Vault-13

VEON LTD VEON

SPONSORED ADS · ADR · CUSIP 91822M502

Holding company founded in 2009 and headquartered in Dubai

110 institutional holders +9 vs Q1 2026
15,792,89815.8m shares reported held*
$824.5mreported value*
20 new 35 added 28 reduced 10 sold out net sold ≈ $53.4m (-1.0m 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 ≈ $52.21. Options: 5 managers hold calls ($1.3m notional), 3 hold puts ($1.2m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q1 23: 38Q2 23: 39Q3 23: 37Q4 23: 37Q1 24: 43Q2 24: 41Q3 24: 50Q4 24: 64Q1 25: 68Q2 25: 72Q3 25: 90Q4 25: 115Q1 26: 101Q2 26: 110110Q1 23Q4 23Q3 24Q2 25Q2 26
Numbers
QuarterHolders
Q1 202338
Q2 202339
Q3 202337
Q4 202337
Q1 202443
Q2 202441
Q3 202450
Q4 202464
Q1 202568
Q2 202572
Q3 202590
Q4 2025115
Q1 2026101
Q2 2026110

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 24 bought or addedQ3 24: 7 cut or sold outQ4 24: 33 bought or addedQ4 24: 11 cut or sold outQ4 24Q1 25: 29 bought or addedQ1 25: 23 cut or sold outQ2 25: 34 bought or addedQ2 25: 26 cut or sold outQ2 25Q3 25: 53 bought or addedQ3 25: 30 cut or sold outQ4 25: 60 bought or addedQ4 25: 43 cut or sold outQ4 25Q1 26: 46 bought or addedQ1 26: 57 cut or sold outQ2 26: 55 bought or addedQ2 26: 38 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024247
Q4 20243311
Q1 20252923
Q2 20253426
Q3 20255330
Q4 20256043
Q1 20264657
Q2 20265538

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 25 calls: $1.7mQ3 25 puts: $1.7mQ3 25P/C 0.99Q4 25 calls: $2.2mQ4 25 puts: $2.4mQ4 25P/C 1.11Q1 26 calls: $2.5mQ1 26 puts: $3.3mQ1 26P/C 1.35Q2 26 calls: $1.3mQ2 26 puts: $1.2mQ2 26P/C 0.93
Numbers
QuarterCallsPutsP/C
Q3 2025$1.7m$1.7m0.99
Q4 2025$2.2m$2.4m1.11
Q1 2026$2.5m$3.3m1.35
Q2 2026$1.3m$1.2m0.93

Biggest buyers

VR Advisory Services Ltd Added +207,558+207.6k
MACKENZIE FINANCIAL CORP Added +123,177+123.2k
Pictet Asset Management Holding SA Added +122,458+122.5k
JPMORGAN CHASE & CO Added +80,142+80.1k
Panview Capital Ltd Added +73,004+73.0k
JGP Global Gestao de Recursos Ltda. New +66,750+66.8k
Diversify Advisory Services, LLC New +31,981+32.0k
RWC Asset Management LLP Added +30,167+30.2k
Hudson Bay Capital Management LP New +29,438+29.4k
PRELUDE CAPITAL MANAGEMENT, LLC New +26,288+26.3k

Biggest sellers

Lingotto Investment Management LLP Reduced -776,938-776.9k
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Reduced -471,261-471.3k
SHAH CAPITAL MANAGEMENT Reduced -222,919-222.9k
WELLINGTON MANAGEMENT GROUP LLP Reduced -175,449-175.4k
Walleye Capital LLC Sold out -90,486-90.5k
BANK OF AMERICA CORP /DE/ Reduced -54,348-54.3k
TWO SIGMA INVESTMENTS, LP Reduced -30,456-30.5k
CITADEL ADVISORS LLC Reduced -26,408-26.4k
MORGAN STANLEY Reduced -20,269-20.3k
Schonfeld Strategic Advisors LLC Reduced -15,020-15.0k

Biggest calls

CITADEL ADVISORS LLC Added $449.0k8.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $422.9k8.1k shares
IMC-Chicago, LLC Reduced $229.7k4.4k shares
GROUP ONE TRADING LLC Reduced $99.2k1.9k shares
SIMPLEX TRADING, LLC Added $88.8k1.7k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $945.0k18.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $245.4k4.7k shares
GROUP ONE TRADING LLC Reduced $10.4k200 shares

