# Nan Shan Life Insurance Co., Ltd.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1730464. Source: https://holderbook.com/funds/1730464-nan-shan-life-insurance-co-ltd/

- Reported value: $3.2B
- Positions: 82
- Weight of the ten largest: 39.1%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $220.0M | 615,674 | 6.9% | 26 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $146.3M | 505,646 | 4.6% | 27 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $130.6M | 652,559 | 4.1% | 30 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $129.4M | 346,888 | 4.1% | 28 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $127.9M | 220,170 | 4.0% | 20 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $119.2M | 645,065 | 3.7% | 20 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $112.5M | 472,003 | 3.5% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $88.7M | 157,555 | 2.8% | 25 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $86.7M | 203,527 | 2.7% | 2 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $85.2M | 225,506 | 2.7% | 8 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $79.6M | 3,306,108 | 2.5% | 9 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $77.1M | 2,410,871 | 2.4% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $68.2M | 72,891 | 2.1% | 17 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $65.1M | 198,905 | 2.0% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $61.5M | 179,254 | 1.9% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $60.7M | 630,489 | 1.9% | 29 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $60.5M | 82,150 | 1.9% | 2 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $58.1M | 1,371,830 | 1.8% | 30 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $55.9M | 981,342 | 1.8% | 2 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $55.6M | 490,596 | 1.7% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $54.1M | 939,759 | 1.7% | 31 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $50.0M | 552,221 | 1.6% | 10 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $47.5M | 665,142 | 1.5% | 20 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $45.3M | 331,522 | 1.4% | 1 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $44.5M | 149,401 | 1.4% | 22 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $44.2M | 200,237 | 1.4% | 2 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $43.8M | 107,475 | 1.4% | 21 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $42.8M | 292,168 | 1.3% | 7 |
| BLOCK INC | [XYZ](https://holderbook.com/stocks/XYZ/) | $41.9M | 551,615 | 1.3% | 10 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $41.2M | 60,032 | 1.3% | 2 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $40.6M | 434,914 | 1.3% | 2 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $40.6M | 61,879 | 1.3% | 2 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $35.3M | 30,589 | 1.1% | 2 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $34.2M | 736,544 | 1.1% | 15 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $34.2M | 86,062 | 1.1% | 19 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $31.0M | 195,277 | 1.0% | 7 |
| APTIV PLC | [APTV](https://holderbook.com/stocks/APTV/) | $30.5M | 497,022 | 1.0% | 7 |
| LENNAR CORP | [LEN](https://holderbook.com/stocks/LEN/) | $29.7M | 328,000 | 0.9% | 10 |
| VANGUARD WORLD FD | [VPU](https://holderbook.com/stocks/VPU/) | $29.4M | 150,369 | 0.9% | 2 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $28.7M | 96,321 | 0.9% | 21 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $28.5M | 111,655 | 0.9% | 1 |
| VANECK ETF TRUST | [OIH](https://holderbook.com/stocks/OIH/) | $27.2M | 73,208 | 0.9% | 1 |
