United States Oil Fund
61 hedge funds and large institutions have $625M invested in United States Oil Fund in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 24 closing their positions.
3.61% less ownership
Funds ownership: 14.86% → 11.25% (-3.6%)
18% less funds holding
Funds holding: 74 → 61 (-13)
20% less capital invested
Capital invested by funds: $785M → $625M (-$160M)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
27% less call options, than puts
Call options by funds: $583M | Put options by funds: $796M
54% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$50.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$36.8M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$18.2M |
| 4 |
SG Americas Securities
New York
|
+$16.6M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$106M |
| 2 |
Morgan Stanley
New York
|
-$62.1M |
| 3 |
Goldman Sachs
New York
|
-$39.5M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$11.8M |
| 5 |
AIM
Assured Investment Management
New York
|
-$5.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
76
Prelude Capital Management
New York
| – | -$233K | -750 | Closed |
|
|
JT
77
Jump Trading
Chicago,
Illinois
| – | -$196K | -678 | Closed |
|
78
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$146K | -470 | Closed |
|
|
CFA
79
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$51K | -165 | Closed |
|
|
BRWA
80
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$46.7K | -150 | Closed |
|
81
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$33K | -106 | Closed |
|
82
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$21K | -69 | Closed |
|
83
M&T Bank
Buffalo,
New York
| – | -$19K | -63 | Closed |
|
|
PAS
84
Partnervest Advisory Services
Santa Barbara,
California
| – | -$12K | -37 | Closed |
|
|
W
85
Wealthfront
Palo Alto,
California
| – | -$2K | -8 | Closed |
|
USO Hedge Fund Activity: Q3 2014 in Review
61 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2014, worth a combined $625M — down 20% from $785M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of USO and 11 opened new positions — a net loss of 13 holders — while 24 trimmed existing stakes and 19 added.
The largest buyer was Credit Suisse, adding an estimated $50.9M. The largest seller was Citigroup, cutting an estimated $106M.
- 61 institutional investors held United States Oil Fund (USO) as of Q3 2014, down from 74 in Q2 2014.
- Funds reported $625M of United States Oil Fund stock for Q3 2014, down 20% quarter-over-quarter.
- 11 funds opened new United States Oil Fund positions in Q3 2014 and 24 closed out, a net change of -13 holders.
- The largest United States Oil Fund buyer in Q3 2014 was Credit Suisse, an estimated $50.9M added.
- The largest United States Oil Fund seller in Q3 2014 was Citigroup, an estimated $106M sold.
Based on aggregated 13F filings for Q3 2014.