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SoftBank Dumps 71.5% of Its TSMC Stake, Buys Into Capital One and Life360

SoftBank Dumps 71.5% of Its TSMC Stake, Buys Into Capital One and Life360
SoftBank's second-quarter SEC filing shows it sold off most of its Taiwan Semiconductor stake while opening new positions in Capital One and Life360. It's the same conglomerate that exited Nvidia entirely back in November 2025, so the semiconductor retreat is starting to look like a pattern, not a one-off.

SoftBank Group Corp. just told the SEC exactly what Masayoshi Son's fund has been up to with America's most important chipmaker. The answer: getting out.

According to Reuters, SoftBank's 13F filing for the quarter ended June 30 shows the firm sold 1.4 million shares of Taiwan Semiconductor Manufacturing, or 71.5% of its position, for $269.8 million. At the same time, SoftBank disclosed a brand-new stake in Capital One worth $55.5 million, covering 276,811 shares, plus a small $488,500 position in Life360, the GPS tracking app company.

These quarterly 13F filings are mandatory. Institutional investors, including wealth management entities, endowments, pension funds and hedge funds, are required to file a list of their holdings as of the end of each calendar quarter with the SEC. The lag matters. The trades reported today already happened weeks or months ago, and the filings themselves don't explain why SoftBank made the move.

The TSMC sale isn't happening in isolation. SoftBank had been building its Taiwan Semiconductor position through 2025 before pivoting to sell it down, and the retreat follows the conglomerate's full exit from Nvidia back in November 2025. Neither SoftBank nor TSMC has publicly commented on the rationale behind the latest sale, so for now the pattern speaks louder than any official explanation.

Sources used for this briefing

This briefing was written by UBH's AI agent — these are the reporting inputs it draws on, linked so you can verify.

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