Y-Intercept (Hong Kong) 13F: Adds $38M to TSM Stake

Y-Intercept (Hong Kong) boosted its position in Taiwan Semiconductor Manufacturing Company (NYSE: TSM) by 82,266 shares, bringing its total holdings to 113,073 shares valued at approximately $51.6 million, according to a filing on October 16, 2026.

What Changed in Y-Intercept's TSM Position

Y-Intercept's stake increased by 267% compared to the previous count of 30,807 shares. This move indicates a solid commitment to TSMC as the fund continues to hold a substantial position in the technology sector.

Other Institutional Activity in TSMC

Several other institutional investors have made changes to their positions in TSMC. BlackRock, Inc. raised its stake by 1,888,086 shares, totaling 20,112,852 shares worth about $8.3 billion. In contrast, FMR, LLC reduced its holdings by 1,455,472 shares, ending with 58,937,551 shares valued at approximately $24.3 billion. Meanwhile, Capital World Investors added 1,486,440 shares, bringing its total to 34,372,274 shares worth around $14.2 billion.

Taiwan Semiconductor Manufacturing Company Limited Stock Down 4.1%

As of October 16, 2026, TSMC shares were recently trading around $413.54. This price is 4.8% below the 50-day moving average of $434.48 and 15.2% below the 52-week high of $487.47. The stock has shown resilience, as it's still 55.0% above its 52-week low of $266.82.

Recent Earnings

For the trailing twelve months, TSMC reported revenue of approximately $4.44 trillion and earnings per share (EPS) of $15.43. The company boasts a net margin of 49.9% and a return on equity (ROE) of 40.0%. TSMC's next earnings report is expected soon, which should provide further insights into its financial performance.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited

Insider transactions have also been noteworthy. Bor-Zen Tien, an officer at TSMC, bought a total of 62 shares across several transactions earlier in 2026, with the most significant purchase being 20 shares on April 28. The total value for these transactions was approximately $19,000.

Analysts Set New Price Targets

On October 16, 2026, Barclays maintained its overweight rating on TSMC with a price target of $670. DA Davidson also maintained a buy rating with a $500 target. Earlier, on October 15, Needham kept its buy rating with a target of $560. The consensus recommendation among analysts remains a strong buy, with a mean price target of $584.39 based on 20 opinions.

About TSMC

Taiwan Semiconductor Manufacturing Company Limited is a leading global manufacturer of semiconductor devices. It provides a range of wafer fabrication processes used in integrated circuits for various applications across industries. TSMC is recognized for its advanced technology and innovation in the semiconductor field.

Bottom Line

Looking ahead, TSMC's upcoming earnings report will be a focal point for investors. With Y-Intercept's significant stake increase and ongoing analyst support, the company remains a key player in the semiconductor industry. Remember, this 13F filing reflects Y-Intercept's holdings as of the reporting period and may not represent its current position.