VR Advisory Services' Funds Experience Major Portfolio Shifts in Q4 of 2022

After reviewing the latest SEC filings from VR Advisory Services, it's clear that their portfolio has undergone significant changes between Q3 and Q4 of 2022. In this blog post, we will dive into the data and analyze the shifts in holdings of the funds.

Pampa Energia SA dominates VR Advisory Services' holdings

Pampa Energia SA (PAM) stayed constant as the top holding over the quarter. The fund had the exact number of shares in both Q3 and Q4, with 1,507,089 shares. However, the value of Pampa Energia SA stock has risen significantly in the fourth quarter, with the fund's stake increasing in value by 40.3% from $34,316,000 to $48,136,000. It is worth noting that the stock experienced a surge of almost 90% in Q4 2022, driving VR's gains in this holding.

Activision Blizzard Inc's stake increases by almost 74%

The holding that saw the largest percentage increase in the fund was Activision Blizzard Inc (ATVI). The fund's share in the gaming giant went from 80,000 in Q3 to 135,000 in Q4 for a total increase of 73.8%. The overall value of the stake also rose, going from $5,947,000 to $10,334,000 at the end of Q4. Activision Blizzard had a strong third quarter, with the company outperforming its peers and beating revenue projections.

Downsizing NIO Inc stake

VR's holding of NIO Inc (NIO) has been significantly reduced, with the fund selling off almost 13 million shares between Q3 and Q4. Despite the stock's decline during the period, the capital gains realized from selling off more than half of the fund's holdings in this company could result from our rigorous analysis and optimization of our portfolio. This optimization evened out VR's overall performance, which might have helped dividend recipients realize reasonable returns from their investment.

Cannae Holdings Inc and Pangaea Logistics Solution L sees 10%+ dip

Cannae Holdings Inc (CNNE) and Pangaea Logistics Solution L (PANL) were two notable holdings that saw a decrease of over 10% in both shares and dollar value. Cannae Holdings Inc's share decreased from 1,267,378 to 1,129,229, reflecting a 10.9% drop. Pangaea Logistics Solution L saw a decrease of 13.50% in dollar value and a 1.80% decrease in the number of shares held by the fund.

Conclusion

In conclusion, it's evident that VR Advisory Services' fund portfolio underwent significant changes between Q3 and Q4 of 2022. The fund added to some holdings, reduced others, and saw mixed results among their list of holdings. Determining the reasoning and trends behind these buys and sells may help investors make informed choices regarding their own investments.