United States Oil Fund
177 hedge funds and large institutions have $875M invested in United States Oil Fund in 2016 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 58 increasing their positions, 40 reducing their positions, and 22 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 40
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
32% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 22
28% more capital invested
Capital invested by funds: $681M → $875M (+$194M)
3% more funds holding
Funds holding: 172 → 177 (+5)
0.59% more ownership
Funds ownership: 2.55% → 3.15% (+0.59%)
5% less call options, than puts
Call options by funds: $1.37B | Put options by funds: $1.45B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$47.3M |
| 2 |
Goldman Sachs
New York
|
+$33.2M |
| 3 |
Citigroup
New York
|
+$31.5M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$23.9M |
| 5 |
Jane Street
New York
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$19.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.07M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$4.63M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
-$4.3M |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$4.06M |
USO Hedge Fund Activity: Q3 2016 in Review
177 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2016, worth a combined $875M — up 28% from $681M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new USO positions and 22 closed out — a net gain of 7 holders — while 58 added to existing stakes and 40 trimmed.
The largest buyer was UBS Group, adding an estimated $47.3M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $19.9M sold.
- 177 institutional investors held United States Oil Fund (USO) as of Q3 2016, up from 172 in Q2 2016.
- Funds reported $875M of United States Oil Fund stock for Q3 2016, up 28% quarter-over-quarter.
- 29 funds opened new United States Oil Fund positions in Q3 2016 and 22 closed out, a net change of +7 holders.
- The largest United States Oil Fund buyer in Q3 2016 was UBS Group, an estimated $47.3M added.
- The largest United States Oil Fund seller in Q3 2016 was Susquehanna International Group, an estimated $19.9M sold.
Based on aggregated 13F filings for Q3 2016.