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United States Natural Gas Fund

85 hedge funds and large institutions have $128M invested in United States Natural Gas Fund in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 28 increasing their positions, 15 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 15

75% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 12

12% more funds holding

Funds holding: 7685 (+9)

1.17% less ownership

Funds ownership: 2.59%1.42% (-1.2%)

22% less call options, than puts

Call options by funds: $65.8M | Put options by funds: $84.9M

43% less capital invested

Capital invested by funds: $225M → $128M (-$96.7M)

Holders
85
Holders Change
+9
Holders Change %
+11.84%
% of All Funds
2.23%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
28
Reduced
15
Closed
12
Calls
$65.8M
Puts
$84.9M
Net Calls
-$19.1M
Net Calls Change
-$8.75M
Name Holding Trade Value Shares
Change
Change in
Stake
HI
1
HBK Investments
Texas
$28.5M +$9.98M +66,148 +47%
Jane Street
2
Jane Street
New York
$13.4M +$14.5M +96,263 New
Goldman Sachs
3
Goldman Sachs
New York
$11.9M -$25.1M -166,012 -66%
Group One Trading
4
Group One Trading
Illinois
$6.73M +$7.32M +48,504 New
Bank of America
5
Bank of America
North Carolina
$6.67M +$4.82M +31,932 +198%
Morgan Stanley
6
Morgan Stanley
New York
$6.04M -$59.1M -391,846 -90%
HSA
7
Hussman Strategic Advisors
Maryland
$5.64M +$6.13M +40,625 New
Mirae Asset Global Investments
8
Mirae Asset Global Investments
South Korea
$4.93M +$445K +2,950 +9%
FNT
9
First National Trust
Pennsylvania
$4.75M +$2.34M +15,497 +83%
GJL
10
Gendell Jeffrey L
$4.57M +$4.72M +31,250 +1,818%
BNP Paribas Financial Markets
11
BNP Paribas Financial Markets
France
$4.34M +$3.35M +22,174 +244%
Citigroup
12
Citigroup
New York
$4.04M -$4.67M -30,916 -51%
VF
13
Virtu Financial
New York
$4.01M +$3.02M +20,040 +226%
GLI
14
Guardian Life Insurance
New York
$2.9M +$950K +6,294 +43%
BG
15
Bollard Group
Massachusetts
$2.56M -$1.37M -9,051 -33%
LPL Financial
16
LPL Financial
California
$2.28M +$1.38M +9,148 +124%
Parallax Volatility Advisers
17
Parallax Volatility Advisers
California
$2.24M +$1.82M +12,050 +294%
FTUS
18
Flow Traders U.S.
New York
$1.58M +$1.72M +11,411 New
CG
19
Cutler Group
California
$1.5M +$1.63M +10,803 New
JT
20
Jump Trading
Illinois
$877K +$954K +6,323 New
VKH
21
Virtu KCG Holdings
New York
$778K +$300K +1,989 +55%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$773K +$302K +1,998 +56%
UBS Group
23
UBS Group
Switzerland
$695K +$412K +2,728 +120%
Barclays
24
Barclays
United Kingdom
$634K -$551K -3,651 -42%
WS
25
Wedbush Securities
California
$596K +$340K +2,253 +110%

UNG Hedge Fund Activity: Q4 2015 in Review

85 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q4 2015, worth a combined $128M — down 43% from $225M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new UNG positions and 12 closed out — a net gain of 9 holders — while 28 added to existing stakes and 15 trimmed.

The largest buyer was Jane Street, opening a new position worth an estimated $14.5M. The largest seller was Morgan Stanley, cutting an estimated $59.1M.

  • 85 institutional investors held United States Natural Gas Fund (UNG) as of Q4 2015, up from 76 in Q3 2015.
  • Funds reported $128M of United States Natural Gas Fund stock for Q4 2015, down 43% quarter-over-quarter.
  • 21 funds opened new United States Natural Gas Fund positions in Q4 2015 and 12 closed out, a net change of +9 holders.
  • The largest United States Natural Gas Fund buyer in Q4 2015 was Jane Street, an estimated $14.5M added.
  • The largest United States Natural Gas Fund seller in Q4 2015 was Morgan Stanley, an estimated $59.1M sold.

Based on aggregated 13F filings for Q4 2015.