United States 12 Month Oil Fund,
17 hedge funds and large institutions have $7.72M invested in United States 12 Month Oil Fund, in 2025 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
2.32% less ownership
Funds ownership: 20.64% → 18.33% (-2.3%)
22% less capital invested
Capital invested by funds: $9.86M → $7.72M (-$2.13M)
23% less funds holding
Funds holding: 22 → 17 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$111K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$75.9K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$33.2K |
| 5 |
JP Morgan Chase
New York
|
+$3.58K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$741K |
| 2 |
Jane Street
New York
|
-$585K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$547K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$334K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$209K |
USL Hedge Fund Activity: Q2 2025 in Review
17 of the 7,612 institutional investors tracked by Wall St. Rank reported a position in United States 12 Month Oil Fund, (USL) for Q2 2025, worth a combined $7.72M — down 22% from $9.86M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of USL and 1 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $1.1M. The largest seller was Virtu Financial, cutting an estimated $741K.
- 17 institutional investors held United States 12 Month Oil Fund, (USL) as of Q2 2025, down from 22 in Q1 2025.
- Funds reported $7.72M of United States 12 Month Oil Fund, stock for Q2 2025, down 22% quarter-over-quarter.
- 1 fund opened new United States 12 Month Oil Fund, positions in Q2 2025 and 6 closed out, a net change of -5 holders.
- The largest United States 12 Month Oil Fund, buyer in Q2 2025 was Mirae Asset Global Investments, an estimated $1.1M added.
- The largest United States 12 Month Oil Fund, seller in Q2 2025 was Virtu Financial, an estimated $741K sold.
Based on aggregated 13F filings for Q2 2025.