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Coronation Fund Managers Ltd. Lowers Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

News Snapshot:

Coronation Fund Managers Ltd. trimmed its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 26.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 722,464 shares of the semiconductor company’s stock after selling 261,010 shares during the period. Taiwan Semiconductor Manufacturing accounts for approximately 2.7% of Coronation Fund Managers Ltd.’s holdings, making the stock its 13th largest holding. Coronation Fund Managers Ltd.’s holdings in Taiwan Semiconductor Manufacturing were worth $86,811,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other hedge funds have also made changes to their positions in TSM….

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