TSM β€” TAIWAN SEMICONDUCTOR MFG LTD

Ownership history in WT Asset Management Ltd  Β·  16 quarters on record

This page tracks every 13F SEC filing in which WT Asset Management 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
19.87% (2020 Q4)
πŸ“Š Avg. % of fund
9.61%
πŸ“… First filed
2019 Q3
πŸ“… Last filed
2025 Q4
⏱ Quarters held
16

Position Intelligence

WT Asset Management Ltd Γ— TSM AI Analytics

πŸ“ˆ WT Asset Management Ltd outperformed the S&P 500 by +34.7% annually on this TSM position. Timing score: 53% (8/15 decisions correct). Average cost basis: $114.89. Maximum drawdown during holding period: –17.0%.

πŸ“ˆ Position Alpha vs SPY
+34.7%
annualised excess return

πŸ”₯ Exceptional β€” beat the S&P 500 by 34.7% per year on this position.
15 quarters analyzed

⏱️ Timing Score
53%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
8 of 15 add/trim decisions correct

πŸ’° Entry Quality
$114.89
+163.8% vs current ($303.04)

Best entry: $41.23 (2019 Q3)  Β·  Worst: $224.54 (2025 Q2)

πŸ›‘οΈ Drawdown Resilience
–17.0%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
44%
buy-side decisions

7 adds Β· 9 trims. Bought during 2 of 3 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 3.87% 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 320,892 -129,197 -28.7% 3.87% $97.5M $303.04
2025 Q3 REDUCED 450,089 -752,837 -62.6% 5.80% $125.7M $277.76
2025 Q2 ADDED 1,202,926 +808,685 +205.1% 19.10% $272.5M $224.54
2024 Q4 ADDED 394,241 +34,303 +9.5% 8.58% $77.9M $194.32
2024 Q3 REDUCED 359,938 -232,139 -39.2% 12.29% $62.5M $170.34
2024 Q2 REDUCED 592,077 -130,685 -18.1% 10.02% $102.9M $169.85
2024 Q1 ADDED 722,762 +94,862 +15.1% 9.90% $98.3M $132.53
2023 Q4 REDUCED 627,900 -788,748 -55.7% 8.21% $65.3M $100.90
2021 Q3 ADDED 1,416,648 +827,970 +140.6% 15.57% $158.2M $103.58
2021 Q1 REDUCED 588,678 -522,322 -47.0% 11.70% $69.6M $108.87
6 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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