First Trust Natural Gas ETF
FCG
97 hedge funds and large institutions have $160M invested in First Trust Natural Gas ETF in 2025 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 37 reducing their positions, and 19 closing their positions.
0.03% less ownership
Funds ownership: 48.03% → 48% (-0.03%)
0% less capital invested
Capital invested by funds: $160M → $160M (-$268K)
8% less funds holding
Funds holding: 105 → 97 (-8)
30% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 37
32% less call options, than puts
Call options by funds: $1.31M | Put options by funds: $1.93M
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSA
Financial Sense Advisors
San Diego,
California
|
+$9.89M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$5.89M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$4.24M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.23M |
| 5 |
GJL
Gendell Jeffrey L
|
+$702K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.9M |
| 2 |
Morgan Stanley
New York
|
-$4.29M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.34M |
| 4 |
SIM
Stratos Investment Management
Beachwood,
Ohio
|
-$2.17M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.98M |
FCG Hedge Fund Activity: Q3 2025 in Review
97 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in First Trust Natural Gas ETF (FCG) for Q3 2025, worth a combined $160M — down 0.17% from $160M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FCG and 12 opened new positions — a net loss of 7 holders — while 37 trimmed existing stakes and 26 added.
The largest buyer was Financial Sense Advisors, adding an estimated $9.89M. The largest seller was Ameriprise, cutting an estimated $6.9M.
- 97 institutional investors held First Trust Natural Gas ETF (FCG) as of Q3 2025, down from 105 in Q2 2025.
- Funds reported $160M of First Trust Natural Gas ETF stock for Q3 2025, down 0.17% quarter-over-quarter.
- 12 funds opened new First Trust Natural Gas ETF positions in Q3 2025 and 19 closed out, a net change of -7 holders.
- The largest First Trust Natural Gas ETF buyer in Q3 2025 was Financial Sense Advisors, an estimated $9.89M added.
- The largest First Trust Natural Gas ETF seller in Q3 2025 was Ameriprise, an estimated $6.9M sold.
Based on aggregated 13F filings for Q3 2025.