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Buffett Sells Entire TSMC Stake Over Taiwan Invasion Concerns

The move by Buffett’s Berkshire Hathaway was revealed in 13-F filings, which showed several other big funds had poured in millions in the Taiwanese chipmaker

A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in Hsinchu
TSMC is set to open its first plant in Japan after a major push into chipmaking abroad, as Taiwan faces increasing risks of a Chinese invasion. Photo: Reuters.


Billionaire investment mogul Warren Buffett has sold his entire remaining stake in Taiwan chipmaker TSMC, regulatory filings showed, days after saying he had reevaluated the risks of investing in Taiwan.

Buffett’s investment group Berkshire Hathaway shed its TSMC position just six months after revealing a $4.1 billion investment in the world’s largest contract chipmaker.

Berkshire first dumped 86.2% of that stake in February. The move surprised investors as it is rare for Buffett to quickly undo a multi-billion dollar stock investment.


Also on AF: Taiwan Invasion ‘Could Wipe Off up to $1 Trillion Per Year’


In April, Buffett revealed the decision to reduce the stake followed geopolitical tensions between the United States and China and a growing concern China might soon invade Taiwan or try to reclaim the island nation.

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.

Berkshire sold its remaining 8.9 million US-listed TSMC shares for around $700 million, Taiwan News reported.


Big funds pour in millions

Berkshire’s moves were revealed in the group’s 13-F filings on Monday, which disclose investment firms’ portfolios. These are closely watched for trends even though the data is released with a delay and can be dated.

Filings showed big investment firms including Macquarie, Fidelity, Tiger Global and Coatue were among the largest buyers of US listed shares of TSMC, in the first quarter.

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 TSMC 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.

US-listed shares of TSMC have gained nearly 14.5% this year.


  • Reuters, with additional editing by Vishakha Saxena


Also read:

Warren Buffett Says He Prefers Investing in Japan to Taiwan

China Preparing for War, Taiwan Foreign Minister Tells CNN

Taiwan ‘Should Destroy TSMC’ If China Invades: US Strategists

China’s Taiwan Threats Prompt Funds Strategy Rethink

Taiwan Will Not Let US Blow up TSMC if China Invades – TN



Vishakha Saxena

Vishakha Saxena is the Multimedia and Social Media Editor at Asia Financial. She has worked as a digital journalist since 2013, and is an experienced writer and multimedia producer. As a trader and investor, she is keenly interested in new economy, emerging markets and the intersections of finance and society. You can write to her at [email protected]


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