US Commodity Index
USCI
53 hedge funds and large institutions have $85.7M invested in US Commodity Index in 2025 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 7 closing their positions.
754% more call options, than puts
Call options by funds: $743K | Put options by funds: $87K
251% more capital inflows, than outflows
Capital inflows: $29M | Capital outflows: $8.24M
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
6% more funds holding
Funds holding: 50 → 53 (+3)
5.74% more ownership
Funds ownership: 30.85% → 36.59% (+5.7%)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambria Investment Management
Manhattan Beach,
California
|
+$8.26M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.74M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.82M |
| 4 |
Morgan Stanley
New York
|
+$2.23M |
| 5 |
MATAURO
New York
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.25M |
| 2 |
Flow Traders U.S.
New York
|
-$2.35M |
| 3 |
Jane Street
New York
|
-$840K |
| 4 |
Kestra Advisory Services
Austin,
Texas
|
-$518K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$363K |
USCI Hedge Fund Activity: Q1 2025 in Review
53 of the 7,486 institutional investors tracked by Wall St. Rank reported a position in US Commodity Index (USCI) for Q1 2025, worth a combined $85.7M — up 45% from $59M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new USCI positions and 7 closed out — a net gain of 3 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Cambria Investment Management, opening a new position worth an estimated $8.26M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $3.25M sold.
- 53 institutional investors held US Commodity Index (USCI) as of Q1 2025, up from 50 in Q4 2024.
- Funds reported $85.7M of US Commodity Index stock for Q1 2025, up 45% quarter-over-quarter.
- 10 funds opened new US Commodity Index positions in Q1 2025 and 7 closed out, a net change of +3 holders.
- The largest US Commodity Index buyer in Q1 2025 was Cambria Investment Management, an estimated $8.26M added.
- The largest US Commodity Index seller in Q1 2025 was Susquehanna International Group, an estimated $3.25M sold.
Based on aggregated 13F filings for Q1 2025.