United States Natural Gas Fund
UNG
75 hedge funds and large institutions have $379M invested in United States Natural Gas Fund in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 25 reducing their positions, and 17 closing their positions.
19% more capital invested
Capital invested by funds: $320M → $379M (+$59.2M)
5.86% more ownership
Funds ownership: 22.32% → 28.18% (+5.9%)
9% less funds holding
Funds holding: 82 → 75 (-7)
23% less call options, than puts
Call options by funds: $324M | Put options by funds: $423M
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
48% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Citigroup
New York
|
+$65.6M |
| 2 |
Goldman Sachs
New York
|
+$34.6M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$29.9M |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$666K |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$608K |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$40.4M |
| 2 |
Group One Trading
Chicago,
Illinois
|
-$17.7M |
| 3 |
JP Morgan Chase
New York
|
-$7.32M |
| 4 |
Jane Street
New York
|
-$4.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.83M |
UNG Hedge Fund Activity: Q2 2018 in Review
75 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q2 2018, worth a combined $379M — up 19% from $320M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of UNG and 10 opened new positions — a net loss of 7 holders — while 25 trimmed existing stakes and 13 added.
The largest buyer was Citigroup, adding an estimated $65.6M. The largest seller was Morgan Stanley, cutting an estimated $40.4M.
- 75 institutional investors held United States Natural Gas Fund (UNG) as of Q2 2018, down from 82 in Q1 2018.
- Funds reported $379M of United States Natural Gas Fund stock for Q2 2018, up 19% quarter-over-quarter.
- 10 funds opened new United States Natural Gas Fund positions in Q2 2018 and 17 closed out, a net change of -7 holders.
- The largest United States Natural Gas Fund buyer in Q2 2018 was Citigroup, an estimated $65.6M added.
- The largest United States Natural Gas Fund seller in Q2 2018 was Morgan Stanley, an estimated $40.4M sold.
Based on aggregated 13F filings for Q2 2018.