Coatue Management 13F: Adds $312M to TSM Stake

Coatue Management Boosts Holdings in Taiwan Semiconductor

Coatue Management added to its investment in Taiwan Semiconductor Manufacturing Company Limited NYSE:TSM during the period ended May 15, 2026, according to a Form 13F filed with the Securities and Exchange Commission. Because 13F filings look backward, this report reflects holdings as of that date and may not show the fund's current position today. The technology-focused investor grew its portfolio by taking a larger slice of the chip giant as artificial intelligence and high-performance computing demand continued to shape tech sector allocations.

Position Growth and Share Details

The fund increased its holdings by 654,023 shares, marking a 7.6% rise from its previous total of 8,629,524 shares. That expansion brought Coatue's total ownership to 9,283,547 shares. Based on the reported period, that stake carried an estimated value of $4.43 billion.

Stock Price and Market Context

Shares of Taiwan Semiconductor trade near the upper boundary of their 52-week range, sitting not far from the $487.47 peak while well above the 52-week low of $266.82. The company carries a forward P/E ratio of 18.35 based on its upcoming earnings outlook. These valuation levels reflect steady market enthusiasm for the foundry's advanced wafer fabrication technologies used in smartphones and processors.

Recent Earnings Performance

For its recent financial reporting period, Taiwan Semiconductor posted robust revenue of $4.44 trillion alongside a net margin of 49.9%. The chipmaker delivered earnings per share of $15.43 and a return on equity of nearly 40.0%. Revenue grew by 36.0% compared to the prior period, highlighting strong global demand for advanced silicon. The company's next earnings report is scheduled for October 15, 2026.

Dividend Payments

Taiwan Semiconductor rewards shareholders with an annual dividend yielding 0.85%. The payout ratio sits at 25.4%, meaning the company reinvests the vast majority of its earnings back into manufacturing capacity and research while returning a steady cash portion to investors.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited

Company insiders have been active in the open market recently. On June 29, 2026, Vice President Bor-Zen Tien bought 1,000 shares at an average price of $76.64 for a total of $76,640. The same executive purchased another 1,000 shares on June 30, 2026, at $75.70 per share. Additionally, Vice President Lipen Yuan bought 1,000 shares on June 22, 2026, at $79.19 per share. On the disposition side, Vice President Tzu-Sou Chuang disposed of 500,000 shares on June 24, 2026.

Analysts Set New Price Targets

Wall Street firms have continued updating their outlooks on the stock. On October 16, 2026, DA Davidson maintained a buy rating with a $500.00 price target. Needham maintained its buy rating on October 15, 2026, raising its target from $530.00 to $560.00. Barclays kept an overweight rating on October 6, 2026, lifting its target to $665.00 from $650.00. Stifel initiated coverage with a buy rating and a $515.00 price target on September 2, 2026. Bernstein maintained an outperform rating on August 11, 2026, raising its target to $554.00 from $430.00. Overall, the stock carries a consensus strong buy recommendation and a mean price target of $584.39 across 20 analyst opinions.

About the Company

Headquartered in Hsinchu City, Taiwan, Taiwan Semiconductor Manufacturing Company Limited operates as a dedicated semiconductor foundry. The firm manufactures integrated circuits for major technology customers worldwide, utilizing advanced logic, mixed-signal, and radio frequency wafer fabrication processes.

What to Watch at Taiwan Semiconductor Manufacturing Company Limited

Investors will follow upcoming institutional filings and the October 15 earnings release to gauge whether large growth funds like Coatue maintain or adjust their tech sector allocations. As always, 13F reports offer a historical snapshot rather than a live trading signal.