Daniel Loeb
Third Point
Daniel Loeb Taiwan Semiconductor Manufacturing stake
total: 588
Third Point TSM trades
- Total transactions:
- 10
- New positions:
- 1
- Added:
- 2
- Reduced:
- 7
- Held since:
- 2023 Q2
- Held for:
- 13 quarters
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, Daniel Loeb holds 460,000 Taiwan Semiconductor Manufacturing (TSM) shares with a market value of roughly $219.68M accounting for 4.72% of the overall portfolio. To date, the estimated cost basis is nearly $138.69 for "buy" trades and estimated average "sell" price is $195.33. Third Point first purchased TSM in 2023 Q2, initially acquiring about 2.45M shares. Since the initial investment in Taiwan Semiconductor Manufacturing (TSM), Third Point has made 9 more transactions.
When did Daniel Loeb buy Taiwan Semiconductor Manufacturing (TSM)?
Daniel Loeb first invested in Taiwan Semiconductor Manufacturing (TSM) in 2023 Q2 at the reported quarter-end price of $100.92 per share.
What's the cost basis of Third Point's TSM stake?
The estimated cost basis for Taiwan Semiconductor Manufacturing (TSM) stake is around $138.69 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $138.69
- Weighted AVG sell price:
- $195.33
Daniel Loeb's historical trades in Taiwan Semiconductor Manufacturing
10 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
4.72%
|
460,000
|
$477.57
|
$219,682,200
|
+67.27% (+185,000)
|
+1.9%
|
|
2026 Q1
|
4.46%
|
275,000
|
$337.95
|
$92,936,250
|
-35.29% (-150,000)
|
-0.7%
|
|
2025 Q4
|
1.78%
|
425,000
|
$303.89
|
$129,153,250
|
-61.36% (-675,000)
|
-2.45%
|
|
2025 Q3
|
3.67%
|
1,100,000
|
$279.29
|
$307,219,000
|
-23.08% (-330,000)
|
-1.21%
|
|
2025 Q2
|
4.25%
|
1,430,000
|
$226.49
|
$323,880,700
|
-19.66% (-350,000)
|
-1.25%
|
|
2024 Q3
|
4.16%
|
1,780,000
|
$173.67
|
$309,132,600
|
-12.10% (-245,000)
|
-0.49%
|
|
2024 Q2
|
4.03%
|
2,025,000
|
$173.81
|
$351,965,250
|
+72.34% (+850,000)
|
+1.69%
|
|
2023 Q4
|
1.84%
|
1,175,000
|
$104.00
|
$122,200,000
|
-33.80% (-600,000)
|
-0.95%
|
|
2023 Q3
|
2.36%
|
1,775,000
|
$86.90
|
$154,247,500
|
-27.55% (-675,000)
|
-0.86%
|
|
2023 Q2
|
3.62%
|
2,450,000
|
$100.92
|
$247,254,000
|
new
|
+3.62%
|
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.