Instuitional Investor - Vr Advisory Services Ltd

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Pampa Energia S A	PAM	1,507,089	$74,631,047	28.34%
2.	Hertz Global Holdings Inc	HTZ	3,227,240	$33,531,024	12.73%
3.	I R S A Inversiones Y Rep S A	IRS	2,157,854	$18,557,544	7.04%
4.	Cannae Holdings Inc.	CNNE	907,912	$17,713,363	6.72%
5.	Air Lease Corp	AL	375,000	$15,727,500	5.97%