TSMC Shareholder Structure Changes: New Labor Pension Fund Reduces Holdings by 40,000 Shares

According to TSMC (2330) latest 2024 annual shareholder report, there has been a significant change in its shareholder structure. The recently ranked fifth New Labor Pension Fund significantly reduced its holdings by nearly 40,000 shares over the past year, dropping to 302,000 shares and falling to the seventh largest shareholder. At the same time, Fubon Life, previously the tenth largest shareholder, has disappeared from the list of the top ten shareholders.
As of December 18, 2023, the Citibank-held American Depository Receipts (ADR) account of TSMC holds over 5.31 million shares, remaining the largest shareholder with a stake of 20.49%. The National Development Fund is the second largest shareholder, holding 1.65 million shares with a stable proportion of 6.38%. The third and fourth largest shareholders are the Singapore government and Norway's sovereign fund. The Singapore government has approximately 682,000 shares, down by 134,000 shares from the previous year, while Norway's sovereign fund increased its holdings by 20,000 shares to 461,000 shares.
Notably, the New Labor Pension Fund managed by the Labor Fund Utilization Bureau held approximately 340,000 shares in the 2023 annual report. However, the latest data shows that its holdings have been reduced to 302,000 shares, dropping to the seventh position, which has sparked discussions among netizens, with many praising the pension fund's operations as being responsible for taxpayers.