Frank Sands's TSM Position Overview
Frank Sands (via Sands Capital Management, LLC) currently holds 6.83 M shares of Taiwan Semiconductor Manufacturing Company Limited (TSM) worth $2.07 B, representing 6.31% of the portfolio. First purchased in 2015-Q3, this long-term strategic position has been held for 42 quarters.
Based on 13F filings since 2013, Frank Sands has maintained a long-term strategic position in TSM, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2025, adding 3.63 M shares. Largest reduction occurred in Q3 2022, reducing 2.78 M shares.
Analysis based on 13F filings available since 2013 Q2
Frank Sands's Taiwan Semiconductor Manufacturing Company Limited (TSM) Holding Value Over Time
Track share changes against reported price movement
Quarterly Taiwan Semiconductor Manufacturing Company Limited (TSM) Trades by Frank Sands
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -2.43 M | Reduce 26.22% | 6.83 M | $303.89 |
| Q3 2025 | +699,611 | Add 8.18% | 9.25 M | $279.29 |
| Q2 2025 | +524,960 | Add 6.54% | 8.55 M | $226.49 |
| Q1 2025 | +3.63 M | Add 82.40% | 8.03 M | $166.00 |
| Q4 2024 | -282,600 | Reduce 6.03% | 4.4 M | $197.49 |
| Q3 2024 | -95,731 | Reduce 2.00% | 4.68 M | $173.67 |
| Q2 2024 | -438,641 | Reduce 8.41% | 4.78 M | $173.81 |
| Q1 2024 | -373,664 | Reduce 6.68% | 5.22 M | $136.05 |
| Q4 2023 | -91,357 | Reduce 1.61% | 5.59 M | $104.00 |
| Q3 2023 | -133,179 | Reduce 2.29% | 5.68 M | $86.90 |
| Q2 2023 | -10,743 | Reduce 0.18% | 5.82 M | $100.92 |
| Q1 2023 | -64,164 | Reduce 1.09% | 5.83 M | $93.02 |
| Q4 2022 | -357,925 | Reduce 5.73% | 5.89 M | $0.07 |
| Q3 2022 | -2.78 M | Reduce 30.79% | 6.25 M | $68.56 |
| Q2 2022 | -182,252 | Reduce 1.98% | 9.03 M | $81.75 |
| Q1 2022 | -641,775 | Reduce 6.51% | 9.21 M | $104.26 |
| Q4 2021 | -286,109 | Reduce 2.82% | 9.85 M | $120.31 |
| Q3 2021 | +249,812 | Add 2.53% | 10.14 M | $111.65 |
| Q2 2021 | +591,739 | Add 6.36% | 9.89 M | $120.16 |
| Q1 2021 | +2.05 M | Add 28.28% | 9.3 M | $118.28 |
| Q4 2020 | +443,098 | Add 6.51% | 7.25 M | $109.04 |
| Q3 2020 | +1.59 M | Add 30.55% | 6.8 M | $81.07 |
| Q2 2020 | +179,042 | Add 3.56% | 5.21 M | $56.77 |
| Q1 2020 | +141,763 | Add 2.90% | 5.03 M | $47.79 |
| Q4 2019 | +601,770 | Add 14.03% | 4.89 M | $58.10 |
| Q3 2019 | +787,003 | Add 22.47% | 4.29 M | $46.48 |
| Q2 2019 | +395,565 | Add 12.73% | 3.5 M | $39.17 |
| Q1 2019 | -6,945 | Reduce 0.22% | 3.11 M | $40.96 |
| Q4 2018 | +323,851 | Add 11.61% | 3.11 M | $36.91 |
| Q3 2018 | +324,585 | Add 13.17% | 2.79 M | $44.16 |
| Q2 2018 | +57,275 | Add 2.38% | 2.47 M | $36.56 |
| Q1 2018 | +155,131 | Add 6.89% | 2.41 M | $43.76 |
| Q4 2017 | +288,440 | Add 14.68% | 2.25 M | $39.65 |
| Q3 2017 | +318,775 | Add 19.37% | 1.96 M | $37.55 |
| Q2 2017 | -36,325 | Reduce 2.16% | 1.65 M | $34.96 |
| Q1 2017 | +92,396 | Add 5.81% | 1.68 M | $32.84 |
| Q4 2016 | +23,500 | Add 1.50% | 1.59 M | $28.75 |
| Q3 2016 | +60,445 | Add 4.01% | 1.57 M | $30.59 |
| Q2 2016 | +142,082 | Add 10.42% | 1.51 M | $26.23 |
| Q1 2016 | +290,465 | Add 27.07% | 1.36 M | $26.20 |
| Q4 2015 | +914,180 | Add 574.96% | 1.07 M | $22.75 |
| Q3 2015 | +159,000 | New Buy | 159,000 | $20.75 |
Frank Sands's Taiwan Semiconductor Manufacturing Company Limited Investment FAQs
Frank Sands first purchased Taiwan Semiconductor Manufacturing Company Limited (TSM) in Q3 2015, acquiring 159,000 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Frank Sands has held Taiwan Semiconductor Manufacturing Company Limited (TSM) for 42 quarters since Q3 2015.
Frank Sands's largest addition to Taiwan Semiconductor Manufacturing Company Limited (TSM) was in Q1 2025, adding 8,027,318 shares worth $1.33 B.
According to the latest 13F filing for Q4 2025, Frank Sands's firm, Sands Capital Management, LLC, owns 6,826,175 shares of Taiwan Semiconductor Manufacturing Company Limited (TSM), valued at approximately $2.07 B.
As of the Q4 2025 filing, Taiwan Semiconductor Manufacturing Company Limited (TSM) represents approximately 6.31% of Frank Sands's publicly disclosed stock portfolio, making it one of their key holdings.
Frank Sands's peak holding in Taiwan Semiconductor Manufacturing Company Limited (TSM) was 10,138,793 shares, as reported at the end of Q3 2021.