VR Advisory Services portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
VR Advisory Services reported a $1.1 bn portfolio of 43 positions to the SEC as of the end of Q2 2026. Its largest positions are YPF, AERO, KSPI. During the quarter it opened Devon Energy and Golar LNG and exited Par Pacific Holdings.
Sections with a free account
What it reported after the quarter end (Q2 2026)
The 13F shows the portfolio as of Jun 30, 2026. Since then VR Advisory Services has filed these own trades with the SEC (Form 4, when it owns more than 10% of a company or holds a role in it) and stakes above 5% (13D and 13G). It is not everything it did: only what it must report before the next 13F.
Stake reported in the company · event of Jul 6, 2026 · filed Jul 10, 2026 · filing ↗
What changed this quarter
20 positions with a change (4 new, 11 added to, 3 trimmed, 2 sold); also, 2 entered through an IPO, 1 exited through an acquisition or merger. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Newly listedAZULAZUL7.1% of the portfolio
It started trading this quarter: it appears in a 13F for the first time. The filing does not say whether the manager already held it before the listing, so it is not counted as a purchase.
- Devon Energy+3.5 ppof portfolioNew— → 3.5%
- Golar LNG+3.0 ppof portfolioNew— → 3.0%
- ProPetro Holding+66%more sharesIncreased4.2% → 5.2%
- Core Scientific−36%fewer sharesReduced4.3% → 3.5%
- Service Properties Trust+1.8 ppof portfolioNew— → 1.8%
- lululemon athletica+108%more sharesIncreased2.7% → 3.1%
- Nu Holdings+99%more sharesIncreased1.7% → 2.4%
- Veon+53%more sharesIncreased2.2% → 2.8%
- GeoPark+155%more sharesIncreased0.8% → 1.5%
- Par Pacific Holdings−0.8 ppof portfolioSold out1.1% → —
- AerCap Holdings+16%more sharesIncreased6.2% → 5.8%
- D-MARKET Electronic Services & Trading+18%more sharesIncreased5.1% → 5.0%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- YPF Sociedad AnonimaYPF13.0%
- Grupo Aeromexico, S.A.B. de C.V.AERO8.6%
- Joint Stock Company Kaspi.kzKSPI8.1%
- AZULAZUL7.1%
- AerCap HoldingsAER5.8%
- ProPetro HoldingPUMP5.2%
- D-MARKET Electronic Services & TradingHEPS5.0%
- Life Time Group HoldingsLTH4.4%
- IRSA Investments and RepresentationsIRS3.7%
- Core ScientificCORZ3.5%
- Devon EnergyDVN3.5%
- lululemon athleticaLULU3.1%
- Golar LNGGLNG3.0%
- USA TodayTDAY2.8%
- VEONVEON2.8%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Energy 29%
- ● Industrials 23%
- ● Consumer Discretionary 13%
- ● Communication Services 11%
- ● Financials 11%
- ● Real Estate 6%
- ● Information Technology 5%
- ● Utilities 2%
- ● Materials 2%
How its portfolio changed (8 quarters)
Q2 2026: 43
Q2 2026: 64%
Q2 2026: 14.4%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
13F filings with amendments or confidential positions
- 13F Q4 2025 ↗filed Feb 17, 2026Amendment of Feb 18, 2026 (replaces the original) ↗
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Mar 31, 2026 (high confidence).
The data, as reported: VR ADVISORY SERVICES LTD. (CRD 137158): 7.B private funds: 2 hedge (gross assets $9.6 bn); 5.D assets by client type: pooled vehicles 99% (of $9.8 bn)
The type comes from a rule applied to that data. If it looks wrong, tell us.
Similar managers by type and size
Same type of filer and a 13F portfolio value between a third and three times this one. It is not a comparison of what they hold.
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