United States Gasoline Fund
UGA
50 hedge funds and large institutions have $59.9M invested in United States Gasoline Fund in 2026 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
128% more capital invested
Capital invested by funds: $26.2M → $59.9M (+$33.6M)
26% more call options, than puts
Call options by funds: $17M | Put options by funds: $13.5M
22% more funds holding
Funds holding: 41 → 50 (+9)
7.57% more ownership
Funds ownership: 33.88% → 41.45% (+7.6%)
32% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$7.25M |
| 2 |
Jane Street
New York
|
+$4.13M |
| 3 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$1.89M |
| 4 |
LPL Financial
San Diego,
California
|
+$955K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$591K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.68M |
| 2 |
BCI
Blue Capital Inc
Omaha,
Nebraska
|
-$1.2M |
| 3 |
EWA
Exit Wealth Advisors
Atlanta,
Georgia
|
-$883K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$745K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$377K |
UGA Hedge Fund Activity: Q1 2026 in Review
50 of the 8,186 institutional investors tracked by Wall St. Rank reported a position in United States Gasoline Fund (UGA) for Q1 2026, worth a combined $59.9M — up 128% from $26.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new UGA positions and 2 closed out — a net gain of 10 holders — while 13 added to existing stakes and 19 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $7.25M. The largest seller was Susquehanna International Group, cutting an estimated $1.68M.
- 50 institutional investors held United States Gasoline Fund (UGA) as of Q1 2026, up from 41 in Q4 2025.
- Funds reported $59.9M of United States Gasoline Fund stock for Q1 2026, up 128% quarter-over-quarter.
- 12 funds opened new United States Gasoline Fund positions in Q1 2026 and 2 closed out, a net change of +10 holders.
- The largest United States Gasoline Fund buyer in Q1 2026 was Osaic Holdings, an estimated $7.25M added.
- The largest United States Gasoline Fund seller in Q1 2026 was Susquehanna International Group, an estimated $1.68M sold.
Based on aggregated 13F filings for Q1 2026.