Pictet North America Advisors 13F: Adds $968K to TSM Stake

Pictet North America Advisors boosted its stake in Taiwan Semiconductor Manufacturing Company Limited TSM by 1.2% during the second quarter, according to a Form 13F filed with the Securities and Exchange Commission on October 21, 2026. The firm acquired an additional 2,123 shares to bring its total ownership to 180,906 shares. The reported value of the holding reached $82,527,508 as of 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 Pictet North America Advisors's TSM Position

The institutional investor expanded its footprint in the chipmaker by lifting its share count from 178,783 up to 180,906 shares. This 1.2% upward adjustment reflects a steady commitment to the semiconductor giant during a period of strong operational growth. The position carried a multi-million-dollar valuation at the close of the filing period.

Other Institutional Activity in TSM

Other large money managers also adjusted their positions in the semiconductor firm around mid-2026. Sanders Capital, LLC reduced its holdings by 1,910,882 shares, ending with 26,149,064 shares valued at about $10,947,567,230 following a 6.8% decrease. Fisher Asset Management, LLC grew its holdings by 247,627 shares, ending with 18,866,198 shares worth about $7,898,522,523 after a 1.3% increase. Van Eck Associates Corporation cut its stake by 2,051,404 shares, wrapping up the period with 17,210,604 shares worth roughly $7,205,391,533 following a 10.7% decrease.

Taiwan Semiconductor Manufacturing Company Limited Stock Down 1.1%

Shares of Taiwan Semiconductor Manufacturing Company Limited recently traded around $420.23 as of October 22, 2026, sitting 2.7% below their closing price of $431.89 on the filing date. The stock has experienced a wide 52-week trading range, moving between a low of $266.82 and a high of $487.47. It trades below its 50-day moving average of $434.70 but remains higher than its 200-day moving average of $396.70.

Recent Earnings

The chip manufacturer generated trailing-twelve-month revenue of $4,944,817,029,120 and trailing-twelve-month earnings of $15.43 per share. Profitability remains a core strength for the business, shown by a net profit margin of 51.1% and a return on equity of 41.9%. Year-over-year revenue growth reached 50.9%. The company's next quarterly financial update is scheduled for release on January 14, 2027.

Dividend

Taiwan Semiconductor Manufacturing Company Limited pays an annual dividend rate of $3.77 per share, yielding 0.87%. The payout ratio sits at 24.5%, meaning the firm distributes about a quarter of its earnings back to shareholders in dividends.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited

Company insiders engaged in modest transaction activity earlier in the year. Officer Bor-Zen Tien purchased 20 shares on April 28, 2026, valued at $7,760. The same officer picked up another 17 shares worth $6,718 on May 20, 2026. Later, on July 20, 2026, Bor-Zen Tien bought 10 shares at $405.00 per share for a total of $4,050, followed by a purchase of 15 shares at $390.00 per share worth $5,850 on July 28, 2026.

Analysts Set New Price Targets

Wall Street analysts continue to update their outlooks on the semiconductor leader. 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, lifting its target from $650.00 to $665.00. Needham kept a buy rating on October 15, 2026, raising its target to $560.00 from $530.00. Barclays reiterated its overweight rating on October 16, 2026, nudging its target up to $670.00. DA Davidson maintained a buy rating on October 16, 2026, with a $500.00 price target. Across the broader analyst community, the stock holds a consensus strong buy recommendation and a mean price target of $584.39 based on 20 opinions.

About Taiwan Semiconductor Manufacturing Company Limited

Based in Hsinchu City, Taiwan, Taiwan Semiconductor Manufacturing Company Limited operates as a contract foundry that manufactures custom integrated circuits and semiconductor chips for global technology brands. Its fabrication processes power everything from advanced mobile processors to high-performance artificial intelligence hardware. Institutional interest remains high as the company continues to supply critical components for the broader technology sector.

Bottom Line

Investors will look ahead to the next earnings report on January 14, 2027, for fresh details on fab capacity and demand trends. Monitoring upcoming institutional 13F filings will also show whether major holders continue to accumulate shares.