SHAH CAPITAL MANAGEMENT Long-Term Concentrated

CIK: 0001383838 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 15, 2024

Total Value ($000): $357,374 (100.0% shares, 0.0% debt)

Holdings (17)

VEON VEON LTD 33.3%

Value ($000) $118,827 Shares 4,949,070 Est. Cost $19.70 Unrealized —

EDU NEW ORIENTAL ED & TECHNOLOGY 12.1%

Value ($000) $43,291 Shares 498,630 Est. Cost $73.28 Unrealized —

NVAX NOVAVAX INC 10.9%

Value ($000) $38,803 Shares 8,117,827 Est. Cost $8.88 Unrealized -47.7%

— EMEREN GROUP LTD 10.1%

Value ($000) $35,966 Shares 18,635,291 Est. Cost $2.73 Unrealized —

CYD CHINA YUCHAI INTL LTD 10.0%

Value ($000) $35,764 Shares 4,192,772 Est. Cost $8.19 Unrealized -0.4%

VAL VALARIS LTD 5.4%

Value ($000) $19,457 Shares 258,529 Est. Cost $25.06 Unrealized +167.5%

GNW GENWORTH FINL INC 5.4%

Value ($000) $19,290 Shares 3,000,000 Est. Cost $3.57 Unrealized +75.4%

VGSH VANGUARD SCOTTSDALE FDS 4.0%

Value ($000) $14,372 Shares 247,496 Est. Cost $48.18 Unrealized —

AM ANTERO MIDSTREAM CORP 3.1%

Value ($000) $11,248 Shares 800,000 Est. Cost $3.00 Unrealized +279.9%

TDAY GANNETT CO INC 1.4%

Value ($000) $5,124 Shares 2,100,000 Est. Cost $1.95 Unrealized +15.4%

DOLE DOLE PLC 1.0%

Value ($000) $3,653 Shares 306,211 Est. Cost $8.23 Unrealized +36.1%

— CHEER HLDG INC 0.9%

Value ($000) $3,164 Shares 1,265,558 Est. Cost $3.14 Unrealized —

UNG UNITED STS NAT GAS FD LP 0.9%

Value ($000) $3,124 Shares 214,433 Est. Cost $14.57 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.6%

Value ($000) $2,152 Shares 29,739 Est. Cost $72.36 Unrealized —

FXI ISHARES TR 0.5%

Value ($000) $1,960 Shares 81,424 Est. Cost $0.03 Unrealized —

— PARAMOUNT GLOBAL 0.3%

Value ($000) $1,178 Shares 100,100 Est. Cost $11.77 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	4,949,070	$118,827	33.3%	$19.70	—	SPONSORED ADS	91822M502
EDU	NEW ORIENTAL ED & TECHNOLOGY	498,630	$43,291	12.1%	$73.28	—	SPON ADR	647581206
NVAX	NOVAVAX INC	8,117,827	$38,803	10.9%	$8.88	-47.7%	COM NEW	670002401
—	EMEREN GROUP LTD	18,635,291	$35,966	10.1%	$2.73	—	SPONSORED ADS	75971T301
CYD	CHINA YUCHAI INTL LTD	4,192,772	$35,764	10.0%	$8.19	-0.4%	COM	G21082105
VAL	VALARIS LTD	258,529	$19,457	5.4%	$25.06	+167.5%	CL A	G9460G101
GNW	GENWORTH FINL INC	3,000,000	$19,290	5.4%	$3.57	+75.4%	COM CL A	37247D106
VGSH	VANGUARD SCOTTSDALE FDS	247,496	$14,372	4.0%	$48.18	—	SHORT TERM TREAS	92206C102
AM	ANTERO MIDSTREAM CORP	800,000	$11,248	3.1%	$3.00	+279.9%	COM	03676B102
TDAY	GANNETT CO INC	2,100,000	$5,124	1.4%	$1.95	+15.4%	COM	36472T109
DOLE	DOLE PLC	306,211	$3,653	1.0%	$8.23	+36.1%	ORD SHS	G27907107
—	CHEER HLDG INC	1,265,558	$3,164	0.9%	$3.14	—	SHS NEW	G39973204
UNG	UNITED STS NAT GAS FD LP	214,433	$3,124	0.9%	$14.57	—	UNIT PAR	912318409
BABA	ALIBABA GROUP HLDG LTD	29,739	$2,152	0.6%	$72.36	—	SPONSORED ADS	01609W102
FXI	ISHARES TR	81,424	$1,960	0.5%	$0.03	—	CHINA LG-CAP ETF	464287184
—	PARAMOUNT GLOBAL	100,100	$1,178	0.3%	$11.77	—	CLASS B COM	92556H206
NBIS	YANDEX N V	17,000	$0	0.0%	—	—	SHS CLASS A	N97284108