§ 13F · FUND PROFILE
SHAH CAPITAL MANAGEMENT.
Institutional filer · behavioral pattern: Other. Summary pending.
AUM · $514.0T (13F)Positions · 14Turnover · — · Q4Filed · Jan 15, 2026
CONCENTRATION
—
Top 10 holdings
NEW BUYS
0
+$583.1B deployed
EXITS
0
No exits
SECTOR SHIFT
—
No prior quarter data
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED JAN 15, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | VEON | VEON LTD | 4.90M | $257.3T | 49.6% | +1% |
| 2 | NVAX | NOVAVAX INC | 14.56M | $97.8T | 18.9% | +23% |
| 3 | CYD | CHINA YUCHAI INTL LTD | 1.65M | $58.4T | 11.3% | −2% |
| 4 | CSIQ | CANADIAN SOLAR INC | 970K | $23.1T | 4.4% | −42% |
| 5 | VGSH | VANGUARD SCOTTSDALE FDS | 356K | $20.9T | 4.0% | ±0% |
| 6 | EDU | NEW ORIENTAL ED & TECHNOLOGY | 305K | $16.8T | 3.2% | ±0% |
| 7 | TROX | TRONOX HOLDINGS PLC | 3.00M | $12.5T | 2.4% | +650% |
| 8 | AM | ANTERO MIDSTREAM CORP | 586K | $10.4T | 2.0% | ±0% |
| 9 | TDAY | USA TODAY CO INC | 1.80M | $9.3T | 1.8% | ±0% |
| 10 | DOLE | DOLE PLC | 462K | $6.9T | 1.3% | +68% |
§ 02 · SECTOR ALLOCATION
Where the money is
Sector data pending
§ 03 · THE SHAH SIGNAL
AC read
SHAH CAPITAL MANAGEMENT is a Other fund managing $513974.6 trillion in assets. The fund runs a focused portfolio of just 14 positions.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Steady book
+0 buys · −0 exits · 0 changed
Q3 2025
Steady book
+0 buys · −0 exits · 0 changed
Q2 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed