United States Natural Gas Fund
UNG
92 hedge funds and large institutions have $266M invested in United States Natural Gas Fund in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 27 increasing their positions, 25 reducing their positions, and 21 closing their positions.
34% more capital invested
Capital invested by funds: $198M → $266M (+$67.9M)
1.33% more ownership
Funds ownership: 2.17% → 3.49% (+1.3%)
8% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 25
4% less funds holding
Funds holding: 96 → 92 (-4)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
34% less call options, than puts
Call options by funds: $66.6M | Put options by funds: $101M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$61M |
| 2 |
Morgan Stanley
New York
|
+$26.8M |
| 3 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
+$23.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$19.7M |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$8.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$16.8M |
| 2 |
Twin Tree Management
Dallas,
Texas
|
-$10.4M |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$8.99M |
| 4 |
OTC
Opera Trading Capital
Paris,
France
|
-$7.31M |
| 5 |
Jane Street
New York
|
-$3.47M |
UNG Hedge Fund Activity: Q1 2017 in Review
92 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q1 2017, worth a combined $266M — up 34% from $198M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of UNG and 18 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 27 added.
The largest buyer was Goldman Sachs, adding an estimated $61M. The largest seller was Citigroup, cutting an estimated $16.8M.
- 92 institutional investors held United States Natural Gas Fund (UNG) as of Q1 2017, down from 96 in Q4 2016.
- Funds reported $266M of United States Natural Gas Fund stock for Q1 2017, up 34% quarter-over-quarter.
- 18 funds opened new United States Natural Gas Fund positions in Q1 2017 and 21 closed out, a net change of -3 holders.
- The largest United States Natural Gas Fund buyer in Q1 2017 was Goldman Sachs, an estimated $61M added.
- The largest United States Natural Gas Fund seller in Q1 2017 was Citigroup, an estimated $16.8M sold.
Based on aggregated 13F filings for Q1 2017.