VR Advisory Services 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ADARA ACQUISITION CORP	*W EXP 02/11/202	00653H110	54	100,000	SH		SOLE		100,000	0	0
ADECOAGRO S A	COM	L00849106	2,939	332,432	SH		SOLE		332,432	0	0
AFRICAN GOLD ACQUISITION COR	*W EXP 03/31/202	G0112R124	88	187,500	SH		SOLE		187,500	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	2,583	17,500	SH		SOLE		17,500	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	523	24,910	SH		SOLE		24,910	0	0
ARCHIMEDES TECH SPAC PARTNR	UNIT 03/10/2026	039562202	996	100,000	SH		SOLE		100,000	0	0
B RILEY PRINCIPAL 150 MERGER	COM CL A	05601V103	376	38,584	SH		SOLE		38,584	0	0
CARTESIAN GROWTH CORP	UNIT 02/26/2028	G19276123	872	85,552	SH		SOLE		85,552	0	0
CF INDS HLDGS INC	COM	125269100	7,658	135,500	SH		SOLE		135,500	0	0
COLOMBIER ACQUISITION CORP	UNIT 99/99/9999	19533H207	1,589	160,000	SH		SOLE		160,000	0	0
COLONNADE ACQUISITION CORP I	UNIT 99/99/9999	G2284B127	1,485	150,000	SH		SOLE		150,000	0	0
CRESUD S A C I F Y A	SPONSORED ADR	226406106	1,959	403,164	SH		SOLE		403,164	0	0
CRESUD S A C I F Y A	*W EXP 03/08/202	P3311R259	149	667,090	SH		SOLE		667,090	0	0
DELL TECHNOLOGIES INC	CL C	24703L202	15,807	150,000	SH		SOLE		150,000	0	0
DHT HOLDINGS INC	SHS NEW	Y2065G121	1,260	200,000	SH		SOLE		200,000	0	0
DIGITAL TRANSFORMATN OPT COR	UNIT 03/31/2028	25401K206	867	88,260	SH		SOLE		88,260	0	0
EJF ACQUISITION CORP	UNIT 03/10/2026	G2955B117	2,078	200,000	SH		SOLE		200,000	0	0
EQ HEALTH ACQUISITION CORP	*W EXP 02/02/202	26886A119	25	43,608	SH		SOLE		43,608	0	0
EURONAV NV	SHS	B38564108	3,728	400,000	SH		SOLE		400,000	0	0
EVO ACQUISITION CORP	*W EXP 01/04/202	30052G116	8	14,400	SH		SOLE		14,400	0	0
FIRSTENERGY CORP	COM	337932107	55,209	1,520,905	SH		SOLE		1,520,905	0	0
FREEDOM ACQUISITION I CORP	UNIT 99/99/9999	G3663X102	1,484	150,000	SH		SOLE		150,000	0	0
FTS INTERNATIONAL INC	COM NEW CL A	30283W302	8,724	349,669	SH		SOLE		349,669	0	0
G&P ACQUISITION CORP	UNIT 02/28/2028	36146G202	2,002	200,000	SH		SOLE		200,000	0	0
GEOPARK LTD	USD SHS	G38327105	3,464	280,460	SH		SOLE		280,460	0	0
GLENFARNE MERGER CORP	UNIT 03/17/2026	378579205	3,276	300,000	SH		SOLE		300,000	0	0
GX ACQUISITION CORP II	UNIT 03/17/2026	36260F204	455	46,069	SH		SOLE		46,069	0	0
INTERNATIONAL SEAWAYS INC	COM	Y41053102	4,335	241,125	SH		SOLE		241,125	0	0
INTERPRIVATE IV INFRATECH PR	UNIT 03/05/2026	46064T201	1,980	200,000	SH		SOLE		200,000	0	0
IRSA INVERSIONES Y REP S A	GLOBL DEP RCPT	450047204	8,548	2,137,108	SH		SOLE		2,137,108	0	0
IRSA PROPIEDADES COMERCIALES	SPONSORED ADR	463588103	1,034	355,471	SH		SOLE		355,471	0	0
ISHARES INC	MSCI BRAZIL ETF	464286400	20,827	644,196	SH		SOLE		644,196	0	0
ITHAX ACQUISITION CORP	*W EXP 02/01/202	G49775128	16	24,400	SH		SOLE		24,400	0	0
KADEM SUSTAINABLE IMPACT COR	UNIT 03/17/2026	48284E204	373	37,651	SH		SOLE		37,651	0	0
LOMA NEGRA C I A S A MTN 14	SPONSORED ADS	54150E104	3,526	502,295	SH		SOLE		502,295	0	0
MASON INDUSTRIAL TECHNOLGY I	*W EXP 99/99/999	57520Y114	58	83,333	SH		SOLE		83,333	0	0
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	26,299	1,507,089	SH		SOLE		1,507,089	0	0
PANGAEA LOGISTICS SOLUTION L	SHS	G6891L105	15,085	2,993,143	SH		SOLE		2,993,143	0	0
PAYSAFE LIMITED	*W EXP 03/30/202	G6964L115	277	154,800	SH		SOLE		154,800	0	0
PERSHING SQUARE TONTINE HLDG	COM CL A	71531R109	1,971	100,000	SH		SOLE		100,000	0	0
PINDUODUO INC	NOTE 12/0	722304AC6	2,401	2,600,000	PRN		SOLE		2,600,000	0	0
PINE TECHNOLOGY ACQUISITN CO	UNIT 03/31/2028	722850203	1,445	145,936	SH		SOLE		145,936	0	0
PROPERTY SOLUTIONS ACQUISITI	UNIT 03/01/2026	74350A207	1,996	200,818	SH		SOLE		200,818	0	0
ROMAN DBDR TECH ACQUISITION	COM CL A	77584N101	5,555	550,000	SH		SOLE		550,000	0	0
ROSS ACQUISITION CORP II	UNIT 99/99/9999	G7641C122	992	100,000	SH		SOLE		100,000	0	0
SCORPIO TANKERS INC	SHS	Y7542C130	1,001	55,000	SH		SOLE		55,000	0	0
STAR BULK CARRIERS CORP.	SHS PAR	Y8162K204	2,539	110,000	SH		SOLE		110,000	0	0
TELECOM ARGENTINA S A	SPON ADR REP B	879273209	976	197,201	SH		SOLE		197,201	0	0
TPG PACE BEN FIN CORP	CL A COM	G8990D125	1,542	143,487	SH		SOLE		143,487	0	0
TRANSPORTADORA DE GAS SUR	SPONSORED ADS B	893870204	3,089	627,864	SH		SOLE		627,864	0	0
TRITERRAS INC	*W EXP 11/10/202	G9103H110	382	489,499	SH		SOLE		489,499	0	0
TWELVE SEAS INVESTMENT CO II	UNIT 99/99/9999	90118T205	5,651	572,545	SH		SOLE		572,545	0	0
VIACOMCBS INC	CL B	92556H206	4,012	100,000	SH		SOLE		100,000	0	0
VIEW INC	*W EXP 03/08/202	92671V114	109	105,000	SH		SOLE		105,000	0	0
VISTRA CORP	COM	92840M102	848	50,000	SH		SOLE		50,000	0	0
WARRIOR TECHNOLOGIES ACQUI C	UNIT 03/31/2028	936273200	2,000	200,000	SH		SOLE		200,000	0	0
XILINX INC	COM	983919101	5,095	34,358	SH		SOLE		34,358	0	0
YANDEX N V	SHS CLASS A	N97284108	3,711	47,000	SH		SOLE		47,000	0	0