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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, Q3 2025

Institutional positions in United States Natural Gas Fund, LP as of Sep 30, 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
92
+14 vs. Q2 2025
Shares held
7.33M
+2.86M (+64.0%) vs. Q2 2025
Total value
$95.8M
+$27.8M (+40.8%) vs. Q2 2025
New holders
27
31 more added
Sold out
13
14 more reduced

3 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: 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 holdersQ3 2025: 92 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 heldQ3 2025: $95.8M
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, Q3 2025

Shares, value and share of portfolio for each institution holding United States Natural Gas Fund, LP; share changes are against Q2 2025.

Institutions holding UNG in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Goldman Sachs Group Inc920,818$12.0M0.00%−317,379−25.6%Reduced
Corigliano Investment Advisers, LLC773,075$10.1M3.28%+773,075New
IMC-Chicago, LLC610,249$7.98M0.14%+438,464+255.2%Added
Jump Financial, LLC565,242$7.39M0.09%+565,242New
UBS Group AG553,347$7.23M0.00%+266,228+92.7%Added
Virtu Financial LLC382,825$5.00M0.28%+382,825New
Flow Traders U.S. LLC356,917$4.67M0.19%+356,917New
Jane Street Group, LLC295,993$3.87M0.00%+174,888+144.4%Added
Morgan Stanley279,014$3.65M0.00%−68,026−19.6%Reduced
JPMorgan Chase & Co220,620$2.88M0.00%+159,117+258.7%Added
Wells Fargo & Company218,884$2.86M0.00%−2,146−1.0%Reduced
Simplex Trading, LLC174,524$2.28M0.05%+136,163+355.0%Added
LPL Financial LLC165,194$2.16M0.00%+62,111+60.3%Added
Cetera Investment Advisers137,411$1.80M0.00%+2,006+1.5%Added
Quadrature Capital Ltd132,946$1.74M0.02%+37,041+38.6%Added
Wealth Enhancement Advisory Services, LLC123,693$1.70M0.00%+11,920+10.7%Added
Daiwa Securities Group Inc.122,193$1.60M0.01%+28,700+30.7%Added
Citigroup Inc120,146$1.57M0.00%+22,957+23.6%Added
Perissos Private Wealth Management, LLC100,255$1.31M0.95%+100,255New
Kestra Advisory Services, LLC79,834$1.04M0.00%+79,834New
Barclays PLC60,219$787.1K0.00%+32,101+114.2%Added
West Chester Capital Advisors, Inc60,000$784.2K0.40%+60,000New
Change Path, LLC56,140$733.8K0.02%+38,300+214.7%Added
PFG Investments, LLC54,716$715.1K0.04%+54,716New
Farther Finance Advisors, LLC52,635$687.9K0.01%+52,535+52,535.0%Added
Guild Investment Management, Inc.50,000$653.5K0.52%+50,000New
Advisor Group Holdings, Inc.46,753$600.5K0.00%+238+0.5%Added
Bard Financial Services, Inc.43,000$562.0K0.06%+11,500+36.5%Added
CIBC World Markets Inc.39,605$517.6K0.00%+26,975+213.6%Added
Vanguard Capital Wealth Advisors33,500$437.8K0.35%+33,500New
Two Sigma Securities, LLC31,717$414.5K0.06%+5,308+20.1%Added
Advisory Services Network, LLC29,434$384.7K0.01%+4,199+16.6%Added
Group One Trading, L.P.28,694$375.0K0.01%+28,694New
Verity Asset Management, Inc.28,658$374.6K0.12%+9,527+49.8%Added
Mariner, LLC25,163$328.9K0.00%−6,000−19.3%Reduced
Prosperity Wealth Management, Inc.23,900$312.4K0.11%+23,900New
Insigneo Advisory Services, LLC20,965$274.0K0.02%+779+3.9%Added
Scotia Capital Inc.20,851$272.5K0.00%+1,969+10.4%Added
Coastal Investment Advisors, Inc.20,500$267.9K0.09%+20,500New
Centric Wealth Management20,000$265.0K0.06%−60,000−75.0%Reduced
