SHAH CAPITAL MANAGEMENT — 13F holdings

SHAH CAPITAL MANAGEMENT reported 11 holdings worth $605M in its 13F filing for Q3 2026, filed October 9, 2026.

Largest positions

1. VEON VEON LTD — $344M (56.8%)
2. NVAX NOVAVAX INC — $132M (21.7%)
3. CYD CHINA YUCHAI INTL LTD — $41.0M (6.8%)
4. VGSH VANGUARD SCOTTSDALE FDS — $32.3M (5.3%)
5. EDU NEW ORIENTAL ED & TECHNOLOGY — $16.2M (2.7%)
6. TROX TRONOX HOLDINGS PLC — $11.5M (1.9%)
7. AM Antero Midstream Corp — $10.5M (1.7%)
8. CSIQ CANADIAN SOLAR INC — $10.5M (1.7%)
9. DOLE DOLE PLC — $5.43M (0.9%)
10. ELTX ELICIO THERAPEUTICS INC — $2.28M (0.4%)