US Natural Gas Fund LPUNGETF

13F holders, Q1 2025 (March 31)
78holders −8
16new positions
24sold out
1famous investor
$21.59avg. 13F price*

At the end of Q1 2025, 78 institutions reported holding US Natural Gas Fund LP (UNG) in their 13F filings, down 8 from Q4 2024. 16 opened new positions and 24 sold out. The largest holders were BNP Paribas Financial Markets ($35.4M), Goldman Sachs Group Inc. ($30.7M) and Morgan Stanley ($25.5M). One famous investor held it Ken Griffin (0.0% of Citadel Advisors's portfolio).

Company
US Natural Gas Fund LP
Filed as
UNITED STS NAT GAS FD LP (Q1 2025)
CUSIP
912318409
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150 Q1 2024: 97Q1 2024Q2 2024: 102Q2 2024Q3 2024: 103Q3 2024Q4 2024: 86Q4 2024Q1 2025: 78Q1 2025Q2 2025: 81Q2 2025Q3 2025: 91Q3 2025Q4 2025: 96Q4 2025Q1 2026: 96Q1 2026Q2 2026: 90Q2 2026

Total Exit/New Position Q4 2024 → Q1 2025

InstitutionsTotal Value
New Positions16$24.4M
Exits24$29.3M

All 13F filers, Q4 2024 → Q1 2025: 5,718,379 shares bought and 4,031,535 shares sold, net +1,686,844 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 78 holders

BNP Paribas Financial Markets 0.03% Add +5325.8% 1,636,789 $35.4M
Goldman Sachs Group Inc. 0.01% Add +6724.9% 1,420,818 $30.7M
Morgan Stanley 0.00% Add +591.9% 1,180,859 $25.5M
Susquehanna International Group, LLP 0.03% Add +20.4% 727,687 $15.7M
Jump Financial, LLC 0.18% New 529,720 $11.4M
Citadel Advisors 0.01% Add +253.7% 403,466 $8.7M
Wells Fargo & Company 0.00% Reduce -9.7% 315,634 $6.8M
IMC-Chicago, LLC 0.15% New 176,277 $3.8M
Quadrature Capital Ltd 0.06% New 127,839 $2.8M
Flow Traders U.S. LLC 0.11% Add +324.5% 123,602 $2.7M
UBS Group AG 0.00% Reduce -38.2% 104,927 $2.3M
Jane Street Group, LLC 0.00% Reduce -93.6% 93,853 $2.0M
Cetera Investment Advisers 0.00% Reduce -53.9% 89,622 $1.9M
LPL Financial LLC 0.00% Reduce -64.8% 88,534 $1.9M
Virtu Financial LLC 0.10% New 84,416 $1.8M
Wealth Enhancement Advisory Services, LLC 0.00% New 71,620 $1.5M
Daiwa Securities Group Inc. 0.01% Reduce -18.4% 71,093 $1.5M
Citigroup Inc. 0.00% Reduce -14.8% 70,146 $1.5M
Mariner, LLC 0.00% Add +41.6% 48,792 $1.1M
Cambridge Investment Research Advisors, Inc. 0.00% Add +322.3% 44,907 $970K
Bard Financial Services, Inc. 0.07% New 28,000 $605K
Captrust Financial Advisors 0.00% Reduce -0.5% 27,892 $603K
Advisor Resource Council 0.04% New 25,767 $557K
Osaic Holdings, Inc. 0.00% Reduce -60.3% 22,068 $477K
CreativeOne Wealth, LLC 0.01% Reduce -68.8% 19,340 $418K
Scotia Capital Inc. 0.00% Add +22.9% 17,677 $382K
Atria Wealth Solutions, Inc. 0.00% New 17,500 $378K
Security National Bank 0.07% No change 16,030 $346K
Compound Planning, Inc. 0.02% New 15,316 $331K
Royal Bank of Canada 0.00% Add +490.7% 14,880 $322K
Insigneo Advisory Services, LLC 0.03% Reduce -2.5% 14,223 $307K
Verity Asset Management, Inc. 0.12% New 13,557 $293K
Commonwealth Equity Services, LLC 0.00% Reduce -8.9% 13,362 $289K
Quotient Wealth Partners, LLC 0.01% New 13,262 $287K
HRT Financial LP 0.00% Reduce -14.3% 12,927 $279K
StoneX Group Inc. 0.01% New 12,606 $272K
Marathon Trading Investment Management LLC 0.13% New 11,000 $238K
Barclays PLC 0.00% Reduce -88.1% 10,965 $237K
Two Sigma Securities, LLC 0.04% Reduce -52.4% 10,728 $232K
Inscription Capital, LLC 0.04% — 15,000 $219K
US Bancorp \de 0.00% No change 8,381 $181K
Transce3nd, LLC 0.08% Reduce -0.3% 8,111 $175K
Cwm, LLC 0.00% Reduce -46.0% 6,446 $139K
SG Americas Securities, LLC 0.00% Reduce -64.8% 5,600 $121K
Headlands Technologies LLC 0.01% Reduce -89.5% 4,132 $89K
TD Waterhouse Canada Inc. 0.00% No change 3,122 $65K
Comerica Bank 0.00% Add +1412.9% 2,693 $58K
NewEdge Advisors, LLC 0.00% No change 2,112 $46K
Parallel Advisors, LLC 0.00% No change 2,000 $43K
Mountain Hill Investment Partners Corp. 0.04% No change 1,875 $41K
CIBC Private Wealth Group LLC 0.00% Reduce -10.1% 1,510 $28K
Clearstead Advisors, LLC 0.00% Reduce -92.8% 1,000 $22K
MAI Capital Management 0.00% No change 618 $13K
Harbour Investments, Inc. 0.00% Add +700.0% 416 $9K
Quent Capital, LLC 0.00% No change 374 $8K
Northwestern Mutual Wealth Management Co. 0.00% New 314 $7K
Financial Management Professionals, Inc. 0.00% No change 250 $5K
Steward Partners Investment Advisory, LLC 0.00% No change 250 $5K
Lanark Financial, Inc. 0.00% — 250 $5K
Chilton Capital Management LLC 0.00% No change 208 $4K
Cheviot Value Management, LLC 0.00% New 240 $4K
Safe Harbor Fiduciary, LLC 0.00% No change 150 $3K
PNC Financial Services Group, Inc. 0.00% No change 125 $3K
Mirae Asset Global Investments Co., Ltd. 0.00% Reduce -3.9% 125 $3K
Farther Finance Advisors, LLC 0.00% No change 100 $2K
Colonial Trust Advisors 0.00% No change 75 $2K
Bank of America Corp. 0.00% Reduce -100.0% 50 $1K
Larson Financial Group LLC 0.00% No change 48 $1K
Asset Dedication, LLC 0.00% No change 20 $433
New England Capital Financial Advisors LLC 0.00% No change 18 $389
Jones Financial Companies LLLP 0.00% Reduce -43.8% 18 $384
National Bank of Canada 0.00% Reduce -98.6% 11 $237
Allworth Financial LP 0.00% No change 12 $186
Tower Research Capital LLC (TRC) 0.00% Reduce -100.0% 8 $173
Sunbelt Securities, Inc. 0.00% No change 4 $86
Federation des caisses Desjardins du Quebec 0.00% No change 4 $86
AdvisorNet Financial, Inc 0.00% No change 1 $22
Avenir Tech Ltd 0.00% New 1 $22

"% of holder's portfolio" is UNG's weight in each manager's 13F, not the share of US Natural Gas Fund LP the manager owns.