VAS

VR Advisory Services Portfolio holdings

AUM $375M
This Quarter Return
-9.08%
1 Year Return
+33.23%
3 Year Return
+101.69%
5 Year Return
+431.64%
10 Year Return
–
AUM
$84.4M
AUM Growth
+$84.4M
Cap. Flow
-$23.9M
Cap. Flow %
-28.31%
Top 10 Hldgs %
98.99%
Holding
30
New
2
Increased
1
Reduced
3
Closed
4

Top Buys

1
XEC
CIMAREX ENERGY CO
XEC
$551K
2
PAM icon
Pampa Energía
PAM
$276K
3
BIOX.WS
Bioceres Crop Solutions Corp Warrants, exercisable for ordinary shares
BIOX.WS
$54K

Top Sells

1
REN
Resolute Energy Corporaton
REN
$19M
2
SM icon
SM Energy
SM
$2.71M
3
VLRS
Controladora Vuela Compañía de Aviación
VLRS
$2.26M
4
PANL icon
Pangaea Logistics
PANL
$675K
5
LTN.WS
Union Acquisition Corp.
LTN.WS
$50K

Sector Composition

1 Utilities 42.4%
2 Real Estate 25.34%
3 Energy 13.69%
4 Industrials 10.24%
5 Consumer Staples 2.71%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
PAM icon
1
Pampa Energía
PAM
$3.5B
$35.8M 42.4%
1,298,683
+10,000
+0.8% +$276K
IRS
2
IRSA Inversiones y Representaciones
IRS
$1.09B
$20.3M 24.07%
1,865,034
– –
TGS icon
3
Transportadora de Gas del Sur
TGS
$3.88B
$7.96M 9.42%
604,595
– –
PANL icon
4
Pangaea Logistics
PANL
$340M
$4.7M 5.56%
1,529,922
-219,845
-13% -$675K
HFRO
5
Highland Opportunities and Income Fund
HFRO
$341M
$4.17M 4.93%
300,000
– –
CRESY
6
Cresud
CRESY
$588M
$3.67M 4.34%
316,416
– –
GPRK icon
7
GeoPark
GPRK
$336M
$3.05M 3.62%
176,654
– –
AGRO icon
8
Adecoagro
AGRO
$835M
$2.29M 2.71%
332,432
– –
IRCP
9
DELISTED
IRSA Propiedades Comerciales S.A.
IRCP
$1.07M 1.27%
51,713
– –
XEC
10
DELISTED
CIMAREX ENERGY CO
XEC
$551K 0.65%
+7,880
New +$551K
VLRS
11
Controladora Vuela Compañía de Aviación
VLRS
$703M
$282K 0.33%
33,157
-265,513
-89% -$2.26M
TMCXW
12
DELISTED
Trinity Merger Corp. Warrant
TMCXW
$72K 0.09%
200,000
– –
HUNTW
13
DELISTED
Hunter Maritime Acquisition Corp. Warrant
HUNTW
$61K 0.07%
132,120
-67,880
-34% -$31.3K
BRACW
14
DELISTED
Black Ridge Acquisition Corp. Warrant
BRACW
$60K 0.07%
200,000
– –
GIG.WS
15
DELISTED
GigCapital, Inc. Warrants, each whole Warrant exercisable for one share of Common Stock at an exerci
GIG.WS
$57K 0.07%
200,000
– –
BIOX.WS
16
DELISTED
Bioceres Crop Solutions Corp Warrants, exercisable for ordinary shares
BIOX.WS
$54K 0.06%
+200,000
New +$54K
TWLVW
17
DELISTED
Twelve Seas Investment Company Warrant
TWLVW
$52K 0.06%
200,000
– –
BFIIW
18
DELISTED
BurgerFi International, Inc. Warrant
BFIIW
$48K 0.06%
200,000
– –
HCCHW
19
DELISTED
HL Acquisitions Corp. Warrant
HCCHW
$38K 0.05%
150,000
– –
CMSSW
20
DELISTED
CM Seven Star Acquisition Corporation Warrant
CMSSW
$34K 0.04%
200,000
– –
LTRYW icon
21
Lottery.com, Inc. Warrants
LTRYW
$276K
$32K 0.04%
200,000
– –
NRXPW icon
22
NRX Pharmaceuticals, Inc. Warrant
NRXPW
$1.38M
$29K 0.03%
160,379
– –
BCACW
23
DELISTED
Bison Capital Acquistion Corp Warrant
BCACW
$27K 0.03%
134,748
– –
JSYNW
24
DELISTED
Jensyn Acquistion Corp. Warrants
JSYNW
$5K 0.01%
78,538
– –
KBLMW
25
DELISTED
KBL Merger Corp. IV Warrant
KBLMW
$4K ﹤0.01%
37,370
– –
1
2