Fosun International Ltd

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Fosun International Ltd reported 47 stock positions worth $351.2 million. Its top holding was Lanvin (LANV) at 61.7% of the portfolio, followed by Natures Sunshine Prods (NATR, 10.4%) and Butterfly Network (BFLY, 7.0%). Compared with Q4 2024, it opened 4 new positions, sold out of 4, added to 15 and reduced 5. The biggest buy was iShares MSCI China ETF (MCHI, shares +350%) and the biggest sale Kranesh Csi China Internet (KWEB, shares −42%).

Most Recent 13F
Q2 2026
Location
HONG KONG, F4
CIK
0001447884
Portfolio Value
$351.2M (Q1 2025)
SEC Filing
0001104659-25-048287 ↗ filed May 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $321.0M Q1 2024 Q2 2024: $296.3M Q2 2024 Q3 2024: $303.7M Q3 2024 Q4 2024: $319.6M Q4 2024 Q1 2025: $351.2M $351.2M Q1 2025 Q2 2025: $351.6M Q2 2025 Q3 2025: $267.4M Q3 2025 Q4 2025: $394.7M Q4 2025 Q1 2026: $365.3M Q1 2026 Q2 2026: $412.9M Q2 2026

Holdings 47 stocks · $351.2M
LANV Lanvin Group Holdings Ltd. 61.73% 90,334,215 $216.8M No change
NATR Natures Sunshine Prods Inc. 10.43% 2,918,774 $36.6M No change
BFLY Butterfly Network Inc. 6.96% 10,716,630 $24.4M No change
MCHI iShares MSCI China ETF 4.09% 264,300 $14.4M Add +350.1%
ASHR Xtrackers Harvest Csi 300 CH 3.94% 520,270 $13.8M Add +3.7%
KWEB Kranesh Csi China Internet 2.46% 247,028 $8.6M Reduce -41.7%
JG Aurora Mobile Ltd.-ADR 1.22% 405,199 $4.3M Reduce -6.7%
IJH iShares Core S&P Midcap ETF 0.93% 56,100 $3.3M New
GOOGL Alphabet Inc. Class A 0.81% 18,498 $2.9M Add +11.8%
UNH Unitedhealth Group Inc. 0.77% 5,157 $2.7M Add +5.9%
MSFT Microsoft Corp. 0.71% 6,633 $2.5M Add +0.3%
ADBE Adobe Inc. 0.64% 5,875 $2.3M Add +28.3%
V Visa Inc. Class A 0.52% 5,221 $1.8M No change
IJR iShares Core S&P Small-Cap E 0.39% 13,000 $1.4M New
HYPR Hyperfine Inc. 0.36% 1,742,020 $1.3M No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.32% 3,234 $1.1M No change
QSI Quantum-Si Inc. 0.25% 743,935 $893K No change
XEL Xcel Energy Inc. 0.22% 10,731 $760K No change
AMZN Amazon.com Inc. 0.19% 3,440 $654K Add +16.3%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.17% 7,700 $607K No change
LOW Lowe's Cos Inc. 0.17% 2,566 $598K No change
CB Chubb Ltd. 0.17% 1,954 $590K Add +31.1%
BDX Becton Dickinson and Co. 0.16% 2,520 $577K No change
WM Waste Management Inc. 0.16% 2,401 $556K Add +31.3%
AVGO Broadcom Inc. 0.15% 3,089 $517K No change
NEE Nextera Energy Inc. 0.15% 7,291 $517K No change
SPGI S&P Global Inc. 0.14% 985 $500K No change
NVDA Nvidia Corp. 0.13% 4,307 $467K Add +177.9%
SYY Sysco Corp. 0.13% 6,224 $464K Reduce -33.7%
OXY Occidental Petroleum Corp. 0.12% 8,797 $434K Reduce -0.6%
BABA Alibaba Group Holding-SP ADR 0.12% 3,230 $427K No change
TMO Thermo Fisher Scientific Inc. 0.12% 826 $411K Add +29.9%
LIN Linde PLC 0.11% 860 $400K Add +64.8%
TECK Teck Resources Ltd.-CLS B 0.11% 10,132 $369K No change
TMUS T-Mobile US Inc. 0.10% 1,343 $358K No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.10% 4,347 $337K No change
KBWB Invesco KBW Bank ETF 0.09% 5,000 $314K No change
QCOM Qualcomm Inc. 0.09% 2,031 $312K Reduce -34.1%
SNPS Synopsys Inc. 0.09% 724 $310K Add +50.8%
ADI Analog Devices Inc. 0.08% 1,333 $269K No change
AMT American Tower Corp. 0.07% 1,218 $263K No change
DHR Danaher Corp. 0.07% 1,200 $246K No change
DE Deere & Co. 0.07% 487 $229K New
KO The Coca-Cola Co. 0.06% 3,016 $216K New
TSM Taiwan Semiconductor-SP ADR 0.06% 1,295 $215K Add +2.0%
PEP Pepsico Inc. 0.06% 1,403 $210K No change
ULYX Urgent.ly Inc. 0.01% 8,234 $38K Add +0.2%
Other holdings (1): bonds, preferreds, convertibles and warrants · $3.9M (not counted above)
SecurityClassShares / PrincipalValueChange
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 8,000,000$3.9MNew

