Vault-13

YPF SOCIEDAD ANONIMA YPF

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

Argentine energy company

150 institutional holders +35 vs Q4 2025
45,729,84845.7m shares reported held*
$2.1bnreported value*
54 new 39 added 31 reduced 18 sold out net bought ≈ $579.8m (+12.5m 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 ($12.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.22. Options: 21 managers hold calls ($481.0m notional), 20 hold puts ($193.1m).

Trends to Q1 2026

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: 124Q4 25: 115Q1 26: 150150Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q4 2025115
Q1 2026150

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 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 25Q4 25: 50 bought or addedQ4 25: 72 cut or sold outQ1 26: 93 bought or addedQ1 26: 49 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20247674
Q3 20245884
Q4 20249779
Q1 202578103
Q2 20257291
Q3 20255188
Q4 20255072
Q1 20269349

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ2 25 calls: $139.3mQ2 25 puts: $167.3mQ2 25P/C 1.20Q3 25 calls: $136.2mQ3 25 puts: $139.2mQ3 25P/C 1.02Q4 25 calls: $219.5mQ4 25 puts: $203.2mQ4 25P/C 0.93Q1 26 calls: $481.0mQ1 26 puts: $193.1mQ1 26P/C 0.40
Numbers
QuarterCallsPutsP/C
Q2 2025$139.3m$167.3m1.20
Q3 2025$136.2m$139.2m1.02
Q4 2025$219.5m$203.2m0.93
Q1 2026$481.0m$193.1m0.40

Biggest buyers

Duquesne Family Office LLC Added +2,628,972+2.6m
North of South Capital LLP Added +1,853,874+1.9m
JPMORGAN CHASE & CO Added +1,374,216+1.4m
TT International Asset Management LTD Added +1,263,788+1.3m
JANE STREET GROUP, LLC Added +1,067,159+1.1m
OAKTREE CAPITAL MANAGEMENT LP New +886,465+886.5k
BlackRock, Inc. Added +719,461+719.5k
MORGAN STANLEY Added +645,893+645.9k
Russell Investments Group, Ltd. Added +610,826+610.8k
MILLENNIUM MANAGEMENT LLC Added +586,553+586.6k

Biggest sellers

Aquamarine Financial (Cayman) Ltd Reduced -1,465,882-1.5m
PING CAPITAL MANAGEMENT, INC. Reduced -570,500-570.5k
NWI MANAGEMENT LP Sold out -452,950-452.9k
HSBC HOLDINGS PLC Reduced -321,293-321.3k
Grantham, Mayo, Van Otterloo & Co. LLC Reduced -219,700-219.7k
GROUP ONE TRADING LLC Sold out -211,359-211.4k
UBS Group AG Reduced -160,214-160.2k
Verition Fund Management LLC Sold out -147,000-147.0k
BANK OF AMERICA CORP /DE/ Reduced -92,403-92.4k
Banco Santander, S.A. Reduced -85,487-85.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $193.8m4.2m shares
MASTERS CAPITAL MANAGEMENT LLC Added $46.2m1.0m shares
IMC-Chicago, LLC Added $43.6m943.4k shares
GROUP ONE TRADING LLC Added $31.3m677.3k shares
CITADEL ADVISORS LLC Added $28.7m621.4k shares
JANE STREET GROUP, LLC Added $28.1m607.1k shares
PEAK6 LLC Added $25.0m540.0k shares
Walleye Trading LLC Added $17.3m374.5k shares
SIMPLEX TRADING, LLC Added $14.9m321.9k shares
Jain Global LLC New $13.9m300.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $50.6m1.1m shares
JANE STREET GROUP, LLC Reduced $24.4m528.6k shares
GROUP ONE TRADING LLC Reduced $22.5m485.9k shares
CITADEL ADVISORS LLC Reduced $18.7m404.3k shares
Walleye Trading LLC Added $17.0m367.3k shares
IMC-Chicago, LLC Added $11.9m257.4k shares
LMR Partners LLP New $9.2m200.0k shares
Converium Capital Inc. Unchanged $8.8m190.0k shares
SIMPLEX TRADING, LLC Added $6.5m140.0k shares
D. E. Shaw & Co., Inc. Reduced $4.2m90.0k 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 Q1 2026

