CGN Advisors 13F: Adds $1.3M to TSM Stake
Key Points
- CGN Advisors grew its position in Taiwan Semiconductor Manufacturing Company Limited TSM by 226.3% during the reported period, ending with 4,121 shares valued at about $1,879,903.
- Other major funds also adjusted their stakes, with Y-Intercept growing its holdings by 82,266 shares to 113,073 shares worth roughly $51,582,772.
- The chip maker trades near $420.23, holding above its 200-day moving average while analysts maintain a consensus strong buy rating.
Since the filing, $TSM is down 3.4% to date (from the $431.89 close on Oct 21, 2026).
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CGN Advisors grew its holdings in Taiwan Semiconductor Manufacturing Company Limited TSM by 2,858 shares during the third quarter, according to a Form 13F filing filed on October 21, 2026. The filing showed the fund ending the period with 4,121 shares valued at about $1,879,903. Prior to this adjustment, the fund held 1,263 shares. That represents a 226.3% increase in its stake.
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Taiwan Semiconductor Manufacturing Company Limited
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What Changed in CGN Advisors's Taiwan Semiconductor Manufacturing Company Limited Position
The reported purchase lifted the fund's investment by nearly triple its previous size. The total value of the holding reached $1,879,903 by the end of the filing period.
Other Institutional Activity in Taiwan Semiconductor Manufacturing Company Limited
Other large investors adjusted their holdings alongside CGN Advisors. Y-Intercept grew its holdings by 82,266 shares, ending with 113,073 shares worth about $51,582,772, which is a 270.0% increase. Trinity Street Asset Management trimmed its stake by 75,280 shares to end with 855,571 shares valued at about $390,302,934, marking an 8.1% decrease. PineStone Asset Management cut its position by 328,102 shares, leaving it with 4,631,892 shares worth roughly $2,113,571,618, or a 6.6% drop. Montrusco Bolton Investments reduced its holdings by 111,660 shares to 251,239 shares valued at about $114,612,719, down 30.8%. Euro Pacific Asset Management lifted its stake by 117 shares to 2,990 shares worth about $1,229,573, a 4.1% increase.
Taiwan Semiconductor Manufacturing Company Limited Stock Down 2.7%
Shares recently traded around $420.23 as of October 22, 2026, sitting below the closing price of $431.89 recorded on the filing date. The stock trades above its 200-day moving average but below its 52-week high of $487.47.
Recent Earnings
Taiwan Semiconductor Manufacturing Company Limited reported trailing twelve month revenue of $4.94 trillion and earnings of $15.43 per share. The company posted a net profit margin of 51.1% and a return on equity of 41.9%. Its next earnings report is scheduled for January 14, 2027.
Dividend
The company pays an annual dividend rate of $3.77 per share yielding 0.87% with a payout ratio of 24.5%.
Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited
Company insiders executed several small purchases earlier in the year. Bor-Zen Tien bought 20 shares on April 28, 2026, valued at $7,760, and another 17 shares on May 20, 2026, worth $6,718. Tien later picked up 10 shares at $405.00 on July 20, 2026, for a total of $4,050, followed by 15 shares at $390.00 on July 28, 2026, worth $5,850.
Analysts Set New Price Targets
Wall Street analysts have updated their outlooks in recent weeks. On September 2, 2026, Stifel initiated coverage with a buy rating and a $515.00 price target. Barclays maintained an overweight rating while lifting its target from $650.00 to $665.00 on October 6, 2026. Needham kept a buy rating and raised its target from $530.00 to $560.00 on October 15, 2026. Barclays maintained an overweight rating and bumped its target to $670.00 on October 16, 2026. DA Davidson kept a buy rating and a $500.00 target on October 16, 2026. The stock currently carries a consensus strong buy rating and a mean price target of $584.39 across 20 analyst opinions.
About Taiwan Semiconductor Manufacturing Company Limited
Headquartered in Hsinchu City, Taiwan, Taiwan Semiconductor Manufacturing Company Limited operates as a contract chip maker, producing customized integrated circuits and semiconductor wafers for major technology firms worldwide. Its manufacturing processes support advanced processors used in mobile devices, high-performance computing, and automotive applications, making its quarterly filings a key indicator of broader semiconductor demand.
Bottom Line
Investors tracking CGN Advisors will look to upcoming institutional filings and the January earnings release for further signs of sector demand. Market participants continue to monitor how broader chip supply trends impact the company's valuation.
Related Filing Alerts
Source: CGN Advisors's 13F filing on $TSM (Oct 21, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts