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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, Q1 2026

Institutional positions in United States Natural Gas Fund, LP as of Mar 31, 2026. 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
+2 vs. Q4 2025
Shares held
5.76M
+1.05M (+22.2%) vs. Q4 2025
Total value
$67.6M
+$9.84M (+17.1%) vs. Q4 2025
New holders
22
27 more added
Sold out
20
23 more reduced

2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 97 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 heldQ1 2026: $67.6M
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, Q1 2026

Shares, value and share of portfolio for each institution holding United States Natural Gas Fund, LP; share changes are against Q4 2025.

Institutions holding UNG in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Goldman Sachs Group Inc1,000,113$11.7M0.00%+679,295+211.7%Added
Jump Financial, LLC856,003$10.0M0.15%+856,003New
Wells Fargo & Company547,357$6.42M0.00%+306,963+127.7%Added
JPMorgan Chase & Co318,615$3.72M0.00%+172,080+117.4%Added
LPL Financial LLC207,211$2.43M0.00%+79,893+62.8%Added
Virtu Financial LLC205,851$2.42M0.10%+205,851New
Jefferies Financial Group Inc.200,000$2.35M0.03%+200,000New
Susquehanna International Group, LLP199,587$2.34M0.00%−79,221−28.4%Reduced
Morgan Stanley198,978$2.33M0.00%−459,979−69.8%Reduced
UBS Group AG174,671$2.05M0.00%+77,269+79.3%Added
Daiwa Securities Group Inc.163,293$1.92M0.01%+31,100+23.5%Added
Kestra Advisory Services, LLC160,830$1.89M0.01%+18,971+13.4%Added
Mirae Asset Global ETFs Holdings Ltd.98,500$1.16M0.00%+98,500New
Flow Traders U.S. LLC94,897$1.11M0.04%+78,634+483.5%Added
Group One Trading, L.P.93,255$1.09M0.04%+55,816+149.1%Added
Citigroup Inc86,468$1.01M0.00%−38,570−30.8%Reduced
Wealth Enhancement Advisory Services, LLC84,313$957.0K0.00%−1,260−1.5%Reduced
CIBC World Markets Inc.71,000$832.8K0.00%+33,545+89.6%Added
West Chester Capital Advisors, Inc60,000$703.8K0.45%00.0%Unchanged
Coastal Investment Advisors, Inc.56,000$656.9K0.23%+7,000+14.3%Added
SG Americas Securities, LLC53,210$624.0K0.00%+17,900+50.7%Added
Change Path, LLC42,665$500.5K0.01%−6,875−13.9%Reduced
Marex Group plc40,943$480.3K0.00%−11,539−22.0%Reduced
Natixis40,750$478.0K0.00%+40,750New
Advisor Group Holdings, Inc.40,641$476.7K0.00%−9,826−19.5%Reduced
Marathon Trading Investment Management LLC39,924$468.3K0.14%+39,924New
Cornerstone Wealth Management, LLC39,519$463.6K0.02%+39,519New
Commonwealth Equity Services, LLC37,521$440.1K0.00%+17,329+85.8%Added
Mariner, LLC36,274$425.5K0.00%−6,732−15.7%Reduced
Cooper Investors Pty Ltd34,062$399.5K0.16%+16,348+92.3%Added
Scotia Capital Inc.32,036$375.8K0.00%+5,733+21.8%Added
Cetera Investment Advisers28,370$332.8K0.00%−63,782−69.2%Reduced
IHT Wealth Management, LLC26,625$312.3K0.01%+26,625New
Atomi Financial Group, Inc.25,782$302.4K0.01%+4,901+23.5%Added
Bank of Montreal25,600$300.3K0.00%−10,340−28.8%Reduced
Vanguard Capital Wealth Advisors24,500$287.4K0.27%−5,000−16.9%Reduced
HRT Financial LP22,786$267.0K0.00%+22,786New
Insigneo Advisory Services, LLC21,209$248.8K0.02%+2,066+10.8%Added
Axiom Investment Management LLC19,500$228.7K0.17%+19,500New
Two Sigma Securities, LLC18,664$218.9K0.03%−38,979−67.6%Reduced
