13F HOLDINGS REPORT
SHAH CAPITAL MANAGEMENT
Quarter ended Q1 2025 · Filed May 14, 2025 · Accession 0001398344-25-009346
Total Value
$489.6M
Positions
17
Other Managers
0
Confidential Omitted
No
Holdings (17)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VEON LTD | VEON | 4,942,790 | $215.6M | 44.03% |
| 2 | NOVAVAX INC | NVAX | 11,131,846 | $71.4M | 14.58% |
| 3 | CHINA YUCHAI INTL LTD | G21082105 | 3,324,022 | $56.5M | 11.54% |
| 4 | EMEREN GROUP LTD | 75971T301 | 18,818,236 | $29.5M | 6.03% |
| 5 | VANGUARD SCOTTSDALE FDS | 92206C102 | 373,988 | $21.9M | 4.48% |
| 6 | CANADIAN SOLAR INC | CSIQ | 1,906,285 | $16.5M | 3.37% |
| 7 | PARAMOUNT GLOBAL | 92556H206 | 1,340,173 | $16.0M | 3.27% |
| 8 | NEW ORIENTAL ED & TECHNOLOGY | 647581206 | 306,250 | $14.6M | 2.99% |
| 9 | ANTERO MIDSTREAM CORP | AM | 765,565 | $13.8M | 2.81% |
| 10 | GENWORTH FINL INC | 37247D106 | 1,090,743 | $7.7M | 1.58% |
| 11 | WOLFSPEED INC | WOLF | 2,152,225 | $6.6M | 1.35% |
| 12 | GANNETT CO INC | TDAY | 1,800,000 | $5.2M | 1.06% |
| 13 | VALARIS LTD | VAL-WT | 120,506 | $4.7M | 0.97% |
| 14 | DOLE PLC | DOLE | 271,232 | $3.9M | 0.80% |
| 15 | CHEER HLDG INC | CHR | 1,705,050 | $2.3M | 0.46% |
| 16 | XEROX HOLDINGS CORP | XRXDW | 418,794 | $2.0M | 0.41% |
| 17 | BAIDU INC | BAIDF | 13,935 | $1.3M | 0.26% |