Wedgewood Partners Inc. acquired a new stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 118,209 shares of the semiconductor company’s stock, valued at approximately $14,203,000. Taiwan Semiconductor Manufacturing comprises about 2.1% of Wedgewood Partners Inc.’s investment portfolio, making the stock its 19th biggest holding.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Credit Agricole S A lifted its holdings in Taiwan Semiconductor Manufacturing by 104.8% during the first quarter. Credit Agricole S A now owns 15,645 shares of the semiconductor company’s stock valued at $1,850,000 after purchasing an additional 8,006 shares during the last quarter. Sit Investment Associates Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 38.8% in the first quarter. Sit Investment Associates Inc. now owns 11,800 shares of the semiconductor company’s stock worth $1,396,000 after buying an additional 3,300 shares in the last quarter. Brandes Investment Partners LP lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 10.6% in the second quarter. Brandes Investment Partners LP now owns 37,400 shares of the semiconductor company’s stock worth $4,494,000 after buying an additional 3,599 shares in the last quarter. TCW Group Inc. purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter worth about $2,768,000. Finally, Kingfisher Capital LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 6.3% in the second quarter. Kingfisher Capital LLC now owns 29,089 shares of the semiconductor company’s stock worth $3,495,000 after buying an additional 1,728 shares in the last quarter. 16.55% of the stock is currently owned by institutional investors and hedge funds.