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 2 sellingQ1 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—2$704.2k—
DateInsiderTradeSharesPrice ValueTheir holding
2026-03-25 Martin Mauricio Alejandro Midstrm. & Downstrm. Exec. VP, director · American Depositary Shares Sold 3,430 $43.60 $149.5k3.4k shares -99%
2026-03-19 Aldeco Marcelo Gustavo Labor Relations VP Sold 12,719 $43.61 $554.7k12.7k shares -99%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Aquamarine Financial (Cayman) Ltd 30.55% of their portfolio Grand Cayman, E9 9,026,6759.0m $417.2m $417.2m 30.55% Reduced -1.5m -1,465,882
2 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 5,111,9065.1m $235.8m $235.8m 0.02% Added +1.4m +1,374,216
3 North of South Capital LLP 14.63% of their portfolio LONDON, X0 3,524,2523.5m $162.9m $162.9m 14.63% Added +1.9m +1,853,874
4 Duquesne Family Office LLC 5.09% of their portfolio New York, NY 3,235,9623.2m $149.6m $149.6m 5.09% Added +2.6m +2,628,972
5 VR Advisory Services Ltd 17.68% of their portfolio CAMANA BAY, GRAND CAYMAN, E9 3,231,3963.2m $149.4m $149.4m 17.68% Unchanged
6 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,911,7051.9m $88.4m $88.4m 0.01% Added +645.9k +645,893
7 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.11% of their portfolio CAUSEWAY BAY, K3 1,732,0611.7m $80.1m $80.1m 0.11% Added +68.2k +68,243
8 PING CAPITAL MANAGEMENT, INC. 24.64% of their portfolio NEW YORK, NY 1,378,2001.4m $63.7m $63.7m 24.64% Reduced -570.5k -570,500
9 TT International Asset Management LTD 6.51% of their portfolio LONDON, X0 1,289,5971.3m $59.6m $59.6m 6.51% Added +1.3m +1,263,788
10 JANE STREET GROUP, LLC 0.06% of their portfolio NEW YORK, NY 1,223,7211.2m $56.6m $56.6m 0.06% Added +1.1m +1,067,159
11 Russell Investments Group, Ltd. 0.05% of their portfolio Seattle, WA 1,064,6211.1m $49.2m $49.2m 0.05% Added +610.8k +610,826
12 Grantham, Mayo, Van Otterloo & Co. LLC 0.11% of their portfolio Boston, MA 926,178926.2k $42.8m $42.8m 0.11% Reduced -219.7k -219,700
13 OAKTREE CAPITAL MANAGEMENT LP 0.69% of their portfolio LOS ANGELES, CA 886,465886.5k $41.0m $41.0m 0.69% New
14 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 841,792841.8k $38.9m $38.9m 0.03% Added +248.0k +247,980
15 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 792,033792.0k $36.6m $36.6m 0.00% Added +349.4k +349,393
16 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 736,463736.5k $34.0m $34.0m 0.03% Added +586.6k +586,553
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 719,793719.8k $33.3m $33.3m 0.00% Added +719.5k +719,461
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 565,888565.9k $26.2m $26.2m 0.00% Reduced -160.2k -160,214
19 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 1.29% of their portfolio SOUTH NORWALK, CT 538,192538.2k $24.9m $24.9m 1.29% Added +268.1k +268,092
20 Rheos Capital Works Inc. 1.54% of their portfolio Tokyo, M0 500,000500.0k $23.1m $23.1m 1.54% New
21 Equinox Partners Investment Management LLC 8.80% of their portfolio STAMFORD, CT 467,000467.0k $21.6m $21.6m 8.80% New
22 Candriam S.C.A. 0.11% of their portfolio STRASSEN, N4 444,000444.0k $20.5m $20.5m 0.11% Added +297.0k +297,000
23 Fourth Sail Capital LP 2.76% of their portfolio GRAND CAYMAN, E9 363,690363.7k $16.8m $16.8m 2.76% New
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 296,065296.1k $13.7m $13.7m 0.02% Added +235.7k +235,735
25 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 277,591277.6k $13.2m $13.2m 0.01% Reduced -321.3k -321,293
26 HITE Hedge Asset Management LLC 0.72% of their portfolio BRAINTREE, MA 277,192277.2k $12.8m $12.8m 0.72% New
27 Kapitalo Investimentos Ltda 2.24% of their portfolio SAO PAULO, D5 257,612257.6k $11.9m $11.9m 2.24% Added +570 +570
28 Jump Financial, LLC 0.17% of their portfolio Chicago, IL 249,717249.7k $11.5m $11.5m 0.17% New
