Overall, the stock carries a consensus strong buy rating with a mean price target of $584.39.

About Taiwan Semiconductor Manufacturing Company Limited

Taiwan Semiconductor Manufacturing Company Limited manufactures and tests integrated circuits and other semiconductor devices. Operating primarily out of Hsinchu City, Taiwan, the company builds advanced wafers for logic, mixed-signal, and radio frequency applications used across the global electronics industry. Institutional interest remains high as the firm supplies critical components for major technology hardware worldwide.

Bottom Line

Assenagon Asset Management's larger stake reflects rising conviction in the chip manufacturer during a period of steady institutional repositioning. Investors should monitor upcoming quarterly reports and future SEC filings to see if the fund maintains or expands this position as market conditions evolve. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.