US Commodity Index
USCI
54 hedge funds and large institutions have $83.9M invested in US Commodity Index in 2025 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 4 closing their positions.
267% more call options, than puts
Call options by funds: $3.38M | Put options by funds: $922K
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
6% more funds holding
Funds holding: 51 → 54 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $85.4M → $83.9M (-$1.52M)
1.76% less ownership
Funds ownership: 36.46% → 34.7% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.46M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.01M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.35M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.02M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$527K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.58M |
| 2 |
Jane Street
New York
|
-$1.77M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.51M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.42M |
| 5 |
Belvedere Trading
Chicago,
Illinois
|
-$203K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFA
51
Farther Finance Advisors
San Francisco,
California
| $3.66K | – | – | – |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3.66K | – | – | – |
|
|
PS
53
Principal Securities
Des Moines,
Iowa
| $3.3K | +$3.19K | +45 | New |
|
54
Fidelity Investments
Boston,
Massachusetts
| $2.79K | – | – | – |
|
|
TFA
55
Toth Financial Advisory
Leesburg,
Virginia
| $1.83K | – | – | – |
|
|
56
Jane Street
New York
| – | -$1.77M | -24,540 | Closed |
|
|
57
Belvedere Trading
Chicago,
Illinois
| – | -$203K | -2,810 | Closed |
|
|
LWANC
58
Laurel Wealth Advisors (North Carolina)
Charlotte,
North Carolina
| – | -$14.4K | -200 | Closed |
|
|
KGP
59
Keystone Global Partners
Denver,
Colorado
| – | -$72 | -1 | Closed |
|
USCI Hedge Fund Activity: Q2 2025 in Review
54 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in US Commodity Index (USCI) for Q2 2025, worth a combined $83.9M — down 1.8% from $85.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new USCI positions and 4 closed out — a net gain of 3 holders — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.46M. The largest seller was Ameriprise, cutting an estimated $6.58M.
- 54 institutional investors held US Commodity Index (USCI) as of Q2 2025, up from 51 in Q1 2025.
- Funds reported $83.9M of US Commodity Index stock for Q2 2025, down 1.8% quarter-over-quarter.
- 7 funds opened new US Commodity Index positions in Q2 2025 and 4 closed out, a net change of +3 holders.
- The largest US Commodity Index buyer in Q2 2025 was Wells Fargo, an estimated $2.46M added.
- The largest US Commodity Index seller in Q2 2025 was Ameriprise, an estimated $6.58M sold.
Based on aggregated 13F filings for Q2 2025.