SEC 13F Intelligence

Managers / Q4 2019 · view latest →

Nan Shan Life Insurance Co., Ltd.

CIK 0001730464 · NO. 168 ZHUANG JING ROAD, XINYI DISTRICT, TAIPEI CITY, 11049 · 886-2-8758-8888

Reported Value
$3.2B
Q4 2019
Positions
91
Filings on Record
30
2019–present window
Filed
Feb 13, 2020
original filing

Summary

Nan Shan Life Insurance Co., Ltd. reported $3.2B in U.S.-listed holdings across 91 positions for Q4 2019.

Its largest position, RITM, represents 10.2% of the portfolio.

Compared with Q3 2019, the fund opened 19 new positions and exited 15.

Portfolio Metrics

Turnover
+19.4%
vs prior filed quarter
Top-10 Concentration
+47.7%
share of reported value
Largest Position
+10.2%
New Residential Invt
New / Exited
19 / 15
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $4.2BQ4 ’18Q1 ’19: $5.1BQ2 ’19: $3.9BQ3 ’19: $3.6BQ4 ’19: $3.2BQ4 ’19Q1 ’20: $2.7BQ2 ’20: $3.3BQ3 ’20: $3.8BQ4 ’20: $4.8BQ4 ’20Q1 ’21: $5.1BQ2 ’21: $5.9BQ3 ’21: $6.0BQ4 ’21: $6.6BQ4 ’21Q1 ’22: $5.7BQ2 ’22: $4.8BQ3 ’22: $4.1BQ4 ’22: $3.7BQ4 ’22Q1 ’23: $4.2BQ2 ’23: $4.1BQ3 ’23: $3.7BQ4 ’23: $4.1BQ4 ’23Q1 ’24: $4.3BQ2 ’24: $4.2BQ3 ’24: $4.2BQ4 ’24: $4.2BQ4 ’24Q1 ’25: $4.2BQ2 ’25: $4.5BQ3 ’25: $4.7BQ4 ’25: $3.3BQ4 ’25Q1 ’26: $2.8Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 45.0%REIT: 26.3%ETP: 23.6%ADR: 3.2%Other: 1.9%
  • Common Stock · 45.0% · $1.4B
  • REIT · 26.3% · $843M
  • ETP · 23.6% · $758M
  • ADR · 3.2% · $104M
  • Other · 1.9% · $62M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UNPUNION PACIFIC CORPNEW+248.4K248.4K+$45M$45M
CATCATERPILLAR INC DELNEW+285.0K285.0K+$42M$42M
AAPLAPPLE INCNEW+112.4K112.4K+$33M$33M
MUMICRON TECHNOLOGY INCNEW+588.1K588.1K+$32M$32M
ISRGINTUITIVE SURGICAL INCNEW+41.7K41.7K+$25M$25M
BACBANK AMER CORPNEW+667.0K667.0K+$23M$23M
BABAALIBABA GROUP HLDG LTD SPONSOREDNEW+70.7K70.7K+$15M$15M
GILDGILEAD SCIENCES INCNEW+160.0K160.0K+$10M$10M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1RITMNEW RESIDENTIAL INVT CORPhistory →COM NEW10.20%$327M20.32M
2SPDR SERIES TRUSTBLMBRG BRC CNVRT · BLOOMBERG BRCLYS9.45%$303M4.22M
3ISHARES TRIBOXX HI YD ETF · MORTGE REL ETF8.04%$258M3.26M
4AGNCAGNC INVT CORPhistory →COM6.51%$209M11.82M
5AMZNAMAZON COM INChistory →COM3.62%$116M63.0K
6PYPLPAYPAL HLDGS INChistory →COM2.92%$94M866.6K
7INVESCO EXCHNG TRADED FD TRSR LN ETF2.67%$86M3.76M
8MAMASTERCARD INChistory →CL A2.62%$84M281.6K
9TWO HBRS INVT CORPCOM NEW2.57%$83M5.65M
10ILMNILLUMINA INChistory →COM2.35%$75M227.5K
11VVISA INChistory →COM CL A2.28%$73M390.3K
12KREFKKR REAL ESTATE FIN TR INChistory →COM2.23%$71M3.50M
13ONON SEMICONDUCTOR CORPhistory →COM2.16%$69M2.84M
14TRTXTPG RE FIN TR INChistory →COM2.14%$69M3.38M
15KMIKINDER MORGAN INC DELhistory →COM1.90%$61M2.89M
16BMYBRISTOL MYERS SQUIBB COhistory →COM1.79%$57M893.1K
17EOGEOG RES INChistory →COM1.62%$52M622.8K
18NOWSERVICENOW INChistory →COM1.56%$50M177.3K
19NVDANVIDIA CORPhistory →COM1.55%$50M211.3K
20MFA FINL INCCOM1.40%$45M5.88M
21UNPUNION PACIFIC CORPhistory →COM1.40%$45M248.4K
22RDS/AUSDROYAL DUTCH SHELL PLChistory →SPONS ADR A1.40%$45M760.0K
23CATCATERPILLAR INC DELhistory →COM1.31%$42M285.0K
