UNG

United States Natural Gas Fund, LP

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Financials · Commodity Contracts Brokers & Dealers · CIK 1376227

$9.93

+0.13 (+1.33%)

USD · as of 2026-07-29 · marketstack

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Institutional ownership· 13F filers holding UNG · 2026-Q1 methodology → sources →

96 holders

% of shares outstanding held

—

Shares held (13F)

5,761,629

Reporting holders

Top holders

largest 96 of 96 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	GOLDMAN SACHS GROUP INC	1,000,1131.0M	$12M	—	ADD 212%
2	Jump Financial, LLC	856,003856,003	$10M	—	NEW
3	WELLS FARGO & COMPANY/MN	547,357547,357	$6M	—	ADD 128%
4	JPMORGAN CHASE & CO	318,615318,615	$4M	—	ADD 117%
5	LPL Financial LLC	207,211207,211	$2M	—	ADD 63%
6	Virtu Financial LLC	205,851205,851	$2M	—	NEW
7	Jefferies Financial Group Inc.	200,000200,000	$2M	—	NEW
8	SUSQUEHANNA INTERNATIONAL GROUP, LLP	199,587199,587	$2M	—	TRIM -28%
9	MORGAN STANLEY	198,978198,978	$2M	—	TRIM -70%
10	UBS Group AG	174,671174,671	$2M	—	ADD 79%
11	Daiwa Securities Group Inc.	163,293163,293	$2M	—	ADD 24%
12	Kestra Advisory Services, LLC	160,830160,830	$2M	—	ADD 13%
13	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	98,50098,500	$1M	—	NEW
14	FLOW TRADERS U.S. LLC	94,89794,897	$1M	—	ADD 484%
15	GROUP ONE TRADING LLC	93,25593,255	$1M	—	ADD 149%
16	CITIGROUP INC	86,46886,468	$1M	—	TRIM -31%
17	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	84,31384,313	$956,953	—	—
18	CIBC WORLD MARKET INC.	71,00071,000	$832,830	—	ADD 90%
19	AmeriServ Wealth Advisors	60,00060,000	$703,800	—	—
20	Realta Investment Advisors	56,00056,000	$656,880	—	ADD 14%
21	SG Americas Securities, LLC	53,21053,210	$624,000	—	ADD 51%
22	CreativeOne Wealth, LLC	42,66542,665	$500,460	—	TRIM -14%
23	Marex Group plc	40,94340,943	$480,261	—	TRIM -22%
24	NATIXIS	40,75040,750	$477,998	—	NEW
25	OSAIC HOLDINGS, INC.	40,64140,641	$476,669	—	TRIM -19%
26	Marathon Trading Investment Management LLC	39,92439,924	$468,309	—	NEW
27	Cornerstone Wealth Management, LLC	39,51939,519	$463,558	—	NEW
28	COMMONWEALTH EQUITY SERVICES, LLC	37,52137,521	$440,120	—	ADD 86%
29	Mariner, LLC	36,27436,274	$425,498	—	TRIM -16%
30	COOPER INVESTORS PTY LTD	34,06234,062	$399,547	—	ADD 92%
31	SCOTIA CAPITAL INC.	32,03632,036	$375,780	—	ADD 22%
32	Cetera Investment Advisers	28,37028,370	$332,780	—	TRIM -69%
33	IHT Wealth Management, LLC	26,62526,625	$312,312	—	NEW
34	Compound Planning, Inc.	25,78225,782	$302,419	—	ADD 23%
35	BANK OF MONTREAL /CAN/	25,60025,600	$300,288	—	TRIM -29%
36	Vanguard Capital Wealth Advisors	24,50024,500	$287,385	—	TRIM -17%
37	HRT FINANCIAL LP	22,78622,786	$267,000	—	NEW
38	INSIGNEO ADVISORY SERVICES, LLC	21,20921,209	$248,782	—	ADD 11%
39	Axiom Investment Management LLC	19,50019,500	$228,735	—	NEW
40	TWO SIGMA SECURITIES, LLC	18,66418,664	$218,929	—	TRIM -68%
