Latest SHAH CAPITAL MANAGEMENT Stock Portfolio
SHAH CAPITAL MANAGEMENT Performance:
2025 Q4: -5%YTD: 31.06%2024: 30.12%
Performance for 2025 Q4 is -5%, and YTD is 31.06%, and 2024 is 30.12%.
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 $518.5 Millions as of 31 Dec, 2025.
The top stock holdings of SHAH CAPITAL MANAGEMENT are , NVAX, CYD. The fund has invested 49.6% of it's portfolio in VEON LTD and 18.9% of portfolio in NOVAVAX INC.
The fund managers got completely rid off EMEREN GROUP LTD (SOL) and CHEER HLDG INC (GSMG) stocks. They significantly reduced their stock positions in CANADIAN SOLAR INC (CSIQ), CHINA YUCHAI INTL LTD (CYD) and VANGUARD SCOTTSDALE FDS (BNDW). SHAH CAPITAL MANAGEMENT opened new stock positions in WOLFSPEED INC. The fund showed a lot of confidence in some stocks as they added substantially to TRONOX HOLDINGS PLC (TROX), DOLE PLC and NOVAVAX INC (NVAX).
The top stock holdings of SHAH CAPITAL MANAGEMENT are , NVAX, CYD. The fund has invested 49.6% of it's portfolio in VEON LTD and 18.9% of portfolio in NOVAVAX INC.
The fund managers got completely rid off EMEREN GROUP LTD (SOL) and CHEER HLDG INC (GSMG) stocks. They significantly reduced their stock positions in CANADIAN SOLAR INC (CSIQ), CHINA YUCHAI INTL LTD (CYD) and VANGUARD SCOTTSDALE FDS (BNDW). SHAH CAPITAL MANAGEMENT opened new stock positions in WOLFSPEED INC. The fund showed a lot of confidence in some stocks as they added substantially to TRONOX HOLDINGS PLC (TROX), DOLE PLC and NOVAVAX INC (NVAX).
SHAH CAPITAL MANAGEMENT Annual Return Estimates Vs S&P 500
Our best estimate is that SHAH CAPITAL MANAGEMENT made a return of -5% in the last quarter. In trailing 12 months, it's portfolio return was 31.06%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| wolfspeed inc | 583,131 |
New stocks bought by SHAH CAPITAL MANAGEMENT
Additions
| Ticker | % Inc. |
|---|---|
| tronox holdings plc | 650 |
| dole plc | 67.58 |
| novavax inc | 23.26 |
| veon ltd | 1.47 |
Additions to existing portfolio by SHAH CAPITAL MANAGEMENT
Reductions
| Ticker | % Reduced |
|---|---|
| canadian solar inc | -42.48 |
| china yuchai intl ltd | -1.57 |
| vanguard scottsdale fds | -0.1 |
SHAH CAPITAL MANAGEMENT reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| emeren group ltd | -35,566,500 |
| cheer hldg inc | -1,461,710 |
SHAH CAPITAL MANAGEMENT got rid off the above stocks
Sector Distribution
SHAH CAPITAL MANAGEMENT has about 74.9% of it's holdings in Others sector.
- Others
- Healthcare
- Basic Materials
- Energy
- Communication Services
| Sector | % |
|---|---|
| Others | 74.9 |
| Healthcare | 18.9 |
| Basic Materials | 2.4 |
| Energy | 2 |
| Communication Services | 1.8 |
Market Cap. Distribution
SHAH CAPITAL MANAGEMENT has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
- UNALLOCATED
- SMALL-CAP
- MID-CAP
| Category | % |
|---|---|
| UNALLOCATED | 74.9 |
| SMALL-CAP | 20.7 |
| MID-CAP | 4.4 |
Stocks belong to which Index?
About 23.1% of the stocks held by SHAH CAPITAL MANAGEMENT either belong to S&P 500 or RUSSELL 2000 index.
- Others
- RUSSELL 2000
| Index | % |
|---|---|
| Others | 76.9 |
| RUSSELL 2000 | 23.1 |
SHAH CAPITAL MANAGEMENT Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of SHAH CAPITAL MANAGEMENT
SHAH CAPITAL MANAGEMENT has 12 stocks in it's portfolio. NVAX proved to be the most loss making stock for the portfolio. CSIQ was the most profitable stock for SHAH CAPITAL MANAGEMENT last quarter.
Last Reported on: 15 Jan, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AM | antero midstream corp | 2.01 | 586,000 | 10,424,900 | unchanged | 0.00 | ||
| BNDW | vanguard scottsdale fds | 4.03 | 356,178 | 20,918,300 | reduced | -0.1 | ||
| CSIQ | canadian solar inc | 4.45 | 970,000 | 23,056,900 | reduced | -42.48 | ||
| CYD | china yuchai intl ltd | 11.27 | 1,646,400 | 58,447,100 | reduced | -1.57 | ||
| GCI | usa today co inc | 1.79 | 1,800,000 | 9,270,000 | unchanged | 0.00 | ||
| GSMG | cheer hldg inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| NVAX | novavax inc | 18.87 | 14,558,800 | 97,835,000 | added | 23.26 | ||
| SOL | emeren group ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| TROX | tronox holdings plc | 2.41 | 3,000,000 | 12,510,000 | added | 650 | ||
| veon ltd | 49.63 | 4,895,250 | 257,343,000 | added | 1.47 | |||
| new oriental ed & technology | 3.23 | 304,744 | 16,770,100 | unchanged | 0.00 | |||
| dole plc | 1.33 | 461,521 | 6,918,200 | added | 67.58 | |||
| baidu inc | 0.86 | 33,935 | 4,433,950 | unchanged | 0.00 | |||
| wolfspeed inc | 0.11 | 33,494 | 583,131 | new | ||||