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Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Sold by Advisors Capital Management LLC

News Snapshot:

Advisors Capital Management LLC lessened its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 7.9% in the 2nd quarter, Holdings Channel reports. The fund owned 354,596 shares of the semiconductor company’s stock after selling 30,547 shares during the period. Taiwan Semiconductor Manufacturing accounts for approximately 1.4% of Advisors Capital Management LLC’s holdings, making the stock its 12th biggest position. Advisors Capital Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $42,608,000 at the end of the most recent quarter. Other hedge funds have also recently added to or reduced their stakes in the company. Jennison Associates LLC lifted its…

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