UNG · United States Natural Gas Fund, LP

$10.36 -0.07 (-0.67%)

Market Cap

$494.95M

47.55M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Quarter:

Holders: 93

Total Value: $233,306,895

Total Shares: 19,915,989

Showing 1–100 of 102 holdings by value · page 1 of 2

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 93 13F filers · Δ vs Mar 31, 2026

Top Holder

51.1%

+13.5 pts

Top 5

83.1%

+6.2 pts

Top 10

90.2%

+4.1 pts

HHI

3,010

Highly concentrated+1,077

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -10

Institutional value: +9.5%

Shares held: +9.6%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP	+3,348,549	10,174,436
Mega UBS Group AG	+240,113	414,784
Mega CITADEL ADVISORS LLC	+233,400	3,424,200
Mid GROUP ONE TRADING LLC	+124,916	218,171
Mega MORGAN STANLEY	+41,969	240,947

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega JANE STREET GROUP, LLC	−598,982	1,490,418
Mega WELLS FARGO & COMPANY/MN	−234,496	312,861
Mega JPMORGAN CHASE & CO	−160,824	157,791
Large Kestra Advisory Services, LLC	−154,786	33,544
Mega LPL Financial LLC	−46,666	160,545

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Large Quadrature Capital Ltd	445,945	$5,226,475
Large REGIONS FINANCIAL CORP	180,194	$2,111,873
Small Clare Market Investments LLC	68,100	$798,132
Mid Integrated Wealth Concepts LLC	33,998	$398,456
Small Centric Wealth Management	20,000	$234,400

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mid Jump Financial, LLC	856,003	$10,040,915
Mid BlueCrest Capital Management Ltd	375,000	$4,398,750
Mid Virtu Financial LLC	205,851	$2,414,632
Large MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	98,500	$1,155,405
Small FLOW TRADERS U.S. LLC	94,897	$1,113,141

Filter: New 14 Increased 24 Reduced 25 Sold out 24 Unchanged 30

Showing 100 of 102

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$93,928,768

40.26%

8,014,400

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	8,014,400	$93,928,768	100.0%	Other

CITADEL ADVISORS LLC

$30,803,676

13.20%

2,628,300

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	2,628,300	$30,803,676	100.0%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$22,119,156

9.48%

1,887,300

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	1,887,300	$22,119,156	100.0%	Other

GOLDMAN SACHS GROUP INC

$11,721,324

5.02%

1,000,113

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	1,000,113	$11,721,324	100.0%	Defined

CITADEL ADVISORS LLC

$9,327,948

4.00%

795,900

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	795,900	$9,327,948	100.0%	Defined

JANE STREET GROUP, LLC

$8,561,460

3.67%

730,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	730,500	$8,561,460	100.0%	Defined

JANE STREET GROUP, LLC

$8,348,156

3.58%

712,300

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	712,300	$8,348,156	100.0%	Defined

Quadrature Capital Ltd

$5,226,475

2.24%

445,945

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Quadrature US Inc.	445,945	$5,226,475	100.0%	Other

UBS Group AG

$3,689,267

1.58%

314,784

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	224,045	$2,625,807	71.2%	Defined
UBS AG	74,945	$878,355	23.8%	Defined
UBS Securities LLC	15,794	$185,105	5.0%	Defined

WELLS FARGO & COMPANY/MN

$3,666,730

1.57%

312,861

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	223,002	$2,613,583	71.3%	Defined
WELLS FARGO CLEARING SERVICES, LLC	89,859	$1,053,147	28.7%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$3,196,465

1.37%

272,736

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	238,866	$2,799,509	87.6%	Other
G1 EXECUTION SERVICES, LLC	33,870	$396,956	12.4%	Other

MORGAN STANLEY

$2,823,898

1.21%

240,947

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO. LLC	166,960	$1,956,771	69.3%	Defined
MORGAN STANLEY SMITH BARNEY LLC	22,828	$267,544	9.5%	Defined
Morgan Stanley Strategic Investments, Inc	51,059	$598,411	21.2%	Defined
Held directly	100	$1,172	0.0%	Defined

Jefferies Financial Group Inc.

