SHAH CAPITAL MANAGEMENT Long-Term Concentrated

Location: Raleigh, NC

CIK: 0001383838 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Jan 13, 2023

Total Value: $421M (100.0% shares, 0.0% debt)

Holdings (15)

— NEW ORIENTAL EDUCATIO-SP 23.2%

Value $97.47M Shares 2,799,253 Share Price $34.82 Est. Cost/Share $1.49 Unrealized @ Report Date —

— RENESOLA LTD-SPON 15.0%

Value $63.35M Shares 14,015,003 Share Price $4.52 Est. Cost/Share $2.00 Unrealized @ Report Date —

GNW GENWORTH FINANCIAL INC 12.0%

Value $50.55M Shares 9,555,386 Share Price $5.29 * Est. Cost/Share $3.57 Unrealized @ Report Date +31.8%

— VEON LTD 10.0%

Value $41.96M Shares 85,639,026 Share Price $0.49 Est. Cost/Share $0.83 Unrealized @ Report Date —

VAL VALARIS PLC 8.4%

Value $35.38M Shares 523,191 Share Price $67.62 * Est. Cost/Share $25.06 Unrealized @ Report Date +148.9%

AR ANTERO RESOURCES CORP 7.3%

Value $30.82M Shares 994,506 Share Price $30.99 * Est. Cost/Share $1.87 Unrealized @ Report Date +1747.3%

CYD CHINA YUCHAI INTL LTD 6.9%

Value $28.98M Shares 4,095,793 Share Price $7.07 * Est. Cost/Share $8.19 Unrealized @ Report Date -18.1%

AM ANTERO MIDSTREAM CORP 5.4%

Value $22.72M Shares 2,105,567 Share Price $10.79 * Est. Cost/Share $3.00 Unrealized @ Report Date +185.4%

— CREDIT SUISSE SPON ADR 4.8%

Value $20.06M Shares 6,600,000 Share Price $3.04 Est. Cost/Share $0.00 Unrealized @ Report Date —

VGSH VANGUARD SHORT TERM TREAS 2.9%

Value $12.08M Shares 208,986 Share Price $57.82 Est. Cost/Share $56.05 Unrealized @ Report Date —

NVAX NOVAVAX INC 1.7%

Value $7.35M Shares 715,000 Share Price $10.28 * Est. Cost/Share $17.65 Unrealized @ Report Date 0.0%

DOLE DOLE PLC 0.9%

Value $3.728M Shares 386,387 Share Price $9.65 * Est. Cost/Share $8.23 Unrealized @ Report Date +3.3%

TDAY GANNET CO INC 0.7%

Value $3.045M Shares 1,500,000 Share Price $2.03 * Est. Cost/Share $1.92 Unrealized @ Report Date 0.0%

FXI ISHARES TRUST CHINA LG-CAP ETF 0.6%

Value $2.35M Shares 83,000 Share Price $28.31 Est. Cost/Share $0.03 Unrealized @ Report Date —

LFMD LIFEMD INC 0.3%

Value $1.084M Shares 558,879 Share Price $1.94 * Est. Cost/Share $2.41 Unrealized @ Report Date -6.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	NEW ORIENTAL EDUCATIO-SP	2,799,253	$97.47M	23.2%	$34.82	$1.49	—	ADR	647581107
—	RENESOLA LTD-SPON	14,015,003	$63.35M	15.0%	$4.52	$2.00	—	ADR	75971T103
GNW	GENWORTH FINANCIAL INC	9,555,386	$50.55M	12.0%	$5.29 *	$3.57	+31.8%	COM	37247D106
—	VEON LTD	85,639,026	$41.96M	10.0%	$0.49	$0.83	—	ADS	92719A106
VAL	VALARIS PLC	523,191	$35.38M	8.4%	$67.62 *	$25.06	+148.9%	COM	G9460G101
AR	ANTERO RESOURCES CORP	994,506	$30.82M	7.3%	$30.99 *	$1.87	+1747.3%	COM	03674X106
CYD	CHINA YUCHAI INTL LTD	4,095,793	$28.98M	6.9%	$7.07 *	$8.19	-18.1%	COM	G21082105
AM	ANTERO MIDSTREAM CORP	2,105,567	$22.72M	5.4%	$10.79 *	$3.00	+185.4%	COM	03676B102
—	CREDIT SUISSE SPON ADR	6,600,000	$20.06M	4.8%	$3.04	$0.00	—	ADR	225401108
VGSH	VANGUARD SHORT TERM TREAS	208,986	$12.08M	2.9%	$57.82	$56.05	—	ETF	92206C102
NVAX	NOVAVAX INC	715,000	$7.35M	1.7%	$10.28 *	$17.65	0.0%	COM	670002401
DOLE	DOLE PLC	386,387	$3.728M	0.9%	$9.65 *	$8.23	+3.3%	COM	G27907107
TDAY	GANNET CO INC	1,500,000	$3.045M	0.7%	$2.03 *	$1.92	0.0%	COM	36472T109
FXI	ISHARES TRUST CHINA LG-CAP ETF	83,000	$2.35M	0.6%	$28.31	$0.03	—	ETF	464287184
LFMD	LIFEMD INC	558,879	$1.084M	0.3%	$1.94 *	$2.41	-6.9%	COM	53216B104