United States Oil Fund
USO
141 hedge funds and large institutions have $518M invested in United States Oil Fund in 2019 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 27 increasing their positions, 41 reducing their positions, and 20 closing their positions.
80% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 20
11% more funds holding
Funds holding: 127 → 141 (+14)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.75% less ownership
Funds ownership: 5.4% → 4.65% (-0.75%)
11% less capital invested
Capital invested by funds: $585M → $518M (-$66.8M)
34% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 41
34% less call options, than puts
Call options by funds: $451M | Put options by funds: $686M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$47.4M |
| 2 |
Goldman Sachs
New York
|
+$33.4M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$23.6M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$17.8M |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
+$5.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$138M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$29.2M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$21M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$19.7M |
| 5 |
Morgan Stanley
New York
|
-$14.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
151
SignatureFD
Atlanta,
Georgia
| – | -$117K | -1,286 | Closed |
|
|
BOTW
152
Bank of the West
Monterey Park,
California
| – | -$116K | -1,278 | Closed |
|
|
TA
153
Thor Advisors
New York
| – | -$30K | -332 | Closed |
|
|
IBOK
154
Independence Bank of Kentucky
Owensboro,
Kentucky
| – | -$23K | -250 | Closed |
|
155
Simplex Trading
Chicago,
Illinois
| – | -$17.9K | -188 | Closed |
|
156
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$13K | -140 | Closed |
|
|
WCG
157
Weaver Consulting Group
Huntington Beach,
California
| – | -$12K | -125 | Closed |
|
|
CAGAS
158
Capital Advisory Group Advisory Services
Bloomington,
Minnesota
| – | -$5K | -57 | Closed |
|
|
GSWM
159
Golden State Wealth Management
Santa Ana,
California
| – | -$5K | -50 | Closed |
|
|
SCA
160
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$3K | -38 | Closed |
|
USO Hedge Fund Activity: Q4 2019 in Review
141 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q4 2019, worth a combined $518M — down 11% from $585M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new USO positions and 20 closed out — a net gain of 16 holders — while 27 added to existing stakes and 41 trimmed.
The largest buyer was UBS Group, adding an estimated $47.4M. The largest seller was JP Morgan Chase, cutting an estimated $138M.
- 141 institutional investors held United States Oil Fund (USO) as of Q4 2019, up from 127 in Q3 2019.
- Funds reported $518M of United States Oil Fund stock for Q4 2019, down 11% quarter-over-quarter.
- 36 funds opened new United States Oil Fund positions in Q4 2019 and 20 closed out, a net change of +16 holders.
- The largest United States Oil Fund buyer in Q4 2019 was UBS Group, an estimated $47.4M added.
- The largest United States Oil Fund seller in Q4 2019 was JP Morgan Chase, an estimated $138M sold.
Based on aggregated 13F filings for Q4 2019.