News Snapshot:
Waverton Investment Management Ltd trimmed its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 11.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 251,756 shares of the semiconductor company’s stock after selling 31,999 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 1.3% of Waverton Investment Management Ltd’s portfolio, making the stock its 22nd largest position. Waverton Investment Management Ltd’s holdings in Taiwan Semiconductor Manufacturing were worth $29,778,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors...
