United States Natural Gas Fund
UNG
102 hedge funds and large institutions have $92.2M invested in United States Natural Gas Fund in 2024 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 35 reducing their positions, and 68 closing their positions.
23% more call options, than puts
Call options by funds: $118M | Put options by funds: $96.2M
8.88% more ownership
Funds ownership: 3.17% → 12.04% (+8.9%)
0% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 35
28% less capital invested
Capital invested by funds: $127M → $92.2M (-$35.1M)
32% less funds holding
Funds holding: 150 → 102 (-48)
69% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$5.51M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$4.94M |
| 3 |
SCM
Shah Capital Management
Raleigh,
North Carolina
|
+$3.9M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$3.83M |
| 5 |
Jane Street
New York
|
+$3.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$12.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.62M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$2.88M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.9M |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
-$1.78M |
UNG Hedge Fund Activity: Q1 2024 in Review
102 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q1 2024, worth a combined $92.2M — down 28% from $127M a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of UNG and 21 opened new positions — a net loss of 47 holders — while 35 trimmed existing stakes and 35 added.
The largest buyer was IMC Chicago, adding an estimated $5.51M. The largest seller was Morgan Stanley, cutting an estimated $12.6M.
- 102 institutional investors held United States Natural Gas Fund (UNG) as of Q1 2024, down from 150 in Q4 2023.
- Funds reported $92.2M of United States Natural Gas Fund stock for Q1 2024, down 28% quarter-over-quarter.
- 21 funds opened new United States Natural Gas Fund positions in Q1 2024 and 68 closed out, a net change of -47 holders.
- The largest United States Natural Gas Fund buyer in Q1 2024 was IMC Chicago, an estimated $5.51M added.
- The largest United States Natural Gas Fund seller in Q1 2024 was Morgan Stanley, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2024.