**Key Points on Institutional Investor Activity:**
On February 17, institutional investors submitted their Form 13F filings, revealing their trading activity for the fourth quarter of 2025. Notably, all but one member of the trillion-dollar club saw increased investments, with shares in Taiwan Semiconductor Manufacturing (TSMC) dropping by 2.8%, totaling approximately 789.6 million shares held. This decline contrasts with the overall trend for major firms like Nvidia and Berkshire Hathaway, which recorded increases in institutional ownership.
The reasons behind the sell-off of TSMC shares may include profit-taking, as the stock price surged from a range of $220-$240 to $290-$310 during the quarter. Additional factors such as President Trump’s tariff policies and ongoing trade uncertainties might have also influenced institutional investors’ decisions to reduce their holdings in TSMC.
