Fosun International Ltd

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Fosun International Ltd reported 46 stock positions worth $267.4 million. Its top holding was Lanvin (LANV) at 70.3% of the portfolio, followed by Butterfly Network (BFLY, 7.7%) and Xtrackers Harvest Csi 300 CH (ASHR, 6.4%). Compared with Q2 2025, it opened 2 new positions, sold out of 8, added to 4 and reduced 8. The biggest buy was a new position in Hesai (HSAI) and the biggest sale an exit from iShares Core S&P Midcap ETF (IJH).

Most Recent 13F
Q2 2026
Location
HONG KONG, F4
CIK
0001447884
Portfolio Value
$267.4M (Q3 2025)
SEC Filing
0001104659-25-111706 ↗ filed Nov 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 Q2 2025 Q3 2025: $267.4M $267.4M Q3 2025 Q4 2025: $394.7M Q4 2025 Q1 2026: $365.3M Q1 2026 Q2 2026: $412.9M Q2 2026

Holdings 46 stocks · $267.4M
LANV Lanvin Group Holdings Ltd. 70.26% 90,334,215 $187.9M No change
BFLY Butterfly Network Inc. 7.73% 10,716,630 $20.7M No change
ASHR Xtrackers Harvest Csi 300 CH 6.42% 520,270 $17.2M No change
GOOGL Alphabet Inc. Class A 1.41% 15,535 $3.8M Reduce -15.2%
JG Aurora Mobile Ltd.-ADR 1.25% 405,199 $3.3M No change
HSAI Hesai Group 1.17% 111,608 $3.1M New
MSFT Microsoft Corp. 1.06% 5,450 $2.8M No change
HYPR Hyperfine Inc. 0.94% 1,742,020 $2.5M No change
UNH Unitedhealth Group Inc. 0.92% 7,131 $2.5M Reduce -5.4%
NVDA Nvidia Corp. 0.90% 12,935 $2.4M No change
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) 0.68% 2,000,000 $1.8M No change
ADBE Adobe Inc. 0.61% 4,661 $1.6M No change
QSI Quantum-Si Inc. 0.39% 743,935 $1.0M No change
SNPS Synopsys Inc. 0.37% 2,005 $989K Add +37.6%
V Visa Inc. Class A 0.36% 2,795 $954K Reduce -23.8%
TMO Thermo Fisher Scientific Inc. 0.31% 1,726 $837K No change
AMZN Amazon.com Inc. 0.30% 3,679 $808K No change
NATR Natures Sunshine Prods Inc. 0.28% 47,758 $741K Reduce -25.6%
LOW Lowe's Cos Inc. 0.24% 2,566 $645K No change
MRVL Marvell Technology Inc. 0.24% 7,660 $644K Add +105.1%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.24% 2,075 $643K No change
AAPL Apple Inc. 0.24% 2,500 $637K New
CHA Chagee Holdings Ltd.-ADR 0.24% 38,397 $635K Add +1.7%
AON Aon PLC Class A 0.22% 1,677 $598K No change
BABA Alibaba Group Holding-SP ADR 0.22% 3,230 $577K Reduce -40.5%
CB Chubb Ltd. 0.21% 1,954 $552K No change
AS Amer Sports Inc. 0.20% 15,500 $539K No change
WM Waste Management Inc. 0.20% 2,401 $530K No change
META Meta Platforms Inc. Class A 0.19% 700 $514K No change
SYY Sysco Corp. 0.19% 6,224 $512K No change
AVGO Broadcom Inc. 0.19% 1,523 $502K No change
SPGI S&P Global Inc. 0.18% 985 $479K No change
BDX Becton Dickinson and Co. 0.18% 2,520 $472K No change
ABBV Abbvie Inc. 0.18% 2,027 $469K Add +51.3%
OXY Occidental Petroleum Corp. 0.16% 8,797 $416K No change
LIN Linde PLC 0.15% 860 $409K No change
ADI Analog Devices Inc. 0.12% 1,333 $328K No change
TMUS T-Mobile US Inc. 0.12% 1,343 $321K No change
CRM Salesforce Inc. 0.12% 1,302 $309K No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.10% 4,347 $268K No change
DE Deere & Co. 0.09% 547 $250K No change
TSM Taiwan Semiconductor-SP ADR 0.09% 855 $239K Reduce -34.0%
DHR Danaher Corp. 0.09% 1,200 $238K No change
TECK Teck Resources Ltd.-CLS B 0.08% 5,066 $222K Reduce -50.0%
NEE Nextera Energy Inc. 0.08% 2,749 $208K Reduce -74.5%
KO The Coca-Cola Co. 0.07% 3,016 $200K No change

Portfolio Sells Q2 2025 → Q3 2025
IJH iShares Core S&P Midcap ETF Sold out 0.00% −10.52
BBJP JPMorgan Betabuilders Japan Sold out 0.00% −4.42
INDA iShares MSCI India ETF Sold out 0.00% −3.47
MCHI iShares MSCI China ETF Sold out 0.00% −1.66
KWEB Kranesh Csi China Internet Sold out 0.00% −1.03
TPR Tapestry Inc. Sold out 0.00% −0.22
XEL Xcel Energy Inc. Sold out 0.00% −0.14
NEE Nextera Energy Inc. Reduce -74.5% 0.08% −0.14
TECK Teck Resources Ltd.-CLS B Reduce -50.0% 0.08% −0.03
ULYX Urgent.ly Inc. Sold out 0.00% −0.01
V Visa Inc. Class A Reduce -23.8% 0.36% −0.01
TSM Taiwan Semiconductor-SP ADR Reduce -34.0% 0.09% +0.01
NATR Natures Sunshine Prods Inc. Reduce -25.6% 0.28% +0.01
BABA Alibaba Group Holding-SP ADR Reduce -40.5% 0.22% +0.04
UNH Unitedhealth Group Inc. Reduce -5.4% 0.92% +0.25
GOOGL Alphabet Inc. Class A Reduce -15.2% 1.41% +0.49

Portfolio Buys Q2 2025 → Q3 2025
HSAI Hesai Group New 1.17% +1.17
AAPL Apple Inc. New 0.24% +0.24
MRVL Marvell Technology Inc. Add +105.1% 0.24% +0.16
SNPS Synopsys Inc. Add +37.6% 0.37% +0.16
ABBV Abbvie Inc. Add +51.3% 0.18% +0.11
CHA Chagee Holdings Ltd.-ADR Add +1.7% 0.24% −0.04

Notes & Other Activity Q2 2025 → Q3 2025
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD Sold out 11,000,000 $5.8Mbefore exit
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D Sold out 4,200,000 $2.3Mbefore exit

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