News Summary
PositiveTSMC delivered exceptional Q2 2026 results with 36% YoY revenue growth, 77.4% net income growth, and industry-leading 55.6% net margins, driven by strong AI-chip demand across advanced nodes (2nm, 3nm, 5nm representing 66% of wafer revenue). The company raised full-year 2026 guidance to >30% growth and expects continued momentum into Q3 with 2nm technology ramping steeply, supported by analyst consensus 'Strong Buy' rating with ~20% upside.
Funds Buying (4)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | % of Fund | QoQ | Status |
|---|---|---|---|---|---|---|---|
| Appaloosa LP | David Tepper | 1.6M | +322K | $788M | 10.5% | +24% | Existing |
| Altimeter Capital | Brad Gerstner | 1.4M | +64K | $683M | 6.9% | +5% | Existing |
| Duquesne Family Office | Stanley Druckenmiller | 590K | +94K | $282M | 6.5% | +19% | Existing |
| Third Point | Dan Loeb | 460K | +185K | $220M | 4.7% | +67% | Existing |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.
Portfolio Context
Where TSM ranks in each buying fund's book, and the positions immediately around it. What a holding sits next to often says more about the thesis than the position size does.
position #2 of this fund's book
- 1Natera Inc$865M
- 2Taiwan Semiconductor Manufac$282M
- 3Stmicroelectronics N V$232M
- 4Insmed Inc$152M
- 5Ypf Sociedad Anonima$143M
position #3 of this fund's book
- 1AMAZON COM INC$1,192M
- 2MICRON TECHNOLOGY INC$1,125M
- 3TAIWAN SEMICONDUCTOR MANUFAC$788M
- 4ALPHABET INC$654M
- 5UBER TECHNOLOGIES INC$555M
- 6ISHARES INC$490M
position #4 of this fund's book
- 1NVIDIA CORPORATION$1,884M
- 2CEREBRAS SYSTEMS INC$1,597M
- 3META PLATFORMS INC$763M
- 4TAIWAN SEMICONDUCTOR MFG LTD$683M
- 5COREWEAVE INC$605M
- 6ARM HOLDINGS PLC$582M
- 7AMAZON COM INC$578M
position #6 of this fund's book
- 3ALPHABET INC$366M
- 4CRH PLC$235M
- 5TELEPHONE & DATA SYS INC$232M
- 6TAIWAN SEMICONDUCTOR MANUFAC$220M
- 7LIVE NATION ENTERTAINMENT IN$208M
- 8KEYSIGHT TECHNOLOGIES INC$205M
- 9SOMNIGROUP INTERNATIONAL INC$202M
Values are quarter-end position sizes. Shown only for funds where TSM ranks inside their 40 largest equity positions — below that, neighbouring names carry no signal. Adjacency is an inference about a fund's reasoning, not a disclosure of it.
Signal History
| Quarter | Direction | Funds | Score | vs SPY |
|---|---|---|---|---|
| Q2 2026 | LONG | 4 | 6.00 | -2.0% |
| Q1 2026 | LONG | 8 | 10.70 | +6.8% |
Same issuer appearing in consecutive quarters — persistent institutional conviction. Returns are frozen at each archived quarter's last refresh.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed | Src |
|---|---|---|---|---|---|---|---|
| Wu Yi-Huang | VP | BUY | 40 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Yoo Chue-San | VP | BUY | 53 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Yeap Choh Fei | SVP | BUY | 54 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Zhang Kevin Xiaoqiang | SVP and Deputy Co-COO | BUY | 61 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Yuan Lipen | VP | BUY | 41 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Mii Yuh-Jier | EVP and Co-COO | BUY | 71 | $76.20 | $0.01M | 2026-09-07 | ↗ |
| Wu Shien-Yang | SVP | BUY | 57 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Wei Che-Chia | Chairman and CEO | BUY | 149 | $76.20 | $0.01M | 2026-09-07 | ↗ |
| Tien Bor-Zen | VP | BUY | 43 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Tien Bor-Zen | VP | BUY | 5 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Wang Ying-Lang | SVP | BUY | 54 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Lu Chin-Sheng | VP | BUY | 38 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Lin Chris Horng-Dar | VP and CIO | BUY | 47 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Lin Shyue-Shyh | VP | BUY | 44 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Lee Chun-Hsien | SVP | BUY | 52 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Lu Lee-Chung | VP | BUY | 51 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Jang Syun-Ming | VP | BUY | 49 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Hwang Yuan-Ko | VP | BUY | 40 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Hsu Kuo-Chin | VP | BUY | 55 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Huang Jen-Chau | SVP and CFO | BUY | 30 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Ku Yao-Ching | VP | BUY | 47 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Hou Yung-Chin | SVP and Deputy Co-COO | BUY | 61 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Chuang Juiping | VP | BUY | 50 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Fang Shu-Hua | SVP and GC | BUY | 56 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| He Jun | VP | BUY | 46 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Chuang Tzu-Sou | VP | BUY | 47 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Chen Chih-Ho | Controller | BUY | 32 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Cao Min | VP | BUY | 56 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Chin Yung-Pei | EVP and Co-COO | BUY | 71 | $76.20 | $0.01M | 2026-09-07 | ↗ |
| Chen Pei-Hung | VP | BUY | 46 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Chang Tzonz-Sheng | SVP | BUY | 53 | $76.20 | $0.00M | 2026-09-07 | ↗ |
| Fang Shu-Hua | SVP and GC | BUY | 1K | $77.09 | $0.08M | 2026-07-02 | ↗ |
| Fang Shu-Hua | SVP and GC | BUY | 1K | $77.09 | $0.08M | 2026-07-02 | ↗ |
Congressional Trading
| Member | Chamber | State | Type | Amount Range | Transaction Date | Filed | Src |
|---|---|---|---|---|---|---|---|
| Richard W. Allen | house | GA12 | BUY | $1,001 - $15,000 | 2026-08-12 | 2026-09-22 | ↗ |
| Cleo Fields | house | LA06 | BUY | $1,001 - $15,000 | 2026-07-10 | 2026-07-30 | ↗ |
| Richard W. Allen | house | GA12 | BUY | $1,001 - $15,000 | 2026-05-08 | 2026-06-16 | ↗ |
Periodic Transaction Reports filed under the STOCK Act. Amounts are disclosed as ranges, not exact dollar figures.