Vault-13

YPF SOCIEDAD ANONIMA YPF

SPON ADR CL D · ADR · CUSIP 984245100 · ISIN US9842451000

Argentine energy company

124 institutional holders -31 vs Q2 2025
44,279,96444.3m shares reported held*
$1.1bnreported value*
17 new 34 added 43 reduced 45 sold out net sold ≈ $86.4m (-3.6m 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 ($83.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.30. Options: 20 managers hold calls ($136.2m notional), 19 hold puts ($139.2m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 86Q4 22: 107Q1 23: 118Q2 23: 121Q3 23: 127Q4 23: 126Q1 24: 142Q2 24: 152Q3 24: 140Q4 24: 181Q1 25: 167Q2 25: 155Q3 25: 124124Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202286
Q4 2022107
Q1 2023118
Q2 2023121
Q3 2023127
Q4 2023126
Q1 2024142
Q2 2024152
Q3 2024140
Q4 2024181
Q1 2025167
Q2 2025155
Q3 2025124

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 23: 60 bought or addedQ4 23: 77 cut or sold outQ1 24: 71 bought or addedQ1 24: 73 cut or sold outQ1 24Q2 24: 76 bought or addedQ2 24: 74 cut or sold outQ3 24: 58 bought or addedQ3 24: 84 cut or sold outQ3 24Q4 24: 97 bought or addedQ4 24: 79 cut or sold outQ1 25: 78 bought or addedQ1 25: 103 cut or sold outQ1 25Q2 25: 72 bought or addedQ2 25: 91 cut or sold outQ3 25: 51 bought or addedQ3 25: 88 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20236077
Q1 20247173
Q2 20247674
Q3 20245884
Q4 20249779
Q1 202578103
Q2 20257291
Q3 20255188

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ4 24 calls: $369.8mQ4 24 puts: $235.9mQ4 24P/C 0.64Q1 25 calls: $130.9mQ1 25 puts: $211.3mQ1 25P/C 1.61Q2 25 calls: $139.3mQ2 25 puts: $167.3mQ2 25P/C 1.20Q3 25 calls: $136.2mQ3 25 puts: $139.2mQ3 25P/C 1.02
Numbers
QuarterCallsPutsP/C
Q4 2024$369.8m$235.9m0.64
Q1 2025$130.9m$211.3m1.61
Q2 2025$139.3m$167.3m1.20
Q3 2025$136.2m$139.2m1.02

Biggest buyers

JPMORGAN CHASE & CO Added +3,686,491+3.7m
PING CAPITAL MANAGEMENT, INC. Added +534,800+534.8k
UBS Group AG Added +362,155+362.2k
MILLENNIUM MANAGEMENT LLC Added +267,484+267.5k
Kapitalo Investimentos Ltda New +257,612+257.6k
GOLDMAN SACHS GROUP INC Added +214,292+214.3k
VR Advisory Services Ltd Added +200,000+200.0k
BW Gestao de Investimentos Ltda. New +191,000+191.0k
PEAK6 LLC New +140,196+140.2k
ExodusPoint Capital Management, LP New +139,747+139.7k

