Vaughan Nelson Investment Management, L.P. Reduces $100M in Taiwan Semiconductor Manufacturing Company Limited ($TSM)

Vaughan Nelson Investment Management has reduced its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM). According to its latest Form 13F filing with the SEC, Vaughan Nelson cut its position by about 210,095 shares, or 29.2%, bringing its total holdings to 510,385 shares valued at approximately $216.4 million as of the reporting period.

What Changed in Vaughan Nelson's Taiwan Semiconductor Position

Vaughan Nelson's recent filing shows a significant reduction in its investment in Taiwan Semiconductor. The fund previously held 720,480 shares and reduced this by 210,095 shares. The new total of 510,385 shares represents a 29.2% decrease in its holdings, with the current value of the position standing at $216.4 million.

Other Institutional Activity in Taiwan Semiconductor

Several other major funds have also adjusted their positions in Taiwan Semiconductor. FMR LLC decreased its holdings by 738,638 shares, ending with 60,393,190 shares worth about $20.41 billion. CAPITAL WORLD INVESTORS increased its stake by 5,482,648 shares, bringing its total to 32,886,937 shares valued at $11.11 billion. SANDERS CAPITAL, LLC reduced its holdings by 3,898,268 shares to 28,060,092 shares, valued at approximately $9.48 billion. Meanwhile, VAN ECK ASSOCIATES CORP added 1,797,042 shares, raising its total to 19,262,004 shares worth around $6.51 billion.

Taiwan Semiconductor Manufacturing Company Limited Stock Up 14.4%

Shares of NYSE:TSM traded near $423.93. Taiwan Semiconductor has a market cap of $2.20 trillion and a P/E ratio of 36.5, with a forward P/E of 21.7. The stock's 52-week range has been between $206.2 and $450.16. It has a 50-day moving average of $398.22 and a 200-day moving average of $331.02. The company shows a current ratio of 2.49, a quick ratio of 2.19, and a debt-to-equity ratio of 18.45.

Recent Earnings

In its most recent financial results, Taiwan Semiconductor reported revenue of approximately $4.10 trillion, with a revenue growth of 35.1%. The company achieved a net margin of 46.5% and a return on equity of 36.2%. The next earnings report is expected on April 16, 2026.

Dividend

Taiwan Semiconductor offers an annual dividend rate of $3.80, yielding 0.9% with a payout ratio of 27.93%.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited

Notable recent insider activity includes Vice President Chuang Tzu-Sou selling 500,000 shares on June 8, 2026. On June 5, 2026, several vice presidents, including Chuang Juiping and Liaw Yung-Haw, purchased small amounts of shares around $76.01 each.

Analysts Set New Price Targets

On April 22, 2026, Barclays maintained its 'buy' rating on TSM, setting a price target of $470. Needham also maintained a 'buy' rating with a target of $480 on April 16, 2026. The consensus among analysts is a 'strong buy' rating, with a mean price target of $467.84 from 18 analyst opinions.

About Taiwan Semiconductor

Taiwan Semiconductor Manufacturing Company Limited is a leading semiconductor manufacturer based in Hsinchu City, Taiwan. It provides a wide range of wafer fabrication processes and services to clients worldwide, including high-performance computing, smartphones, and automotive industries. Established in 1987, the company is led by CEO Dr. C. C. Wei and employs around 76,907 people.

Bottom Line

Vaughan Nelson's decision to reduce its stake in Taiwan Semiconductor reflects a significant portfolio adjustment. Investors closely follow these filings as they provide insight into institutional sentiment. While this report shows past holdings as of the filing date, it may not represent the current position. Taiwan Semiconductor remains a key player in the semiconductor industry, with strong analyst support.