VEON
VEON
101 hedge funds and large institutions have $374M invested in VEON in 2020 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 26 increasing their positions, 31 reducing their positions, and 35 closing their positions.
0.12% less ownership
Funds ownership: 0.79% → 0.68% (-0.12%)
14% less funds holding
Funds holding: 117 → 101 (-16)
16% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 31
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
40% less capital invested
Capital invested by funds: $627M → $374M (-$253M)
43% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 35
58% less call options, than puts
Call options by funds: $89K | Put options by funds: $214K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$8.97M |
| 2 |
SCM
Shah Capital Management
Raleigh,
North Carolina
|
+$8.24M |
| 3 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$6.58M |
| 4 |
HF
HRT Financial
New York
|
+$2.29M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$27.5M |
| 2 |
Morgan Stanley
New York
|
-$20.8M |
| 3 |
PCP
Polunin Capital Partners
London,
United Kingdom
|
-$12.8M |
| 4 |
BlackRock
New York
|
-$12.5M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$9.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QI
126
QS Investors
New York
| – | -$4K | -88 | Closed |
|
|
PAG
127
Private Advisor Group
Morristown,
New Jersey
| – | -$4K | -82 | Closed |
|
128
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -38 | Closed |
|
|
FRA
129
Front Row Advisors
Tiburon,
California
| – | -$1K | -32 | Closed |
|
|
IFAM
130
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | -$1K | -30 | Closed |
|
|
FHC
131
First Horizon Corporation
Memphis,
Tennessee
| – | +$1.23K | +32 | New |
|
VEON Hedge Fund Activity: Q3 2020 in Review
101 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in VEON (VEON) for Q3 2020, worth a combined $374M — down 40% from $627M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of VEON and 20 opened new positions — a net loss of 15 holders — while 31 trimmed existing stakes and 26 added.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $8.97M. The largest seller was First Trust Advisors, exiting entirely with an estimated $27.5M sold.
- 101 institutional investors held VEON (VEON) as of Q3 2020, down from 117 in Q2 2020.
- Funds reported $374M of VEON stock for Q3 2020, down 40% quarter-over-quarter.
- 20 funds opened new VEON positions in Q3 2020 and 35 closed out, a net change of -15 holders.
- The largest VEON buyer in Q3 2020 was Assenagon Asset Management, an estimated $8.97M added.
- The largest VEON seller in Q3 2020 was First Trust Advisors, an estimated $27.5M sold.
Based on aggregated 13F filings for Q3 2020.