Lone Pine Capital: Portfolio, Team, AUM: Top 5 Stock Picks

3. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Lone Pine Capital’s Q1 2023 Investment: $761 million

Share Price Gain Since March: 11.7%

The Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the biggest chip making companies in the world. Despite the ongoing downturn in the semiconductor industry, its shares have gained 40% year to date on the back of the firm’s importance in the artificial intelligence ecosystem.

Insider Monkey took a look at 943 hedge funds for their first quarter of 2023 shareholdings to discover that 102 had owned a stake in the chip maker. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s largest investor in our database is Ken Fisher’s Fisher Asset Management with a $2.3 billion investment, while Stephen Mandel’s Lone Pine Capital owns 8.1 million shares worth $761 million.

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