Kora Management’s Nebius Group N.V. NBIS Stock Holding History

Kora Management’s Portfolio NBIS Stock Details NBIS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$129M	Sell	466,616 -589,200	-56%	-$117M	15.29%	2
2026 Q1	$110M	Buy	1,055,816 +203,000	+24%	+$20.3M	15.62%	2
2025 Q4	$71.4M	Buy	852,816 +116,572	+16%	+$12.1M	9.51%	3
2025 Q3	$82.7M	Sell	736,244 -780,732	-51%	-$54.2M	8.78%	3
2025 Q2	$83.9M	Sell	1,516,976 -653,500	-30%	-$22.5M	10.32%	2
2025 Q1	$45.8M	Sell	2,170,476 -1,020,000	-32%	-$33.6M	5.99%	3
2024 Q4	$88.4M	Buy	+3,190,476	New	+$77.8M	10.26%	3
2020 Q4	–	Sell	-500,000	Closed	-$32.6M	–	6
2020 Q3	$32.6M	Buy	+500,000	New	+$29.8M	3.82%	5
2020 Q2	–	Sell	-1,426,000	Closed	-$48.6M	–	9
2020 Q1	$48.6M	Hold	1,426,000	–	–	10.99%	2
2019 Q4	$62M	Hold	1,426,000	–	–	13.25%	2
2019 Q3	$49.9M	Buy	1,426,000 +312,000	+28%	+$11.8M	13.25%	2
2019 Q2	$42.3M	Hold	1,114,000	–	–	12.56%	3
2019 Q1	$38.3M	Hold	1,114,000	–	–	16.86%	3
2018 Q4	$30.5M	Hold	1,114,000	–	–	19.41%	2
2018 Q3	$36.6M	Hold	1,114,000	–	–	18.69%	3
2018 Q2	$40M	Buy	1,114,000 +142,500	+15%	+$4.97M	18.35%	3
2018 Q1	$38.3M	Buy	971,500 +276,500	+40%	+$10.9M	16.9%	4
2017 Q4	$22.8M	Buy	695,000 +150,000	+28%	+$4.89M	14.47%	4
2017 Q3	$18M	Hold	545,000	–	–	10.43%	5
2017 Q2	$14.3M	Buy	545,000 +125,000	+30%	+$3.26M	9.14%	6
2017 Q1	$9.21M	Buy	+420,000	New	+$9.57M	5.46%	9

Other funds holding NBIS

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $29.1B AUM 60.8% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

VARA

Value Aligned Research Advisors Princeton, New Jersey $40.1B AUM 376.19% 1-Year Est. Return

FAM

Fred Alger Management New York $30B AUM 76.99% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Situational Awareness San Francisco, California $20.2B AUM 612.59% 1-Year Est. Return

LPC

Lone Pine Capital Greenwich, Connecticut $16.4B AUM 99.7% 1-Year Est. Return

Kora Management's NBIS Position: Q2 2026 in Review

Kora Management reduced its Nebius Group N.V. (NBIS) stake by 56% in Q2 2026, selling an estimated $117M and leaving 466,616 shares worth $129M. The position accounts for 15.29% of the portfolio, ranked #2.

Kora Management first reported a position in NBIS in Q1 2017 and has held it in 21 quarters since. 1,059 funds tracked by Wall St. Rank hold NBIS as of Q2 2026.

Kora Management held 466,616 shares of Nebius Group N.V. worth $129M as of Q2 2026.
Kora Management sold 589,200 Nebius Group N.V. shares in Q2 2026, an estimated $117M.
Nebius Group N.V. made up 15.29% of Kora Management's portfolio in Q2 2026, its #2 holding.
Kora Management first reported a position in Nebius Group N.V. in Q1 2017 and has held it in 21 quarters since.
1,059 funds tracked by Wall St. Rank held Nebius Group N.V. as of Q2 2026.

Based on Kora Management's 13F filing for Q2 2026, filed 14 Aug 2026.