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United States Natural Gas Fund

72 hedge funds and large institutions have $164M invested in United States Natural Gas Fund in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 24 increasing their positions, 8 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 8

91% more capital invested

Capital invested by funds: $85.8M → $164M (+$78.3M)

62% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 13

13% more funds holding

Funds holding: 6472 (+8)

0.78% more ownership

Funds ownership: 8.62%9.4% (+0.78%)

36% less call options, than puts

Call options by funds: $233M | Put options by funds: $364M

Holders
72
Holders Change
+8
Holders Change %
+12.5%
% of All Funds
1.42%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
21
Increased
24
Reduced
8
Closed
13
Calls
$233M
Puts
$364M
Net Calls
-$131M
Net Calls Change
-$153M
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
1
Citadel Advisors
Florida
$32.9M +$26.7M +344,519 +240%
UBS Group
2
UBS Group
Switzerland
$27.3M +$27M +348,695 +619%
Morgan Stanley
3
Morgan Stanley
New York
$16.9M +$17.9M +231,257 +1,198%
CS
4
Credit Suisse
Switzerland
$13.6M +$10.8M +139,019 +224%
Jane Street
5
Jane Street
New York
$12.1M +$13.4M +172,524 +2,529%
Goldman Sachs
6
Goldman Sachs
New York
$11.4M +$55.3K +714 +0.4%
Citigroup
7
Citigroup
New York
$10.5M +$9.43M +121,661 +360%
Simplex Trading
8
Simplex Trading
Illinois
$8.86M +$10.2M +131,438 New
Group One Trading
9
Group One Trading
Illinois
$3.44M +$3.95M +50,990 New
SG Americas Securities
10
SG Americas Securities
New York
$3.22M +$2.89M +37,313 +359%
Parallax Volatility Advisers
11
Parallax Volatility Advisers
California
$2.88M -$112K -1,445 -3%
VF
12
Virtu Financial
New York
$2.56M +$2.4M +30,934 +441%
BNP Paribas Financial Markets
13
BNP Paribas Financial Markets
France
$2.51M +$2.04M +26,294 +240%
Bank of America
14
Bank of America
North Carolina
$1.74M +$1.97M +25,431 +7,245%
Mirae Asset Global Investments
15
Mirae Asset Global Investments
South Korea
$1.74M +$208K +2,680 +12%
Barclays
16
Barclays
United Kingdom
$1.71M -$8.29M -107,022 -81%
Wolverine Trading
17
Wolverine Trading
Illinois
$1.69M -$3.95M -50,960 -67%
LPL Financial
18
LPL Financial
California
$942K +$278K +3,585 +35%
TSS
19
Two Sigma Securities
New York
$809K +$930K +11,997 New
JT
20
Jump Trading
Illinois
$698K +$802K +10,354 New
MML Investors Services
21
MML Investors Services
Massachusetts
$641K +$165K +2,132 +29%
JP Morgan Chase
22
JP Morgan Chase
New York
$511K +$293K +3,784 +100%
Daiwa Securities Group
23
Daiwa Securities Group
Japan
$500K +$107K +1,375 +23%
Wells Fargo
24
Wells Fargo
California
$481K -$45.1K -582 -8%
KCM
25
Kempner Capital Management
Texas
$439K

UNG Hedge Fund Activity: Q4 2019 in Review

72 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q4 2019, worth a combined $164M — up 91% from $85.8M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new UNG positions and 13 closed out — a net gain of 8 holders — while 24 added to existing stakes and 8 trimmed.

The largest buyer was UBS Group, adding an estimated $27M. The largest seller was Commerzbank Aktiengesellschaft, exiting entirely with an estimated $11.5M sold.

  • 72 institutional investors held United States Natural Gas Fund (UNG) as of Q4 2019, up from 64 in Q3 2019.
  • Funds reported $164M of United States Natural Gas Fund stock for Q4 2019, up 91% quarter-over-quarter.
  • 21 funds opened new United States Natural Gas Fund positions in Q4 2019 and 13 closed out, a net change of +8 holders.
  • The largest United States Natural Gas Fund buyer in Q4 2019 was UBS Group, an estimated $27M added.
  • The largest United States Natural Gas Fund seller in Q4 2019 was Commerzbank Aktiengesellschaft, an estimated $11.5M sold.

Based on aggregated 13F filings for Q4 2019.