SHAH CAPITAL MANAGEMENT 13F: Quarter-over-Quarter Portfolio Changes
SHAH CAPITAL MANAGEMENT reported a disclosed portfolio value of approximately $521.2 million in its latest SEC Form 13F-HR filing for Q1 2026, up 0.5% quarter on quarter. Over the quarter, the fund bought more shares in 2 holdings, trimmed 8 holdings, and exited 1 position.
SHAH CAPITAL MANAGEMENT's top buy was Wolfspeed INC (WOLF) . The fund bought 1419.5% more shares, lifting the position's portfolio weight by 1.5 percentage points. Its top sell was USA Today CO INC (TDAY) . The fund sold 72.2% of its previously reported shares, reducing the position's portfolio weight by 1.1 percentage points.
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| WOLFSPEED INC | WOLF | +1.5% | +1419.5% | History → |
| NOVAVAX INC | NVAX | +4.3% | +2.0% | History → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| USA TODAY CO INC | TDAY | -1.1% | 72.2% | Holders → |
| VANGUARD SCOTTSDALE FDS | VGSH | -0.2% | 3.7% | History → |
| CHINA YUCHAI INTL LTD | CYD | 0.7% | 1.7% | History → |
| DOLE PLC | DOLE | -0.1% | 0.6% | History → |
| CANADIAN SOLAR INC | CSIQ | -1.9% | 0.6% | History → |
| NEW ORIENTAL ED & TECHNOLOGY | EDU | 0.1% | 0.3% | History → |
| TRONOX HOLDINGS PLC | TROX | 3.2% | 0.2% | History → |
| VEON LTD | VEON | -6.2% | 0.1% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| BAIDU INC-SP ADR | BIDU | 0.9% |
Net Portfolio Value ChangeQ1 2026
- $0.5BPrior quarter
- $0.5BCurrent quarter
- +$0.0BNet delta
- +0.5%% change
Methodology & FAQ
How SHAH CAPITAL MANAGEMENT Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for SHAH CAPITAL MANAGEMENT: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did SHAH CAPITAL MANAGEMENT buy in Q1 2026?
In Q1 2026, SHAH CAPITAL MANAGEMENT bought more shares of WOLFSPEED INC (WOLF), NOVAVAX INC (NVAX).
What stocks did SHAH CAPITAL MANAGEMENT sell in Q1 2026?
In Q1 2026, SHAH CAPITAL MANAGEMENT fully sold 1 position (BAIDU INC-SP ADR (BIDU)); reduced holdings in USA TODAY CO INC (TDAY), VANGUARD SCOTTSDALE FDS (VGSH), CHINA YUCHAI INTL LTD (CYD), DOLE PLC (DOLE), CANADIAN SOLAR INC (CSIQ) — the largest 5 of 8 reductions.
Which positions did SHAH CAPITAL MANAGEMENT initiate in Q1 2026?
SHAH CAPITAL MANAGEMENT established no new positions in Q1 2026.
Which existing positions saw the largest allocation increases for SHAH CAPITAL MANAGEMENT in Q1 2026?
Of 2 existing positions with share-count increases in Q1 2026, the largest were: WOLFSPEED INC (WOLF, +1.5% weight, +1419.5% shares), NOVAVAX INC (NVAX, +4.3% weight, +2.0% shares).
Which positions did SHAH CAPITAL MANAGEMENT fully exit in Q1 2026?
SHAH CAPITAL MANAGEMENT fully exited 1 position in Q1 2026: BAIDU INC-SP ADR (BIDU, last-reported weight 0.9%).
Which existing positions saw the largest allocation reductions for SHAH CAPITAL MANAGEMENT in Q1 2026?
Of 8 existing positions with share-count reductions in Q1 2026, the largest were: USA TODAY CO INC (TDAY, -1.1% weight, -72.2% shares), VANGUARD SCOTTSDALE FDS (VGSH, -0.2% weight, -3.7% shares), CHINA YUCHAI INTL LTD (CYD, 0.7% weight, -1.7% shares), DOLE PLC (DOLE, -0.1% weight, -0.6% shares), CANADIAN SOLAR INC (CSIQ, -1.9% weight, -0.6% shares), NEW ORIENTAL ED & TECHNOLOGY (EDU, 0.1% weight, -0.3% shares), TRONOX HOLDINGS PLC (TROX, 3.2% weight, -0.2% shares), VEON LTD (VEON, -6.2% weight, -0.1% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.