United States Oil Fund
184 hedge funds and large institutions have $931M invested in United States Oil Fund in 2020 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 29 increasing their positions, 64 reducing their positions, and 28 closing their positions.
21% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 28
2% more funds holding
Funds holding: 180 → 184 (+4)
3.84% less ownership
Funds ownership: 25.21% → 21.38% (-3.8%)
11% less capital invested
Capital invested by funds: $1.04B → $931M (-$110M)
17% less call options, than puts
Call options by funds: $977M | Put options by funds: $1.17B
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
55% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.58M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$7.33M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$6.61M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$6.52M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
+$5.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$179M |
| 2 |
Jane Street
New York
|
-$35.5M |
| 3 |
Morgan Stanley
New York
|
-$20M |
| 4 |
Goldman Sachs
New York
|
-$15.1M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$11.6M |
USO Hedge Fund Activity: Q4 2020 in Review
184 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q4 2020, worth a combined $931M — down 11% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new USO positions and 28 closed out — a net gain of 6 holders — while 29 added to existing stakes and 64 trimmed.
The largest buyer was Credit Suisse, adding an estimated $9.58M. The largest seller was Susquehanna International Group, cutting an estimated $179M.
- 184 institutional investors held United States Oil Fund (USO) as of Q4 2020, up from 180 in Q3 2020.
- Funds reported $931M of United States Oil Fund stock for Q4 2020, down 11% quarter-over-quarter.
- 34 funds opened new United States Oil Fund positions in Q4 2020 and 28 closed out, a net change of +6 holders.
- The largest United States Oil Fund buyer in Q4 2020 was Credit Suisse, an estimated $9.58M added.
- The largest United States Oil Fund seller in Q4 2020 was Susquehanna International Group, an estimated $179M sold.
Based on aggregated 13F filings for Q4 2020.