Vault-13

VEON LTD

SPONSORED ADR · CUSIP 91822M106

3 institutional holders -76 vs Q4 2022
47,53247.5k shares reported held*
$838.4kreported value*
1 new 0 added 1 reduced 75 sold out net sold ≈ $2.2bn (-218.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $17.64. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 76Q4 22: 79Q1 23: 33Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202276
Q4 202279
Q1 20233

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 21 bought or addedQ4 22: 20 cut or sold outQ4 22Q1 23: 1 bought or addedQ1 23: 76 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222120
Q1 2023176

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20k$40k$60kQ3 22 calls: $44.0kQ3 22 puts: $28.0kQ3 22P/C 0.64Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$44.0k$28.0k0.64
Q4 2022$0$0—
Q1 2023$0$0—

Biggest buyers

IFP Advisors, Inc New +250+250

Biggest sellers

Lingotto Investment Management LLP Sold out -131,068,288-131.1m
Kopernik Global Investors, LLC Sold out -16,018,241-16.0m
WELLINGTON MANAGEMENT GROUP LLP Sold out -12,829,949-12.8m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sold out -12,536,013-12.5m
Solus Alternative Asset Management LP Sold out -10,496,038-10.5m
VAN ECK ASSOCIATES CORP Sold out -7,364,667-7.4m
Mitsubishi UFJ Trust & Banking Corp Sold out -4,651,406-4.7m
GABELLI FUNDS LLC Sold out -3,542,972-3.5m
Russell Investments Group, Ltd. Sold out -2,956,504-3.0m
DG Capital Management, LLC Sold out -2,373,077-2.4m

Biggest calls

Biggest puts

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Letterone Investment Holdings S.a.r.l. 13D · may seek influence no change · filed 2026-09-25
Stated purposeItem 4 of the Schedule 13D is hereby amended to add the following at the end thereof: On September 22, 2026, the Issuer approved a buyback program for the repurchase and cancellation of 72,500,000 shares of its common stock (the "Common Stock") by way of on-market and negotiated purchases (the "Buyback Program"). On September 24, 2026, LPE and the Issuer entered into a Share Purchase Agreement (the "Share Purchase Agreement"). Pursuant to the terms of the Share Purchase Agreement, LPE will proportionately participate in the Issuer's Buyback Program such that the Issuer will repurchase (i) 39,542,170 shares of Common Stock represented by ADSs from the market (the "Market Buyback Shares") and (ii) 32,957,830 shares of Common Stock from LPE pursuant to the Share Purchase Agreement (the "Sa… Full filing
45.5% no change 840.6m 2026-09-25

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Clayton Partners LLC 0.82% of their portfolio BERKELEY, CA 47,28247.3k $837.8k $837.8k 0.82% Reduced -902.7k -902,718
2 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 250250 $598 $598 0.00% New
3 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged