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, Q1 2025
Institutional positions in United States Natural Gas Fund, LP as of Mar 31, 2025. 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
- 78
- −7 vs. Q4 2024
- Shares held
- 7.79M
- +1.70M (+27.9%) vs. Q4 2024
- Total value
- $168.3M
- +$65.9M (+64.3%) vs. Q4 2024
- New holders
- 18
- 12 more added
- Sold out
- 25
- 26 more reduced
2 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 2024: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 91 | $57.8M |
| Q1 2026 | 97 | $67.6M |
| Q4 2025 | 97 | $57.9M |
| Q3 2025 | 92 | $95.8M |
| Q2 2025 | 81 | $68.3M |
| Q1 2025 | 78 | $168.3M |
| Q4 2024 | 87 | $102.4M |
| Q3 2024 | 103 | $132.2M |
| Q2 2024 | 103 | $87.5M |
| Q1 2024 | 100 | $90.9M |
| Q4 2023 | 152 | $115.3M |
| Q3 2023 | 164 | $236.4M |
| Q2 2023 | 167 | $274.9M |
| Q1 2023 | 162 | $331.0M |
| Q4 2022 | 96 | $137.3M |
| Q3 2022 | 90 | $181.8M |
| Q2 2022 | 99 | $133.1M |
| Q1 2022 | 77 | $151.0M |
| Q4 2021 | 79 | $93.1M |
| Q3 2021 | 69 | $151.7M |
| Q2 2021 | 64 | $89.5M |
| Q1 2021 | 70 | $90.4M |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding United States Natural Gas Fund, LP; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BNP Paribas Arbitrage, SA | 1,636,789 | $35.4M | 0.03% | +1,606,622+5,325.8% | Added |
| Goldman Sachs Group Inc | 1,420,818 | $30.7M | 0.01% | +1,400,000+6,724.9% | Added |
| Morgan Stanley | 1,180,859 | $25.5M | 0.00% | +1,010,196+591.9% | Added |
| Susquehanna International Group, LLP | 727,687 | $15.7M | 0.03% | +123,104+20.4% | Added |
| Jump Financial, LLC | 529,720 | $11.4M | 0.17% | +529,720 | New |
| Citadel Advisors LLC | 403,466 | $8.72M | 0.01% | +289,401+253.7% | Added |
| Wells Fargo & Company | 315,634 | $6.82M | 0.00% | −33,925−9.7% | Reduced |
| IMC-Chicago, LLC | 176,277 | $3.81M | 0.15% | +176,277 | New |
| Quadrature Capital Ltd | 127,839 | $2.76M | 0.06% | +127,839 | New |
| Flow Traders U.S. LLC | 123,602 | $2.67M | 0.11% | +94,485+324.5% | Added |
| UBS Group AG | 104,927 | $2.27M | 0.00% | −64,848−38.2% | Reduced |
| Jane Street Group, LLC | 93,853 | $2.03M | 0.00% | −1,382,274−93.6% | Reduced |
| Cetera Investment Advisers | 89,622 | $1.94M | 0.00% | −104,798−53.9% | Reduced |
| LPL Financial LLC | 88,534 | $1.91M | 0.00% | −162,738−64.8% | Reduced |
| Virtu Financial LLC | 84,416 | $1.82M | 0.10% | +84,416 | New |
| Wealth Enhancement Advisory Services, LLC | 71,620 | $1.55M | 0.00% | +71,620 | New |
| Daiwa Securities Group Inc. | 71,093 | $1.54M | 0.01% | −16,000−18.4% | Reduced |
| Citigroup Inc | 70,146 | $1.52M | 0.00% | −12,187−14.8% | Reduced |
| Mariner, LLC | 48,792 | $1.05M | 0.00% | +14,332+41.6% | Added |
| Cambridge Investment Research Advisors, Inc. | 44,907 | $970.0K | 0.00% | +34,273+322.3% | Added |
| Bard Financial Services, Inc. | 28,000 | $605.1K | 0.07% | +28,000 | New |
