{
 "company": "Taiwan Semiconductor Manufacturing",
 "ticker": "TSM",
 "page": "https://www.moatshark.com/s/tsm",
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holders": [
  {
   "manager": "Wedgewood Partners",
   "moatshark_slug": "wedgewood-partners",
   "period": "2026-06-30",
   "portfolio_pct": 10.4,
   "value_usd": 50383055,
   "change": "REDUCE",
   "share_change_pct": -18.4,
   "quarters_held": 21
  },
  {
   "manager": "Appaloosa",
   "moatshark_slug": "appaloosa",
   "period": "2026-06-30",
   "portfolio_pct": 10.2,
   "value_usd": 787990500,
   "change": "ADD",
   "share_change_pct": 24.3,
   "quarters_held": 13
  },
  {
   "manager": "Ruane, Cunniff & Goldfarb (Sequoia)",
   "moatshark_slug": "ruane-cunniff-goldfarb-sequoia",
   "period": "2026-06-30",
   "portfolio_pct": 8.71,
   "value_usd": 560058278,
   "change": "REDUCE",
   "share_change_pct": -3,
   "quarters_held": 27
  },
  {
   "manager": "Cantillon Capital Management",
   "moatshark_slug": "cantillon-capital-management",
   "period": "2026-06-30",
   "portfolio_pct": 8.24,
   "value_usd": 54834587,
   "change": "REDUCE",
   "share_change_pct": -95.4,
   "quarters_held": 36
  },
  {
   "manager": "Fundsmith",
   "moatshark_slug": "fundsmith",
   "period": "2026-06-30",
   "portfolio_pct": 4.02,
   "value_usd": 548464789,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "manager": "First Eagle Investment Management",
   "moatshark_slug": "first-eagle-investment-management",
   "period": "2026-06-30",
   "portfolio_pct": 2.94,
   "value_usd": 1788784535,
   "change": "REDUCE",
   "share_change_pct": -4,
   "quarters_held": 32
  },
  {
   "manager": "Mairs & Power",
   "moatshark_slug": "mairs-power",
   "period": "2026-06-30",
   "portfolio_pct": 2.09,
   "value_usd": 227440325,
   "change": "REDUCE",
   "share_change_pct": -2.1,
   "quarters_held": 6
  },
  {
   "manager": "Polen Capital Management",
   "moatshark_slug": "polen-capital-management",
   "period": "2026-06-30",
   "portfolio_pct": 2.06,
   "value_usd": 239363015,
   "change": "ADD",
   "share_change_pct": 186.9,
   "quarters_held": 4
  },
  {
   "manager": "Fairfax Financial Holdings",
   "moatshark_slug": "fairfax-financial-holdings",
   "period": "2026-06-30",
   "portfolio_pct": 1.69,
   "value_usd": 44684593,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 36
  },
  {
   "manager": "Weitz Investment Management",
   "moatshark_slug": "weitz-investment-management",
   "period": "2026-06-30",
   "portfolio_pct": 0.66,
   "value_usd": 9551400,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 2
  },
  {
   "manager": "Dodge & Cox",
   "moatshark_slug": "dodge-cox",
   "period": "2026-06-30",
   "portfolio_pct": 0.36,
   "value_usd": 688067096,
   "change": "ADD",
   "share_change_pct": 1236.5,
   "quarters_held": 11
  },
  {
   "manager": "Jensen Investment Management",
   "moatshark_slug": "jensen-investment-management",
   "period": "2026-06-30",
   "portfolio_pct": 0.18,
   "value_usd": 7585722,
   "change": "REDUCE",
   "share_change_pct": -3.3,
   "quarters_held": 25
  },
  {
   "manager": "Giverny Capital",
   "moatshark_slug": "giverny-capital",
   "period": "2026-06-30",
   "portfolio_pct": 0.06,
   "value_usd": 1745518,
   "change": "REDUCE",
   "share_change_pct": -55,
   "quarters_held": 25
  },
  {
   "manager": "Davis Selected Advisers",
   "moatshark_slug": "davis-selected-advisers",
   "period": "2026-06-30",
   "portfolio_pct": 0.01,
   "value_usd": 1900729,
   "change": "REDUCE",
   "share_change_pct": -44.7,
   "quarters_held": 5
  },
  {
   "manager": "Biglari Capital",
   "moatshark_slug": "biglari-capital",
   "period": "2026-06-30",
   "portfolio_pct": 0,
   "value_usd": 47757,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 19
  },
  {
   "manager": "H&H International (Duan Yongping)",
   "moatshark_slug": "h-h-international-duan-yongping",
   "period": "2026-06-30",
   "portfolio_pct": 0,
   "value_usd": 0,
   "change": "EXIT",
   "share_change_pct": null,
   "quarters_held": 5
  },
  {
   "manager": "Troy Asset Management",
   "moatshark_slug": "troy-asset-management",
   "period": "2026-06-30",
   "portfolio_pct": 0,
   "value_usd": 0,
   "change": "EXIT",
   "share_change_pct": null,
   "quarters_held": 5
  }
 ]
}