Shah Capital Management Buys Valaris, Sells Antero Resources Corp, Turquoise Hill Resources

Raleigh, NC, based Investment company Shah Capital Management (Current Portfolio) buys Valaris, sells Antero Resources Corp, Turquoise Hill Resources during the 3-months ended 2021Q2, according to the most recent filings of the investment company, Shah Capital Management. As of 2021Q2, Shah Capital Management owns 6 stocks with a total value of $220 million. These are the details of the buys and sells.

For the details of SHAH CAPITAL MANAGEMENT's stock buys and sells, go to https://www.gurufocus.com/guru/shah+capital+management/current-portfolio/portfolio

These are the top 5 holdings of SHAH CAPITAL MANAGEMENT
  1. Antero Resources Corp (AR) - 5,500,000 shares, 37.65% of the total portfolio. Shares reduced by 31.06%
  2. China Yuchai International Ltd (CYD) - 3,515,505 shares, 25.68% of the total portfolio. Shares reduced by 0.89%
  3. Genworth Financial Inc (GNW) - 10,021,810 shares, 17.80% of the total portfolio. Shares reduced by 5.32%
  4. Antero Midstream Corp (AM) - 1,967,063 shares, 9.31% of the total portfolio. Shares reduced by 7.26%
  5. Valaris Ltd (VAL) - 525,055 shares, 6.91% of the total portfolio. New Position
New Purchase: Valaris Ltd (VAL)

Shah Capital Management initiated holding in Valaris Ltd. The purchase prices were between $20.66 and $29.33, with an estimated average price of $25.03. The stock is now traded at around $30.720000. The impact to a portfolio due to this purchase was 6.91%. The holding were 525,055 shares as of 2021-06-30.

Reduced: Antero Resources Corp (AR)

Shah Capital Management reduced to a holding in Antero Resources Corp by 31.06%. The sale prices were between $8.96 and $15.06, with an estimated average price of $11.72. The stock is now traded at around $16.340000. The impact to a portfolio due to this sale was -12.66%. Shah Capital Management still held 5,500,000 shares as of 2021-06-30.

Reduced: Turquoise Hill Resources Ltd (TRQ)

Shah Capital Management reduced to a holding in Turquoise Hill Resources Ltd by 39.16%. The sale prices were between $19.82 and $25.65, with an estimated average price of $21.76. The stock is now traded at around $18.280000. The impact to a portfolio due to this sale was -1.78%. Shah Capital Management still held 343,750 shares as of 2021-06-30.



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