During Berkshire's annual meeting earlier this month,
Buffett said TSMC is a "marvelous company," but that he felt
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 Management, founded by Philippe Laffont, built a new
position in the chipmaker as it bought 5.9 million shares, worth
$548.9 million. Tiger Global Management acquired $147.8 million
in shares.
U.S.-listed shares of TSMC have gained nearly 14.5% this
year.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Berkshire invests in Capital One, sheds four stocks ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
(Reporting by Carolina Mandl in Sao Paulo; Editing by Ira
Iosebashvili, Anna Driver and Matthew Lewis)
(Recasts first sentence with Buffett's company selling its
remaining stake in TSMC)
By Carolina Mandl
May 15 (Reuters) - Big investment firms including
Macquarie , Fidelity, Tiger Global and Coatue were
among the largest buyers of U.S. listed shares of Taiwanese
contract chipmaker TSMC in the first quarter,
while Warren Buffett's Berkshire Hathaway sold its
remaining stake in the company, according to regulatory filings.
Berkshire said in February it had reduced its position in
Taiwan Semiconductor Manufacturing Co Ltd . On Monday,
the company said it shed its remaining stake.
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