United States Oil Fund
72 hedge funds and large institutions have $891M invested in United States Oil Fund in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 14 increasing their positions, 30 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
3.59% less ownership
Funds ownership: 24.07% → 20.48% (-3.6%)
4% less funds holding
Funds holding: 75 → 72 (-3)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
28% less call options, than puts
Call options by funds: $793M | Put options by funds: $1.1B
47% less capital invested
Capital invested by funds: $1.67B → $891M (-$782M)
53% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$32.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$14.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.51M |
| 4 |
VF
Virtu Financial
New York
|
+$6.54M |
| 5 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
+$4.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTIM
Marathon Trading Investment Management
Radnor,
Pennsylvania
|
-$292M |
| 2 |
Morgan Stanley
New York
|
-$178M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$107M |
| 4 |
Goldman Sachs
New York
|
-$62.7M |
| 5 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$36.9M |
USO Hedge Fund Activity: Q4 2013 in Review
72 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q4 2013, worth a combined $891M — down 47% from $1.67B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of USO and 14 opened new positions — a net loss of 3 holders — while 30 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, adding an estimated $32.1M. The largest seller was Marathon Trading Investment Management, cutting an estimated $292M.
- 72 institutional investors held United States Oil Fund (USO) as of Q4 2013, down from 75 in Q3 2013.
- Funds reported $891M of United States Oil Fund stock for Q4 2013, down 47% quarter-over-quarter.
- 14 funds opened new United States Oil Fund positions in Q4 2013 and 17 closed out, a net change of -3 holders.
- The largest United States Oil Fund buyer in Q4 2013 was Susquehanna International Group, an estimated $32.1M added.
- The largest United States Oil Fund seller in Q4 2013 was Marathon Trading Investment Management, an estimated $292M sold.
Based on aggregated 13F filings for Q4 2013.