Biggest sellers

NWI MANAGEMENT LP Reduced -1,840,000-1.8m
CI INVESTMENTS INC. Sold out -969,596-969.6k
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Sold out -907,929-907.9k
DISCOVERY CAPITAL MANAGEMENT, LLC / CT Sold out -866,000-866.0k
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Reduced -728,801-728.8k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -690,962-691.0k
Duquesne Family Office LLC Reduced -589,300-589.3k
BNP PARIBAS FINANCIAL MARKETS Reduced -583,350-583.4k
Squarepoint Ops LLC Reduced -572,985-573.0k
OAKTREE CAPITAL MANAGEMENT LP Sold out -324,330-324.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $41.7m1.7m shares
NWI MANAGEMENT LP Unchanged $24.3m1.0m shares
CITADEL ADVISORS LLC Added $18.8m773.5k shares
GROUP ONE TRADING LLC Added $11.7m483.7k shares
Walleye Trading LLC Added $8.4m345.2k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $5.7m235.1k shares
IMC-Chicago, LLC Added $5.6m229.3k shares
SIMPLEX TRADING, LLC Added $5.4m220.3k shares
JANE STREET GROUP, LLC Reduced $4.1m169.5k shares
Cubist Systematic Strategies, LLC Reduced $2.1m87.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $26.5m1.1m shares
CITADEL ADVISORS LLC Added $21.3m877.8k shares
JANE STREET GROUP, LLC Reduced $21.2m872.0k shares
GROUP ONE TRADING LLC Reduced $18.1m743.5k shares
PEAK6 LLC Added $16.4m676.4k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $5.2m214.5k shares
Walleye Trading LLC Added $5.1m209.2k shares
SIMPLEX TRADING, LLC Reduced $4.5m184.5k shares
MILLENNIUM MANAGEMENT LLC Added $3.7m152.7k shares
IMC-Chicago, LLC Added $3.7m152.6k 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 Q3 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 Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Aquamarine Financial (Cayman) Ltd 32.33% of their portfolio Grand Cayman, E9 12,973,69513.0m $315.1m $315.1m 32.33% First filing
2 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 8,584,8068.6m $208.5m $208.5m 0.01% Added +3.7m +3,686,491
3 VR Advisory Services Ltd 21.24% of their portfolio CAMANA BAY, GRAND CAYMAN, E9 3,605,5333.6m $87.6m $87.6m 21.24% Added +200.0k +200,000
4 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.10% of their portfolio CAUSEWAY BAY, K3 2,650,6072.7m $64.4m $64.4m 0.10% Reduced -728.8k -728,801
5 NWI MANAGEMENT LP 2.68% of their portfolio NEW YORK, NY 2,160,0002.2m $52.5m $52.5m 2.68% Reduced -1.8m -1,840,000
6 PING CAPITAL MANAGEMENT, INC. 29.49% of their portfolio NEW YORK, NY 2,017,0002.0m $49.0m $49.0m 29.49% Added +534.8k +534,800
7 North of South Capital LLP 3.78% of their portfolio LONDON, X0 1,619,9831.6m $39.3m $39.3m 3.78% Added +69.6k +69,634
8 Grantham, Mayo, Van Otterloo & Co. LLC 0.09% of their portfolio Boston, MA 1,375,5781.4m $33.4m $33.4m 0.09% Reduced -93.5k -93,500
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,168,0011.2m $28.4m $28.4m 0.00% Reduced -1.7k -1,725
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 651,384651.4k $15.8m $15.8m 0.00% Added +362.2k +362,155
11 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 601,043601.0k $14.6m $14.6m 0.01% Added +17.4k +17,371
12 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 465,762465.8k $11.3m $11.3m 0.01% Reduced -315.9k -315,878
13 GROUP ONE TRADING LLC 0.29% of their portfolio CHICAGO, IL 405,574405.6k $9.9m $9.9m 0.29% Added +88.2k +88,247
14 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 330,673330.7k $8.0m $8.0m 0.00% Reduced -237.8k -237,834
15 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 317,932317.9k $7.7m $7.7m 0.01% Added +267.5k +267,484
16 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 274,748274.7k $6.7m $6.7m 0.01% Added +36.1k +36,132
17 Kapitalo Investimentos Ltda 1.17% of their portfolio SAO PAULO, D5 257,612257.6k $6.3m $6.3m 1.17% New
18 GLOBEFLEX CAPITAL L P 0.96% of their portfolio SAN DIEGO, CA 257,115257.1k $6.2m $6.2m 0.96% Unchanged
19 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 250,286250.3k $6.1m $6.1m 0.00% Added +214.3k +214,292
20 INSIGNEO ADVISORY SERVICES, LLC 0.39% of their portfolio MIAMI, FL 230,754230.8k $5.6m $5.6m 0.39% Added +102.3k +102,252
21 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 228,177228.2k $5.5m $5.5m 0.01% Reduced -50.6k -50,602
