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United States Oil Fund

171 hedge funds and large institutions have $704M 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.

New
Increased
Maintained
Reduced
Closed

0.48% more ownership

Funds ownership: 3.2%3.68% (+0.48%)

4% less call options, than puts

Call options by funds: $964M | Put options by funds: $1.01B

7% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 27

3% less funds holding

Funds holding: 177171 (-6)

16% less capital invested

Capital invested by funds: $839M → $704M (-$135M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

52% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 67

Holders
171
Holders Change
-6
Holders Change %
-3.39%
% of All Funds
4.26%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
25
Increased
32
Reduced
67
Closed
27
Calls
$964M
Puts
$1.01B
Net Calls
-$43.3M
Net Calls Change
+$331M
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
1
Citigroup
New York
$145M +$77.5M +983,197 +130%
Morgan Stanley
2
Morgan Stanley
New York
$97.7M +$39.6M +502,271 +75%
Goldman Sachs
3
Goldman Sachs
New York
$56.6M +$10.6M +134,876 +25%
Bank of America
4
Bank of America
North Carolina
$54.2M -$26.2M -333,172 -34%
BNP Paribas Financial Markets
5
BNP Paribas Financial Markets
France
$47.9M +$30.8M +391,467 +215%
JP Morgan Chase
6
JP Morgan Chase
New York
$30.8M +$25M +316,782 +600%
CS
7
Credit Suisse
Switzerland
$28.2M +$15.2M +192,917 +133%
Nomura Holdings
8
Nomura Holdings
Japan
$24.4M +$9.34M +118,560 +68%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$19.6M -$4.03M -51,106 -18%
LPL Financial
10
LPL Financial
California
$13.8M -$1.67M -21,228 -11%
PL
11
Polianta Ltd
Jersey
$11.6M +$10.9M +138,675 New
CA
12
Commerzbank Aktiengesellschaft
Germany
$11.5M -$15.6M -198,279 -59%
Parallax Volatility Advisers
13
Parallax Volatility Advisers
California
$11.4M +$10.8M +136,824 New
Wells Fargo
14
Wells Fargo
California
$9.88M -$2.16M -27,399 -19%
Barclays
15
Barclays
United Kingdom
$8.62M -$15.7M -199,426 -66%
AC
16
Argentiere Capital
Switzerland
$7.82M +$7.39M +93,750 New
CG
17
Cutler Group
California
$7.46M +$6.98M +88,599 +10,126%
GF
18
Gabelli Funds
New York
$7.13M -$1.25M -15,875 -16%
IG
19
ING Group
Netherlands
$6.49M +$5.27M +66,925 +617%
SG Americas Securities
20
SG Americas Securities
New York
$6.39M -$16.2M -206,023 -73%
N
21
Natixis
France
$5.43M -$860K -10,922 -14%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$4.71M -$120M -1,517,681 -96%
HFM
23
Harvest Fund Management
China
$4.61M -$1.18M -14,921 -21%
OTC
24
Opera Trading Capital
France
$4.38M +$49.2K +625 +1%
Citadel Advisors
25
Citadel Advisors
Florida
$3.89M -$9.13M -115,852 -71%

USO Hedge Fund Activity: Q3 2017 in Review

171 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2017, worth a combined $704M — down 16% from $839M 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 $704M 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.