United States Oil Fund
162 hedge funds and large institutions have $1.06B invested in United States Oil Fund in 2018 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 35 increasing their positions, 56 reducing their positions, and 27 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3.5% more ownership
Funds ownership: 47.57% → 51.07% (+3.5%)
4% more capital invested
Capital invested by funds: $1.01B → $1.06B (+$45.3M)
2% less funds holding
Funds holding: 165 → 162 (-3)
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
13% less call options, than puts
Call options by funds: $922M | Put options by funds: $1.05B
38% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$64.9M |
| 2 |
N
Natixis
Paris,
France
|
+$43.6M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$33.2M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$28.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$25.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$76.4M |
| 2 |
Morgan Stanley
New York
|
-$64.1M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$45.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$35.2M |
| 5 |
JP Morgan Chase
New York
|
-$15.1M |
USO Hedge Fund Activity: Q1 2018 in Review
162 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q1 2018, worth a combined $1.06B — up 4.5% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of USO and 24 opened new positions — a net loss of 3 holders — while 56 trimmed existing stakes and 35 added.
The largest buyer was Goldman Sachs, adding an estimated $64.9M. The largest seller was Citigroup, cutting an estimated $76.4M.
- 162 institutional investors held United States Oil Fund (USO) as of Q1 2018, down from 165 in Q4 2017.
- Funds reported $1.06B of United States Oil Fund stock for Q1 2018, up 4.5% quarter-over-quarter.
- 24 funds opened new United States Oil Fund positions in Q1 2018 and 27 closed out, a net change of -3 holders.
- The largest United States Oil Fund buyer in Q1 2018 was Goldman Sachs, an estimated $64.9M added.
- The largest United States Oil Fund seller in Q1 2018 was Citigroup, an estimated $76.4M sold.
Based on aggregated 13F filings for Q1 2018.