Shah Capital Management Portfolio Stock Holdings

Shah Capital Management disclosed 11 stock positions valued at approximately $521.2 million in its latest SEC 13F filing. The largest holdings include VEON LTD, NOVAVAX INC, and CHINA YUCHAI INTL LTD. The filing reflects positions held as of March 31, 2026 and was filed on April 24, 2026.

Report Period
March 31, 2026
No. of Stocks
11
Portfolio Value
$521.2M
Holdings by Sector
Shah Capital Management Portfolio Holdings in Q1 2026

10 holdings in the latest reporting period.

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CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
VEON LTDVEONCommunication Services43.44%4,890,497-4,755-0.10%$226,430,011
NOVAVAX INCNVAXHealthcare23.18%14,845,097+286,317+1.97%$120,839,090
CHINA YUCHAI INTL LTDCYDOther11.95%1,618,441-27,956-1.70%$62,309,979
TRONOX HOLDINGS PLCG9087Q102Other5.61%2,994,154-5,846-0.19%$29,252,885
VANGUARD SCOTTSDALE FDSVGSHOther3.85%342,990-13,188-3.70%$20,078,635
NEW ORIENTAL ED & TECHNOLOGYEDUConsumer Defensive3.30%303,953-791-0.26%$17,212,858
ANTERO MIDSTREAM CORPAMEnergy2.56%586,000--$13,360,800
CANADIAN SOLAR INCCSIQTechnology2.56%964,557-5,443-0.56%$13,359,114
DOLE PLCG27907107Other1.26%458,522-2,999-0.65%$6,552,279
USA TODAY CO INCGCICommunication Services0.68%500,000-1,300,000-72.22%$3,525,000