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 |
|---|---|---|---|---|---|
| Virtu Financial LLC | 0 | $0 | 0.00% | −382,825−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −132,946−100.0% | Sold out |
| Perissos Private Wealth Management, LLC | 0 | $0 | 0.00% | −100,255−100.0% | Sold out |
| Guild Investment Management, Inc. | 0 | $0 | 0.00% | −50,000−100.0% | Sold out |
| Prosperity Wealth Management, Inc. | 0 | $0 | 0.00% | −23,900−100.0% | Sold out |
| Centric Wealth Management | 0 | $0 | 0.00% | −20,000−100.0% | Sold out |
| Cambridge Investment Research Advisors, Inc. | 0 | $0 | 0.00% | −17,570−100.0% | Sold out |
| Saxon Interests, Inc. | 0 | $0 | 0.00% | −15,513−100.0% | Sold out |
| Bramshill Investments, LLC | 0 | $0 | 0.00% | −12,500−100.0% | Sold out |
| MML Investors Services, LLC | 0 | $0 | 0.00% | −10,253−100.0% | Sold out |
| FNY Investment Advisers, LLC | 0 | $0 | 0.00% | −8,000−100.0% | Sold out |
| Parallax Volatility Advisers, L.P. | 0 | $0 | 0.00% | −3,473−100.0% | Sold out |
| Mountain Hill Investment Partners Corp. | 0 | $0 | 0.00% | −1,875−100.0% | Sold out |
| Fortitude Family Office, LLC | 0 | $0 | 0.00% | −209−100.0% | Sold out |
| The PNC Financial Services Group, Inc. | 0 | $0 | 0.00% | −125−100.0% | Sold out |
| Jones Financial Companies LLLP | 0 | $0 | 0.00% | −18−100.0% | Sold out |
| Bard Financial Services, Inc. | – | – | – | – | Not filed |
| Guerra Advisors Inc | – | – | – | – | Not filed |