United States 12 Month Natural Gas Fund (UNL)

• Market cap: $18M
• Sector: Financials
• Industry: Commodity Contracts Brokers & Dealers

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

224% more call options, than puts

Call options by funds: $146K | Put options by funds: $45K

69% more capital invested

Capital invested by funds: $2.61M [Q1] → $4.4M (+$1.79M) [Q2]

8.76% more ownership

Funds ownership: 15.28% [Q1] → 24.04% (+8.76%) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 3

10% less funds holding

Funds holding: 20 [Q1] → 18 (-2) [Q2]

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7