FountainCap Research & Investment Hong Kong Co. Ltd. lowered its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 25.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 252,241 shares of the semiconductor company’s stock after selling 85,770 shares during the period. Taiwan Semiconductor Manufacturing accounts for 89.5% of FountainCap Research & Investment Hong Kong Co. Ltd.’s investment portfolio, making the stock its largest position. FountainCap Research & Investment Hong Kong Co. Ltd.’s holdings in Taiwan Semiconductor Manufacturing were worth $30,309,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $25,000. LFA Lugano Financial Advisors SA acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $28,000. Albion Financial Group UT acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $28,000. Milestone Resources Group Ltd lifted its stake in shares of Taiwan Semiconductor Manufacturing by 54.4% in the 2nd quarter. Milestone Resources Group Ltd now owns 247 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 87 shares during the last quarter. Finally, Atlas Private Wealth Advisors lifted its stake in shares of Taiwan Semiconductor Manufacturing by 202.3% in the 2nd quarter. Atlas Private Wealth Advisors now owns 260 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 174 shares during the last quarter. 16.55% of the stock is currently owned by institutional investors.