United States 12 Month Oil Fund,
27 hedge funds and large institutions have $12.6M invested in United States 12 Month Oil Fund, in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 13 reducing their positions, and 5 closing their positions.
8.32% less ownership
Funds ownership: 19.98% → 11.67% (-8.3%)
13% less funds holding
Funds holding: 31 → 27 (-4)
50% less capital invested
Capital invested by funds: $25.3M → $12.6M (-$12.6M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
81% less call options, than puts
Call options by funds: $36K | Put options by funds: $187K
85% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$709K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$242K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$46.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.02M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.76M |
| 3 |
Jane Street
New York
|
-$1.22M |
| 4 |
Morgan Stanley
New York
|
-$1.03M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$944K |
USL Hedge Fund Activity: Q1 2017 in Review
27 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in United States 12 Month Oil Fund, (USL) for Q1 2017, worth a combined $12.6M — down 50% from $25.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of USL and 1 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 2 added.
The largest buyer was Virtu Financial, adding an estimated $709K. The largest seller was Bank of America, exiting entirely with an estimated $6.02M sold.
- 27 institutional investors held United States 12 Month Oil Fund, (USL) as of Q1 2017, down from 31 in Q4 2016.
- Funds reported $12.6M of United States 12 Month Oil Fund, stock for Q1 2017, down 50% quarter-over-quarter.
- 1 fund opened new United States 12 Month Oil Fund, positions in Q1 2017 and 5 closed out, a net change of -4 holders.
- The largest United States 12 Month Oil Fund, buyer in Q1 2017 was Virtu Financial, an estimated $709K added.
- The largest United States 12 Month Oil Fund, seller in Q1 2017 was Bank of America, an estimated $6.02M sold.
Based on aggregated 13F filings for Q1 2017.