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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.

New
Increased
Maintained
Reduced
Closed

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: 141216 (+75)

33% more funds holding in top 10

Funds holding in top 10: 34 (+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

Holders
216
Holders Change
+75
Holders Change %
+53.19%
% of All Funds
4.76%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
108
Increased
70
Reduced
19
Closed
29
Calls
$262M
Puts
$570M
Net Calls
-$308M
Net Calls Change
-$72.3M
Name Holding Trade Value Shares
Change
Change in
Stake
LA
76
Legacy Advisors
Pennsylvania
$240K +$550K +7,135 New
Two Sigma Investments
77
Two Sigma Investments
New York
$233K +$394K +5,110 +281%
SAM
78
Shikiar Asset Management
New York
$232K +$530K +6,875 New
Bank of Montreal
79
Bank of Montreal
Ontario, Canada
$231K -$4.8M -62,294 -92%
CG
80
Cutler Group
California
$231K +$519K +6,738 +5,390%
CA
81
Clearstead Advisors
Ohio
$227K +$520K +6,748 New
NA
82
NewEdge Advisors
Louisiana
$203K +$116K +1,508 +33%
PFA
83
Paradigm Financial Advisors
Missouri
$195K +$43.5K +565 +11%
CFO
84
CVA Family Office
Colorado
$186K +$425K +5,514 New
FFN
85
Focus Financial Network
Minnesota
$183K +$418K +5,431 New
CBT
86
Capital Bank & Trust
California
$178K +$182K +2,359 +80%
M&T Bank
87
M&T Bank
New York
$174K +$72.3K +939 +22%
CC
88
Cannell Capital
Wyoming
$173K +$396K +5,139 New
VWM
89
Vigilare Wealth Management
Arizona
$168K +$289K +3,750 +300%
KWM
90
Kingsview Wealth Management
Oregon
$166K +$381K +4,940 New
BHB
91
Bank Hapoalim BM
Israel
$162K +$370K +4,799 New
IG
92
ING Group
Netherlands
$160K
TIM
93
Thornburg Investment Management
New Mexico
$159K +$163K +2,112 +81%
HIIFS
94
Harel Insurance Investments & Financial Services
Israel
$152K +$348K +4,519 New
RJFSA
95
Raymond James Financial Services Advisors
Florida
$150K +$210K +2,720 +157%
Stifel Financial
96
Stifel Financial
Missouri
$148K +$344K +4,464 New
SMC
97
Smith, Moore & Co
Missouri
$145K +$331K +4,302 New
SCM
98
Symons Capital Management
Pennsylvania
$138K +$316K +4,104 New
IWC
99
Integrated Wealth Concepts
Massachusetts
$137K +$313K +4,064 New
SFS
100
Summit Financial Strategies
Ohio
$133K +$304K +3,952 New

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.