United States Oil Fund
USO
165 hedge funds and large institutions have $1.01B invested in United States Oil Fund in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 35 increasing their positions, 49 reducing their positions, and 33 closing their positions.
44% more capital invested
Capital invested by funds: $704M → $1.01B (+$307M)
2.27% more ownership
Funds ownership: 3.68% → 5.95% (+2.3%)
2% less call options, than puts
Call options by funds: $894M | Put options by funds: $912M
4% less funds holding
Funds holding: 171 → 165 (-6)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
29% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 49
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$65.9M |
| 2 |
Morgan Stanley
New York
|
+$40.4M |
| 3 |
Citigroup
New York
|
+$30.9M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$24.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.97M |
| 2 |
CG
Cutler Group
San Francisco,
California
|
-$7.94M |
| 3 |
AC
Argentiere Capital
Zug,
Switzerland
|
-$7.82M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$7.13M |
| 5 |
PL
Polianta Ltd
St Helier,
Jersey
|
-$5.81M |
USO Hedge Fund Activity: Q4 2017 in Review
165 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q4 2017, worth a combined $1.01B — up 44% from $704M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of USO and 29 opened new positions — a net loss of 4 holders — while 49 trimmed existing stakes and 35 added.
The largest buyer was Goldman Sachs, adding an estimated $65.9M. The largest seller was Credit Suisse, cutting an estimated $7.97M.
- 165 institutional investors held United States Oil Fund (USO) as of Q4 2017, down from 171 in Q3 2017.
- Funds reported $1.01B of United States Oil Fund stock for Q4 2017, up 44% quarter-over-quarter.
- 29 funds opened new United States Oil Fund positions in Q4 2017 and 33 closed out, a net change of -4 holders.
- The largest United States Oil Fund buyer in Q4 2017 was Goldman Sachs, an estimated $65.9M added.
- The largest United States Oil Fund seller in Q4 2017 was Credit Suisse, an estimated $7.97M sold.
Based on aggregated 13F filings for Q4 2017.