Coronation Fund Managers 13F: Adds $731K to TSM Stake

Coronation Fund Managers increased its stake in Taiwan Semiconductor Manufacturing Company Limited (TSM) by 1,603 shares, valued at approximately $3,784,096, as disclosed in a filing on October 27, 2026. This boost brings the fund's total holdings in TSMC to 8,295 shares, a 23.95% increase from its previous position of 6,692 shares.

TSM Taiwan Semiconductor Manufacturing Company Limited

$437.58 ▲ +37.99% year to date

1M 3M YTD

Daily close · Oct 27, 2026

Where TSMC Fits in Coronation Fund Managers' Portfolio

This new position represents about 0.22% of Coronation's total reported 13F value of $1.75 billion and ranks 29th among its 49 reported positions.

Other Institutional Activity in TSMC

Several other institutional investors have also adjusted their positions in TSMC. Asset Management One cut its stake by 16,158 shares, leaving it with 135,896 shares valued at about $61.99 million. The State of Michigan Retirement System reduced its holdings by 28,500 shares, now holding 89,100 shares worth approximately $40.65 million. In contrast, Symmetry Partners added 1,374 shares, increasing its position to 6,300 shares valued at around $2.87 million.

Taiwan Semiconductor Manufacturing Company Limited Stock Up 4.4%

TSMC shares closed at $436.87 on October 27, 2026, and recently traded around $436.88 as of October 28, 2026. This price is about equal to the closing price, and the stock is currently above its 50-day moving average by 0.6% and its 200-day moving average by 9.7%. However, it remains about 10.4% below its 52-week high of $487.47.

Recent Earnings

TSMC reported a trailing twelve-month revenue of approximately $4.94 trillion, with a net margin of 51.1% and a return on equity of 41.9%. The next earnings report is scheduled for January 14, 2027.

Dividend

TSMC pays an annual dividend of $3.77 per share, yielding about 0.89% based on recent trading prices. The dividend payout ratio is 24.5%.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited

Bor-Zen Tien, an officer at TSMC, has made several insider purchases this year. On April 28, 2026, he bought 20 shares for about $7,760. He also purchased 17 shares on May 20, 2026, valued at $6,718, and 10 shares on July 20, 2026, for $4,050. His most recent purchase was on July 28, 2026, when he bought 15 shares for $5,850.

Analysts Set New Price Targets

Analysts have been optimistic about TSMC's future. On September 2, 2026, Stifel initiated coverage with a Buy rating and a target price of $515. Barclays maintained an Overweight rating with a target of $670. Needham also kept a Buy rating with a target of $560, reflecting a positive outlook from multiple firms.

About TSMC

Taiwan Semiconductor Manufacturing Company Limited is a leading semiconductor manufacturer that produces integrated circuits and other devices for various international markets. The company's advanced technology and strong market position contribute to its ongoing growth potential.

Bottom Line

Investors will be watching TSMC closely as it approaches its next earnings date on January 14, 2027. With a solid performance and positive analyst ratings, TSMC remains a key player in the semiconductor industry.