United States Gasoline Fund
UGA
24 hedge funds and large institutions have $4M invested in United States Gasoline Fund in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 5 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
31% more call options, than puts
Call options by funds: $3.33M | Put options by funds: $2.53M
5.9% less ownership
Funds ownership: 12.11% → 6.21% (-5.9%)
8% less funds holding
Funds holding: 26 → 24 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
53% less capital invested
Capital invested by funds: $8.58M → $4M (-$4.58M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$151K |
| 2 |
CG
Cutler Group
San Francisco,
California
|
+$132K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$98.3K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$40.6K |
| 5 |
VF
Virtu Financial
New York
|
+$10.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
-$2.65M |
| 2 |
Jane Street
New York
|
-$791K |
| 3 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$640K |
| 4 |
JP Morgan Chase
New York
|
-$232K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$58.8K |
UGA Hedge Fund Activity: Q1 2017 in Review
24 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in United States Gasoline Fund (UGA) for Q1 2017, worth a combined $4M — down 53% from $8.58M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of UGA and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 9 added.
The largest buyer was IFP Advisors, adding an estimated $151K. The largest seller was Mount Lucas Management, exiting entirely with an estimated $2.65M sold.
- 24 institutional investors held United States Gasoline Fund (UGA) as of Q1 2017, down from 26 in Q4 2016.
- Funds reported $4M of United States Gasoline Fund stock for Q1 2017, down 53% quarter-over-quarter.
- 3 funds opened new United States Gasoline Fund positions in Q1 2017 and 5 closed out, a net change of -2 holders.
- The largest United States Gasoline Fund buyer in Q1 2017 was IFP Advisors, an estimated $151K added.
- The largest United States Gasoline Fund seller in Q1 2017 was Mount Lucas Management, an estimated $2.65M sold.
Based on aggregated 13F filings for Q1 2017.