Loudon Investment Management LLC reduced its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 5.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 8,519 shares of the semiconductor company’s stock after selling 526 shares during the quarter. Loudon Investment Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other large investors also recently added to or reduced their stakes in the stock. AFT Forsyth & Company Inc. raised its stake in Taiwan Semiconductor Manufacturing by 3.9% during the…