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)
InstitutionToroso Investments, LLC
Latest Disclosed Ownership1,013,268 shares
Latest Disclosed Value $ 329,601,780
Toroso Investments, LLC ownership in TSFA / Taiwan Semiconductor Manufacturing Company Limited - Depositary Receipt (Common Stock)

On May 15, 2026 - Toroso Investments, LLC filed a 13F-HR form disclosing ownership of 1,013,268 shares of Taiwan Semiconductor Manufacturing Company Limited - Depositary Receipt (Common Stock) (DE:TSFA) valued at $294,860,988 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 303,239 shares of Taiwan Semiconductor Manufacturing Company Limited - Depositary Receipt (Common Stock). This represents a change in shares of 234.15% during the quarter. The current value of the position is $388,081,644 USD.

Toroso Investments, LLC has a history of taking positions in derivatives of the underlying security (TSFA) in the form of stock options. The firm currently holds call options representing 460,400 of underlying shares valued at $155,592,180 USD and put options representing 68,600 of underlying shares valued at $23,183,370 USD .

Note: prior versions of this page mistakenly stated that the share values represented the number of options, not the number of underlying shares. For more information on the data backing these reports, please see the SEC document Frequently Asked Questions About Form 13F.

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.

Upgrade to unlock premium data and export to Excel .

Institutional Put/Call Ratios
(Premium Subscription Required)

In addition to reporting standard equity and debt issues, institutions with more than 100MM assets under management must also disclose their put and call option holdings. Since put options generally indicate negative sentiment, and call options indicate positive sentiment, we can get a sense of the overall institutional sentiment by plotting the ratio of puts to calls. The chart to the right plots the historical put/call ratio for this instrument.

Using Put/Call Ratio as an indicator of investor sentiment overcomes one of the key deficiencies of using total institutional ownership, which is that a significant amount of assets under management are invested passively to track indices. Passively-managed funds do not typically buy options, so the put/call ratio indicator more closely tracks the sentiment of actively-managed funds.

