NAN SHAN LIFE INSURANCE CO LTD
Q3 2025 Form 13-F
TAIPEI CITY
CIK 0001730464
· Institutional investment manager
$4.7B Reported Value Total
Reported value
$4.7B
Quarter over quarter
+4.0%
Holdings
103
Top-10 concentration
37.4%
Key People
Named on the latest Form 13-F filing — not necessarily an owner
Brian Tsai
Chief Finance Officer
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
13F Metrics
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Q3 2025 13F record
Q3 2025 13F filing summary
| Period of report | September 30, 2025 |
|---|---|
| Filed | November 14, 2025 |
| Form | 13F-HR |
| Reported value | $4.7B |
| Positions | 103 |
| Change in reported value | +4.7% |
| New positions | 5 |
| Exited positions | 18 |
| Position turnover | 19.0% |
| Top-10 concentration | 37.4% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 14, 2026
|
82 | $3.2B |
|
Q1 2026 13F
Filed May 14, 2026
|
87 | $2.8B |
|
Q4 2025 13F
Filed Feb 13, 2026
|
82 | $3.3B |
|
Q3 2025 13F
Filed Nov 14, 2025
|
103 | $4.7B |
|
Q2 2025 13F
Filed Aug 14, 2025
|
116 | $4.5B |
|
Q1 2025 13F
Filed May 14, 2025
|
112 | $4.2B |
|
Q4 2024 13F
Filed Feb 14, 2025
|
111 | $4.2B |
|
Q3 2024 13F
Filed Nov 14, 2024
|
98 | $4.2B |
|
Q2 2024 13F
Filed Aug 14, 2024
|
104 | $4.2B |
|
Q1 2024 13F
Filed May 14, 2024
|
104 | $4.3B |
|
Q4 2023 13F
Filed Feb 14, 2024
|
94 | $4.1B |
|
Q3 2023 13F
Filed Nov 14, 2023
|
94 | $3.7B |
|
Q2 2023 13F
Filed Aug 14, 2023
|
92 | $4.1B |
|
Q1 2023 13F
Filed May 12, 2023
|
95 | $4.2B |
|
Q4 2022 13F
Filed Feb 14, 2023
|
90 | $3.7B |
|
Q3 2022 13F
Filed Nov 15, 2022
|
89 | $4.1B |
|
Q2 2022 13F
Filed Aug 15, 2022
|
90 | $4.8B |
|
Q1 2022 13F
Filed May 13, 2022
|
86 | $5.7B |
|
Q4 2021 13F
Filed Feb 14, 2022
|
99 | $6.6B |
|
Q3 2021 13F
Filed Nov 15, 2021
|
100 | $6.0B |
33 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q3 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | TLT ISHARES TR | $357.3M | 7.59% |
| 2 | SPTL SPDR SERIES TRUST | $295.3M | 6.27% |
| 3 | VGLT VANGUARD SCOTTSDALE FDS | $174.2M | 3.7% |
| 4 | AAPL APPLE INC | $159.0M | 3.38% |
| 5 | GOOGL ALPHABET INC | $151.7M | 3.22% |
| 6 | MSFT MICROSOFT CORP | $140.0M | 2.97% |
| 7 | VZ VERIZON COMMUNICATIONS INC | $127.8M | 2.71% |
| 8 | QCOM QUALCOMM INC | $125.4M | 2.66% |
| 9 | O REALTY INCOME CORP | $115.2M | 2.45% |
| 10 | V VISA INC | $113.4M | 2.41% |
| 11 | HYG ISHARES TR | $104.3M | 2.22% |
| 12 | XLV SELECT SECTOR SPDR TR | $100.9M | 2.14% |
| 13 | NOW SERVICENOW INC | $94.7M | 2.01% |
| 14 | NFLX NETFLIX INC | $93.8M | 1.99% |
| 15 | COST COSTCO WHSL CORP NEW | $93.0M | 1.98% |
| 16 | AMD ADVANCED MICRO DEVICES INC | $92.0M | 1.95% |
| 17 | META META PLATFORMS INC | $91.2M | 1.94% |
| 18 | NVDA NVIDIA CORPORATION | $77.9M | 1.65% |
| 19 | ISRG INTUITIVE SURGICAL INC | $76.5M | 1.63% |
| 20 | DIS DISNEY WALT CO | $72.2M | 1.53% |
Values as reported on the Q3 2025 Form 13F. Every position is in the holdings table below.