Filed: 8/14/2025ACC: 0000950103-25-010286
📋 What this filing means
NAN SHAN LIFE INSURANCE CO., LTD. filed this quarterly 13F‑HR report disclosing 116 equity positions with a total reported market value of $4.50B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
116
Positions
$4.50B
Total AUM (reported)
64.41M
Total Shares
Allocation by class
COM$2.37B52.8%
20 YR TR BD ETF$352.80M7.8%
PORTFOLIO LN TSR$291.23M6.5%
LONG TERM TREAS$171.92M3.8%
COM NEW$127.99M2.8%
CL B$119.99M2.7%
CAP STK CL A$116.41M2.6%
Portfolio Concentration
Top 3$815.95M18.1%
4–10$818.55M18.2%
11–25$1.04B23.0%
Rest$1.83B40.6%
Top 3 weight
18.1%
Top 10 weight
36.3%
Voting Authority Distribution
Total shares with voting rights: 70.67M
Sole
Full voting authority
66.62M
shares
% of voting shares94.3%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
4.05M
shares
% of voting shares5.7%
Investment Discretion (by position count)
Sole116
Shared0
Other0
Dominant voting typeSole · 94.3% of voting shares
Institutional Holdings116
Rows:
ISHARES TR
SOLEShares4M
TypeSH
Market value$352.80M
7.84%
Sole
4M
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares10.96M
TypeSH
Market value$291.23M
6.48%
Sole
10.96M
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares3.06M
TypeSH
Market value$171.92M
3.82%
Sole
0.00
Shared
0.00
None
3.06M
APPLE INC
SOLEShares668.51K
TypeSH
Market value$137.16M
3.05%
Sole
668.51K
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC
SOLEShares2.91M
TypeSH
Market value$125.84M
2.80%
Sole
2.91M
Shared
0.00
None
0.00
QUALCOMM INC
SOLEShares753.74K
TypeSH
Market value$120.04M
2.67%
Sole
753.74K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares660.55K
TypeSH
Market value$116.41M
2.59%
Sole
660.55K
Shared
0.00
None
0.00
REALTY INCOME CORP
SOLEShares1.90M
TypeSH
Market value$109.19M
2.43%
Sole
1.90M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares484.55K
TypeSH
Market value$106.30M
2.36%
Sole
484.55K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.28M
TypeSH
Market value$103.61M
2.30%
Sole
1.28M
Shared
0.00
None
0.00
VISA INC
SOLEShares271.08K
TypeSH
Market value$96.25M
2.14%
Sole
271.08K
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares96.44K
TypeSH
Market value$95.46M
2.12%
Sole
96.44K
Shared
0.00
None
0.00
INTUITIVE SURGICAL INC
SOLEShares146.05K
TypeSH
Market value$79.37M
1.76%
Sole
146.05K
Shared
0.00
None
0.00
DISNEY WALT CO
SOLEShares630.62K
TypeSH
Market value$78.20M
1.74%
Sole
630.62K
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares56.30K
TypeSH
Market value$75.39M
1.68%
Sole
56.30K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares144.84K
TypeSH
Market value$72.05M
1.60%
Sole
144.84K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares654.35K
TypeSH
Market value$71.65M
1.59%
Sole
654.35K
Shared
0.00
None
0.00
FREEPORT-MCMORAN INC
SOLEShares1.64M
TypeSH
Market value$70.89M
1.58%
Sole
1.64M
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares1.48M
TypeSH
Market value$69.96M
1.56%
Sole
1.48M
Shared
0.00
None
0.00
PROLOGIS INC.
SOLEShares626.94K
TypeSH
Market value$65.90M
1.47%
Sole
626.94K
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
SOLEShares372.78K
TypeSH
Market value$52.90M
1.18%
Sole
372.78K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares190.75K
TypeSH
Market value$52.58M
1.17%
Sole
190.75K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares207.56K
TypeSH
Market value$52.56M
1.17%
Sole
207.56K
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares561.44K
TypeSH
Market value$52.38M
1.16%
Sole
561.44K
Shared
0.00
None
0.00
SYNOPSYS INC
SOLEShares98.32K
TypeSH
Market value$50.41M
1.12%
Sole
98.32K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | 20 YR TR BD ETF | 4M | SH | $352.80M 7.84% | 4M | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | PORTFOLIO LN TSR | 10.96M | SH | $291.23M 6.48% | 10.96M | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | LONG TERM TREAS | 3.06M | SH | $171.92M 3.82% | 0.00 | 0.00 | 3.06M |
APPLE INCSOLE | COM | 668.51K | SH | $137.16M 3.05% | 668.51K | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INCSOLE | COM | 2.91M | SH | $125.84M 2.80% | 2.91M | 0.00 | 0.00 |
QUALCOMM INCSOLE | COM | 753.74K | SH | $120.04M 2.67% | 753.74K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 660.55K | SH | $116.41M 2.59% | 660.55K | 0.00 | 0.00 |
REALTY INCOME CORPSOLE | COM | 1.90M | SH | $109.19M 2.43% | 1.90M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 484.55K | SH | $106.30M 2.36% | 484.55K | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX HI YD ETF | 1.28M | SH | $103.61M 2.30% | 1.28M | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 271.08K | SH | $96.25M 2.14% | 271.08K | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 96.44K | SH | $95.46M 2.12% | 96.44K | 0.00 | 0.00 |
INTUITIVE SURGICAL INCSOLE | COM NEW | 146.05K | SH | $79.37M 1.76% | 146.05K | 0.00 | 0.00 |
DISNEY WALT COSOLE | COM | 630.62K | SH | $78.20M 1.74% | 630.62K | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 56.30K | SH | $75.39M 1.68% | 56.30K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 144.84K | SH | $72.05M 1.60% | 144.84K | 0.00 | 0.00 |
ISHARES TRSOLE | EXPANDED TECH | 654.35K | SH | $71.65M 1.59% | 654.35K | 0.00 | 0.00 |
FREEPORT-MCMORAN INCSOLE | CL B | 1.64M | SH | $70.89M 1.58% | 1.64M | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 1.48M | SH | $69.96M 1.56% | 1.48M | 0.00 | 0.00 |
PROLOGIS INC.SOLE | COM | 626.94K | SH | $65.90M 1.47% | 626.94K | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCSOLE | COM | 372.78K | SH | $52.90M 1.18% | 372.78K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 190.75K | SH | $52.58M 1.17% | 190.75K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | TECHNOLOGY | 207.56K | SH | $52.56M 1.17% | 207.56K | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | COM | 561.44K | SH | $52.38M 1.16% | 561.44K | 0.00 | 0.00 |
SYNOPSYS INCSOLE | COM | 98.32K | SH | $50.41M 1.12% | 98.32K | 0.00 | 0.00 |
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