SEC 13F Intelligence

Managers / Q2 2025 · 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
$4.5B
Q2 2025
Positions
116
Filings on Record
30
2019–present window
Filed
Aug 14, 2025
original filing

Summary

Nan Shan Life Insurance Co., Ltd. reported $4.5B in U.S.-listed holdings across 116 positions for Q2 2025.

Its largest position, TLT, represents 13.6% of the portfolio.

Compared with Q1 2025, the fund opened 8 new positions and exited 4.

Portfolio Metrics

Turnover
+10.1%
vs prior filed quarter
Top-10 Concentration
+43.8%
share of reported value
Largest Position
+13.6%
Ishares Tr
New / Exited
8 / 4
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: 57.0%ETP: 32.6%REIT: 9.3%ADR: 0.9%Closed-End Fund: 0.2%
  • Common Stock · 57.0% · $2.6B
  • ETP · 32.6% · $1.5B
  • REIT · 9.3% · $417M
  • ADR · 0.9% · $40M
  • Closed-End Fund · 0.2% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UBERUBER TECHNOLOGIES INCNEW+561.4K561.4K+$52M$52M
HACKAMPLIFY ETF TRNEW+219.3K219.3K+$19M$19M
GILDGILEAD SCIENCES INCNEW+158.0K158.0K+$18M$18M
EQREQUITY RESIDENTIALNEW+210.4K210.4K+$14M$14M
AVBAVALONBAY CMNTYS INCNEW+37.2K37.2K+$8M$8M
REGREGENCY CTRS CORPNEW+75.7K75.7K+$5M$5M
MCHIISHARES TRNEW+61.0K61.0K+$3M$3M
GDXVANECK ETF TRUSTNEW+55.0K55.0K+$3M$3M