29 VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.11% of their portfolio HOUSTON, TX 245,687245.7k $11.4m $11.4m 0.11% Reduced -16.7k -16,683
30 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 242,734242.7k $11.2m $11.2m 0.01% Added +186.8k +186,811
31 GLOBEFLEX CAPITAL L P 1.55% of their portfolio SAN DIEGO, CA 221,544221.5k $10.2m $10.2m 1.55% Unchanged
32 WEXFORD CAPITAL LP 1.56% of their portfolio WEST PALM BEACH, FL 204,781204.8k $9.5m $9.5m 1.56% Added +76.1k +76,088
33 Alpine Global Management, LLC 1.43% of their portfolio NEW YORK, NY 204,000204.0k $9.4m $9.4m 1.43% New
34 Brevan Howard Capital Management LP 0.08% of their portfolio ST. HELIER, Y9 165,000165.0k $8.0m $8.0m 0.08% Reduced -37.3k -37,258
35 Aquatic Capital Management LLC 0.20% of their portfolio CHICAGO, IL 151,282151.3k $7.0m $7.0m 0.20% New
36 Tidal Investments LLC 0.02% of their portfolio Milwaukee, WI 148,066148.1k $6.8m $6.8m 0.02% Added +135.1k +135,111
37 Y-Intercept (Hong Kong) Ltd 0.12% of their portfolio HONG KONG, K3 140,884140.9k $6.5m $6.5m 0.12% New
38 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 124,019124.0k $5.7m $5.7m 0.00% Reduced -92.4k -92,403
39 Glenorchy Capital Ltd 2.88% of their portfolio BOOROLITE, C3 115,113115.1k $5.3m $5.3m 2.88% Added +1.6k +1,581
40 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 110,879110.9k $5.1m $5.1m 0.00% Reduced -151 -151
41 Oaktree Fund Advisors, LLC 8.82% of their portfolio LOS ANGLES, CA 108,600108.6k $5.0m $5.0m 8.82% New
42 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 105,000105.0k $4.9m $4.9m 0.00% Added +39.0k +39,000
43 RWC Asset Management LLP 0.15% of their portfolio LONDON, X0 77,20577.2k $3.6m $3.6m 0.15% Added +16.9k +16,943
44 BAROMETER CAPITAL MANAGEMENT INC. 1.19% of their portfolio TORONTO, A6 75,10075.1k $3.5m $3.5m 1.19% New
45 Amundi 0.00% of their portfolio Paris, I0 74,93174.9k $3.5m $3.5m 0.00% Reduced -10.6k -10,643
46 Caitong International Asset Management Co., Ltd 0.63% of their portfolio HONG KONG, K3 73,71973.7k $3.4m $3.4m 0.63% New
47 HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 0.25% of their portfolio SINGAPORE, U0 69,58469.6k $3.2m $3.2m 0.25% New
48 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 67,69467.7k $3.1m $3.1m 0.00% Reduced -4.3k -4,306
49 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 65,97266.0k $3.0m $3.0m 0.00% Added +7.8k +7,801
50 Assenagon Asset Management S.A. 0.00% of their portfolio SENNINGERBERG, N4 59,48659.5k $2.7m $2.7m 0.00% New
51 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 56,27656.3k $2.6m $2.6m 0.01% Unchanged
52 Banco Santander, S.A. 0.02% of their portfolio Madrid, U3 54,29754.3k $2.5m $2.5m 0.02% Reduced -85.5k -85,487
53 Activest Wealth Management 0.39% of their portfolio AVENTURA, FL 47,60847.6k $2.2m $2.2m 0.39% Reduced -736 -736
54 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 47,06947.1k $2.2m $2.2m 0.00% Added +1.4k +1,425
55 Prospera Financial Services Inc 0.03% of their portfolio Dallas, TX 46,76146.8k $2.2m $2.2m 0.03% New
56 Virtu Financial LLC 0.09% of their portfolio New York, NY 46,69346.7k $2.2m $2.2m 0.09% New
57 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 44,93444.9k $2.1m $2.1m 0.00% New
58 BlueCrest Capital Management Ltd 0.19% of their portfolio ST HELIER, Y9 43,50043.5k $2.0m $2.0m 0.19% Unchanged
59 INSIGNEO ADVISORY SERVICES, LLC 0.14% of their portfolio MIAMI, FL 41,18041.2k $1.9m $1.9m 0.14% Reduced -23.7k -23,744
60 DELTEC ASSET MANAGEMENT LLC 0.35% of their portfolio New York, NY 40,75040.8k $1.9m $1.9m 0.35% Reduced -17.5k -17,500
61 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 36,40836.4k $1.7m $1.7m 0.01% Reduced -9.6k -9,584
62 Graham Capital Management, L.P. 0.06% of their portfolio ROWAYTON, CT 35,69935.7k $1.7m $1.7m 0.06% Added +320 +320
63 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 34,42334.4k $1.6m $1.6m 0.00% Added +25.9k +25,900
64 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 34,30834.3k $1.6m $1.6m 0.00% Added +14.9k +14,878
