United States Natural Gas Fund
UNG
74 hedge funds and large institutions have $170M invested in United States Natural Gas Fund in 2015 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 26 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
30% more capital invested
Capital invested by funds: $130M → $170M (+$39.5M)
0.61% more ownership
Funds ownership: 1.24% → 1.85% (+0.61%)
11% less funds holding
Funds holding: 83 → 74 (-9)
25% less call options, than puts
Call options by funds: $84.9M | Put options by funds: $114M
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
+$47.7M |
| 2 |
Morgan Stanley
New York
|
+$46.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$8.22M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$3.48M |
| 5 |
Jane Street
New York
|
+$3.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$13.4M |
| 2 |
Goldman Sachs
New York
|
-$13.1M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$12.5M |
| 4 |
GP
GLG Partners
London,
United Kingdom
|
-$9.97M |
| 5 |
JP Morgan Chase
New York
|
-$7.68M |
UNG Hedge Fund Activity: Q1 2015 in Review
74 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q1 2015, worth a combined $170M — up 30% from $130M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of UNG and 18 opened new positions — a net loss of 8 holders — while 16 trimmed existing stakes and 23 added.
The largest buyer was HBK Investments, opening a new position worth an estimated $47.7M. The largest seller was Credit Suisse, cutting an estimated $13.4M.
- 74 institutional investors held United States Natural Gas Fund (UNG) as of Q1 2015, down from 83 in Q4 2014.
- Funds reported $170M of United States Natural Gas Fund stock for Q1 2015, up 30% quarter-over-quarter.
- 18 funds opened new United States Natural Gas Fund positions in Q1 2015 and 26 closed out, a net change of -8 holders.
- The largest United States Natural Gas Fund buyer in Q1 2015 was HBK Investments, an estimated $47.7M added.
- The largest United States Natural Gas Fund seller in Q1 2015 was Credit Suisse, an estimated $13.4M sold.
Based on aggregated 13F filings for Q1 2015.