United States Natural Gas Fund
UNG
96 hedge funds and large institutions have $67.6M invested in United States Natural Gas Fund in 2026 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 20 closing their positions.
108% more call options, than puts
Call options by funds: $140M | Put options by funds: $67.1M
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
17% more capital invested
Capital invested by funds: $57.9M → $67.6M (+$9.63M)
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
5.91% more ownership
Funds ownership: 9.23% → 15.15% (+5.9%)
0% more funds holding
Funds holding: 96 → 96 (0)
Top Buyers
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
+$10.6M |
| 2 |
Goldman Sachs
New York
|
+$8.38M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.79M |
| 4 |
VF
Virtu Financial
New York
|
+$2.54M |
| 5 |
JFG
Jefferies Financial Group
New York
|
+$2.47M |
Top Sellers
| 1 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$6.45M |
| 2 |
Morgan Stanley
New York
|
-$5.68M |
| 3 |
Jane Street
New York
|
-$5.37M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$1.61M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$978K |
UNG Hedge Fund Activity: Q1 2026 in Review
96 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in United States Natural Gas Fund (UNG) for Q1 2026, worth a combined $67.6M — up 17% from $57.9M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new UNG positions and 20 closed out — a net gain of 2 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Jump Financial, opening a new position worth an estimated $10.6M. The largest seller was Arkadios Wealth Advisors, exiting entirely with an estimated $6.45M sold.
- 96 institutional investors held United States Natural Gas Fund (UNG) as of Q1 2026, unchanged from Q4 2025.
- Funds reported $67.6M of United States Natural Gas Fund stock for Q1 2026, up 17% quarter-over-quarter.
- 22 funds opened new United States Natural Gas Fund positions in Q1 2026 and 20 closed out, a net change of +2 holders.
- The largest United States Natural Gas Fund buyer in Q1 2026 was Jump Financial, an estimated $10.6M added.
- The largest United States Natural Gas Fund seller in Q1 2026 was Arkadios Wealth Advisors, an estimated $6.45M sold.
Based on aggregated 13F filings for Q1 2026.