Shah Capital Management Buys GNC Holdings Inc, Avon Products Inc, Deutsche Bank AG, Sells Cameco Corp

Raleigh, NC, based Investment company Shah Capital Management buys GNC Holdings Inc, Avon Products Inc, Deutsche Bank AG, Seadrill, Nordic American Offshore, Noble Group, sells Cameco Corp during the 3-months ended 2017-06-30, according to the most recent filings of the investment company, Shah Capital Management. As of 2017-06-30, Shah Capital Management owns 15 stocks with a total value of $189 million. These are the details of the buys and sells.

For the details of SHAH CAPITAL MANAGEMENT's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=SHAH+CAPITAL+MANAGEMENT

These are the top 5 holdings of SHAH CAPITAL MANAGEMENT
  1. China Yuchai International Ltd (CYD) - 3,358,635 shares, 43.48% of the total portfolio. Shares reduced by 1.53%
  2. Genworth Financial Inc (GNW) - 5,798,900 shares, 15.54% of the total portfolio. Shares added by 0.89%
  3. Avon Products Inc (AVP) - 4,133,990 shares, 11.17% of the total portfolio. Shares added by 26.54%
  4. Deutsche Bank AG (DB) - 681,750 shares, 8.62% of the total portfolio. Shares added by 20.39%
  5. GNC Holdings Inc (GNC) - 1,096,155 shares, 6.57% of the total portfolio. Shares added by 64.63%
New Purchase: Noble Group Ltd (NOBGY)

Shah Capital Management initiated holdings in Noble Group Ltd. The purchase prices were between $2.25 and $16.25, with an estimated average price of $7.55. The stock is now traded at around $4.86. The impact to the portfolio due to this purchase was less than 0.01%. The holdings were 2,324,000 shares as of 2017-06-30.

Added: GNC Holdings Inc (GNC)

Shah Capital Management added to the holdings in GNC Holdings Inc by 64.63%. The purchase prices were between $6.65 and $9.2, with an estimated average price of $7.51. The stock is now traded at around $7.94. The impact to the portfolio due to this purchase was 2.58%. The holdings were 1,096,155 shares as of 2017-06-30.

Added: Avon Products Inc (AVP)

Shah Capital Management added to the holdings in Avon Products Inc by 26.54%. The purchase prices were between $3.35 and $4.85, with an estimated average price of $3.92. The stock is now traded at around $3.69. The impact to the portfolio due to this purchase was 2.34%. The holdings were 4,133,990 shares as of 2017-06-30.

Added: Deutsche Bank AG (DB)

Shah Capital Management added to the holdings in Deutsche Bank AG by 20.39%. The purchase prices were between $15.86 and $19.35, with an estimated average price of $17.68. The stock is now traded at around $18.77. The impact to the portfolio due to this purchase was 1.46%. The holdings were 681,750 shares as of 2017-06-30.

Added: Seadrill Ltd (SDRL)

Shah Capital Management added to the holdings in Seadrill Ltd by 36.27%. The purchase prices were between $0.36 and $1.67, with an estimated average price of $0.61. The stock is now traded at around $0.37. The impact to the portfolio due to this purchase was 0.48%. The holdings were 7,089,967 shares as of 2017-06-30.

Added: Nordic American Offshore Ltd (NAO)

Shah Capital Management added to the holdings in Nordic American Offshore Ltd by 42.68%. The purchase prices were between $0.87 and $1.23, with an estimated average price of $1.06. The stock is now traded at around $1.21. The impact to the portfolio due to this purchase was 0.3%. The holdings were 1,130,000 shares as of 2017-06-30.

Sold Out: Cameco Corp (CCJ)

Shah Capital Management sold out the holdings in Cameco Corp. The sale prices were between $9.04 and $11.8, with an estimated average price of $9.98.



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