United States 12 Month Oil Fund,
26 hedge funds and large institutions have $16.7M invested in United States 12 Month Oil Fund, in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 6 closing their positions.
5,500% more call options, than puts
Call options by funds: $56K | Put options by funds: $1K
1.21% less ownership
Funds ownership: 19.34% → 18.13% (-1.2%)
4% less funds holding
Funds holding: 27 → 26 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
22% less capital invested
Capital invested by funds: $21.5M → $16.7M (-$4.81M)
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLI
Guardian Life Insurance
New York
|
+$1.47M |
| 2 |
VF
Virtu Financial
New York
|
+$1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$585K |
| 4 |
Jane Street
New York
|
+$116K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$9.69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$7.3M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$1.36M |
| 3 |
HFM
Harvest Fund Management
Beijing,
China
|
-$1.3M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$826K |
| 5 |
Morgan Stanley
New York
|
-$342K |
USL Hedge Fund Activity: Q4 2017 in Review
26 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in United States 12 Month Oil Fund, (USL) for Q4 2017, worth a combined $16.7M — down 22% from $21.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of USL and 5 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 4 added.
The largest buyer was Guardian Life Insurance, adding an estimated $1.47M. The largest seller was Bank of America, exiting entirely with an estimated $7.3M sold.
- 26 institutional investors held United States 12 Month Oil Fund, (USL) as of Q4 2017, down from 27 in Q3 2017.
- Funds reported $16.7M of United States 12 Month Oil Fund, stock for Q4 2017, down 22% quarter-over-quarter.
- 5 funds opened new United States 12 Month Oil Fund, positions in Q4 2017 and 6 closed out, a net change of -1 holder.
- The largest United States 12 Month Oil Fund, buyer in Q4 2017 was Guardian Life Insurance, an estimated $1.47M added.
- The largest United States 12 Month Oil Fund, seller in Q4 2017 was Bank of America, an estimated $7.3M sold.
Based on aggregated 13F filings for Q4 2017.