United States Natural Gas Fund
UNG
82 hedge funds and large institutions have $429M invested in United States Natural Gas Fund in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 22 increasing their positions, 23 reducing their positions, and 18 closing their positions.
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
3% more funds holding
Funds holding: 80 → 82 (+2)
0.22% more ownership
Funds ownership: 3.14% → 3.37% (+0.22%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $439M → $429M (-$10.3M)
4% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 23
34% less call options, than puts
Call options by funds: $333M | Put options by funds: $503M
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$18.8M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$11.1M |
| 3 |
SG Americas Securities
New York
|
+$11.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$9.44M |
| 5 |
Barclays
London,
United Kingdom
|
+$5.2M |
Top Sellers
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$29.5M |
| 2 |
SCM
Sandler Capital Management
New York
|
-$23.5M |
| 3 |
Citigroup
New York
|
-$14.6M |
| 4 |
CC
Chanos & Company
New York
|
-$14.3M |
| 5 |
VF
Virtu Financial
New York
|
-$9.87M |
UNG Hedge Fund Activity: Q4 2013 in Review
82 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q4 2013, worth a combined $429M — down 2.4% from $439M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new UNG positions and 18 closed out — a net gain of 3 holders — while 22 added to existing stakes and 23 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $18.8M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $29.5M.
- 82 institutional investors held United States Natural Gas Fund (UNG) as of Q4 2013, up from 80 in Q3 2013.
- Funds reported $429M of United States Natural Gas Fund stock for Q4 2013, down 2.4% quarter-over-quarter.
- 21 funds opened new United States Natural Gas Fund positions in Q4 2013 and 18 closed out, a net change of +3 holders.
- The largest United States Natural Gas Fund buyer in Q4 2013 was Morgan Stanley, an estimated $18.8M added.
- The largest United States Natural Gas Fund seller in Q4 2013 was BNP Paribas Financial Markets, an estimated $29.5M sold.
Based on aggregated 13F filings for Q4 2013.