Q4 2025 · 13F-HR
Nan Shan Life Insurance Co., Ltd.holdings as filed
Filed 2026-02-13 · accession 0000950103-26-002133
$3.25B
Reported value
82
Positions
2025-12-31
Period end
The Brief · Nan Shan Life Insurance Co., Ltd. · Q4 2025
AI · grounded in 13F
Nan Shan Life Insurance Co., Ltd. reduced its holdings in AMD by 98.4% and AAPL by 98.3%. The fund also closed its position in IGV, resulting in a decrease of $72.17M. Conversely, the fund increased its stake in SPGI by 318.9% and added to its position in MRVL by 26.1%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464287432 | TLT | ISHARES TR | $348.4M | 10.7% | 3,997,680 | Common | SOLE |
| 78464A664 | SPTL | SPDR SERIES TRUST | $290.0M | 8.92% | 10,956,900 | Common | SOLE |
| 92206C847 | VGLT | VANGUARD SCOTTSDALE FDS | $170.9M | 5.26% | 3,063,500 | Common | NONE |
| 747525103 | QCOM | QUALCOMM INC | $136.6M | 4.20% | 798,331 | Common | SOLE |
| 92826C839 | V | VISA INC | $125.3M | 3.85% | 357,317 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $118.4M | 3.64% | 2,907,604 | Common | SOLE |
| 756109104 | O | REALTY INCOME CORP | $106.8M | 3.29% | 1,895,302 | Common | SOLE |
| 464288513 | HYG | ISHARES TR | $103.6M | 3.19% | 1,284,652 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $86.7M | 2.67% | 100,506 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $85.7M | 2.64% | 129,824 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $80.2M | 2.47% | 165,879 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $78.8M | 2.42% | 514,260 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $76.0M | 2.34% | 810,170 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $71.7M | 2.21% | 630,489 | Common | SOLE |
| G3265R107 | APTV | APTIV PLC | $52.3M | 1.61% | 687,642 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $52.1M | 1.60% | 99,701 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $50.7M | 1.56% | 939,759 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $49.8M | 1.53% | 1,349,500 | Common | SOLE |
| 28176E108 | EW | EDWARDS LIFESCIENCES CORP | $47.1M | 1.45% | 552,221 | Common | SOLE |
| 64828T201 | RITM | RITHM CAPITAL CORP | $46.9M | 1.44% | 4,306,602 | Common | SOLE |
| 882508104 | TXN | TEXAS INSTRS INC | $44.2M | 1.36% | 254,809 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $44.0M | 1.35% | 1,768,652 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $43.9M | 1.35% | 689,052 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $42.2M | 1.30% | 496,646 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $39.6M | 1.22% | 276,626 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $39.4M | 1.21% | 119,477 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $37.2M | 1.14% | 140,250 | Common | SOLE |
| 852234103 | XYZ | BLOCK INC | $36.1M | 1.11% | 555,340 | Common | SOLE |
| 78464A763 | SDY | SPDR SERIES TRUST | $34.4M | 1.06% | 247,496 | Common | SOLE |
| 78468R622 | JNK | SPDR SERIES TRUST | $32.8M | 1.01% | 337,566 | Common | SOLE |
| 126650100 | CVS | CVS HEALTH CORP | $32.6M | 1.00% | 411,050 | Common | SOLE |
| 955306105 | WST | WEST PHARMACEUTICAL SVSC INC | $30.2M | 0.93% | 109,867 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $29.2M | 0.90% | 93,211 | Common | SOLE |
| 30225T102 | EXR | EXTRA SPACE STORAGE INC | $28.5M | 0.88% | 218,563 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $28.1M | 0.86% | 80,181 | Common | SOLE |
| 464287804 | IJR | ISHARES TR | $25.6M | 0.79% | 213,194 | Common | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $25.3M | 0.78% | 432,781 | Common | SOLE |
| 48251K100 | KREF | KKR REAL ESTATE FIN TR INC | $25.2M | 0.77% | 3,060,384 | Common | SOLE |
