VEON
VEON
117 hedge funds and large institutions have $727M invested in VEON in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 36 increasing their positions, 36 reducing their positions, and 21 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
9% more capital invested
Capital invested by funds: $667M → $727M (+$59.7M)
3% more funds holding
Funds holding: 114 → 117 (+3)
0% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 36
70% less call options, than puts
Call options by funds: $840K | Put options by funds: $2.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$27M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$24.8M |
| 3 |
SC
Sculptor Capital
New York
|
+$21.2M |
| 4 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
+$18.8M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
-$20.9M |
| 2 |
FCE
Fiera Capital (Europe)
Grand Cayman,
Cayman Islands
|
-$20M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$19.2M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$15.8M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARTA
126
A.R.T. Advisors
New York
| – | -$537K | -5,588 | Closed |
|
127
Nomura Holdings
Tokyo,
Japan
| – | -$385K | -4,000 | Closed |
|
|
PG
128
PEAK6 Group
Chicago,
Illinois
| – | -$283K | -2,940 | Closed |
|
129
Legal & General Group
London,
United Kingdom
| – | -$216K | -2,244 | Closed |
|
|
CCI
130
Credit Capital Investments
Livingston,
New Jersey
| – | -$193K | -2,000 | Closed |
|
131
Wolverine Trading
Chicago,
Illinois
| – | -$110K | -1,144 | Closed |
|
132
Jane Street
New York
| – | -$87K | -899 | Closed |
|
|
QSS
133
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$70K | -741 | Closed |
|
|
ED
134
Exane Derivatives
Paris,
France
| – | -$55.6K | -577 | Closed |
|
|
TSS
135
Two Sigma Securities
New York
| – | -$49K | -504 | Closed |
|
136
DZ Bank
Frankfurt Am Main,
Germany
| – | -$34K | -357 | Closed |
|
|
FTUS
137
Flow Traders U.S.
New York
| – | -$22K | -226 | Closed |
|
|
HIIFS
138
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$11K | -114 | Closed |
|
|
CWM
139
Cranbrook Wealth Management
Bloomfield Hills,
Michigan
| – | +$513 | +5 | New |
|
VEON Hedge Fund Activity: Q1 2017 in Review
117 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in VEON (VEON) for Q1 2017, worth a combined $727M — up 8.9% from $667M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new VEON positions and 21 closed out — a net gain of 6 holders — while 36 added to existing stakes and 36 trimmed.
The largest buyer was Raging Capital Management, opening a new position worth an estimated $27M. The largest seller was Prudential plc, exiting entirely with an estimated $20.9M sold.
- 117 institutional investors held VEON (VEON) as of Q1 2017, up from 114 in Q4 2016.
- Funds reported $727M of VEON stock for Q1 2017, up 8.9% quarter-over-quarter.
- 27 funds opened new VEON positions in Q1 2017 and 21 closed out, a net change of +6 holders.
- The largest VEON buyer in Q1 2017 was Raging Capital Management, an estimated $27M added.
- The largest VEON seller in Q1 2017 was Prudential plc, an estimated $20.9M sold.
Based on aggregated 13F filings for Q1 2017.