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 2025
Institutional positions in United States Natural Gas Fund, LP as of Dec 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
- 97
- +7 vs. Q3 2025
- Shares held
- 4.73M
- −2.55M (−35.0%) vs. Q3 2025
- Total value
- $57.9M
- −$37.3M (−39.2%) vs. Q3 2025
- New holders
- 26
- 25 more added
- Sold out
- 19
- 24 more reduced
2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| 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, Q4 2025
Shares, value and share of portfolio for each institution holding United States Natural Gas Fund, LP; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Hantz Financial Services, Inc. | 6 | $0 | 0.00% | −4−40.0% | Reduced |
| Bessemer Group Inc | 23 | $0 | 0.00% | +23 | New |
| Avenir Tech Ltd | 1 | $12 | 0.00% | 00.0% | Unchanged |
| Bayban | 1 | $12 | 0.00% | +1 | New |
| Sunbelt Securities, Inc. | 4 | $49 | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 6 | $74 | 0.00% | 00.0% | Unchanged |
| Camelot Portfolios, LLC | 10 | $123 | 0.00% | +10 | New |
| Country Trust Bank | 12 | $147 | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 12 | $148 | 0.00% | −25−67.6% | Reduced |
| Curio Wealth, LLC | 16 | $198 | 0.00% | +16 | New |
| New England Capital Financial Advisors LLC | 18 | $221 | 0.00% | 00.0% | Unchanged |
| Strategic Wealth Partners, Ltd. | 31 | $380 | 0.00% | +13+72.2% | Added |
| Tower Research Capital LLC (TRC) | 48 | $588 | 0.00% | −487−91.0% | Reduced |
| Umb Bank N A | 50 | $613 | 0.00% | +50 | New |
| Bank of America Corp | 51 | $625 | 0.00% | +1+2.0% | Added |
| Larson Financial Group LLC | 73 | $895 | 0.00% | +25+52.1% | Added |
| Colonial Trust Advisors | 75 | $920 | 0.00% | 00.0% | Unchanged |
| Triumph Capital Management | 100 | $1.23K | 0.00% | +100 | New |
| Mirae Asset Global Investments Co., Ltd. | 123 | $1.51K | 0.00% | −8−6.1% | Reduced |
| Safe Harbor Fiduciary, LLC | 125 | $1.53K | 0.00% | +125 | New |
| Huntington National Bank | – | $2.45K | 0.00% | – | – |
| Chilton Capital Management LLC | 208 | $2.55K | 0.00% | 00.0% | Unchanged |
| NBC Securities, Inc. | 250 | $3.06K | 0.00% | 00.0% | Unchanged |
| Cheviot Value Management, LLC | 240 | $3.49K | 0.00% | 00.0% | Unchanged |
| Parallel Advisors, LLC | 288 | $3.53K | 0.00% | 00.0% | Unchanged |
| Quent Capital, LLC | 374 | $4.58K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 426 | $5.00K | 0.00% | 00.0% | Unchanged |
| Turning Point Benefit Group, Inc. | 455 | $5.58K | 0.00% | 00.0% | Unchanged |
| Signature Equity Partners, LLC | 464 | $5.69K | 0.00% | +464 | New |
| Hilltop National Bank | 500 | $6.13K | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 618 | $7.58K | 0.00% | 00.0% | Unchanged |
| Cullen/Frost Bankers, Inc. | 675 | $8.28K | 0.00% | +675 | New |
| Rockefeller Capital Management L.P. | 685 | $8.40K | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 1,066 | $13.1K | 0.00% | −2−0.2% | Reduced |
| Farther Finance Advisors, LLC | 1,302 | $16.0K | 0.00% | −51,333−97.5% | Reduced |
| Insight Financial Services | 1,775 | $21.8K | 0.01% | +1,775 | New |
| International Assets Investment Management, LLC | 1,788 | $21.9K | 0.00% | +1,788 | New |
| GWM Advisors LLC | 1,969 | $24.1K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 2,064 | $25.3K | 0.00% | +2,064 | New |
| National Bank of Canada | 2,426 | $29.7K | 0.00% | −8,123−77.0% | Reduced |
| Flagship Harbor Advisors, LLC | 2,900 | $35.6K | 0.00% | +2,900 | New |
| Royal Bank of Canada | 5,346 | $65.0K | 0.00% | −1,900−26.2% | Reduced |
| Comerica Bank | 5,693 | $69.8K | 0.00% | 00.0% | Unchanged |
| Ancora Advisors, LLC | 6,850 | $84.0K | 0.00% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 7,427 | $91.1K | 0.00% | +122+1.7% | Added |
| Clearstead Advisors, LLC | 10,000 | $122.6K | 0.00% | 00.0% | Unchanged |
| Sound Income Strategies, LLC | 12,711 | $131.3K | 0.01% | +935+7.9% | Added |
| Per Stirling Capital Management, LLC. | 10,906 | $133.7K | 0.02% | +10,906 | New |
