SHAH CAPITAL MANAGEMENT Long-Term Concentrated

CIK: 0001383838 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 5, 2024

Total Value ($000): $390,389 (100.0% shares, 0.0% debt)

Holdings (15)

VEON VEON LTD 25.0%

Value ($000) $97,544 Shares 4,951,467 Est. Cost $19.70 Unrealized —

EDU NEW ORIENTAL ED & TECHNOLOGY 15.5%

Value ($000) $60,659 Shares 827,770 Est. Cost $73.28 Unrealized —

— EMEREN GROUP LTD 13.0%

Value ($000) $50,885 Shares 18,639,226 Est. Cost $2.73 Unrealized —

NVAX NOVAVAX INC 9.6%

Value ($000) $37,348 Shares 7,780,756 Est. Cost $9.06 Unrealized -32.4%

CYD CHINA YUCHAI INTL LTD 8.8%

Value ($000) $34,429 Shares 4,108,507 Est. Cost $8.19 Unrealized +2.7%

GNW GENWORTH FINL INC 8.1%

Value ($000) $31,556 Shares 4,723,917 Est. Cost $3.57 Unrealized +70.1%

AM ANTERO MIDSTREAM CORP 5.8%

Value ($000) $22,550 Shares 1,799,646 Est. Cost $3.00 Unrealized +267.5%

VAL VALARIS LTD 4.5%

Value ($000) $17,755 Shares 258,927 Est. Cost $25.06 Unrealized +173.4%

VGSH VANGUARD SCOTTSDALE FDS 3.6%

Value ($000) $14,071 Shares 241,223 Est. Cost $47.92 Unrealized —

AR ANTERO RESOURCES CORP 2.3%

Value ($000) $9,072 Shares 400,000 Est. Cost $1.87 Unrealized +1255.4%

TDAY GANNETT CO INC 1.2%

Value ($000) $4,830 Shares 2,100,000 Est. Cost $1.95 Unrealized +14.4%

— CHEER HLDG INC 1.0%

Value ($000) $3,946 Shares 1,256,691 Est. Cost $3.14 Unrealized —

DOLE DOLE PLC 1.0%

Value ($000) $3,774 Shares 307,065 Est. Cost $8.23 Unrealized +34.7%

FXI ISHARES TR 0.5%

Value ($000) $1,971 Shares 82,039 Est. Cost $0.03 Unrealized —

NBIS YANDEX N V 0.0%

Value ($000) $0 Shares 17,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEON	VEON LTD	4,951,467	$97,544	25.0%	$19.70	—	SPONSORED ADS	91822M502
EDU	NEW ORIENTAL ED & TECHNOLOGY	827,770	$60,659	15.5%	$73.28	—	SPON ADR	647581206
—	EMEREN GROUP LTD	18,639,226	$50,885	13.0%	$2.73	—	SPONSORED ADS	75971T301
NVAX	NOVAVAX INC	7,780,756	$37,348	9.6%	$9.06	-32.4%	COM NEW	670002401
CYD	CHINA YUCHAI INTL LTD	4,108,507	$34,429	8.8%	$8.19	+2.7%	COM	G21082105
GNW	GENWORTH FINL INC	4,723,917	$31,556	8.1%	$3.57	+70.1%	COM CL A	37247D106
AM	ANTERO MIDSTREAM CORP	1,799,646	$22,550	5.8%	$3.00	+267.5%	COM	03676B102
VAL	VALARIS LTD	258,927	$17,755	4.5%	$25.06	+173.4%	CL A	G9460G101
VGSH	VANGUARD SCOTTSDALE FDS	241,223	$14,071	3.6%	$47.92	—	SHORT TERM TREAS	92206C102
AR	ANTERO RESOURCES CORP	400,000	$9,072	2.3%	$1.87	+1255.4%	COM	03674X106
TDAY	GANNETT CO INC	2,100,000	$4,830	1.2%	$1.95	+14.4%	COM	36472T109
—	CHEER HLDG INC	1,256,691	$3,946	1.0%	$3.14	—	SHS NEW	G39973204
DOLE	DOLE PLC	307,065	$3,774	1.0%	$8.23	+34.7%	ORD SHS	G27907107
FXI	ISHARES TR	82,039	$1,971	0.5%	$0.03	—	CHINA LG-CAP ETF	464287184
NBIS	YANDEX N V	17,000	$0	0.0%	—	—	SHS CLASS A	N97284108