| 87266M107 | TRTX | TPG RE FIN TR INC | $24.3M | 0.75% | 2,821,091 | Common | SOLE |
| 74340W103 | PLD | PROLOGIS INC. | $23.8M | 0.73% | 186,256 | Common | SOLE |
| 055622104 | BP | BP PLC | $21.0M | 0.65% | 605,197 | Common | SOLE |
| 46120E602 | ISRG | INTUITIVE SURGICAL INC | $20.8M | 0.64% | 36,800 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $20.3M | 0.62% | 108,691 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $20.3M | 0.62% | 737,197 | Common | SOLE |
| 76169C100 | REXR | REXFORD INDL RLTY INC | $20.0M | 0.62% | 517,579 | Common | SOLE |
| 682189105 | ON | ON SEMICONDUCTOR CORP | $19.5M | 0.60% | 360,831 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $16.9M | 0.52% | 48,862 | Common | SOLE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $16.8M | 0.52% | 95,766 | Common | SOLE |
| 74460D109 | PSA | PUBLIC STORAGE OPER CO | $16.0M | 0.49% | 61,489 | Common | SOLE |
| 46432F339 | QUAL | ISHARES TR | $15.3M | 0.47% | 77,200 | Common | SOLE |
| N3167Y103 | RACE | FERRARI N V | $15.2M | 0.47% | 40,716 | Common | SOLE |
| 78464A698 | KRE | SPDR SERIES TRUST | $15.0M | 0.46% | 231,686 | Common | SOLE |
| 44107P104 | HST | HOST HOTELS & RESORTS INC | $14.0M | 0.43% | 791,128 | Common | SOLE |
| 29476L107 | EQR | EQUITY RESIDENTIAL | $13.3M | 0.41% | 210,384 | Common | SOLE |
| 921946810 | VIGI | VANGUARD WHITEHALL FDS | $12.5M | 0.39% | 137,180 | Common | NONE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $12.5M | 0.39% | 81,000 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $11.2M | 0.35% | 48,623 | Common | SOLE |
| 375558103 | GILD | GILEAD SCIENCES INC | $10.2M | 0.31% | 82,838 | Common | SOLE |
| 03064D108 | COLD | AMERICOLD REALTY TRUST INC | $9.8M | 0.30% | 760,671 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $9.4M | 0.29% | 185,615 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $8.6M | 0.26% | 15,000 | Common | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $8.0M | 0.24% | 41,532 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $7.5M | 0.23% | 23,414 | Common | SOLE |
| 464288752 | ITB | ISHARES TR | $7.4M | 0.23% | 77,103 | Common | SOLE |
| 78464A870 | XBI | SPDR SERIES TRUST | $7.3M | 0.23% | 60,264 | Common | SOLE |
| 053484101 | AVB | AVALONBAY CMNTYS INC | $6.7M | 0.21% | 37,186 | Common | SOLE |
| 806857108 | SLB | SLB LIMITED | $6.5M | 0.20% | 168,577 | Common | SOLE |
| 464288653 | TLH | ISHARES TR | $5.6M | 0.17% | 54,700 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $5.4M | 0.17% | 11,514 | Common | SOLE |
| 452327109 | ILMN | ILLUMINA INC | $4.9M | 0.15% | 37,482 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $4.1M | 0.13% | 36,800 | Common | SOLE |
| 98850P109 | YUMC | YUM CHINA HLDGS INC | $4.0M | 0.12% | 85,400 | Common | SOLE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A | $3.5M | 0.11% | 6,000 | Common | SOLE |
| 37954Y715 | BOTZ | GLOBAL X FDS | $2.9M | 0.09% | 80,000 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $2.8M | 0.09% | 10,396 | Common | SOLE |
| 518439104 | EL | LAUDER ESTEE COS INC | $2.5M | 0.08% | 23,528 | Common | SOLE |
| 253868103 | DLR | DIGITAL RLTY TR INC | $2.3M | 0.07% | 14,611 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $1.9M | 0.06% | 9,055 | Common | SOLE |
| 83088M102 | SWKS | SKYWORKS SOLUTIONS INC | $1.6M | 0.05% | 25,400 | Common | SOLE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $1.3M | 0.04% | 16,888 | Common | SOLE |
| 26875P101 | EOG | EOG RES INC | $532,296 | 0.02% | 5,069 | Common | SOLE |
| 526057104 | LEN | LENNAR CORP | $527,570 | 0.02% | 5,132 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.