First Trust Natural Gas ETF
FCG
143 hedge funds and large institutions have $425M invested in First Trust Natural Gas ETF in 2026 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 42 increasing their positions, 27 reducing their positions, and 12 closing their positions.
317% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 12
311% more call options, than puts
Call options by funds: $7.12M | Put options by funds: $1.73M
105% more capital invested
Capital invested by funds: $208M → $425M (+$218M)
56% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 27
34% more funds holding
Funds holding: 107 → 143 (+36)
4.22% more ownership
Funds ownership: 46.65% → 50.87% (+4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$40.9M |
| 2 |
GP
Guardian Partners
Toronto,
Canada
|
+$11.3M |
| 3 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$10.3M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$9M |
| 5 |
Morgan Stanley
New York
|
+$8.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSA
Financial Sense Advisors
San Diego,
California
|
-$9.98M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$5.54M |
| 3 |
PWA
PCG Wealth Advisors
Overland Park,
Kansas
|
-$2.97M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.95M |
| 5 |
EFG
Ethos Financial Group
King Of Prussia,
Pennsylvania
|
-$2.29M |
FCG Hedge Fund Activity: Q1 2026 in Review
143 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in First Trust Natural Gas ETF (FCG) for Q1 2026, worth a combined $425M — up 105% from $208M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FCG positions and 12 closed out — a net gain of 38 holders — while 42 added to existing stakes and 27 trimmed.
The largest buyer was Wells Fargo, adding an estimated $40.9M. The largest seller was Financial Sense Advisors, cutting an estimated $9.98M.
- 143 institutional investors held First Trust Natural Gas ETF (FCG) as of Q1 2026, up from 107 in Q4 2025.
- Funds reported $425M of First Trust Natural Gas ETF stock for Q1 2026, up 105% quarter-over-quarter.
- 50 funds opened new First Trust Natural Gas ETF positions in Q1 2026 and 12 closed out, a net change of +38 holders.
- The largest First Trust Natural Gas ETF buyer in Q1 2026 was Wells Fargo, an estimated $40.9M added.
- The largest First Trust Natural Gas ETF seller in Q1 2026 was Financial Sense Advisors, an estimated $9.98M sold.
Based on aggregated 13F filings for Q1 2026.