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United States Oil Fund

172 hedge funds and large institutions have $658M invested in United States Oil Fund in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 51 increasing their positions, 59 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

0.01% more ownership

Funds ownership: 2.54%2.55% (+0.01%)

8% less funds holding

Funds holding: 187172 (-15)

8% less capital invested

Capital invested by funds: $717M → $658M (-$59.8M)

14% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 59

30% less call options, than puts

Call options by funds: $626M | Put options by funds: $890M

44% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 32

Holders
172
Holders Change
-15
Holders Change %
-8.02%
% of All Funds
4.59%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.13%
New
18
Increased
51
Reduced
59
Closed
32
Calls
$626M
Puts
$890M
Net Calls
-$264M
Net Calls Change
-$153M
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
1
Citigroup
New York
$106M +$47M +524,851 +84%
HI
2
HBK Investments
Texas
$76.8M -$71.4M -797,850 -49%
Morgan Stanley
3
Morgan Stanley
New York
$65.2M -$56.3M -629,031 -47%
Bank of America
4
Bank of America
North Carolina
$33.4M +$6.66M +74,342 +26%
Goldman Sachs
5
Goldman Sachs
New York
$24.2M -$3.86M -43,099 -14%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$22M +$590K +6,594 +3%
Barclays
7
Barclays
United Kingdom
$21.2M -$377K -4,209 -2%
N
8
Natixis
France
$20.1M +$191K +2,137 +1%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$19.8M +$1.4M +15,643 +8%
LPL Financial
10
LPL Financial
California
$16.6M -$17.7M -197,483 -52%
OTC
11
Opera Trading Capital
France
$14.1M +$6.6M +73,750 +94%
UBS Group
12
UBS Group
Switzerland
$13.8M -$69.8K -780 -0.5%
GF
13
Gabelli Funds
New York
$12.5M -$201K -2,250 -2%
Group One Trading
14
Group One Trading
Illinois
$12.2M +$391K +4,364 +3%
BNP Paribas Financial Markets
15
BNP Paribas Financial Markets
France
$11M -$7.78M -86,843 -42%
Jane Street
16
Jane Street
New York
$10.9M -$22.7M -253,178 -68%
CS
17
Credit Suisse
Switzerland
$10.8M -$10.3M -114,691 -50%
ED
18
Exane Derivatives
France
$10.6M +$5.17M +57,727 +101%
Nomura Holdings
19
Nomura Holdings
Japan
$8.29M -$7.32M -81,794 -48%
BG
20
Bollard Group
Massachusetts
$7.71M
Wells Fargo
21
Wells Fargo
California
$6.96M -$7.79M -87,025 -54%
CG
22
Cutler Group
California
$6.27M +$4.89M +54,559 +415%
ACI
23
AB CarVal Investors
Minnesota
$5.79M +$5.6M +62,500 New
CC
24
Chanos & Company
New York
$5.71M -$2.05M -22,948 -27%
Wolverine Trading
25
Wolverine Trading
Illinois
$5.67M +$5.38M +60,062 New

USO Hedge Fund Activity: Q2 2016 in Review

172 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q2 2016, worth a combined $658M — down 8.3% from $717M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of USO and 18 opened new positions — a net loss of 14 holders — while 59 trimmed existing stakes and 51 added.

The largest buyer was Citigroup, adding an estimated $47M. The largest seller was HBK Investments, cutting an estimated $71.4M.

  • 172 institutional investors held United States Oil Fund (USO) as of Q2 2016, down from 187 in Q1 2016.
  • Funds reported $658M of United States Oil Fund stock for Q2 2016, down 8.3% quarter-over-quarter.
  • 18 funds opened new United States Oil Fund positions in Q2 2016 and 32 closed out, a net change of -14 holders.
  • The largest United States Oil Fund buyer in Q2 2016 was Citigroup, an estimated $47M added.
  • The largest United States Oil Fund seller in Q2 2016 was HBK Investments, an estimated $71.4M sold.

Based on aggregated 13F filings for Q2 2016.