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United States Natural Gas Fund

98 hedge funds and large institutions have $346M invested in United States Natural Gas Fund in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 24 increasing their positions, 24 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 10

10% more funds holding

Funds holding: 8998 (+9)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 24

0.7% less ownership

Funds ownership: 5.08%4.38% (-0.7%)

8% less capital invested

Capital invested by funds: $375M → $346M (-$28.7M)

21% less call options, than puts

Call options by funds: $181M | Put options by funds: $229M

Holders
98
Holders Change
+9
Holders Change %
+10.11%
% of All Funds
2.44%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
21
Increased
24
Reduced
24
Closed
10
Calls
$181M
Puts
$229M
Net Calls
-$47.9M
Net Calls Change
-$22.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$47.4M -$22.8M -215,766 -32%
Morgan Stanley
2
Morgan Stanley
New York
$44.8M -$9.79M -92,787 -18%
Citigroup
3
Citigroup
New York
$32.5M -$63.3M -600,208 -66%
CA
4
Commerzbank Aktiengesellschaft
Germany
$22.5M +$15.6M +147,871 +225%
NSLI
5
Nan Shan Life Insurance
Taiwan
$19.7M +$19.8M +187,500 New
JP Morgan Chase
6
JP Morgan Chase
New York
$18.7M +$15.6M +148,356 +499%
BNP Paribas Financial Markets
7
BNP Paribas Financial Markets
France
$18.6M -$24M -227,814 -56%
UBS Group
8
UBS Group
Switzerland
$15.7M +$13.5M +127,760 +589%
AP
9
Antipodes Partners
Australia
$15M +$5.04M +47,833 +51%
FNT
10
First National Trust
Pennsylvania
$14.1M +$989K +9,375 +7%
PL
11
Polianta Ltd
Jersey
$12.1M +$12.2M +115,406 New
Bank of America
12
Bank of America
North Carolina
$10.4M +$3.26M +30,911 +45%
SG Americas Securities
13
SG Americas Securities
New York
$8.12M +$1.54M +14,635 +23%
CG
14
Cutler Group
California
$6.81M +$6.83M +64,778 New
Citadel Advisors
15
Citadel Advisors
Florida
$6.61M +$5.94M +56,365 +870%
Group One Trading
16
Group One Trading
Illinois
$6.21M -$909K -8,623 -13%
Mirae Asset Global Investments
17
Mirae Asset Global Investments
South Korea
$5.48M +$111K +1,056 +2%
OTC
18
Opera Trading Capital
France
$5.1M
CI
19
Cowen Inc
New York
$3.77M +$3.79M +35,888 New
Barclays
20
Barclays
United Kingdom
$3.29M -$1.68M -15,973 -34%
Wells Fargo
21
Wells Fargo
California
$3.13M +$525K +4,973 +20%
Jane Street
22
Jane Street
New York
$2.93M +$2.32M +22,023 +375%
Parallax Volatility Advisers
23
Parallax Volatility Advisers
California
$2.6M +$2.07M +19,670 +387%
CA
24
Cetera Advisors
Colorado
$1.68M +$49.3K +467 +3%
HighTower Advisors
25
HighTower Advisors
Illinois
$1.56M +$1.57M +14,840 New

UNG Hedge Fund Activity: Q3 2017 in Review

98 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q3 2017, worth a combined $346M — down 7.7% from $375M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new UNG positions and 10 closed out — a net gain of 11 holders — while 24 added to existing stakes and 24 trimmed.

The largest buyer was Nan Shan Life Insurance, opening a new position worth an estimated $19.8M. The largest seller was Citigroup, cutting an estimated $63.3M.

  • 98 institutional investors held United States Natural Gas Fund (UNG) as of Q3 2017, up from 89 in Q2 2017.
  • Funds reported $346M of United States Natural Gas Fund stock for Q3 2017, down 7.7% quarter-over-quarter.
  • 21 funds opened new United States Natural Gas Fund positions in Q3 2017 and 10 closed out, a net change of +11 holders.
  • The largest United States Natural Gas Fund buyer in Q3 2017 was Nan Shan Life Insurance, an estimated $19.8M added.
  • The largest United States Natural Gas Fund seller in Q3 2017 was Citigroup, an estimated $63.3M sold.

Based on aggregated 13F filings for Q3 2017.