United States 12 Month Oil Fund,
28 hedge funds and large institutions have $21M invested in United States 12 Month Oil Fund, in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
11% more capital invested
Capital invested by funds: $18.9M → $21M (+$2.06M)
4% more funds holding
Funds holding: 27 → 28 (+1)
3.63% more ownership
Funds ownership: 21.77% → 25.4% (+3.6%)
15% less call options, than puts
Call options by funds: $2.34M | Put options by funds: $2.76M
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.95M |
| 2 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$1.77M |
| 3 |
Jane Street
New York
|
+$1.74M |
| 4 |
Belvedere Trading
Chicago,
Illinois
|
+$625K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$537K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.35M |
| 2 |
EFM
E Fund Management
Guangzhou,
China
|
-$1.04M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$534K |
| 4 |
VF
Virtu Financial
New York
|
-$459K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$444K |
USL Hedge Fund Activity: Q1 2023 in Review
28 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in United States 12 Month Oil Fund, (USL) for Q1 2023, worth a combined $21M — up 11% from $18.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new USL positions and 7 closed out — a net gain of 1 holder — while 4 added to existing stakes and 11 trimmed.
The largest buyer was Cetera Advisor Networks, opening a new position worth an estimated $2.95M. The largest seller was Osaic Holdings, cutting an estimated $2.35M.
- 28 institutional investors held United States 12 Month Oil Fund, (USL) as of Q1 2023, up from 27 in Q4 2022.
- Funds reported $21M of United States 12 Month Oil Fund, stock for Q1 2023, up 11% quarter-over-quarter.
- 8 funds opened new United States 12 Month Oil Fund, positions in Q1 2023 and 7 closed out, a net change of +1 holder.
- The largest United States 12 Month Oil Fund, buyer in Q1 2023 was Cetera Advisor Networks, an estimated $2.95M added.
- The largest United States 12 Month Oil Fund, seller in Q1 2023 was Osaic Holdings, an estimated $2.35M sold.
Based on aggregated 13F filings for Q1 2023.