VEON
VEON
41 hedge funds and large institutions have $218M invested in VEON in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 18 reducing their positions, and 39 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
0.02% more ownership
Funds ownership: 0.69% → 0.71% (+0.02%)
32% less capital invested
Capital invested by funds: $322M → $218M (-$105M)
46% less funds holding
Funds holding: 76 → 41 (-35)
61% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 18
85% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Helikon Investments
London,
United Kingdom
|
+$11.3M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$3.38M |
| 3 |
DCM
DG Capital Management
New York
|
+$3.07M |
| 4 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$2.29M |
| 5 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$6.37M |
| 2 |
VanEck Associates
New York
|
-$3.61M |
| 3 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$2.28M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$805K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$524K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWA
76
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$2.57K | -210 | Closed |
|
|
JEST
77
JTC Employer Solutions Trustee
St Helier,
Jersey
| – | -$2K | -126 | Closed |
|
78
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$196 | -16 | Closed |
|
79
Fidelity Investments
Boston,
Massachusetts
| – | -$4 | – | – |
|
|
TRCT
80
Tower Research Capital (TRC)
New York
| – | +$321 | +20 | New |
|
VEON Hedge Fund Activity: Q1 2023 in Review
41 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in VEON (VEON) for Q1 2023, worth a combined $218M — down 32% from $322M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of VEON and 6 opened new positions — a net loss of 33 holders — while 18 trimmed existing stakes and 7 added.
The largest buyer was Helikon Investments, opening a new position worth an estimated $11.3M. The largest seller was Kopernik Global Investors, cutting an estimated $6.37M.
- 41 institutional investors held VEON (VEON) as of Q1 2023, down from 76 in Q4 2022.
- Funds reported $218M of VEON stock for Q1 2023, down 32% quarter-over-quarter.
- 6 funds opened new VEON positions in Q1 2023 and 39 closed out, a net change of -33 holders.
- The largest VEON buyer in Q1 2023 was Helikon Investments, an estimated $11.3M added.
- The largest VEON seller in Q1 2023 was Kopernik Global Investors, an estimated $6.37M sold.
Based on aggregated 13F filings for Q1 2023.