Taiwan Semiconductor Manufacturing Company Limited - Depositary Receipt (Common Stock)
DE ˙ DB ˙ US8740391003
383,00 € ↑3,50 (0,92%)
2026-06-04
DEL PRIS
SecurityDE:TSFA / Taiwan Semiconductor Manufacturing Company Limited - Depositary Receipt (Common Stock)
InstitutionSands Capital Management, Llc
Latest Disclosed Ownership5,862,685 shares
Latest Disclosed Value $ 1,981,294,396
Sands Capital Management, Llc reports 14.11% decrease in ownership of TSFA / Taiwan Semiconductor Manufacturing Company Limited - Depositary Receipt (Common Stock)

On May 8, 2026 - Sands Capital Management, Llc filed a 13F-HR form disclosing ownership of 5,862,685 shares of Taiwan Semiconductor Manufacturing Company Limited - Depositary Receipt (Common Stock) (DE:TSFA) valued at $1,706,041,335 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 6,826,175 shares of Taiwan Semiconductor Manufacturing Company Limited - Depositary Receipt (Common Stock). This represents a change in shares of -14.11% during the quarter. The current value of the position is $2,245,408,355 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-08 2026-03-31 13F TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS 874039100 5,862,685 -963,490 -14.11 1,981,294 -4.49 7.7738
2026-02-13 2025-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 6,826,175 -2,425,714 -26.22 2,074,406 -19.72 6.3099
2025-11-13 2025-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 9,251,889 699,611 8.18 2,583,960 33.40 7.1285
2025-08-13 2025-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 8,552,278 524,960 6.54 1,937,005 45.36 5.5611
2025-05-14 2025-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 8,027,318 3,626,396 82.40 1,332,535 53.32 4.5332
2025-02-13 2024-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 4,400,922 -282,600 -6.03 869,138 6.85 2.5717
2024-11-13 2024-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 4,683,522 -95,731 -2.00 813,387 -2.08 2.4687
2024-08-13 2024-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 4,779,253 -438,641 -8.41 830,682 17.01 2.4408
2024-05-14 2024-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 5,217,894 -373,664 -6.68 709,894 22.08 1.9856
2024-02-13 2023-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 5,591,558 -91,357 -1.61 581,522 17.75 1.7675
2023-11-14 2023-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 5,682,915 -133,179 -2.29 493,845 -15.86 1.6809
2023-08-15 2023-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 5,816,094 -10,743 -0.18 586,960 8.29 1.8225
2023-05-12 2023-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 5,826,837 -64,164 -1.09 542,012 123,647.03 1.7856
2023-02-13 2022-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 5,891,001 -357,925 -5.73 439 -99.90 1.6577
2022-11-09 2022-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 6,248,926 -2,779,731 -30.79 428,426 -41.96 1.6077
2022-08-12 2022-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 9,028,657 -182,252 -1.98 738,093 -23.14 2.5550
2022-05-13 2022-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 9,210,909 -641,775 -6.51 960,329 -18.99 2.2081
2022-02-11 2021-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 9,852,684 -286,109 -2.82 1,185,376 4.72 2.1998
2021-11-03 2021-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 10,138,793 249,812 2.53 1,131,996 -4.73 1.8877
2021-08-16 2021-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 9,888,981 591,739 6.36 1,188,260 8.06 2.0148
2021-05-17 2021-03-31 13F/A-1 TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 9,297,242 2,049,741 28.28 1,099,678 39.15 2.1251
2021-05-12 2021-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 9,297,242 2,049,741 1,099,678 2.1706
2021-02-17 2020-12-31 13F/A-1 TAIWAN SEMICONDUCTOR-SP ADR COM 874039100 7,247,501 443,098 6.51 790,268 43.26 1.5000
2021-02-16 2020-12-31 13F TAIWAN SEMICONDUCTOR-SP ADR COM 874039100 7,247,501 443,098 790,268 1.5100
2020-11-17 2020-09-30 13F/A-1 TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 6,804,403 1,592,405 30.55 551,633 86.43 1.1935
2020-11-16 2020-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 6,804,403 1,592,405 551,633 1,180,965.7268
2020-08-11 2020-06-30 13F TAIWAN SEMICONDUCTOR-SP ADR COM 874039100 5,211,998 179,042 3.56 295,885 23.02 0.7161
2020-05-14 2020-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 5,032,956 141,763 2.90 240,525 -15.36 0.8022
2020-02-13 2019-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 4,891,193 601,770 14.03 284,178 42.54 0.8251
2019-11-14 2019-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 4,289,423 787,003 22.47 199,372 45.33 0.6409
2019-08-14 2019-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 3,502,420 395,565 12.73 137,190 7.81 0.4081
2019-05-15 2019-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 3,106,855 -6,945 -0.22 127,257 10.73 0.3922
2019-02-14 2018-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 3,113,800 323,851 11.61 114,930 -6.72 0.4101
2018-11-14 2018-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 2,789,949 324,585 13.17 123,204 36.69 0.3484
2018-08-14 2018-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 2,465,364 57,275 2.38 90,134 -14.47 0.2581
2018-05-15 2018-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 2,408,089 155,131 6.89 105,378 17.96 0.3117
2018-02-14 2017-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 2,252,958 288,440 14.68 89,330 21.10 0.2708
2017-11-14 2017-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 1,964,518 318,775 19.37 73,768 28.21 0.2210
2017-08-14 2017-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 1,645,743 -36,325 -2.16 57,535 4.16 0.1730
2017-05-12 2017-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 1,682,068 92,396 5.81 55,239 20.87 0.1735
2017-02-13 2016-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 1,589,672 23,500 1.50 45,703 -4.60 0.1593
2016-11-14 2016-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 1,566,172 60,445 4.01 47,909 21.30 0.1410
2016-08-12 2016-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 1,505,727 142,082 10.42 39,495 10.55 0.1221
2016-05-16 2016-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 1,363,645 290,465 27.07 35,727 46.33 0.1055
2016-02-12 2015-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 1,073,180 914,180 574.96 24,415 640.07 0.0629
2015-11-13 2015-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADR 874039100 159,000 159,000 3,299 0.0092
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.