Shah Capital Top Picks: China Yuchai Intl Ltd. (CYD), Utstarcom Holdings Corp. (UTSI) & Others

In the current round of 13F filings, hedge funds and other institutional investors are disclosing their equity portfolios as held at the end of the last year. Himanshu H. Shah’s Shah Capital Management is one those funds, which in its latest 13F filing disclosed an equity portfolio with a total value of about $132.99 million, slightly up from about $131.89 million at the end of the third quarter of 2013.

UTStarcom Holdings Corp (NASDAQ:UTSI)

In this piece, we will talk about the five largest holdings from the Shah Capital’s equity portfolio, in terms of value, as at the end of last year.

The first on the list is China Yuchai Intl Ltd. (NYSE:CYD) in which the fund owned about 2.30 million shares by the end of the year. The fund reported a stake of about $48.10 million in the company. Recently, China Yuchai announced that it unveiled the eight new engine models to further increase its leadership in the engine market in 2014.

Utstarcom Holdings Corp. (NASDAQ:UTSI) is the second largest holding in which Shah Capital revealed a stake of about $20.26 million. The fund owned over 6.85 million shares in the company by the end of year. Utstarcom Holdings Corp. (NASDAQ:UTSI) provides interactive, Protocol (IP)-based network solutions including the integration and support services in Internet Protocol TV (IPTV), interactive (iD)TV, internet tv and broadband for cable and telecom operators.

Chiquita Brands Intl Inc. (NYSE:CQB) is represented in the Shah Capital’s equity portfolio by a $14.45 million stake, which amasses 1.23 million shares.

Shah Capital disclosed a stake of about $13.80 million in Canadian Solar Inc. (NASDAQ:CSIQ). The fund owned 462,800 shares of the company. Canadian Solar Inc. (NASDAQ:CSIQ) is the leading solar manufacturer. The company delivers high efficiency solar cells, solar modules, solar power systems and off grid solar power application solutions.

In a statement, Canadian Solar Inc. (NASDAQ: CSIQ) announced that its subsidiary Canadian Solar Solutions Inc. agreed to sell the Oro-Medonte solar power plant totaling 10 MW to a fund managed by BlackRock.

Shah Capital disclosed the fifth-largest holding in Trina Solar Limited (NYSE: TSL), which amasses 490,900 with a reported value of about $6.71 million. The company specializes in the manufacture of crystalline silicon photovoltaic modules and system integration.

Disclosure: none

Recommended Reading:

Horizon Asset Management Adjusts Positions in AutoNation Inc. (AN) & Two Other Companies

Royce & Associates Reveals Moves in MKS Instruments, Inc. (MKSI), NN, Inc. (NNBR) & Others

Corvex Capital Further Raises Stake in Williams Companies, Inc. (WMB)

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Largest Pharmaceutical Companies In the World

The 10 Most Expensive Android Apps

The 9 Most Expensive Designer Bags in the World

The 7 Most Expensive Real Estate in the World

The 10 Most Expensive eBay Items Ever Sold

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!