Seven Eight Capital LP acquired a new stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 79,983 shares of the semiconductor company’s stock, valued at approximately $9,611,000. Taiwan Semiconductor Manufacturing comprises 1.3% of Seven Eight Capital LP’s holdings, making the stock its 2nd largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Alaethes Wealth LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 13.4% in the 2nd quarter. Alaethes Wealth LLC now owns 9,896 shares of the semiconductor company’s stock valued at $1,189,000 after purchasing an additional 1,166 shares in the last quarter. Fairbanks Capital Management Inc. increased its stake in shares of Taiwan Semiconductor Manufacturing by 3.4% in the 2nd quarter. Fairbanks Capital Management Inc. now owns 8,731 shares of the semiconductor company’s stock valued at $1,049,000 after purchasing an additional 291 shares in the last quarter. William Blair Investment Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 4.8% in the 2nd quarter. William Blair Investment Management LLC now owns 10,834,733 shares of the semiconductor company’s stock worth $1,301,865,000 after buying an additional 495,832 shares during the last quarter. Golden State Equity Partners boosted its holdings in Taiwan Semiconductor Manufacturing by 6.4% in the 2nd quarter. Golden State Equity Partners now owns 2,436 shares of the semiconductor company’s stock worth $293,000 after buying an additional 147 shares during the last quarter. Finally, Jacobi Capital Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 52.2% in the 2nd quarter. Jacobi Capital Management LLC now owns 3,628 shares of the semiconductor company’s stock worth $436,000 after buying an additional 1,244 shares during the last quarter. Institutional investors and hedge funds own 16.55% of the company’s stock.