United States Oil Fund
127 hedge funds and large institutions have $585M invested in United States Oil Fund in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 52 reducing their positions, and 30 closing their positions.
0.91% less ownership
Funds ownership: 6.31% → 5.4% (-0.91%)
11% less funds holding
Funds holding: 143 → 127 (-16)
19% less capital invested
Capital invested by funds: $722M → $585M (-$137M)
21% less call options, than puts
Call options by funds: $691M | Put options by funds: $871M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
50% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 30
62% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$111M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$11.4M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
+$8.67M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$5.87M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$53.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$44.9M |
| 3 |
Barclays
London,
United Kingdom
|
-$28.4M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
-$27M |
| 5 |
Goldman Sachs
New York
|
-$17M |
USO Hedge Fund Activity: Q3 2019 in Review
127 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2019, worth a combined $585M — down 19% from $722M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of USO and 15 opened new positions — a net loss of 15 holders — while 52 trimmed existing stakes and 20 added.
The largest buyer was JP Morgan Chase, adding an estimated $111M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $53.1M.
- 127 institutional investors held United States Oil Fund (USO) as of Q3 2019, down from 143 in Q2 2019.
- Funds reported $585M of United States Oil Fund stock for Q3 2019, down 19% quarter-over-quarter.
- 15 funds opened new United States Oil Fund positions in Q3 2019 and 30 closed out, a net change of -15 holders.
- The largest United States Oil Fund buyer in Q3 2019 was JP Morgan Chase, an estimated $111M added.
- The largest United States Oil Fund seller in Q3 2019 was BNP Paribas Financial Markets, an estimated $53.1M sold.
Based on aggregated 13F filings for Q3 2019.