United States 12 Month Oil Fund,
26 hedge funds and large institutions have $18.3M invested in United States 12 Month Oil Fund, in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
52% more call options, than puts
Call options by funds: $656K | Put options by funds: $433K
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
8% more funds holding
Funds holding: 24 → 26 (+2)
1.51% less ownership
Funds ownership: 28.74% → 27.23% (-1.5%)
17% less capital invested
Capital invested by funds: $22M → $18.3M (-$3.68M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.78M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.01M |
| 3 |
VF
Virtu Financial
New York
|
+$707K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$548K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$356K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$4.49M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.05M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$997K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$404K |
| 5 |
GWM
Greenwich Wealth Management
Greenwich,
Connecticut
|
-$229K |
USL Hedge Fund Activity: Q4 2023 in Review
26 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in United States 12 Month Oil Fund, (USL) for Q4 2023, worth a combined $18.3M — down 17% from $22M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new USL positions and 3 closed out — a net gain of 2 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Jane Street, adding an estimated $2.78M. The largest seller was Cetera Advisor Networks, exiting entirely with an estimated $4.49M sold.
- 26 institutional investors held United States 12 Month Oil Fund, (USL) as of Q4 2023, up from 24 in Q3 2023.
- Funds reported $18.3M of United States 12 Month Oil Fund, stock for Q4 2023, down 17% quarter-over-quarter.
- 5 funds opened new United States 12 Month Oil Fund, positions in Q4 2023 and 3 closed out, a net change of +2 holders.
- The largest United States 12 Month Oil Fund, buyer in Q4 2023 was Jane Street, an estimated $2.78M added.
- The largest United States 12 Month Oil Fund, seller in Q4 2023 was Cetera Advisor Networks, an estimated $4.49M sold.
Based on aggregated 13F filings for Q4 2023.