United States 12 Month Oil Fund,
37 hedge funds and large institutions have $27M invested in United States 12 Month Oil Fund, in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 15 reducing their positions, and 11 closing their positions.
70% more call options, than puts
Call options by funds: $5.23M | Put options by funds: $3.07M
5.52% less ownership
Funds ownership: 18.26% → 12.74% (-5.5%)
16% less funds holding
Funds holding: 44 → 37 (-7)
46% less capital invested
Capital invested by funds: $50.4M → $27M (-$23.4M)
53% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 15
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.12M |
| 2 |
LPL Financial
San Diego,
California
|
+$819K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$363K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$224K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$5.55M |
| 2 |
HFM
Harvest Fund Management
Beijing,
China
|
-$4.84M |
| 3 |
XS
XR Securities
Chicago,
Illinois
|
-$3.53M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.45M |
| 5 |
VF
Virtu Financial
New York
|
-$3.42M |
USL Hedge Fund Activity: Q3 2020 in Review
37 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in United States 12 Month Oil Fund, (USL) for Q3 2020, worth a combined $27M — down 46% from $50.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of USL and 4 opened new positions — a net loss of 7 holders — while 15 trimmed existing stakes and 7 added.
The largest buyer was Jane Street, adding an estimated $1.12M. The largest seller was Flow Traders U.S., cutting an estimated $5.55M.
- 37 institutional investors held United States 12 Month Oil Fund, (USL) as of Q3 2020, down from 44 in Q2 2020.
- Funds reported $27M of United States 12 Month Oil Fund, stock for Q3 2020, down 46% quarter-over-quarter.
- 4 funds opened new United States 12 Month Oil Fund, positions in Q3 2020 and 11 closed out, a net change of -7 holders.
- The largest United States 12 Month Oil Fund, buyer in Q3 2020 was Jane Street, an estimated $1.12M added.
- The largest United States 12 Month Oil Fund, seller in Q3 2020 was Flow Traders U.S., an estimated $5.55M sold.
Based on aggregated 13F filings for Q3 2020.