United States Oil Fund
USO
143 hedge funds and large institutions have $722M invested in United States Oil Fund in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 46 reducing their positions, and 34 closing their positions.
0.88% more ownership
Funds ownership: 5.42% → 6.31% (+0.88%)
1% less capital invested
Capital invested by funds: $729M → $722M (-$6.92M)
13% less funds holding
Funds holding: 165 → 143 (-22)
33% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 46
33% less call options, than puts
Call options by funds: $779M | Put options by funds: $1.16B
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
56% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$65.9M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$24.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$22.3M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
+$21.4M |
| 5 |
SG Americas Securities
New York
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$39.6M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$26.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$17.2M |
| 4 |
Citigroup
New York
|
-$13.8M |
| 5 |
PL
Polianta Ltd
St Helier,
Jersey
|
-$12.7M |
USO Hedge Fund Activity: Q2 2019 in Review
143 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q2 2019, worth a combined $722M — down 0.95% from $729M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of USO and 15 opened new positions — a net loss of 19 holders — while 46 trimmed existing stakes and 31 added.
The largest buyer was Bank of Montreal, adding an estimated $65.9M. The largest seller was Goldman Sachs, cutting an estimated $39.6M.
- 143 institutional investors held United States Oil Fund (USO) as of Q2 2019, down from 165 in Q1 2019.
- Funds reported $722M of United States Oil Fund stock for Q2 2019, down 0.95% quarter-over-quarter.
- 15 funds opened new United States Oil Fund positions in Q2 2019 and 34 closed out, a net change of -19 holders.
- The largest United States Oil Fund buyer in Q2 2019 was Bank of Montreal, an estimated $65.9M added.
- The largest United States Oil Fund seller in Q2 2019 was Goldman Sachs, an estimated $39.6M sold.
Based on aggregated 13F filings for Q2 2019.