United States 12 Month Oil Fund,
20 hedge funds and large institutions have $8.6M invested in United States 12 Month Oil Fund, in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
5% more funds holding
Funds holding: 19 → 20 (+1)
1.43% more ownership
Funds ownership: 14.45% → 15.89% (+1.4%)
6% less capital invested
Capital invested by funds: $9.11M → $8.6M (-$509K)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $14K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$1.91M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$361K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$224K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$103K |
| 5 |
HFM
Harvest Fund Management
Beijing,
China
|
+$67.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$909K |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$783K |
| 3 |
VF
Virtu Financial
New York
|
-$382K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$349K |
| 5 |
Jane Street
New York
|
-$245K |
USL Hedge Fund Activity: Q2 2019 in Review
20 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in United States 12 Month Oil Fund, (USL) for Q2 2019, worth a combined $8.6M — down 5.6% from $9.11M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new USL positions and 3 closed out — a net gain of 1 holder — while 3 added to existing stakes and 6 trimmed.
The largest buyer was Cowen Inc, opening a new position worth an estimated $1.91M. The largest seller was Citigroup, exiting entirely with an estimated $909K sold.
- 20 institutional investors held United States 12 Month Oil Fund, (USL) as of Q2 2019, up from 19 in Q1 2019.
- Funds reported $8.6M of United States 12 Month Oil Fund, stock for Q2 2019, down 5.6% quarter-over-quarter.
- 4 funds opened new United States 12 Month Oil Fund, positions in Q2 2019 and 3 closed out, a net change of +1 holder.
- The largest United States 12 Month Oil Fund, buyer in Q2 2019 was Cowen Inc, an estimated $1.91M added.
- The largest United States 12 Month Oil Fund, seller in Q2 2019 was Citigroup, an estimated $909K sold.
Based on aggregated 13F filings for Q2 2019.