United States Oil Fund
164 hedge funds and large institutions have $920M invested in United States Oil Fund in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 32 increasing their positions, 45 reducing their positions, and 25 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
28% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 25
4% more funds holding
Funds holding: 158 → 164 (+6)
0.09% less ownership
Funds ownership: 6.01% → 5.92% (-0.09%)
5% less call options, than puts
Call options by funds: $928M | Put options by funds: $973M
8% less capital invested
Capital invested by funds: $1B → $920M (-$81M)
29% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$23.7M |
| 2 |
JP Morgan Chase
New York
|
+$21.6M |
| 3 |
BCM
Bienville Capital Management
New York
|
+$9.78M |
| 4 |
Jane Street
New York
|
+$9.51M |
| 5 |
Barclays
London,
United Kingdom
|
+$8.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$40.3M |
| 2 |
Goldman Sachs
New York
|
-$37.2M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$19.1M |
| 4 |
Morgan Stanley
New York
|
-$16.3M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$15.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFM
176
Signet Financial Management
Parsippany,
New Jersey
| – | -$45K | -375 | Closed |
|
|
OIA
177
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$39K | -325 | Closed |
|
178
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$27K | -226 | Closed |
|
|
HIM
179
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$26K | -213 | Closed |
|
180
SEI Investments
Oaks,
Pennsylvania
| – | -$23K | -187 | Closed |
|
181
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$17K | -145 | Closed |
|
|
KCPG
182
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$16K | -131 | Closed |
|
|
BWA
183
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$15K | -125 | Closed |
|
|
AA
184
Apriem Advisors
Irvine,
California
| – | -$10K | -81 | Closed |
|
|
FANJ
185
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$8.66K | -75 | Closed |
|
USO Hedge Fund Activity: Q3 2018 in Review
164 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2018, worth a combined $920M — down 8.1% from $1B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new USO positions and 25 closed out — a net gain of 7 holders — while 32 added to existing stakes and 45 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $23.7M. The largest seller was Deutsche Bank, cutting an estimated $40.3M.
- 164 institutional investors held United States Oil Fund (USO) as of Q3 2018, up from 158 in Q2 2018.
- Funds reported $920M of United States Oil Fund stock for Q3 2018, down 8.1% quarter-over-quarter.
- 32 funds opened new United States Oil Fund positions in Q3 2018 and 25 closed out, a net change of +7 holders.
- The largest United States Oil Fund buyer in Q3 2018 was BNP Paribas Financial Markets, an estimated $23.7M added.
- The largest United States Oil Fund seller in Q3 2018 was Deutsche Bank, an estimated $40.3M sold.
Based on aggregated 13F filings for Q3 2018.