VEONNasdaqRadiotelephone CommunicationsFiscal year ends December 31
VEON Ltd.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 20-F on Mar 16, 2026
$82.18−1.02 (-1.23%)
Close on Oct 19, 2026
- Market cap
- $145.71B
- P/E (TTM)
- 273.9
- Dividend yield
- 0.00%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
0.9%
16M of 1.85B shares
Institutional holders
110
21 new, 10 sold out
Net institutional buying
-1M
In Q2 2026
Insider trades, 12 months
3 buys · 0 sales
Net bought $1.12M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Letterone Investment Holdings S.A. | 840,625,000 | 45.46% | 13D (active) amendment | Dec 18, 2025 |
| LPE Middle East Limited | 840,625,000 | 45.46% | 13D (active) amendment | Sep 24, 2026 |
| Himanshu H. Shah | 4,620,275 | 6.72% | 13G (passive) | Oct 16, 2026 |
| Giovanni Agnelli B.V. | 132,644,375 | 7.60% | 13G (passive) amendment | Dec 31, 2023 |
| Lingotto Investment Management LLP | 131,628,075 | 7.12% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of VEON | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Lingotto Investment Management LLP | 5,265,123 | 0.28% | $274.89M | −776,938 | 5.89% |
| Shah Capital Management | 4,667,578 | 0.25% | $243.69M | −222,919 | 46.31% |
| Solus Alternative Asset Management LP | 887,002 | 0.05% | $46.31M | – | 13.53% |
| Wellington Management Group Llp | 779,077 | 0.04% | $40.68M | −175,449 | 0.01% |
| Morgan Stanley | 747,852 | 0.04% | $39.05M | −20,269 | 0.00% |
| Panview Capital Ltd | 630,616 | 0.03% | $32.92M | +73,004 | 5.80% |
| VR Advisory Services Ltd | 601,205 | 0.03% | $31.39M | +207,558 | 2.78% |
| Pictet Asset Management Holding SA | 284,145 | 0.02% | $14.84M | +122,458 | 0.01% |
| Mackenzie Financial Corp | 273,619 | 0.01% | $14.29M | +123,177 | 0.01% |
| Two Sigma Investments, LP | 193,950 | 0.01% | $10.13M | −30,456 | 0.01% |
| Gabelli Funds LLC | 125,840 | 0.01% | $6.57M | – | 0.04% |
| JPMorgan Chase & Co | 112,935 | 0.01% | $5.87M | +80,142 | 0.00% |
| Russell Investments Group, Ltd. | 111,876 | 0.01% | $5.84M | +238 | 0.01% |
| Citadel Advisors LLC | 80,569 | 0.00% | $4.21M | −26,408 | 0.00% |
| RWC Asset Management LLP | 68,207 | 0.00% | $3.56M | +30,167 | 0.13% |
| UBS Asset Management Americas Inc | 68,008 | 0.00% | $3.55M | – | 0.00% |
| JGP Global Gestao de Recursos Ltda. | 66,750 | 0.00% | $3.49M | New | 7.69% |
| Geode Capital Management, LLC | 35,878 | 0.00% | $1.87M | +500 | 0.00% |
| Marshall Wace, Llp | 35,280 | 0.00% | $1.84M | – | 0.00% |
| National Bank Of Canada /Fi/ | 33,000 | 0.00% | $1.72M | – | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 110 | 16M | 0.9% | 21 / 35 | 28 / 10 | 1M | 2M |
| Q1 2026 | 101 | 17M | 0.9% | 9 / 37 | 34 / 23 | 1M | 1M |
| Q4 2025 | 115 | 17M | 0.9% | 36 / 28 | 35 / 8 | 1M | 7M |
| Q3 2025 | 90 | 23M | 1.2% | 30 / 23 | 19 / 11 | 8M | 1M |
| Q2 2025 | 71 | 17M | 0.9% | 12 / 22 | 18 / 8 | 1M | 1M |
| Q1 2025 | 67 | 17M | 0.9% | 12 / 18 | 16 / 8 | 1M | 1M |
