United States Oil Fund
USO
171 hedge funds and large institutions have $708M invested in United States Oil Fund in 2017 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 32 increasing their positions, 67 reducing their positions, and 27 closing their positions.
0.48% more ownership
Funds ownership: 3.2% → 3.68% (+0.48%)
5% less call options, than puts
Call options by funds: $970M | Put options by funds: $1.02B
7% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 27
3% less funds holding
Funds holding: 177 → 171 (-6)
16% less capital invested
Capital invested by funds: $843M → $708M (-$135M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
52% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$77.5M |
| 2 |
Morgan Stanley
New York
|
+$39.6M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$30.8M |
| 4 |
JP Morgan Chase
New York
|
+$25M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$120M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$85.2M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$54.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$26.2M |
| 5 |
Jane Street
New York
|
-$18.3M |
USO Hedge Fund Activity: Q3 2017 in Review
171 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2017, worth a combined $708M — down 16% from $843M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of USO and 25 opened new positions — a net loss of 2 holders — while 67 trimmed existing stakes and 32 added.
The largest buyer was Citigroup, adding an estimated $77.5M. The largest seller was Susquehanna International Group, cutting an estimated $120M.
- 171 institutional investors held United States Oil Fund (USO) as of Q3 2017, down from 177 in Q2 2017.
- Funds reported $708M of United States Oil Fund stock for Q3 2017, down 16% quarter-over-quarter.
- 25 funds opened new United States Oil Fund positions in Q3 2017 and 27 closed out, a net change of -2 holders.
- The largest United States Oil Fund buyer in Q3 2017 was Citigroup, an estimated $77.5M added.
- The largest United States Oil Fund seller in Q3 2017 was Susquehanna International Group, an estimated $120M sold.
Based on aggregated 13F filings for Q3 2017.