ProShares UltraShort Bloomberg Natural Gas
KOLD
9 hedge funds and large institutions have $1.97M invested in ProShares UltraShort Bloomberg Natural Gas in 2025 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 10 closing their positions.
293% more call options, than puts
Call options by funds: $163M | Put options by funds: $41.5M
0.45% more ownership
Funds ownership: 0.75% → 1.2% (+0.45%)
50% less funds holding
Funds holding: 18 → 9 (-9)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
90% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 10
91% less capital invested
Capital invested by funds: $21.2M → $1.97M (-$19.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$256K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$89.7K |
| 3 |
SS
Sunbelt Securities
Houston,
Texas
|
+$14.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$10.4M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$4.27M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$2.55M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
-$2.3M |
| 5 |
SG
StoneX Group
New York
|
-$802K |
KOLD Hedge Fund Activity: Q3 2025 in Review
9 of the 7,642 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bloomberg Natural Gas (KOLD) for Q3 2025, worth a combined $1.97M — down 91% from $21.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of KOLD and 1 opened new positions — a net loss of 9 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Trading, adding an estimated $256K. The largest seller was Susquehanna International Group, cutting an estimated $10.4M.
- 9 institutional investors held ProShares UltraShort Bloomberg Natural Gas (KOLD) as of Q3 2025, down from 18 in Q2 2025.
- Funds reported $1.97M of ProShares UltraShort Bloomberg Natural Gas stock for Q3 2025, down 91% quarter-over-quarter.
- 1 fund opened new ProShares UltraShort Bloomberg Natural Gas positions in Q3 2025 and 10 closed out, a net change of -9 holders.
- The largest ProShares UltraShort Bloomberg Natural Gas buyer in Q3 2025 was Wolverine Trading, an estimated $256K added.
- The largest ProShares UltraShort Bloomberg Natural Gas seller in Q3 2025 was Susquehanna International Group, an estimated $10.4M sold.
Based on aggregated 13F filings for Q3 2025.