Long-Only Funds Shift to Non-US Stocks, TSMC (TSM) Stays at the Top

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the 10 Best AI Stocks to Buy for the Next 10 Years. On March 19, BofA said in a note that long-only investors made a strong shift toward non-US stocks in February. Quant strategist Nigel Tupper said that “long-only funds globally bought non-US stocks but sold US stocks,” showing a clear difference in how investors are positioned themselves across regions. BofA highlighted that the most widely held stock by long-only funds is Taiwan Se ...