United States Oil Fund
200 hedge funds and large institutions have $740M invested in United States Oil Fund in 2022 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 41 increasing their positions, 50 reducing their positions, and 35 closing their positions.
49% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 35
29% more call options, than puts
Call options by funds: $1.39B | Put options by funds: $1.08B
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
8% more capital invested
Capital invested by funds: $686M → $740M (+$54.4M)
7% more funds holding
Funds holding: 187 → 200 (+13)
2.59% less ownership
Funds ownership: 39.28% → 36.69% (-2.6%)
18% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$61.5M |
| 2 |
Jane Street
New York
|
+$53.5M |
| 3 |
JFG
Jefferies Financial Group
New York
|
+$46.8M |
| 4 |
N
Natixis
Paris,
France
|
+$37.7M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$194M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$72.8M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$65.3M |
| 4 |
CS
Clear Street
New York
|
-$26.2M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$25.7M |
USO Hedge Fund Activity: Q4 2022 in Review
200 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q4 2022, worth a combined $740M — up 7.9% from $686M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new USO positions and 35 closed out — a net gain of 17 holders — while 41 added to existing stakes and 50 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $61.5M. The largest seller was Credit Suisse, cutting an estimated $194M.
- 200 institutional investors held United States Oil Fund (USO) as of Q4 2022, up from 187 in Q3 2022.
- Funds reported $740M of United States Oil Fund stock for Q4 2022, up 7.9% quarter-over-quarter.
- 52 funds opened new United States Oil Fund positions in Q4 2022 and 35 closed out, a net change of +17 holders.
- The largest United States Oil Fund buyer in Q4 2022 was Citadel Advisors, an estimated $61.5M added.
- The largest United States Oil Fund seller in Q4 2022 was Credit Suisse, an estimated $194M sold.
Based on aggregated 13F filings for Q4 2022.