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 Q1	$34.5K	Sell	5,000 -1,000	-17%	-$7.2K	﹤0.01%	606
2025 Q4	$44.3K	Buy	+6,000	New	+$47.8K	﹤0.01%	668
2025 Q3	–	Sell	-117,900	Closed	-$1.03M	–	1132
2025 Q2	$1.03M	Buy	117,900 +115,900	+5,795%	+$1.06M	﹤0.01%	137
2025 Q1	$20.5K	Buy	+2,000	New	+$18.8K	﹤0.01%	555

Other funds holding UNL

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

FTUS

Flow Traders U.S. New York $3.16B AUM 19.52% 1-Year Est. Return

HRT Financial New York $40.1B AUM 58.22% 1-Year Est. Return

Barclays London, United Kingdom $416B AUM 33.63% 1-Year Est. Return

Group One Trading Chicago, Illinois $52.2B AUM 104.56% 1-Year Est. Return

VWM

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

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return

WPWM

Western Pacific Wealth Management Lake Forest, Illinois $98.4M AUM 25.22% 1-Year Est. Return

Belvedere Trading's UNL Position: Q1 2026 in Review

Belvedere Trading reduced its United States 12 Month Natural Gas Fund (UNL) stake by 60% in Q1 2026, selling an estimated $163K and leaving 15,071 shares worth $104K. The position accounts for ﹤0.01% of the portfolio, ranked #512.

Belvedere Trading first reported a position in UNL in Q1 2025 and has held it in 3 quarters since. The position peaked at $281K in Q1 2025. 13 funds tracked by Wall St. Rank hold UNL as of Q1 2026.

Belvedere Trading held 15,071 shares of United States 12 Month Natural Gas Fund worth $104K as of Q1 2026.
Belvedere Trading sold 22,572 United States 12 Month Natural Gas Fund shares in Q1 2026, an estimated $163K.
United States 12 Month Natural Gas Fund made up ﹤0.01% of Belvedere Trading's portfolio in Q1 2026, its #512 holding.
Belvedere Trading first reported a position in United States 12 Month Natural Gas Fund in Q1 2025 and has held it in 3 quarters since.
Belvedere Trading's United States 12 Month Natural Gas Fund position peaked at $281K in Q1 2025.
13 funds tracked by Wall St. Rank held United States 12 Month Natural Gas Fund as of Q1 2026.

Based on Belvedere Trading's 13F filing for Q1 2026, filed 12 May 2026.