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United States Oil Fund

171 hedge funds and large institutions have $331M invested in United States Oil Fund in 2024 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 30 increasing their positions, 49 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 31

3% more funds holding

Funds holding: 166171 (+5)

3% more call options, than puts

Call options by funds: $1.01B | Put options by funds: $975M

5.83% less ownership

Funds ownership: 37.4%31.57% (-5.8%)

28% less capital invested

Capital invested by funds: $460M → $331M (-$129M)

39% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 49

Holders
171
Holders Change
+5
Holders Change %
+3.01%
% of All Funds
2.25%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
37
Increased
30
Reduced
49
Closed
31
Calls
$1.01B
Puts
$975M
Net Calls
+$31M
Net Calls Change
-$763M
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$1.81M -$211K -2,893 -11%
KAS
27
Kestra Advisory Services
Texas
$1.74M -$490K -6,699 -23%
MWM
28
Meridian Wealth Management
Kentucky
$1.57M
KFS
29
Kaizen Financial Strategies
California
$1.51M +$1.47M +20,051 New
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$1.48M -$1.92M -26,230 -57%
Osaic Holdings
31
Osaic Holdings
Arizona
$1.23M -$283K -3,867 -19%
IUHSA
32
Itau Unibanco Holding S.A.
Brazil
$1.1M -$9.02M -123,400 -89%
MOS
33
MGO One Seven
Ohio
$1.04M -$20.9K -286 -2%
CA
34
Clearstead Advisors
Ohio
$1.02M -$215K -2,945 -18%
SW
35
SVB Wealth
Massachusetts
$968K +$937K +12,816 New
Kovitz Investment Group Partners
36
Kovitz Investment Group Partners
Illinois
$958K -$2.06M -28,128 -69%
GWM
37
Global Wealth Management
New Jersey
$923K +$893K +12,220 New
IAS
38
Insigneo Advisory Services
Florida
$917K +$463K +6,336 +109%
CI
39
Cavalier Investments
Georgia
$908K +$29.6K +405 +3%
NA
40
NewEdge Advisors
Louisiana
$889K -$11.8K -161 -1%
Mirae Asset Global Investments
41
Mirae Asset Global Investments
South Korea
$853K +$161K +2,200 +24%
Envestnet Asset Management
42
Envestnet Asset Management
Illinois
$822K +$168K +2,292 +27%
Truist Financial
43
Truist Financial
North Carolina
$819K +$47.1K +645 +6%
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$772K -$1.53M -20,933 -67%
Mariner
45
Mariner
Kansas
$686K +$18.4K +252 +3%
Creative Planning
46
Creative Planning
Kansas
$640K -$206K -2,825 -25%
UWS
47
Unique Wealth Strategies
Illinois
$626K +$605K +8,280 New
WIP
48
WealthCare Investment Partners
Rhode Island
$614K -$1.83K -25 -0.3%
N
49
Natixis
France
$586K -$215K -2,940 -27%
CAM
50
Cresset Asset Management
Illinois
$571K -$453K -6,197 -45%

USO Hedge Fund Activity: Q4 2024 in Review

171 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q4 2024, worth a combined $331M — down 28% from $460M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new USO positions and 31 closed out — a net gain of 6 holders — while 30 added to existing stakes and 49 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $26.5M. The largest seller was Jane Street, cutting an estimated $71.2M.

  • 171 institutional investors held United States Oil Fund (USO) as of Q4 2024, up from 166 in Q3 2024.
  • Funds reported $331M of United States Oil Fund stock for Q4 2024, down 28% quarter-over-quarter.
  • 37 funds opened new United States Oil Fund positions in Q4 2024 and 31 closed out, a net change of +6 holders.
  • The largest United States Oil Fund buyer in Q4 2024 was Goldman Sachs, an estimated $26.5M added.
  • The largest United States Oil Fund seller in Q4 2024 was Jane Street, an estimated $71.2M sold.

Based on aggregated 13F filings for Q4 2024.