United States 12 Month Oil Fund,
21 hedge funds and large institutions have $13.3M invested in United States 12 Month Oil Fund, in 2026 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
88% more capital invested
Capital invested by funds: $7.06M → $13.3M (+$6.25M)
60% more call options, than puts
Call options by funds: $1.23M | Put options by funds: $766K
50% more funds holding
Funds holding: 14 → 21 (+7)
3.66% more ownership
Funds ownership: 18.43% → 22.09% (+3.7%)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.25M |
| 2 |
Jane Street
New York
|
+$1.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$350K |
| 4 |
VF
Virtu Financial
New York
|
+$297K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$936K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$925K |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$91.4K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$50.9K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$26.2K |
USL Hedge Fund Activity: Q1 2026 in Review
21 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in United States 12 Month Oil Fund, (USL) for Q1 2026, worth a combined $13.3M — up 88% from $7.06M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new USL positions and 1 closed out — a net gain of 7 holders — while 2 added to existing stakes and 6 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $2.25M. The largest seller was Susquehanna International Group, cutting an estimated $936K.
- 21 institutional investors held United States 12 Month Oil Fund, (USL) as of Q1 2026, up from 14 in Q4 2025.
- Funds reported $13.3M of United States 12 Month Oil Fund, stock for Q1 2026, up 88% quarter-over-quarter.
- 8 funds opened new United States 12 Month Oil Fund, positions in Q1 2026 and 1 closed out, a net change of +7 holders.
- The largest United States 12 Month Oil Fund, buyer in Q1 2026 was LPL Financial, an estimated $2.25M added.
- The largest United States 12 Month Oil Fund, seller in Q1 2026 was Susquehanna International Group, an estimated $936K sold.
Based on aggregated 13F filings for Q1 2026.