Veon Ltd (VEON) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Veon Ltd (VEON) following the 2026 Q2 hedge fund 13F filings?

As of today, VEON has moved +23.3% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.9% for the XLC sector ETF — an outperformance of +22.4%. Since the quarter end (June 30, 2026), VEON gained +34.8% vs +6.4% for XLC. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Veon Ltd (VEON)

110 + Investors. Track Smart Money conviction in VEON. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — VEON

Based on 111 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added VEON than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

111 hedge funds hold VEON right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +59% more funds vs a year ago

fund count last 6Q

+41 new funds entered over the past year (+59% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟢

More buyers than sellers — 60% buying

59 buying40 selling

Last quarter: 59 funds were net buyers (23 opened a brand new position + 36 added to an existing one). Only 40 were sellers (29 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.

📈

More new buyers each quarter (+12 vs last Q)

new funds entering per quarter

Funds opening a new VEON position: 31 → 33 → 11 → 23. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

📌

Mixed — 28% long-term, 35% new

■ 28% conviction (2yr+) ■ 37% medium ■ 35% new

Of the 111 current holders: 31 (28%) held >2 years, 41 held 1–2 years, and 39 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

📊

Peak discovery — momentum slowing

12 → 31 → 33 → 11 → 23 new funds/Q

New funds entering each quarter: 31 → 33 → 11 → 23. VEON is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.

🌱

Early stage — 57% of holders entered in last year

■ 31% veterans ■ 11% 1-2yr ■ 57% new

Of 115 current holders: 66 (57%) entered in the past year, only 36 (31%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.

📋

Smaller funds dominant — 15% AUM from top-100

15% from top-100 AUM funds

25 of 111 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

4.2

out of 10

Moderate Exit Risk

Exit risk score 4.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	110	99	11.11%
13F Shares	16M	17M	-6.55%
Total Value	$825M	$783M	5.25%
New Positions	23	11	+12
Increased Positions	34	35	-1
Closed Positions	12	23	-11
Reduced Positions	29	32	-3
Total Calls	2	2	-
Total Puts	2	2	-
PUT/CALL Ratio	1.0	1.0	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

110

11.11%

13F Shares

16M

17M

-6.55%

Total Value

$825M

$783M

5.25%

New Positions

+12

Increased Positions

-1

Closed Positions

-11

Reduced Positions

-3

Total Calls

Total Puts

PUT/CALL Ratio

1.0

Neutral

Institutional Holders (2026 Q2)

110 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in VEON. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 VEON holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Shah Capital Management	46.31%	4,667,578	$243.7M
2	Solus Alternative Asset Management LP	13.53%	887,002	$46.3M
3	JGP Global Gestao de Recursos Ltda.	7.69%	66,750	$3.5M
4	Lingotto Investment Management LLP	5.89%	5,265,123	$274.9M
5	Panview Capital Ltd	5.80%	630,616	$32.9M
6	VR Advisory Services Ltd	2.78%	601,205	$31.4M
7	Dorsey Wright & Associates	0.22%	25,399	$1.3M
8	R Squared Ltd	0.16%	5,957	$311K
9	RWC Asset Management LLP	0.13%	68,207	$3.6M
10	Burns Matteson Capital Management, LLC	0.12%	7,204	$376K
11	AdvisorShares Investments LLC	0.10%	15,958	$833K
12	Prelude Capital Management, LLC	0.10%	26,288	$1.4M
13	Hennion & Walsh Asset Management, Inc.	0.04%	29,518	$1.5M
14	Gabelli Funds LLC	0.04%	125,840	$6.6M
15	K2 Principal Fund, L.P.	0.04%	10,655	$556K
16	Personal Cfo Solutions, LLC	0.03%	4,405	$230K
17	Diversify Wealth Management, LLC	0.03%	31,981	$1.7M
18	Diversify Advisory Services, LLC	0.03%	31,981	$1.7M
19	CenterBook Partners LP	0.02%	7,903	$413K
20	SBI Securities Co., Ltd.	0.01%	12,075	$630K
21	Mackenzie Financial Corp	0.01%	273,619	$14.3M
22	Pictet Asset Management Holding SA	0.01%	284,145	$14.8M
23	Qrg Capital Management, INC.	0.01%	19,436	$1.0M
24	Two Sigma Investments, LP	0.01%	193,950	$10.1M
25	Wellington Management Group LLP	0.01%	779,077	$40.7M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Veon Ltd (VEON)

What does the Smart Money Trend signal show for VEON?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added VEON than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for VEON?

More buyers than sellers — 60% buying: Last quarter: 59 funds were net buyers (23 opened a brand new position + 36 added to an existing one). Only 40 were sellers (29 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for VEON holders?

Smaller funds dominant — 15% AUM from top-100: 25 of 111 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held VEON?

Mixed — 28% long-term, 35% new: Of the 111 current holders: 31 (28%) held >2 years, 41 held 1–2 years, and 39 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Veon Ltd (VEON) following the 2026 Q2 hedge fund 13F filings?

As of today, VEON has moved +23.3% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.9% for the XLC sector ETF — an outperformance of +22.4%. Since the quarter end (June 30, 2026), VEON has gained +34.8% vs +6.4% for XLC. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Veon Ltd (VEON)

Smart Money Signals — VEON

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

Fast accumulation — +59% more funds vs a year ago

More buyers than sellers — 60% buying

More new buyers each quarter (+12 vs last Q)

Mixed — 28% long-term, 35% new

Peak discovery — momentum slowing

Early stage — 57% of holders entered in last year

Smaller funds dominant — 15% AUM from top-100

Institutional Sentiment Summary — VEON

Hedge Fund Ownership: VEON

Market Analysis: VEON

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: VEON

Is It Too Late to Buy Veon Ltd (VEON) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: VEON

Statistics: VEON

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Veon Ltd (VEON)

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