United States Natural Gas Fund
UNG
71 hedge funds and large institutions have $127M invested in United States Natural Gas Fund in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 16 closing their positions.
0.08% more ownership
Funds ownership: 10.05% → 10.13% (+0.08%)
7% less call options, than puts
Call options by funds: $96.4M | Put options by funds: $104M
4% less funds holding
Funds holding: 74 → 71 (-3)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
24% less capital invested
Capital invested by funds: $167M → $127M (-$40.1M)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.76M |
| 2 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$5.73M |
| 3 |
Barclays
London,
United Kingdom
|
+$3.78M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$2.22M |
| 5 |
PWAC
Private Wealth Advisors (California)
Fresno,
California
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$30.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$20.6M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$7.77M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$5.37M |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
-$3.69M |
UNG Hedge Fund Activity: Q3 2020 in Review
71 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q3 2020, worth a combined $127M — down 24% from $167M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of UNG and 13 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 15 added.
The largest buyer was Credit Suisse, adding an estimated $5.76M. The largest seller was UBS Group, cutting an estimated $30.6M.
- 71 institutional investors held United States Natural Gas Fund (UNG) as of Q3 2020, down from 74 in Q2 2020.
- Funds reported $127M of United States Natural Gas Fund stock for Q3 2020, down 24% quarter-over-quarter.
- 13 funds opened new United States Natural Gas Fund positions in Q3 2020 and 16 closed out, a net change of -3 holders.
- The largest United States Natural Gas Fund buyer in Q3 2020 was Credit Suisse, an estimated $5.76M added.
- The largest United States Natural Gas Fund seller in Q3 2020 was UBS Group, an estimated $30.6M sold.
Based on aggregated 13F filings for Q3 2020.