Belvedere Trading’s United States 12 Month Natural Gas Fund UNL Stock Holding History

Belvedere Trading’s Portfolio UNL Stock Details UNL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	–	Sell	-15,071	Closed	-$104K	–	1218
2026 Q1	$104K	Sell	15,071 -22,572	-60%	-$163K	﹤0.01%	512
2025 Q4	$278K	Buy	+37,643	New	+$300K	﹤0.01%	398
2025 Q2	–	Sell	-27,373	Closed	-$249K	–	1010
2025 Q1	$281K	Buy	+27,373	New	+$258K	﹤0.01%	283

Other funds holding UNL

VWM

Vermillion Wealth Management Rosemount, Minnesota $427M AUM 12.63% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $202B AUM 37.79% 1-Year Est. Return

Continuum Advisory Eagle, Idaho $1.24B AUM 30.12% 1-Year Est. Return

FFA

Farther Finance Advisors San Francisco, California $12.8B AUM 26.53% 1-Year Est. Return

WPWM

Western Pacific Wealth Management Lake Forest, Illinois $111M AUM 26.64% 1-Year Est. Return

Belvedere Trading's UNL Position: Q2 2026 in Review

Belvedere Trading sold out of United States 12 Month Natural Gas Fund (UNL) in Q2 2026, closing a stake of 15,071 shares — an estimated $104K sold.

Belvedere Trading first reported a position in UNL in Q1 2025 and held it in 3 quarters. The position peaked at $281K in Q1 2025. 5 funds tracked by Wall St. Rank hold UNL as of Q2 2026.

Belvedere Trading reported no remaining United States 12 Month Natural Gas Fund position as of Q2 2026 after selling out during the quarter.
Belvedere Trading sold 15,071 United States 12 Month Natural Gas Fund shares in Q2 2026, an estimated $104K.
Belvedere Trading first reported a position in United States 12 Month Natural Gas Fund in Q1 2025 and held it in 3 quarters.
Belvedere Trading's United States 12 Month Natural Gas Fund position peaked at $281K in Q1 2025.
5 funds tracked by Wall St. Rank held United States 12 Month Natural Gas Fund as of Q2 2026.

Based on Belvedere Trading's 13F filing for Q2 2026, filed 31 Jul 2026.