United States 12 Month Oil Fund,
20 hedge funds and large institutions have $6.62M invested in United States 12 Month Oil Fund, in 2026 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 5 closing their positions.
602% more call options, than puts
Call options by funds: $1.76M | Put options by funds: $250K
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
5% less funds holding
Funds holding: 21 → 20 (-1)
5.87% less ownership
Funds ownership: 22.09% → 16.22% (-5.9%)
50% less capital invested
Capital invested by funds: $13.3M → $6.62M (-$6.69M)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GSCM
Greenfield Seitz Capital Management
Dallas,
Texas
|
+$895K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$668K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$146K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$71.7K |
| 5 |
CA
Continuum Advisory
Eagle,
Idaho
|
+$48.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.31M |
| 2 |
VF
Virtu Financial
New York
|
-$1.61M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$1.57M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$899K |
| 5 |
BL
Balentine LLC
Atlanta,
Georgia
|
-$639K |
USL Hedge Fund Activity: Q2 2026 in Review
20 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in United States 12 Month Oil Fund, (USL) for Q2 2026, worth a combined $6.62M — down 50% from $13.3M a quarter earlier.
Fund positioning in USL was balanced in Q2 2026: 5 funds opened new positions, 5 closed out, 3 added to existing stakes and 7 trimmed.
The largest buyer was Greenfield Seitz Capital Management, opening a new position worth an estimated $895K. The largest seller was LPL Financial, cutting an estimated $2.31M.
- 20 institutional investors held United States 12 Month Oil Fund, (USL) as of Q2 2026, down from 21 in Q1 2026.
- Funds reported $6.62M of United States 12 Month Oil Fund, stock for Q2 2026, down 50% quarter-over-quarter.
- 5 funds opened new United States 12 Month Oil Fund, positions in Q2 2026 and 5 closed out, a net change of 0 holders.
- The largest United States 12 Month Oil Fund, buyer in Q2 2026 was Greenfield Seitz Capital Management, an estimated $895K added.
- The largest United States 12 Month Oil Fund, seller in Q2 2026 was LPL Financial, an estimated $2.31M sold.
Based on aggregated 13F filings for Q2 2026.