Nan Shan Life Insurance Co., Ltd.

Insurance

CIK

1730464

Location

Taipei City, F5

Portfolio Value

Mid $2,407,906,033

Diversification

Diversified

Filing Date

Global Rank

#1,082 / 8,608 ▲ 80 · as of Mar 2026

Top Industry

Semiconductors 15.0%

3Y Alpha vs SPY

-4.5%

Period ended 3 months ago

Filed May 14, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+53.0%

SPY

+73.9%

Annualised alpha

-5.0%

Max drawdown

−18.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

66 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.2%

+0.8 pts

Top 5

25.8%

−0.8 pts

Top 10

44.9%

+0.0 pts

HHI

307

Diversified+10

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	30.7%	$739,547,009	22
Communication Services	20.9%	$503,580,736	6
Healthcare	14.2%	$342,625,853	10
Financial Services	9.2%	$220,708,215	7
Consumer Cyclical	6.9%	$167,237,660	8
Consumer Defensive	6.6%	$158,022,054	3
Industrials	4.1%	$98,447,594	1
Unclassified	3.2%	$78,136,896	1
Energy	2.4%	$58,031,816	5
Basic Materials	1.5%	$36,010,565	2
Real Estate	0.2%	$5,557,635	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
PFE	Pfizer Inc	+1,301,657	3,070,309	$86,214,276
GOOGL	Alphabet Inc.	+506,522	599,733	$172,459,221
AAPL	Apple Inc.	+421,402	431,798	$109,586,014
NVDA	Nvidia Corp	+405,990	514,681	$89,760,366
AMZN	Amazon Com Inc	+188,632	237,255	$49,413,098
JPM	Jpmorgan Chase & Co	+140,939	164,353	$48,346,078
MSFT	Microsoft Corp	+106,763	272,642	$100,923,889
AVGO	Broadcom Inc.	+98,309	147,171	$45,550,896
ISRG	Intuitive Surgical Inc	+40,681	77,481	$35,717,966
COST	Costco Wholesale Corp /New	+31,336	131,842	$131,371,324
META	Meta Platforms, Inc.	+18,220	148,044	$84,700,413
AMD	Advanced Micro Devices Inc	+6,800	15,855	$3,225,382
No positions match the current search.

Trimmed

Positions the filer reduced

24 positions

Ticker	Company	Δ Shares	Shares	Value
TRTX	TPG RE Finance Trust, Inc.	−2,109,486	711,605	$5,557,635
INTC	Intel Corp	−957,622	391,878	$17,293,576
VZ	Verizon Communications Inc	−819,013	2,088,591	$104,847,268
BP	Bp PLC	−188,425	416,772	$19,588,284
KMI	Kinder Morgan, Inc.	−159,954	577,243	$19,354,957
TXN	Texas Instruments Inc	−137,608	117,201	$22,753,402
FCX	Freeport-Mcmoran Inc	−136,173	49,442	$2,906,200
V	Visa Inc.	−131,331	225,986	$68,302,008
MRVL	Marvell Technology, Inc.	−106,277	390,369	$38,666,049
PG	PROCTER & GAMBLE Co	−103,800	172,826	$24,962,987
SPGI	S&P Global Inc.	−52,037	47,664	$19,180,136
SLB	Slb Limited/Nv	−48,577	120,000	$6,166,800
ADBE	Adobe Inc.	−3,416	76,765	$18,660,036
NKE	NIKE, Inc.	−3,106	685,946	$36,231,667
XYZ	Block, Inc.	−2,640	552,700	$33,261,486
CRM	Salesforce, Inc.	−2,456	137,794	$25,722,005
UNH	Unitedhealth Group Inc	−1,834	117,643	$31,833,019
PYPL	PayPal Holdings, Inc.	−1,439	431,342	$19,509,598
ON	On Semiconductor Corp	−818	360,013	$22,292,004
APTV	Aptiv PLC	−180	687,462	$47,737,361
ILMN	Illumina, Inc.	−73	37,409	$4,611,033
SWKS	Skyworks Solutions, Inc.	−24	25,376	$1,358,884
EL	Estee Lauder Companies Inc	−12	23,516	$1,687,743
LEN	Lennar Corp /New/	−1	5,131	$445,576
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
ETN	Eaton Corp plc	275,247	$98,447,594
QQQ	Invesco Qqq Trust, Series 1	135,377	$78,136,896
NEM	NEWMONT Corp /DE/	305,814	$33,104,365
CME	Cme Group Inc.	102,540	$30,285,189
BAC	Bank Of America Corp /De/	565,955	$27,590,306
UBER	Uber Technologies, Inc	341,325	$24,551,507
LLY	ELI LILLY & Co	15,686	$14,427,512
RCL	Royal Caribbean Cruises Ltd	44,584	$12,268,625
VLO	Valero Energy Corp/Tx	49,332	$12,188,950
LRCX	Lam Research Corp	46,575	$9,951,214
CSCO	Cisco Systems, Inc.	107,402	$8,333,321
MU	Micron Technology Inc	12,143	$4,102,391
TSLA	Tesla, Inc.	8,595	$3,195,191
ADI	Analog Devices Inc	6,888	$2,191,348
ASML	Asml Holding NV	169	$223,220
No positions match the current search.

