Managers / Q1 2026
SHAH CAPITAL MANAGEMENT
CIK 0001383838 · 2301 SUGAR BUSH RD, SUITE 510, RALEIGH, NC, 27612 · 919 719 6360
Reported Value
$521M
Q1 2026
Positions
11
Filings on Record
32
2019–present window
Filed
Apr 24, 2026
original filing
Summary
Shah Capital Management reported $521M in U.S.-listed holdings across 11 positions for Q1 2026.
The portfolio is heavily concentrated: VEON alone accounts for 43.4% of reported value.
Compared with Q4 2025, the fund opened 0 new positions and exited 1.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
Composition data arrives with ticker enrichment.
Quarter-over-Quarter Changes full breakdown →
Holdings — Q1 2026
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $521M | 11 | Apr 24, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $519M | 12 | Jan 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $559M | 13 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $514M | 14 | Jul 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $490M | 17 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $496M | 16 | Jan 22, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $513M | 19 | Oct 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $462M | 17 | Aug 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $357M | 17 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $390M | 15 | Feb 5, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $422,660 | 14 | Oct 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023REVEALED | $1M | 45 | Jul 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $343,668 | 16 | May 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $421M | 15 | Jan 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $350M | 12 | Oct 27, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $386M | 13 | Jul 25, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $387M | 12 | Apr 19, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $375M | 10 | Jan 19, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $370M | 9 | Oct 8, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $354M | 8 | Aug 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $363M | 7 | May 4, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $322M | 7 | Jan 28, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $190M | 8 | Nov 3, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $166M | 11 | Jul 9, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $127M | 16 | Apr 8, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $209M | 16 | Jan 21, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $185M | 17 | Oct 22, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $180M | 17 | Jul 29, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $192M | 14 | May 3, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $170M | 15 | Jan 10, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.