24BPBP PLChistory →SPONSORED ADR1.29%$42M1.10M
25CSCOCISCO SYS INChistory →COM1.19%$38M794.6K
26PGPROCTER AND GAMBLE COhistory →COM1.17%$37M300.0K
27IQVIQVIA HLDGS INChistory →COM1.16%$37M242.0K
28BACVERIZON COMMUNICATIONS INChistory →COM1.13%$36M590.7K
29AAPLAPPLE INChistory →COM1.03%$33M112.4K
30MUMICRON TECHNOLOGY INChistory →COM0.98%$32M588.1K
31UNHUNITEDHEALTH GROUP INChistory →COM0.93%$30M101.4K
32XYZSQUARE INChistory →CL A0.86%$28M442.3K
33PE1EURPARSLEY ENERGY INChistory →CL A0.86%$28M1.46M
34CREE INCCOM0.81%$26M565.4K
35COSTCOSTCO WHSL CORP NEWhistory →COM0.77%$25M84.6K
36ISRGINTUITIVE SURGICAL INChistory →COM NEW0.77%$25M41.7K
37BACBANK AMER CORPhistory →COM0.73%$23M667.0K
38CMECME GROUP INChistory →COM0.64%$21M103.0K
39SPOTIFY TECHNOLOGY S ASHS0.61%$20M131.4K
40AMTAMERICAN TOWER CORP NEWhistory →COM0.59%$19M83.0K
41CRMSALESFORCE COM INChistory →COM0.59%$19M116.0K
42ISHARES INCCORE MSCI EMKT0.59%$19M350.6K
43ATVIEURACTIVISION BLIZZARD INChistory →COM0.50%$16M271.1K
44BABAALIBABA GROUP HLDG LTD SPONSOREDhistory →ADS0.47%$15M70.7K
45MSFTMICROSOFT CORPhistory →COM0.46%$15M94.3K
46GLOBAL X FDSRBTCS ARTFL INTE0.45%$14M662.8K
47NKENIKE INChistory →CL B0.44%$14M138.9K
48XLNXEURXILINX INChistory →COM0.42%$14M138.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.8B87May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.3B82Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$4.7B103Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$4.5B116Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.2B112May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.2B111Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$4.2B98Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$4.2B104Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.3B104May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.1B94Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.7B94Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$4.1B92Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$4.2B95May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$3.7B90Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$4.1B89Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$4.8B90Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$5.7B86May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$6.6B99Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$6.0B100Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$5.9B107Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$5.1B120May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$4.8B118Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.8B105Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$3.3B104Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.7B94May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.2B91Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.6B87Nov 6, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.9B92Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$5.1B104May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$4.2B105Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.