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)

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

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!