ProShares Ultra Bloomberg Crude Oil
UCO
45 hedge funds and large institutions have $43.9M invested in ProShares Ultra Bloomberg Crude Oil in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 16 closing their positions.
111% more capital invested
Capital invested by funds: $20.8M → $43.9M (+$23.1M)
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
3.35% more ownership
Funds ownership: 3.48% → 6.83% (+3.3%)
13% less funds holding
Funds holding: 52 → 45 (-7)
24% less call options, than puts
Call options by funds: $24.4M | Put options by funds: $32.2M
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$23.9M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$10.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$940K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$874K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$687K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.14M |
| 2 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
-$1.45M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$1.03M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$898K |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
-$492K |
UCO Hedge Fund Activity: Q4 2023 in Review
45 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Bloomberg Crude Oil (UCO) for Q4 2023, worth a combined $43.9M — up 111% from $20.8M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of UCO and 10 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Jane Street, adding an estimated $23.9M. The largest seller was Bank of Montreal, exiting entirely with an estimated $2.14M sold.
- 45 institutional investors held ProShares Ultra Bloomberg Crude Oil (UCO) as of Q4 2023, down from 52 in Q3 2023.
- Funds reported $43.9M of ProShares Ultra Bloomberg Crude Oil stock for Q4 2023, up 111% quarter-over-quarter.
- 10 funds opened new ProShares Ultra Bloomberg Crude Oil positions in Q4 2023 and 16 closed out, a net change of -6 holders.
- The largest ProShares Ultra Bloomberg Crude Oil buyer in Q4 2023 was Jane Street, an estimated $23.9M added.
- The largest ProShares Ultra Bloomberg Crude Oil seller in Q4 2023 was Bank of Montreal, an estimated $2.14M sold.
Based on aggregated 13F filings for Q4 2023.