Covington Investment Advisors Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 1.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 48,912 shares of the semiconductor company’s stock after acquiring an additional 669 shares during the quarter. Covington Investment Advisors Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $5,877,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth approximately $25,000….