41	EVOKE WEALTH, LLC	16,60016,600	$194,718	—	ADD 18%
42	Steward Partners Investment Advisory, LLC	15,39615,396	$180,595	—	ADD 646%
43	HighTower Advisors, LLC	14,94514,945	$175,305	—	TRIM -45%
44	Advisory Services Network, LLC	14,71314,713	$172,579	—	TRIM -71%
45	Prospera Financial Services Inc	14,58614,586	$171,070	—	ADD 12%
46	PFG Investments, LLC	13,91213,912	$163,188	—	TRIM -55%
47	Sigma Planning Corp	13,64213,642	$160,021	—	ADD 14%
48	CHIRON CAPITAL MANAGEMENT, LLC	13,60313,603	$159,563	—	NEW
49	MERCER GLOBAL ADVISORS INC /ADV	12,22312,223	$143,376	—	NEW
50	PEAPACK GLADSTONE FINANCIAL CORP	11,57011,570	$136,000	—	NEW
51	Per Stirling Capital Management, LLC.	11,29711,297	$132,514	—	ADD 4%
52	KINGSWOOD WEALTH ADVISORS, LLC	11,00511,005	$129,089	—	TRIM -49%
53	Clearstead Advisors, LLC	10,00010,000	$117,300	—	—
54	Focus Partners Advisor Solutions, LLC	10,00010,000	$117,300	—	NEW
55	BNP PARIBAS FINANCIAL MARKETS	7,9277,927	$92,984	—	ADD 7%
56	ROYAL BANK OF CANADA	7,5387,538	$88,000	—	ADD 41%
57	PRIVATE TRUST CO NA	6,0006,000	$70,380	—	NEW
58	US BANCORP \DE\	4,0004,000	$46,920	—	NEW
59	BARCLAYS PLC	3,8263,826	$44,879	—	TRIM -93%
60	Main Street Group, LTD	3,5703,570	$41,876	—	NEW
61	FIFTH THIRD BANCORP	3,1783,178	$37,272	—	NEW
62	IFS Advisors, LLC	1,7751,775	$20,820	—	—
63	INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC	1,7881,788	$20,419	—	—
64	JONES FINANCIAL COMPANIES LLLP	1,0001,000	$12,280	—	NEW
65	SIGNATUREFD, LLC	1,0001,000	$11,730	—	NEW
66	HARBOUR INVESTMENTS, INC.	976976	$11,448	—	TRIM -8%
67	Sound Income Strategies, LLC	975975	$11,135	—	TRIM -92%
68	Rossby Financial, LCC	900900	$10,278	—	NEW
69	Rockefeller Capital Management L.P.	685685	$8,035	—	—
70	NBC SECURITIES, INC.	660660	$7,741	—	ADD 164%
71	MAI Capital Management	618618	$7,250	—	—
72	Larson Financial Group LLC	516516	$6,053	—	ADD 607%
73	Cullen/Frost Bankers, Inc.	500500	$5,865	—	TRIM -26%
74	Hilltop National Bank	500500	$5,865	—	—
75	CWM, LLC	426426	$4,997	—	—
76	Farther Finance Advisors, LLC	432432	$4,933	—	TRIM -67%
77	Quent Capital, LLC	374374	$4,387	—	—
78	Parallel Advisors, LLC	288288	$3,378	—	—
79	Cheviot Value Management, LLC	240240	$2,815	—	—
80	CHILTON CAPITAL MANAGEMENT LLC	208208	$2,440	—	—
81	Western Wealth Management, LLC	165165	$1,935	—	NEW
82	Legacy Bridge, LLC	125125	$1,467	—	NEW
83	Mirae Asset Global Investments Co., Ltd.	120120	$1,408	—	TRIM -2%
84	Colonial Trust Advisors	7575	$880	—	—
85	Tower Research Capital LLC (TRC)	6363	$739	—	ADD 31%
86	UMB Bank, n.a.	5050	$587	—	—
87	New England Capital Financial Advisors LLC	1818	$212	—	—
88	Strategic Wealth Partners, Ltd.	1818	$211	—	TRIM -42%
89	CURIO WEALTH, LLC	1616	$188	—	—
90	COUNTRY TRUST BANK	1212	$141	—	—
91	Allworth Financial LP	1212	$141	—	—
92	ASSETMARK, INC	66	$70	—	—
93	Sunbelt Securities, Inc.	44	$47	—	—
94	BAYBAN	11	$12	—	—
95	BESSEMER GROUP INC	2323	$0	—	—
96	HANTZ FINANCIAL SERVICES, INC.	66	$0	—	—

