Q3 2025 · 13F-HR
VR Advisory Services Ltdholdings as filed
Filed 2025-11-14 · accession 0001348145-25-000003
$412.4M
Reported value
36
Positions
2025-09-30
Period end
The Brief · VR Advisory Services Ltd · Q3 2025
AI · grounded in 13F
VR Advisory Services Ltd established a new position in KSPI valued at $87.99M. The fund also initiated new stakes in YPF for $87.57M and HEPS for $42.88M. Additional new positions include IRS at $31.44M and AL at $23.86M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 48581R205 | KSPI | KASPI KZ JSC | $88.0M | 21.3% | 1,077,369 | Common | SOLE |
| 984245100 | YPF | YPF SOCIEDAD ANONIMA | $87.6M | 21.2% | 3,605,533 | Common | SOLE |
| 23292B104 | HEPS | D MARKET ELECTR SVCS & TRADI | $42.9M | 10.4% | 15,941,737 | Common | SOLE |
| 450047303 | IRS | IRSA INVERSIONES Y REP S A | $31.4M | 7.63% | 2,656,161 | Common | SOLE |
| 00912X302 | AL | AIR LEASE CORP | $23.9M | 5.79% | 375,000 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $21.7M | 5.27% | 1,211,747 | Common | SOLE |
| 74347M108 | PUMP | PROPETRO HLDG CORP | $19.3M | 4.67% | 3,679,359 | Common | SOLE |
| 697660207 | PAM | PAMPA ENERGIA S A | $16.3M | 3.96% | 272,013 | Common | SOLE |
| N00985106 | AER | AERCAP HOLDINGS NV | $13.3M | 3.23% | 110,000 | Common | SOLE |
| 92837L109 | VIST | VISTA ENERGY S.A.B. DE C.V. | $12.7M | 3.07% | 368,652 | Common | SOLE |
| Y64177101 | ECO | OKEANIS ECO TANKERS COR | $10.3M | 2.49% | 350,088 | Common | SOLE |
| 226406106 | CRESY | CRESUD S A C I F Y A | $8.2M | 1.98% | 886,474 | Common | SOLE |
| G6359F137 | NBR | NABORS INDUSTRIES LTD | $5.5M | 1.34% | 134,789 | Common | SOLE |
| 91822M502 | VEON | VEON LTD | $5.5M | 1.32% | 100,166 | Common | SOLE |
| 69318G106 | PBF | PBF ENERGY INC | $5.2M | 1.25% | 170,945 | Common | SOLE |
| G4766E116 | INDV | INDIVIOR PLC | $4.8M | 1.17% | 199,997 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $4.7M | 1.13% | 55,187 | Common | SOLE |
| 893870204 | TGS | TRANSPORTADORA DE GAS SUR | $4.1M | 0.99% | 195,115 | Common | SOLE |
| 42328V876 | HSDT | HELIUS MED TECHNOLOGIES INC | $3.6M | 0.87% | 581,310 | Common | SOLE |
| G38327105 | GPRK | GEOPARK LTD | $1.5M | 0.36% | 234,685 | Common | SOLE |
| 92864M822 | SOLZ | VOLATILITY SHS TR | $1.3M | 0.31% | 58,000 | Common | SOLE |
| 05580M108 | RILY | B. RILEY FINANCIAL INC | $230,724 | 0.06% | 52,000 | Common | SOLE |
| 836100115 | SOUNW | SOUNDHOUND AI INC | $179,625 | 0.04% | 25,000 | Common | SOLE |
| 29103K118 | FLDDW | FOLD HLDGS INC | $94,088 | 0.02% | 187,500 | Common | SOLE |
| 05759B115 | BKKT/WS | BAKKT HOLDINGS INC | $67,500 | 0.02% | 150,000 | Common | SOLE |
| 01861F110 | AENTW | ALLIANCE ENTERTAINMENT HOLDI | $59,000 | 0.01% | 100,000 | Common | SOLE |
| M7S64L107 | PGYWW | PAGAYA TECHNOLOGIES LTD | $33,340 | 0.01% | 66,666 | Common | SOLE |
| 654484153 | NIOBW | NIOCORP DEVS LTD | $28,255 | 0.01% | 15,356 | Common | SOLE |
| 09263B116 | BKSY/WS | BLACKSKY TECHNOLOGY INC | $22,032 | 0.01% | 130,600 | Common | SOLE |
| 738920107 | ASBPW | ASPIRE BIOPHARMA HLDGS INC | $20,063 | 0.00% | 97,391 | Common | SOLE |
| 84445C118 | SLND/WS | SOUTHLAND HLDGS INC | $14,468 | 0.00% | 75,000 | Common | SOLE |
| 182744110 | KIDZW | CLASSOVER HLDGS INC | $12,030 | 0.00% | 150,000 | Common | SOLE |
| 693691115 | PSQH/WS | PSQ HOLDINGS INC | $10,139 | 0.00% | 53,333 | Common | SOLE |
| 20460L112 | SPWRW | COMPLETE SOLARIA INC | $9,956 | 0.00% | 37,500 | Common | SOLE |
| 738920115 | ASBPW | ASPIRE BIOPHARMA HLDGS INC | $2,981 | 0.00% | 99,692 | Common | SOLE |
| G6964L115 | — | PAYSAFE LIMITED | $2,447 | 0.00% | 132,285 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.