| Captrust Financial Advisors | 27,892 | $602.7K | 0.00% | −150−0.5% | Reduced |
| Advisor Resource Council | 25,767 | $556.8K | 0.05% | +25,767 | New |
| Advisor Group Holdings, Inc. | 22,068 | $476.9K | 0.00% | −33,564−60.3% | Reduced |
| Change Path, LLC | 19,340 | $417.9K | 0.01% | −42,750−68.9% | Reduced |
| Scotia Capital Inc. | 17,677 | $382.0K | 0.00% | +3,291+22.9% | Added |
| Atria Wealth Solutions, Inc. | 17,500 | $378.2K | 0.00% | +17,500 | New |
| Security National Bank | 16,030 | $346.4K | 0.07% | 00.0% | Unchanged |
| Atomi Financial Group, Inc. | 15,316 | $331.0K | 0.02% | +15,316 | New |
| Royal Bank of Canada | 14,880 | $322.0K | 0.00% | +12,361+490.7% | Added |
| Insigneo Advisory Services, LLC | 14,223 | $307.4K | 0.03% | −357−2.4% | Reduced |
| Verity Asset Management, Inc. | 13,557 | $293.0K | 0.12% | +13,557 | New |
| Commonwealth Equity Services, LLC | 13,362 | $289.0K | 0.00% | −1,300−8.9% | Reduced |
| Quotient Wealth Partners, LLC | 13,262 | $286.6K | 0.01% | +13,262 | New |
| HRT Financial LP | 12,927 | $279.0K | 0.00% | −2,148−14.2% | Reduced |
| StoneX Group Inc. | 12,606 | $272.4K | 0.01% | +12,606 | New |
| Marathon Trading Investment Management LLC | 11,000 | $237.7K | 0.13% | +11,000 | New |
| Barclays PLC | 10,965 | $237.0K | 0.00% | −81,411−88.1% | Reduced |
| Two Sigma Securities, LLC | 10,728 | $231.8K | 0.04% | −11,817−52.4% | Reduced |
| Inscription Capital, LLC | 15,000 | $218.6K | 0.04% | +15,000 | New |
| US Bancorp | 8,381 | $181.1K | 0.00% | 00.0% | Unchanged |
| Transce3nd, LLC | 8,111 | $175.3K | 0.08% | −20−0.2% | Reduced |
| CWM, LLC | 6,446 | $139.0K | 0.00% | −5,500−46.0% | Reduced |
| SG Americas Securities, LLC | 5,600 | $121.0K | 0.00% | −10,300−64.8% | Reduced |
| Headlands Technologies LLC | 4,132 | $89.3K | 0.01% | −35,295−89.5% | Reduced |
| TD Waterhouse Canada Inc. | 3,122 | $64.6K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 2,693 | $58.2K | 0.00% | +2,515+1,412.9% | Added |
| GWM Advisors LLC | 2,112 | $45.6K | 0.00% | 00.0% | Unchanged |
| Parallel Advisors, LLC | 2,000 | $43.2K | 0.00% | 00.0% | Unchanged |
| Mountain Hill Investment Partners Corp. | 1,875 | $40.5K | 0.04% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 1,510 | $27.6K | 0.00% | −170−10.1% | Reduced |
| Clearstead Advisors, LLC | 1,000 | $21.6K | 0.00% | −12,833−92.8% | Reduced |
| MAI Capital Management | 618 | $13.4K | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 416 | $8.99K | 0.00% | +364+700.0% | Added |
| Quent Capital, LLC | 374 | $8.08K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 314 | $6.79K | 0.00% | +314 | New |
| Financial Management Professionals, Inc. | 250 | $5.40K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 250 | $5.40K | 0.00% | 00.0% | Unchanged |
| NBC Securities, Inc. | 250 | $5.00K | 0.00% | +250 | New |
| Chilton Capital Management LLC | 208 | $4.50K | 0.00% | 00.0% | Unchanged |
