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Lord Abbett & CO. LLC Has $42.01 Million Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) – American Banking News

News Snapshot:

Lord Abbett & CO. LLC decreased its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 2.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 376,229 shares of the semiconductor company’s stock after selling 9,425 shares during the period. Lord Abbett & CO. LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $42,007,000 at the end of the most recent quarter. A number of other institutional investors have also recently added to or reduced their stakes in the business. American National Bank bought…

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