VEON
VEON
125 hedge funds and large institutions have $1.06B invested in VEON in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 51 increasing their positions, 35 reducing their positions, and 15 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 35
34% more capital invested
Capital invested by funds: $791M → $1.06B (+$268M)
0.2% more ownership
Funds ownership: 0.75% → 0.95% (+0.2%)
1% less funds holding
Funds holding: 126 → 125 (-1)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$79.5M |
| 2 |
Morgan Stanley
New York
|
+$72.6M |
| 3 |
Millennium Management
New York
|
+$25.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$21.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$60.1M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$14.2M |
| 3 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$2.83M |
| 4 |
Renaissance Technologies
New York
|
-$2.76M |
| 5 |
Barclays
London,
United Kingdom
|
-$2.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
126
Paloma Partners
Greenwich,
Connecticut
| – | -$1.18M | -19,609 | Closed |
|
|
PI
127
PGGM Investments
Zeist,
Netherlands
| – | -$559K | -9,311 | Closed |
|
|
SFI
128
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
| – | -$240K | -4,000 | Closed |
|
|
DTL
129
Dynamic Technology Lab
Singapore
| – | -$113K | -1,886 | Closed |
|
|
TSS
130
Two Sigma Securities
New York
| – | -$99K | -1,655 | Closed |
|
131
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$66K | -1,096 | Closed |
|
|
VF
132
Virtu Financial
New York
| – | -$28K | -470 | Closed |
|
|
PM
133
Parametrica Management
Wanchai,
Hong Kong
| – | -$28K | -460 | Closed |
|
|
PA
134
Pinnacle Associates
New York
| – | -$27K | -453 | Closed |
|
135
Ameriprise
Minneapolis,
Minnesota
| – | -$27K | -450 | Closed |
|
|
CG
136
Cutler Group
San Francisco,
California
| – | -$2K | -44 | Closed |
|
|
TRCT
137
Tower Research Capital (TRC)
New York
| – | -$1K | -24 | Closed |
|
138
Simplex Trading
Chicago,
Illinois
| – | -$860 | -14 | -67% |
|
VEON Hedge Fund Activity: Q4 2019 in Review
125 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in VEON (VEON) for Q4 2019, worth a combined $1.06B — up 34% from $791M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of VEON and 14 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 51 added.
The largest buyer was BlackRock, adding an estimated $79.5M. The largest seller was Deutsche Bank, cutting an estimated $60.1M.
- 125 institutional investors held VEON (VEON) as of Q4 2019, down from 126 in Q3 2019.
- Funds reported $1.06B of VEON stock for Q4 2019, up 34% quarter-over-quarter.
- 14 funds opened new VEON positions in Q4 2019 and 15 closed out, a net change of -1 holder.
- The largest VEON buyer in Q4 2019 was BlackRock, an estimated $79.5M added.
- The largest VEON seller in Q4 2019 was Deutsche Bank, an estimated $60.1M sold.
Based on aggregated 13F filings for Q4 2019.