We are live on ! Find out more
USO icon

United States Oil Fund
USO

75 hedge funds and large institutions have $1.67B invested in United States Oil Fund in 2013 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more capital invested

Capital invested by funds: $1.16B → $1.67B (+$517M)

18% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 22

7.06% more ownership

Funds ownership: 17.02% → 24.07% (+7.1%)

2% less call options, than puts

Call options by funds: $1.21B | Put options by funds: $1.23B

4% less funds holding

Funds holding: 78 → 75 (-3)

12% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 17

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
75
Holders Change
-3
Holders Change %
-3.85%
% of All Funds
2.43%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
15
Increased
26
Reduced
22
Closed
17
Calls
$1.21B
Puts
$1.23B
Net Calls
-$19.8M
Net Calls Change
+$271M

Top Buyers

1
MTIM
Marathon Trading Investment Management
Pennsylvania
+$314M
2
Citigroup
Citigroup
New York
+$83.4M
3
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
+$59.2M
4
SCA
SAC Capital Advisors
Connecticut
+$37.8M
5
Barclays
Barclays
United Kingdom
+$16.1M

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$37.3M
2
JP Morgan Chase
JP Morgan Chase
New York
-$19.2M
3
CS
Credit Suisse
Switzerland
-$16.6M
4
Goldman Sachs
Goldman Sachs
New York
-$16.5M
5
VAM
Vermillion Asset Management
New York
-$14.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
QIM
26
Quantitative Investment Management
Virginia
$2.05M +$41.6K +138 +2%
SG Americas Securities
27
SG Americas Securities
New York
$2.04M +$1.23M +4,075 +143%
TH
28
Timber Hill
Connecticut
$1.56M +$726K +2,406 +83%
Bank of Montreal
29
Bank of Montreal
Ontario, Canada
$1.38M +$1.41M +4,688 New
Bank of New York Mellon
30
Bank of New York Mellon
New York
$1.07M -$14.2K -47 -1%
PG
31
PEAK6 Group
Illinois
$1.07M -$90.8K -301 -4%
EWM
32
Elite Wealth Management
Washington
$958K +$955K +3,166 +3,769%
Ameriprise
33
Ameriprise
Minnesota
$949K +$846K +2,804 +677%
CS
34
Comerica Securities
Michigan
$946K +$603 +2 +0.1%
FAAS
35
First Allied Advisory Services
California
$880K +$900K +2,986 New
CR
36
Cooperatieve Rabobank
Netherlands
$761K -$871K -2,887 -53%
Commonwealth Equity Services
37
Commonwealth Equity Services
Massachusetts
$705K -$46.7K -155 -6%
MAS
38
Madden Advisory Services
Florida
$660K +$82K +272 +14%
RJA
39
Raymond James & Associates
Florida
$605K +$619K +2,054 New
AGA
40
Accuvest Global Advisors
Utah
$596K +$609K +2,021 New
Allianz Asset Management
41
Allianz Asset Management
Germany
$527K +$539K +1,788 New
JT
42
Jump Trading
Illinois
$476K -$258K -857 -35%
Cambridge Investment Research Advisors
43
Cambridge Investment Research Advisors
Iowa
$413K -$466K -1,545 -52%
JG
44
Jefferies Group
New York
$369K +$377K +1,250 New
SCM
45
Seamans Capital Management
Massachusetts
$369K +$377K +1,250 New
CA
46
Commerzbank Aktiengesellschaft
Germany
$359K -$733K -2,430 -67%
SCM
47
Stevens Capital Management
Pennsylvania
$346K – – –
Parallax Volatility Advisers
48
Parallax Volatility Advisers
California
$337K +$256K +848 +286%
FNBT
49
FineMark National Bank & Trust
Florida
$304K – – –
SCM
50
Shelton Capital Management
Colorado
$291K -$51.3K -170 -15%
1
2
3 4

USO Hedge Fund Activity: Q3 2013 in Review

75 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2013, worth a combined $1.67B — up 45% from $1.16B a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of USO and 15 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 26 added.

The largest buyer was Marathon Trading Investment Management, adding an estimated $314M. The largest seller was Morgan Stanley, cutting an estimated $37.3M.

  • 75 institutional investors held United States Oil Fund (USO) as of Q3 2013, down from 78 in Q2 2013.
  • Funds reported $1.67B of United States Oil Fund stock for Q3 2013, up 45% quarter-over-quarter.
  • 15 funds opened new United States Oil Fund positions in Q3 2013 and 17 closed out, a net change of -2 holders.
  • The largest United States Oil Fund buyer in Q3 2013 was Marathon Trading Investment Management, an estimated $314M added.
  • The largest United States Oil Fund seller in Q3 2013 was Morgan Stanley, an estimated $37.3M sold.

Based on aggregated 13F filings for Q3 2013.