United States Oil Fund
185 hedge funds and large institutions have $584M invested in United States Oil Fund in 2021 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 31 increasing their positions, 60 reducing their positions, and 30 closing their positions.
79% more call options, than puts
Call options by funds: $1.43B | Put options by funds: $800M
3% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 30
1% more funds holding
Funds holding: 184 → 185 (+1)
4.89% less ownership
Funds ownership: 21.38% → 16.49% (-4.9%)
37% less capital invested
Capital invested by funds: $931M → $584M (-$347M)
48% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 60
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$27.9M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$22.1M |
| 3 |
EFM
E Fund Management
Guangzhou,
China
|
+$18.5M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$10.4M |
| 5 |
Citigroup
New York
|
+$8.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$494M |
| 2 |
Jane Street
New York
|
-$36M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$25.3M |
| 4 |
HFM
Harvest Fund Management
Beijing,
China
|
-$23.1M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$14M |
USO Hedge Fund Activity: Q1 2021 in Review
185 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q1 2021, worth a combined $584M — down 37% from $931M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new USO positions and 30 closed out — a net gain of 1 holder — while 31 added to existing stakes and 60 trimmed.
The largest buyer was Parallax Volatility Advisers, adding an estimated $27.9M. The largest seller was Susquehanna International Group, cutting an estimated $494M.
- 185 institutional investors held United States Oil Fund (USO) as of Q1 2021, up from 184 in Q4 2020.
- Funds reported $584M of United States Oil Fund stock for Q1 2021, down 37% quarter-over-quarter.
- 31 funds opened new United States Oil Fund positions in Q1 2021 and 30 closed out, a net change of +1 holder.
- The largest United States Oil Fund buyer in Q1 2021 was Parallax Volatility Advisers, an estimated $27.9M added.
- The largest United States Oil Fund seller in Q1 2021 was Susquehanna International Group, an estimated $494M sold.
Based on aggregated 13F filings for Q1 2021.