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United States Oil Fund

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.

New
Increased
Maintained
Reduced
Closed

45% more capital invested

Capital invested by funds: $1.16B → $1.67B (+$517M)

18% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 22

7.06% more ownership

Funds ownership: 17.02%24.07% (+7.1%)

2% less call options, than puts

Call options by funds: $1.21B | Put options by funds: $1.23B

4% less funds holding

Funds holding: 7875 (-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: 21 (-1)

Holders
75
Holders Change
-3
Holders Change %
-3.85%
% of All Funds
2.43%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
15
Increased
26
Reduced
22
Closed
17
Calls
$1.21B
Puts
$1.23B
Net Calls
-$19.8M
Net Calls Change
+$271M
Name Holding Trade Value Shares
Change
Change in
Stake
MTIM
1
Marathon Trading Investment Management
Pennsylvania
$307M +$314M +1,041,200 +84,103%
Citigroup
2
Citigroup
New York
$305M +$83.4M +276,644 +36%
Morgan Stanley
3
Morgan Stanley
New York
$240M -$37.3M -123,830 -13%
Goldman Sachs
4
Goldman Sachs
New York
$207M -$16.5M -54,665 -7%
CS
5
Credit Suisse
Switzerland
$202M -$16.6M -55,122 -7%
BNP Paribas Financial Markets
6
BNP Paribas Financial Markets
France
$114M +$59.2M +196,233 +103%
Bank of America
7
Bank of America
North Carolina
$49.6M -$1.71M -5,678 -3%
JP Morgan Chase
8
JP Morgan Chase
New York
$42.1M -$19.2M -63,533 -31%
SCA
9
SAC Capital Advisors
Connecticut
$36.9M +$37.8M +125,325 New
Deutsche Bank
10
Deutsche Bank
Germany
$33.1M -$3.02M -10,018 -8%
Barclays
11
Barclays
United Kingdom
$25.8M +$16.1M +53,375 +148%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$13.2M +$5.7M +18,895 +73%
U
13
UBS
Switzerland
$10.9M +$2.53M +8,395 +29%
Nomura Holdings
14
Nomura Holdings
Japan
$10.1M +$9.91M +32,860 +2,585%
CC
15
Curian Capital
Colorado
$9.39M +$9.61M +31,869 New
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$8.7M +$6.64M +22,009 +294%
Millennium Management
17
Millennium Management
New York
$7.42M +$7.08M +23,494 +1,390%
VF
18
Virtu Financial
New York
$5.55M -$2.32M -7,686 -29%
VKH
19
Virtu KCG Holdings
New York
$4.22M +$4.32M +14,324 New
Wells Fargo
20
Wells Fargo
California
$4.05M +$1.06M +3,524 +35%
FAM
21
Forty4 Asset Management
Illinois
$3.66M +$3.54M +11,725 +1,675%
N
22
Natixis
France
$3.57M +$754K +2,500 +26%
LPL Financial
23
LPL Financial
California
$3.15M -$83.2K -276 -3%
IG
24
ING Group
Netherlands
$2.61M
Mirae Asset Global Investments
25
Mirae Asset Global Investments
South Korea
$2.34M -$30.2K -100 -1%

USO Hedge Fund Activity: Q3 2013 in Review

75 of the 3,084 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 45% 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 45% 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.