United States 12 Month Natural Gas Fund
15 hedge funds and large institutions have $1.43M invested in United States 12 Month Natural Gas Fund in 2026 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 0 reducing their positions, and 5 closing their positions.
792% more call options, than puts
Call options by funds: $580K | Put options by funds: $65K
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
35% more capital invested
Capital invested by funds: $1.06M → $1.43M (+$369K)
15% more funds holding
Funds holding: 13 → 15 (+2)
3.1% more ownership
Funds ownership: 6.84% → 9.93% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$720K |
| 2 |
Jane Street
New York
|
+$212K |
| 3 |
SG
StoneX Group
New York
|
+$151K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$44.5K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$12.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$527K |
| 2 |
Belvedere Trading
Chicago,
Illinois
|
-$104K |
| 3 |
HF
HRT Financial
New York
|
-$84K |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$31.7K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$117 |
UNL Hedge Fund Activity: Q2 2026 in Review
15 of the 8,320 institutional investors tracked by Wall St. Rank reported a position in United States 12 Month Natural Gas Fund (UNL) for Q2 2026, worth a combined $1.43M — up 35% from $1.06M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new UNL positions and 5 closed out — a net gain of 2 holders — while 3 added to existing stakes and 0 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $720K. The largest seller was Boston Partners, exiting entirely with an estimated $527K sold.
- 15 institutional investors held United States 12 Month Natural Gas Fund (UNL) as of Q2 2026, up from 13 in Q1 2026.
- Funds reported $1.43M of United States 12 Month Natural Gas Fund stock for Q2 2026, up 35% quarter-over-quarter.
- 7 funds opened new United States 12 Month Natural Gas Fund positions in Q2 2026 and 5 closed out, a net change of +2 holders.
- The largest United States 12 Month Natural Gas Fund buyer in Q2 2026 was Susquehanna International Group, an estimated $720K added.
- The largest United States 12 Month Natural Gas Fund seller in Q2 2026 was Boston Partners, an estimated $527K sold.
Based on aggregated 13F filings for Q2 2026.