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 |
|---|---|---|---|---|---|
| AdvisorNet Financial, Inc | 1 | $22 | 0.00% | 00.0% | Unchanged |
| Avenir Tech Ltd | 1 | $22 | 0.00% | +1 | New |
| Sunbelt Securities, Inc. | 4 | $86 | 0.00% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 4 | $86 | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 8 | $173 | 0.00% | −27,864−100.0% | Reduced |
| Allworth Financial LP | 12 | $186 | 0.00% | 00.0% | Unchanged |
| National Bank of Canada | 11 | $237 | 0.00% | −780−98.6% | Reduced |
| Jones Financial Companies LLLP | 18 | $384 | 0.00% | −14−43.8% | Reduced |
| New England Capital Financial Advisors LLC | 18 | $389 | 0.00% | 00.0% | Unchanged |
| Asset Dedication, LLC | 20 | $433 | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 48 | $1.04K | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 50 | $1.08K | 0.00% | −244,012−100.0% | Reduced |
| Colonial Trust Advisors | 75 | $1.62K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 100 | $2.07K | 0.00% | 00.0% | Unchanged |
| Mirae Asset Global Investments Co., Ltd. | 125 | $2.67K | 0.00% | −5−3.8% | Reduced |
| The PNC Financial Services Group, Inc. | 125 | $2.70K | 0.00% | 00.0% | Unchanged |
| Safe Harbor Fiduciary, LLC | 150 | $3.24K | 0.00% | 00.0% | Unchanged |
| Cheviot Value Management, LLC | 240 | $4.32K | 0.00% | +240 | New |
| Chilton Capital Management LLC | 208 | $4.50K | 0.00% | 00.0% | Unchanged |
| NBC Securities, Inc. | 250 | $5.00K | 0.00% | +250 | 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 |
| Northwestern Mutual Wealth Management Co | 314 | $6.79K | 0.00% | +314 | New |
| Quent Capital, LLC | 374 | $8.08K | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 416 | $8.99K | 0.00% | +364+700.0% | Added |
| MAI Capital Management | 618 | $13.4K | 0.00% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 1,000 | $21.6K | 0.00% | −12,833−92.8% | Reduced |
| CIBC Private Wealth Group, LLC | 1,510 | $27.6K | 0.00% | −170−10.1% | Reduced |
| Mountain Hill Investment Partners Corp. | 1,875 | $40.5K | 0.04% | 00.0% | Unchanged |
| Parallel Advisors, LLC | 2,000 | $43.2K | 0.00% | 00.0% | Unchanged |
| GWM Advisors LLC | 2,112 | $45.6K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 2,693 | $58.2K | 0.00% | +2,515+1,412.9% | Added |
| TD Waterhouse Canada Inc. | 3,122 | $64.6K | 0.00% | 00.0% | Unchanged |
| Headlands Technologies LLC | 4,132 | $89.3K | 0.01% | −35,295−89.5% | Reduced |
| SG Americas Securities, LLC | 5,600 | $121.0K | 0.00% | −10,300−64.8% | Reduced |
| CWM, LLC | 6,446 | $139.0K | 0.00% | −5,500−46.0% | Reduced |
| Transce3nd, LLC | 8,111 | $175.3K | 0.08% | −20−0.2% | Reduced |
| US Bancorp | 8,381 | $181.1K | 0.00% | 00.0% | Unchanged |
| Inscription Capital, LLC | 15,000 | $218.6K | 0.04% | +15,000 | New |
| Two Sigma Securities, LLC | 10,728 | $231.8K | 0.04% | −11,817−52.4% | Reduced |
| Barclays PLC | 10,965 | $237.0K | 0.00% | −81,411−88.1% | Reduced |
