Nan Shan Life Insurance Co., Ltd.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Nan Shan Life Insurance Co., Ltd. reported 87 stock positions worth $2.8 billion. Its top holding was Alphabet Class A (GOOGL) at 6.2% of the portfolio, followed by Costco Wholesale (COST, 4.8%) and Apple (AAPL, 4.0%). Compared with Q4 2025, it opened 28 new positions, sold out of 23, added to 15 and reduced 26. The biggest buy was Alphabet Class A (GOOGL, shares +543%) and the biggest sale an exit from iShares 20+ Year Treasury BD (TLT).
- Most Recent 13F
- Q2 2026
- Location
- Taipei City, F5
- CIK
- 0001730464
- Portfolio Value
- $2.8B (Q1 2026)
- SEC Filing
- 0000950103-26-007178 ↗ filed May 14, 2026
Holdings Value
Holdings 87 stocks · $2.8B
| GOOGL Alphabet Inc. Class A | 6.24% | 599,733 | $172.5M | Add +543.4% |
| COST Costco Wholesale Corp. | 4.76% | 131,842 | $131.4M | Add +31.2% |
| AAPL Apple Inc. | 3.97% | 431,798 | $109.6M | Add +4053.5% |
| VZ Verizon Communications Inc. | 3.80% | 2,088,591 | $104.8M | Reduce -28.2% |
| QCOM Qualcomm Inc. | 3.72% | 798,331 | $102.8M | No change |
| MSFT Microsoft Corp. | 3.65% | 272,642 | $100.9M | Add +64.4% |
| ETN Eaton Corp. PLC | 3.56% | 275,247 | $98.4M | New |
| NVDA Nvidia Corp. | 3.25% | 514,681 | $89.8M | Add +373.5% |
| PFE Pfizer Inc. | 3.12% | 3,070,309 | $86.2M | Add +73.6% |
| META Meta Platforms Inc. Class A | 3.07% | 148,044 | $84.7M | Add +14.0% |
| QQQ Invesco QQQ Trust Series 1 | 2.83% | 135,377 | $78.1M | New |
| NFLX Netflix Inc. | 2.82% | 810,170 | $77.9M | No change |
| V Visa Inc. Class A | 2.47% | 225,986 | $68.3M | Reduce -36.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.20% | 630,489 | $60.8M | No change |
| BMY Bristol-Myers Squibb Co. | 2.06% | 939,759 | $57.0M | No change |
| GDX Vaneck Gold Miners ETF | 1.95% | 586,380 | $53.8M | New |
| NOW ServiceNow Inc. | 1.95% | 514,260 | $53.8M | No change |
| AMZN Amazon.com Inc. | 1.79% | 237,255 | $49.4M | Add +387.9% |
| JPM JPMorgan Chase & Co. | 1.75% | 164,353 | $48.3M | Add +601.9% |
| APTV Aptiv PLC | 1.73% | 687,462 | $47.7M | Reduce -0.0% |
| AVGO Broadcom Inc. | 1.65% | 147,171 | $45.6M | Add +201.2% |
| EW Edwards Lifesciences Corp. | 1.60% | 552,221 | $44.2M | No change |
| VOO Vanguard S&P 500 ETF | 1.48% | 68,445 | $40.9M | New |
| MRVL Marvell Technology Inc. | 1.40% | 390,369 | $38.7M | Reduce -21.4% |
| NKE Nike Inc. Class B | 1.31% | 685,946 | $36.2M | Reduce -0.5% |
| ISRG Intuitive Surgical Inc. | 1.29% | 77,481 | $35.7M | Add +110.5% |
| GRID First TRST Nasd Class Edg Sgiif | 1.29% | 217,775 | $35.6M | New |
| XYZ Block Inc. | 1.20% | 552,700 | $33.3M | Reduce -0.5% |
| NEM Newmont Corp. | 1.20% | 305,814 | $33.1M | New |
| IEMG iShares Core MSCI Emerging | 1.15% | 456,506 | $31.8M | New |
| UNH Unitedhealth Group Inc. | 1.15% | 117,643 | $31.8M | Reduce -1.5% |
| CME Cme Group Inc. | 1.10% | 102,540 | $30.3M | New |
| CVS CVS Health Corp. | 1.07% | 411,050 | $29.5M | No change |
| XLV SS Health Care Select Sector | 1.04% | 195,277 | $28.6M | Add +141.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.00% | 565,955 | $27.6M | New |
