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
2023 Q4	–	Sell	-68,750	Closed	-$1.88M	–	2519
2023 Q3	$1.88M	Sell	68,750 -118,750	-63%	-$3.32M	﹤0.01%	1120
2023 Q2	$5.57M	Sell	187,500 -1,075,000	-85%	-$29.1M	0.01%	740
2023 Q1	$35M	Buy	1,262,500 +1,262,150	+360,614%	+$45.8M	0.07%	265
2022 Q4	$19.7K	Sell	350 -1,400	-80%	-$111K	﹤0.01%	2484
2022 Q3	$163K	Sell	1,750 -3,225	-65%	-$353K	﹤0.01%	2372
2022 Q2	$379K	Buy	+4,975	New	+$513K	﹤0.01%	2020
2022 Q1	–	Sell	-50,000	Closed	-$2.5M	–	3221
2021 Q4	$2.5M	Buy	50,000 +25,000	+100%	+$1.63M	﹤0.01%	1019
2021 Q3	$2.02M	Sell	25,000 -27,575	-52%	-$1.66M	﹤0.01%	1120
2021 Q2	$2.75M	Sell	52,575 -7,350	-12%	-$314K	﹤0.01%	800
2021 Q1	$2.3M	Sell	59,925 -56,600	-49%	-$2.27M	0.01%	658
2020 Q4	$4.29M	Buy	116,525 +75,275	+182%	+$3.25M	﹤0.01%	993
2020 Q3	$1.88M	Sell	41,250 -42,850	-51%	-$2.05M	﹤0.01%	1733
2020 Q2	$3.45M	Buy	84,100 +17,850	+27%	+$850K	﹤0.01%	1234
2020 Q1	$3.33M	Sell	66,250 -27,500	-29%	-$1.6M	﹤0.01%	1033
2019 Q4	$6.32M	Buy	93,750 +46,825	+100%	+$3.63M	0.01%	813
2019 Q3	$3.75M	Buy	46,925 +11,675	+33%	+$939K	﹤0.01%	912
2019 Q2	$2.81M	Sell	35,250 -18,500	-34%	-$1.61M	﹤0.01%	932
2019 Q1	$5.05M	Sell	53,750 -99,769	-65%	-$9.97M	0.01%	690
2018 Q4	$15.2M	Sell	153,519 -7,550	-5%	-$915K	0.02%	406
2018 Q3	$16M	Sell	161,069 -350,600	-69%	-$32.8M	0.02%	352
2018 Q2	$48.5M	Sell	511,669 -12,500	-2%	-$1.16M	0.07%	125
2018 Q1	$47.3M	Buy	524,169 +460,061	+718%	+$42.8M	0.06%	141
2017 Q4	$23.9M	Sell	64,108 -90,880	-59%	-$8.78M	0.03%	224
2017 Q3	$16.3M	Buy	154,988 +51,769	+50%	+$5.46M	0.03%	303
2017 Q2	$11.2M	Buy	103,219 +24,406	+31%	+$2.83M	0.02%	375
2017 Q1	$9.54M	Buy	78,813 +73,088	+1,277%	+$8.85M	0.02%	399
2016 Q4	$856K	Buy	5,725 +5,600	+4,480%	+$761K	﹤0.01%	1283
2016 Q3	$17K	Sell	125 -25,725	-100%	-$3.4M	﹤0.01%	2611
2016 Q2	$3.57M	Sell	25,850 -46,713	-64%	-$5.34M	0.01%	737
2016 Q1	$7.73M	Buy	72,563 +13,500	+23%	+$1.55M	0.02%	435
2015 Q4	$8.19M	Buy	59,063 +34,807	+143%	+$5.25M	0.02%	516
2015 Q3	$4.5M	Buy	24,256 +17,525	+260%	+$3.65M	0.01%	720
2015 Q2	$1.46M	Sell	6,731 -134,732	-95%	-$29M	﹤0.01%	1200
2015 Q1	$30M	Buy	141,463 +124,719	+745%	+$28.5M	0.07%	220
2014 Q4	$3.96M	Buy	16,744 +6,556	+64%	+$2.1M	0.01%	786
2014 Q3	$3.6M	Buy	10,188 +3,400	+50%	+$1.18M	0.01%	858
2014 Q2	$2.67M	Buy	6,788 +1,107	+19%	+$450K	0.01%	669
2014 Q1	$2.22M	Buy	5,681 +4,987	+719%	+$1.92M	0.01%	557
2013 Q4	$229K	Buy	694 +225	+48%	+$69.2K	﹤0.01%	1395
2013 Q3	$137K	Sell	469 -6	-1%	-$1.8K	﹤0.01%	1289
2013 Q2	$144K	Buy	+475	New	+$165K	﹤0.01%	1140

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.