| Cheviot Value Management, LLC | 240 | $4.32K | 0.00% | +240 | New |
| Safe Harbor Fiduciary, LLC | 150 | $3.24K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 125 | $2.70K | 0.00% | 00.0% | Unchanged |
| Mirae Asset Global Investments Co., Ltd. | 125 | $2.67K | 0.00% | −5−3.8% | Reduced |
| Farther Finance Advisors, LLC | 100 | $2.07K | 0.00% | 00.0% | Unchanged |
| Colonial Trust Advisors | 75 | $1.62K | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 50 | $1.08K | 0.00% | −244,012−100.0% | Reduced |
| Larson Financial Group LLC | 48 | $1.04K | 0.00% | 00.0% | Unchanged |
| Asset Dedication, LLC | 20 | $433 | 0.00% | 00.0% | Unchanged |
| New England Capital Financial Advisors LLC | 18 | $389 | 0.00% | 00.0% | Unchanged |
| Jones Financial Companies LLLP | 18 | $384 | 0.00% | −14−43.8% | Reduced |
| National Bank of Canada | 11 | $237 | 0.00% | −780−98.6% | Reduced |
| Allworth Financial LP | 12 | $186 | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 8 | $173 | 0.00% | −27,864−100.0% | Reduced |
| Sunbelt Securities, Inc. | 4 | $86 | 0.00% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 4 | $86 | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 1 | $22 | 0.00% | 00.0% | Unchanged |
| Avenir Tech Ltd | 1 | $22 | 0.00% | +1 | New |
| Sourcerock Group LLC | 0 | $0 | 0.00% | −619,052−100.0% | Sold out |
| Manufacturers Life Insurance Company, The | 0 | $0 | 0.00% | −329,105−100.0% | Sold out |
| Centric Wealth Management | 0 | $0 | 0.00% | −215,000−100.0% | Sold out |
| Man Group plc | 0 | $0 | 0.00% | −92,357−100.0% | Sold out |
| Bank of Montreal | 0 | $0 | 0.00% | −62,504−100.0% | Sold out |
| Southport Management, L.L.C. | 0 | $0 | 0.00% | −60,000−100.0% | Sold out |
| Pathstone Holdings, LLC | 0 | $0 | 0.00% | −56,941−100.0% | Sold out |
| Squarepoint Ops LLC | 0 | $0 | 0.00% | −50,908−100.0% | Sold out |
| Marex Group plc | 0 | $0 | 0.00% | −40,711−100.0% | Sold out |
| Kieckhefer Group LLC | 0 | $0 | 0.00% | −38,156−100.0% | Sold out |
| JPMorgan Chase & Co | 0 | $0 | 0.00% | −36,276−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −35,475−100.0% | Sold out |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −34,090−100.0% | Sold out |
| Moneta Group Investment Advisors LLC | 0 | $0 | 0.00% | −14,125−100.0% | Sold out |
| Sigma Planning Corp | 0 | $0 | 0.00% | −14,049−100.0% | Sold out |
| Quadcap Wealth Management, LLC | 0 | $0 | 0.00% | −11,364−100.0% | Sold out |
| Daymark Wealth Partners, LLC | 0 | $0 | 0.00% | −11,250−100.0% | Sold out |
| Northern Trust Corp | 0 | $0 | 0.00% | −11,077−100.0% | Sold out |
| J.W. Cole Advisors, Inc. | 0 | $0 | 0.00% | −10,830−100.0% | Sold out |
| Huntington National Bank | 0 | $0 | 0.00% | – | Sold out |
| ORG Partners LLC | 0 | $0 | 0.00% | −625−100.0% | Sold out |
| IFP Advisors, Inc | 0 | $0 | 0.00% | −375−100.0% | Sold out |