United States 12 Month Natural Gas Fund, LP
UNL- Exchange
- NYSE
- Industry
- Commodity Contracts Brokers & Dealers
- SEC CIK
- 0001405513
No open-market purchases or sales by United States 12 Month Natural Gas Fund, LP insiders were filed in the last 90 days; 15 institutions reported holding it in 13F filings for Q2 2026, worth $1.43M in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in United States 12 Month 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
- 15
- +5 vs. Q3 2025
- Shares held
- 207.2K
- +109.7K (+112.5%) vs. Q3 2025
- Total value
- $1.53M
- +$769.5K (+101.3%) vs. Q3 2025
- New holders
- 7
- 0 more added
- Sold out
- 2
- 2 more reduced
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting UNL 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 | 15 | $1.43M |
| Q1 2026 | 13 | $1.06M |
| Q4 2025 | 15 | $1.53M |
| Q3 2025 | 10 | $759.7K |
| Q2 2025 | 14 | $2.51M |
| Q1 2025 | 19 | $4.27M |
| Q4 2024 | 20 | $3.60M |
| Q3 2024 | 18 | $2.25M |
| Q2 2024 | 19 | $4.49M |
| Q1 2024 | 20 | $2.61M |
| Q4 2023 | 18 | $5.63M |
| Q3 2023 | 14 | $5.36M |
| Q2 2023 | 14 | $2.06M |
| Q1 2023 | 15 | $1.53M |
| Q4 2022 | 22 | $9.05M |
| Q3 2022 | 22 | $11.5M |
| Q2 2022 | 18 | $10.3M |
| Q1 2022 | 12 | $6.09M |
| Q4 2021 | 11 | $9.06M |
| Q3 2021 | 9 | $3.69M |
| Q2 2021 | 9 | $2.57M |
| Q1 2021 | 7 | $1.12M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding United States 12 Month Natural Gas Fund, LP; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Susquehanna International Group, LLP | 108,870 | $803.5K | 0.00% | +108,870 | New |
| Belvedere Trading LLC | 37,643 | $277.8K | 0.05% | +37,643 | New |
| Citadel Advisors LLC | 15,974 | $117.9K | 0.00% | −12,057−43.0% | Reduced |
| StoneX Group Inc. | 12,521 | $92.4K | 0.00% | +12,521 | New |
| Group One Trading, L.P. | 8,200 | $60.5K | 0.00% | 00.0% | Unchanged |
| Simplex Trading, LLC | 7,266 | $53.6K | 0.00% | +7,266 | New |
| DV Trading LLC | 6,765 | $49.9K | 0.00% | +6,765 | New |
| Barclays PLC | 6,360 | $46.9K | 0.00% | +6,360 | New |
| Advisor Group Holdings, Inc. | 1,091 | $8.05K | 0.00% | −250−18.6% | Reduced |
| Vermillion Wealth Management, Inc. | 889 | $6.56K | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 737 | $5.44K | 0.00% | +737 | New |
| The PNC Financial Services Group, Inc. | 720 | $5.31K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 72 | $1.00K | 0.00% | 00.0% | Unchanged |
| Western Pacific Wealth Management, LP | 40 | $295 | 0.00% | 00.0% | Unchanged |
| Morgan Stanley | 2 | $15 | 0.00% | 00.0% | Unchanged |
| Meridian Wealth Management, LLC | 0 | $0 | 0.00% | −56,350−100.0% | Sold out |
| Ameritas Advisory Services, LLC | 0 | $0 | 0.00% | −1,820−100.0% | Sold out |