$2,637,000

1.13%

225,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JEFFERIES LLC	225,000	$2,637,000	100.0%	Defined

GROUP ONE TRADING LLC

$2,556,964

1.10%

218,171

REGIONS FINANCIAL CORP

$2,111,873

0.91%

180,194

LPL Financial LLC

$1,881,587

0.81%

160,545

JPMORGAN CHASE & CO

$1,849,310

0.79%

157,791

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities LLC	157,791	$1,849,310	100.0%	Defined

Daiwa Securities Group Inc.

$1,739,165

0.75%

148,393

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Daiwa Asset Management Co. Ltd	148,393	$1,739,165	100.0%	Sole

CITIGROUP INC

$1,406,493

0.60%

120,008

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citibank, N.A. joint	55,008	$644,693	45.8%	Defined
Citigroup Financial Products Inc. joint	65,000	$761,800	54.2%	Defined

UBS Group AG

$1,172,000

0.50%

100,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS AG	100,000	$1,172,000	100.0%	Defined

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC

$1,002,212

0.43%

85,513

Clare Market Investments LLC

$798,132

0.34%

68,100

AmeriServ Wealth Advisors

$703,200

0.30%

60,000

Realta Investment Advisors

$627,148

0.27%

53,511

Cornerstone Wealth Management, LLC

$600,286

0.26%

51,219

SCOTIA CAPITAL INC.

$596,219

0.26%

50,872

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF NOVA SCOTIA	50,872	$596,219	100.0%	Defined

SG Americas Securities, LLC

$588,461

0.25%

50,210

JANE STREET GROUP, LLC

$558,082

0.24%

47,618

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	47,618	$558,082	100.0%	Defined

CreativeOne Wealth, LLC

$500,033

0.21%

42,665

NATIXIS

$477,590

0.20%

40,750

COMMONWEALTH EQUITY SERVICES, LLC

$465,588

0.20%

39,726

Marex Group plc

$444,867

0.19%

37,958

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Marex Financial	37,958	$444,867	100.0%	Defined

Cetera Investment Advisers

$436,066

0.19%

37,207

MILLENNIUM MANAGEMENT LLC

$423,092

0.18%

36,100

Mariner, LLC

$422,974

0.18%

36,090

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mariner Platform Solutions, LLC	11,400	$133,608	31.6%	Other
Held directly	24,690	$289,366	68.4%	Sole

MILLENNIUM MANAGEMENT LLC

$401,996

0.17%

34,300

Integrated Wealth Concepts LLC

$398,456

0.17%

33,998

Compound Planning, Inc.

$394,167

0.17%

33,632

Kestra Advisory Services, LLC

$393,135

0.17%

33,544

OSAIC HOLDINGS, INC.

$322,323

0.14%

27,502

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	22,617	$265,071	82.2%	Defined
Osaic Advisory Services, LLC	4,885	$57,252	17.8%	Defined

Focus Partners Advisor Solutions, LLC

$293,000

0.13%

25,000

INSIGNEO ADVISORY SERVICES, LLC

$287,245

0.12%

24,509

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SEAVIEW INVESTMENT MANAGERS LLC	1,650	$19,338	6.7%	Other
Held directly	22,859	$267,907	93.3%	Sole

HighTower Advisors, LLC

$279,463

0.12%

23,845

Vanguard Capital Wealth Advisors

$275,420

0.12%

23,500

IHT Wealth Management, LLC

$249,929

0.11%

21,325

Centric Wealth Management

$234,400

0.10%

20,000

Steward Partners Investment Advisory, LLC

$230,309

0.10%

19,651

MAI Capital Management

$201,736

0.09%

17,213

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
EVOKE WEALTH, LLC	16,600	$194,552	96.4%	Defined
Held directly	613	$7,184	3.6%	Sole

