Shah Capital Management is an investment fund managing more than $462 billion ran by Himanshu Shah. There are currently 17 companies in Shah’s portfolio. The largest investments include VEON Ltd and Novavax, together worth $251 billion.
As of 5th August 2024, Shah Capital Management’s top holding is 4,950,027 shares of VEON Ltd currently worth over $128 billion and making up 27.8% of the portfolio value.
Relative to the number of outstanding shares of VEON Ltd, Shah Capital Management owns less than approximately 0.1% of the company.
In addition, the fund holds 9,662,090 shares of Novavax worth $122 billion, whose value grew 179.5% in the past six months.
The third-largest holding is China Yuchai Intl Ltd worth $38.4 billion and the next is New Oriental Ed & Technology worth $36.8 billion, with 473,682 shares owned.
Currently, Shah Capital Management's portfolio is worth at least $462 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Shah Capital Management office and employees reside in Raleigh, North Carolina. According to the last 13-F report filed with the SEC, Himanshu Shah serves as the President & Chief Investment Officer at Shah Capital Management.
In the most recent 13F filing, Shah Capital Management revealed that it had opened a new position in
Baidu Inc and bought 165,000 shares worth $14.3 billion.
This means they effectively own approximately 0.1% of the company.
Baidu Inc makes up
100.0%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in VEON Ltd by buying
957 additional shares.
This makes their stake in VEON Ltd total 4,950,027 shares worth $128 billion.
VEON Ltd dropped approximately 0.1% in the past year.
On the other hand, Himanshu Shah disclosed a decreased stake in New Oriental Ed & Technology by approximately 0.1%.
This leaves the value of the investment at $36.8 billion and 473,682 shares.
The two most similar investment funds to Shah Capital Management are Force Hill Capital Management L.P. and Prestige Wealth Management. They manage $462 billion and $462 billion respectively.
Shah Capital Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Communication Services — making up 29.6% of
the total portfolio value.
The fund focuses on investments in the United States as
23.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
6% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $6.7 billion.
These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| VEON Ltd |
0.02%
4,950,027
|
$128,403,700,000 | 27.77% |
| Novavax, Inc. |
19.02%
9,662,090
|
$122,322,059,000 | 26.46% |
| China Yuchai Intl Ltd |
0.68%
4,221,152
|
$38,412,483,000 | 8.31% |
| New Oriental Ed & Technology |
5.00%
473,682
|
$36,819,302,000 | 7.96% |
| Emeren Group Ltd |
0.04%
18,628,308
|
$27,942,462,000 | 6.04% |
| Valaris Ltd |
0.41%
257,458
|
$19,180,621,000 | 4.15% |
| Genworth Finl Inc |
0.38%
2,988,586
|
$18,051,059,000 | 3.90% |
| Baidu Inc |
Opened
165,000
|
$14,269,200,000 | 3.09% |
| Vanguard Scottsdale Fds |
2.08%
242,357
|
$14,054,282,000 | 3.04% |
| Antero Midstream Corp |
0.62%
795,038
|
$11,718,860,000 | 2.53% |
| Paramount Global |
1,019.88%
1,121,000
|
$11,647,190,000 | 2.52% |
| Gannett Co Inc. |
14.29%
1,800,000
|
$8,298,000,000 | 1.79% |
| Dole plc |
0.81%
303,720
|
$3,717,533,000 | 0.80% |
| Cheer Hldg Inc |
2.91%
1,302,400
|
$3,321,120,000 | 0.72% |
| Alibaba Group Hldg Ltd |
2.54%
28,985
|
$2,086,920,000 | 0.45% |
| Ishares Tr |
2.18%
79,651
|
$2,070,129,000 | 0.45% |
| Yandex N V |
No change
17,000
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 17 holdings | |||