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

Holdings — Q2 2025

99 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TLTISHARES TR20 YR TR BD ETF · IBOXX HI YD ETF · EXPANDED TECH · CORE S&P SCP ETF · MSCI USA VALUE · MSCI USA QLT FCT · 10-20 YR TRS ETF · MSCI CHINA ETF · U.S. MED DVC ETF13.64%$613M6.70M
2SPTLSPDR SERIES TRUSTPORTFOLIO LN TSR · S&P DIVID ETF · BLOOMBERG HIGH Y · S&P BIOTECH · S&P REGL BKG8.09%$364M11.62M
3VGLTVANGUARD SCOTTSDALE FDShistory →LONG TERM TREAS3.82%$172M3.06M
4AAPLAPPLE INChistory →COM3.05%$137M668.5K
5VZVERIZON COMMUNICATIONS INChistory →COM2.80%$126M2.91M
6QCOMQUALCOMM INChistory →COM2.67%$120M753.7K
7GOOGLALPHABET INChistory →CAP STK CL A2.59%$116M660.6K
8OREALTY INCOME CORPhistory →COM2.43%$109M1.90M
9AMZNAMAZON COM INChistory →COM2.36%$106M484.5K
10XLKSELECT SECTOR SPDR TRTECHNOLOGY · FINANCIAL · SBI HEALTHCARE2.34%$105M1.02M
11VVISA INChistory →COM CL A2.14%$96M271.1K
12COSTCOSTCO WHSL CORP NEWhistory →COM2.12%$95M96.4K
13ISRGINTUITIVE SURGICAL INChistory →COM NEW1.76%$79M146.1K
14DISDISNEY WALT COhistory →COM1.74%$78M630.6K
15NFLXNETFLIX INChistory →COM1.68%$75M56.3K
16MSFTMICROSOFT CORPhistory →COM1.60%$72M144.8K
17FCXFREEPORT-MCMORAN INChistory →CL B1.58%$71M1.64M
18BACBANK AMERICA CORPhistory →COM1.56%$70M1.48M
19PLDPROLOGIS INC.history →COM1.47%$66M626.9K
20AMDADVANCED MICRO DEVICES INChistory →COM1.18%$53M372.8K
21AVGOBROADCOM INChistory →COM1.17%$53M190.8K
22UBERUBER TECHNOLOGIES INChistory →COM1.16%$52M561.4K
23SNPSSYNOPSYS INChistory →COM1.12%$50M98.3K
24NKENIKE INChistory →CL B1.09%$49M691.3K
25ADIANALOG DEVICES INChistory →COM1.09%$49M206.3K
26RITMRITHM CAPITAL CORPhistory →COM NEW1.08%$49M4.31M
27APTVAPTIV PLChistory →COM SHS1.04%$47M688.7K
28BMYBRISTOL-MYERS SQUIBB COhistory →COM0.97%$44M941.5K
29EWEDWARDS LIFESCIENCES CORPhistory →COM0.96%$43M552.2K
30PFEPFIZER INChistory →COM0.95%$43M1.77M
31WMTWALMART INChistory →COM0.95%$43M437.8K
32CMECME GROUP INChistory →COM0.91%$41M149.0K
33NOWSERVICENOW INChistory →COM0.86%$39M37.5K
34CRMSALESFORCE INChistory →COM0.85%$38M140.3K
35XYZBLOCK INChistory →CL A0.84%$38M556.2K
36UNHUNITEDHEALTH GROUP INChistory →COM0.84%$38M120.9K
37BPBP PLChistory →SPONSORED ADR0.83%$37M1.24M
38JNJJOHNSON & JOHNSONhistory →COM0.81%$36M238.8K
39AMATAPPLIED MATLS INChistory →COM0.78%$35M191.9K
40SPGIS&P GLOBAL INChistory →COM0.78%$35M66.1K
41EWJISHARES INCMSCI JPN ETF NEW · MSCI EURZONE ETF0.72%$32M484.8K
42EXREXTRA SPACE STORAGE INChistory →COM0.72%$32M218.6K
43PYPLPAYPAL HLDGS INChistory →COM0.72%$32M433.0K
44VOOVANGUARD INDEX FDShistory →S&P 500 ETF SHS0.71%$32M56.2K
45ADBEADOBE INChistory →COM0.70%$32M81.8K
46NVDANVIDIA CORPORATIONhistory →COM0.69%$31M197.3K
47INTCINTEL CORPhistory →COM0.68%$30M1.36M
48QQQINVESCO QQQ TRhistory →UNIT SER 10.65%$29M53.4K
49LLYELI LILLY & COhistory →COM0.64%$29M36.7K
50CVSCVS HEALTH CORPhistory →COM0.63%$28M411.2K
51PGPROCTER AND GAMBLE COhistory →COM0.62%$28M174.4K
52VPUVANGUARD WORLD FDUTILITIES ETF · COMM SRVC ETF0.62%$28M158.9K
53VLOVALERO ENERGY CORPhistory →COM0.60%$27M200.5K
54KREFKKR REAL ESTATE FIN TR INChistory →COM0.60%$27M3.06M
55RSPINVESCO EXCHANGE TRADED FD Thistory →S&P500 EQL WGT0.56%$25M139.6K
56MUMICRON TECHNOLOGY INChistory →COM0.54%$24M196.6K
57WSTWEST PHARMACEUTICAL SVSC INChistory →COM0.54%$24M110.3K
58TRTXTPG RE FIN TR INChistory →COM0.48%$22M2.82M
59AMTAMERICAN TOWER CORP NEWhistory →COM0.47%$21M95.8K
60EXMOCEXXON MOBIL CORPhistory →COM0.46%$21M193.7K
61SMHVANECK ETF TRUSTSEMICONDUCTR ETF · GOLD MINERS ETF0.46%$21M118.9K
62MAMASTERCARD INCORPORATEDhistory →CL A0.43%$19M34.7K
63ONON SEMICONDUCTOR CORPhistory →COM0.42%$19M362.5K
64MRVLMARVELL TECHNOLOGY INChistory →COM0.42%$19M244.9K
65HACKAMPLIFY ETF TRhistory →AMPLIFY CYBERSEC0.42%$19M219.3K
66REXRREXFORD INDL RLTY INChistory →COM0.41%$18M517.6K
67ASMLFASML HOLDING N Vhistory →N Y REGISTRY SHS0.40%$18M22.5K
68PSAPUBLIC STORAGE OPER COhistory →COM0.40%$18M61.5K
69TXNTEXAS INSTRS INChistory →COM0.39%$18M84.5K
70GILDGILEAD SCIENCES INChistory →COM0.39%$18M158.0K
71TJXTJX COS INC NEWhistory →COM0.35%$16M127.9K
72KMIKINDER MORGAN INC DELhistory →COM0.34%$15M513.0K
73EQREQUITY RESIDENTIALhistory →SH BEN INT0.32%$14M210.4K
74COLDAMERICOLD REALTY TRUST INChistory →COM0.28%$13M760.7K
75VIGIVANGUARD WHITEHALL FDShistory →INTL DVD ETF0.27%$12M137.2K
76HSTHOST HOTELS & RESORTS INChistory →COM0.27%$12M791.1K
77CATCATERPILLAR INChistory →COM0.23%$11M27.1K
78RACEFERRARI N Vhistory →COM0.23%$10M20.7K
79QQQXNUVEEN NASDAQ 100 DYNAMIC OVCOM SHS0.18%$8M301.1K
80AVBAVALONBAY CMNTYS INCCOM0.17%$8M37.2K
81KBWBINVESCO EXCH TRADED FD TR IIKBW BK ETF0.16%$7M99.7K
82SLBSCHLUMBERGER LTDCOM STK0.13%$6M171.0K
83REGREGENCY CTRS CORPCOM0.12%$5M75.7K
84GRIDFIRST TR EXCHANGE TRADED FDNASDQ CLN EDGE0.09%$4M30.0K
85YUMCYUM CHINA HLDGS INCCOM0.09%$4M85.4K
86BOTZGLOBAL X FDSRBTCS ARTFL INTE0.08%$4M110.0K
87ILMNILLUMINA INCCOM0.08%$4M37.6K
88TSLATESLA INCCOM0.08%$3M10.9K
89SHELSHELL PLCSPON ADS0.06%$3M36.9K
90DLRDIGITAL RLTY TR INCCOM0.06%$3M14.6K
91CDNSCADENCE DESIGN SYSTEM INCCOM0.04%$2M6.3K
92SWKSSKYWORKS SOLUTIONS INCCOM0.04%$2M25.6K
93ELLAUDER ESTEE COS INCCL A0.04%$2M23.6K
94METAMETA PLATFORMS INCCL A0.03%$1M2.0K
95TMOTHERMO FISHER SCIENTIFIC INCCOM0.02%$1M2.7K
96IQVIQVIA HLDGS INCCOM0.02%$836,8035.3K
97MDTMEDTRONIC PLCSHS0.02%$809,8969.3K
98EOGEOG RES INCCOM0.01%$606,3035.1K
99LENLENNAR CORPCL A0.01%$570,9695.2K

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 ↗.