United States Natural Gas Fund
UNG
72 hedge funds and large institutions have $374M invested in United States Natural Gas Fund in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 32 reducing their positions, and 20 closing their positions.
0.44% less ownership
Funds ownership: 3.37% → 2.92% (-0.44%)
12% less funds holding
Funds holding: 82 → 72 (-10)
13% less capital invested
Capital invested by funds: $429M → $374M (-$54.5M)
17% less call options, than puts
Call options by funds: $260M | Put options by funds: $312M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 20
56% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 32
Top Buyers
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$37.2M |
| 2 |
JP Morgan Chase
New York
|
+$17.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$15.8M |
| 4 |
Morgan Stanley
New York
|
+$8.56M |
| 5 |
Barclays
London,
United Kingdom
|
+$7.11M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$174M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.4M |
| 3 |
Citigroup
New York
|
-$11.8M |
| 4 |
SG Americas Securities
New York
|
-$7.02M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$4.47M |
UNG Hedge Fund Activity: Q1 2014 in Review
72 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q1 2014, worth a combined $374M — down 13% from $429M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of UNG and 10 opened new positions — a net loss of 10 holders — while 32 trimmed existing stakes and 14 added.
The largest buyer was Credit Suisse, adding an estimated $37.2M. The largest seller was Goldman Sachs, cutting an estimated $174M.
- 72 institutional investors held United States Natural Gas Fund (UNG) as of Q1 2014, down from 82 in Q4 2013.
- Funds reported $374M of United States Natural Gas Fund stock for Q1 2014, down 13% quarter-over-quarter.
- 10 funds opened new United States Natural Gas Fund positions in Q1 2014 and 20 closed out, a net change of -10 holders.
- The largest United States Natural Gas Fund buyer in Q1 2014 was Credit Suisse, an estimated $37.2M added.
- The largest United States Natural Gas Fund seller in Q1 2014 was Goldman Sachs, an estimated $174M sold.
Based on aggregated 13F filings for Q1 2014.