Two Creeks Capital Management, LP: TAIWAN SEMICONDUCTOR MANUFAC (TSM): Quarterly 13F Position History
As of Q2 2026, Two Creeks Capital Management, LP reported 11,565 shares of TAIWAN SEMICONDUCTOR MANUFAC (TSM), worth $5.5M and representing 4.0% of its 13F equity book. Quarter-over-quarter share count change: 170,374 (-93.6%) . The position first appeared in Q4 2025 and has been disclosed across 3 13F-HR filings in Pactolio's tracked window.
- 11,565Shares Held (Latest Filing)
- $5.5MReported Market Value (Latest Filing)
- 4.0%Portfolio Weight (% of 13F Equity Book)
- 170,374Quarter-over-Quarter Share Change
- -$56.0MQuarter-over-Quarter Value Change
- 181,939Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 3 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 11,565 | 170,374 | -93.6% | $5.5M | 4.0% | $477.6 |
| Q1 2026 | 181,939 | +86,829 | +91.3% | $61.5M | 6.5% | $337.9 |
| Q4 2025 | 95,110 | – | – | $28.9M | 2.4% | $303.9 |
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 rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did Two Creeks Capital Management, LP first disclose a TSM position in 13F-HR filings?
Two Creeks Capital Management, LP first reported TAIWAN SEMICONDUCTOR MANUFAC (TSM) on its 13F-HR filing for the period ending 2025-12-31 (Q4 2025). The position has appeared on 3 reported quarters within Pactolio's tracked window.
What was Two Creeks Capital Management, LP's most recent quarter-over-quarter share-count change in TSM?
Between Q1 2026 and Q2 2026, Two Creeks Capital Management, LP reduced its TSM position by 170,374 shares (-93.6%), leaving 11,565 shares at a market value of $5.5M.
Does the implied price-per-share represent Two Creeks Capital Management, LP'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.