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	-30,000	Closed	-$392K	–	1844
2025 Q3	$392K	Buy	+30,000	New	+$402K	﹤0.01%	1289
2024 Q1	–	Sell	-29,600	Closed	-$600K	–	2379
2023 Q4	$600K	Sell	29,600 -5,000	-14%	-$124K	﹤0.01%	1554
2023 Q3	$945K	Sell	34,600 -81,850	-70%	-$2.29M	﹤0.01%	1386
2023 Q2	$3.46M	Buy	116,450 +14,000	+14%	+$379K	0.01%	926
2023 Q1	$2.84M	Sell	102,450 -27,400	-21%	-$995K	0.01%	1099
2022 Q4	$7.32M	Sell	129,850 -27,300	-17%	-$2.17M	0.01%	891
2022 Q3	$14.7M	Buy	157,150 +143,425	+1,045%	+$15.7M	0.02%	634
2022 Q2	$1.04M	Sell	13,725 -239,125	-95%	-$24.7M	﹤0.01%	1623
2022 Q1	$19.9M	Buy	252,850 +27,700	+12%	+$1.75M	0.01%	506
2021 Q4	$11.2M	Buy	225,150 +99,600	+79%	+$6.48M	0.01%	568
2021 Q3	$10.1M	Sell	125,550 -29,800	-19%	-$1.8M	0.01%	643
2021 Q2	$8.13M	Sell	155,350 -98,475	-39%	-$4.2M	0.01%	550
2021 Q1	$9.73M	Buy	253,825 +28,725	+13%	+$1.15M	0.02%	390
2020 Q4	$8.28M	Buy	225,100 +225,000	+225,000%	+$9.71M	0.01%	780
2020 Q3	$5K	Hold	100	–	–	﹤0.01%	2992
2020 Q2	$4K	Hold	100	–	–	﹤0.01%	2642
2020 Q1	$5K	Sell	100 -174,875	-100%	-$10.2M	﹤0.01%	2379
2019 Q4	$11.8M	Buy	174,975 +44,300	+34%	+$3.43M	0.01%	595
2019 Q3	$10.4M	Buy	130,675 +10,325	+9%	+$830K	0.01%	578
2019 Q2	$9.58M	Sell	120,350 -14,225	-11%	-$1.24M	0.01%	530
2019 Q1	$12.6M	Sell	134,575 -159,894	-54%	-$16M	0.01%	418
2018 Q4	$29.1M	Sell	294,469 -5,625	-2%	-$682K	0.04%	277
2018 Q3	$29.8M	Sell	300,094 -24,975	-8%	-$2.34M	0.04%	210
2018 Q2	$30.8M	Sell	325,069 -166,875	-34%	-$15.4M	0.04%	192
2018 Q1	$44.4M	Buy	491,944 +383,167	+352%	+$35.7M	0.06%	150
2017 Q4	$40.6M	Sell	108,777 -112,986	-51%	-$10.9M	0.06%	161
2017 Q3	$23.3M	Buy	221,763 +80,369	+57%	+$8.48M	0.04%	234
2017 Q2	$15.3M	Buy	141,394 +84,031	+146%	+$9.74M	0.03%	306
2017 Q1	$6.95M	Buy	57,363 +31,594	+123%	+$3.83M	0.01%	472
2016 Q4	$3.85M	Buy	25,769 +2,775	+12%	+$377K	0.01%	719
2016 Q3	$3.08M	Sell	22,994 -100	-0.4%	-$13.2K	0.01%	858
2016 Q2	$3.19M	Buy	23,094 +2,469	+12%	+$282K	0.01%	767
2016 Q1	$2.2M	Sell	20,625 -22,250	-52%	-$2.56M	﹤0.01%	877
2015 Q4	$5.95M	Sell	42,875 -8,931	-17%	-$1.35M	0.01%	632
2015 Q3	$9.62M	Buy	51,806 +44,168	+578%	+$9.21M	0.02%	464
2015 Q2	$1.66M	Buy	7,638 +532	+7%	+$115K	﹤0.01%	1146
2015 Q1	$1.5M	Sell	7,106 -24,163	-77%	-$5.51M	﹤0.01%	1131
2014 Q4	$7.39M	Buy	31,269 +12,163	+64%	+$3.9M	0.02%	560
2014 Q3	$6.76M	Buy	19,106 +10,750	+129%	+$3.73M	0.02%	594
2014 Q2	$3.29M	Buy	8,356 +2,356	+39%	+$957K	0.01%	607
2014 Q1	$2.34M	Buy	6,000 +5,025	+515%	+$1.93M	0.01%	548
2013 Q4	$322K	Buy	975 +356	+58%	+$109K	﹤0.01%	1224
2013 Q3	$181K	Buy	619 +344	+125%	+$103K	﹤0.01%	1159
2013 Q2	$83K	Buy	+275	New	+$95.5K	﹤0.01%	1372

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.