VAS

VR Advisory Services Portfolio holdings

AUM $375M
This Quarter Return
-10.88%
1 Year Return
+33.23%
3 Year Return
+101.69%
5 Year Return
+431.64%
10 Year Return
–
AUM
$117M
AUM Growth
+$117M
Cap. Flow
-$5.24M
Cap. Flow %
-4.47%
Top 10 Hldgs %
97.26%
Holding
29
New
2
Increased
3
Reduced
3
Closed
1

Top Buys

1
IRCP
IRSA Propiedades Comerciales S.A.
IRCP
$932K
2
VLRS
Controladora Vuela Compañía de Aviación
VLRS
$897K
3
PAM icon
Pampa Energía
PAM
$487K
4
CRESY
Cresud
CRESY
$158K
5
SMSHW
Smaaash Entertainment Inc. Warrant
SMSHW
$35K

Top Sells

1
REN
Resolute Energy Corporaton
REN
$6.13M
2
GPRK icon
GeoPark
GPRK
$1.44M
3
PANL icon
Pangaea Logistics
PANL
$101K
4
IAMXW
I-AM Capital Acquisition Company Warrant
IAMXW
$70K

Sector Composition

1 Utilities 35%
2 Energy 28.39%
3 Real Estate 21.59%
4 Industrials 9.17%
5 Consumer Staples 1.98%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
PAM icon
1
Pampa Energía
PAM
$3.67B
$41M 35%
1,288,683
+15,300
+1% +$487K
IRS
2
IRSA Inversiones y Representaciones
IRS
$1.11B
$24.4M 20.8%
1,865,034
– –
REN
3
DELISTED
Resolute Energy Corporaton
REN
$19M 16.25%
656,595
-211,619
-24% -$6.13M
TGS icon
4
Transportadora de Gas del Sur
TGS
$4.09B
$9.07M 7.74%
604,595
– –
PANL icon
5
Pangaea Logistics
PANL
$348M
$5.3M 4.53%
1,749,767
-33,400
-2% -$101K
CRESY
6
Cresud
CRESY
$615M
$3.84M 3.28%
316,416
+13,029
+4% +$158K
HFRO
7
Highland Opportunities and Income Fund
HFRO
$340M
$3.84M 3.28%
300,000
– –
SM icon
8
SM Energy
SM
$3.28B
$2.71M 2.31%
175,000
– –
GPRK icon
9
GeoPark
GPRK
$340M
$2.44M 2.08%
176,654
-104,566
-37% -$1.44M
AGRO icon
10
Adecoagro
AGRO
$847M
$2.31M 1.98%
332,432
– –
VLRS
11
Controladora Vuela Compañía de Aviación
VLRS
$708M
$1.6M 1.36%
298,670
+167,702
+128% +$897K
IRCP
12
DELISTED
IRSA Propiedades Comerciales S.A.
IRCP
$932K 0.8%
+51,713
New +$932K
TMCXW
13
DELISTED
Trinity Merger Corp. Warrant
TMCXW
$79K 0.07%
200,000
– –
BRACW
14
DELISTED
Black Ridge Acquisition Corp. Warrant
BRACW
$64K 0.05%
200,000
– –
NRXPW icon
15
NRX Pharmaceuticals, Inc. Warrant
NRXPW
$1.38M
$62K 0.05%
160,379
– –
LTRYW icon
16
Lottery.com, Inc. Warrants
LTRYW
$272K
$60K 0.05%
200,000
– –
BFIIW
17
DELISTED
BurgerFi International, Inc. Warrant
BFIIW
$58K 0.05%
200,000
– –
TWLVW
18
DELISTED
Twelve Seas Investment Company Warrant
TWLVW
$52K 0.04%
200,000
– –
GIG.WS
19
DELISTED
GigCapital, Inc. Warrants, each whole Warrant exercisable for one share of Common Stock at an exerci
GIG.WS
$50K 0.04%
200,000
– –
CMSSW
20
DELISTED
CM Seven Star Acquisition Corporation Warrant
CMSSW
$50K 0.04%
200,000
– –
LTN.WS
21
DELISTED
Union Acquisition Corp.
LTN.WS
$50K 0.04%
200,000
– –
HCCHW
22
DELISTED
HL Acquisitions Corp. Warrant
HCCHW
$45K 0.04%
150,000
– –
SMSHW
23
DELISTED
Smaaash Entertainment Inc. Warrant
SMSHW
$35K 0.03%
+200,000
New +$35K
HUNTW
24
DELISTED
Hunter Maritime Acquisition Corp. Warrant
HUNTW
$34K 0.03%
200,000
– –
BCACW
25
DELISTED
Bison Capital Acquistion Corp Warrant
BCACW
$32K 0.03%
134,748
– –
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