SHAH CAPITAL MANAGEMENT

Q1 2014 13F-HR Holdings

Location
Raleigh, NC
Holdings as of
3/31/2014
Date filed
4/14/2014
Form type
13F-HR
Num holdings
14
Total value ($000)
$124,718
Net value change ($000)
-8,276 (-6.2%)
New positions
2
Sold out positions
4
Turnover %
8.3%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
Corinthian Colleges Inc 2,431 41.8%
PBR 1,643 NEW
CYD 1,470 3.1%
MT 1,432 NEW
CHIQUITA BRANDS INTL INC 936 6.5%
CDE 807 38.7%
ANGLOGOLD ASHANTI (PTY) LTD 336 48.0%
RENESOLA LTD 106 19.8%
Top Reduces (Value $000, Stocks/ETFs)
CSIQ -6,646 -48.2%
ARCH RESOURCES, INC. -4,058 -100.0%
YINGLI GREEN ENERGY HLDG CO -2,468 -64.6%
ARCELORMITTAL NY -1,582 -100.0%
Old COPPER Company, Inc. -1,317 -100.0%
Molycorp, Inc. -653 -16.4%
CHINA XINIYA FASHION LTD -342 -6.2%
AEG -263 -100.0%
TRINA SOLAR LTD-SPON ADR -108 -1.6%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type