Vault-13

UNITED STS GASOLINE FD LP UGA

UNITS · ETP · CUSIP 91201T102

33 institutional holders -6 vs Q4 2022
294,181294.2k shares reported held*
$17.9mreported value*
4 new 3 added 18 reduced 10 sold out net sold ≈ $12.3m (-201.6k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $60.77. Options: 9 managers hold calls ($22.9m notional), 9 hold puts ($5.7m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 35Q4 22: 39Q1 23: 3333Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202235
Q4 202239
Q1 202333

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 16 bought or addedQ4 22: 17 cut or sold outQ4 22Q1 23: 7 bought or addedQ1 23: 28 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221617
Q1 2023728

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30m$40mQ3 22 calls: $24.0mQ3 22 puts: $22.4mQ3 22P/C 0.93Q4 22 calls: $34.1mQ4 22 puts: $14.4mQ4 22P/C 0.42Q1 23 calls: $22.9mQ1 23 puts: $5.7mQ1 23P/C 0.25
Numbers
QuarterCallsPutsP/C
Q3 2022$24.0m$22.4m0.93
Q4 2022$34.1m$14.4m0.42
Q1 2023$22.9m$5.7m0.25

Biggest buyers

CITADEL ADVISORS LLC Added +13,460+13.5k
Pettinga Financial Advisors LLC New +9,671+9.7k
LPL Financial LLC Added +7,437+7.4k
Capital CS Group, LLC New +4,000+4.0k
ROYAL BANK OF CANADA Added +1,921+1.9k
U S GLOBAL INVESTORS INC New +350+350
Ameritas Advisory Services, LLC New +10+10

Biggest sellers

UBS Group AG Reduced -33,234-33.2k
ENVESTNET ASSET MANAGEMENT INC Sold out -33,232-33.2k
WELLS FARGO & COMPANY/MN Reduced -30,842-30.8k
AMERIPRISE FINANCIAL INC Reduced -23,728-23.7k
SIMPLEX TRADING, LLC Sold out -16,460-16.5k
MML INVESTORS SERVICES, LLC Sold out -16,362-16.4k
STIFEL FINANCIAL CORP Sold out -16,105-16.1k
Prospera Financial Services Inc Sold out -11,923-11.9k
OSAIC HOLDINGS, INC. Reduced -11,177-11.2k
LAFFER TENGLER INVESTMENTS, INC. Sold out -10,124-10.1k

Biggest calls

JANE STREET GROUP, LLC Added $12.5m206.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.5m139.5k shares
WOLVERINE TRADING, LLC Reduced $887.0k14.9k shares
CITADEL ADVISORS LLC Reduced $784.2k12.9k shares
Ancora Advisors LLC Unchanged $85.0k2.0k shares
SIMPLEX TRADING, LLC Reduced $72.0k1.2k shares
GROUP ONE TRADING LLC Reduced $60.8k1.0k shares
Cutler Group LLC / CA Added $5.0k1.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.7m43.9k shares
CITADEL ADVISORS LLC Reduced $2.0m32.2k shares
WOLVERINE TRADING, LLC Added $506.0k8.5k shares
SIMPLEX TRADING, LLC Reduced $249.0k4.1k shares
JANE STREET GROUP, LLC Reduced $231.0k3.8k shares
Ancora Advisors LLC Unchanged $85.0k2.0k shares
GROUP ONE TRADING LLC Reduced $6.1k100 shares
Cutler Group LLC / CA Added $3.0k1.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q1 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 58,77658.8k $3.6m $3.6m 0.01% Reduced -11.2k -11,177
2 Capital Wealth Alliance, LLC 2.59% of their portfolio Scottsdale, AZ 52,77552.8k $3.2m $3.2m 2.59% Reduced -2.4k -2,365
3 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 44,63044.6k $2.7m $2.7m 0.00% Reduced -2.1k -2,061
4 Pinnacle Wealth Planning Services, Inc. 0.19% of their portfolio MANSFIELD, OH 19,00019.0k $1.2m $1.2m 0.19% Unchanged
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 17,94017.9k $1.1m $1.1m 0.00% Added +7.4k +7,437
6 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 16,61116.6k $1.0m $1.0m 0.00% Added +13.5k +13,460
7 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 13,33913.3k $810.8k $810.8k 0.02% Reduced -5.9k -5,854
8 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 10,19910.2k $620.0k $620.0k 0.00% Reduced -30.8k -30,842
9 Pettinga Financial Advisors LLC 0.18% of their portfolio EVANSVILLE, IN 9,6719.7k $587.9k $587.9k 0.18% New
10 Parallax Volatility Advisers, L.P. 0.02% of their portfolio San Francisco, CA 8,4118.4k $511.3k $511.3k 0.02% Unchanged
11 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 7,4647.5k $453.7k $453.7k 0.01% Reduced -380 -380
12 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 6,0956.1k $370.5k $370.5k 0.00% Reduced -23.7k -23,728
13 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 5,7235.7k $347.0k $347.0k 0.00% Reduced -408 -408
14 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 4,9144.9k $298.7k $298.7k 0.00% Reduced -391 -391
15 Capital CS Group, LLC 0.23% of their portfolio IRVINE, CA 4,0004.0k $243.2k $243.2k 0.23% New
16 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 3,3913.4k $206.0k $206.0k 0.00% Reduced -6.6k -6,639
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,9753.0k $180.8k $180.8k 0.00% Reduced -33.2k -33,234
18 CENTAURUS FINANCIAL, INC. 0.01% of their portfolio ANAHEIM, CA 2,6882.7k $163.0k $163.0k 0.01% Reduced -223 -223
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,0992.1k $128.0k $128.0k 0.00% Added +1.9k +1,921
20 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 849849 $51.6k $51.6k 0.00% Unchanged
21 Rosenberg Matthew Hamilton 0.02% of their portfolio GRAND JUNCTION, CO 814814 $49.5k $49.5k 0.02% Unchanged
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 416416 $25.0k $25.0k 0.00% Reduced -56 -56
23 Cutler Group LLC / CA 0.00% of their portfolio SAN FRANCISCO, CA 400400 $24.0k $24.0k 0.00% Reduced -221 -221
24 U S GLOBAL INVESTORS INC 0.00% of their portfolio SAN ANTONIO, TX 350350 $21.3k $21.3k 0.00% New
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 205205 $12.5k $12.5k 0.00% Unchanged
26 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 100100 $6.1k $6.1k 0.00% Reduced -50 -50
27 BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio ST. LOUIS, MO 100100 $6.0k $6.0k 0.00% Unchanged
28 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 100100 $6.1k $6.1k 0.00% Reduced -64 -64
29 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 8484 $5.1k $5.1k 0.00% Unchanged
30 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 5050 $1.7k $1.7k 0.00% Reduced -1 -1
31 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 1010 $603 $603 0.00% New
32 Castleview Partners, LLC 0.00% of their portfolio DALLAS, TX 22 $122 $122 0.00% Unchanged
33 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Reduced -1.0k -1,036