United States Oil Fund
USO
177 hedge funds and large institutions have $839M invested in United States Oil Fund in 2017 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 19 closing their positions.
47% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 19
21% more capital invested
Capital invested by funds: $691M → $839M (+$148M)
13% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 48
5% more funds holding
Funds holding: 169 → 177 (+8)
0.31% more ownership
Funds ownership: 2.88% → 3.2% (+0.31%)
30% less call options, than puts
Call options by funds: $858M | Put options by funds: $1.23B
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$89.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$74.9M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$46.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$42.3M |
| 5 |
SG Americas Securities
New York
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$23.7M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$22M |
| 3 |
Twin Tree Management
Dallas,
Texas
|
-$13.2M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$11M |
| 5 |
OTC
Opera Trading Capital
Paris,
France
|
-$10M |
USO Hedge Fund Activity: Q2 2017 in Review
177 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q2 2017, worth a combined $839M — up 21% from $691M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new USO positions and 19 closed out — a net gain of 9 holders — while 54 added to existing stakes and 48 trimmed.
The largest buyer was Clal Insurance, opening a new position worth an estimated $89.7M. The largest seller was Goldman Sachs, cutting an estimated $23.7M.
- 177 institutional investors held United States Oil Fund (USO) as of Q2 2017, up from 169 in Q1 2017.
- Funds reported $839M of United States Oil Fund stock for Q2 2017, up 21% quarter-over-quarter.
- 28 funds opened new United States Oil Fund positions in Q2 2017 and 19 closed out, a net change of +9 holders.
- The largest United States Oil Fund buyer in Q2 2017 was Clal Insurance, an estimated $89.7M added.
- The largest United States Oil Fund seller in Q2 2017 was Goldman Sachs, an estimated $23.7M sold.
Based on aggregated 13F filings for Q2 2017.