United States Natural Gas Fund
UNG
81 hedge funds and large institutions have $200M invested in United States Natural Gas Fund in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 14 closing their positions.
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
3% more funds holding
Funds holding: 79 → 81 (+2)
1.9% less ownership
Funds ownership: 3.55% → 1.65% (-1.9%)
17% less call options, than puts
Call options by funds: $166M | Put options by funds: $200M
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
50% less capital invested
Capital invested by funds: $399M → $200M (-$199M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FNYS
First New York Securities
New York
|
+$4.12M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.63M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$1.41M |
| 4 |
QA
Quintium Advisors
Knoxville,
Tennessee
|
+$1.33M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$49.5M |
| 2 |
Morgan Stanley
New York
|
-$23.5M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$21.1M |
| 4 |
Goldman Sachs
New York
|
-$17.1M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$13.5M |
UNG Hedge Fund Activity: Q3 2014 in Review
81 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q3 2014, worth a combined $200M — down 50% from $399M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new UNG positions and 14 closed out — a net gain of 2 holders — while 18 added to existing stakes and 22 trimmed.
The largest buyer was First New York Securities, opening a new position worth an estimated $4.12M. The largest seller was Citigroup, cutting an estimated $49.5M.
- 81 institutional investors held United States Natural Gas Fund (UNG) as of Q3 2014, up from 79 in Q2 2014.
- Funds reported $200M of United States Natural Gas Fund stock for Q3 2014, down 50% quarter-over-quarter.
- 16 funds opened new United States Natural Gas Fund positions in Q3 2014 and 14 closed out, a net change of +2 holders.
- The largest United States Natural Gas Fund buyer in Q3 2014 was First New York Securities, an estimated $4.12M added.
- The largest United States Natural Gas Fund seller in Q3 2014 was Citigroup, an estimated $49.5M sold.
Based on aggregated 13F filings for Q3 2014.