Evoke Wealth, LLC16,600$194.7K0.00%+2,500+17.7%Added
Steward Partners Investment Advisory, LLC15,396$180.6K0.00%+13,332+645.9%Added
HighTower Advisors, LLC14,945$175.3K0.00%−12,006−44.5%Reduced
Advisory Services Network, LLC14,713$172.6K0.00%−35,435−70.7%Reduced
Prospera Financial Services Inc14,586$171.1K0.00%+1,506+11.5%Added
PFG Investments, LLC13,912$163.2K0.01%−17,042−55.1%Reduced
Sigma Planning Corp13,642$160.0K0.00%+1,716+14.4%Added
Chiron Capital Management, LLC13,603$159.6K0.16%+13,603New
Mercer Global Advisors Inc12,223$143.4K0.00%+12,223New
Peapack Gladstone Financial Corp11,570$136.0K0.00%+11,570New
Per Stirling Capital Management, LLC.11,297$132.5K0.01%+391+3.6%Added
Kingswood Wealth Advisors, LLC11,005$129.1K0.01%−10,731−49.4%Reduced
Clearstead Advisors, LLC10,000$117.3K0.00%00.0%Unchanged
Buckingham Strategic Partners10,000$117.3K0.00%+10,000New
BNP Paribas Arbitrage, SA7,927$93.0K0.00%+500+6.7%Added
Royal Bank of Canada7,538$88.0K0.00%+2,192+41.0%Added
Private Trust Co NA6,000$70.4K0.01%+6,000New
US Bancorp4,000$46.9K0.00%+4,000New
Barclays PLC3,826$44.9K0.00%−49,445−92.8%Reduced
Main Street Group, LTD3,570$41.9K0.01%+3,570New
Fifth Third Bancorp3,178$37.3K0.00%+3,178New
GWM Advisors LLC1,969$23.1K0.00%00.0%Unchanged
Insight Financial Services1,775$20.8K0.01%00.0%Unchanged
International Assets Investment Management, LLC1,788$20.4K0.00%00.0%Unchanged
Jones Financial Companies LLLP1,000$12.3K0.00%+1,000New
Signaturefd, LLC1,000$11.7K0.00%+1,000New
Harbour Investments, Inc.976$11.4K0.00%−90−8.4%Reduced
Sound Income Strategies, LLC975$11.1K0.00%−11,736−92.3%Reduced
Rossby Financial, LCC900$10.3K0.00%+900New
Rockefeller Capital Management L.P.685$8.04K0.00%00.0%Unchanged
NBC Securities, Inc.660$7.74K0.00%+410+164.0%Added
MAI Capital Management618$7.25K0.00%00.0%Unchanged
Larson Financial Group LLC516$6.05K0.00%+443+606.8%Added
Cullen/Frost Bankers, Inc.500$5.87K0.00%−175−25.9%Reduced
Hilltop National Bank500$5.87K0.00%00.0%Unchanged
CWM, LLC426$5.00K0.00%00.0%Unchanged
Farther Finance Advisors, LLC432$4.93K0.00%−870−66.8%Reduced
Quent Capital, LLC374$4.39K0.00%00.0%Unchanged
Parallel Advisors, LLC288$3.38K0.00%00.0%Unchanged
Cheviot Value Management, LLC240$2.81K0.00%00.0%Unchanged
Chilton Capital Management LLC208$2.44K0.00%00.0%Unchanged
Huntington National Bank–$2.35K0.00%––
Legacy Bridge, LLC125$1.47K0.00%+125New
Mirae Asset Global Investments Co., Ltd.120$1.41K0.00%−3−2.4%Reduced
Colonial Trust Advisors75$8800.00%00.0%Unchanged
Tower Research Capital LLC (TRC)63$7390.00%+15+31.3%Added
Umb Bank N A50$5870.00%00.0%Unchanged
New England Capital Financial Advisors LLC18$2120.00%00.0%Unchanged
Strategic Wealth Partners, Ltd.18$2110.00%−13−41.9%Reduced
Curio Wealth, LLC16$1880.00%00.0%Unchanged
Allworth Financial LP12$1410.00%00.0%Unchanged
Country Trust Bank12$1410.00%00.0%Unchanged
Assetmark, Inc6$700.00%00.0%Unchanged
Sunbelt Securities, Inc.4$470.00%00.0%Unchanged
Bayban1$120.00%00.0%Unchanged
Bessemer Group Inc23$00.00%00.0%Unchanged
Hantz Financial Services, Inc.6$00.00%00.0%Unchanged
Arkadios Wealth Advisors0$00.00%−526,216−100.0%Sold out
Jane Street Group, LLC0$00.00%−435,029−100.0%Sold out
Simplex Trading, LLC0$00.00%−130,271−100.0%Sold out