United States Gasoline Fund
UGA
42 hedge funds and large institutions have $36.2M invested in United States Gasoline Fund in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 5 closing their positions.
1.75% more ownership
Funds ownership: 38.67% → 40.42% (+1.7%)
7% more call options, than puts
Call options by funds: $1.07M | Put options by funds: $995K
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
9% less funds holding
Funds holding: 46 → 42 (-4)
10% less capital invested
Capital invested by funds: $40.2M → $36.2M (-$3.95M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.78M |
| 2 |
EFI
EHP Funds Inc
Toronto,
Canada
|
+$1.27M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.01M |
| 4 |
LPL Financial
San Diego,
California
|
+$918K |
| 5 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$496K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
Ramiah Investment Group
Brookfield,
Wisconsin
|
-$5.37M |
| 2 |
MAM
Milestone Asset Management
Pittsburgh,
Pennsylvania
|
-$2.01M |
| 3 |
CWA
Capital Wealth Alliance
Scottsdale,
Arizona
|
-$968K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$541K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$521K |
UGA Hedge Fund Activity: Q1 2025 in Review
42 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in United States Gasoline Fund (UGA) for Q1 2025, worth a combined $36.2M — down 9.8% from $40.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of UGA and 3 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 14 added.
The largest buyer was Jane Street, adding an estimated $1.78M. The largest seller was Ramiah Investment Group, exiting entirely with an estimated $5.37M sold.
- 42 institutional investors held United States Gasoline Fund (UGA) as of Q1 2025, down from 46 in Q4 2024.
- Funds reported $36.2M of United States Gasoline Fund stock for Q1 2025, down 9.8% quarter-over-quarter.
- 3 funds opened new United States Gasoline Fund positions in Q1 2025 and 5 closed out, a net change of -2 holders.
- The largest United States Gasoline Fund buyer in Q1 2025 was Jane Street, an estimated $1.78M added.
- The largest United States Gasoline Fund seller in Q1 2025 was Ramiah Investment Group, an estimated $5.37M sold.
Based on aggregated 13F filings for Q1 2025.