SG Americas Securities, LLC19,700$257.0K0.00%+7,700+64.2%Added
Cambridge Investment Research Advisors, Inc.17,570$230.0K0.00%+17,570New
HighTower Advisors, LLC16,881$220.6K0.00%+16,881New
Saxon Interests, Inc.15,513$199.0K0.08%+15,513New
Atomi Financial Group, Inc.13,654$178.5K0.01%+13,654New
XTX Topco Ltd13,399$175.1K0.01%−13,751−50.6%Reduced
Prospera Financial Services Inc13,374$174.8K0.00%+1,320+11.0%Added
Bramshill Investments, LLC12,500$163.4K0.01%−12,500−50.0%Reduced
Sound Income Strategies, LLC11,776$150.0K0.01%+11,776New
Global Retirement Partners, LLC11,218$146.6K0.00%+11,212+186,866.7%Added
Commonwealth Equity Services, LLC11,001$144.0K0.00%−2,287−17.2%Reduced
Bank of Montreal10,913$142.6K0.00%+10,913New
National Bank of Canada10,549$137.9K0.00%+6,138+139.2%Added
MML Investors Services, LLC10,253$134.0K0.00%−4,952−32.6%Reduced
Clearstead Advisors, LLC10,000$130.7K0.00%−1,000−9.1%Reduced
FNY Investment Advisers, LLC8,000$104.0K0.03%+8,000New
BNP Paribas Arbitrage, SA7,305$95.5K0.00%+2,593+55.0%Added
Royal Bank of Canada7,246$94.0K0.00%+4,638+177.8%Added
Ancora Advisors, LLC6,850$89.5K0.00%+3,600+110.8%Added
Comerica Bank5,693$74.4K0.00%00.0%Unchanged
Parallax Volatility Advisers, L.P.3,473$45.4K0.00%+3,473New
GWM Advisors LLC1,969$25.7K0.00%00.0%Unchanged
Mountain Hill Investment Partners Corp.1,875$24.5K0.02%00.0%Unchanged
Harbour Investments, Inc.1,068$14.0K0.00%−271−20.2%Reduced
Rockefeller Capital Management L.P.685$8.95K0.00%+685New
MAI Capital Management618$8.08K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)535$6.99K0.00%+521+3,721.4%Added
Hilltop National Bank500$6.54K0.00%00.0%Unchanged
Turning Point Benefit Group, Inc.455$6.20K0.00%+455New
CWM, LLC426$6.00K0.00%−6,124−93.5%Reduced
Quent Capital, LLC374$4.89K0.00%+374New
Parallel Advisors, LLC288$3.76K0.00%00.0%Unchanged
NBC Securities, Inc.250$3.27K0.00%00.0%Unchanged
Cheviot Value Management, LLC240$2.96K0.00%00.0%Unchanged
Fortitude Family Office, LLC209$2.73K0.00%+78+59.5%Added
Chilton Capital Management LLC208$2.72K0.00%00.0%Unchanged
Huntington National Bank–$2.61K0.00%–New
Mirae Asset Global Investments Co., Ltd.131$1.71K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.125$1.63K0.00%00.0%Unchanged
Colonial Trust Advisors75$9800.00%00.0%Unchanged
Guerra Advisors Inc51$6670.00%+51New
Bank of America Corp50$6540.00%−42,215−99.9%Reduced
Larson Financial Group LLC48$6270.00%00.0%Unchanged
Allworth Financial LP37$4840.00%00.0%Unchanged
New England Capital Financial Advisors LLC18$2360.00%00.0%Unchanged
Strategic Wealth Partners, Ltd.18$2350.00%00.0%Unchanged
Jones Financial Companies LLLP18$2240.00%00.0%Unchanged
Country Trust Bank12$1570.00%00.0%Unchanged
Assetmark, Inc6$780.00%−8−57.1%Reduced
Sunbelt Securities, Inc.4$520.00%00.0%Unchanged
Avenir Tech Ltd1$130.00%00.0%Unchanged
Hantz Financial Services, Inc.10$00.00%+10New
Jain Global LLC0$00.00%−549,783−100.0%Sold out
Citadel Advisors LLC0$00.00%−147,317−100.0%Sold out
Financial Services Advisory Inc0$00.00%−36,624−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−32,457−100.0%Sold out
Headlands Technologies LLC0$00.00%−9,618−100.0%Sold out
US Bancorp0$00.00%−8,381−100.0%Sold out
Transce3nd, LLC0$00.00%−8,159−100.0%Sold out
CIBC Private Wealth Group, LLC0$00.00%−1,500−100.0%Sold out