Featured 13F manager
Shah Capital Management Himanshu Shah
Raleigh, NC 22 processed 13Fs on this site · 2021 Q3–2026 Q2
- $526M
- 9 Positions
- 2026 Q2
- +1.0% QoQ
- Top 5 91.1%
Himanshu Shah files Shah Capital Management as a Form 13F. The latest book is 2026 Q2 at $526M, up 1.0% QoQ, led by Vimpelcom, Novavax, and China Yuchai Intl.
Portfolio
top 5 91.1% · top 10 100.0%
- VEON - Vimpelcom 46.3%
- NVAX - Novavax 25.4%
- CYD - China Yuchai Intl 12.1%
- VGSH - Vanguard Scottsdale Fds 4.2%
- TROX - Tronox 3.1%
- CSIQ - Canadian Solar 2.8%
- EDU — 2.6%
- AM - Antero Midstream 2.4%
- DOLE - DOLE PLC 1.1%
AUM over time
Book
| New Oriental Educatio-Sp | 18.63% | Reduce −0.5% | 1,833,832 | $39.49 | $72M | −8,317 | +$1M |
| VEON - Vimpelcom | 18.56% | Add +0.6% | 3,529,230 | $20.44 | $72M | +22,431 | +$10M |
| Emeren Group | 16.06% | Add +2.5% | 16,471,803 | $3.79 | $62M | +406,800 | +$21M |
| CYD - China Yuchai Intl | 11.05% | Reduce −0.5% | 4,091,436 | $10.50 | $43M | −19,872 | +$11M |
| NVAX - Novavax | 10.48% | Add +28.9% | 5,480,756 | $7.43 | $41M | +1,229,680 | +$11M |
| AM - Antero Midstream | 6.27% | Hold | 2,100,646 | $11.60 | $24M | — | — |
| Genworth Financial | 6.08% | Reduce −7.8% | 4,723,917 | $5.00 | $24M | −400,000 | −$2M |
| VAL - Valaris | 4.19% | Hold | 258,927 | $62.93 | $16M | — | — |
| VGSH - Vanguard Short Term Treas | 3.06% | Hold | 206,223 | $57.73 | $12M | — | — |
| AR - Antero Resources | 2.37% | Hold | 400,000 | $23.03 | $9M | — | — |
| DOLE - DOLE PLC | 1.34% | Hold | 385,069 | $13.52 | $5M | — | — |
| GCI - Gannet | 1.22% | Add +36.4% | 2,100,000 | $2.25 | $5M | +560,000 | +$2M |
| Holding | 0.57% | Hold | 82,039 | $27.18 | $2M | — | — |
| Lifemd | 0.11% | Reduce −82.1% | 100,000 | $4.35 | $435K | −458,879 | −$515K |
Exits / last held
not current holdings · last reported size, unchanged · gone vs 2023 Q1
| Stock | % of portfolio | Recent activity | Shares | Reported price* | Value | Share change | $ change |
|---|---|---|---|---|---|---|---|
| US Natural Gas Fund | 2.84% | Exit | 0 | $6.94 | $10M | −1,405,000 | −$10M |
| Tupperware Brands | 0.19% | Exit | 0 | $2.50 | $636K | −254,589 | −$636K |
Filings history
20 periods · normalized AUM · open a period for holdings
| Period | Holdings | AUM | QoQ | Form | Filed | Filing ID |
|---|---|---|---|---|---|---|
| 2026 Q2 | 9 | $526M | +1.0% | 13F-HR | 8/14/2026 | 000139834426014600 |
| 2026 Q1 | 11 | $521M | +0.4% | 13F-HR | 4/24/2026 | 000139834426007059 |
| 2025 Q4 | 12 | $519M | −7.2% | 13F-HR | 1/15/2026 | 000139834426000720 |
| 2025 Q3 | 13 | $559M | +8.8% | 13F-HR | 11/12/2025 | 000139834425020706 |
| 2025 Q2 | 14 | $514M | +4.9% | 13F-HR | 7/23/2025 | 000139834425013573 |
| 2025 Q1 | 17 | $490M | −1.2% | 13F-HR | 5/14/2025 | 000139834425009346 |
| 2024 Q4 | 16 | $496M | −3.3% | 13F-HR | 1/22/2025 | 000139834425000895 |
| 2024 Q3 | 19 | $513M | +11.0% | 13F-HR | 10/15/2024 | 000139834424018895 |
| 2024 Q2 | 17 | $462M | +29.4% | 13F-HR | 8/12/2024 | 000139834424014293 |
| 2024 Q1 | 17 | $357M | −8.5% | 13F-HR | 5/15/2024 | 000139834424009614 |
| 2023 Q4 | 15 | $390M | −7.8% | 13F-HR | 2/5/2024 | 000139834424002083 |
| 2023 Q3 | 14 | $423M | +8.7% | 13F-HR | 10/11/2023 | 000138383823000016 |
| 2023 Q2 | 15 | $394M | — | new holds | 7/13/2023 | 000138383823000009 |
| 2023 Q2 | 14 | $389M | +13.1% | 13F-HR | 7/12/2023 | 000138383823000007 |
| 2023 Q2 | 16 | $344M | — | new holds | 7/12/2023 | 000138383823000008 |
| 2023 Q1 | 16 | $344M | −18.3% | 13F-HR | 5/8/2023 | 000138383823000003 |
| 2022 Q4 | 15 | $421M | +20.3% | 13F-HR | 1/13/2023 | 000138383823000002 |
| 2022 Q3 | 12 | $350M | −9.3% | 13F-HR | 10/27/2022 | 000138383822000010 |
| 2022 Q2 | 13 | $386M | −0.3% | 13F-HR | 7/25/2022 | 000138383822000009 |
| 2022 Q1 | 12 | $387M | +3.2% | 13F-HR | 4/19/2022 | 000138383822000004 |
| 2021 Q4 | 10 | $375M | +1.4% | 13F-HR | 1/19/2022 | 000138383822000002 |
| 2021 Q3 | 9 | $370M | — | 13F-HR | 10/8/2021 | 000138383821000010 |
About
Shah Capital Management
22 processed 13Fs on this site · 2021 Q3–2026 Q2