| WST West Pharmaceutical Services | 1.00% | 109,867 | $27.5M | No change |
| CRM Salesforce Inc. | 0.93% | 137,794 | $25.7M | Reduce -1.8% |
| PG The Procter & Gamble Co. | 0.90% | 172,826 | $25.0M | Reduce -37.5% |
| IGV iShares Expanded Tech-Softwa | 0.89% | 306,916 | $24.6M | New |
| UBER Uber Technologies Inc. | 0.89% | 341,325 | $24.6M | New |
| TXN Texas Instruments Inc. | 0.82% | 117,201 | $22.8M | Reduce -54.0% |
| ON On Semiconductor | 0.81% | 360,013 | $22.3M | Reduce -0.2% |
| VPU Vanguard Utilities ETF | 0.76% | 105,964 | $21.0M | New |
| SPGI S&P Global Inc. | 0.73% | 47,664 | $20.3M | Reduce -52.2% |
| BP BP PLC-Spons ADR | 0.71% | 416,772 | $19.6M | Reduce -31.1% |
| PYPL PayPal Holdings Inc. | 0.71% | 431,342 | $19.5M | Reduce -0.3% |
| KMI Kinder Morgan Inc. | 0.70% | 577,243 | $19.4M | Reduce -21.7% |
| ADBE Adobe Inc. | 0.68% | 76,765 | $18.7M | Reduce -4.3% |
| XBI SS SPDR S&P Biotech ETF | 0.64% | 138,611 | $17.7M | Add +130.0% |
| INTC Intel Corp. | 0.63% | 391,878 | $17.3M | Reduce -71.0% |
| QUAL iShares MSCI USA Quality Fac | 0.54% | 77,200 | $14.8M | No change |
| LLY Eli Lilly & Co. | 0.52% | 15,686 | $14.4M | New |
| SMH Vaneck Semiconductor ETF | 0.51% | 36,387 | $14.0M | New |
| RACE Ferrari NV | 0.49% | 40,716 | $13.6M | No change |
| RCL Royal Caribbean Cruises Ltd. | 0.44% | 44,584 | $12.3M | New |
| VLO Valero Energy Corp. | 0.44% | 49,332 | $12.2M | New |
| GILD Gilead Sciences Inc. | 0.42% | 82,838 | $11.5M | No change |
| FDN First Trust DJ Internet Ind | 0.37% | 44,000 | $10.3M | New |
| LRCX Lam Research Corp. | 0.36% | 46,575 | $10.0M | New |
| KRE SS SPDR S&P Regional Bank | 0.35% | 148,039 | $9.6M | Reduce -36.1% |
| VAW Vanguard Materials ETF | 0.32% | 38,836 | $8.8M | New |
| CSCO Cisco Systems Inc. | 0.30% | 107,402 | $8.3M | New |
| RSP Invesco S&P 500 Equal Weight | 0.29% | 41,532 | $8.0M | No change |
| MA Mastercard Inc. Class A | 0.27% | 15,000 | $7.5M | No change |
| XLE SS Energy Select Sector | 0.26% | 117,700 | $7.2M | New |
| MCHI iShares MSCI China ETF | 0.26% | 126,555 | $7.1M | New |
| BOTZ Global X Robotics & Artifici | 0.24% | 196,000 | $6.5M | Add +145.0% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.22% | 120,000 | $6.2M | Reduce -28.8% |
| ITB iShares U.S. Home Constructi | 0.22% | 67,229 | $6.1M | Reduce -12.8% |
| TRTX TPG Re Finance Trust Inc. | 0.20% | 711,605 | $5.6M | Reduce -74.8% |
| ILMN Illumina Inc. | 0.17% | 37,409 | $4.6M | Reduce -0.2% |
| SNPS Synopsys Inc. | 0.17% | 11,514 | $4.6M | No change |
| YUMC Yum China Holdings Inc. | 0.15% | 85,400 | $4.2M | No change |
| MU Micron Technology Inc. | 0.15% | 12,143 | $4.1M | New |
| IAI iShares U.S. Broker-Dealers | 0.12% | 20,580 | $3.4M | New |
| AMD Advanced Micro Devices | 0.12% | 15,855 | $3.2M | Add +75.1% |
| TSLA Tesla Inc. | 0.12% | 8,595 | $3.2M | New |
| SPOT Spotify Technology SA | 0.11% | 6,000 | $2.9M | No change |
| FCX Freeport-McMoran Inc. | 0.11% | 49,442 | $2.9M | Reduce -73.4% |
| ADI Analog Devices Inc. | 0.08% | 6,888 | $2.2M | New |
| COPX Global X Copper Miners ETF | 0.08% | 27,871 | $2.1M | New |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.06% | 23,516 | $1.7M | Reduce -0.1% |
