Generate Investment Management 13F: Adds $41M to TSM Stake

Generate Investment Management boosted its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) by picking up another 89,926 shares. According to its Form 13F filing with the SEC on October 14, 2026, the firm's stake grew 41.9% to a total of 304,513 shares. The reported value of the holding reached $138,915,785. Institutional filings look backward at the prior quarter, so this snapshot may not represent the investor's exact current position today.

What Changed in Generate Investment Management's Taiwan Semiconductor Position

The firm expanded its commitment to the chipmaker by adding 89,926 shares to its prior count of 214,587 shares. This 41.9% increase lifts the total value of the position to nearly $138.9 million. Institutional 13F reports are filed weeks or months after the quarter ends, offering a look at past portfolio moves.

Other Institutional Activity in Taiwan Semiconductor

Other major institutional investors adjusted their positions around the same time. FMR, LLC reduced its holdings 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 trimmed its stake by 1,910,882 shares, ending with 26,149,064 shares valued at roughly $10,789,364,913. JPMORGAN CHASE & CO reduced its stake by 155,904 shares, finishing with 23,829,286 shares worth about $9,832,201,347. Blackrock Inc. grew its holdings by 1,888,086 shares, ending with 20,112,852 shares worth about $8,298,763,569.

Taiwan Semiconductor Manufacturing Company Limited Stock Down 3.8%

Taiwan Semiconductor shares recently traded around $413.54 as of October 16, 2026. The stock sits about 4.8% below its 50-day moving average of $434.48, but remains 4.8% above its 200-day moving average of $394.48. Over the past year, the shares have traded as low as $266.82 and as high as $487.47.

Recent Earnings

Taiwan Semiconductor reported trailing twelve-month revenue of $4,440,492,432,960 and earnings of $15.43 per share. The company generated a net profit margin of 49.9% alongside a return on equity of 40.0%. Revenue grew 36.0% compared to the same period a year earlier.

Dividend

The company pays an annual dividend yielding 0.85% with a payout ratio of 25.4%.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited

Company insiders were active in the stock earlier in the year. Bor-Zen Tien bought 20 shares on April 28, 2026, for $7,760. Bor-Zen Tien bought another 17 shares on May 20, 2026, valued at $6,718. Bor-Zen Tien later picked up 10 shares on July 20, 2026, at an average price of $405 for a total of $4,050. Bor-Zen Tien also bought 15 shares on July 28, 2026, at $390 per share, totaling $5,850.

Analysts Set New Price Targets

Wall Street firms continue to update their views on the chip manufacturer. On July 17, 2026, DA Davidson maintained its Buy rating and raised its price target to $500 from $450. Needham maintained a Buy rating on July 27, 2026, lifting its target from $480 to $530. Bernstein kept an Outperform rating on August 11, 2026, pushing its target up to $554 from $430. Stifel initiated coverage on September 2, 2026, with a Buy rating and a $515 price target. Barclays maintained an Overweight rating on October 6, 2026, raising its target to $665 from $650. The stock carries a consensus strong buy rating and a mean price target of $584.39 based on 20 analyst opinions.

About Taiwan Semiconductor

Taiwan Semiconductor Manufacturing Company Limited is a contract manufacturer of integrated circuits. Based in Hsinchu City, Taiwan, the company builds advanced semiconductor wafers for clients worldwide. Its foundry operations cover logic, mixed-signal, and radio frequency technologies used across computing, mobile, and automotive hardware.

Bottom Line

Investors tracking Generate Investment Management will want to watch for future SEC filings to see if the fund continues building its position. The stock trades well below analyst targets while sitting above its long-term moving average. 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.