United States Oil Fund
166 hedge funds and large institutions have $460M invested in United States Oil Fund in 2024 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 43 reducing their positions, and 32 closing their positions.
121% more call options, than puts
Call options by funds: $1.45B | Put options by funds: $654M
2% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 43
7% less funds holding
Funds holding: 179 → 166 (-13)
34% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 32
40.84% less ownership
Funds ownership: 78.24% → 37.4% (-41%)
53% less capital invested
Capital invested by funds: $977M → $460M (-$516M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$43.8M |
| 2 |
Morgan Stanley
New York
|
+$33.5M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$18.5M |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$10.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$392M |
| 2 |
Goldman Sachs
New York
|
-$88.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$28.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$13.2M |
| 5 |
Millennium Management
New York
|
-$10.5M |
USO Hedge Fund Activity: Q3 2024 in Review
166 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2024, worth a combined $460M — down 53% from $977M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of USO and 21 opened new positions — a net loss of 11 holders — while 43 trimmed existing stakes and 42 added.
The largest buyer was UBS Group, adding an estimated $43.8M. The largest seller was Jane Street, cutting an estimated $392M.
- 166 institutional investors held United States Oil Fund (USO) as of Q3 2024, down from 179 in Q2 2024.
- Funds reported $460M of United States Oil Fund stock for Q3 2024, down 53% quarter-over-quarter.
- 21 funds opened new United States Oil Fund positions in Q3 2024 and 32 closed out, a net change of -11 holders.
- The largest United States Oil Fund buyer in Q3 2024 was UBS Group, an estimated $43.8M added.
- The largest United States Oil Fund seller in Q3 2024 was Jane Street, an estimated $392M sold.
Based on aggregated 13F filings for Q3 2024.