Total filed on the 13F, all lines: $355.0M.

Portfolio Sells Q4 2024 → Q1 2025
KWEB Kranesh Csi China Internet Reduce -41.7% 2.46% −1.42
DIS The Walt Disney Co. Sold out 0.00% −0.21
APH Amphenol Corp. Class A Sold out 0.00% −0.20
HPQ HP Inc. Sold out 0.00% −0.19
TEL Te Connectivity PLC Sold out 0.00% −0.18
SYY Sysco Corp. Reduce -33.7% 0.13% −0.09
QCOM Qualcomm Inc. Reduce -34.1% 0.09% −0.06
OXY Occidental Petroleum Corp. Reduce -0.6% 0.12% −0.01
JG Aurora Mobile Ltd.-ADR Reduce -6.7% 1.22% +0.26

Portfolio Buys Q4 2024 → Q1 2025
MCHI iShares MSCI China ETF Add +350.1% 4.09% +3.23
IJH iShares Core S&P Midcap ETF New 0.93% +0.93
IJR iShares Core S&P Small-Cap E New 0.39% +0.39
NVDA Nvidia Corp. Add +177.9% 0.13% +0.07
DE Deere & Co. New 0.07% +0.07
KO The Coca-Cola Co. New 0.06% +0.06
LIN Linde PLC Add +64.8% 0.11% +0.05
WM Waste Management Inc. Add +31.3% 0.16% +0.04
CB Chubb Ltd. Add +31.1% 0.17% +0.04
SNPS Synopsys Inc. Add +50.8% 0.09% +0.02
TMO Thermo Fisher Scientific Inc. Add +29.9% 0.12% +0.01
ADBE Adobe Inc. Add +28.3% 0.64% +0.00
UNH Unitedhealth Group Inc. Add +5.9% 0.77% −0.00
ULYX Urgent.ly Inc. Add +0.2% 0.01% −0.00
AMZN Amazon.com Inc. Add +16.3% 0.19% −0.02
TSM Taiwan Semiconductor-SP ADR Add +2.0% 0.06% −0.02
MSFT Microsoft Corp. Add +0.3% 0.71% −0.16
GOOGL Alphabet Inc. Class A Add +11.8% 0.81% −0.17
ASHR Xtrackers Harvest Csi 300 CH Add +3.7% 3.94% −0.22

Notes & Other Activity Q4 2024 → Q1 2025
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD New 8,000,000 $3.9M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 71$412.9MLANV, BFLY, CHA, ASHR, SPYM
Q1 2026 64$365.3MLANV, CHA, BFLY, ASHR, GDX
Q4 2025 51$394.7MLANV, CHA, BFLY, ASHR, SPYM
Q3 2025 46$267.4MLANV, BFLY, ASHR, GOOGL, JG
Q2 2025 52$351.6MLANV, IJH, BFLY, BBJP, ASHR
Q1 2025 47$351.2MLANV, NATR, BFLY, MCHI, ASHR
Q4 2024 47$319.6MLANV, NATR, BFLY, ASHR, KWEB
Q3 2024 52$303.7MLANV, NATR, BFLY, AMRX, MCHI
Q2 2024 46$296.3MLANV, NATR, AMRX, BFLY, MSFT
Q1 2024 45$321.0MLANV, AMRX, NATR, BFLY, MSFT