Third Point LLC: TAIWAN SEMIC-ADR (TSM): Quarterly 13F Position History
As of Q1 2026, Third Point LLC reported 275,000 shares of TAIWAN SEMIC-ADR (TSM), worth $92.9M and representing 4.5% of its 13F equity book. Quarter-over-quarter share count change: 150,000 (-35.3%) . The position first appeared in Q2 2023 and has been disclosed across 12 13F-HR filings in Pactolio's tracked window.
- 275,000Shares Held (Latest Filing)
- $92.9MReported Market Value (Latest Filing)
- 4.5%Portfolio Weight (% of 13F Equity Book)
- 150,000Quarter-over-Quarter Share Change
- -$36.2MQuarter-over-Quarter Value Change
- 2,450,000Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 12 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 275,000 | 150,000 | -35.3% | $92.9M | 4.5% | $337.9 |
| Q4 2025 | 425,000 | 675,000 | -61.4% | $129.2M | 1.8% | $303.9 |
| Q3 2025 | 1,100,000 | 330,000 | -23.1% | $307.2M | 3.7% | $279.3 |
| Q2 2025 | 1,430,000 | 350,000 | -19.7% | $323.9M | 4.3% | $226.5 |
| Q1 2025 | 1,780,000 | 0 | — | $295.5M | 4.6% | $166.0 |
| Q4 2024 | 1,780,000 | 0 | — | $351.5M | 4.7% | $197.5 |
| Q3 2024 | 1,780,000 | 245,000 | -12.1% | $309.1M | 4.2% | $173.7 |
| Q2 2024 | 2,025,000 | +850,000 | +72.3% | $352.0M | 4.0% | $173.8 |
| Q1 2024 | 1,175,000 | 0 | — | $159.9M | 2.0% | $136.1 |
| Q4 2023 | 1,175,000 | 600,000 | -33.8% | $122.2M | 1.8% | $104.0 |
| Q3 2023 | 1,775,000 | 675,000 | -27.6% | $154.2M | 2.4% | $86.9 |
| Q2 2023 | 2,450,000 | — | — | $247.3M | 3.6% | $100.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Third Point LLC first disclose a TSM position in 13F-HR filings?
Third Point LLC first reported TAIWAN SEMIC-ADR (TSM) on its 13F-HR filing for the period ending 2023-06-30 (Q2 2023). The position has appeared on 12 reported quarters within Pactolio's tracked window.
What was Third Point LLC's most recent quarter-over-quarter share-count change in TSM?
Between Q4 2025 and Q1 2026, Third Point LLC reduced its TSM position by 150,000 shares (-35.3%), leaving 275,000 shares at a market value of $92.9M.
Does the implied price-per-share represent Third Point LLC's cost basis in TSM?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.