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Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Sold by Parsec Financial Management Inc.

News Snapshot:

Parsec Financial Management Inc. lowered its stake in shares of Taiwan Semiconductor Manufacturing Company Limited ( NYSE:TSM – Get Rating ) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 206,760 shares of the semiconductor company’s stock after selling 888 shares during the period. Parsec Financial Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $24,875,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TSM. Morgan Stanley boosted its stake…

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