VR Advisory Services Ltd — 13F Holdings & Portfolio
CIK 1348145 · latest 13F-HR filed 2026-05-15
VR Advisory Services Ltd manages $844.9M in 13F-reported U.S. long-equity assets across 40 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are YPF (17.68%), KSPI (9.44%), AERO (8.60%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 7 new positions, exited 4, added to 13, and trimmed 15.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$844.9M
Long-equity book
40
Distinct positions
2026-03-31
Filed 2026-05-15
+7 / −4 / ↑13 / ↓15
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- YPF SOCIEDAD ANONIMA$32.5M +27.8%
- PROPETRO HLDG CORP$27.3M +330.7%
- AERCAP HOLDINGS NV$24.0M +83.6%
- VEON LTD$13.0M +246.1%
- LIFE TIME GROUP HOLDINGS INC$12.8M +67.0%
Top Trims
- GRUPO AEROMEXICO SAB DE CV-$37.1M -33.8%
- KASPI KZ JSC-$4.4M -5.2%
- LULULEMON ATHLETICA INC-$1.8M -7.2%
- GEOPARK LTD-$1.1M -13.9%
- SOLANA CO-$674.3K -40.1%
New Positions
- COTERRA ENERGY INC$47.8M
- USA TODAY CO INC$26.0M
- KYIVSTAR GROUP LTD$16.9M
- NU HLDGS LTD$14.4M
- CF INDUSTRIES HOLD$10.5M
Exited Positions
- NABORS INDUSTRIES LTD$7.3M
- JEFFERIES FINL GROUP INC$6.7M
- PBF ENERGY INC$4.6M
- ASPIRE BIOPHARMA HLDGS INC$12.8K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | YPF SOCIEDAD ANONIMA | YPF | 984245100 | $149.4M | 17.68% | 3,231,396 | SH |
| 2 | KASPI KZ JSC | KSPI | 48581R205 | $79.8M | 9.44% | 1,077,369 | SH |
| 3 | GRUPO AEROMEXICO SAB DE CV | AERO | 40054J109 | $72.7M | 8.60% | 5,187,423 | SH |
| 4 | AERCAP HOLDINGS NV | AER | N00985106 | $52.8M | 6.25% | 384,793 | SH |
| 5 | COTERRA ENERGY INC | CTRA | 127097103 | $47.8M | 5.66% | 1,360,808 | SH |
| 6 | IRSA INVERSIONES Y REP S A | IRS | 450047303 | $43.3M | 5.12% | 2,670,087 | SH |
| 7 | D MARKET ELECTR SVCS & TRADI | HEPS | 23292B104 | $43.2M | 5.11% | 16,472,821 | SH |
| 8 | CORE SCIENTIFIC INC NEW | CORZ | 21874A106 | $36.1M | 4.27% | 2,412,954 | SH |
| 9 | PROPETRO HLDG CORP | PUMP | 74347M108 | $35.5M | 4.20% | 2,464,913 | SH |
| 10 | LIFE TIME GROUP HOLDINGS INC | LTH | 53190C102 | $31.8M | 3.76% | 1,179,594 | SH |
| 11 | TELEPHONE & DATA SYS INC | TDS | 879433829 | $30.8M | 3.64% | 730,904 | SH |
| 12 | VISTA ENERGY S.A.B. DE C.V. | VIST | 92837L109 | $27.8M | 3.29% | 368,652 | SH |
| 13 | USA TODAY CO INC | TDAY | 36472T109 | $26.0M | 3.07% | 3,681,483 | SH |
| 14 | LULULEMON ATHLETICA INC | LULU | 550021109 | $22.8M | 2.69% | 148,702 | SH |
| 15 | PAMPA ENERGIA SA | PAM | 697660207 | $20.5M | 2.43% | 232,138 | SH |
| 16 | VEON LTD | VEON | 91822M502 | $18.2M | 2.16% | 393,647 | SH |
| 17 | OKEANIS ECO TANKERS COR | ECO | Y64177101 | $17.4M | 2.06% | 343,729 | SH |
| 18 | KYIVSTAR GROUP LTD | KYIV | G5331N101 | $16.9M | 2.00% | 1,666,276 | SH |
| 19 | NU HLDGS LTD | NU | G6683N103 | $14.4M | 1.70% | 1,000,000 | SH |
| 20 | CF INDUSTRIES HOLD | CF | 125269100 | $10.5M | 1.24% | 80,780 | SH |
| 21 | PAR PAC HOLDINGS INC | PARR | 69888T207 | $9.4M | 1.11% | 150,000 | SH |
| 22 | CRESUD S A C I F Y A | CRESY | 226406106 | $8.8M | 1.04% | 692,830 | SH |
| 23 | MICRON TECHNOLOGY INC | MU | 595112103 | $7.8M | 0.92% | 23,000 | SH |
| 24 | GEOPARK LTD | GPRK | G38327105 | $7.1M | 0.83% | 742,478 | SH |
| 25 | TRANSPORTADORA DE GAS DEL SU | TGS | 893870204 | $6.8M | 0.80% | 195,115 | SH |
| 26 | NEWMONT CORP | NEM | 651639106 | $6.0M | 0.71% | 55,187 | SH |
| 27 | SOLANA CO | HSDT | 42328V876 | $1.0M | 0.12% | 581,310 | SH |
| 28 | VOLATILITY SHS TR | SOLZ | 92864M822 | $484.8K | 0.06% | 58,000 | SH |
| 29 | ALLIANCE ENTERTAINMENT HOLDI | AENTW | 01861F110 | $60.0K | 0.01% | 100,000 | SH |
| 30 | SOUNDHOUND AI INC | SOUNW | 836100115 | $54.5K | 0.01% | 25,000 | SH |
| 31 | NIOCORP DEVS LTD | NIOBW | 654484153 | $26.3K | 0.00% | 15,356 | SH |
| 32 | FOLD HLDGS INC | FLDDW | 29103K118 | $20.6K | 0.00% | 187,500 | SH |
| 33 | BAKKT INC | BKKT.WS | 05759B115 | $20.4K | 0.00% | 150,000 | SH |
| 34 | SUNPOWER INC | SPWRW | 20460L112 | $9.4K | 0.00% | 37,500 | SH |
| 35 | BLACKSKY TECHNOLOGY INC | BKSY.WS | 09263B116 | $5.7K | 0.00% | 130,600 | SH |
| 36 | SOUTHLAND HLDGS INC | SLND.WS | 84445C118 | $2.6K | 0.00% | 75,000 | SH |
| 37 | PAGAYA TECHNOLOGIES LTD | PGYWW | M7S64L107 | $2.5K | 0.00% | 66,666 | SH |
| 38 | CLASSOVER HLDGS INC | KIDZW | 182744110 | $2.5K | 0.00% | 150,000 | SH |
| 39 | PSQ HOLDINGS INC | PSQH.WS | 693691115 | $2.4K | 0.00% | 53,333 | SH |
| 40 | ASPIRE BIOPHARMA HLDGS INC | ASBPW | 738920115 | $1.7K | 0.00% | 99,692 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $844.9M | 40 | 0001315863-26-000424 |
| 2025-12-31 | 2026-02-18 | $631.8M | 37 | 0001315863-26-000188 |
| 2025-12-31 | 2026-02-17 | $522.4M | 37 | 0001315863-26-000170 |