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. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

10 Worst Airlines in the World

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!