David Tepper
Appaloosa Management
David Tepper Taiwan Semiconductor Manufacturing stake
total: 315
Appaloosa Management TSM trades
- Total transactions:
- 11
- New positions:
- 1
- Added:
- 5
- Reduced:
- 5
- Held since:
- 2023 Q2
- Held for:
- 12 quarters
- Latest activity:
- 2026 Q1
According to 2026 Q1 report, David Tepper holds 1,327,500 Taiwan Semiconductor Manufacturing (TSM) shares with a market value of roughly $448.63M accounting for 7.56% of the overall portfolio. To date, the estimated cost basis is nearly $158.19 for "buy" trades and estimated average "sell" price is $109.08. Appaloosa Management first purchased TSM in 2023 Q2, initially acquiring about 1.78M shares. Since the initial investment in Taiwan Semiconductor Manufacturing (TSM), Appaloosa Management has made 10 more transactions.
When did David Tepper buy Taiwan Semiconductor Manufacturing (TSM)?
David Tepper 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 Appaloosa Management's TSM stake?
The estimated cost basis for Taiwan Semiconductor Manufacturing (TSM) stake is around $158.19 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $158.19
- Weighted AVG sell price:
- $109.08
David Tepper's historical trades in Taiwan Semiconductor Manufacturing
11 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q1
|
7.56%
|
1,327,500
|
$337.95
|
$448,628,625
|
+17.48% (+197,500)
|
+1.12%
|
|
2025 Q4
|
5.01%
|
1,130,000
|
$303.89
|
$343,395,700
|
+6.60% (+70,000)
|
+0.31%
|
|
2025 Q3
|
4.01%
|
1,060,000
|
$279.29
|
$296,047,400
|
+3.41% (+35,000)
|
+0.13%
|
|
2025 Q2
|
3.60%
|
1,025,000
|
$226.49
|
$232,152,250
|
+279.63% (+755,000)
|
+2.65%
|
|
2025 Q1
|
0.81%
|
270,000
|
$166.00
|
$44,820,000
|
+8.00% (+20,000)
|
+0.06%
|
|
2024 Q4
|
0.76%
|
250,000
|
$197.49
|
$49,372,500
|
-37.50% (-150,000)
|
-0.44%
|
|
2024 Q3
|
1.03%
|
400,000
|
$173.67
|
$69,468,000
|
-13.04% (-60,000)
|
-0.17%
|
|
2024 Q2
|
1.29%
|
460,000
|
$173.81
|
$79,952,600
|
-8.00% (-40,000)
|
-0.1%
|
|
2023 Q4
|
0.92%
|
500,000
|
$104.00
|
$52,000,000
|
-50.00% (-500,000)
|
-1.03%
|
|
2023 Q3
|
1.72%
|
1,000,000
|
$86.90
|
$86,900,000
|
-43.66% (-775,000)
|
-1.25%
|
|
2023 Q2
|
3.32%
|
$100.92
|
new
|
|||
* 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.