Global X Japan 13F: Cuts TSM Stake by $2.4M

Global X Japan lowered its holdings in Taiwan Semiconductor Manufacturing Company Limited TSM by 5,156 shares during the period, according to a Form 13F filing with the SEC on October 21, 2026. The stock closed at $431.89 on the filing date.

TSM Taiwan Semiconductor Manufacturing Company Limited

$426.51 ▲ +34.49% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Global X Japan's Taiwan Semiconductor Manufacturing Company Limited Position

The fund trimmed its position by a 16.5% decrease, bringing its total holdings down to 26,022 shares. The remaining stake carried a reported value of $11,870,976 at the time of the filing.

Other Institutional Activity in Taiwan Semiconductor Manufacturing Company Limited

Other large funds adjusted their positions around the same time. Guardian Partners cut its stake by 2,395 shares to finish with 18,640 shares worth about $8.5 million. Carrhae Capital grew its holdings by 92,554 shares, ending with 507,110 shares valued at roughly $231.3 million. Y-Intercept lifted its stake by 82,266 shares to hold 113,073 shares worth about $51.6 million. Trinity Street Asset Management lowered its position by 75,280 shares, wrapping up the period with 855,571 shares valued at roughly $390.3 million. PineStone Asset Management pared back its holdings by 328,102 shares, resulting in a final count of 4,631,892 shares worth about $2.11 billion.

Taiwan Semiconductor Manufacturing Company Limited Stock Down 1.1%

The shares recently traded around $420.23 on October 22, 2026, which sits 2.7% below their event close and 13.8% under their 52-week high of $487.47. The stock trades above its 200-day moving average by 5.9% while remaining below its 50-day moving average.

Recent Earnings

Taiwan Semiconductor Manufacturing Company Limited reported trailing twelve month revenue of $4.94 trillion and earnings of $15.43 per share. The business pulled in a net margin of 51.1% and generated a return on equity of 41.9%. Revenue grew 50.9% compared to the same period a year earlier. The company's next earnings report is scheduled for release on January 14, 2027.

Dividend

The company pays an annual dividend rate of $3.77 per share, translating to a dividend yield of 0.87%. That payout consumes 24.5% of the company's earnings.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited

Company insiders made four smaller purchase transactions between April and July 2026. Officer Bor-Zen Tien picked up shares across these dates, including 20 shares on April 28, 2026, 17 shares on May 20, 2026, 10 shares at $405.00 on July 20, 2026, and 15 shares at $390.00 on July 28, 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock through September and October 2026. Stifel initiated coverage on September 2, 2026, with a buy rating and a $515.00 price target. Barclays maintained an overweight rating on October 6, 2026, while raising its target from $650.00 to $665.00, and followed up on October 16, 2026, by lifting the target again to $670.00. Needham kept a buy rating on October 15, 2026, moving its target from $530.00 to $560.00. DA Davidson maintained a buy rating with a $500.00 target on October 16, 2026. The stock currently holds a consensus strong buy rating from 20 analysts with a mean price target of $584.39.

About Taiwan Semiconductor Manufacturing Company Limited

Based in Hsinchu City, Taiwan, Taiwan Semiconductor Manufacturing Company Limited operates as a major global dedicated semiconductor foundry. The company manufactures integrated circuits and advanced logic wafers for customers across technology sectors worldwide.

Bottom Line

Institutional adjustments like this one offer a look at how large investors manage exposure to major semiconductor producers. Market participants will watch for the company's upcoming earnings report in January 2027 to gauge ongoing demand for advanced chip manufacturing.