Vault-13

TRANSPORTADORA DE GAS SUR TGS

SPONSORED ADS B · ADR · CUSIP 893870204

Argentine energy company

72 institutional holders +16 vs Q3 2025
9,865,9269.9m shares reported held*
$306.7mreported value*
23 new 10 added 22 reduced 9 sold out net sold ≈ $42.3m (-1.4m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($902 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $31.08. Options: 5 managers hold calls ($3.6m notional), 3 hold puts ($9.2m).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 30Q4 22: 28Q1 23: 32Q2 23: 38Q3 23: 35Q4 23: 42Q1 24: 43Q2 24: 48Q3 24: 49Q4 24: 66Q1 25: 62Q2 25: 67Q3 25: 56Q4 25: 7272Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202230
Q4 202228
Q1 202332
Q2 202338
Q3 202335
Q4 202342
Q1 202443
Q2 202448
Q3 202449
Q4 202466
Q1 202562
Q2 202567
Q3 202556
Q4 202572

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q1 24: 23 bought or addedQ1 24: 19 cut or sold outQ2 24: 26 bought or addedQ2 24: 21 cut or sold outQ2 24Q3 24: 21 bought or addedQ3 24: 25 cut or sold outQ4 24: 32 bought or addedQ4 24: 27 cut or sold outQ4 24Q1 25: 39 bought or addedQ1 25: 27 cut or sold outQ2 25: 33 bought or addedQ2 25: 34 cut or sold outQ2 25Q3 25: 26 bought or addedQ3 25: 38 cut or sold outQ4 25: 33 bought or addedQ4 25: 31 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20242319
Q2 20242621
Q3 20242125
Q4 20243227
Q1 20253927
Q2 20253334
Q3 20252638
Q4 20253331

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2.5m$5m$7.5m$10mQ1 25 calls: $1.5mQ1 25 puts: $3.8mQ1 25P/C 2.58Q2 25 calls: $678.4kQ2 25 puts: $4.1mQ2 25P/C 6.10Q3 25 calls: $2.0mQ3 25 puts: $6.3mQ3 25P/C 3.11Q4 25 calls: $3.6mQ4 25 puts: $9.2mQ4 25P/C 2.54
Numbers
QuarterCallsPutsP/C
Q1 2025$1.5m$3.8m2.58
Q2 2025$678.4k$4.1m6.10
Q3 2025$2.0m$6.3m3.11
Q4 2025$3.6m$9.2m2.54

Biggest buyers

SPX Gestao de Recursos Ltda Added +628,438+628.4k
Helikon Investments Ltd Added +386,015+386.0k
CI INVESTMENTS INC. New +163,504+163.5k
GOLDMAN SACHS GROUP INC Added +114,588+114.6k
WEXFORD CAPITAL LP New +89,805+89.8k
CITIGROUP INC New +82,178+82.2k
MORGAN STANLEY Added +76,305+76.3k
BNP PARIBAS FINANCIAL MARKETS Added +67,207+67.2k
ABS Direct Equity Fund LLC New +52,093+52.1k
CITADEL ADVISORS LLC Added +51,494+51.5k

Biggest sellers

Encompass Capital Advisors LLC Sold out -1,404,472-1.4m
TT International Asset Management LTD Reduced -545,459-545.5k
Fourth Sail Capital LP Reduced -423,261-423.3k
Balyasny Asset Management L.P. Reduced -138,240-138.2k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -119,289-119.3k
JPMORGAN CHASE & CO Reduced -117,888-117.9k
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Reduced -100,955-101.0k
Banco BTG Pactual S.A. Reduced -94,954-95.0k
JANE STREET GROUP, LLC Reduced -94,422-94.4k
OAKTREE CAPITAL MANAGEMENT LP Sold out -56,522-56.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.3m73.4k shares
IMC-Chicago, LLC New $394.8k12.7k shares
GROUP ONE TRADING LLC New $332.7k10.7k shares
JANE STREET GROUP, LLC New $332.7k10.7k shares
CITADEL ADVISORS LLC Reduced $279.8k9.0k shares

