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TB Capital Gestao de Recursos Ltda. Historic Quarter Change: Foreign Stocks, Reduced

TB Capital Gestao de Recursos Ltda. historic quarter change: Foreign Stocks, Reduced

In share positions in stocks (depositary receipts and foreign shares traded over the counter), over 4 quarters from 2025-06-30 to 2026-06-30, TB Capital Gestao de Recursos Ltda. opened 1 positions, added to 2, reduced 4 and sold out of 1.

  • Q2 2026: Stock TSM; Country of operation —; Class SPONSORED ADS; Shares before 18,829.
  • Q1 2026: Stock TSM; Country of operation —; Class SPONSORED ADS; Shares before 61,251.
  • Q4 2025: Stock TSM; Country of operation —; Class SPONSORED ADS; Shares before 82,585.
  • Q3 2025: Stock TSM; Country of operation —; Class SPONSORED ADS; Shares before 88,153.

Each consecutive pair of Form 13F-HR filings compared (SEC CIK 2077092), 4 quarters: Q2 2026 (2026-03-31 to 2026-06-30, filed 2026-08-14); Q1 2026 (2025-12-31 to 2026-03-31, filed 2026-05-15); Q4 2025 (2025-09-30 to 2025-12-31, filed 2026-02-17); Q3 2025 (2025-06-30 to 2025-09-30, filed 2025-11-14). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move. Only the filings held here are compared; the firm's 13F-HR filings go back to the quarter ended 2025-06-30.

QuarterStockCountry of operationClassShares beforeShares afterShare changeValue beforeValue afterValue changeFiled
Q2 2026TSM
TAIWAN SEMICONDUCTOR MFG LTD
SPONSORED ADS18,82911,138-7,691$6,363,261$5,319,175-$1,044,0862026-08-14
Q1 2026TSM
TAIWAN SEMICONDUCTOR MFG LTD
SPONSORED ADS61,25118,829-42,422$18,613,566$6,363,261-$12,250,3052026-05-15
Q4 2025TSM
TAIWAN SEMICONDUCTOR MFG LTD
SPONSORED ADS82,58561,251-21,334$23,065,165$18,613,566-$4,451,5992026-02-17
Q3 2025TSM
TAIWAN SEMICONDUCTOR MFG LTD
SPONSORED ADS88,15382,585-5,568$19,965,773$23,065,165+$3,099,3922025-11-14

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