United States Oil Fund
187 hedge funds and large institutions have $717M invested in United States Oil Fund in 2016 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 65 increasing their positions, 34 reducing their positions, and 31 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 34
84% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 31
15% more funds holding
Funds holding: 162 → 187 (+25)
0.79% less ownership
Funds ownership: 3.33% → 2.54% (-0.79%)
9% less capital invested
Capital invested by funds: $786M → $717M (-$68.9M)
14% less call options, than puts
Call options by funds: $692M | Put options by funds: $803M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| 1 |
HI
HBK Investments
Dallas,
Texas
|
+$58.6M |
| 2 |
Morgan Stanley
New York
|
+$26.3M |
| 3 |
Citigroup
New York
|
+$18.6M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$16.6M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
+$12.3M |
Top Sellers
| 1 |
VF
Virtu Financial
New York
|
-$42.4M |
| 2 |
Millennium Management
New York
|
-$39.8M |
| 3 |
SAMH
Shanda Asset Management Holdings
Tortola,,
British Virgin Islands
|
-$27.7M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$23.5M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$20.3M |
USO Hedge Fund Activity: Q1 2016 in Review
187 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q1 2016, worth a combined $717M — down 8.8% from $786M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new USO positions and 31 closed out — a net gain of 26 holders — while 65 added to existing stakes and 34 trimmed.
The largest buyer was HBK Investments, adding an estimated $58.6M. The largest seller was Virtu Financial, cutting an estimated $42.4M.
- 187 institutional investors held United States Oil Fund (USO) as of Q1 2016, up from 162 in Q4 2015.
- Funds reported $717M of United States Oil Fund stock for Q1 2016, down 8.8% quarter-over-quarter.
- 57 funds opened new United States Oil Fund positions in Q1 2016 and 31 closed out, a net change of +26 holders.
- The largest United States Oil Fund buyer in Q1 2016 was HBK Investments, an estimated $58.6M added.
- The largest United States Oil Fund seller in Q1 2016 was Virtu Financial, an estimated $42.4M sold.
Based on aggregated 13F filings for Q1 2016.