United States Gasoline Fund
UGA
47 hedge funds and large institutions have $51.3M invested in United States Gasoline Fund in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
27% more funds holding
Funds holding: 37 → 47 (+10)
27% more capital invested
Capital invested by funds: $40.5M → $51.3M (+$10.8M)
18% more call options, than puts
Call options by funds: $2.68M | Put options by funds: $2.28M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.88% less ownership
Funds ownership: 47.41% → 42.53% (-4.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$5.43M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.09M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.05M |
| 4 |
MAM
Milestone Asset Management
Pittsburgh,
Pennsylvania
|
+$1.03M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$854K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$8.58M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.81M |
| 3 |
RIG
Ramiah Investment Group
Brookfield,
Wisconsin
|
-$1.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$671K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$245K |
UGA Hedge Fund Activity: Q1 2024 in Review
47 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in United States Gasoline Fund (UGA) for Q1 2024, worth a combined $51.3M — up 27% from $40.5M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new UGA positions and 5 closed out — a net gain of 10 holders — while 16 added to existing stakes and 6 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $5.43M. The largest seller was Jane Street, cutting an estimated $8.58M.
- 47 institutional investors held United States Gasoline Fund (UGA) as of Q1 2024, up from 37 in Q4 2023.
- Funds reported $51.3M of United States Gasoline Fund stock for Q1 2024, up 27% quarter-over-quarter.
- 15 funds opened new United States Gasoline Fund positions in Q1 2024 and 5 closed out, a net change of +10 holders.
- The largest United States Gasoline Fund buyer in Q1 2024 was Cambridge Investment Research Advisors, an estimated $5.43M added.
- The largest United States Gasoline Fund seller in Q1 2024 was Jane Street, an estimated $8.58M sold.
Based on aggregated 13F filings for Q1 2024.