TSM β€” TAIWAN SEMICONDUCTOR MFG LTD

Ownership history in HHLR ADVISORS, LTD.  Β·  17 quarters on record

This page tracks every 13F SEC filing in which HHLR ADVISORS, LTD. reported a position in TAIWAN SEMICONDUCTOR MFG LTD (TSM). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.78% (2022 Q1)
πŸ“Š Avg. % of fund
0.34%
πŸ“… First filed
2020 Q2
πŸ“… Last filed
2025 Q4
⏱ Quarters held
17

Position Intelligence

HHLR ADVISORS, LTD. Γ— TSM AI Analytics

πŸ“ˆ HHLR ADVISORS, LTD. outperformed the S&P 500 by +37.3% annually on this TSM position. Timing score: 27% (3/11 decisions correct). Average cost basis: $57.07. Maximum drawdown during holding period: –42.1%.

πŸ“ˆ Position Alpha vs SPY
+37.3%
annualised excess return

πŸ”₯ Exceptional β€” beat the S&P 500 by 37.3% per year on this position.
16 quarters analyzed

⏱️ Timing Score
27%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
3 of 11 add/trim decisions correct

πŸ’° Entry Quality
$57.07
+431.0% vs current ($303.04)

Best entry: $51.57 (2020 Q2)  Β·  Worst: $194.32 (2024 Q4)

πŸ›‘οΈ Drawdown Resilience
–42.1%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
25%
buy-side decisions

3 adds Β· 9 trims. Bought during 0 of 5 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.11% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    TSM price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 11,300 -21,700 -65.8% 0.11% $3.4M $303.04
2025 Q1 REDUCED 33,000 -9,588 -22.5% 0.15% $5.5M $163.97
2024 Q4 ADDED 42,588 +23,193 +119.6% 0.29% $8.4M $194.32
2024 Q3 REDUCED 19,395 -47,405 -71.0% 0.07% $3.4M $170.34
2024 Q2 REDUCED 66,800 -31,300 -31.9% 0.29% $11.6M $169.85
2024 Q1 ADDED 98,100 +38,100 +63.5% 0.29% $13.3M $132.53
2022 Q4 REDUCED 60,000 -45,095 -42.9% 0.09% $4.5M $70.89
2022 Q3 REDUCED 105,095 -75,200 -41.7% 0.19% $7.2M $64.88
2022 Q2 REDUCED 180,295 -180,200 -50.0% 0.32% $14.7M $76.93
2022 Q1 UNCHANGED 360,495 β€” 0% 0.78% $37.6M $97.60
7 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history

🏒 Other funds also holding TSM

As of 2025 Q4 β€” sorted by position size

Noked Israel Ltd 3Y 7Y 42.24% LANSDOWNE PARTNERS (UK) LLP 3Y 7Y 29.53% Prime Capital Management Co Ltd 3Y 7Y 23.96% Marcho Partners LLP 3Y 22.78% 7G CAPITAL MANAGEMENT, LLC 3Y 20.79% OPTIMAS CAPITAL Ltd 3Y 20.33% HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 3Y 19.83% Trinity Street Asset Management LLP 3Y 7Y 18.46% Crow's Nest Holdings LP 3Y 15.95% BlueSpruce Investments, LP 3Y 7Y 15.61%
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