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
Lingotto Investment Management LLP 13G · passive investor -1.6 pts · filed 2026-08-10 7.1% -1.6 pts 131.6m 2026-08-10
SHAH CAPITAL MANAGEMENT 13G · passive investor no change · filed 2026-10-16 6.7% no change 4.6m 2026-10-16

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 1 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20260—0——
Q3 20261$1.1m0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-08-07 Fabela Augie K II Director · By Trust · American Depositary Shares Bought 5,000 $56.02 $280.1k5.0k shares +6%
2026-08-06 Fabela Augie K II Director · By Trust · American Depositary Shares Bought 15,000 $55.99 $839.9k15.0k shares +20%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lingotto Investment Management LLP 5.92% of their portfolio London, X0 5,265,1235.3m $274.9m $274.9m 5.92% Reduced -776.9k -776,938
2 SHAH CAPITAL MANAGEMENT 46.31% of their portfolio RALEIGH, NC 4,667,5784.7m $243.7m $243.7m 46.31% Reduced -222.9k -222,919
3 Solus Alternative Asset Management LP 13.53% of their portfolio Summit, NJ 887,002887.0k $46.3m $46.3m 13.53% Unchanged
4 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 779,077779.1k $40.7m $40.7m 0.01% Reduced -175.4k -175,449
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 747,852747.9k $39.0m $39.0m 0.00% Reduced -20.3k -20,269
6 Panview Capital Ltd 5.80% of their portfolio HONG KONG, K3 630,616630.6k $32.9m $32.9m 5.80% Added +73.0k +73,004
7 VR Advisory Services Ltd 2.78% of their portfolio CAMANA BAY, GRAND CAYMAN, E9 601,205601.2k $31.4m $31.4m 2.78% Added +207.6k +207,558
8 Pictet Asset Management Holding SA 0.01% of their portfolio CAROUGE, V8 284,145284.1k $14.8m $14.8m 0.01% Added +122.5k +122,458
9 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 273,619273.6k $14.3m $14.3m 0.01% Added +123.2k +123,177
10 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 193,950193.9k $10.1m $10.1m 0.01% Reduced -30.5k -30,456
11 GABELLI FUNDS LLC 0.04% of their portfolio Rye, NY 125,840125.8k $6.6m $6.6m 0.04% Unchanged
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 112,935112.9k $5.9m $5.9m 0.00% Added +80.1k +80,142
13 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 111,876111.9k $5.8m $5.8m 0.01% Added +238 +238
14 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 80,56980.6k $4.2m $4.2m 0.00% Reduced -26.4k -26,408
15 RWC Asset Management LLP 0.13% of their portfolio LONDON, X0 68,20768.2k $3.6m $3.6m 0.13% Added +30.2k +30,167
16 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 68,00868.0k $3.6m $3.6m 0.00% Unchanged
17 JGP Global Gestao de Recursos Ltda. 7.78% of their portfolio RIO DE JANEIRO, D5 66,75066.8k $3.5m $3.5m 7.78% New
18 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 35,87835.9k $1.9m $1.9m 0.00% Added +500 +500
19 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 35,28035.3k $1.8m $1.8m 0.00% Unchanged
20 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 33,00033.0k $1.7m $1.7m 0.00% Unchanged
21 Diversify Advisory Services, LLC 0.03% of their portfolio SANDY, UT 31,98132.0k $1.7m $1.7m 0.03% New
22 DIVERSIFY WEALTH MANAGEMENT, LLC 0.03% of their portfolio SANDY, UT 31,98132.0k $1.7m $1.7m 0.03% Added +1.5k +1,484
23 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 30,42630.4k $1.6m $1.6m 0.00% Added +4.2k +4,224
24 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 30,17830.2k $1.6m $1.6m 0.00% Reduced -471.3k -471,261
25 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 29,58529.6k $1.5m $1.5m 0.00% Reduced -7.6k -7,597
26 Hennion & Walsh Asset Management, Inc. 0.04% of their portfolio Parsippany, NJ 29,51829.5k $1.5m $1.5m 0.04% Added +13.3k +13,315
27 Hudson Bay Capital Management LP 0.01% of their portfolio STAMFORD, CT 29,43829.4k $1.5m $1.5m 0.01% New
