Over the past days hedge funds have been filing their form 13-F, which is a quarterly report of equity holdings by filed institutional investment managers with at least $100 million in equity assets under management, as required by the United States Securities and Exchange Commission (SEC). In this article, let´s concentrate in one particular hedge fund and try to see the principal holdings in its portfolio. I will look into Shah Capital Management LLC.
Recently the fund reported its equity portfolio, as at the end of September. The total value of the portfolio amounted to $106.7million, up from $134.9million disclosed at the end of the previous quarter. Consequently, the fund's total return was negative 28.2 million in the last quarter. The filing revealed that at the end of September, the fund added no new positions to its equity portfolio and sold out 2 positions. The top ten portfolio holdings as of the end of the quarter represented 97.84%. The largest changes from previous 13-F´s fillings are in the tech and industrial sectors. Continue Reading »