United States Natural Gas Fund
UNG
68 hedge funds and large institutions have $218M invested in United States Natural Gas Fund in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 27 reducing their positions, and 17 closing their positions.
3% less call options, than puts
Call options by funds: $444M | Put options by funds: $459M
7% less funds holding
Funds holding: 73 → 68 (-5)
17.09% less ownership
Funds ownership: 33.83% → 16.74% (-17%)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
50% less capital invested
Capital invested by funds: $438M → $218M (-$220M)
59% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$28.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$13.2M |
| 3 |
HT
HAP Trading
New York
|
+$9.53M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.87M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$123M |
| 2 |
Goldman Sachs
New York
|
-$93.6M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$91M |
| 4 |
JP Morgan Chase
New York
|
-$6.12M |
| 5 |
OTC
Opera Trading Capital
Paris,
France
|
-$4.5M |
UNG Hedge Fund Activity: Q4 2018 in Review
68 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q4 2018, worth a combined $218M — down 50% from $438M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of UNG and 13 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 11 added.
The largest buyer was Jane Street, adding an estimated $28.8M. The largest seller was Citigroup, cutting an estimated $123M.
- 68 institutional investors held United States Natural Gas Fund (UNG) as of Q4 2018, down from 73 in Q3 2018.
- Funds reported $218M of United States Natural Gas Fund stock for Q4 2018, down 50% quarter-over-quarter.
- 13 funds opened new United States Natural Gas Fund positions in Q4 2018 and 17 closed out, a net change of -4 holders.
- The largest United States Natural Gas Fund buyer in Q4 2018 was Jane Street, an estimated $28.8M added.
- The largest United States Natural Gas Fund seller in Q4 2018 was Citigroup, an estimated $123M sold.
Based on aggregated 13F filings for Q4 2018.