DE:TSFA / Taiwan Semiconductor Manufacturing Company Limited - Depositary Receipt (Common Stock) Historical Put/Call Ratio
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)
2026-05-15 2026-03-31 13F TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS 874039100 1,013,268 710,029 234.15 329,602 257.67 0.5201
2026-02-13 2025-12-31 13F TAIWAN SEMICONDUCTOR MFG LTD SPONSOR ED ADS 874039100 303,239 67,269 28.51 92,151 39.83 0.2187
2025-11-14 2025-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 235,970 26,851 12.84 65,904 39.15 0.1318
2025-08-14 2025-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 209,119 34,934 20.06 47,363 63.81 0.2847
2025-05-14 2025-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 174,185 2,642 1.54 28,915 -14.65 0.2352
2025-02-14 2024-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 171,543 54,537 46.61 33,878 66.72 0.2663
2024-11-25 2024-09-30 13F/A-1 TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 117,006 -25,919 -18.13 20,320 -18.20 0.2148
2024-11-14 2024-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 117,006 -25,919 20,320 0.1390
2024-08-14 2024-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 142,925 3,074 2.20 24,842 30.56 0.3338
2024-05-16 2024-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 139,851 -45,538 -24.56 19,027 -1.32 0.3140
2024-02-15 2023-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 185,389 77,397 71.67 19,280 105.46 0.4486
2023-11-15 2023-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 107,992 368 0.34 9,385 93,740.00 0.2855
2023-08-14 2023-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 107,624 26,502 32.67 11 42.86 0.3190
2023-05-23 2023-03-31 13F/A-1 Taiwan Semiconductor Manufacturing Co Ltd ADR SPONSORED ADS 874039100 81,122 5,179 6.82 8 -99.88 0.2483
2023-05-15 2023-03-31 13F Taiwan Semiconductor Manufacturing Co Ltd ADR SPONSORED ADS 874039100 14,357 -61,586 1 0.0474
2023-02-15 2022-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 75,943 -9,876 -11.51 5,657 -3.84 0.2174
2022-11-23 2022-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 85,819 -2,377 -2.70 5,883 -18.40 0.2445
2022-08-15 2022-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 88,196 -31,222 -26.15 7,210 -42.09 0.2641
2022-05-20 2022-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 119,418 7,381 6.59 12,451 -7.63 0.3709
2022-02-16 2021-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 112,037 7,542 7.22 13,479 15.53 0.4127
2021-11-15 2021-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 104,495 3,841 3.82 11,667 -3.54 0.4365
2021-08-13 2021-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 100,654 20,075 24.91 12,095 26.90 0.4725
2021-05-17 2021-03-31 13F Taiwan Semiconductor Manufacturing Co Ltd ADR SPONSORED ADS 874039100 80,579 16,958 26.65 9,531 37.39 0.4458
2021-02-16 2020-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 63,621 60,135 1,725.04 6,937 145.47 0.4796
2020-11-16 2020-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 3,486 -30,766 -89.82 2,826 45.30 0.3774
2020-08-17 2020-06-30 13F TAIWAN SEMICONDUCTOR MFG LTD S SPONSORED ADS 874039100 34,252 -1,056 -2.99 1,945 15.29 0.2641
2020-05-08 2020-03-31 13F TAIWAN SEMICONDUCTOR MFG LTD S SPONSORED ADS 874039100 35,308 -7,720 -17.94 1,687 -32.52 0.5003
2020-02-14 2019-12-31 13F TAIWAN SEMICONDUCTOR MFG LTD S SPONSORED ADS 874039100 43,028 -10,287 -19.29 2,500 0.89 1.0534
2019-11-14 2019-09-30 13F TAIWAN SEMICONDUCTOR MFG LTD S SPONSORED ADS 874039100 53,315 -14,629 -21.53 2,478 -6.88 1.1175
2019-08-15 2019-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS 874039100 67,944 -10,651 -13.55 2,661 -17.33 1.4667
2019-05-15 2019-03-31 13F TAIWAN SEMICONDUCTOR MFG LTD S SPONSORED ADS 874039100 78,595 -42,457 -35.07 3,219 -27.94 2.1664
2019-02-14 2018-12-31 13F TAIWAN SEMICONDUCTOR MFG LTD S SPONSORED ADR 874039100 121,052 121,052 4,467 3.4423
Disclosed Call Options
File
Date		 Effective
Date		Form Security Class ID Opt Avg Share
Price		 Shares ΔShares
(%)		 Value
(x1000)		 ΔValue
(%)		 Prior Allocation
(%)		 Allocation
(%)		 ΔAllocation
(%)		 Cost Basis
(x1000)		 Profit
(x1000)		 Return
(%)
2026-05-15 2026-03-31 13F TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS Call 460,400 -1.56 155,592 9.47 n/a n/a n/a
2026-02-13 2025-12-31 13F TAIWAN SEMICONDUCTOR MFG LTD SPONSOR ED ADS Call 467,700 -12.05 142,129 -4.31 n/a n/a n/a
2025-11-14 2025-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS Call 531,800 10,230.23 148,526 1,103.13 n/a n/a n/a
2025-08-14 2025-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS Call 5,148 0.66 12,345 670.60 n/a n/a n/a
2025-05-14 2025-03-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS Call 5,114 34.54 1,602 12.74 n/a n/a n/a
2025-02-14 2024-12-31 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS Call 3,801 576.33 1,421 606.97 n/a n/a n/a
2024-11-25 2024-09-30 13F/A TAIWAN SEMICONDUCTOR MFG SPONSORED ADS Call 562 201 n/a n/a n/a
2024-11-14 2024-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS Call 562 202 n/a n/a n/a
Disclosed Put Options
File
Date		 Effective
Date		Form Security Class ID Opt Avg Share Price Shares ΔShares
(%)		 Value
(x1000)		 ΔValue
(%)		 Prior Allocation
(%)		 Allocation
(%)		 ΔAllocation
(%)		 Cost Basis
(x1000)		 Profit
(x1000)		 Return
(%)
2026-05-15 2026-03-31 13F TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS Put 68,600 30.92 23,183 45.59 n/a n/a n/a
2026-02-13 2025-12-31 13F TAIWAN SEMICONDUCTOR MFG LTD SPONSOR ED ADS Put 52,400 261.38 15,924 293.26 n/a n/a n/a
2025-11-14 2025-09-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS Put 14,500 161,011.11 4,050 n/a n/a n/a
2025-08-14 2025-06-30 13F TAIWAN SEMICONDUCTOR MFG SPONSORED ADS Put 9 1 n/a n/a n/a
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.