Shah Capital Management Portfolio Holdings by Sector

Shah Capital Management

Industry	Value	Buys	Sells	New Positions	Closed Positions	Options
Biotechnology \| Healthcare NVAX 1 stocks	$71,355 33.15% of portfolio	-	1	-	-	0 Calls 0 Puts
Solar \| Technology SOL CSIQ 2 stocks	$46,033 21.38% of portfolio	1	-	-	-	0 Calls 0 Puts
ETFs \| ETFs VGSH 1 stocks	$21,949 10.2% of portfolio	1	-	-	-	0 Calls 0 Puts
Entertainment \| Communication Services PARA 1 stocks	$16,028 7.45% of portfolio	1	-	-	-	0 Calls 0 Puts
Education & Training Services \| Consumer Defensive EDU 1 stocks	$14,641 6.8% of portfolio	-	1	-	-	0 Calls 0 Puts
Oil & Gas Midstream \| Energy AM 1 stocks	$13,780 6.4% of portfolio	-	1	-	-	0 Calls 0 Puts
Insurance—Life \| Financial Services GNW 1 stocks	$7,733 3.59% of portfolio	-	1	-	-	0 Calls 0 Puts
Semiconductors \| Technology WOLF 1 stocks	$6,585 3.06% of portfolio	1	-	1	-	0 Calls 0 Puts
Publishing \| Communication Services GCI 1 stocks	$5,202 2.42% of portfolio	-	-	-	-	0 Calls 0 Puts
Oil & Gas Equipment & Services \| Energy VAL 1 stocks	$4,731 2.2% of portfolio	-	1	-	-	0 Calls 0 Puts
Farm Products \| Consumer Defensive DOLE 1 stocks	$3,919 1.82% of portfolio	-	1	-	-	0 Calls 0 Puts
Information Technology Services \| Technology XRX 1 stocks	$2,022 0.94% of portfolio	1	-	1	-	0 Calls 0 Puts
Internet Content & Information \| Communication Services BIDU 1 stocks	$1,282 0.6% of portfolio	-	1	-	-	0 Calls 0 Puts

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