United States Oil Fund
USO
165 hedge funds and large institutions have $729M invested in United States Oil Fund in 2019 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 29 increasing their positions, 50 reducing their positions, and 31 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
14% more capital invested
Capital invested by funds: $642M → $729M (+$87M)
3% more call options, than puts
Call options by funds: $648M | Put options by funds: $631M
0% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 31
1% less funds holding
Funds holding: 166 → 165 (-1)
1.1% less ownership
Funds ownership: 6.53% → 5.42% (-1.1%)
42% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$43.8M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$23.8M |
| 3 |
JP Morgan Chase
New York
|
+$17.7M |
| 4 |
Citigroup
New York
|
+$10.2M |
| 5 |
BS
Banco Santander
Madrid,
Spain
|
+$7.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$84M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$24.5M |
| 3 |
Jane Street
New York
|
-$20.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$17.7M |
| 5 |
SMFG
Sumitomo Mitsui Financial Group
Tokyo,
Japan
|
-$16.1M |
USO Hedge Fund Activity: Q1 2019 in Review
165 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q1 2019, worth a combined $729M — up 14% from $642M a quarter earlier.
Fund positioning in USO was balanced in Q1 2019: 31 funds opened new positions, 31 closed out, 29 added to existing stakes and 50 trimmed.
The largest buyer was Barclays, adding an estimated $43.8M. The largest seller was Susquehanna International Group, cutting an estimated $84M.
- 165 institutional investors held United States Oil Fund (USO) as of Q1 2019, down from 166 in Q4 2018.
- Funds reported $729M of United States Oil Fund stock for Q1 2019, up 14% quarter-over-quarter.
- 31 funds opened new United States Oil Fund positions in Q1 2019 and 31 closed out, a net change of 0 holders.
- The largest United States Oil Fund buyer in Q1 2019 was Barclays, an estimated $43.8M added.
- The largest United States Oil Fund seller in Q1 2019 was Susquehanna International Group, an estimated $84M sold.
Based on aggregated 13F filings for Q1 2019.