Salem Investment Counselors’s United States Oil Fund USO Stock Holding History

Salem Investment Counselors’s Portfolio USO Stock Details USO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-150	Closed	-$11K	–	1257
2025 Q2	$11K	Hold	150	–	–	﹤0.01%	843
2025 Q1	$11.6K	Hold	150	–	–	﹤0.01%	814
2024 Q4	$11.3K	Sell	150 -150	-50%	-$11K	﹤0.01%	814
2024 Q3	$21K	Sell	300 -200	-40%	-$15K	﹤0.01%	721
2024 Q2	$39.8K	Hold	500	–	–	﹤0.01%	613
2024 Q1	$39.4K	Hold	500	–	–	﹤0.01%	599
2023 Q4	$33.3K	Hold	500	–	–	﹤0.01%	621
2023 Q3	$40.4K	Hold	500	–	–	﹤0.01%	557
2023 Q2	$31.8K	Hold	500	–	–	﹤0.01%	609
2023 Q1	$33.2K	Hold	500	–	–	﹤0.01%	607
2022 Q4	$35.1K	Hold	500	–	–	﹤0.01%	571
2022 Q3	$33K	Hold	500	–	–	﹤0.01%	553
2022 Q2	$40K	Hold	500	–	–	﹤0.01%	541
2022 Q1	$37K	Sell	500 -125	-20%	-$8.41K	﹤0.01%	560
2021 Q4	$34K	Buy	+625	New	+$34K	﹤0.01%	623

Other funds holding USO

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

HFM

Harvest Fund Management Beijing, China $2.35B AUM 49.85% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Hartree Partners New York $467M AUM 66.71% 1-Year Est. Return

Quadrature Capital London, United Kingdom $8.4B AUM 63.34% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Simplex Trading Chicago, Illinois $149B AUM 62.07% 1-Year Est. Return

Salem Investment Counselors's USO Position: Q3 2025 in Review

Salem Investment Counselors sold out of United States Oil Fund (USO) in Q3 2025, closing a stake of 150 shares — an estimated $11K sold.

Salem Investment Counselors first reported a position in USO in Q4 2021 and held it in 15 quarters. The position peaked at $40.4K in Q3 2023. 144 funds tracked by Wall St. Rank hold USO as of Q3 2025.

Salem Investment Counselors reported no remaining United States Oil Fund position as of Q3 2025 after selling out during the quarter.
Salem Investment Counselors sold 150 United States Oil Fund shares in Q3 2025, an estimated $11K.
Salem Investment Counselors first reported a position in United States Oil Fund in Q4 2021 and held it in 15 quarters.
Salem Investment Counselors's United States Oil Fund position peaked at $40.4K in Q3 2023.
144 funds tracked by Wall St. Rank held United States Oil Fund as of Q3 2025.

Based on Salem Investment Counselors's 13F filing for Q3 2025, filed 7 Oct 2025.