Filed: 1/22/2025ACC: 0001398344-25-000895
📋 What this filing means
SHAH CAPITAL MANAGEMENT filed this quarterly 13F‑HR report disclosing 16 equity positions with a total reported market value of $495.90M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
16
Positions
$495.90M
Total AUM (reported)
49.35M
Total Shares
Allocation by class
SPONSORED ADS$238.85M48.2%
COM NEW$89.64M18.1%
COM$81.84M16.5%
SPON ADR$19.80M4.0%
SPON ADR REP A$13.88M2.8%
SHORT TERM TREAS$13.83M2.8%
COM SHS$13.19M2.7%
Portfolio Concentration
Top 3$329.30M66.4%
4–10$130.23M26.3%
11–25$36.37M7.3%
Top 3 weight
66.4%
Top 10 weight
92.7%
Voting Authority Distribution
Total shares with voting rights: 49.35M
Sole
Full voting authority
49.35M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole16
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings16
Rows:
VEON LTD
SOLEShares4.94M
TypeSH
Market value$198.25M
39.98%
Sole
4.94M
Shared
0.00
None
0.00
NOVAVAX INC
SOLEShares11.15M
TypeSH
Market value$89.64M
18.08%
Sole
11.15M
Shared
0.00
None
0.00
CHINA YUCHAI INTL LTD
SOLEShares4.35M
TypeSH
Market value$41.41M
8.35%
Sole
4.35M
Shared
0.00
None
0.00
EMEREN GROUP LTD
SOLEShares18.82M
TypeSH
Market value$38.20M
7.70%
Sole
18.82M
Shared
0.00
None
0.00
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares308.56K
TypeSH
Market value$19.80M
3.99%
Sole
308.56K
Shared
0.00
None
0.00
CANADIAN SOLAR INC
SOLEShares1.75M
TypeSH
Market value$19.41M
3.91%
Sole
1.75M
Shared
0.00
None
0.00
BAIDU INC
SOLEShares164.66K
TypeSH
Market value$13.88M
2.80%
Sole
164.66K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares237.75K
TypeSH
Market value$13.83M
2.79%
Sole
237.75K
Shared
0.00
None
0.00
GENWORTH FINL INC
SOLEShares1.89M
TypeSH
Market value$13.19M
2.66%
Sole
1.89M
Shared
0.00
None
0.00
ANTERO MIDSTREAM CORP
SOLEShares789.40K
TypeSH
Market value$11.91M
2.40%
Sole
789.40K
Shared
0.00
None
0.00
PARAMOUNT GLOBAL
SOLEShares1.12M
TypeSH
Market value$11.73M
2.36%
Sole
1.12M
Shared
0.00
None
0.00
GANNETT CO INC
SOLEShares1.80M
TypeSH
Market value$9.11M
1.84%
Sole
1.80M
Shared
0.00
None
0.00
VALARIS LTD
SOLEShares121.60K
TypeSH
Market value$5.38M
1.08%
Sole
121.60K
Shared
0.00
None
0.00
CHEER HLDG INC
SOLEShares1.61M
TypeSH
Market value$4.02M
0.81%
Sole
1.61M
Shared
0.00
None
0.00
DOLE PLC
SOLEShares275.89K
TypeSH
Market value$3.74M
0.75%
Sole
275.89K
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
SOLEShares28.28K
TypeSH
Market value$2.40M
0.48%
Sole
28.28K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VEON LTDSOLE | SPONSORED ADS | 4.94M | SH | $198.25M 39.98% | 4.94M | 0.00 | 0.00 |
NOVAVAX INCSOLE | COM NEW | 11.15M | SH | $89.64M 18.08% | 11.15M | 0.00 | 0.00 |
CHINA YUCHAI INTL LTDSOLE | COM | 4.35M | SH | $41.41M 8.35% | 4.35M | 0.00 | 0.00 |
EMEREN GROUP LTDSOLE | SPONSORED ADS | 18.82M | SH | $38.20M 7.70% | 18.82M | 0.00 | 0.00 |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 308.56K | SH | $19.80M 3.99% | 308.56K | 0.00 | 0.00 |
CANADIAN SOLAR INCSOLE | COM | 1.75M | SH | $19.41M 3.91% | 1.75M | 0.00 | 0.00 |
BAIDU INCSOLE | SPON ADR REP A | 164.66K | SH | $13.88M 2.80% | 164.66K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | SHORT TERM TREAS | 237.75K | SH | $13.83M 2.79% | 237.75K | 0.00 | 0.00 |
GENWORTH FINL INCSOLE | COM SHS | 1.89M | SH | $13.19M 2.66% | 1.89M | 0.00 | 0.00 |
ANTERO MIDSTREAM CORPSOLE | COM | 789.40K | SH | $11.91M 2.40% | 789.40K | 0.00 | 0.00 |
PARAMOUNT GLOBALSOLE | CLASS B COM | 1.12M | SH | $11.73M 2.36% | 1.12M | 0.00 | 0.00 |
GANNETT CO INCSOLE | COM | 1.80M | SH | $9.11M 1.84% | 1.80M | 0.00 | 0.00 |
VALARIS LTDSOLE | CL A | 121.60K | SH | $5.38M 1.08% | 121.60K | 0.00 | 0.00 |
CHEER HLDG INCSOLE | SHS CL A | 1.61M | SH | $4.02M 0.81% | 1.61M | 0.00 | 0.00 |
DOLE PLCSOLE | ORD SHS | 275.89K | SH | $3.74M 0.75% | 275.89K | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 28.28K | SH | $2.40M 0.48% | 28.28K | 0.00 | 0.00 |