United States Oil Fund
162 hedge funds and large institutions have $786M invested in United States Oil Fund in 2015 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 51 increasing their positions, 34 reducing their positions, and 23 closing their positions.
100% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 23
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
50% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 34
15% more funds holding
Funds holding: 141 → 162 (+21)
6% more call options, than puts
Call options by funds: $1.12B | Put options by funds: $1.05B
1.58% less ownership
Funds ownership: 4.91% → 3.33% (-1.6%)
20% less capital invested
Capital invested by funds: $984M → $786M (-$198M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$55.4M |
| 2 |
Millennium Management
New York
|
+$53.7M |
| 3 |
SAMH
Shanda Asset Management Holdings
Tortola,,
British Virgin Islands
|
+$49M |
| 4 |
VF
Virtu Financial
New York
|
+$48.1M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$39.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$85.3M |
| 2 |
Citigroup
New York
|
-$78.7M |
| 3 |
Goldman Sachs
New York
|
-$71.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$51.8M |
| 5 |
SG Americas Securities
New York
|
-$38.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BUB
176
BBVA USA Bancshares
Houston,
Texas
| – | -$182K | -1,549 | Closed |
|
|
OC
177
Oppenheimer & Co
New York
| – | -$178K | -1,518 | Closed |
|
|
SCM
178
Southport Capital Management
Chattanooga,
Tennessee
| – | -$159K | -1,350 | Closed |
|
|
RIA
179
Regal Investment Advisors
Kentwood,
Michigan
| – | -$143K | -1,218 | Closed |
|
|
HCMT
180
Highland Capital Management (Tennessee)
Memphis,
Tennessee
| – | -$100K | -850 | Closed |
|
|
RFA
181
Reilly Financial Advisors
La Mesa,
California
| – | -$24K | -225 | Closed |
|
|
MAS
182
Madden Advisory Services
Jacksonville,
Florida
| – | -$25K | -214 | Closed |
|
183
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$4K | -38 | Closed |
|
|
TWA
184
TCI Wealth Advisors
Tucson,
Arizona
| – | -$4K | -31 | Closed |
|
|
LWA
185
Lowe Wealth Advisors
Columbia,
Maryland
| – | -$1K | -6 | Closed |
|
USO Hedge Fund Activity: Q4 2015 in Review
162 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q4 2015, worth a combined $786M — down 20% from $984M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new USO positions and 23 closed out — a net gain of 23 holders — while 51 added to existing stakes and 34 trimmed.
The largest buyer was Jane Street, adding an estimated $55.4M. The largest seller was Credit Suisse, cutting an estimated $85.3M.
- 162 institutional investors held United States Oil Fund (USO) as of Q4 2015, up from 141 in Q3 2015.
- Funds reported $786M of United States Oil Fund stock for Q4 2015, down 20% quarter-over-quarter.
- 46 funds opened new United States Oil Fund positions in Q4 2015 and 23 closed out, a net change of +23 holders.
- The largest United States Oil Fund buyer in Q4 2015 was Jane Street, an estimated $55.4M added.
- The largest United States Oil Fund seller in Q4 2015 was Credit Suisse, an estimated $85.3M sold.
Based on aggregated 13F filings for Q4 2015.