By Carolina Mandl
SAO PAULO, May 15 (Reuters) - Big investment firms
including Macquarie Group Ltd , Fidelity and hedge funds
Tiger Global Management and Coatue Management LLC were among the
largest buyers of U.S. listed shares of Taiwanese contract
chipmaker TSMC , in the first quarter,
according to regulatory filings.
Their moves come roughly three months after Warren Buffett's
Berkshire Hathaway unveiled it cut its position in
Taiwan Semiconductor Manufacturing Co Ltd last year.
During Berkshire's annual meeting earlier this month,
Buffett said TSMC is a "marvelous company," but he feels more
comfortable with investing in Japan than Taiwan, reflecting the
growing tensions between the United States and China.
The so-called 13-F filings, which disclose investment firms'
portfolios, are closely watched for trends even though the data
is released with a delay and can be dated.
Macquarie added roughly 78 million new American Depositary
Shares (ADRs) of TSMC to an existing position, and ended March
with $7.3 billion in the company. Fidelity bought 14.1 million
new shares, increasing its bet on the company to nearly $4
billion.
Coatue, founded by Philippe Laffont, built a new position
in the chipmaker as it bought 5.9 million shares, worth $548.9
million. Tiger acquired $147.8 million in shares.
U.S.-listed shares of TSMC jumped nearly 14.5% this year.
(Reporting by Carolina Mandl, in Sao Paulo; Editing by Ira
Iosebashvili and Anna Driver)
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