22 VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.05% of their portfolio HOUSTON, TX 216,175216.2k $5.3m $5.3m 0.05% Added +42.9k +42,919
23 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 211,011211.0k $5.1m $5.1m 0.00% Reduced -583.4k -583,350
24 BW Gestao de Investimentos Ltda. 0.35% of their portfolio SAO PAULO, D5 191,000191.0k $4.6m $4.6m 0.35% New
25 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 189,020189.0k $4.6m $4.6m 0.02% Reduced -691.0k -690,962
26 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 175,783175.8k $4.3m $4.3m 0.00% Added +8.6k +8,647
27 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 158,463158.5k $3.8m $3.8m 0.00% Added +18.1k +18,092
28 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 154,720154.7k $3.8m $3.8m 0.00% Added +61.0k +60,951
29 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 145,000145.0k $3.5m $3.5m 0.00% Unchanged
30 PEAK6 LLC 0.04% of their portfolio AUSTIN, TX 140,196140.2k $3.4m $3.4m 0.04% New
31 ExodusPoint Capital Management, LP 0.05% of their portfolio NEW YORK, NY 139,747139.7k $3.4m $3.4m 0.05% New
32 Glenorchy Capital Ltd 2.12% of their portfolio BOOROLITE, C3 120,291120.3k $2.9m $2.9m 2.12% Reduced -8.2k -8,243
33 RWC Asset Management LLP 0.14% of their portfolio LONDON, X0 117,075117.1k $2.8m $2.8m 0.14% Added +519 +519
34 Duquesne Family Office LLC 0.07% of their portfolio New York, NY 114,695114.7k $2.8m $2.8m 0.07% Reduced -589.3k -589,300
35 RWC ASSET ADVISORS (US) LLC 0.41% of their portfolio MIAMI, FL 101,982102.0k $2.5m $2.5m 0.41% Reduced -2.2k -2,201
36 Murchinson Ltd. 0.47% of their portfolio TORONTO, A6 100,000100.0k $2.4m $2.4m 0.47% New
37 Caption Management, LLC 0.11% of their portfolio OKLAHOMA CITY, OK 80,25080.2k $1.9m $1.9m 0.11% New
38 Parallax Volatility Advisers, L.P. 0.06% of their portfolio San Francisco, CA 78,14678.1k $1.9m $1.9m 0.06% Added +71.6k +71,591
39 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 76,82376.8k $1.9m $1.9m 0.00% Reduced -573.0k -572,985
40 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 66,60866.6k $1.6m $1.6m 0.01% Reduced -19.5k -19,504
41 Amundi 0.00% of their portfolio Paris, I0 64,99165.0k $1.6m $1.6m 0.00% Added +8.1k +8,115
42 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 61,27061.3k $1.5m $1.5m 0.00% Added +12.9k +12,900
43 Crocodile Capital Partners GmbH 1.19% of their portfolio URSENSOLLEN, 2M 60,00060.0k $1.5m $1.5m 1.19% Unchanged
44 DELTEC ASSET MANAGEMENT LLC 0.24% of their portfolio New York, NY 59,50059.5k $1.4m $1.4m 0.24% Reduced -1.5k -1,500
45 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 56,81756.8k $1.4m $1.4m 0.00% Reduced -29.5k -29,463
46 Brevan Howard Capital Management LP 0.02% of their portfolio ST. HELIER, Y9 56,42756.4k $1.4m $1.4m 0.02% Reduced -261.5k -261,462
47 Activest Wealth Management 0.25% of their portfolio AVENTURA, FL 51,80451.8k $1.3m $1.3m 0.25% Reduced -411 -411
48 QUATTRO FINANCIAL ADVISORS LLC 0.38% of their portfolio The Woodlands, TX 50,00050.0k $1.2m $1.2m 0.38% Unchanged
49 Graham Capital Management, L.P. 0.04% of their portfolio ROWAYTON, CT 49,98850.0k $1.2m $1.2m 0.04% Added +9.7k +9,728
50 Systrade AG 0.81% of their portfolio VADUZ, N2 45,00045.0k $1.1m $1.1m 0.81% Unchanged
51 Banco Santander, S.A. 0.01% of their portfolio Madrid, U3 44,22844.2k $1.1m $1.1m 0.01% Reduced -18.1k -18,070
52 IMC-Chicago, LLC 0.02% of their portfolio CHICAGO, IL 42,71242.7k $1.0m $1.0m 0.02% New
53 Leonteq Securities AG 0.05% of their portfolio ZURICH, V8 41,02941.0k $996.6k $996.6k 0.05% Added +15.6k +15,604
54 SIMPLEX TRADING, LLC 0.02% of their portfolio CHICAGO, IL 40,85940.9k $992.0k $992.0k 0.02% Added +39.4k +39,352
55 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 37,29137.3k $905.8k $905.8k 0.01% Reduced -92.8k -92,784
56 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 33,01333.0k $801.9k $801.9k 0.00% Reduced -14.2k -14,202
57 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 28,75828.8k $698.5k $698.5k 0.02% New
58 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 27,77327.8k $674.6k $674.6k 0.01% Added +22.9k +22,907
59 CHESAPEAKE ASSET MANAGEMENT LLC 0.58% of their portfolio NEW YORK, NY 26,88026.9k $652.9k $652.9k 0.58% Unchanged
60 Fort Sheridan Advisors LLC 0.08% of their portfolio HIGHLAND PARK, IL 23,97524.0k $582.4k $582.4k 0.08% Unchanged