Sigma Planning Corp

$178,542

0.08%

15,234

Axiom Investment Management LLC

$173,451

0.07%

14,800

CHIRON CAPITAL MANAGEMENT, LLC

$152,395

0.07%

13,003

PFG Investments, LLC

$152,207

0.07%

12,987

TWO SIGMA SECURITIES, LLC

$151,809

0.07%

12,953

Advisory Services Network, LLC

$139,315

0.06%

11,887

Prospera Financial Services Inc

$136,971

0.06%

11,687

Clearstead Advisors, LLC

$117,200

0.05%

10,000

Global Retirement Partners, LLC

$105,901

0.05%

9,036

BNP PARIBAS ARBITRAGE, SA

$101,295

0.04%

8,643

PRIVATE TRUST CO NA

$70,320

0.03%

6,000

US BANCORP \DE\

$46,880

0.02%

4,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
US BANK NATIONAL ASSOCIATION	4,000	$46,880	100.0%	Other

Larson Financial Group LLC

$43,844

0.02%

3,741

Main Street Group, LTD

$41,840

0.02%

3,570

ROYAL BANK OF CANADA

$41,499

0.02%

3,541

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	3,337	$39,109	94.2%	Defined
RBC Dominion Securities Inc.	204	$2,390	5.8%	Defined

BARCLAYS PLC

$40,490

0.02%

3,455

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	8	$93	0.2%	Defined
BARCLAYS CAPITAL INC.	43	$503	1.2%	Defined
BARCLAYS CAPITAL SECURITIES LTD	19	$222	0.5%	Defined
Barclays Bank (Suisse) SA	3,385	$39,672	98.0%	Defined

FIFTH THIRD BANCORP

$35,160

0.02%

3,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fifth Third Bank, National Association	3,000	$35,160	100.0%	Defined

COMPASS FINANCIAL MANAGEMENT LLC

$25,514

0.01%

2,177

NewEdge Advisors, LLC

$23,076

0.01%

1,969

IFS Advisors, LLC

$20,803

0.01%

1,775

HARBOUR INVESTMENTS, INC.

$19,513

0.01%

1,665

Rockefeller Capital Management L.P.

$13,888

0.01%

1,185

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ROCKEFELLER FINANCIAL LLC	1,185	$13,888	100.0%	Defined

SIGNATUREFD, LLC

$11,720

0.01%

1,000

Creative Planning

$8,750

0.00%

10,000

Spire Wealth Management

$8,239

0.00%

703

NBC SECURITIES, INC.

$7,735

0.00%

660

Financial Management Professionals, Inc.

$5,906

0.00%

504

Cullen/Frost Bankers, Inc.

$5,860

0.00%

500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Frost Bank - FWA	500	$5,860	100.0%	Defined

Hilltop National Bank

$5,860

0.00%

500

Signature Equity Partners, LLC

$5,438

0.00%

464

Farther Finance Advisors, LLC

$5,063

0.00%

432

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC

$4,688

0.00%

400

Quent Capital, LLC

$4,383

0.00%

374

Arax Advisory Partners

$4,219

0.00%

360

Creative Planning

$4,160

0.00%

355

Parallel Advisors, LLC

$3,375

0.00%

288

Cheviot Value Management, LLC

$2,812

0.00%

240

CHILTON CAPITAL MANAGEMENT LLC

$2,437

0.00%

208

HUNTINGTON NATIONAL BANK

$2,344

0.00%

200

Legacy Bridge, LLC

$1,465

0.00%

125

Mirae Asset Global Investments Co., Ltd.

$1,347

0.00%

115

Triumph Capital Management

$1,172

0.00%

100

NATIONAL BANK OF CANADA /FI/

$996

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
National Bank Financial Inc.	85	$996	100.0%	Defined

Colonial Trust Advisors

$879

0.00%

Tower Research Capital LLC (TRC)

$879

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Tower Research Capital Investments LLC	75	$879	100.0%	Other

UMB Bank, n.a.

$586

0.00%

INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC

$445

0.00%

BESSEMER GROUP INC

$269

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BESSEMER TRUST Co NATIONAL ASSOCIATION	23	$269	100.0%	Defined

New England Capital Financial Advisors LLC

$210

0.00%

Strategic Wealth Partners, Ltd.

$210

0.00%

COUNTRY TRUST BANK

$140

0.00%

ASSETMARK, INC

$70

0.00%

Key facts CIK 1376227 CUSIP 912318409 13F (30d) 70 filings 70 filers Visit website