| Marathon Trading Investment Management LLC | 11,000 | $237.7K | 0.13% | +11,000 | New |
| StoneX Group Inc. | 12,606 | $272.4K | 0.01% | +12,606 | New |
| HRT Financial LP | 12,927 | $279.0K | 0.00% | −2,148−14.2% | Reduced |
| Quotient Wealth Partners, LLC | 13,262 | $286.6K | 0.01% | +13,262 | New |
| Commonwealth Equity Services, LLC | 13,362 | $289.0K | 0.00% | −1,300−8.9% | Reduced |
| Verity Asset Management, Inc. | 13,557 | $293.0K | 0.12% | +13,557 | New |
| Insigneo Advisory Services, LLC | 14,223 | $307.4K | 0.03% | −357−2.4% | Reduced |
| Royal Bank of Canada | 14,880 | $322.0K | 0.00% | +12,361+490.7% | Added |
| Atomi Financial Group, Inc. | 15,316 | $331.0K | 0.02% | +15,316 | New |
| Security National Bank | 16,030 | $346.4K | 0.07% | 00.0% | Unchanged |
| Atria Wealth Solutions, Inc. | 17,500 | $378.2K | 0.00% | +17,500 | New |
| Scotia Capital Inc. | 17,677 | $382.0K | 0.00% | +3,291+22.9% | Added |
| Change Path, LLC | 19,340 | $417.9K | 0.01% | −42,750−68.9% | Reduced |
| Advisor Group Holdings, Inc. | 22,068 | $476.9K | 0.00% | −33,564−60.3% | Reduced |
| Advisor Resource Council | 25,767 | $556.8K | 0.05% | +25,767 | New |
| Captrust Financial Advisors | 27,892 | $602.7K | 0.00% | −150−0.5% | Reduced |
| Bard Financial Services, Inc. | 28,000 | $605.1K | 0.07% | +28,000 | New |
| Cambridge Investment Research Advisors, Inc. | 44,907 | $970.0K | 0.00% | +34,273+322.3% | Added |
| Mariner, LLC | 48,792 | $1.05M | 0.00% | +14,332+41.6% | Added |
| Citigroup Inc | 70,146 | $1.52M | 0.00% | −12,187−14.8% | Reduced |
| Daiwa Securities Group Inc. | 71,093 | $1.54M | 0.01% | −16,000−18.4% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 71,620 | $1.55M | 0.00% | +71,620 | New |
| Virtu Financial LLC | 84,416 | $1.82M | 0.10% | +84,416 | New |
| LPL Financial LLC | 88,534 | $1.91M | 0.00% | −162,738−64.8% | Reduced |
| Cetera Investment Advisers | 89,622 | $1.94M | 0.00% | −104,798−53.9% | Reduced |
| Jane Street Group, LLC | 93,853 | $2.03M | 0.00% | −1,382,274−93.6% | Reduced |
| UBS Group AG | 104,927 | $2.27M | 0.00% | −64,848−38.2% | Reduced |
| Flow Traders U.S. LLC | 123,602 | $2.67M | 0.11% | +94,485+324.5% | Added |
| Quadrature Capital Ltd | 127,839 | $2.76M | 0.06% | +127,839 | New |
| IMC-Chicago, LLC | 176,277 | $3.81M | 0.15% | +176,277 | New |
| Wells Fargo & Company | 315,634 | $6.82M | 0.00% | −33,925−9.7% | Reduced |
| Citadel Advisors LLC | 403,466 | $8.72M | 0.01% | +289,401+253.7% | Added |
| Jump Financial, LLC | 529,720 | $11.4M | 0.17% | +529,720 | New |
| Susquehanna International Group, LLP | 727,687 | $15.7M | 0.03% | +123,104+20.4% | Added |
| Morgan Stanley | 1,180,859 | $25.5M | 0.00% | +1,010,196+591.9% | Added |
| Goldman Sachs Group Inc | 1,420,818 | $30.7M | 0.01% | +1,400,000+6,724.9% | Added |
| BNP Paribas Arbitrage, SA | 1,636,789 | $35.4M | 0.03% | +1,606,622+5,325.8% | Added |
| 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 |