Veon LTD (VEON) Institutional Holdings & 13F Data (Q2 2026)

VEON ranks #4345 out of 37696 tracked stocks by institutional interest, inside the more closely watched half of our coverage.

VEON is a top-conviction position for Shah Capital Management — at 46.3% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in VEON belongs to Lingotto Investment Management LLP, but the position matters far more to Shah Capital Management, who has 46.3% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Shah Capital Management has added to its VEON position for two straight quarters, increasing it by $117.3M to reach $343.7M today.

VEON is down 1.2% today, and institutions have been net sellers of $46.4M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

VEON posted net income of $1.2B over the trailing twelve months.

• Profitable — net income of $1.2B over the trailing twelve months
• Revenue declined 19.5% year over year
• Net income improved year over year, from $885.0M to $1.2B
• Generated $1.4B in positive operating cash flow
• Current ratio of 0.91x — below the conventional 1.5x liquidity buffer
• Liabilities run x equity — a highly leveraged balance sheet worth noting