VEON
VEON
110 hedge funds and large institutions have $653M invested in VEON in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 43 increasing their positions, 32 reducing their positions, and 31 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 32
2.83% less ownership
Funds ownership: 16.97% → 14.14% (-2.8%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
17% less funds holding
Funds holding: 132 → 110 (-22)
43% less capital invested
Capital invested by funds: $1.14B → $653M (-$487M)
71% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 31
89% less call options, than puts
Call options by funds: $653K | Put options by funds: $6.09M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
+$92.2M |
| 2 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$31M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.8M |
| 4 |
GXMC
Global X Management Company
New York
|
+$8.89M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
+$6.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$46.7M |
| 2 |
MCM
Moon Capital Management
New York
|
-$46M |
| 3 |
CC
Carrhae Capital
London,
United Kingdom
|
-$45.8M |
| 4 |
ESG
Emerging Sovereign Group
New York
|
-$39.7M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$24.4M |
VEON Hedge Fund Activity: Q1 2018 in Review
110 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in VEON (VEON) for Q1 2018, worth a combined $653M — down 43% from $1.14B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of VEON and 9 opened new positions — a net loss of 22 holders — while 32 trimmed existing stakes and 43 added.
The largest buyer was BNP Paribas Asset Management, adding an estimated $92.2M. The largest seller was Farallon Capital Management, cutting an estimated $46.7M.
- 110 institutional investors held VEON (VEON) as of Q1 2018, down from 132 in Q4 2017.
- Funds reported $653M of VEON stock for Q1 2018, down 43% quarter-over-quarter.
- 9 funds opened new VEON positions in Q1 2018 and 31 closed out, a net change of -22 holders.
- The largest VEON buyer in Q1 2018 was BNP Paribas Asset Management, an estimated $92.2M added.
- The largest VEON seller in Q1 2018 was Farallon Capital Management, an estimated $46.7M sold.
Based on aggregated 13F filings for Q1 2018.