61 Steadtrust LLC 0.36% of their portfolio ALLEN, TX 22,00022.0k $534.4k $534.4k 0.36% Unchanged
62 BAROMETER CAPITAL MANAGEMENT INC. 0.12% of their portfolio TORONTO, A6 21,30021.3k $517.4k $517.4k 0.12% Added +9.3k +9,300
63 Monaco Asset Management SAM 0.18% of their portfolio Monaco, O9 20,00020.0k $485.8k $485.8k 0.18% New
64 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 19,64819.6k $477.2k $477.2k 0.01% Reduced -1.5k -1,517
65 TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 0.07% of their portfolio NEW YORK, NY 19,43019.4k $471.9k $471.9k 0.07% Reduced -878 -878
66 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 16,25716.3k $394.9k $394.9k 0.00% Added +303 +303
67 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 14,97515.0k $450.6k $450.6k 0.00% Added +603 +603
68 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 14,42914.4k $350.5k $350.5k 0.00% Reduced -200 -200
69 Aigen Investment Management, LP 0.05% of their portfolio NEW YORK, NY 13,70513.7k $332.9k $332.9k 0.05% New
70 FIL Ltd 0.00% of their portfolio HAMILTON, D0 13,68013.7k $332.7k $332.7k 0.00% Unchanged
71 GAM Holding AG 0.02% of their portfolio Zurich, V8 13,00013.0k $315.8k $315.8k 0.02% New
72 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 12,70012.7k $308.5k $308.5k 0.00% Reduced -142.3k -142,340
73 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 12,39212.4k $301.0k $301.0k 0.00% Added +8.4k +8,372
74 SIG BROKERAGE, LP 0.08% of their portfolio BALA CYNWYD, PA 12,34412.3k $299.8k $299.8k 0.08% Reduced -13.3k -13,340
75 Laurion Capital Management LP 0.04% of their portfolio NEW YORK, NY 12,00012.0k $291.5k $291.5k 0.04% Unchanged
76 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 11,19711.2k $272.0k $272.0k 0.00% New
77 PARADIGM ASSET MANAGEMENT CO LLC 0.06% of their portfolio NEW YORK, NY 10,69210.7k $259.7k $259.7k 0.06% Unchanged
78 LWM Advisory Services, LLC 0.14% of their portfolio PLANTATION, FL 10,14710.1k $246.5k $246.5k 0.14% Unchanged
79 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 10,07710.1k $244.8k $244.8k 0.00% Reduced -340 -340
80 WOLVERINE TRADING, LLC 0.00% of their portfolio CHICAGO, IL 9,7489.7k $247.1k $247.1k 0.00% Reduced -6.7k -6,742
81 Marex Group Ltd 0.00% of their portfolio London, X0 9,1809.2k $223.0k $223.0k 0.00% New
82 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 8,6708.7k $210.6k $210.6k 0.00% Unchanged
83 DIVERSIFY WEALTH MANAGEMENT, LLC 0.02% of their portfolio SANDY, UT 8,2838.3k $307.0k $307.0k 0.02% Reduced -50.6k -50,636
84 Mariner, LLC 0.00% of their portfolio Overland Park, KS 8,2758.3k $201.0k $201.0k 0.00% Reduced -1.3k -1,301
85 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 8,2488.2k $200.3k $200.3k 0.00% Reduced -40 -40
86 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 7,6637.7k $253.0k $253.0k 0.00% Added +5.5k +5,454
87 Mutual Advisors, LLC 0.00% of their portfolio OMAHA, NE 7,6347.6k $205.3k $205.3k 0.00% Reduced -180 -180
88 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,7704.8k $116.0k $116.0k 0.00% Reduced -3.8k -3,832
89 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 3,4343.4k $83.4k $83.4k 0.00% Reduced -311 -311
90 HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio SOUTHFIELD, MI 3,0343.0k $74.0k $74.0k 0.00% Added +1.1k +1,123
91 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 2,4712.5k $60.0k $60.0k 0.00% Added +6 +6
92 Rakuten Securities, Inc. 0.02% of their portfolio TOKYO, M0 2,2842.3k $55.5k $55.5k 0.02% Added +2.1k +2,067
93 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 1,8451.8k $44.8k $44.8k 0.00% Reduced -245 -245
94 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,6241.6k $39.4k $39.4k 0.00% Reduced -108 -108
95 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 1,3531.4k $32.9k $32.9k 0.00% Added +1.1k +1,123
96 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,2001.2k $29.1k $29.1k 0.00% Reduced -6.6k -6,596
97 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 1,1391.1k $27.7k $27.7k 0.00% Unchanged
98 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,1001.1k $26.7k $26.7k 0.00% Unchanged
99 TruNorth Capital Management, LLC 0.00% of their portfolio KALAMAZOO, MI 800800 $19.4k $19.4k 0.00% Unchanged
100 Investors Research Corp 0.00% of their portfolio ATLANTA, GA 700700 $17.0k $17.0k 0.00% Unchanged