Billionaire Cliff Asness’ Top 5 Dividend Stocks

3. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

AQR Capital Management’s Stake Value as of 9/30: $492,567,000

Percentage of AQR Capital Management’s 13F Portfolio as of 9/30: 1.2%

Dividend Yield as of 11/17: 2.3%

With AQR Capital Management’s position of over $492 million at the end of September, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ranks #3 on our list of Billionaire Cliff Asness’ Top 10Dividend Stocks. While it faces geopolitical risk if tensions between China and the United States rise, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the leader in making crucial semiconductors that power many of today’s most advanced devices. As a result, Warren Buffett’s Berkshire Hathaway recently disclosed a $4.1 billion position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) at the end of Q3 too.