David M. Polen
Polen Capital Management
Polen Capital Management Taiwan Semiconductor Manufacturing stake
total: 588
Polen Capital Management TSM trades
- Total transactions:
- 7
- New positions:
- 2
- Sold out:
- 1
- Added:
- 2
- Reduced:
- 2
- Held since:
- 2025 Q3
- Held for:
- 4 quarters
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, Polen Capital Management holds 501,210 Taiwan Semiconductor Manufacturing (TSM) shares with a market value of roughly $239.36M accounting for 2.06% of the overall portfolio. To date, the estimated cost basis is nearly $403.21 for "buy" trades and estimated average "sell" price is $337.95. Polen Capital Management first purchased TSM in 2023 Q3, initially acquiring 56,381 shares. Polen Capital Management later completely sold out the position and invested in Taiwan Semiconductor Manufacturing again in 2025 Q3. Since the initial investment in Taiwan Semiconductor Manufacturing (TSM), Polen Capital Management has made 6 more transactions.
When did Polen Capital Management buy Taiwan Semiconductor Manufacturing (TSM)?
Polen Capital Management first invested in Taiwan Semiconductor Manufacturing (TSM) in 2023 Q3 at the reported quarter-end price of $86.90 per share.
What's the cost basis of Polen Capital Management's TSM stake?
The estimated cost basis for Taiwan Semiconductor Manufacturing (TSM) stake is around $403.21 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $403.21
- Weighted AVG sell price:
- $337.95
Polen Capital Management's historical trades in Taiwan Semiconductor Manufacturing
7 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
2.06%
|
501,210
|
$477.57
|
$239,363,015
|
+186.92% (+326,524)
|
+1.34%
|
|
2026 Q1
|
0.41%
|
174,686
|
$337.95
|
$59,035,081
|
-12.92% (-25,907)
|
-0.04%
|
|
2025 Q4
|
0.26%
|
200,593
|
$303.89
|
$60,958,295
|
+13.29% (+23,534)
|
+0.03%
|
|
2025 Q3
|
0.16%
|
177,059
|
$279.29
|
$49,450,793
|
new
|
+0.16%
|
|
2024 Q1
|
0.00%
|
0
|
$104.00
|
|
-100% (-42,083)
|
-0.01%
|
|
2023 Q4
|
0.01%
|
42,083
|
$104.00
|
$4,376,632
|
-25.36% (-14,298)
|
-0%
|
|
2023 Q3
|
0.01%
|
56,381
|
$86.90
|
$4,899,509
|
new
|
+0.01%
|
* 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.