Sold Out

Positions the filer fully exited

14 positions

Ticker	Company	Shares	Value
O	Realty Income Corp	1,895,302	$106,838,173
RITM	Rithm Capital Corp.	4,306,602	$46,941,961
EXR	Extra Space Storage Inc.	218,563	$28,461,273
KREF	KKR Real Estate Finance Trust Inc.	3,060,384	$25,156,356
PLD	Prologis, Inc.	186,256	$23,777,440
REXR	Rexford Industrial Realty, Inc.	517,579	$20,040,658
AMT	American Tower Corp /Ma/	95,766	$16,813,636
PSA	Public Storage	61,489	$15,956,395
HST	Host Hotels & Resorts, Inc.	791,128	$14,026,699
EQR	Equity Residential	210,384	$13,262,607
COLD	Americold Realty Trust	760,671	$9,782,229
AVB	Avalonbay Communities Inc	37,186	$6,742,193
WMT	Walmart Inc.	36,800	$4,099,888
DLR	Digital Realty Trust, Inc.	14,611	$2,260,467
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

66 positions · $2,407,906,033 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 66 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Added	599,733	+506,522	$172,459,221	+491.1%	7.16%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	131,842	+31,336	$131,371,324	+51.6%	5.46%
AAPL	Apple Inc. Technology	Added	431,798	+421,402	$109,586,014	+3777.4%	4.55%
VZ	Verizon Communications Inc Communication Services	Reduced	2,088,591	-819,013	$104,847,268	−11.5%	4.35%
QCOM	Qualcomm Inc/De Technology	Held	798,331	0	$102,809,066	−24.7%	4.27%
MSFT	Microsoft Corp Technology	Added	272,642	+106,763	$100,923,889	+25.8%	4.19%
ETN	Eaton Corp plc Industrials	NEW	275,247	NEW	$98,447,594	NEW	4.09%
NVDA	Nvidia Corp Technology	Added	514,681	+405,990	$89,760,366	+342.8%	3.73%
PFE	Pfizer Inc Healthcare	Added	3,070,309	+1,301,657	$86,214,276	+95.8%	3.58%
META	Meta Platforms, Inc. Communication Services	Added	148,044	+18,220	$84,700,413	−1.2%	3.52%
QQQ	Invesco Qqq Trust, Series 1	NEW	135,377	NEW	$78,136,896	NEW	3.25%
NFLX	Netflix Inc Communication Services	Held	810,170	0	$77,897,845	+2.5%	3.24%
V	Visa Inc. Financial Services	Reduced	225,986	-131,331	$68,302,008	−45.5%	2.84%
DIS	Walt Disney Co Communication Services	Held	630,489	0	$60,766,529	−15.3%	2.52%
BMY	Bristol Myers Squibb Co Healthcare	Held	939,759	0	$56,996,383	+12.4%	2.37%
NOW	ServiceNow, Inc. Technology	Held	514,260	0	$53,765,883	−31.8%	2.23%
AMZN	Amazon Com Inc Consumer Cyclical	Added	237,255	+188,632	$49,413,098	+340.3%	2.05%
JPM	Jpmorgan Chase & Co Financial Services	Added	164,353	+140,939	$48,346,078	+540.8%	2.01%
APTV	Aptiv PLC Consumer Cyclical	Reduced	687,462	-180	$47,737,361	−8.8%	1.98%