| ISHARES TR | [VLUE](https://holderbook.com/stocks/VLUE/) | $25.8M | 128,980 | 0.8% | 1 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $24.7M | 62,297 | 0.8% | 2 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $24.6M | 391,700 | 0.8% | 25 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $23.8M | 124,900 | 0.7% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $23.6M | 169,092 | 0.7% | 24 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $23.1M | 223,565 | 0.7% | 23 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $22.8M | 315,325 | 0.7% | 2 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $22.7M | 428,299 | 0.7% | 2 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $22.7M | 193,106 | 0.7% | 2 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $18.7M | 225,837 | 0.6% | 2 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $18.6M | 54,183 | 0.6% | 1 |
| FIRST TR EXCHANGE TRADED FD | [GRID](https://holderbook.com/stocks/GRID/) | $16.6M | 86,788 | 0.5% | 2 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $15.7M | 7,879 | 0.5% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $15.3M | 36,422 | 0.5% | 2 |
| FERRARI N V | [RACE](https://holderbook.com/stocks/RACE/) | $15.1M | 40,716 | 0.5% | 6 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $12.3M | 77,701 | 0.4% | 24 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $12.3M | 10,214 | 0.4% | 2 |
| WEST PHARMACEUTICAL SVSC INC | [WST](https://holderbook.com/stocks/WST/) | $11.2M | 31,216 | 0.4% | 9 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $9.8M | 66,250 | 0.3% | 1 |
| WISDOMTREE TR | [DEM](https://holderbook.com/stocks/DEM/) | $9.1M | 170,000 | 0.3% | 1 |
| GLOBAL X FDS | [BOTZ](https://holderbook.com/stocks/BOTZ/) | $8.9M | 234,000 | 0.3% | 6 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $7.7M | 15,000 | 0.2% | 28 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $6.9M | 6,800 | 0.2% | 1 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $6.5M | 6,149 | 0.2% | 1 |
| ISHARES TR | [ICLN](https://holderbook.com/stocks/ICLN/) | $6.0M | 295,177 | 0.2% | 1 |
| SOUTHERN COPPER CORP | [SCCO](https://holderbook.com/stocks/SCCO/) | $5.7M | 32,800 | 0.2% | 1 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $5.6M | 74,528 | 0.2% | 2 |
| VERSIGENT PLC | [VGNT](https://holderbook.com/stocks/VGNT/) | $5.4M | 128,541 | 0.2% | 1 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $5.1M | 11,514 | 0.2% | 10 |
| GLOBAL X FDS | [COPX](https://holderbook.com/stocks/COPX/) | $4.1M | 52,746 | 0.1% | 2 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $3.7M | 40,000 | 0.1% | 1 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $3.6M | 39,888 | 0.1% | 2 |
| ISHARES TR | [IAI](https://holderbook.com/stocks/IAI/) | $3.6M | 20,580 | 0.1% | 2 |
| YUM CHINA HLDGS INC | [YUMC](https://holderbook.com/stocks/YUMC/) | $3.5M | 85,400 | 0.1% | 12 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $3.2M | 7,338 | 0.1% | 2 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $2.7M | 5,900 | 0.1% | 4 |
| SPDR SERIES TRUST | [KRE](https://holderbook.com/stocks/KRE/) | $2.1M | 28,000 | 0.1% | 11 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $1.7M | 45,313 | 0.1% | 31 |
| DBX ETF TR | [ASHR](https://holderbook.com/stocks/ASHR/) | $1.5M | 40,000 | 0.0% | 1 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $1.4M | 16,888 | 0.0% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +12.9% | +14.8% | -1.9% | 100% |
| Q1 2026 | -3.6% | -4.6% | +1.1% | 100% |
| Q4 2025 | +1.1% | +2.4% | -1.3% | 100% |
| Q3 2025 | +4.5% | +7.8% | -3.3% | 100% |
| Q2 2025 | +5.8% | +10.5% | -4.7% | 100% |
| Q1 2025 | -0.9% | -4.6% | +3.7% | 100% |
| Q4 2024 | -2.4% | +2.1% | -4.6% | 100% |
| Q3 2024 | +6.3% | +5.4% | +0.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.2B | 82 |
| Q1 2026 | $2.8B | 87 |
| Q4 2025 | $3.3B | 82 |
| Q3 2025 | $4.7B | 103 |
| Q2 2025 | $4.5B | 116 |
| Q1 2025 | $4.2B | 112 |
| Q4 2024 | $4.2B | 111 |
| Q3 2024 | $4.2B | 98 |
| Q2 2024 | $4.2B | 104 |
| Q1 2024 | $4.3B | 104 |
| Q4 2023 | $4.1B | 94 |
| Q3 2023 | $3.7B | 94 |