Parallax Volatility Advisers’s United States Natural Gas Fund UNG Stock Holding History

Parallax Volatility Advisers’s Portfolio UNG Stock Details UNG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-3,473	Closed	-$45.4K	–	1845
2025 Q3	$45.4K	Buy	+3,473	New	+$46.5K	﹤0.01%	1478
2023 Q3	–	Sell	-16,422	Closed	-$459K	–	2634
2023 Q2	$487K	Sell	16,422 -155,750	-90%	-$4.22M	﹤0.01%	1654
2023 Q1	$4.78M	Sell	172,172 -29,888	-15%	-$1.09M	0.01%	882
2022 Q4	$11.4M	Buy	202,060 +82,325	+69%	+$6.54M	0.02%	731
2022 Q3	$11.2M	Sell	119,735 -150,425	-56%	-$16.5M	0.02%	732
2022 Q2	$20.5M	Buy	270,160 +63,467	+31%	+$6.54M	0.02%	475
2022 Q1	$16.3M	Buy	206,693 +196,995	+2,031%	+$12.4M	0.01%	588
2021 Q4	$485K	Buy	9,698 +400	+4%	+$26K	﹤0.01%	1463
2021 Q3	$750K	Buy	9,298 +5,000	+116%	+$302K	﹤0.01%	1415
2021 Q2	$225K	Sell	4,298 -124,827	-97%	-$5.33M	﹤0.01%	1286
2021 Q1	$4.95M	Buy	129,125 +27,827	+27%	+$1.11M	0.01%	517
2020 Q4	$3.73M	Buy	101,298 +44,538	+78%	+$1.92M	﹤0.01%	1047
2020 Q3	$2.59M	Buy	56,760 +46,308	+443%	+$2.22M	﹤0.01%	1590
2020 Q2	$429K	Sell	10,452 -5,933	-36%	-$282K	﹤0.01%	2022
2020 Q1	$823K	Sell	16,385 -26,390	-62%	-$1.53M	﹤0.01%	1550
2019 Q4	$2.88M	Sell	42,775 -1,445	-3%	-$112K	﹤0.01%	1127
2019 Q3	$3.52M	Buy	44,220 +28,300	+178%	+$2.28M	﹤0.01%	933
2019 Q2	$1.27M	Sell	15,920 -16,100	-50%	-$1.4M	﹤0.01%	1193
2019 Q1	$3.01M	Buy	32,020 +26,619	+493%	+$2.66M	﹤0.01%	854
2018 Q4	$534K	Buy	+5,401	New	+$654K	﹤0.01%	1485
2018 Q2	–	Sell	-7,818	Closed	-$723K	–	3333
2018 Q1	$705K	Buy	7,818 +5,014	+179%	+$467K	﹤0.01%	1043
2017 Q4	$1.05M	Sell	2,804 -21,953	-89%	-$2.12M	﹤0.01%	1170
2017 Q3	$2.6M	Buy	24,757 +19,670	+387%	+$2.07M	﹤0.01%	768
2017 Q2	$552K	Buy	+5,087	New	+$590K	﹤0.01%	1200
2017 Q1	–	Sell	-1,139	Closed	-$138K	–	4668
2016 Q4	$170K	Buy	+1,139	New	+$155K	﹤0.01%	1962
2016 Q3	–	Hold	0	–	–	–	3961
2016 Q2	–	Sell	-1,823	Closed	-$208K	–	3572
2016 Q1	$194K	Sell	1,823 -14,327	-89%	-$1.65M	﹤0.01%	1769
2015 Q4	$2.24M	Buy	16,150 +12,050	+294%	+$1.82M	﹤0.01%	982
2015 Q3	$762K	Sell	4,100 -17,044	-81%	-$3.55M	﹤0.01%	1391
2015 Q2	$4.59M	Buy	21,144 +5,913	+39%	+$1.27M	0.01%	741
2015 Q1	$3.23M	Buy	+15,231	New	+$3.48M	0.01%	881
2014 Q4	–	Hold	0	–	–	–	5900
2014 Q3	–	Sell	-136	Closed	-$47.2K	–	4522
2014 Q2	$53K	Buy	136 +14	+11%	+$5.69K	﹤0.01%	2920
2014 Q1	$48K	Sell	122 -1,462	-92%	-$562K	﹤0.01%	2331
2013 Q4	$524K	Buy	1,584 +1,250	+374%	+$384K	﹤0.01%	1045
2013 Q3	$98K	Sell	334 -9	-3%	-$2.7K	﹤0.01%	1454
2013 Q2	$104K	Buy	+343	New	+$119K	﹤0.01%	1270

Other funds holding UNG

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

AWA

Arkadios Wealth Advisors Atlanta, Georgia $6.13B AUM 23.41% 1-Year Est. Return

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

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

KAS

Kestra Advisory Services Austin, Texas $26.4B AUM 21.05% 1-Year Est. Return

Daiwa Securities Group Tokyo, Japan $34.8B AUM 20.7% 1-Year Est. Return

Simplex Trading Chicago, Illinois $149B AUM 62.07% 1-Year Est. Return

Parallax Volatility Advisers's UNG Position: Q4 2025 in Review

Parallax Volatility Advisers sold out of United States Natural Gas Fund (UNG) in Q4 2025, closing a stake of 3,473 shares — an estimated $45.4K sold.

Parallax Volatility Advisers first reported a position in UNG in Q2 2013 and held it in 35 quarters. The position peaked at $20.5M in Q2 2022. 96 funds tracked by Wall St. Rank hold UNG as of Q4 2025.

Parallax Volatility Advisers reported no remaining United States Natural Gas Fund position as of Q4 2025 after selling out during the quarter.
Parallax Volatility Advisers sold 3,473 United States Natural Gas Fund shares in Q4 2025, an estimated $45.4K.
Parallax Volatility Advisers first reported a position in United States Natural Gas Fund in Q2 2013 and held it in 35 quarters.
Parallax Volatility Advisers's United States Natural Gas Fund position peaked at $20.5M in Q2 2022.
96 funds tracked by Wall St. Rank held United States Natural Gas Fund as of Q4 2025.

Based on Parallax Volatility Advisers's 13F filing for Q4 2025, filed 17 Feb 2026.