Biggest puts

CITADEL ADVISORS LLC Added $5.7m181.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.6m85.1k shares
SIMPLEX TRADING, LLC Added $892.3k28.7k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q4 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Helikon Investments Ltd 5.41% of their portfolio LONDON, X0 3,283,2653.3m $102.1m $102.1m 5.41% Added +386.0k +386,015
2 SPX Gestao de Recursos Ltda 3.84% of their portfolio RIO DE JANEIRO, D5 1,206,8031.2m $37.5m $37.5m 3.84% Added +628.4k +628,438
3 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.05% of their portfolio CAUSEWAY BAY, K3 1,103,8161.1m $34.3m $34.3m 0.05% Reduced -101.0k -100,955
4 Fundamenta Capital S.A. 21.27% of their portfolio MONTEVIDEO, X3 597,147597.1k $18.6m $18.6m 21.27% First filing
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 487,494487.5k $15.2m $15.2m 0.00% Added +76.3k +76,305
6 TT International Asset Management LTD 2.54% of their portfolio LONDON, X0 387,255387.3k $12.0m $12.0m 2.54% Reduced -545.5k -545,459
7 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio JUPITER, FL 271,174271.2k $8.4m $8.4m 0.03% Reduced -29.1k -29,078
8 VR Advisory Services Ltd 0.96% of their portfolio CAMANA BAY, GRAND CAYMAN, E9 195,115195.1k $6.1m $6.1m 0.96% Unchanged
9 Fourth Sail Capital LP 0.96% of their portfolio GRAND CAYMAN, E9 191,630191.6k $6.0m $6.0m 0.96% Reduced -423.3k -423,261
10 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 180,256180.3k $5.6m $5.6m 0.00% Added +114.6k +114,588
11 CI INVESTMENTS INC. 0.02% of their portfolio TORONTO, Z4 163,504163.5k $5.1m $5.1m 0.02% New
12 Moneda S.A. Administradora General de Fondos 3.76% of their portfolio LAS CONDES, SANTIAGO, F3 134,568134.6k $4.2m $4.2m 3.76% Reduced -28.0k -27,983
13 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 126,400126.4k $3.9m $3.9m 0.00% Reduced -990 -990
14 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 110,396110.4k $3.4m $3.4m 0.00% Added +51.5k +51,494
15 Banco BTG Pactual S.A. 0.58% of their portfolio RIO DE JANEIRO, D5 106,060106.1k $3.3m $3.3m 0.58% Reduced -95.0k -94,954
16 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 104,369104.4k $3.2m $3.2m 0.01% Reduced -138.2k -138,240
17 PING CAPITAL MANAGEMENT, INC. 1.27% of their portfolio NEW YORK, NY 102,700102.7k $3.2m $3.2m 1.27% Unchanged
18 VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.03% of their portfolio AMSTERDAM, P7 101,016101.0k $3.1m $3.1m 0.03% Reduced -11.7k -11,689
19 WEXFORD CAPITAL LP 0.72% of their portfolio WEST PALM BEACH, FL 89,80589.8k $2.8m $2.8m 0.72% New
20 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 82,17882.2k $2.6m $2.6m 0.00% New
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 80,96981.0k $2.5m $2.5m 0.00% Reduced -54.7k -54,668
22 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 75,59775.6k $2.4m $2.4m 0.00% Added +67.2k +67,207
23 Lester Murray Antman dba SimplyRich 0.53% of their portfolio CARLSBAD, CA 65,39665.4k $2.0m $2.0m 0.53% Added +902 +902
24 ABS Direct Equity Fund LLC 1.93% of their portfolio Stamford, CT 52,09352.1k $1.6m $1.6m 1.93% New
25 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 49,34649.3k $1.5m $1.5m 0.00% Unchanged
26 Itau Unibanco Holding S.A. 0.04% of their portfolio SAO PAULO, D5 49,03549.0k $1.5m $1.5m 0.04% New
27 Glenorchy Capital Ltd 0.77% of their portfolio BOOROLITE, C3 38,27538.3k $1.2m $1.2m 0.77% Reduced -4.4k -4,447
28 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 32,33732.3k $1.0m $1.0m 0.00% New
29 Aquamarine Financial (Cayman) Ltd 0.08% of their portfolio Grand Cayman, E9 29,69629.7k $923.2k $923.2k 0.08% Unchanged
30 Uniplan Investment Counsel, Inc. 0.09% of their portfolio MILWAUKEE, WI 28,02328.0k $871.3k $871.3k 0.09% New
31 Systrade AG 0.47% of their portfolio VADUZ, N2 25,00025.0k $777.2k $777.2k 0.47% New
32 Crocodile Capital Partners GmbH 0.46% of their portfolio URSENSOLLEN, 2M 25,00025.0k $777.2k $777.2k 0.46% New