28 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio PHILADELPHIA, PA 29,29029.3k $1.5m $1.5m 0.00% Unchanged
29 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 29,14129.1k $1.5m $1.5m 0.00% Added +1.3k +1,302
30 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 28,88228.9k $1.5m $1.5m 0.00% Reduced -1.1k -1,076
31 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 26,70826.7k $1.4m $1.4m 0.00% Reduced -4.2k -4,177
32 PRELUDE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio NEW YORK, NY 26,28826.3k $1.4m $1.4m 0.10% New
33 Dorsey Wright & Associates 0.22% of their portfolio PASADENA, CA 25,39925.4k $1.3m $1.3m 0.22% Reduced -10.1k -10,058
34 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 23,46123.5k $1.2m $1.2m 0.00% New
35 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 21,33021.3k $1.1m $1.1m 0.00% New
36 QRG CAPITAL MANAGEMENT, INC. 0.01% of their portfolio BERWYN, PA 19,43619.4k $1.0m $1.0m 0.01% Added +1.9k +1,879
37 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 19,21519.2k $1.0m $1.0m 0.00% New
38 UBS Group AG 0.00% of their portfolio ZURICH, V8 17,63617.6k $920.8k $920.8k 0.00% Added +419 +419
39 AdvisorShares Investments LLC 0.10% of their portfolio BETHESDA, MD 15,95816.0k $833.2k $833.2k 0.10% Reduced -1.0k -1,004
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 15,40615.4k $804.3k $804.3k 0.00% Reduced -54.3k -54,348
41 BlackRock, Inc. 0.00% of their portfolio New York, NY 14,01414.0k $731.7k $731.7k 0.00% Added +720 +720
42 GAMCO INVESTORS, INC. ET AL 0.01% of their portfolio GREENWICH, CT 13,64013.6k $712.1k $712.1k 0.01% Unchanged
43 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 13,24113.2k $691.3k $691.3k 0.00% Reduced -1.2k -1,164
44 SBI Securities Co., Ltd. 0.01% of their portfolio TOKYO, M0 12,07512.1k $630.4k $630.4k 0.01% Added +2.3k +2,293
45 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 12,00012.0k $626.5k $626.5k 0.00% Unchanged
46 K2 PRINCIPAL FUND, L.P. 0.05% of their portfolio TORONTO, A6 10,65510.7k $556.3k $556.3k 0.05% New
47 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 10,49010.5k $547.7k $547.7k 0.00% Added +2.9k +2,893
48 Trexquant Investment LP 0.00% of their portfolio STAMFORD, CT 9,3599.4k $488.6k $488.6k 0.00% Added +3.2k +3,211
49 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 8,8808.9k $463.6k $463.6k 0.00% Added +2.2k +2,157
50 CenterBook Partners LP 0.02% of their portfolio GREENWICH, CT 7,9037.9k $412.6k $412.6k 0.02% New
51 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 7,5007.5k $391.6k $391.6k 0.00% New
52 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 7,4007.4k $386.0k $386.0k 0.00% Added +500 +500
53 Burns Matteson Capital Management, LLC 0.12% of their portfolio CORNING, NY 7,2047.2k $376.1k $376.1k 0.12% Added +124 +124
54 GSA CAPITAL PARTNERS LLP 0.02% of their portfolio LONDON, X0 7,0797.1k $370.0k $370.0k 0.02% New
55 Centiva Capital, LP 0.01% of their portfolio New York, NY 6,4026.4k $334.2k $334.2k 0.01% Reduced -4.3k -4,313
56 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 6,2966.3k $328.7k $328.7k 0.00% Reduced -455 -455
57 Voleon Capital Management LP 0.01% of their portfolio BERKELEY, CA 6,1216.1k $319.6k $319.6k 0.01% Reduced -6.5k -6,529
58 R Squared Ltd 0.16% of their portfolio HONG KONG, K3 5,9576.0k $311.0k $311.0k 0.16% New
59 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 5,9045.9k $308.2k $308.2k 0.00% New
60 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 5,6955.7k $297.3k $297.3k 0.00% Reduced -15.0k -15,020
61 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 5,5835.6k $291.5k $291.5k 0.00% Reduced -6.0k -6,023
62 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 4,9915.0k $260.6k $260.6k 0.00% Reduced -560 -560
