Connable Office Inc. reduced its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 19.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,319 shares of the semiconductor company’s stock after selling 4,178 shares during the period. Connable Office Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $2,081,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Naples Global Advisors LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 3.8% during the second quarter. Naples Global Advisors LLC now owns 105,903 shares of the semiconductor company’s stock worth $12,725,000 after buying an additional 3,871 shares during the period. Rational Advisors LLC purchased a new position in Taiwan Semiconductor Manufacturing in the second quarter valued at $1,142,000. Van Hulzen Asset Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 3.8% in the second quarter. Van Hulzen Asset Management LLC now owns 5,491 shares of the semiconductor company’s stock valued at $660,000 after purchasing an additional 200 shares during the period. Payden & Rygel boosted its holdings in Taiwan Semiconductor Manufacturing by 1,673.8% in the second quarter. Payden & Rygel now owns 216,400 shares of the semiconductor company’s stock valued at $26,003,000 after purchasing an additional 204,200 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in Taiwan Semiconductor Manufacturing by 4.8% in the second quarter. Bessemer Group Inc. now owns 1,098,272 shares of the semiconductor company’s stock valued at $131,969,000 after purchasing an additional 49,824 shares during the period. Institutional investors and hedge funds own 14.63% of the company’s stock.