Guardian Partners 13F: Cuts TSM Stake by $1.1M

Guardian Partners trimmed its holdings in Taiwan Semiconductor Manufacturing Company Limited TSM by 2,395 shares during the quarter, according to a Form 13F filing submitted to the SEC on October 21, 2026. The reduction left the firm with 18,640 shares valued at approximately $8,503,382.

TSM Taiwan Semiconductor Manufacturing Company Limited

$426.51 ▲ +34.49% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Guardian Partners's Taiwan Semiconductor Position

Guardian Partners reduced its investment by 11.38% compared to the previous period when it held 21,035 shares. The lowered position places the reported value at just over $8.5 million based on disclosures filed for the period ending in October 2026.

Other Institutional Activity in Taiwan Semiconductor

Other large investors adjusted their positions in Taiwan Semiconductor Manufacturing Company Limited TSM around the same period. CGN Advisors grew its holdings by 2,858 shares, ending with 4,121 shares worth about $1,879,903. Carrhae Capital lifted its stake by 92,554 shares to reach 507,110 shares valued at $231,338,511. Y-Intercept added 82,266 shares for a total of 113,073 shares worth $51,582,772. Meanwhile, Trinity Street Asset Management cut its holdings by 75,280 shares to hold 855,571 shares valued at $390,302,934, and PineStone Asset Management trimmed its stake by 328,102 shares to finish with 4,631,892 shares worth $2,113,571,618.

Taiwan Semiconductor Manufacturing Company Limited Stock Down 1.1%

The company's shares closed at $431.89 on the filing date of October 21, 2026. More recently, the stock traded around $420.23 on October 22, 2026, sitting below its 50-day moving average of $434.70 and well above its 200-day moving average of $396.70. The stock trades within a 52-week range spanning from a low of $266.82 up to a high of $487.47.

Recent Earnings

Taiwan Semiconductor Manufacturing Company Limited TSM reported trailing-twelve-month revenue of $4,944,817,029,120 and earnings of $15.43 per share. The business demonstrates strong profitability with a net profit margin of 51.1% and a return on equity of 41.9%, paired with year-over-year revenue growth of 50.9%. The company's next earnings report is scheduled for release on January 14, 2027.

Dividend

Taiwan Semiconductor Manufacturing Company Limited TSM pays an annual dividend 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 were active in smaller transactions earlier in the year. Officer Bor-Zen Tien bought 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 research firms have updated their outlooks on the stock in recent months. Stifel initiated coverage with a Buy rating and a $515.00 price target on September 2, 2026. Barclays maintained an Overweight rating while raising its target from $650.00 to $665.00 on October 6, 2026, and later lifted it to $670.00 on October 16, 2026. Needham kept a Buy rating and boosted its target from $530.00 to $560.00 on October 15, 2026. DA Davidson maintained a Buy rating with a $500.00 target on October 16, 2026. Overall, the stock carries a consensus strong buy recommendation and a mean price target of $584.39 across 20 analyst opinions.

About Taiwan Semiconductor

Headquartered in Hsinchu City, Taiwan, Taiwan Semiconductor Manufacturing Company Limited TSM operates as a contract chipmaker, manufacturing and testing integrated circuits and semiconductor devices for customers across the globe. Its advanced fabrication processes support mobile, high-performance computing, and automotive applications.

Bottom Line

Investors continue to monitor institutional flows and upcoming earnings scheduled for January 2027. Filings show varied positioning among large asset managers as the chipmaker navigates broader technology sector trends.