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United States Natural Gas Fund, LP

UNG
Exchange
NYSE
Industry
Commodity Contracts Brokers & Dealers
SEC CIK
0001376227

No open-market purchases or sales by United States Natural Gas Fund, LP insiders were filed in the last 90 days; 91 institutions reported holding it in 13F filings for Q2 2026, worth $57.8M in total; no superinvestor holds it.

13F holders, Q4 2023

Institutional positions in United States Natural Gas Fund, LP as of Dec 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
152
−9 vs. Q3 2023
Shares held
22.7M
−11.8M (−34.1%) vs. Q3 2023
Total value
$115.3M
−$120.1M (−51.0%) vs. Q3 2023
New holders
30
48 more added
Sold out
39
49 more reduced

3 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting UNG on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2023: 152 institutions
Q1 2021: 70 institutionsQ2 2021: 64 institutionsQ3 2021: 69 institutionsQ4 2021: 79 institutionsQ1 2022: 77 institutionsQ2 2022: 99 institutionsQ3 2022: 90 institutionsQ4 2022: 96 institutionsQ1 2023: 162 institutionsQ2 2023: 167 institutionsQ3 2023: 164 institutionsQ4 2023: 152 institutionsQ1 2024: 100 institutionsQ2 2024: 103 institutionsQ3 2024: 103 institutionsQ4 2024: 87 institutionsQ1 2025: 78 institutionsQ2 2025: 81 institutionsQ3 2025: 92 institutionsQ4 2025: 97 institutionsQ1 2026: 97 institutionsQ2 2026: 91 institutions
Value heldQ4 2023: $115.3M
Q1 2021: $90.4MQ2 2021: $89.5MQ3 2021: $151.7MQ4 2021: $93.1MQ1 2022: $151.0MQ2 2022: $133.1MQ3 2022: $181.8MQ4 2022: $137.3MQ1 2023: $331.0MQ2 2023: $274.9MQ3 2023: $236.4MQ4 2023: $115.3MQ1 2024: $90.9MQ2 2024: $87.5MQ3 2024: $132.2MQ4 2024: $102.4MQ1 2025: $168.3MQ2 2025: $68.3MQ3 2025: $95.8MQ4 2025: $57.9MQ1 2026: $67.6MQ2 2026: $57.8M
Institutions holding UNG and their total value by quarter
QuarterHoldersValue
Q2 202691$57.8M
Q1 202697$67.6M
Q4 202597$57.9M
Q3 202592$95.8M
Q2 202581$68.3M
Q1 202578$168.3M
Q4 202487$102.4M
Q3 2024103$132.2M
Q2 2024103$87.5M
Q1 2024100$90.9M
Q4 2023152$115.3M
Q3 2023164$236.4M
Q2 2023167$274.9M
Q1 2023162$331.0M
Q4 202296$137.3M
Q3 202290$181.8M
Q2 202299$133.1M
Q1 202277$151.0M
Q4 202179$93.1M
Q3 202169$151.7M
Q2 202164$89.5M
Q1 202170$90.4M

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding United States Natural Gas Fund, LP; share changes are against Q3 2023.

