We are live on ! Find out more
UNG icon

United States Natural Gas Fund
UNG

71 hedge funds and large institutions have $134M invested in United States Natural Gas Fund in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 13

13% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 15

0.67% more ownership

Funds ownership: 9.4% → 10.07% (+0.67%)

1% less funds holding

Funds holding: 72 → 71 (-1)

19% less capital invested

Capital invested by funds: $164M → $134M (-$30.5M)

67% less call options, than puts

Call options by funds: $84.2M | Put options by funds: $256M

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
71
Holders Change
-1
Holders Change %
-1.39%
% of All Funds
1.56%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
17
Increased
16
Reduced
13
Closed
15
Calls
$84.2M
Puts
$256M
Net Calls
-$172M
Net Calls Change
-$40.9M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$31.1M
2
Wolverine Trading
Wolverine Trading
Illinois
+$7.96M
3
UBS Group
UBS Group
Switzerland
+$7.05M
4
Jane Street
Jane Street
New York
+$3.12M
5
Barclays
Barclays
United Kingdom
+$2.92M

Top Sellers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
-$16.7M
2
Morgan Stanley
Morgan Stanley
New York
-$6.79M
3
CS
Credit Suisse
Switzerland
-$6.18M
4
Simplex Trading
Simplex Trading
Illinois
-$4.09M
5
Citigroup
Citigroup
New York
-$3.79M
Name Holding Trade Value Shares
Change 		Change in
Stake
KCM
26
Kempner Capital Management
Texas
$327K – – –
MML Investors Services
27
MML Investors Services
Massachusetts
$249K -$263K -4,531 -48%
Deutsche Bank
28
Deutsche Bank
Germany
$244K +$282K +4,851 New
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$240K +$27.6K +475 +11%
CAN
30
Claraphi Advisory Network
United States
$236K +$273K +4,695 New
Osaic Holdings
31
Osaic Holdings
Arizona
$163K +$188K +3,241 New
PWPS
32
Pinnacle Wealth Planning Services
Ohio
$159K +$185K +3,185 New
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$154K -$180K -3,092 -50%
FHA
34
Flagship Harbor Advisors
Massachusetts
$144K +$58 +1 +0%
TSS
35
Two Sigma Securities
New York
$139K -$536K -9,232 -77%
SC
36
Scotia Capital
Ontario, Canada
$126K – – –
USGIU
37
U.S. Global Investors (USGI)
Texas
$44K +$50.8K +875 New
TRCT
38
Tower Research Capital (TRC)
New York
$28K +$31.9K +550 New
PNC Financial Services Group
39
PNC Financial Services Group
Pennsylvania
$25K – – –
CFGS
40
Concourse Financial Group Securities
Alabama
$25K +$2.73K +47 +10%
KPW
41
Kore Private Wealth
New York
$19K +$21.4K +369 New
CMBA
42
C.M. Bidwell & Associates
Hawaii
$13K +$15.4K +265 New
SFSIG
43
San Francisco Sentry Investment Group
California
$11K -$6.27K -108 -32%
CWP
44
CFM Wealth Partners
Texas
$10K – – –
ASN
45
Advisory Services Network
Georgia
$9K – – –
MCM
46
Manchester Capital Management
Vermont
$8K +$9.06K +156 New
FDCDDQ
47
Federation des caisses Desjardins du Quebec
Quebec, Canada
$4.44K – – –
AIC
48
Ameritas Investment Company
Nebraska
$4K +$4.53K +78 New
FFC
49
First Financial Corp
Indiana
$2K – – –
LF
50
Lee Financial
Texas
$2K – – –
1
2
3 4

UNG Hedge Fund Activity: Q1 2020 in Review

71 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q1 2020, worth a combined $134M — down 19% from $164M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new UNG positions and 15 closed out — a net gain of 2 holders — while 16 added to existing stakes and 13 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $31.1M. The largest seller was Citadel Advisors, cutting an estimated $16.7M.

  • 71 institutional investors held United States Natural Gas Fund (UNG) as of Q1 2020, down from 72 in Q4 2019.
  • Funds reported $134M of United States Natural Gas Fund stock for Q1 2020, down 19% quarter-over-quarter.
  • 17 funds opened new United States Natural Gas Fund positions in Q1 2020 and 15 closed out, a net change of +2 holders.
  • The largest United States Natural Gas Fund buyer in Q1 2020 was Susquehanna International Group, an estimated $31.1M added.
  • The largest United States Natural Gas Fund seller in Q1 2020 was Citadel Advisors, an estimated $16.7M sold.

Based on aggregated 13F filings for Q1 2020.