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

GOLDMAN SACHS GROUP INC

21K

1.4M

1.2M

921K

321K

1.0M

$12M

Jump Financial, LLC

—

530K

—

564K

—

856K

$10M

WELLS FARGO & COMPANY/MN

350K

316K

221K

219K

240K

547K

$6M

JPMORGAN CHASE & CO

36K

—

62K

441K

147K

319K

$4M

LPL Financial LLC

251K

89K

103K

165K

127K

207K

$2M

Virtu Financial LLC

—

84K

—

383K

—

206K

$2M

Jefferies Financial Group Inc.

—

200K

$2M

SUSQUEHANNA INTERNATIONAL GROUP, LLP

605K

728K

32K

—

279K

200K

$2M

MORGAN STANLEY

171K

1.2M

347K

279K

659K

199K

$2M

UBS Group AG

170K

105K

287K

553K

97K

175K

$2M

Daiwa Securities Group Inc.

87K

71K

93K

122K

132K

163K

$2M

Kestra Advisory Services, LLC

—

80K

142K

161K

$2M

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

—

99K

$1M

FLOW TRADERS U.S. LLC

29K

124K

—

357K

16K

95K

$1M

GROUP ONE TRADING LLC

—

29K

37K

93K

$1M

Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.

Institutional footprint by quarter

Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	96	5,761,629	—	$68M
2025-Q4	96	4,732,482	—	$58M
2025-Q3	91	7,546,495	—	$99M
2025-Q2	81	4,488,229	—	$68M
2025-Q1	78	7,793,373	—	$168M
2024-Q4	86	6,091,785	—	$102M
2024-Q3	103	8,307,311	—	$138M
2024-Q2	102	5,354,342	—	$92M
2024-Q1	97	7,261,726	—	$106M
2023-Q4	10	352,246	—	$2M
2022-Q4	1	14,566	—	$205,381

Short interest has its own tab now — open SI →

Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.

Institutional ownership· 13F filers holding UNG · 2026-Q1 methodology → sources →

96 holders

% of shares outstanding held

—

Shares held (13F)

