United States Oil Fund
180 hedge funds and large institutions have $719M invested in United States Oil Fund in 2016 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 38 increasing their positions, 60 reducing their positions, and 30 closing their positions.
30% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 30
2% more funds holding
Funds holding: 176 → 180 (+4)
0.33% less ownership
Funds ownership: 3.15% → 2.81% (-0.33%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
18% less capital invested
Capital invested by funds: $875M → $719M (-$155M)
29% less call options, than puts
Call options by funds: $945M | Put options by funds: $1.34B
37% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 60
Top Buyers
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$24M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$17.9M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$14.2M |
| 4 |
MC
Maplelane Capital
New York
|
+$11.8M |
| 5 |
Barclays
London,
United Kingdom
|
+$9.46M |
Top Sellers
| 1 |
HI
HBK Investments
Dallas,
Texas
|
-$79.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$59.9M |
| 3 |
Citigroup
New York
|
-$57M |
| 4 |
Goldman Sachs
New York
|
-$28.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$25.3M |
USO Hedge Fund Activity: Q4 2016 in Review
180 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q4 2016, worth a combined $719M — down 18% from $875M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new USO positions and 30 closed out — a net gain of 9 holders — while 38 added to existing stakes and 60 trimmed.
The largest buyer was Credit Suisse, adding an estimated $24M. The largest seller was HBK Investments, cutting an estimated $79.9M.
- 180 institutional investors held United States Oil Fund (USO) as of Q4 2016, up from 176 in Q3 2016.
- Funds reported $719M of United States Oil Fund stock for Q4 2016, down 18% quarter-over-quarter.
- 39 funds opened new United States Oil Fund positions in Q4 2016 and 30 closed out, a net change of +9 holders.
- The largest United States Oil Fund buyer in Q4 2016 was Credit Suisse, an estimated $24M added.
- The largest United States Oil Fund seller in Q4 2016 was HBK Investments, an estimated $79.9M sold.
Based on aggregated 13F filings for Q4 2016.