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SHAH CAPITAL MANAGEMENT
Legal name: SHAH CAPITAL MANAGEMENT, INC
CRD 133941File 801-63881
APPROVED
Retail clients
Custody
Filing as of Feb 23, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$768.0M
Above cohort median (national)
Discretionary AUM
$768.0M
Clients
51
83 accounts
Employees
4
Above cohort median in NC
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- ARO
- Registration date
- Feb 4, 2005
- Principal office
- 2301 SUGAR BUSH ROAD, SUITE 510, RALEIGH, NC, 27612
- Phone
- 919-719-6360
- Website
- HTTP://WWW.SHAHCAPITAL.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $768.0M
- Discretionary AUM
- $768.0M
- Non-discretionary AUM
- $0
- Discretionary accounts
- 83
- Non-discretionary accounts
- 0
- Total accounts
- 83
- AUM per client
- $15.1M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| High net worth individuals | 27 | $60.1M |
| Pooled investment vehicles | 1 | $674.5M |
| Individuals (other than high net worth individuals) | 23 | $18.8M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Portfolio management for pooled investment vehicles
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Aug 17, 2026 | Clients | 57 | 51 | decreased by6 |
| Mar 1, 2026 | Clients | 58 | 57 | decreased by1 |
| Mar 1, 2026 | AUM | $639,263,299 | $768,017,626 | increased by$128,754,327 |
| Mar 1, 2026 | Accounts | 84 | 83 | decreased by1 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 6 | 4 | decreased by2 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 60 | 58 | decreased by2 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $466,109,220 | $639,263,299 | increased by$173,154,079 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 93 | 84 | decreased by9 |
| May 1, 2022 | Clients | 57 | 60 | increased by3 |
| May 1, 2022 | AUM | $442,817,981 | $466,109,220 | increased by$23,291,239 |
| Apr 1, 2022 | Clients | 62 | 57 | decreased by5 |
| Apr 1, 2022 | AUM | $422,110,428 | $442,817,981 | increased by$20,707,553 |
| Apr 1, 2022 | Accounts | 99 | 93 | decreased by6 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “SHAH CAPITAL” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“SHAH CAPITAL” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.