33 Blackstone Inc. 0.00% of their portfolio NEW YORK, NY 24,94624.9k $775.6k $775.6k 0.00% Not comparable
34 Steadtrust LLC 0.47% of their portfolio ALLEN, TX 24,70024.7k $767.9k $767.9k 0.47% Unchanged
35 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 23,41823.4k $728.1k $728.1k 0.02% New
36 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 23,26623.3k $715.1k $715.1k 0.00% Reduced -5.0k -4,996
37 MIRABELLA FINANCIAL SERVICES LLP 0.07% of their portfolio London, X0 23,12023.1k $718.8k $718.8k 0.07% New
38 Jump Financial, LLC 0.01% of their portfolio Chicago, IL 19,28719.3k $599.6k $599.6k 0.01% New
39 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 17,69217.7k $550.0k $550.0k 0.00% Reduced -12.2k -12,227
40 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 11,47911.5k $356.9k $356.9k 0.00% New
41 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 11,23311.2k $349.2k $349.2k 0.00% Reduced -26.9k -26,926
42 Graham Capital Management, L.P. 0.01% of their portfolio ROWAYTON, CT 11,19011.2k $347.9k $347.9k 0.01% Reduced -4.5k -4,467
43 Yorktown Management & Research Co Inc 0.26% of their portfolio Forest, VA 10,30010.3k $320.2k $320.2k 0.26% Unchanged
44 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 10,08210.1k $313.4k $313.4k 0.00% New
45 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,2589.3k $287.8k $287.8k 0.00% Reduced -117.9k -117,888
46 OLD NATIONAL BANCORP /IN/ 0.00% of their portfolio EVANSVILLE, IN 8,9008.9k $276.7k $276.7k 0.00% New
47 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 8,3588.4k $259.9k $259.9k 0.00% Reduced -28.6k -28,600
48 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 8,2068.2k $255.1k $255.1k 0.00% New
49 Vident Advisory, LLC 0.00% of their portfolio Alpharetta, GA 7,5157.5k $233.7k $233.7k 0.00% New
50 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 6,7326.7k $209.3k $209.3k 0.00% New
51 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 6,7186.7k $208.9k $208.9k 0.00% Reduced -94.4k -94,422
52 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 4,3484.3k $135.0k $135.0k 0.00% Added +3.7k +3,665
53 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3,9674.0k $123.3k $123.3k 0.00% Unchanged
54 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 3,9554.0k $123.0k $123.0k 0.00% Added +3.4k +3,360
55 HM PAYSON & CO 0.00% of their portfolio PORTLAND, ME 3,2623.3k $101.4k $101.4k 0.00% Unchanged
56 Aquatic Capital Management LLC 0.00% of their portfolio CHICAGO, IL 2,7272.7k $84.8k $84.8k 0.00% New
57 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 2,2192.2k $69.0k $69.0k 0.00% Reduced -729 -729
58 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 834834 $25.9k $25.9k 0.00% Reduced -699 -699
59 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 767767 $23.8k $23.8k 0.00% New
60 Ameliora Wealth Management Ltd. 0.01% of their portfolio ZURICH, V8 714714 $22.2k $22.2k 0.01% Unchanged
61 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 409409 $12.7k $12.7k 0.00% Reduced -2 -2
62 Estate Planners Group, LLC 0.00% of their portfolio YARDLEY, PA 259259 $8.1k $8.1k 0.00% First filing
63 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 8686 $2.7k $2.7k 0.00% Unchanged
64 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 7272 $2.2k $2.2k 0.00% Unchanged
65 ORG Partners LLC 0.00% of their portfolio ROANOKE, IN 7070 $2.2k $2.2k 0.00% Unchanged
66 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 6060 $1.9k $1.9k 0.00% New
67 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 3333 $1.0k $1.0k 0.00% Reduced -200 -200
68 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 2929 $902 $902 0.00% Added +10 +10
69 TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio NEW YORK, NY 1717 $529 $529 0.00% New
70 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 44 $0 $0 0.00% Unchanged
71 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 33 $93 $93 0.00% New
72 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 22 $62 $62 0.00% Unchanged