Filed: 11/14/2025ACC: 0001348145-25-000003
📋 What this filing means
VR ADVISORY SERVICES LTD filed this quarterly 13F‑HR report disclosing 36 equity positions with a total reported market value of $412.41M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
36
Positions
$412.41M
Total AUM (reported)
33.64M
Total Shares
Allocation by class
SPONSORED ADS$149.02M36.1%
SPON ADR CL D$87.58M21.2%
COM$45.92M11.1%
SPON GDS ECH 10$31.45M7.6%
SHS$29.10M7.1%
CL A$29.03M7.0%
SPONS ADR LVL I$16.34M4.0%
Portfolio Concentration
Top 3$218.46M53.0%
4–10$138.67M33.6%
11–25$55.07M13.4%
Rest$214.7K0.1%
Top 3 weight
53.0%
Top 10 weight
86.6%
Voting Authority Distribution
Total shares with voting rights: 33.64M
Sole
Full voting authority
33.64M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole36
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings36
Rows:
KASPI KZ JSC
SOLEShares1.08M
TypeSH
Market value$88.00M
21.34%
Sole
1.08M
Shared
0.00
None
0.00
YPF SOCIEDAD ANONIMA
SOLEShares3.61M
TypeSH
Market value$87.58M
21.24%
Sole
3.61M
Shared
0.00
None
0.00
D MARKET ELECTR SVCS & TRADI
SOLEShares15.94M
TypeSH
Market value$42.88M
10.40%
Sole
15.94M
Shared
0.00
None
0.00
IRSA INVERSIONES Y REP S A
SOLEShares2.66M
TypeSH
Market value$31.45M
7.63%
Sole
2.66M
Shared
0.00
None
0.00
AIR LEASE CORP
SOLEShares375K
TypeSH
Market value$23.87M
5.79%
Sole
375K
Shared
0.00
None
0.00
CORE SCIENTIFIC INC NEW
SOLEShares1.21M
TypeSH
Market value$21.74M
5.27%
Sole
1.21M
Shared
0.00
None
0.00
PROPETRO HLDG CORP
SOLEShares3.68M
TypeSH
Market value$19.28M
4.67%
Sole
3.68M
Shared
0.00
None
0.00
PAMPA ENERGIA S A
SOLEShares272.01K
TypeSH
Market value$16.34M
3.96%
Sole
272.01K
Shared
0.00
None
0.00
AERCAP HOLDINGS NV
SOLEShares110K
TypeSH
Market value$13.31M
3.23%
Sole
110K
Shared
0.00
None
0.00
VISTA ENERGY S.A.B. DE C.V.
SOLEShares368.65K
TypeSH
Market value$12.68M
3.07%
Sole
368.65K
Shared
0.00
None
0.00
OKEANIS ECO TANKERS COR
SOLEShares350.09K
TypeSH
Market value$10.28M
2.49%
Sole
350.09K
Shared
0.00
None
0.00
CRESUD S A C I F Y A
SOLEShares886.47K
TypeSH
Market value$8.16M
1.98%
Sole
886.47K
Shared
0.00
None
0.00
NABORS INDUSTRIES LTD
SOLEShares134.79K
TypeSH
Market value$5.51M
1.34%
Sole
134.79K
Shared
0.00
None
0.00
VEON LTD
SOLEShares100.17K
TypeSH
Market value$5.45M
1.32%
Sole
100.17K
Shared
0.00
None
0.00
PBF ENERGY INC
SOLEShares170.94K
TypeSH
Market value$5.16M
1.25%
Sole
170.94K
Shared
0.00
None
0.00
INDIVIOR PLC
SOLEShares200K
TypeSH
Market value$4.82M
1.17%
Sole
200K
Shared
0.00
None
0.00
NEWMONT CORP
SOLEShares55.19K
TypeSH
Market value$4.65M
1.13%
Sole
55.19K
Shared
0.00
None
0.00
TRANSPORTADORA DE GAS SUR
SOLEShares195.12K
TypeSH
Market value$4.10M
0.99%
Sole
195.12K
Shared
0.00
None
0.00
HELIUS MED TECHNOLOGIES INC
SOLEShares581.31K
TypeSH
Market value$3.59M
0.87%
Sole
581.31K
Shared
0.00
None
0.00
GEOPARK LTD
