VAS

VR Advisory Services Portfolio holdings

AUM $375M
This Quarter Return
-10.41%
1 Year Return
+33.23%
3 Year Return
+101.69%
5 Year Return
+431.64%
10 Year Return
–
AUM
$383M
AUM Growth
+$383M
Cap. Flow
+$26.8M
Cap. Flow %
6.99%
Top 10 Hldgs %
90.48%
Holding
33
New
2
Increased
3
Reduced
1
Closed
3

Top Buys

1
HEPS
D-Market Electronic Services & Trading
HEPS
$27.6M
2
KSPI icon
Kaspi.kz JSC
KSPI
$11.1M
3
PUMP icon
ProPetro Holding
PUMP
$8.63M
4
PBF icon
PBF Energy
PBF
$2.31M
5
FLDDW
Fold Holdings, Inc. Warrant
FLDDW
$139K

Top Sells

1
NBIS
Nebius Group N.V. Class A Ordinary Shares
NBIS
$15M
2
TGS icon
Transportadora de Gas del Sur
TGS
$5.17M
3
BABA icon
Alibaba
BABA
$2.12M
4
NIO icon
NIO
NIO
$654K

Sector Composition

1 Energy 39.17%
2 Technology 23.14%
3 Industrials 11.85%
4 Consumer Discretionary 9.23%
5 Real Estate 7.58%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
YPF icon
1
YPF
YPF
$12B
$119M 31.12%
3,405,533
– –
KSPI icon
2
Kaspi.kz JSC
KSPI
$17.9B
$88.7M 23.14%
955,462
+119,299
+14% +$11.1M
HEPS
3
D-Market Electronic Services & Trading
HEPS
$900M
$35.4M 9.23%
12,413,583
+9,667,225
+352% +$27.6M
IRS
4
IRSA Inversiones y Representaciones
IRS
$1.11B
$29M 7.58%
2,251,611
– –
PAM icon
5
Pampa Energía
PAM
$3.67B
$21M 5.48%
272,013
– –
AL icon
6
Air Lease Corp
AL
$7.18B
$18.1M 4.72%
375,000
– –
TGS icon
7
Transportadora de Gas del Sur
TGS
$4.09B
$11.4M 2.98%
432,458
-195,406
-31% -$5.17M
PUMP icon
8
ProPetro Holding
PUMP
$530M
$8.63M 2.25%
+1,174,725
New +$8.63M
ECO
9
Okeanis Eco Tankers
ECO
$864M
$7.71M 2.01%
350,088
– –
CAR icon
10
Avis
CAR
$5.57B
$7.56M 1.97%
99,643
– –
AER icon
11
AerCap
AER
$22.2B
$7.46M 1.95%
73,000
– –
INDV icon
12
Indivior
INDV
$3.07B
$6.01M 1.57%
641,210
– –
NBR icon
13
Nabors Industries
NBR
$543M
$5.62M 1.47%
134,789
– –
CRESY
14
Cresud
CRESY
$615M
$4.6M 1.2%
416,109
– –
IRS.WS
15
IRSA Inversiones y Representaciones S.A. Warrants to purchase Common Shares
IRS.WS
$114M
$3.85M 1%
2,730,134
– –
PBF icon
16
PBF Energy
PBF
$3.3B
$3.26M 0.85%
170,945
+120,945
+242% +$2.31M
GPRK icon
17
GeoPark
GPRK
$339M
$1.9M 0.49%
234,685
– –
VEON icon
18
VEON
VEON
$4.05B
$1.86M 0.49%
42,703
– –
CRESW
19
Cresud S.A.C.I.F. y A. Warrant
CRESW
$49M
$1.6M 0.42%
1,924,767
– –
FLDDW
20
Fold Holdings, Inc. Warrant
FLDDW
$5.6M
$139K 0.04%
+187,500
New +$139K
SOUNW icon
21
SoundHound AI, Inc. Warrant
SOUNW
$2.38B
$87.5K 0.02%
25,000
– –
BKKT.WS icon
22
Bakkt Holdings Inc Warrants
BKKT.WS
$1.26M
$33K 0.01%
150,000
– –
AENTW icon
23
Alliance Entertainment Holding Corp Warrants
AENTW
$16.3M
$20K 0.01%
100,000
– –
BKSY.WS icon
24
BlackSky Technology Inc. Redeemable Warrants, each whole Warrant exercisable for one-eighth (1/8th) of a share of Class A Common Stock at an exercise price of $92.00 per whole share
BKSY.WS
$4.05M
$16.9K ﹤0.01%
130,600
– –
PSQH.WS icon
25
PSQ Holdings, Inc. Warrants, each exercisable for one share of Class A common stock at an exercise price of $11.50 per share
PSQH.WS
$7.74M
$12.3K ﹤0.01%
53,333
– –
1
2