ProShares UltraShort Bloomberg Natural Gas
KOLD
18 hedge funds and large institutions have $21.2M invested in ProShares UltraShort Bloomberg Natural Gas in 2025 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 6 closing their positions.
348% more call options, than puts
Call options by funds: $127M | Put options by funds: $28.4M
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
71% more capital invested
Capital invested by funds: $12.4M → $21.2M (+$8.77M)
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
13% more funds holding
Funds holding: 16 → 18 (+2)
0.18% more ownership
Funds ownership: 0.57% → 0.75% (+0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.83M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$4.01M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$2.08M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
+$1.85M |
| 5 |
SG
StoneX Group
New York
|
+$754K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$2.94M |
| 2 |
Jane Street
New York
|
-$1.97M |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$1.92M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$896K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$895K |
KOLD Hedge Fund Activity: Q2 2025 in Review
18 of the 7,614 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bloomberg Natural Gas (KOLD) for Q2 2025, worth a combined $21.2M — up 71% from $12.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new KOLD positions and 6 closed out — a net gain of 2 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $5.83M. The largest seller was Centric Wealth Management, exiting entirely with an estimated $2.94M sold.
- 18 institutional investors held ProShares UltraShort Bloomberg Natural Gas (KOLD) as of Q2 2025, up from 16 in Q1 2025.
- Funds reported $21.2M of ProShares UltraShort Bloomberg Natural Gas stock for Q2 2025, up 71% quarter-over-quarter.
- 8 funds opened new ProShares UltraShort Bloomberg Natural Gas positions in Q2 2025 and 6 closed out, a net change of +2 holders.
- The largest ProShares UltraShort Bloomberg Natural Gas buyer in Q2 2025 was Susquehanna International Group, an estimated $5.83M added.
- The largest ProShares UltraShort Bloomberg Natural Gas seller in Q2 2025 was Centric Wealth Management, an estimated $2.94M sold.
Based on aggregated 13F filings for Q2 2025.