| Global Retirement Partners, LLC | 11,588 | $142.1K | 0.00% | +370+3.3% | Added |
| Sigma Planning Corp | 11,926 | $146.2K | 0.00% | +11,926 | New |
| Prospera Financial Services Inc | 13,080 | $160.3K | 0.00% | −294−2.2% | Reduced |
| Evoke Wealth, LLC | 14,100 | $172.9K | 0.00% | +14,100 | New |
| Doliver Advisors, LP | 14,600 | $179.0K | 0.04% | +14,600 | New |
| Caption Management, LLC | 15,000 | $183.9K | 0.01% | +15,000 | New |
| Flow Traders U.S. LLC | 16,263 | $199.0K | 0.01% | −340,654−95.4% | Reduced |
| Cooper Investors Pty Ltd | 17,714 | $217.2K | 0.07% | +17,714 | New |
| Csenge Advisory Group | 19,019 | $233.2K | 0.01% | +19,019 | New |
| Insigneo Advisory Services, LLC | 19,143 | $234.7K | 0.02% | −1,822−8.7% | Reduced |
| Commonwealth Equity Services, LLC | 20,192 | $247.6K | 0.00% | +9,191+83.5% | Added |
| Atomi Financial Group, Inc. | 20,881 | $256.0K | 0.01% | +7,227+52.9% | Added |
| Kingswood Wealth Advisors, LLC | 21,736 | $266.5K | 0.01% | +21,736 | New |
| XTX Topco Ltd | 22,242 | $272.7K | 0.01% | +8,843+66.0% | Added |
| Scotia Capital Inc. | 26,303 | $322.5K | 0.00% | +5,452+26.1% | Added |
| HighTower Advisors, LLC | 26,951 | $330.4K | 0.00% | +10,070+59.7% | Added |
| Verity Asset Management, Inc. | 28,577 | $350.4K | 0.15% | −81−0.3% | Reduced |
| Vanguard Capital Wealth Advisors | 29,500 | $361.7K | 0.29% | −4,000−11.9% | Reduced |
| PFG Investments, LLC | 30,954 | $379.5K | 0.02% | −23,762−43.4% | Reduced |
| SG Americas Securities, LLC | 35,310 | $433.0K | 0.00% | +15,610+79.2% | Added |
| Bank of Montreal | 35,940 | $440.6K | 0.00% | +25,027+229.3% | Added |
| Group One Trading, L.P. | 37,439 | $459.0K | 0.01% | +8,745+30.5% | Added |
| CIBC World Markets Inc. | 37,455 | $459.2K | 0.00% | −2,150−5.4% | Reduced |
| Mariner, LLC | 43,006 | $539.4K | 0.00% | +17,843+70.9% | Added |
| Wakefield Asset Management LLLP | 47,808 | $586.1K | 0.16% | +47,808 | New |
| Coastal Investment Advisors, Inc. | 49,000 | $600.7K | 0.20% | +28,500+139.0% | Added |
| Change Path, LLC | 49,540 | $607.4K | 0.01% | −6,600−11.8% | Reduced |
| Advisory Services Network, LLC | 50,148 | $614.8K | 0.01% | +20,714+70.4% | Added |
| Advisor Group Holdings, Inc. | 50,467 | $618.7K | 0.00% | +3,714+7.9% | Added |
| Marex Group plc | 52,482 | $643.4K | 0.01% | +52,482 | New |
| Barclays PLC | 53,271 | $653.1K | 0.00% | −6,948−11.5% | Reduced |
| Two Sigma Securities, LLC | 57,643 | $706.7K | 0.10% | +25,926+81.7% | Added |
| West Chester Capital Advisors, Inc | 60,000 | $735.6K | 0.43% | 00.0% | Unchanged |
| Clear Creek Financial Management, LLC | 74,450 | $912.8K | 0.07% | +74,450 | New |
| Wealth Enhancement Advisory Services, LLC | 85,573 | $965.3K | 0.00% | −38,120−30.8% | Reduced |
| Cetera Investment Advisers | 92,152 | $1.13M | 0.00% | −45,259−32.9% | Reduced |
| UBS Group AG | 97,402 | $1.19M | 0.00% | −455,945−82.4% | Reduced |
| Citigroup Inc | 125,038 | $1.53M | 0.00% | +4,892+4.1% | Added |
| LPL Financial LLC | 127,318 | $1.56M | 0.00% | −37,876−22.9% | Reduced |
| Simplex Trading, LLC | 130,271 | $1.60M | 0.04% | −44,253−25.4% | Reduced |
| Daiwa Securities Group Inc. | 132,193 | $1.62M | 0.01% | +10,000+8.2% | Added |
| Kestra Advisory Services, LLC | 141,859 | $1.74M | 0.01% | +62,025+77.7% | Added |
| JPMorgan Chase & Co | 146,535 | $1.80M | 0.00% | −74,085−33.6% | Reduced |
| Wells Fargo & Company | 240,394 | $2.95M | 0.00% | +21,510+9.8% | Added |
| Susquehanna International Group, LLP | 278,808 | $3.42M | 0.00% | +278,808 | New |
| Goldman Sachs Group Inc | 320,818 | $3.93M | 0.00% | −600,000−65.2% | Reduced |
| Jane Street Group, LLC | 435,029 | $5.33M | 0.01% | +139,036+47.0% | Added |
| Arkadios Wealth Advisors | 526,216 | $6.45M | 0.13% | +526,216 | New |
| Morgan Stanley | 658,957 | $8.08M | 0.00% | +379,943+136.2% | Added |
| Corigliano Investment Advisers, LLC | 0 | $0 | 0.00% | −773,075−100.0% | Sold out |
| IMC-Chicago, LLC | 0 | $0 | 0.00% | −610,249−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −565,242−100.0% | Sold out |