| Q4 2024 | 63 | 18M | 1.0% | 17 / 19 | 8 / 3 | 1M | 0M |
| Q3 2024 | 49 | 16M | 0.9% | 11 / 13 | 5 / 2 | 0M | 0M |
| Q2 2024 | 40 | 16M | 0.9% | 5 / 11 | 5 / 6 | 0M | 0M |
| Q1 2024 | 41 | 16M | 0.9% | 7 / 12 | 9 / 2 | 1M | 0M |
| Q4 2023 | 36 | 15M | 0.8% | 7 / 10 | 9 / 7 | 6M | 1M |
| Q3 2023 | 36 | 10M | 0.5% | 3 / 9 | 4 / 5 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of VEON | Value | % of fund | As of |
|---|---|---|---|---|---|
| Global Macro Capital Opportunities Portfolio | 474,988 | 0.03% | $24.84M | 0.61% | Jul 31, 2026 |
| The Hartford International Value Fund | 318,186 | 0.02% | $16.64M | 0.10% | Jul 31, 2026 |
| Global Opportunities Portfolio | 58,200 | 0.00% | $3.04M | 0.02% | Jul 31, 2026 |
| Vanguard Emerging Markets Select Stock Fund | 52,381 | 0.00% | $2.74M | 0.22% | Jul 31, 2026 |
| The Gabelli Small Cap Growth Fund | 41,500 | 0.00% | $2.17M | 0.11% | Jun 30, 2026 |
| International Value Portfolio | 32,871 | 0.00% | $1.72M | 0.15% | Jun 30, 2026 |
| Nomura Emerging Markets Fund | 29,290 | 0.00% | $1.64M | 0.01% | May 29, 2026 |
| Tax-Managed International Equity Fund | 28,690 | 0.00% | $1.50M | 0.03% | Jul 31, 2026 |
| Fidelity Nasdaq Composite Index Fund | 22,331 | 0.00% | $1.25M | 0.00% | May 31, 2026 |
| Calvert Emerging Markets Advancement Fund | 20,000 | 0.00% | $1.04M | 0.62% | Jun 30, 2026 |
| The Gabelli Utilities Fund | 18,100 | 0.00% | $945.00K | 0.05% | Jun 30, 2026 |
| Global Equity Fund | 18,054 | 0.00% | $944.04K | 0.02% | Jul 31, 2026 |
| AdvisorShares Dorsey Wright ADR ETF | 15,958 | 0.00% | $833.17K | 2.00% | Jun 30, 2026 |
| iShares International Small-Cap Equity Factor ETF | 14,754 | 0.00% | $771.49K | 0.12% | Jul 31, 2026 |
| Fidelity Nasdaq Composite Index ETF | 13,463 | 0.00% | $755.81K | 0.01% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Muhterem Kaan Terzioglu | Chief Executive Officer, Director | 842,656 | 0.05% | Jun 1, 2026 |
| Burak Ozer | Chief Financial Officer | 78,609 | 0.00% | Jun 1, 2026 |
| Sebastian Rice | General Counsel | 50,139 | 0.00% | Jun 1, 2026 |
| Augie K. Fabela II | Director | 321,781 | 0.02% | Aug 10, 2026 |
| Michael Pompeo | Director | 2,343,389 | 0.13% | Jul 6, 2026 |
| Andrei Gusev | Director | – | – | Jun 1, 2026 |
| Brandon K. Lewis | Director | 90,000 | 0.00% | Jun 1, 2026 |
| Michiel Soeting | Director | 130,953 | 0.01% | Jun 1, 2026 |
| Duncan Perry | Director | 90,000 | 0.00% | Jun 1, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Augie K. Fabela II Director | Aug 7, 2026 | Buy | +5,000 | $56.02 | $280.10K | 96,000 |
| Augie K. Fabela II Director | Aug 6, 2026 | Buy | +13,826 | $56.05 | $774.95K | 91,000 |
| Augie K. Fabela II Director | Aug 6, 2026 | Buy | +1,174 | $55.30 | $64.92K | 77,174 |
| Michael Pompeo Director | Jun 7, 2026 | Award | +38,205 | – | – | 186,435 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Asabi Omiyinka Doris Officer | Aug 15, 2025 | 5,278 | $308.76K | Aug 15, 2025 | Employee Incentive share award |