SHAH CAPITAL MANAGEMENT
CIK: 0001383838SEC EDGAR →
Portfolio Value
$518.5M
Holdings
12
As of
Q4 2025
New Positions
1
Closed Positions
1
Portfolio Value History
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | VEON LTD | 4,895,252 | $257.3M | 49.63% |
| 2 | NOVAVAX INC | 14,558,780 | $97.8M | 18.87% |
| 3 | CHINA YUCHAI INTL LTD | 1,646,397 | $58.4M | 11.27% |
| 4 | CANADIAN SOLAR INC | 970,000 | $23.1M | 4.45% |
| 5 | VANGUARD SCOTTSDALE FDS | 356,178 | $20.9M | 4.03% |
| 6 | NEW ORIENTAL ED & TECHNOLOGY | 304,744 | $16.8M | 3.23% |
| 7 | TRONOX HOLDINGS PLC | 3,000,000 | $12.5M | 2.41% |
| 8 | ANTERO MIDSTREAM CORP | 586,000 | $10.4M | 2.01% |
| 9 | USA TODAY CO INC | 1,800,000 | $9.3M | 1.79% |
| 10 | DOLE PLC | 461,521 | $6.9M | 1.33% |
Quarterly Changes
Top Buys
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Communication Services | 2 | $266.6M | 51.4% |
| Unknown | 3 | $119.0M | 23.0% |
| Industrials | 1 | $58.4M | 11.3% |
| Energy | 2 | $33.5M | 6.5% |
| Financial Services | 1 | $20.9M | 4.0% |
| Basic Materials | 1 | $12.5M | 2.4% |
| Consumer Defensive | 1 | $6.9M | 1.3% |
| Technology | 1 | $583K | 0.1% |