United States Oil Fund
141 hedge funds and large institutions have $985M invested in United States Oil Fund in 2015 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 45 increasing their positions, 31 reducing their positions, and 28 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 31
43% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 28
8% more funds holding
Funds holding: 130 → 141 (+11)
1.49% less ownership
Funds ownership: 6.4% → 4.91% (-1.5%)
17% less capital invested
Capital invested by funds: $1.19B → $985M (-$207M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less call options, than puts
Call options by funds: $967M | Put options by funds: $1.37B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$58.7M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$48.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$36.5M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$31.2M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$90.8M |
| 2 |
JP Morgan Chase
New York
|
-$33.9M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$16.9M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$13M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.98M |
USO Hedge Fund Activity: Q3 2015 in Review
141 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2015, worth a combined $985M — down 17% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new USO positions and 28 closed out — a net gain of 12 holders — while 45 added to existing stakes and 31 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $58.7M. The largest seller was Morgan Stanley, cutting an estimated $90.8M.
- 141 institutional investors held United States Oil Fund (USO) as of Q3 2015, up from 130 in Q2 2015.
- Funds reported $985M of United States Oil Fund stock for Q3 2015, down 17% quarter-over-quarter.
- 40 funds opened new United States Oil Fund positions in Q3 2015 and 28 closed out, a net change of +12 holders.
- The largest United States Oil Fund buyer in Q3 2015 was Goldman Sachs, an estimated $58.7M added.
- The largest United States Oil Fund seller in Q3 2015 was Morgan Stanley, an estimated $90.8M sold.
Based on aggregated 13F filings for Q3 2015.