United States Natural Gas Fund
UNG
94 hedge funds and large institutions have $137M invested in United States Natural Gas Fund in 2022 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 24 closing their positions.
56% more call options, than puts
Call options by funds: $173M | Put options by funds: $111M
29% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 24
7% more funds holding
Funds holding: 88 → 94 (+6)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
1.23% less ownership
Funds ownership: 9.65% → 8.42% (-1.2%)
25% less capital invested
Capital invested by funds: $182M → $137M (-$44.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$33.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$17.6M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$6.54M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$6.54M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
+$6.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Valiant Capital Management
San Francisco,
California
|
-$12.9M |
| 2 |
CS
Clear Street
New York
|
-$11.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$10.6M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$5.92M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$4.22M |
UNG Hedge Fund Activity: Q4 2022 in Review
94 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q4 2022, worth a combined $137M — down 25% from $182M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new UNG positions and 24 closed out — a net gain of 7 holders — while 20 added to existing stakes and 21 trimmed.
The largest buyer was Jane Street, adding an estimated $33.8M. The largest seller was Valiant Capital Management, exiting entirely with an estimated $12.9M sold.
- 94 institutional investors held United States Natural Gas Fund (UNG) as of Q4 2022, up from 88 in Q3 2022.
- Funds reported $137M of United States Natural Gas Fund stock for Q4 2022, down 25% quarter-over-quarter.
- 31 funds opened new United States Natural Gas Fund positions in Q4 2022 and 24 closed out, a net change of +7 holders.
- The largest United States Natural Gas Fund buyer in Q4 2022 was Jane Street, an estimated $33.8M added.
- The largest United States Natural Gas Fund seller in Q4 2022 was Valiant Capital Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2022.