Somerset Capital Management LLP trimmed its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 8.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 121,526 shares of the semiconductor company’s stock after selling 11,500 shares during the quarter. Taiwan Semiconductor Manufacturing makes up 1.4% of Somerset Capital Management LLP’s holdings, making the stock its 10th largest holding. Somerset Capital Management LLP’s holdings in Taiwan Semiconductor Manufacturing were worth $13,567,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds and other institutional investors also…