United States Gasoline Fund
UGA
43 hedge funds and large institutions have $45.2M invested in United States Gasoline Fund in 2026 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 11 closing their positions.
84% more call options, than puts
Call options by funds: $24.1M | Put options by funds: $13.1M
0.32% more ownership
Funds ownership: 41.45% → 41.77% (+0.32%)
14% less funds holding
Funds holding: 50 → 43 (-7)
22% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 18
24% less capital invested
Capital invested by funds: $59.9M → $45.2M (-$14.6M)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.19M |
| 2 |
WAM
WealthCare Asset Management
Springfield,
Missouri
|
+$4.85M |
| 3 |
Belvedere Trading
Chicago,
Illinois
|
+$946K |
| 4 |
BCI
Blue Capital Inc
Omaha,
Nebraska
|
+$785K |
| 5 |
EWA
Exit Wealth Advisors
Atlanta,
Georgia
|
+$765K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$8.25M |
| 2 |
Jane Street
New York
|
-$6.37M |
| 3 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$2.54M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$2.11M |
| 5 |
FFA
Farther Finance Advisors
San Francisco,
California
|
-$1.23M |
UGA Hedge Fund Activity: Q2 2026 in Review
43 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in United States Gasoline Fund (UGA) for Q2 2026, worth a combined $45.2M — down 24% from $59.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of UGA and 4 opened new positions — a net loss of 7 holders — while 18 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, adding an estimated $5.19M. The largest seller was Osaic Holdings, cutting an estimated $8.25M.
- 43 institutional investors held United States Gasoline Fund (UGA) as of Q2 2026, down from 50 in Q1 2026.
- Funds reported $45.2M of United States Gasoline Fund stock for Q2 2026, down 24% quarter-over-quarter.
- 4 funds opened new United States Gasoline Fund positions in Q2 2026 and 11 closed out, a net change of -7 holders.
- The largest United States Gasoline Fund buyer in Q2 2026 was Susquehanna International Group, an estimated $5.19M added.
- The largest United States Gasoline Fund seller in Q2 2026 was Osaic Holdings, an estimated $8.25M sold.
Based on aggregated 13F filings for Q2 2026.