SHAH CAPITAL MANAGEMENT Long-Term Concentrated

Location: Raleigh, NC

CIK: 0001383838 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Oct 11, 2023

Total Value: $423M (100.0% shares, 0.0% debt)

Holdings (14)

— NEW ORIENTAL EDUCATIO-SP 22.4%

Value $94.63M Shares 1,616,282 Share Price $58.55 Est. Cost/Share $1.49 Unrealized @ Report Date —

— VEON LTD 17.9%

Value $75.64M Shares 3,879,138 Share Price $19.50 Est. Cost/Share $0.76 Unrealized @ Report Date —

— EMEREN GROUP LTD 12.7%

Value $53.69M Shares 17,432,928 Share Price $3.08 Est. Cost/Share $1.61 Unrealized @ Report Date —

NVAX NOVAVAX INC 10.8%

Value $45.83M Shares 6,330,756 Share Price $7.24 * Est. Cost/Share $9.73 Unrealized @ Report Date -17.9%

CYD CHINA YUCHAI INTL LTD 9.8%

Value $41.32M Shares 4,091,436 Share Price $10.10 Est. Cost/Share $8.19 Unrealized @ Report Date +24.5%

GNW GENWORTH FINANCIAL INC 6.5%

Value $27.68M Shares 4,723,917 Share Price $5.86 Est. Cost/Share $3.57 Unrealized @ Report Date +61.7%

AM ANTERO MIDSTREAM CORP 6.0%

Value $25.16M Shares 2,100,646 Share Price $11.98 * Est. Cost/Share $3.00 Unrealized @ Report Date +239.0%

VAL VALARIS PLC 4.6%

Value $19.41M Shares 258,927 Share Price $74.98 * Est. Cost/Share $25.06 Unrealized @ Report Date +193.0%

VGSH VANGUARD SHORT TERM TREAS 3.3%

Value $13.89M Shares 241,223 Share Price $57.60 Est. Cost/Share $47.92 Unrealized @ Report Date —

AR ANTERO RESOURCES CORP 2.4%

Value $10.15M Shares 400,000 Share Price $25.38 Est. Cost/Share $1.87 Unrealized @ Report Date +1279.5%

TDAY GANNET CO INC 1.2%

Value $5.145M Shares 2,100,000 Share Price $2.45 * Est. Cost/Share $1.95 Unrealized @ Report Date +41.9%

CHR GLORY STAR NEW MEDIA GROUP 1.0%

Value $4.351M Shares 11,216,113 Share Price $0.39 * Est. Cost/Share $287.94 Unrealized @ Report Date -18.9%

DOLE DOLE PLC 0.8%

Value $3.555M Shares 307,065 Share Price $11.58 * Est. Cost/Share $8.23 Unrealized @ Report Date +44.7%

FXI ISHARES TRUST CHINA LG-CAP ETF 0.5%

Value $2.176M Shares 82,039 Share Price $26.52 Est. Cost/Share $0.03 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	NEW ORIENTAL EDUCATIO-SP	1,616,282	$94.63M	22.4%	$58.55	$1.49	—	ADR	647581107
—	VEON LTD	3,879,138	$75.64M	17.9%	$19.50	$0.76	—	ADS	92719A106
—	EMEREN GROUP LTD	17,432,928	$53.69M	12.7%	$3.08	$1.61	—	ADR	75971T103
NVAX	NOVAVAX INC	6,330,756	$45.83M	10.8%	$7.24 *	$9.73	-17.9%	COM	670002401
CYD	CHINA YUCHAI INTL LTD	4,091,436	$41.32M	9.8%	$10.10	$8.19	+24.5%	COM	G21082105
GNW	GENWORTH FINANCIAL INC	4,723,917	$27.68M	6.5%	$5.86	$3.57	+61.7%	COM	37247D106
AM	ANTERO MIDSTREAM CORP	2,100,646	$25.16M	6.0%	$11.98 *	$3.00	+239.0%	COM	03676B102
VAL	VALARIS PLC	258,927	$19.41M	4.6%	$74.98 *	$25.06	+193.0%	COM	G9460G101
VGSH	VANGUARD SHORT TERM TREAS	241,223	$13.89M	3.3%	$57.60	$47.92	—	ETF	92206C102
AR	ANTERO RESOURCES CORP	400,000	$10.15M	2.4%	$25.38	$1.87	+1279.5%	COM	03674X106
TDAY	GANNET CO INC	2,100,000	$5.145M	1.2%	$2.45 *	$1.95	+41.9%	COM	36472T109
CHR	GLORY STAR NEW MEDIA GROUP	11,216,113	$4.351M	1.0%	$0.39 *	$287.94	-18.9%	COM	G39973105
DOLE	DOLE PLC	307,065	$3.555M	0.8%	$11.58 *	$8.23	+44.7%	COM	G27907107
FXI	ISHARES TRUST CHINA LG-CAP ETF	82,039	$2.176M	0.5%	$26.52	$0.03	—	ETF	464287184