United States Gasoline Fund
UGA
40 hedge funds and large institutions have $41M invested in United States Gasoline Fund in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 7 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
14% more call options, than puts
Call options by funds: $2.14M | Put options by funds: $1.88M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.33% less ownership
Funds ownership: 46.81% → 42.48% (-4.3%)
5% less funds holding
Funds holding: 42 → 40 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
16% less capital invested
Capital invested by funds: $49M → $41M (-$8.04M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.37M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$938K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$683K |
| 4 |
MAM
Milestone Asset Management
Pittsburgh,
Pennsylvania
|
+$682K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$630K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.9M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.04M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$684K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$465K |
| 5 |
LPL Financial
San Diego,
California
|
-$420K |
UGA Hedge Fund Activity: Q3 2024 in Review
40 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in United States Gasoline Fund (UGA) for Q3 2024, worth a combined $41M — down 16% from $49M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of UGA and 6 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 18 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $1.37M. The largest seller was Jane Street, cutting an estimated $4.9M.
- 40 institutional investors held United States Gasoline Fund (UGA) as of Q3 2024, down from 42 in Q2 2024.
- Funds reported $41M of United States Gasoline Fund stock for Q3 2024, down 16% quarter-over-quarter.
- 6 funds opened new United States Gasoline Fund positions in Q3 2024 and 7 closed out, a net change of -1 holder.
- The largest United States Gasoline Fund buyer in Q3 2024 was Commonwealth Equity Services, an estimated $1.37M added.
- The largest United States Gasoline Fund seller in Q3 2024 was Jane Street, an estimated $4.9M sold.
Based on aggregated 13F filings for Q3 2024.