SHAH CAPITAL MANAGEMENT Long-Term Concentrated

Location: Raleigh, NC

CIK: 0001383838 · Show all filings

Period: Q4 2014 (← Previous) (Next →)

Filing Date: Jan 6, 2015

Total Value: $116M (100.0% shares, 0.0% debt)

Holdings (16)

CYD CHINA YUCHAI INTL LTD 40.7%

Value $47.17M Shares 2,482,796 Share Price $19.00 * Est. Cost/Share $7.85 Unrealized @ Report Date +22.1%

— UTSTARCOM INC 26.2%

Value $30.38M Shares 10,734,011 Share Price $2.83 Est. Cost/Share $2.69 Unrealized @ Report Date —

CDE COEUR MINING INC 6.5%

Value $7.553M Shares 1,478,200 Share Price $5.11 * Est. Cost/Share $7.57 Unrealized @ Report Date -41.1%

— VIMPELCOM LTD SPON 4.7%

Value $5.477M Shares 1,312,015 Share Price $4.17 Est. Cost/Share $4.17 Unrealized @ Report Date —

PBR PETROLEO BRASILEIRO SA 3.9%

Value $4.536M Shares 621,476 Share Price $7.30 Est. Cost/Share $8.44 Unrealized @ Report Date —

— TRINA SOLAR LTD-SPON ADR 3.8%

Value $4.409M Shares 476,200 Share Price $9.26 Est. Cost/Share $5.96 Unrealized @ Report Date —

— RENESOLA LTD 3.4%

Value $3.911M Shares 2,773,780 Share Price $1.41 Est. Cost/Share $2.40 Unrealized @ Report Date —

— CHINA XINIYA FASHION LTD 3.2%

Value $3.724M Shares 1,685,213 Share Price $2.21 Est. Cost/Share $0.92 Unrealized @ Report Date —

— MOLYCORP INC 1.8%

Value $2.14M Shares 2,430,379 Share Price $0.88 Est. Cost/Share $2.18 Unrealized @ Report Date —

— MOBILE TELESYSTEMS OJC 1.8%

Value $2.054M Shares 286,200 Share Price $7.18 Est. Cost/Share $7.18 Unrealized @ Report Date —

— AVON PRODUCTS INC 1.3%

Value $1.556M Shares 165,811 Share Price $9.38 Est. Cost/Share $9.38 Unrealized @ Report Date —

— ANGLOGOLD ASHANTI LTD 1.0%

Value $1.174M Shares 135,000 Share Price $8.70 Est. Cost/Share $10.72 Unrealized @ Report Date —

— ARCELORMITTAL NY 0.8%

Value $877K Shares 79,511 Share Price $11.03 Est. Cost/Share $16.14 Unrealized @ Report Date —

CSIQ CANADIANSOLAR INC 0.3%

Value $392K Shares 16,216 Share Price $24.17 * Est. Cost/Share $6.87 Unrealized @ Report Date +295.8%

— JA SOLAR HOLDINGS 0.3%

Value $379K Shares 46,335 Share Price $8.18 Est. Cost/Share $8.18 Unrealized @ Report Date —

— CORINTHIAN COLLEGES INC 0.3%

Value $309K Shares 4,892,865 Share Price $0.06 Est. Cost/Share $1.05 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CYD	CHINA YUCHAI INTL LTD	2,482,796	$47.17M	40.7%	$19.00 *	$7.85	+22.1%	COM	G21082105
—	UTSTARCOM INC	10,734,011	$30.38M	26.2%	$2.83	$2.69	—	COM	918076100
CDE	COEUR MINING INC	1,478,200	$7.553M	6.5%	$5.11 *	$7.57	-41.1%	COM	192108504
—	VIMPELCOM LTD SPON	1,312,015	$5.477M	4.7%	$4.17	$4.17	—	ADR	92719A106
PBR	PETROLEO BRASILEIRO SA	621,476	$4.536M	3.9%	$7.30	$8.44	—	ADS	71654V408
—	TRINA SOLAR LTD-SPON ADR	476,200	$4.409M	3.8%	$9.26	$5.96	—	ADR	8962E8104
—	RENESOLA LTD	2,773,780	$3.911M	3.4%	$1.41	$2.40	—	ADR	75971T103
—	CHINA XINIYA FASHION LTD	1,685,213	$3.724M	3.2%	$2.21	$0.92	—	ADR	16950W105
—	MOLYCORP INC	2,430,379	$2.14M	1.8%	$0.88	$2.18	—	COM	608753208
—	MOBILE TELESYSTEMS OJC	286,200	$2.054M	1.8%	$7.18	$7.18	—	ADR	607409109
—	AVON PRODUCTS INC	165,811	$1.556M	1.3%	$9.38	$9.38	—	COM	54303102
—	ANGLOGOLD ASHANTI LTD	135,000	$1.174M	1.0%	$8.70	$10.72	—	ADR	35128206
—	ARCELORMITTAL NY	79,511	$877K	0.8%	$11.03	$16.14	—	ADR	03938L104
CSIQ	CANADIANSOLAR INC	16,216	$392K	0.3%	$24.17 *	$6.87	+295.8%	COM	136635109
—	JA SOLAR HOLDINGS	46,335	$379K	0.3%	$8.18	$8.18	—	ADR	466090206
—	CORINTHIAN COLLEGES INC	4,892,865	$309K	0.3%	$0.06	$1.05	—	COM	218868107