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Shah Capital Management 13F holdings, Q1 2026

Holdings as of March 31, 2026 · filings on SEC EDGAR · latest filing →

Shah Capital Management disclosed 11 US equity positions worth $521.2m in its Q1 2026 13F filing. The largest position was VEON at 43.4% of the reported book, followed by NVAX and CHINA YUCHAI INTL LTD.

· Q2 2026 →

What did Shah Capital Management own in Q1 2026? Top 11 positions

#StockSectorWeightValueSharesΔ sharesvs prior
1 VEON VEON LTD Communication Services 43.4%$226.4m4,890,497
2 NVAX NOVAVAX INC Healthcare 23.2%$120.8m14,845,097
3 CHINA YUCHAI INTL LTD 12.0%$62.3m1,618,441
4 TROX TRONOX HOLDINGS PLC Basic Materials 5.6%$29.3m2,994,154
5 VGSH VANGUARD SCOTTSDALE FDS 3.9%$20.1m342,990
6 EDU NEW ORIENTAL ED & TECHNOLOGY Consumer Defensive 3.3%$17.2m303,953
7 AM ANTERO MIDSTREAM CORP Energy 2.6%$13.4m586,000
8 CSIQ CANADIAN SOLAR INC Technology 2.6%$13.4m964,557
9 WOLF WOLFSPEED INC Technology 1.6%$8.3m508,948
10 DOLE DOLE PLC Consumer Defensive 1.3%$6.6m458,522
11 TDAY USA TODAY CO INC Communication Services 0.7%$3.5m500,000

Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.