Latest SHAH CAPITAL MANAGEMENT Stock Portfolio
About SHAH CAPITAL MANAGEMENT and 13F Hedge Fund Stock Holdings
SHAH CAPITAL MANAGEMENT is a hedge fund based in RALEIGH, NC. On 25-Apr-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $545.9 Millions. In it's latest 13F Holdings report, SHAH CAPITAL MANAGEMENT reported an equity portfolio of $559 Millions as of 30 Sep, 2025.
The top stock holdings of SHAH CAPITAL MANAGEMENT are , NVAX, CYD. The fund has invested 47% of it's portfolio in VEON LTD and 18.3% of portfolio in NOVAVAX INC.
The fund managers got completely rid off PARAMOUNT GLOBAL (PARA) and VALARIS LTD (VAL) stocks. They significantly reduced their stock positions in CHINA YUCHAI INTL LTD (CYD), CANADIAN SOLAR INC (CSIQ) and VANGUARD SCOTTSDALE FDS (BNDW). SHAH CAPITAL MANAGEMENT opened new stock positions in TRONOX HOLDINGS PLC (TROX). The fund showed a lot of confidence in some stocks as they added substantially to NOVAVAX INC (NVAX), CHEER HLDG INC (GSMG) and DOLE PLC.
The top stock holdings of SHAH CAPITAL MANAGEMENT are , NVAX, CYD. The fund has invested 47% of it's portfolio in VEON LTD and 18.3% of portfolio in NOVAVAX INC.
The fund managers got completely rid off PARAMOUNT GLOBAL (PARA) and VALARIS LTD (VAL) stocks. They significantly reduced their stock positions in CHINA YUCHAI INTL LTD (CYD), CANADIAN SOLAR INC (CSIQ) and VANGUARD SCOTTSDALE FDS (BNDW). SHAH CAPITAL MANAGEMENT opened new stock positions in TRONOX HOLDINGS PLC (TROX). The fund showed a lot of confidence in some stocks as they added substantially to NOVAVAX INC (NVAX), CHEER HLDG INC (GSMG) and DOLE PLC.
SHAH CAPITAL MANAGEMENT Annual Return Estimates Vs S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| tronox holdings plc | 1,608,000 |
New stocks bought by SHAH CAPITAL MANAGEMENT
Additions
| Ticker | % Inc. |
|---|---|
| novavax inc | 2.61 |
| cheer hldg inc | 2.25 |
| dole plc | 1.54 |
Additions to existing portfolio by SHAH CAPITAL MANAGEMENT
Reductions
| Ticker | % Reduced |
|---|---|
| china yuchai intl ltd | -48.61 |
| canadian solar inc | -10.35 |
| vanguard scottsdale fds | -4.67 |
| veon ltd | -1.92 |
| new oriental ed & technology | -0.19 |
SHAH CAPITAL MANAGEMENT reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| paramount global | -10,193,200 |
| valaris ltd | -5,074,510 |
SHAH CAPITAL MANAGEMENT got rid off the above stocks
Sector Distribution
| Sector | % |
|---|---|
| Others | 71.7 |
| Healthcare | 18.3 |
| Technology | 6.4 |
| Energy | 2 |
| Communication Services | 1.3 |
Market Cap. Distribution
| Category | % |
|---|---|
| UNALLOCATED | 78 |
| SMALL-CAP | 19.7 |
| MID-CAP | 2.3 |
Stocks belong to which Index?
| Index | % |
|---|---|
| Others | 80.1 |
| RUSSELL 2000 | 19.9 |
SHAH CAPITAL MANAGEMENT Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of SHAH CAPITAL MANAGEMENT
Last Reported on: 12 Nov, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AM | antero midstream corp | 2.04 | 586,000 | 11,391,800 | unchanged | 0.00 | ||
| BNDW | vanguard scottsdale fds | 3.75 | 356,528 | 20,981,700 | reduced | -4.67 | ||
| CSIQ | canadian solar inc | 3.93 | 1,686,280 | 21,989,200 | reduced | -10.35 | ||
| CYD | china yuchai intl ltd | 12.38 | 1,672,700 | 69,199,500 | reduced | -48.61 | ||
| GCI | gannett co inc | 1.33 | 1,800,000 | 7,434,000 | unchanged | 0.00 | ||
| GSMG | cheer hldg inc | 0.26 | 2,157,500 | 1,461,710 | added | 2.25 | ||
| NVAX | novavax inc | 18.32 | 11,811,800 | 102,408,000 | added | 2.61 | ||
| PARA | paramount global | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| SOL | emeren group ltd | 6.36 | 18,818,200 | 35,566,500 | unchanged | 0.00 | ||
| TROX | tronox holdings plc | 0.29 | 400,000 | 1,608,000 | new | |||
| VAL | valaris ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| veon ltd | 46.98 | 4,824,420 | 262,593,000 | reduced | -1.92 | |||
| new oriental ed & technology | 2.89 | 304,744 | 16,172,800 | reduced | -0.19 | |||
| baidu inc | 0.80 | 33,935 | 4,471,620 | unchanged | 0.00 | |||
| dole plc | 0.66 | 275,397 | 3,701,340 | added | 1.54 | |||