VR Advisory Services Ltd

**VR Advisory Services Ltd** manages $412M across a concentrated portfolio of 36 positions. The fund exhibits significant overweight exposure to energy and commodity-linked assets, highlighted by top holdings in KSPI ($88.0M) and YPF ($87.6M). Further concentration is evident in HEPS ($42.9M) and IRS ($31.4M), suggesting a tactical focus on cyclical sectors. This structure indicates a directional, high-conviction approach to market opportunities.