Fosun International Ltd

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Fosun International Ltd reported 52 stock positions worth $351.6 million. Its top holding was Lanvin (LANV) at 56.3% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 10.5%) and Butterfly Network (BFLY, 6.1%). Compared with Q1 2025, it opened 11 new positions, sold out of 6, added to 8 and reduced 11. The biggest buy was a new position in JPMorgan Betabuilders Japan (BBJP) and the biggest sale Natures Sunshine Prods (NATR, shares −98%).

Most Recent 13F
Q2 2026
Location
HONG KONG, F4
CIK
0001447884
Portfolio Value
$351.6M (Q2 2025)
SEC Filing
0001104659-25-077896 ↗ filed Aug 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 Q1 2025 Q2 2025: $351.6M $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 52 stocks · $351.6M
LANV Lanvin Group Holdings Ltd. 56.27% 90,334,215 $197.8M No change
IJH iShares Core S&P Midcap ETF 10.52% 56,040 $37.0M Reduce -0.1%
BFLY Butterfly Network Inc. 6.10% 10,716,630 $21.4M No change
BBJP JPMorgan Betabuilders Japan 4.42% 251,400 $15.5M New
ASHR Xtrackers Harvest Csi 300 CH 4.08% 520,270 $14.3M No change
INDA iShares MSCI India ETF 3.47% 1,215,400 $12.2M New
MCHI iShares MSCI China ETF 1.66% 106,000 $5.8M Reduce -59.9%
META Meta Platforms Inc. Class A 1.47% 700 $5.2M New
JG Aurora Mobile Ltd.-ADR 1.24% 405,199 $4.4M No change
KWEB Kranesh Csi China Internet 1.03% 105,451 $3.6M Reduce -57.3%
GOOGL Alphabet Inc. Class A 0.92% 18,321 $3.2M Reduce -1.0%
MSFT Microsoft Corp. 0.77% 5,450 $2.7M Reduce -17.8%
UNH Unitedhealth Group Inc. 0.67% 7,537 $2.4M Add +46.1%
NVDA Nvidia Corp. 0.58% 12,935 $2.0M Add +200.3%
ADBE Adobe Inc. 0.51% 4,661 $1.8M Reduce -20.7%
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) 0.51% 2,000,000 $1.8M New
QSI Quantum-Si Inc. 0.41% 743,935 $1.5M No change
V Visa Inc. Class A 0.37% 3,670 $1.3M Reduce -29.7%
HYPR Hyperfine Inc. 0.36% 1,742,020 $1.3M No change
CHA Chagee Holdings Ltd.-ADR 0.28% 37,748 $986K New
NATR Natures Sunshine Prods Inc. 0.27% 64,167 $949K Reduce -97.8%
AMZN Amazon.com Inc. 0.23% 3,679 $807K Add +7.0%
TPR Tapestry Inc. 0.22% 9,000 $790K New
NEE Nextera Energy Inc. 0.21% 10,780 $748K Add +47.9%
SNPS Synopsys Inc. 0.21% 1,457 $747K Add +101.2%
TMO Thermo Fisher Scientific Inc. 0.20% 1,726 $700K Add +109.0%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.19% 2,075 $664K Reduce -35.8%
BABA Alibaba Group Holding-SP ADR 0.18% 5,430 $616K Add +68.1%
AS Amer Sports Inc. 0.17% 15,500 $601K New
AON Aon PLC Class A 0.17% 1,677 $598K New
LOW Lowe's Cos Inc. 0.16% 2,566 $569K No change
CB Chubb Ltd. 0.16% 1,954 $566K No change
WM Waste Management Inc. 0.16% 2,401 $549K No change
SPGI S&P Global Inc. 0.15% 985 $519K No change
XEL Xcel Energy Inc. 0.14% 7,122 $485K Reduce -33.6%
SYY Sysco Corp. 0.13% 6,224 $468K No change
BDX Becton Dickinson and Co. 0.12% 2,520 $434K No change
AVGO Broadcom Inc. 0.12% 1,523 $420K Reduce -50.7%
TECK Teck Resources Ltd.-CLS B 0.12% 10,132 $409K No change
LIN Linde PLC 0.11% 860 $403K No change
OXY Occidental Petroleum Corp. 0.11% 8,797 $370K No change
CRM Salesforce Inc. 0.10% 1,302 $355K New
TMUS T-Mobile US Inc. 0.09% 1,343 $320K No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.09% 4,347 $320K No change
ADI Analog Devices Inc. 0.09% 1,333 $317K No change
TSM Taiwan Semiconductor-SP ADR 0.08% 1,295 $293K No change
MRVL Marvell Technology Inc. 0.08% 3,734 $289K New
DE Deere & Co. 0.08% 547 $278K Add +12.3%
ABBV Abbvie Inc. 0.07% 1,340 $247K New
DHR Danaher Corp. 0.07% 1,200 $237K No change
KO The Coca-Cola Co. 0.06% 3,016 $213K No change
ULYX Urgent.ly Inc. 0.01% 8,234 $53K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $8.1M (not counted above)
SecurityClassShares / PrincipalValueChange
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 11,000,000$5.8MAdd +37.5%
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D 4,200,000$2.3MNew

