United States Oil Fund
166 hedge funds and large institutions have $518M invested in United States Oil Fund in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 29 increasing their positions, 44 reducing their positions, and 38 closing their positions.
0.81% more ownership
Funds ownership: 32.85% → 33.66% (+0.81%)
4% less capital invested
Capital invested by funds: $541M → $518M (-$22.4M)
9% less funds holding
Funds holding: 183 → 166 (-17)
13% less call options, than puts
Call options by funds: $1.13B | Put options by funds: $1.31B
34% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 44
42% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 38
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$58.4M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$19.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$18.6M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$13.1M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$76.5M |
| 2 |
WHGC
Wealth High Governance Capital
Sao Paulo,
Brazil
|
-$39.9M |
| 3 |
Jane Street
New York
|
-$15.4M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$13.4M |
| 5 |
BlackRock
New York
|
-$8.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAS
201
Winch Advisory Services
Appleton,
Wisconsin
| – | -$1K | -17 | Closed |
|
|
SIS
202
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$997 | -15 | Closed |
|
203
AssetMark Inc
Concord,
California
| – | -$598 | -9 | Closed |
|
|
BA
204
Bellwether Advisors
Lincoln,
Nebraska
| – | -$597 | -9 | Closed |
|
USO Hedge Fund Activity: Q2 2023 in Review
166 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q2 2023, worth a combined $518M — down 4.1% from $541M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of USO and 22 opened new positions — a net loss of 16 holders — while 44 trimmed existing stakes and 29 added.
The largest buyer was Citadel Advisors, adding an estimated $58.4M. The largest seller was Bank of America, cutting an estimated $76.5M.
- 166 institutional investors held United States Oil Fund (USO) as of Q2 2023, down from 183 in Q1 2023.
- Funds reported $518M of United States Oil Fund stock for Q2 2023, down 4.1% quarter-over-quarter.
- 22 funds opened new United States Oil Fund positions in Q2 2023 and 38 closed out, a net change of -16 holders.
- The largest United States Oil Fund buyer in Q2 2023 was Citadel Advisors, an estimated $58.4M added.
- The largest United States Oil Fund seller in Q2 2023 was Bank of America, an estimated $76.5M sold.
Based on aggregated 13F filings for Q2 2023.