SHAH CAPITAL MANAGEMENT 13F Holdings

Name: SEC Form 13F Institutional Holdings Database
Creator: 13F Fund Database
License: https://www.sec.gov/about/secdataaccess

CIK 0001383838 · RALEIGH, NC

As of Sep 30, 2025, SHAH CAPITAL MANAGEMENT reported 13 positions worth $559.0M in its SEC Form 13F filing.

Top 13 holdings

Security	Ticker	Sector	Shares	Value	% of portfolio
VEON LTD	VEON	Communication Services	4,824,421	$262.6M	46.98%
NOVAVAX INC	NVAX	Healthcare	11,811,780	02.4M	18.32%
CHINA YUCHAI INTL LTD	CYD	Industrials	1,672,697	$69.2M	12.38%
EMEREN GROUP LTD	SOL	Technology	18,818,236	$35.6M	6.36%
CANADIAN SOLAR INC	CSIQ	Technology	1,686,285	$22.0M	3.93%
VANGUARD SHORT-TERM TREASURY INDEX FUND	VGSH	—	356,528	$21.0M	3.75%
NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC	EDU	Consumer Defensive	304,744	6.2M	2.89%
ANTERO MIDSTREAM CORP	AM	Energy	586,000	1.4M	2.04%
USA TODAY CO INC	TDAY	Consumer Cyclical	1,800,000	$7.4M	1.33%
BAIDU INC	BIDU	Communication Services	33,935	$4.5M	0.80%
DOLE PLC	DOLE	Consumer Defensive	275,397	$3.7M	0.66%
TRONOX HOLDINGS PLC	TROX	Basic Materials	400,000	.6M	0.29%
CHEER HLDG INC	—	—	2,157,500	.5M	0.26%