D1 Capital Partners L.P. 13F: New $157M Stake in TSM

D1 Capital Partners L.P. has initiated a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), acquiring 328,600 shares valued at around $156.9 million as of its latest Form 13F filing on May 15, 2026. This marks the fund's entry into TSMC, with an average cost basis of $342.57 per share.

The new position reflects D1 Capital's strategy as an institutional investor, which often seeks to capitalize on growth opportunities in technology sectors. TSMC, a major player in the semiconductor industry, has seen strong trading activity, closing at $477.57 on the publication date, well-positioned near its 52-week high of $487.47.

Other Institutional Activity in TSM

FMR, LLC holds 58,937,551 shares of TSMC but trimmed its stake by 1,455,472 shares, bringing its total value to about $24.3 billion. Capital World Investors grew its holdings by 1,486,440 shares, now owning 34,372,274 shares valued at approximately $14.2 billion. Meanwhile, Blackrock Inc. increased its position by 1,888,086 shares, ending with 20,112,852 shares worth about $8.3 billion.

Taiwan Semiconductor Manufacturing Company Limited Stock Up 11.1%

With shares trading at $477.57, TSMC's stock is performing strongly, particularly after recent highs. The current price is considerably higher than its 200-day moving average of $394.48, suggesting robust investor confidence.

Recent Earnings

In its most recent earnings report, TSMC posted revenue of about $4.44 trillion, reflecting a 36% growth compared to the previous year. The company reported an EPS of $15.43 and a net margin of 49.9%. The next earnings date is set for October 15, 2026.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited

Insider trades have been active at TSMC, with VP Bor-Zen Tien purchasing 1,000 shares at $76.64 on June 29, 2026, totaling about $76,640. Tien also bought another 1,000 shares at $75.70 on June 30, 2026, for approximately $75,700. Additionally, VP Lipen Yuan acquired 1,000 shares at $79.19 on June 22, 2026, worth around $79,190.

Analysts Set New Price Targets

On October 16, 2026, DA Davidson maintained a Buy rating on TSMC with a target price of $500. Needham also maintained a Buy rating, raising its target to $560 from a prior $530 on October 15. Analysts are generally optimistic, with a consensus strong buy recommendation and a mean price target of around $584.39.

About TSMC

Taiwan Semiconductor Manufacturing Company Limited is a leading semiconductor manufacturer, producing integrated circuits and other semiconductor devices for customers worldwide. The company's strong market position and innovative capabilities in semiconductor technology contribute to its appeal among investors like D1 Capital Partners.

Bottom Line

Investors will be watching TSMC closely ahead of its next earnings report on October 15, 2026. The recent 13F filing reflects holdings as of May 15 and may not represent the investors' current position. As more funds disclose their holdings, market interest in TSMC's performance will likely continue to grow.