United States 12 Month Oil Fund,
23 hedge funds and large institutions have $22.9M invested in United States 12 Month Oil Fund, in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 8 closing their positions.
1,180% more call options, than puts
Call options by funds: $1.54M | Put options by funds: $120K
9% more capital invested
Capital invested by funds: $21M → $22.9M (+$1.94M)
5.46% more ownership
Funds ownership: 25.4% → 30.87% (+5.5%)
18% less funds holding
Funds holding: 28 → 23 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$789K |
| 3 |
VF
Virtu Financial
New York
|
+$350K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$272K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$3.32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$644K |
| 2 |
Belvedere Trading
Chicago,
Illinois
|
-$622K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$526K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$344K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$278K |
USL Hedge Fund Activity: Q2 2023 in Review
23 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in United States 12 Month Oil Fund, (USL) for Q2 2023, worth a combined $22.9M — up 9.2% from $21M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of USL and 3 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 3 added.
The largest buyer was Jane Street, adding an estimated $3M. The largest seller was Wells Fargo, cutting an estimated $644K.
- 23 institutional investors held United States 12 Month Oil Fund, (USL) as of Q2 2023, down from 28 in Q1 2023.
- Funds reported $22.9M of United States 12 Month Oil Fund, stock for Q2 2023, up 9.2% quarter-over-quarter.
- 3 funds opened new United States 12 Month Oil Fund, positions in Q2 2023 and 8 closed out, a net change of -5 holders.
- The largest United States 12 Month Oil Fund, buyer in Q2 2023 was Jane Street, an estimated $3M added.
- The largest United States 12 Month Oil Fund, seller in Q2 2023 was Wells Fargo, an estimated $644K sold.
Based on aggregated 13F filings for Q2 2023.