13F HOLDINGS REPORT
VR Advisory Services Ltd
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001348145-25-000003
Total Value
$412.4M
Positions
36
Other Managers
0
Confidential Omitted
No
Holdings (36)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | KASPI KZ JSC | 48581R205 | 1,077,369 | $88.0M | 21.34% |
| 2 | YPF SOCIEDAD ANONIMA | YPF | 3,605,533 | $87.6M | 21.24% |
| 3 | D MARKET ELECTR SVCS & TRADI | 23292B104 | 15,941,737 | $42.9M | 10.40% |
| 4 | IRSA INVERSIONES Y REP S A | 450047303 | 2,656,161 | $31.4M | 7.63% |
| 5 | AIR LEASE CORP | AIIR | 375,000 | $23.9M | 5.79% |
| 6 | CORE SCIENTIFIC INC NEW | 21874A106 | 1,211,747 | $21.7M | 5.27% |
| 7 | PROPETRO HLDG CORP | PUMP | 3,679,359 | $19.3M | 4.67% |
| 8 | PAMPA ENERGIA S A | 697660207 | 272,013 | $16.3M | 3.96% |
| 9 | AERCAP HOLDINGS NV | AER | 110,000 | $13.3M | 3.23% |
| 10 | VISTA ENERGY S.A.B. DE C.V. | VSOGF | 368,652 | $12.7M | 3.07% |
| 11 | OKEANIS ECO TANKERS COR | ECO | 350,088 | $10.3M | 2.49% |
| 12 | CRESUD S A C I F Y A | CRESY | 886,474 | $8.2M | 1.98% |
| 13 | NABORS INDUSTRIES LTD | NBRWF | 134,789 | $5.5M | 1.34% |
| 14 | VEON LTD | VEON | 100,166 | $5.5M | 1.32% |
| 15 | PBF ENERGY INC | PBF | 170,945 | $5.2M | 1.25% |
| 16 | INDIVIOR PLC | INDV | 199,997 | $4.8M | 1.17% |
| 17 | NEWMONT CORP | NEMCL | 55,187 | $4.7M | 1.13% |
| 18 | TRANSPORTADORA DE GAS SUR | 893870204 | 195,115 | $4.1M | 0.99% |
| 19 | HELIUS MED TECHNOLOGIES INC | HSDT | 581,310 | $3.6M | 0.87% |
| 20 | GEOPARK LTD | GPRK | 234,685 | $1.5M | 0.36% |
| 21 | VOLATILITY SHS TR | 92864M822 | 58,000 | $1.3M | 0.31% |
| 22 | B. RILEY FINANCIAL INC | 05580M108 | 52,000 | $230,724 | 0.06% |
| 23 | SOUNDHOUND AI INC | SOUNW | 25,000 | $179,625 | 0.04% |
| 24 | FOLD HLDGS INC | FLDDW | 187,500 | $94,088 | 0.02% |
| 25 | BAKKT HOLDINGS INC | BKKT-WT | 150,000 | $67,500 | 0.02% |
| 26 | ALLIANCE ENTERTAINMENT HOLDI | AENTW | 100,000 | $59,000 | 0.01% |
| 27 | PAGAYA TECHNOLOGIES LTD | PGYWW | 66,666 | $33,340 | 0.01% |
| 28 | NIOCORP DEVS LTD | 654484153 | 15,356 | $28,255 | 0.01% |
| 29 | BLACKSKY TECHNOLOGY INC | BKSY-WT | 130,600 | $22,032 | 0.01% |
| 30 | ASPIRE BIOPHARMA HLDGS INC | ASBPW | 97,391 | $20,063 | 0.00% |
| 31 | SOUTHLAND HLDGS INC | SLND-WT | 75,000 | $14,468 | 0.00% |
| 32 | CLASSOVER HLDGS INC | KIDZW | 150,000 | $12,030 | 0.00% |
| 33 | PSQ HOLDINGS INC | PSQH-WT | 53,333 | $10,139 | 0.00% |
| 34 | COMPLETE SOLARIA INC | SPWRW | 37,500 | $9,956 | 0.00% |
| 35 | ASPIRE BIOPHARMA HLDGS INC | ASBPW | 99,692 | $2,981 | 0.00% |
| 36 | PAYSAFE LIMITED | PSFE | 132,285 | $2,447 | 0.00% |