$UNG

$9.48 -$0.08 (0.84%) Live

$UNG Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 47.5M shares outstanding

Who owns UNG?

By type of holder

Institutions 100.0% Everyone else 0.0%

No insider has reported a holding in the last two years, so insiders are counted in "Everyone else".

Concentration Top 10 holders own 264.3%

BlackRock, Inc. 66.4% · Pzena Investment Management LLC 32.2%

Institutional ownership

100.0%

0 pts vs last qtr

Institutional holders

394

+12 vs last qtr

Net shares bought

+65.0M

by institutions in Q2 2026

New / sold out

81 / 69

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

BlackRock, Inc. +12.2M
Pzena Investment Management LLC +11.5M

Biggest sellers in Q2 2026

Boston Partners SOLD OUT −6.7M
Apollo Management Holdings, L.P. SOLD OUT −2.6M

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for United States Natural Gas Fund, LP in the last 12 months.

Is your stake being diluted?

There are not yet two fiscal years of reported share counts for United States Natural Gas Fund, LP.

How patient are the owners?

Institutional shares by how long they've been held

5+ years5% 3–5 years58% 1–3 years15% Under 1 year22%

Quarterly turnover

36.2%

of institutional shares changed hands

Top 10 managers, median time held

3.5 years

Super Investors

Investment managers reporting UNG on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
B BlackRock, Inc.	31.6M	66.37%	+12.2M (+63.1%)	2022	0.0%
Shares held by quarter Peak holding31.6M (Q2'26) Change over 8 quarters+11.5M Share of the company66.370% BlackRock, Inc.'s full portfolio →
PI Pzena Investment Management LLC	15.3M	32.24%	+11.5M (+301.9%)	2022	0.5%
Shares held by quarter Peak holding15.3M (Q2'26) Change over 8 quarters+12.5M Share of the company32.240% Pzena Investment Management LLC's full portfolio →

BlackRock, Inc.

31.6M

% of company

66.37%

Change vs last qtr

+12.2M (+63.1%)

Held since

2022

Pzena Investment Management LLC

15.3M

% of company

32.24%

Change vs last qtr

+11.5M (+301.9%)

Held since

2022

28 more super investors behind a free account

See every manager holding United States Natural Gas Fund, LP, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting UNG on Form N-PORT; together they hold 181.2% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
IC iShares Core S&P Small-Cap ETF iShares Trust	$127M	12.3M	25.91%	0.11%	June 30, 2026
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$63.2M	6.1M	12.93%	0.00%	June 30, 2026

iShares Core S&P Small-Cap ETF

iShares Trust

Position value

$127M

% of company

25.91%

% of the fund

0.11%

As of

June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$63.2M

% of company

12.93%

% of the fund

0.00%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding United States Natural Gas Fund, LP and how much of the fund the position is.

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