United States Oil Fund
172 hedge funds and large institutions have $658M invested in United States Oil Fund in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 51 increasing their positions, 59 reducing their positions, and 32 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
0.01% more ownership
Funds ownership: 2.54% → 2.55% (+0.01%)
8% less funds holding
Funds holding: 187 → 172 (-15)
8% less capital invested
Capital invested by funds: $717M → $658M (-$59.8M)
14% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 59
30% less call options, than puts
Call options by funds: $626M | Put options by funds: $890M
44% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$47M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.66M |
| 3 |
OTC
Opera Trading Capital
Paris,
France
|
+$6.6M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$5.82M |
| 5 |
ACI
AB CarVal Investors
Minneapolis,
Minnesota
|
+$5.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
-$71.4M |
| 2 |
Morgan Stanley
New York
|
-$56.3M |
| 3 |
Jane Street
New York
|
-$22.7M |
| 4 |
LPL Financial
San Diego,
California
|
-$17.7M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$12M |
USO Hedge Fund Activity: Q2 2016 in Review
172 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q2 2016, worth a combined $658M — down 8.3% from $717M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of USO and 18 opened new positions — a net loss of 14 holders — while 59 trimmed existing stakes and 51 added.
The largest buyer was Citigroup, adding an estimated $47M. The largest seller was HBK Investments, cutting an estimated $71.4M.
- 172 institutional investors held United States Oil Fund (USO) as of Q2 2016, down from 187 in Q1 2016.
- Funds reported $658M of United States Oil Fund stock for Q2 2016, down 8.3% quarter-over-quarter.
- 18 funds opened new United States Oil Fund positions in Q2 2016 and 32 closed out, a net change of -14 holders.
- The largest United States Oil Fund buyer in Q2 2016 was Citigroup, an estimated $47M added.
- The largest United States Oil Fund seller in Q2 2016 was HBK Investments, an estimated $71.4M sold.
Based on aggregated 13F filings for Q2 2016.