United States Oil Fund
USO
75 hedge funds and large institutions have $1.67B invested in United States Oil Fund in 2013 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 17 closing their positions.
326% more capital inflows, than outflows
Capital inflows: $571M | Capital outflows: $134M
18% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 22
1% less call options, than puts
Call options by funds: $1.21B | Put options by funds: $1.22B
4% less funds holding
Funds holding: 78 → 75 (-3)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
136.12% less ownership
Funds ownership: 136.12% → 0% (-136%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marathon Trading Investment Management
Radnor,
Pennsylvania
|
+$314M |
| 2 |
Citigroup
New York
|
+$83.4M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$59.2M |
| 4 |
SAC Capital Advisors
Stamford,
Connecticut
|
+$37.8M |
| 5 |
Barclays
London,
United Kingdom
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$37.3M |
| 2 |
JP Morgan Chase
New York
|
-$19.2M |
| 3 |
Credit Suisse
Zurich,
Switzerland
|
-$16.6M |
| 4 |
Goldman Sachs
New York
|
-$16.5M |
| 5 |
Vermillion Asset Management
New York
|
-$14.3M |
USO Hedge Fund Activity: Q3 2013 in Review
75 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2013, worth a combined $1.67B — up 44% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of USO and 15 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 26 added.
The largest buyer was Marathon Trading Investment Management, adding an estimated $314M. The largest seller was Morgan Stanley, cutting an estimated $37.3M.
- 75 institutional investors held United States Oil Fund (USO) as of Q3 2013, down from 78 in Q2 2013.
- Funds reported $1.67B of United States Oil Fund stock for Q3 2013, up 44% quarter-over-quarter.
- 15 funds opened new United States Oil Fund positions in Q3 2013 and 17 closed out, a net change of -2 holders.
- The largest United States Oil Fund buyer in Q3 2013 was Marathon Trading Investment Management, an estimated $314M added.
- The largest United States Oil Fund seller in Q3 2013 was Morgan Stanley, an estimated $37.3M sold.
Based on aggregated 13F filings for Q3 2013.