United States Natural Gas Fund
UNG
103 hedge funds and large institutions have $87.5M invested in United States Natural Gas Fund in 2024 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 19 increasing their positions, 31 reducing their positions, and 22 closing their positions.
18% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 22
14% more call options, than puts
Call options by funds: $174M | Put options by funds: $152M
1.13% more ownership
Funds ownership: 12.04% → 13.17% (+1.1%)
1% more funds holding
Funds holding: 102 → 103 (+1)
5% less capital invested
Capital invested by funds: $92.3M → $87.5M (-$4.8M)
39% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lonestar Capital Management
San Francisco,
California
|
+$8.59M |
| 2 |
Goldman Sachs
New York
|
+$4.29M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3.98M |
| 4 |
MTIM
Marathon Trading Investment Management
Radnor,
Pennsylvania
|
+$1.83M |
| 5 |
JCA
Jade Capital Advisors
Essex Fells,
New Jersey
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$8.49M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$5.67M |
| 3 |
Jane Street
New York
|
-$4.16M |
| 4 |
BFA
BBJS Financial Advisors
Seattle,
Washington
|
-$3.53M |
| 5 |
SCM
Shah Capital Management
Raleigh,
North Carolina
|
-$3.12M |
UNG Hedge Fund Activity: Q2 2024 in Review
103 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q2 2024, worth a combined $87.5M — down 5.2% from $92.3M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new UNG positions and 22 closed out — a net gain of 4 holders — while 19 added to existing stakes and 31 trimmed.
The largest buyer was Lonestar Capital Management, opening a new position worth an estimated $8.59M. The largest seller was Flow Traders U.S., cutting an estimated $8.49M.
- 103 institutional investors held United States Natural Gas Fund (UNG) as of Q2 2024, up from 102 in Q1 2024.
- Funds reported $87.5M of United States Natural Gas Fund stock for Q2 2024, down 5.2% quarter-over-quarter.
- 26 funds opened new United States Natural Gas Fund positions in Q2 2024 and 22 closed out, a net change of +4 holders.
- The largest United States Natural Gas Fund buyer in Q2 2024 was Lonestar Capital Management, an estimated $8.59M added.
- The largest United States Natural Gas Fund seller in Q2 2024 was Flow Traders U.S., an estimated $8.49M sold.
Based on aggregated 13F filings for Q2 2024.