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
| VEON - Vimpelcom | 24.99% | New | 4,951,467 | $19.70 | $98M | +4,951,467 | +$98M |
| EDU — | 15.54% | New | 827,770 | $73.28 | $61M | +827,770 | +$61M |
| Emeren Group | 13.03% | New | 18,639,226 | $2.73 | $51M | +18,639,226 | +$51M |
| NVAX - Novavax | 9.57% | Add +22.9% | 7,780,756 | $4.80 | $37M | +1,450,000 | −$8M |
| CYD - China Yuchai Intl | 8.82% | Add +0.4% | 4,108,507 | $8.38 | $34M | +17,071 | −$7M |
| Genworth Finl · CL A | 8.08% | Hold | 4,723,917 | $6.68 | $32M | — | — |
| AM - Antero Midstream | 5.78% | Reduce −14.3% | 1,799,646 | $12.53 | $23M | −301,000 | −$3M |
| VAL - Valaris · CL A | 4.55% | Hold | 258,927 | $68.57 | $18M | — | — |
| VGSH - Vanguard Scottsdale Fds | 3.60% | Hold | 241,223 | $58.33 | $14M | — | — |
| AR - Antero Resources | 2.32% | Hold | 400,000 | $22.68 | $9M | — | — |
| GCI - Gannett | 1.24% | Hold | 2,100,000 | $2.30 | $5M | — | — |
| Cheer | 1.01% | New | 1,256,691 | $3.14 | $4M | +1,256,691 | +$4M |
| DOLE - DOLE PLC | 0.97% | Hold | 307,065 | $12.29 | $4M | — | — |
| Ishares Tr | 0.50% | Hold | 82,039 | $24.03 | $2M | — | — |
Exits / last held
not current holdings · last reported size, unchanged · gone vs 2023 Q3
| Stock | % of portfolio | Recent activity | Shares | Reported price* | Value | Share change | $ change |
|---|---|---|---|---|---|---|---|
| New Oriental Educatio-Sp | 22.39% | Exit | 0 | $58.55 | $95M | −1,616,282 | −$95M |
| VEON - Vimpelcom | 17.90% | Exit | 0 | $19.50 | $76M | −3,879,138 | −$76M |
| Emeren Group | 12.70% | Exit | 0 | $3.08 | $54M | −17,432,928 | −$54M |
| Glory Star New Media Group | 1.03% | Exit | 0 | $0.3879 | $4M | −11,216,113 | −$4M |
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