United States Oil Fund
216 hedge funds and large institutions have $650M invested in United States Oil Fund in 2020 Q1 according to their latest regulatory filings, with 108 funds opening new positions, 70 increasing their positions, 19 reducing their positions, and 29 closing their positions.
272% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 29
268% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 19
53% more funds holding
Funds holding: 141 → 216 (+75)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more capital invested
Capital invested by funds: $518M → $650M (+$132M)
12.14% more ownership
Funds ownership: 4.65% → 16.79% (+12%)
54% less call options, than puts
Call options by funds: $262M | Put options by funds: $570M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$386M |
| 2 |
JP Morgan Chase
New York
|
+$108M |
| 3 |
XS
XR Securities
Chicago,
Illinois
|
+$96.6M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$76.2M |
| 5 |
Morgan Stanley
New York
|
+$72.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$38.6M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$25.6M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$25.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$14.2M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$9.52M |
USO Hedge Fund Activity: Q1 2020 in Review
216 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q1 2020, worth a combined $650M — up 26% from $518M a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new USO positions and 29 closed out — a net gain of 79 holders — while 70 added to existing stakes and 19 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $386M. The largest seller was UBS Group, cutting an estimated $38.6M.
- 216 institutional investors held United States Oil Fund (USO) as of Q1 2020, up from 141 in Q4 2019.
- Funds reported $650M of United States Oil Fund stock for Q1 2020, up 26% quarter-over-quarter.
- 108 funds opened new United States Oil Fund positions in Q1 2020 and 29 closed out, a net change of +79 holders.
- The largest United States Oil Fund buyer in Q1 2020 was Susquehanna International Group, an estimated $386M added.
- The largest United States Oil Fund seller in Q1 2020 was UBS Group, an estimated $38.6M sold.
Based on aggregated 13F filings for Q1 2020.