United States Natural Gas Fund
UNG
73 hedge funds and large institutions have $438M invested in United States Natural Gas Fund in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 12 closing their positions.
16% more capital invested
Capital invested by funds: $379M → $438M (+$58.9M)
5.65% more ownership
Funds ownership: 28.18% → 33.83% (+5.6%)
2% less call options, than puts
Call options by funds: $341M | Put options by funds: $348M
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
3% less funds holding
Funds holding: 75 → 73 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$25.4M |
| 2 |
Citigroup
New York
|
+$19.9M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$11.6M |
| 4 |
JP Morgan Chase
New York
|
+$5.87M |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
+$2.24M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$11.7M |
| 2 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$4.95M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.17M |
| 4 |
PL
Polianta Ltd
St Helier,
Jersey
|
-$3.3M |
| 5 |
VF
Virtu Financial
New York
|
-$1.57M |
UNG Hedge Fund Activity: Q3 2018 in Review
73 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q3 2018, worth a combined $438M — up 16% from $379M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of UNG and 10 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 18 added.
The largest buyer was Wolverine Trading, adding an estimated $25.4M. The largest seller was Goldman Sachs, cutting an estimated $11.7M.
- 73 institutional investors held United States Natural Gas Fund (UNG) as of Q3 2018, down from 75 in Q2 2018.
- Funds reported $438M of United States Natural Gas Fund stock for Q3 2018, up 16% quarter-over-quarter.
- 10 funds opened new United States Natural Gas Fund positions in Q3 2018 and 12 closed out, a net change of -2 holders.
- The largest United States Natural Gas Fund buyer in Q3 2018 was Wolverine Trading, an estimated $25.4M added.
- The largest United States Natural Gas Fund seller in Q3 2018 was Goldman Sachs, an estimated $11.7M sold.
Based on aggregated 13F filings for Q3 2018.