63 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 4,4234.4k $231.0k $231.0k 0.00% New
64 PERSONAL CFO SOLUTIONS, LLC 0.03% of their portfolio CHESTER, NJ 4,4054.4k $230.0k $230.0k 0.03% Reduced -284 -284
65 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 3,2513.3k $169.7k $169.7k 0.00% New
66 GAMMA Investing LLC 0.01% of their portfolio FOSTER CITY, CA 3,2363.2k $169.0k $169.0k 0.01% Reduced -151 -151
67 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 2,1032.1k $110.0k $110.0k 0.00% New
68 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,8471.8k $96.4k $96.4k 0.00% Added +1.8k +1,768
69 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 749749 $39.0k $39.0k 0.00% Reduced -480 -480
70 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 720720 $37.6k $37.6k 0.00% Unchanged
71 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 617617 $32.2k $32.2k 0.00% Unchanged
72 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 573573 $29.9k $29.9k 0.00% Unchanged
73 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 509509 $26.6k $26.6k 0.00% Reduced -7.9k -7,906
74 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 300300 $15.7k $15.7k 0.00% Unchanged
75 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.00% of their portfolio WALTHAM, MA 222222 $11.6k $11.6k 0.00% Added +97 +97
76 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 168168 $8.8k $8.8k 0.00% Added +69 +69
77 Ascentis Wealth Management, LLC 0.00% of their portfolio DALLAS, TX 160160 $8.4k $8.4k 0.00% Unchanged
78 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 154154 $8.0k $8.0k 0.00% Added +54 +54
79 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 150150 $7.8k $7.8k 0.00% Reduced -44 -44
80 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 135135 $7.0k $7.0k 0.00% Reduced -10 -10
81 Investors Research Corp 0.00% of their portfolio ATLANTA, GA 100100 $5.2k $5.2k 0.00% Unchanged
82 BNP PARIBAS 0.00% of their portfolio NEW YORK, NY 100100 $5.2k $5.2k 0.00% Unchanged
83 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 8888 $4.6k $4.6k 0.00% New
84 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 8686 $4.5k $4.5k 0.00% Added +19 +19
85 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 8080 $4.2k $4.2k 0.00% Unchanged
86 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 7474 $4.0k $4.0k 0.00% Unchanged
87 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 5959 $3.1k $3.1k 0.00% Added +5 +5
88 Cranbrook Wealth Management, LLC 0.00% of their portfolio Bloomfield Hills, MI 5555 $2.9k $2.9k 0.00% Unchanged
89 Silver Grove Financial Group, Inc. 0.00% of their portfolio ORCHARD PARK, NY 4545 $2.3k $2.3k 0.00% New
90 TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio NEW YORK, NY 4343 $2.2k $2.2k 0.00% Reduced -1 -1
91 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 3737 $1.9k $1.9k 0.00% First filing
92 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3636 $1.9k $1.9k 0.00% Added +24 +24
93 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 3636 $1.9k $1.9k 0.00% Added +11 +11
94 Retirement Wealth Solutions LLC 0.00% of their portfolio MARSHFIELD, WI 2929 $1.5k $1.5k 0.00% Added +5 +5
95 MANNING & NAPIER ADVISORS LLC 0.00% of their portfolio Fairport, NY 2525 $1.3k $1.3k 0.00% Added +1 +1
96 Signature Equity Partners, LLC 0.00% of their portfolio COLUMBUS, OH 2525 $1.3k $1.3k 0.00% Added +5 +5
97 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 2121 $1.1k $1.1k 0.00% Unchanged
98 IMA Advisory Services, Inc. 0.00% of their portfolio DENVER, CO 2020 $1.0k $1.0k 0.00% Added +7 +7
99 FMR LLC 0.00% of their portfolio BOSTON, MA 1212 $627 $627 0.00% Unchanged
100 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1010 $522 $522 0.00% Unchanged