SOLEShares234.69K
TypeSH
Market value$1.49M
0.36%
Sole
234.69K
Shared
0.00
None
0.00
VOLATILITY SHS TR
SOLEShares58K
TypeSH
Market value$1.28M
0.31%
Sole
58K
Shared
0.00
None
0.00
B. RILEY FINANCIAL INC
SOLEShares52K
TypeSH
Market value$230.7K
0.06%
Sole
52K
Shared
0.00
None
0.00
SOUNDHOUND AI INC
SOLEShares25K
TypeSH
Market value$179.6K
0.04%
Sole
25K
Shared
0.00
None
0.00
FOLD HLDGS INC
SOLEShares187.50K
TypeSH
Market value$94.1K
0.02%
Sole
187.50K
Shared
0.00
None
0.00
BAKKT HOLDINGS INC
SOLEShares150K
TypeSH
Market value$67.5K
0.02%
Sole
150K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
KASPI KZ JSCSOLE | SPONSORED ADS | 1.08M | SH | $88.00M 21.34% | 1.08M | 0.00 | 0.00 |
YPF SOCIEDAD ANONIMASOLE | SPON ADR CL D | 3.61M | SH | $87.58M 21.24% | 3.61M | 0.00 | 0.00 |
D MARKET ELECTR SVCS & TRADISOLE | SPONSORED ADS | 15.94M | SH | $42.88M 10.40% | 15.94M | 0.00 | 0.00 |
IRSA INVERSIONES Y REP S ASOLE | SPON GDS ECH 10 | 2.66M | SH | $31.45M 7.63% | 2.66M | 0.00 | 0.00 |
AIR LEASE CORPSOLE | CL A | 375K | SH | $23.87M 5.79% | 375K | 0.00 | 0.00 |
CORE SCIENTIFIC INC NEWSOLE | COM | 1.21M | SH | $21.74M 5.27% | 1.21M | 0.00 | 0.00 |
PROPETRO HLDG CORPSOLE | COM | 3.68M | SH | $19.28M 4.67% | 3.68M | 0.00 | 0.00 |
PAMPA ENERGIA S ASOLE | SPONS ADR LVL I | 272.01K | SH | $16.34M 3.96% | 272.01K | 0.00 | 0.00 |
AERCAP HOLDINGS NVSOLE | SHS | 110K | SH | $13.31M 3.23% | 110K | 0.00 | 0.00 |
VISTA ENERGY S.A.B. DE C.V.SOLE | SPONSORED ADS | 368.65K | SH | $12.68M 3.07% | 368.65K | 0.00 | 0.00 |
OKEANIS ECO TANKERS CORSOLE | SHS | 350.09K | SH | $10.28M 2.49% | 350.09K | 0.00 | 0.00 |
CRESUD S A C I F Y ASOLE | SPONSORED ADR | 886.47K | SH | $8.16M 1.98% | 886.47K | 0.00 | 0.00 |
NABORS INDUSTRIES LTDSOLE | SHS | 134.79K | SH | $5.51M 1.34% | 134.79K | 0.00 | 0.00 |
VEON LTDSOLE | SPONSORED ADS | 100.17K | SH | $5.45M 1.32% | 100.17K | 0.00 | 0.00 |
PBF ENERGY INCSOLE | CL A | 170.94K | SH | $5.16M 1.25% | 170.94K | 0.00 | 0.00 |
INDIVIOR PLCSOLE | ORD | 200K | SH | $4.82M 1.17% | 200K | 0.00 | 0.00 |
NEWMONT CORPSOLE | COM | 55.19K | SH | $4.65M 1.13% | 55.19K | 0.00 | 0.00 |
TRANSPORTADORA DE GAS SURSOLE | SPONSORED ADS B | 195.12K | SH | $4.10M 0.99% | 195.12K | 0.00 | 0.00 |
HELIUS MED TECHNOLOGIES INCSOLE | COM CL A NEW | 581.31K | SH | $3.59M 0.87% | 581.31K | 0.00 | 0.00 |
GEOPARK LTDSOLE | USD SHS | 234.69K | SH | $1.49M 0.36% | 234.69K | 0.00 | 0.00 |
VOLATILITY SHS TRSOLE | SOLANA ETF | 58K | SH | $1.28M 0.31% | 58K | 0.00 | 0.00 |
B. RILEY FINANCIAL INCSOLE | COM | 52K | SH | $230.7K 0.06% | 52K | 0.00 | 0.00 |
SOUNDHOUND AI INCSOLE | *W EXP 04/26/202 | 25K | SH | $179.6K 0.04% | 25K | 0.00 | 0.00 |
FOLD HLDGS INCSOLE | *W EXP 02/14/203 | 187.50K | SH | $94.1K 0.02% | 187.50K | 0.00 | 0.00 |
BAKKT HOLDINGS INCSOLE | *W EXP 10/25/202 | 150K | SH | $67.5K 0.02% | 150K | 0.00 | 0.00 |
Page 1 of 2