5,761,629

Reporting holders

Top holders

largest 96 of 96 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	GOLDMAN SACHS GROUP INC	1,000,1131.0M	$12M	—	ADD 212%
2	Jump Financial, LLC	856,003856,003	$10M	—	NEW
3	WELLS FARGO & COMPANY/MN	547,357547,357	$6M	—	ADD 128%
4	JPMORGAN CHASE & CO	318,615318,615	$4M	—	ADD 117%
5	LPL Financial LLC	207,211207,211	$2M	—	ADD 63%
6	Virtu Financial LLC	205,851205,851	$2M	—	NEW
7	Jefferies Financial Group Inc.	200,000200,000	$2M	—	NEW
8	SUSQUEHANNA INTERNATIONAL GROUP, LLP	199,587199,587	$2M	—	TRIM -28%
9	MORGAN STANLEY	198,978198,978	$2M	—	TRIM -70%
10	UBS Group AG	174,671174,671	$2M	—	ADD 79%
11	Daiwa Securities Group Inc.	163,293163,293	$2M	—	ADD 24%
12	Kestra Advisory Services, LLC	160,830160,830	$2M	—	ADD 13%
13	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	98,50098,500	$1M	—	NEW
14	FLOW TRADERS U.S. LLC	94,89794,897	$1M	—	ADD 484%
15	GROUP ONE TRADING LLC	93,25593,255	$1M	—	ADD 149%
16	CITIGROUP INC	86,46886,468	$1M	—	TRIM -31%
17	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	84,31384,313	$956,953	—	—
18	CIBC WORLD MARKET INC.	71,00071,000	$832,830	—	ADD 90%
19	AmeriServ Wealth Advisors	60,00060,000	$703,800	—	—
20	Realta Investment Advisors	56,00056,000	$656,880	—	ADD 14%
21	SG Americas Securities, LLC	53,21053,210	$624,000	—	ADD 51%
22	CreativeOne Wealth, LLC	42,66542,665	$500,460	—	TRIM -14%
23	Marex Group plc	40,94340,943	$480,261	—	TRIM -22%
24	NATIXIS	40,75040,750	$477,998	—	NEW
25	OSAIC HOLDINGS, INC.	40,64140,641	$476,669	—	TRIM -19%
26	Marathon Trading Investment Management LLC	39,92439,924	$468,309	—	NEW
27	Cornerstone Wealth Management, LLC	39,51939,519	$463,558	—	NEW
28	COMMONWEALTH EQUITY SERVICES, LLC	37,52137,521	$440,120	—	ADD 86%
29	Mariner, LLC	36,27436,274	$425,498	—	TRIM -16%
30	COOPER INVESTORS PTY LTD	34,06234,062	$399,547	—	ADD 92%
31	SCOTIA CAPITAL INC.	32,03632,036	$375,780	—	ADD 22%
32	Cetera Investment Advisers	28,37028,370	$332,780	—	TRIM -69%
33	IHT Wealth Management, LLC	26,62526,625	$312,312	—	NEW
34	Compound Planning, Inc.	25,78225,782	$302,419	—	ADD 23%
35	BANK OF MONTREAL /CAN/	25,60025,600	$300,288	—	TRIM -29%
36	Vanguard Capital Wealth Advisors	24,50024,500	$287,385	—	TRIM -17%
37	HRT FINANCIAL LP	22,78622,786	$267,000	—	NEW
38	INSIGNEO ADVISORY SERVICES, LLC	21,20921,209	$248,782	—	ADD 11%
39	Axiom Investment Management LLC	19,50019,500	$228,735	—	NEW
40	TWO SIGMA SECURITIES, LLC	18,66418,664	$218,929	—	TRIM -68%
41	EVOKE WEALTH, LLC	16,60016,600	$194,718	—	ADD 18%
42	Steward Partners Investment Advisory, LLC	15,39615,396	$180,595	—	ADD 646%
43	HighTower Advisors, LLC	14,94514,945	$175,305	—	TRIM -45%
44	Advisory Services Network, LLC	14,71314,713	$172,579	—	TRIM -71%
45	Prospera Financial Services Inc	14,58614,586	$171,070	—	ADD 12%
46	PFG Investments, LLC	13,91213,912	$163,188	—	TRIM -55%
47	Sigma Planning Corp	13,64213,642	$160,021	—	ADD 14%
48	CHIRON CAPITAL MANAGEMENT, LLC	13,60313,603	$159,563	—	NEW
49	MERCER GLOBAL ADVISORS INC /ADV	12,22312,223	$143,376	—	NEW
50	PEAPACK GLADSTONE FINANCIAL CORP	11,57011,570	$136,000	—	NEW
51	Per Stirling Capital Management, LLC.	11,29711,297	$132,514	—	ADD 4%
52	KINGSWOOD WEALTH ADVISORS, LLC	11,00511,005	$129,089	—	TRIM -49%
53	Clearstead Advisors, LLC	10,00010,000	$117,300	—	—
54	Focus Partners Advisor Solutions, LLC	10,00010,000	$117,300	—	NEW
55	BNP PARIBAS FINANCIAL MARKETS	7,9277,927	$92,984	—	ADD 7%
56	ROYAL BANK OF CANADA	7,5387,538	$88,000	—	ADD 41%
57	PRIVATE TRUST CO NA	6,0006,000	$70,380	—	NEW
58	US BANCORP \DE\	4,0004,000	$46,920	—	NEW
59	BARCLAYS PLC	3,8263,826	$44,879	—	TRIM -93%
60	Main Street Group, LTD	3,5703,570	$41,876	—	NEW
61	FIFTH THIRD BANCORP	3,1783,178	$37,272	—	NEW
62	IFS Advisors, LLC	1,7751,775	$20,820	—	—
63	INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC	1,7881,788	$20,419	—	—
64	JONES FINANCIAL COMPANIES LLLP	1,0001,000	$12,280	—	NEW
65	SIGNATUREFD, LLC	1,0001,000	$11,730	—	NEW
66	HARBOUR INVESTMENTS, INC.	976976	$11,448	—	TRIM -8%
67	Sound Income Strategies, LLC	975975	$11,135	—	TRIM -92%
68	Rossby Financial, LCC	900900	$10,278	—	NEW
69	Rockefeller Capital Management L.P.	685685	$8,035	—	—
70	NBC SECURITIES, INC.	660660	$7,741	—	ADD 164%
71	MAI Capital Management	618618	$7,250	—	—
72	Larson Financial Group LLC	516516	$6,053	—	ADD 607%
73	Cullen/Frost Bankers, Inc.	500500	$5,865	—	TRIM -26%
74	Hilltop National Bank	500500	$5,865	—	—
75	CWM, LLC	426426	$4,997	—	—
76	Farther Finance Advisors, LLC	432432	$4,933	—	TRIM -67%
77	Quent Capital, LLC	374374	$4,387	—	—
78	Parallel Advisors, LLC	288288	$3,378	—	—
79	Cheviot Value Management, LLC	240240	$2,815	—	—
80	CHILTON CAPITAL MANAGEMENT LLC	208208	$2,440	—	—
81	Western Wealth Management, LLC	165165	$1,935	—	NEW
82	Legacy Bridge, LLC	125125	$1,467	—	NEW
83	Mirae Asset Global Investments Co., Ltd.	120120	$1,408	—	TRIM -2%
84	Colonial Trust Advisors	7575	$880	—	—
85	Tower Research Capital LLC (TRC)	6363	$739	—	ADD 31%
86	UMB Bank, n.a.	5050	$587	—	—
87	New England Capital Financial Advisors LLC	1818	$212	—	—
88	Strategic Wealth Partners, Ltd.	1818	$211	—	TRIM -42%
89	CURIO WEALTH, LLC	1616	$188	—	—
90	COUNTRY TRUST BANK	1212	$141	—	—
91	Allworth Financial LP	1212	$141	—	—
92	ASSETMARK, INC	66	$70	—	—
93	Sunbelt Securities, Inc.	44	$47	—	—
94	BAYBAN	11	$12	—	—
95	BESSEMER GROUP INC	2323	$0	—	—
96	HANTZ FINANCIAL SERVICES, INC.	66	$0	—	—