Institutions holding UNG in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Jane Street Group, LLC2,361,388$12.0M0.01%−10,237,284−81.3%Reduced
Susquehanna International Group, LLP2,112,112$10.7M0.02%+923,959+77.8%Added
Morgan Stanley2,083,628$10.6M0.00%+335,816+19.2%Added
Wells Fargo & Company1,527,962$7.75M0.00%−1,635,112−51.7%Reduced
JPMorgan Chase & Co1,410,827$7.15M0.00%+129,877+10.1%Added
Credit Suisse AG1,269,954$6.44M0.01%+666,162+110.3%Added
Flow Traders U.S. LLC1,037,209$5.26M0.16%−205,615−16.5%Reduced
LPL Financial LLC903,113$4.58M0.00%+445,458+97.3%Added
UBS Group AG734,022$3.72M0.00%+14,028+1.9%Added
BBJS Financial Advisors, LLC683,875$3.47M1.20%+184,662+37.0%Added
Simplex Trading, LLC585,248$2.97M0.09%+329,787+129.1%Added
Wolverine Trading, LLC567,593$2.88M0.02%+78,257+16.0%Added
Texas Capital Bank Wealth Management Services Inc500,000$2.07M0.24%+160,000+47.1%Added
GTS Securities LLC378,360$1.92M0.04%−71,440−15.9%Reduced
IMC-Chicago, LLC352,698$1.79M0.06%+352,698New
Jump Financial, LLC351,075$1.78M0.06%+351,075New
LMR Partners LLP310,000$1.57M0.04%00.0%Unchanged
Daiwa Securities Group Inc.285,875$1.45M0.01%+70,300+32.6%Added
Bank of Montreal278,635$1.44M0.00%−245,425−46.8%Reduced
Barclays PLC266,065$1.35M0.00%+126,004+90.0%Added
Kestra Advisory Services, LLC264,278$1.34M0.01%+144,955+121.5%Added
HRT Financial LP183,415$929.0K0.01%+183,415New
Advisory Services Network, LLC178,551$905.3K0.02%+19,209+12.1%Added
Citigroup Inc160,304$812.7K0.00%+85,113+113.2%Added
Stifel Financial Corp160,281$812.6K0.00%−32,315−16.8%Reduced
Southport Management, L.L.C.150,000$760.5K3.28%+50,000+50.0%Added
Royal Bank of Canada148,454$753.0K0.00%+18,739+14.4%Added
Group One Trading, L.P.131,641$667.4K0.02%−316,778−70.6%Reduced
Cambridge Investment Research Advisors, Inc.127,327$646.0K0.00%−130,837−50.7%Reduced
Advisor Resource Council112,898$572.4K0.07%+97,161+617.4%Added
Marex Group plc107,611$545.6K0.02%−14,871−12.1%Reduced
Guild Investment Management, Inc.105,660$535.7K0.85%−32,390−23.5%Reduced
Clough Capital Partners L P102,600$519.8K0.06%−49,330−32.5%Reduced
Cetera Advisor Networks LLC97,478$494.2K0.00%+12,548+14.8%Added
National Bank of Canada92,901$482.0K0.00%−700,728−88.3%Reduced
Atomi Financial Group, Inc.93,643$474.8K0.07%−19,125−17.0%Reduced
GWM Advisors LLC29,468$469.1K0.00%−55,545−65.3%Reduced
Advisor Group Holdings, Inc.81,828$414.9K0.00%−109,315−57.2%Reduced
Vantage Financial Partners, LLC80,000$405.6K0.12%+60,000+300.0%Added
Commonwealth Equity Services, LLC75,565$383.0K0.00%+12,417+19.7%Added
Two Sigma Securities, LLC71,801$364.0K0.02%+71,801New
First National Trust Co71,428$362.1K0.02%00.0%Unchanged
Dynamic Advisor Solutions LLC57,000$332.9K0.01%+6,600+13.1%Added
Daymark Wealth Partners, LLC65,650$332.8K0.02%+35,000+114.2%Added
Pathstone Holdings, LLC64,600$327.5K0.00%+64,600New
Quadcap Wealth Management, LLC62,006$314.4K0.08%+62,006New
Newbridge Financial Services Group, Inc.59,887$303.6K0.15%00.0%Unchanged
Capital Investment Advisory Services, LLC56,238$285.1K0.03%−12,539−18.2%Reduced
Citadel Advisors LLC55,972$283.8K0.00%−63,005−53.0%Reduced
