In a quarterly disclosure filed on August 14, 2026, Andreas Halvorsen's Viking Global Investors revealed it had reduced its position in Taiwan Semiconductor Manufacturing (TSM) by 29.05% during the second quarter. The filing, which reflects holdings as of June 30, 2026, showed a decrease from 4.47 million to 3.17 million shares. These 13F filings are delayed, offering a look back at portfolio changes that occurred between one and a half to four and a half months prior.
Despite the significant share reduction, the reported value of Viking's stake remained unchanged at $1.51 billion, suggesting the sales occurred during a period of strong price appreciation for the chipmaker. The trade came as TSMC reported robust quarterly results and raised its full-year growth outlook, citing powerful demand for its advanced chips driven by the AI sector. [2, 3] Consequently, TSMC's weight in Viking's portfolio saw a slight increase from 4.22% to 4.31%.