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

GOLDMAN SACHS GROUP INC

21K

1.4M

1.2M

921K

321K

1.0M

$12M

Jump Financial, LLC

—

530K

—

564K

—

856K

$10M

WELLS FARGO & COMPANY/MN

350K

316K

221K

219K

240K

547K

$6M

JPMORGAN CHASE & CO

36K

—

62K

441K

147K

319K

$4M

LPL Financial LLC

251K

89K

103K

165K

127K

207K

$2M

Virtu Financial LLC

—

84K

—

383K

—

206K

$2M

Jefferies Financial Group Inc.

—

200K

$2M

SUSQUEHANNA INTERNATIONAL GROUP, LLP

605K

728K

32K

—

279K

200K

$2M

MORGAN STANLEY

171K

1.2M

347K

279K

659K

199K

$2M

UBS Group AG

170K

105K

287K

553K

97K

175K

$2M

Daiwa Securities Group Inc.

87K

71K

93K

122K

132K

163K

$2M

Kestra Advisory Services, LLC

—

80K

142K

161K

$2M

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

—

99K

$1M

FLOW TRADERS U.S. LLC

29K

124K

—

357K

16K

95K

$1M

GROUP ONE TRADING LLC

—

29K

37K

93K

$1M

Institutional footprint by quarter

Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	96	5,761,629	—	$68M
2025-Q4	96	4,732,482	—	$58M
2025-Q3	91	7,546,495	—	$99M
2025-Q2	81	4,488,229	—	$68M
2025-Q1	78	7,793,373	—	$168M
2024-Q4	86	6,091,785	—	$102M
2024-Q3	103	8,307,311	—	$138M
2024-Q2	102	5,354,342	—	$92M
2024-Q1	97	7,261,726	—	$106M
2023-Q4	10	352,246	—	$2M
2022-Q4	1	14,566	—	$205,381

Short interest has its own tab now — open SI →

UNG☆

Institutional ownership· 13F filers holding UNG · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Institutional ownership· 13F filers holding UNG · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

UNG