65 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 32,95933.0k $1.5m $1.5m 0.03% New
66 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 31,81431.8k $1.5m $1.5m 0.00% Reduced -1.2k -1,185
67 Engineers Gate Manager LP 0.02% of their portfolio NEW YORK, NY 27,30127.3k $1.3m $1.3m 0.02% New
68 CHESAPEAKE ASSET MANAGEMENT LLC 1.00% of their portfolio NEW YORK, NY 26,88026.9k $1.2m $1.2m 1.00% Unchanged
69 QUATTRO FINANCIAL ADVISORS LLC 0.35% of their portfolio The Woodlands, TX 25,00025.0k $1.2m $1.2m 0.35% Reduced -25.0k -25,000
70 TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 0.17% of their portfolio NEW YORK, NY 24,50524.5k $1.1m $1.1m 0.17% Added +1.2k +1,175
71 Fort Sheridan Advisors LLC 0.13% of their portfolio HIGHLAND PARK, IL 23,97524.0k $1.1m $1.1m 0.13% Unchanged
72 Walleye Trading LLC 0.02% of their portfolio NEW YORK, NY 22,07922.1k $1.0m $1.0m 0.02% Reduced -10.2k -10,156
73 ALTFEST L J & CO INC 0.10% of their portfolio NEW YORK, NY 21,20721.2k $980.2k $980.2k 0.10% New
74 Steadtrust LLC 0.52% of their portfolio ALLEN, TX 20,00020.0k $924.4k $924.4k 0.52% Reduced -2.0k -2,000
75 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 19,08619.1k $882.2k $882.2k 0.00% New
76 First Growth Capital LLC 0.75% of their portfolio PIKESVILLE, MD 18,58718.6k $823.6k $823.6k 0.75% Added +249 +249
77 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 17,61917.6k $814.3k $814.3k 0.01% New
78 Mariner, LLC 0.00% of their portfolio Overland Park, KS 17,09917.1k $790.3k $790.3k 0.00% Reduced -648 -648
79 Caption Management, LLC 0.04% of their portfolio OKLAHOMA CITY, OK 16,34016.3k $755.2k $755.2k 0.04% New
80 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 15,38815.4k $711.2k $711.2k 0.02% Unchanged
81 Compound Planning, Inc. 0.02% of their portfolio NEW YORK, NY 14,29414.3k $660.7k $660.7k 0.02% New
82 Brooklyn Investment Group 0.02% of their portfolio NEW YORK, NY 13,05713.1k $603.5k $603.5k 0.02% Added +5.1k +5,082
83 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 12,19912.2k $563.8k $563.8k 0.00% Added +1.1k +1,107
84 Laurion Capital Management LP 0.05% of their portfolio NEW YORK, NY 12,00012.0k $554.6k $554.6k 0.05% Unchanged
85 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 11,00011.0k $508.4k $508.4k 0.00% New
86 TWO SIGMA SECURITIES, LLC 0.06% of their portfolio NEW YORK, NY 10,79610.8k $499.0k $499.0k 0.06% New
87 ATLAS CAPITAL ADVISORS INC. 0.06% of their portfolio JACKSON, WY 10,73510.7k $496.2k $496.2k 0.06% Unchanged
88 PARADIGM ASSET MANAGEMENT CO LLC 0.12% of their portfolio NEW YORK, NY 10,69210.7k $494.2k $494.2k 0.12% Unchanged
89 PICKERING ENERGY PARTNERS LP 0.94% of their portfolio HOUSTON, TX 10,00010.0k $462.2k $462.2k 0.94% New
90 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 9,96810.0k $460.7k $460.7k 0.00% New
91 LWM Advisory Services, LLC 0.47% of their portfolio PLANTATION, FL 9,5799.6k $442.7k $442.7k 0.47% Unchanged
92 Modern Wealth Management, LLC 0.01% of their portfolio KANSAS CITY, MO 9,5799.6k $424.4k $424.4k 0.01% New
93 Kiker Wealth Management, LLC 0.21% of their portfolio JASPER, GA 9,3909.4k $434.0k $434.0k 0.21% New
94 HANTZ FINANCIAL SERVICES, INC. 0.01% of their portfolio SOUTHFIELD, MI 9,0609.1k $419.0k $419.0k 0.01% Added +1.7k +1,666
95 PROFUND ADVISORS LLC 0.01% of their portfolio BETHESDA, MD 8,7848.8k $406.0k $406.0k 0.01% New
96 WINTON GROUP Ltd 0.01% of their portfolio LONDON, X0 8,4008.4k $388.2k $388.2k 0.01% New
97 Quantbot Technologies LP 0.02% of their portfolio NEW YORK, NY 8,3708.4k $386.9k $386.9k 0.02% New
98 Marex Group Ltd 0.00% of their portfolio London, X0 8,0608.1k $372.5k $372.5k 0.00% Reduced -1.6k -1,642
99 Centiva Capital, LP 0.02% of their portfolio New York, NY 8,0558.1k $372.3k $372.3k 0.02% New
100 Scientech Research LLC 0.30% of their portfolio JERSEY CITY, NJ 7,6647.7k $354.2k $354.2k 0.30% New