Total filed on the 13F, all lines: $359.6M.

Portfolio Sells Q1 2025 → Q2 2025
NATR Natures Sunshine Prods Inc. Reduce -97.8% 0.27% −10.16
MCHI iShares MSCI China ETF Reduce -59.9% 1.66% −2.43
KWEB Kranesh Csi China Internet Reduce -57.3% 1.03% −1.43
IJR iShares Core S&P Small-Cap E Sold out 0.00% −0.39
XLU St Sr Utl SL SE SPDR ETF-Usd Sold out 0.00% −0.17
V Visa Inc. Class A Reduce -29.7% 0.37% −0.15
AJG Arthur J Gallagher & Co. Reduce -35.8% 0.19% −0.13
ADBE Adobe Inc. Reduce -20.7% 0.51% −0.13
KBWB Invesco KBW Bank ETF Sold out 0.00% −0.09
QCOM Qualcomm Inc. Sold out 0.00% −0.09
XEL Xcel Energy Inc. Reduce -33.6% 0.14% −0.08
AMT American Tower Corp. Sold out 0.00% −0.07
PEP Pepsico Inc. Sold out 0.00% −0.06
AVGO Broadcom Inc. Reduce -50.7% 0.12% −0.03
MSFT Microsoft Corp. Reduce -17.8% 0.77% +0.06
GOOGL Alphabet Inc. Class A Reduce -1.0% 0.92% +0.10
IJH iShares Core S&P Midcap ETF Reduce -0.1% 10.52% +9.59

Portfolio Buys Q1 2025 → Q2 2025
BBJP JPMorgan Betabuilders Japan New 4.42% +4.42
INDA iShares MSCI India ETF New 3.47% +3.47
META Meta Platforms Inc. Class A New 1.47% +1.47
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) New 0.51% +0.51
NVDA Nvidia Corp. Add +200.3% 0.58% +0.45
CHA Chagee Holdings Ltd.-ADR New 0.28% +0.28
TPR Tapestry Inc. New 0.22% +0.22
AS Amer Sports Inc. New 0.17% +0.17
AON Aon PLC Class A New 0.17% +0.17
SNPS Synopsys Inc. Add +101.2% 0.21% +0.12
CRM Salesforce Inc. New 0.10% +0.10
MRVL Marvell Technology Inc. New 0.08% +0.08
TMO Thermo Fisher Scientific Inc. Add +109.0% 0.20% +0.08
ABBV Abbvie Inc. New 0.07% +0.07
NEE Nextera Energy Inc. Add +47.9% 0.21% +0.07
BABA Alibaba Group Holding-SP ADR Add +68.1% 0.18% +0.05
AMZN Amazon.com Inc. Add +7.0% 0.23% +0.04
DE Deere & Co. Add +12.3% 0.08% +0.01
UNH Unitedhealth Group Inc. Add +46.1% 0.67% −0.10

Notes & Other Activity Q1 2025 → Q2 2025
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD Add +37.5% 11,000,000 $5.8M
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D New 4,200,000 $2.3M

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