Captrust Financial Advisors54,765$277.7K0.00%−85−0.2%Reduced
Cetera Advisors LLC53,794$272.7K0.00%−61,513−53.3%Reduced
LexAurum Advisors, LLC52,200$264.7K0.07%+17,475+50.3%Added
Prospera Financial Services Inc51,699$262.1K0.01%−262,592−83.6%Reduced
Cetera Investment Advisers50,154$254.3K0.00%−532,756−91.4%Reduced
Register Financial Advisors LLC49,800$252.5K0.17%+8,000+19.1%Added
Sound Income Strategies, LLC47,225$239.4K0.02%00.0%Unchanged
Fortis Group Advisors, LLC34,479$239.3K0.06%00.0%Unchanged
Sweet Financial Partners, LLC46,500$235.8K0.06%+26,500+132.5%Added
Ancora Advisors, LLC44,089$223.5K0.01%+5,175+13.3%Added
Sollinda Capital Management LLC43,627$221.2K0.06%+43,627New
Janney Montgomery Scott LLC37,740$191.0K0.00%+1,400+3.9%Added
Jefferies Financial Group Inc.37,580$190.5K0.00%−157,420−80.7%Reduced
Moneta Group Investment Advisors LLC35,000$177.4K0.00%+16,030+84.5%Added
Wellington Shields Capital Management, LLC33,700$170.9K0.02%−6,000−15.1%Reduced
US Bancorp33,526$170.0K0.00%−1,000−2.9%Reduced
Grey Street Capital, LLC31,089$157.6K0.08%00.0%Unchanged
Tower Research Capital LLC (TRC)30,589$155.1K0.00%+8,395+37.8%Added
JT Stratford LLC30,047$152.3K0.03%−20,037−40.0%Reduced
Levin Capital Strategies, L.P.30,000$152.1K0.02%+10,000+50.0%Added
Mutual Advisors, LLC29,575$149.9K0.01%−16,475−35.8%Reduced
Private Advisor Group, LLC31,155$148.3K0.00%−18,547−37.3%Reduced
Coastal Investment Advisors, Inc.29,180$147.9K0.03%−650−2.2%Reduced
Equitable Holdings, Inc.28,725$145.6K0.00%−3,350−10.4%Reduced
Advisory Alpha, LLC27,615$140.0K0.01%−2,970−9.7%Reduced
Kempner Capital Management Inc.26,047$132.0K0.07%00.0%Unchanged
Cutler Group LP25,500$129.0K0.02%−54,150−68.0%Reduced
Verity Asset Management, Inc.25,140$127.5K0.08%+4,053+19.2%Added
WealthShield Partners, LLC24,500$124.2K0.02%+24,500New
MML Investors Services, LLC24,044$122.0K0.00%+2,180+10.0%Added
LaSalle St. Investment Advisors, LLC23,497$119.1K0.08%+23,497New
Private Wealth Partners, LLC23,000$116.6K0.01%+23,000New
Sovereign Financial Group, Inc.22,500$114.1K0.03%+9,010+66.8%Added
Benedetti & Gucer, Inc.22,122$112.2K0.06%00.0%Unchanged
Inscription Capital, LLC22,000$111.5K0.03%−14,503−39.7%Reduced
Visionary Wealth Advisors21,950$111.3K0.01%+450+2.1%Added
Pingora Partners LLC21,100$107.0K0.09%+21,100New
Wealth Enhancement Advisory Services, LLC20,700$104.9K0.00%−38,529−65.1%Reduced
Embree Financial Group20,568$104.3K0.02%+20,568New
BNP Paribas Arbitrage, SA20,259$102.7K0.00%−5,317−20.8%Reduced
Patriot Financial Group Insurance Agency, LLC20,051$101.7K0.02%−772−3.7%Reduced
FNY Investment Advisers, LLC20,000$101.0K0.11%−20,000−50.0%Reduced
Clarity Financial LLC18,221$92.4K0.02%+18,221New
Bank of America Corp17,403$88.2K0.00%−205,397−92.2%Reduced
TD Waterhouse Canada Inc.14,388$83.0K0.00%−266−1.8%Reduced
Round Rock Advisors, LLC16,214$82.2K0.02%+2,823+21.1%Added
Headlands Technologies LLC15,473$78.4K0.02%+15,473New
Aspire Capital Advisors LLC12,755$64.7K0.03%+12,755New
Comerica Bank12,745$64.6K0.00%−954−7.0%Reduced
Vawter Financial, Ltd.12,500$63.4K0.05%+2,500+25.0%Added
MONECO Advisors, LLC12,450$63.1K0.01%+12,450New