# VR Advisory Services Ltd: Form 13F holdings

An institutional investment manager in CAMANA BAY, GRAND CAYMAN. SEC CIK 1348145.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $1.13bn
- Positions: 43 (43 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1348145/000131586326000591/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [YPF SOCIEDAD ANONIMA (YPF)](/companies/ypf.md) | SPON ADR CL D | $146.9m | 13.0% | 3,231,396 |  | Unchanged |
| [GRUPO AEROMEXICO SAB DE CV (AERO)](/companies/aero.md) | SPONSORED ADS | $96.4m | 8.6% | 5,355,255 |  | Added +167,832 |
| [KASPI KZ JSC (KSPI)](/companies/kspi.md) | SPONSORED ADS | $91.0m | 8.1% | 1,049,999 |  | Reduced −27,370 |
| [AZUL S A (AZUL)](/companies/azul.md) | SPONSORED ADS | $79.6m | 7.1% | 8,854,652 |  | New +8,854,652 |
| AERCAP HOLDINGS NV | SHS | $65.1m | 5.8% | 446,793 |  | Added +62,000 |
| [PROPETRO HLDG CORP (PUMP)](/companies/pump.md) | COM | $58.8m | 5.2% | 4,097,401 |  | Added +1,632,488 |
| [D MARKET ELECTR SVCS & TRADI (HEPS)](/companies/heps.md) | SPONSORED ADS | $56.4m | 5.0% | 19,390,670 |  | Added +2,917,849 |
| [LIFE TIME GROUP HOLDINGS INC (LTH)](/companies/lth.md) | COMMON STOCK | $49.9m | 4.4% | 1,221,597 |  | Added +42,003 |
| [IRSA INVERSIONES Y REP S A (IRS)](/companies/irs.md) | SPON GDS ECH 10 | $41.2m | 3.7% | 2,670,087 |  | Unchanged |
| [CORE SCIENTIFIC INC NEW (CORZ)](/companies/corz.md) | COM | $39.7m | 3.5% | 1,552,206 |  | Reduced −860,748 |
| [DEVON ENERGY CORP NEW (DVN)](/companies/dvn.md) | COM | $39.4m | 3.5% | 952,565 |  | New +952,565 |
| [LULULEMON ATHLETICA INC (LULU)](/companies/lulu.md) | COM | $35.3m | 3.1% | 309,402 |  | Added +160,700 |
| GOLAR LNG LTD | SHS | $34.0m | 3.0% | 682,493 |  | New +682,493 |
| [USA TODAY CO INC (TDAY)](/companies/tday.md) | COM | $31.6m | 2.8% | 3,698,460 |  | Added +16,977 |
| [VEON LTD (VEON)](/companies/veon.md) | SPONSORED ADS | $31.4m | 2.8% | 601,205 |  | Added +207,558 |
| [TELEPHONE & DATA SYS INC (TDS)](/companies/tds.md) | COM NEW | $29.6m | 2.6% | 800,904 |  | Added +70,000 |
| KYIVSTAR GROUP LTD | ORD SHS | $26.9m | 2.4% | 1,666,276 |  | Unchanged |
| NU HLDGS LTD | ORD SHS CL A | $26.6m | 2.4% | 1,993,668 |  | Added +993,668 |
| [VISTA ENERGY S.A.B. DE C.V. (VIST)](/companies/vist.md) | SPONSORED ADS | $23.5m | 2.1% | 368,652 |  | Unchanged |
| SERVICE PPTYS TR | COM SH BEN INT | $20.5m | 1.8% | 12,132,933 |  | New +12,132,933 |
| [PAMPA ENERGIA SA (PAM)](/companies/pam.md) | SPONS ADR LVL I | $19.1m | 1.7% | 232,138 |  | Unchanged |
| OKEANIS ECO TANKERS COR | SHS | $17.2m | 1.5% | 343,729 |  | Unchanged |
| GEOPARK LTD | USD SHS | $17.2m | 1.5% | 1,890,957 |  | Added +1,148,479 |
| [MICRON TECHNOLOGY INC (MU)](/companies/mu.md) | COM | $12.4m | 1.1% | 10,750 |  | Reduced −12,250 |
| [CF INDUSTRIES HOLD (CF)](/companies/cf.md) | COM | $12.0m | 1.1% | 110,780 |  | Added +30,000 |
| [CRESUD S A C I F Y A (CRESY)](/companies/cresy.md) | SPONSORED ADR | $7.8m | 0.7% | 692,830 |  | Unchanged |
| [TRANSPORTADORA DE GAS DEL SU (TGS)](/companies/tgs.md) | SPONSORED ADS B | $5.8m | 0.5% | 195,115 |  | Unchanged |
| [NEWMONT CORP (NEM)](/companies/nem.md) | COM | $5.2m | 0.5% | 55,187 |  | Unchanged |
| HAFNIA LTD | SHS | $5.1m | 0.5% | 766,069 |  | New +766,069 |
| [SOLANA CO (HSDT)](/companies/hsdt.md) | COM CL A NEW | $959.2k | <0.1% | 581,310 |  | Unchanged |
| VOLATILITY SHS TR | SOLANA ETF | $428.0k | <0.1% | 58,000 |  | Unchanged |
| [STABLECOINX INC (USDE)](/companies/usde.md) | \*W EXP 06/25/203 | $82.0k | <0.1% | 200,000 |  | New +200,000 |
| [SOUNDHOUND AI INC (SOUN)](/companies/soun.md) | \*W EXP 04/26/202 | $48.0k | <0.1% | 25,000 |  | Unchanged |
| [ALLIANCE ENTERTAINMENT HOLDI (AENT)](/companies/aent.md) | \*W EXP 02/11/202 | $43.0k | <0.1% | 100,000 |  | Unchanged |
| [NIOCORP DEVS LTD (NB)](/companies/nb.md) | \*W EXP 03/17/202 | $21.5k | <0.1% | 15,356 |  | Unchanged |
| [FOLD HLDGS INC (FLD)](/companies/fld.md) | \*W EXP 02/14/203 | $19.2k | <0.1% | 187,500 |  | Unchanged |
| BAKKT INC | \*W EXP 10/25/202 | $9.7k | <0.1% | 150,000 |  | Unchanged |
| BLACKSKY TECHNOLOGY INC | \*W EXP 09/09/202 | $6.5k | <0.1% | 130,600 |  | Unchanged |
| [SUNPOWER INC (SPWR)](/companies/spwr.md) | \*W EXP 07/31/202 | $5.2k | <0.1% | 37,500 |  | Unchanged |
| PAGAYA TECHNOLOGIES LTD | \*W EXP 99/99/999 | $3.5k | <0.1% | 66,666 |  | Unchanged |
| PSQ HOLDINGS INC | \*W EXP 07/19/202 | $2.1k | <0.1% | 53,333 |  | Unchanged |
| SOUTHLAND HLDGS INC | \*W EXP 02/14/202 | $1.9k | <0.1% | 75,000 |  | Unchanged |
| [KIDZ AI INC (KIDZ)](/companies/kidz.md) | \*W EXP 04/03/203 | $1.9k | <0.1% | 150,000 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [ASPIRE BIOPHARMA HLDGS INC (ASBP)](/companies/asbp.md) | \*W EXP 02/14/203 | $0 | 0.0% | 0 |  | Sold out −99,692 |
| COTERRA ENERGY INC | COM | $0 | 0.0% | 0 |  | Sold out −1,360,808 |
| [PAR PAC HOLDINGS INC (PARR)](/companies/parr.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −150,000 |

Source: SEC EDGAR, Form 13F-HR, accession 0001315863-26-000591. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.