| XLP SS Consumer Staples Sel Sect | 0.05% | 16,888 | $1.4M | No change |
| SWKS Skyworks Solutions Inc. | 0.05% | 25,376 | $1.4M | Reduce -0.1% |
| EOG EOG Resources Inc. | 0.03% | 5,069 | $733K | No change |
| LEN Lennar Corp. Class A | 0.02% | 5,131 | $446K | Reduce -0.0% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.01% | 169 | $223K | New |
Portfolio Sells Q4 2025 → Q1 2026
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −10.72 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Sold out | 0.00% | −8.92 |
| VGLT Vanguard Long-Term Treasury | Sold out | 0.00% | −5.26 |
| O Realty Income Corp. | Sold out | 0.00% | −3.29 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −3.19 |
| RITM Rithm Capital Corp. | Sold out | 0.00% | −1.44 |
| V Visa Inc. Class A | Reduce -36.8% | 2.47% | −1.38 |
| SDY SS SPDR S&P Dividend ETF | Sold out | 0.00% | −1.06 |
| JNK SS SPDR BB High Yield Bond | Sold out | 0.00% | −1.01 |
| INTC Intel Corp. | Reduce -71.0% | 0.63% | −0.91 |
| EXR Extra Space Storage Inc. | Sold out | 0.00% | −0.88 |
| SPGI S&P Global Inc. | Reduce -52.2% | 0.73% | −0.87 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.79 |
| KREF KKR Real Estate Finance Trus | Sold out | 0.00% | −0.77 |
| PLD Prologis Inc. | Sold out | 0.00% | −0.73 |
| REXR Rexford Industrial Realty Inc. | Sold out | 0.00% | −0.62 |
| TRTX TPG Re Finance Trust Inc. | Reduce -74.8% | 0.20% | −0.55 |
| TXN Texas Instruments Inc. | Reduce -54.0% | 0.82% | −0.54 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.52 |
| PSA Public Storage | Sold out | 0.00% | −0.49 |
| HST Host Hotels & Resorts Inc. | Sold out | 0.00% | −0.43 |
| VMRK Vivmark Residential | Sold out | 0.00% | −0.41 |
| VIGI Vanguard Int Div App Indx FD | Sold out | 0.00% | −0.39 |
| PG The Procter & Gamble Co. | Reduce -37.5% | 0.90% | −0.32 |
| COLD Americold Realty Trust Inc. | Sold out | 0.00% | −0.30 |
| CRM Salesforce Inc. | Reduce -1.8% | 0.93% | −0.21 |
| AVB Avalonbay Communities Inc. | Sold out | 0.00% | −0.21 |
| ADBE Adobe Inc. | Reduce -4.3% | 0.68% | −0.19 |
| FCX Freeport-McMoran Inc. | Reduce -73.4% | 0.11% | −0.18 |
| TLH iShares 10-20 Year Treasury | Sold out | 0.00% | −0.17 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.13 |
| KRE SS SPDR S&P Regional Bank | Reduce -36.1% | 0.35% | −0.11 |
| PYPL PayPal Holdings Inc. | Reduce -0.3% | 0.71% | −0.07 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -1.5% | 1.15% | −0.06 |
| NKE Nike Inc. Class B | Reduce -0.5% | 1.31% | −0.04 |
| EL Estee Lauder Companies Class A | Reduce -0.1% | 0.06% | −0.01 |
| ITB iShares U.S. Home Constructi | Reduce -12.8% | 0.22% | −0.01 |
| SWKS Skyworks Solutions Inc. | Reduce -0.1% | 0.05% | −0.00 |
| LEN Lennar Corp. Class A | Reduce -0.0% | 0.02% | −0.00 |
| ILMN Illumina Inc. | Reduce -0.2% | 0.17% | +0.02 |
| SLB SLB Ltd. | Reduce -28.8% | 0.22% | +0.02 |
| BP BP PLC-Spons ADR | Reduce -31.1% | 0.71% | +0.06 |
| KMI Kinder Morgan Inc. | Reduce -21.7% | 0.70% | +0.08 |
| XYZ Block Inc. | Reduce -0.5% | 1.20% | +0.09 |
| MRVL Marvell Technology Inc. | Reduce -21.4% | 1.40% | +0.10 |
