United States Gasoline Fund
UGA
32 hedge funds and large institutions have $17.5M invested in United States Gasoline Fund in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 17 reducing their positions, and 11 closing their positions.
301% more call options, than puts
Call options by funds: $22.9M | Put options by funds: $5.71M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.68% less ownership
Funds ownership: 34.19% → 24.52% (-9.7%)
18% less funds holding
Funds holding: 39 → 32 (-7)
41% less capital invested
Capital invested by funds: $29.7M → $17.5M (-$12.2M)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
82% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$795K |
| 2 |
PFA
Pettinga Financial Advisors
Evansville,
Indiana
|
+$571K |
| 3 |
LPL Financial
San Diego,
California
|
+$439K |
| 4 |
CCG
Capital CS Group
Irvine,
California
|
+$236K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.99M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.96M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.82M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.4M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$981K |
UGA Hedge Fund Activity: Q1 2023 in Review
32 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in United States Gasoline Fund (UGA) for Q1 2023, worth a combined $17.5M — down 41% from $29.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of UGA and 4 opened new positions — a net loss of 7 holders — while 17 trimmed existing stakes and 3 added.
The largest buyer was Citadel Advisors, adding an estimated $795K. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $1.99M sold.
- 32 institutional investors held United States Gasoline Fund (UGA) as of Q1 2023, down from 39 in Q4 2022.
- Funds reported $17.5M of United States Gasoline Fund stock for Q1 2023, down 41% quarter-over-quarter.
- 4 funds opened new United States Gasoline Fund positions in Q1 2023 and 11 closed out, a net change of -7 holders.
- The largest United States Gasoline Fund buyer in Q1 2023 was Citadel Advisors, an estimated $795K added.
- The largest United States Gasoline Fund seller in Q1 2023 was Envestnet Asset Management, an estimated $1.99M sold.
Based on aggregated 13F filings for Q1 2023.