SHAH CAPITAL MANAGEMENT
CIK 0001383838
Annualised vol
13.542073%
Beta
0.075393
HHI
2982.750729
Top-10 weight
100.0%
VaR 95%
0.804611%
VaR 99%
2.212887%
Max drawdown
15.812276%
Matched value
93.198835%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| VEON | REDUCED | 4,667,578 | 4,890,497 | -4.56% | 243,694,247 |
| NVAX | REDUCED | 14,165,577 | 14,845,097 | -4.58% | 133,439,735 |
| CYD | REDUCED | 1,341,057 | 1,618,441 | -17.14% | 63,579,512 |
| TROX | REDUCED | 2,570,814 | 2,994,154 | -14.14% | 16,196,128 |
| CSIQ | REDUCED | 923,716 | 964,557 | -4.23% | 14,797,930 |
| AM | REDUCED | 556,830 | 586,000 | -4.98% | 12,667,883 |
| DOLE | REDUCED | 440,826 | 458,522 | -3.86% | 6,048,133 |
| WOLF | CLOSED OUT | 0 | 508,948 | -100.0% | 0 |
| TDAY | CLOSED OUT | 0 | 500,000 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| VEON | REDUCED | VEON LTD | SPONSORED ADS | 91822M502 | 243,694,247 | 46.31 | 4667578.0 |
| NVAX | REDUCED | NOVAVAX INC | COM NEW | 670002401 | 133,439,735 | 25.36 | 1.4165577E7 |
| CYD | REDUCED | CHINA YUCHAI INTL LTD | COM | G21082105 | 63,579,512 | 12.08 | 1341057.0 |
| - | VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 | 22,251,257 | 4.23 | 382324.0 | |
| TROX | REDUCED | TRONOX HOLDINGS PLC | SHS | G9087Q102 | 16,196,128 | 3.08 | 2570814.0 |
| CSIQ | REDUCED | CANADIAN SOLAR INC | COM | 136635109 | 14,797,930 | 2.81 | 923716.0 |
| - | NEW ORIENTAL ED & TECHNOLOGY | SPON ADR | 647581206 | 13,537,298 | 2.57 | 294866.0 | |
| AM | REDUCED | ANTERO MIDSTREAM CORP | COM | 03676B102 | 12,667,883 | 2.41 | 556830.0 |
| DOLE | REDUCED | DOLE PLC | ORD SHS | G27907107 | 6,048,133 | 1.15 | 440826.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 526,212,123 | 9 | 13.542073 | 0.075393 | 15.812276 |
| 2026-03-31 | 2026-04-24 | 521,226,682 | 11 | 12.635468 | 0.075412 | 14.943088 |
| 2025-12-31 | 2026-01-15 | 518,511,008 | 12 | 12.602935 | 0.078505 | 16.957499 |
| 2025-09-30 | 2025-11-12 | 558,979,399 | 13 | 11.92042 | 0.071067 | 16.024571 |
| 2025-03-31 | 2025-05-14 | 489,563,618 | 17 | 10.658842 | 0.072751 | 14.900111 |
| 2024-12-31 | 2025-01-22 | 495,899,394 | 16 | 10.920853 | 0.071748 | 13.607207 |