| APTV Aptiv PLC | Reduce -0.0% | 1.73% | +0.12 |
| VZ Verizon Communications Inc. | Reduce -28.2% | 3.80% | +0.15 |
| ON On Semiconductor | Reduce -0.2% | 0.81% | +0.21 |
Portfolio Buys Q4 2025 → Q1 2026
| GOOGL Alphabet Inc. Class A | Add +543.4% | 6.24% | +5.35 |
| AAPL Apple Inc. | Add +4053.5% | 3.97% | +3.88 |
| ETN Eaton Corp. PLC | New | 3.56% | +3.56 |
| QQQ Invesco QQQ Trust Series 1 | New | 2.83% | +2.83 |
| NVDA Nvidia Corp. | Add +373.5% | 3.25% | +2.63 |
| COST Costco Wholesale Corp. | Add +31.2% | 4.76% | +2.09 |
| GDX Vaneck Gold Miners ETF | New | 1.95% | +1.95 |
| PFE Pfizer Inc. | Add +73.6% | 3.12% | +1.77 |
| JPM JPMorgan Chase & Co. | Add +601.9% | 1.75% | +1.52 |
| VOO Vanguard S&P 500 ETF | New | 1.48% | +1.48 |
| AMZN Amazon.com Inc. | Add +387.9% | 1.79% | +1.44 |
| GRID First TRST Nasd Class Edg Sgiif | New | 1.29% | +1.29 |
| NEM Newmont Corp. | New | 1.20% | +1.20 |
| MSFT Microsoft Corp. | Add +64.4% | 3.65% | +1.19 |
| IEMG iShares Core MSCI Emerging | New | 1.15% | +1.15 |
| AVGO Broadcom Inc. | Add +201.2% | 1.65% | +1.13 |
| CME Cme Group Inc. | New | 1.10% | +1.10 |
| BAC Bank of America Corp. | New | 1.00% | +1.00 |
| IGV iShares Expanded Tech-Softwa | New | 0.89% | +0.89 |
| UBER Uber Technologies Inc. | New | 0.89% | +0.89 |
| VPU Vanguard Utilities ETF | New | 0.76% | +0.76 |
| ISRG Intuitive Surgical Inc. | Add +110.5% | 1.29% | +0.65 |
| XLV SS Health Care Select Sector | Add +141.1% | 1.04% | +0.65 |
| LLY Eli Lilly & Co. | New | 0.52% | +0.52 |
| SMH Vaneck Semiconductor ETF | New | 0.51% | +0.51 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.44% | +0.44 |
| VLO Valero Energy Corp. | New | 0.44% | +0.44 |
| META Meta Platforms Inc. Class A | Add +14.0% | 3.07% | +0.43 |
| XBI SS SPDR S&P Biotech ETF | Add +130.0% | 0.64% | +0.41 |
| FDN First Trust DJ Internet Ind | New | 0.37% | +0.37 |
| LRCX Lam Research Corp. | New | 0.36% | +0.36 |
| VAW Vanguard Materials ETF | New | 0.32% | +0.32 |
| CSCO Cisco Systems Inc. | New | 0.30% | +0.30 |
| XLE SS Energy Select Sector | New | 0.26% | +0.26 |
| MCHI iShares MSCI China ETF | New | 0.26% | +0.26 |
| MU Micron Technology Inc. | New | 0.15% | +0.15 |
| BOTZ Global X Robotics & Artifici | Add +145.0% | 0.24% | +0.15 |
| IAI iShares U.S. Broker-Dealers | New | 0.12% | +0.12 |
| TSLA Tesla Inc. | New | 0.12% | +0.12 |
| ADI Analog Devices Inc. | New | 0.08% | +0.08 |
| COPX Global X Copper Miners ETF | New | 0.08% | +0.08 |
| AMD Advanced Micro Devices | Add +75.1% | 0.12% | +0.06 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 82 | $3.2B | GOOGL, AAPL, NVDA, MSFT, AMD |
| Q1 2026 | 87 | $2.8B | GOOGL, COST, AAPL, VZ, QCOM |
| Q4 2025 | 82 | $3.3B | TLT, SPTL, VGLT, QCOM, V |
| Q3 2025 | 103 | $4.7B | TLT, SPTL, VGLT, AAPL, GOOGL |
| Q2 2025 | 116 | $4.5B | TLT, SPTL, VGLT, AAPL, VZ |
| Q1 2025 | 112 | $4.2B | TLT, SPTL, VGLT, MSFT, AAPL |
| Q4 2024 | 111 | $4.2B | TLT, SPTL, VGLT, MSFT, GOOGL |
| Q3 2024 | 98 | $4.2B | TLT, SPTL, GOOGL, VGLT, MSFT |
| Q2 2024 | 104 | $4.2B | TLT, SPTL, VGLT, MSFT, GOOGL |
| Q1 2024 | 104 | $4.3B | TLT, SPTL, VGLT, GOOGL, QCOM |