LGT Fund Management Co Ltd. cut its position in shares of Taiwan Semiconductor Manufacturing Company Limited ( NYSE:TSM – Get Rating ) by 4.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 40,300 shares of the semiconductor company’s stock after selling 2,000 shares during the quarter. LGT Fund Management Co Ltd.’s holdings in Taiwan Semiconductor Manufacturing were worth $4,142,000 as of its most recent SEC filing. A number of other hedge funds have also modified their holdings of TSM. Kempner Capital Management Inc. bought a new position in…