United States Natural Gas Fund
UNG
159 hedge funds and large institutions have $331M invested in United States Natural Gas Fund in 2023 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 48 increasing their positions, 11 reducing their positions, and 13 closing their positions.
500% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 13
336% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 11
141% more capital invested
Capital invested by funds: $137M → $331M (+$193M)
69% more funds holding
Funds holding: 94 → 159 (+65)
0.81% less ownership
Funds ownership: 8.42% → 7.61% (-0.81%)
19% less call options, than puts
Call options by funds: $174M | Put options by funds: $215M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$108M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$45.1M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$35.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$17.5M |
| 5 |
Morgan Stanley
New York
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.61M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$1.09M |
| 3 |
JF
Jump Financial
Chicago,
Illinois
|
-$439K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$349K |
| 5 |
OBWG
Onyx Bridge Wealth Group
Tarrytown,
New York
|
-$322K |
UNG Hedge Fund Activity: Q1 2023 in Review
159 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q1 2023, worth a combined $331M — up 141% from $137M a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new UNG positions and 13 closed out — a net gain of 65 holders — while 48 added to existing stakes and 11 trimmed.
The largest buyer was Jane Street, adding an estimated $108M. The largest seller was Goldman Sachs, cutting an estimated $3.61M.
- 159 institutional investors held United States Natural Gas Fund (UNG) as of Q1 2023, up from 94 in Q4 2022.
- Funds reported $331M of United States Natural Gas Fund stock for Q1 2023, up 141% quarter-over-quarter.
- 78 funds opened new United States Natural Gas Fund positions in Q1 2023 and 13 closed out, a net change of +65 holders.
- The largest United States Natural Gas Fund buyer in Q1 2023 was Jane Street, an estimated $108M added.
- The largest United States Natural Gas Fund seller in Q1 2023 was Goldman Sachs, an estimated $3.61M sold.
Based on aggregated 13F filings for Q1 2023.