AVGO	Broadcom Inc. Technology	Added	147,171	+98,309	$45,550,896	+169.4%	1.89%
EW	Edwards Lifesciences Corp Healthcare	Held	552,221	0	$44,221,857	−6.1%	1.84%
MRVL	Marvell Technology, Inc. Technology	Reduced	390,369	-106,277	$38,666,049	−8.4%	1.61%
NKE	NIKE, Inc. Consumer Cyclical	Reduced	685,946	-3,106	$36,231,667	−17.5%	1.50%
ISRG	Intuitive Surgical Inc Healthcare	Added	77,481	+40,681	$35,717,966	+71.4%	1.48%
XYZ	Block, Inc. Technology	Reduced	552,700	-2,640	$33,261,486	−8.0%	1.38%
NEM	NEWMONT Corp /DE/ Basic Materials	NEW	305,814	NEW	$33,104,365	NEW	1.37%
UNH	Unitedhealth Group Inc Healthcare	Reduced	117,643	-1,834	$31,833,019	−19.3%	1.32%
CME	Cme Group Inc. Financial Services	NEW	102,540	NEW	$30,285,189	NEW	1.26%
CVS	CVS HEALTH Corp Healthcare	Held	411,050	0	$29,521,611	−9.5%	1.23%
BAC	Bank Of America Corp /De/ Financial Services	NEW	565,955	NEW	$27,590,306	NEW	1.15%
WST	West Pharmaceutical Services Inc Healthcare	Held	109,867	0	$27,537,064	−8.9%	1.14%
CRM	Salesforce, Inc. Technology	Reduced	137,794	-2,456	$25,722,005	−30.8%	1.07%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	172,826	-103,800	$24,962,987	−37.0%	1.04%
UBER	Uber Technologies, Inc Technology	NEW	341,325	NEW	$24,551,507	NEW	1.02%
TXN	Texas Instruments Inc Technology	Reduced	117,201	-137,608	$22,753,402	−48.5%	0.94%
ON	On Semiconductor Corp Technology	Reduced	360,013	-818	$22,292,004	+14.1%	0.93%
BP	Bp PLC Energy	Reduced	416,772	-188,425	$19,588,284	−6.8%	0.81%
PYPL	PayPal Holdings, Inc. Financial Services	Reduced	431,342	-1,439	$19,509,598	−22.8%	0.81%
KMI	Kinder Morgan, Inc. Energy	Reduced	577,243	-159,954	$19,354,957	−4.5%	0.80%
SPGI	S&P Global Inc. Financial Services	Reduced	47,664	-52,037	$19,180,136	−61.1%	0.80%
ADBE	Adobe Inc. Technology	Reduced	76,765	-3,416	$18,660,036	−33.5%	0.77%
INTC	Intel Corp Technology	Reduced	391,878	-957,622	$17,293,576	−65.3%	0.72%
LLY	ELI LILLY & Co Healthcare	NEW	15,686	NEW	$14,427,512	NEW	0.60%
RACE	Ferrari N.V. Consumer Cyclical	Held	40,716	0	$13,780,330	−8.4%	0.57%
RCL	Royal Caribbean Cruises Ltd Consumer Cyclical	NEW	44,584	NEW	$12,268,625	NEW	0.51%
VLO	Valero Energy Corp/Tx Energy	NEW	49,332	NEW	$12,188,950	NEW	0.51%
GILD	Gilead Sciences, Inc. Healthcare	Held	82,838	0	$11,545,132	+13.5%	0.48%
LRCX	Lam Research Corp Technology	NEW	46,575	NEW	$9,951,214	NEW	0.41%
CSCO	Cisco Systems, Inc. Technology	NEW	107,402	NEW	$8,333,321	NEW	0.35%
MA	Mastercard Inc Financial Services	Held	15,000	0	$7,494,900	−12.5%	0.31%