We are live on ! Find out more
USO icon

United States Oil Fund

127 hedge funds and large institutions have $585M invested in United States Oil Fund in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 52 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.91% less ownership

Funds ownership: 6.31%5.4% (-0.91%)

11% less funds holding

Funds holding: 143127 (-16)

19% less capital invested

Capital invested by funds: $722M → $585M (-$137M)

21% less call options, than puts

Call options by funds: $691M | Put options by funds: $871M

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

50% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 30

62% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 52

Holders
127
Holders Change
-16
Holders Change %
-11.19%
% of All Funds
2.78%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
15
Increased
20
Reduced
52
Closed
30
Calls
$691M
Puts
$871M
Net Calls
-$180M
Net Calls Change
+$205M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$152M +$111M +1,187,144 +243%
Goldman Sachs
2
Goldman Sachs
New York
$42.2M -$17M -181,538 -28%
Morgan Stanley
3
Morgan Stanley
New York
$38M -$5.16M -54,948 -12%
Wolverine Trading
4
Wolverine Trading
Illinois
$37.3M +$1.9M +20,239 +5%
Citigroup
5
Citigroup
New York
$31M -$650K -6,919 -2%
BNP Paribas Financial Markets
6
BNP Paribas Financial Markets
France
$28.6M -$53.1M -565,701 -64%
Parallax Volatility Advisers
7
Parallax Volatility Advisers
California
$26.9M +$11.4M +121,093 +69%
SIM
8
Strategic Investment Management
Virginia
$24.7M
CA
9
Commerzbank Aktiengesellschaft
Germany
$19.8M
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$19M -$44.9M -478,162 -70%
Bank of America
11
Bank of America
North Carolina
$19M -$4.9M -52,143 -20%
CS
12
Credit Suisse
Switzerland
$18.7M +$2.84M +30,256 +17%
SG Americas Securities
13
SG Americas Securities
New York
$10.8M -$3.62M -38,504 -24%
Citadel Advisors
14
Citadel Advisors
Florida
$10.7M -$15.9K -169 -0.1%
Marshall Wace
15
Marshall Wace
United Kingdom
$9.38M -$13.3M -141,233 -58%
Barclays
16
Barclays
United Kingdom
$8.54M -$28.4M -302,558 -76%
CC
17
Carlson Capital
Texas
$8.38M +$8.67M +92,375 New
Jane Street
18
Jane Street
New York
$7.99M -$8.46M -90,124 -51%
UBS Group
19
UBS Group
Switzerland
$7.5M -$145K -1,542 -2%
LPL Financial
20
LPL Financial
California
$7.18M -$938K -9,992 -11%
Bank of Nova Scotia
21
Bank of Nova Scotia
Ontario, Canada
$5.67M +$5.87M +62,500 New
Wells Fargo
22
Wells Fargo
California
$4.24M -$1.15M -12,299 -21%
WMSA
23
Weiss Multi-Strategy Advisers
New York
$3.29M +$1.24M +13,164 +57%
GLI
24
Guardian Life Insurance
New York
$2.44M
TSS
25
Two Sigma Securities
New York
$2.37M +$878K +9,349 +56%

USO Hedge Fund Activity: Q3 2019 in Review

127 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2019, worth a combined $585M — down 19% from $722M a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of USO and 15 opened new positions — a net loss of 15 holders — while 52 trimmed existing stakes and 20 added.

The largest buyer was JP Morgan Chase, adding an estimated $111M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $53.1M.

  • 127 institutional investors held United States Oil Fund (USO) as of Q3 2019, down from 143 in Q2 2019.
  • Funds reported $585M of United States Oil Fund stock for Q3 2019, down 19% quarter-over-quarter.
  • 15 funds opened new United States Oil Fund positions in Q3 2019 and 30 closed out, a net change of -15 holders.
  • The largest United States Oil Fund buyer in Q3 2019 was JP Morgan Chase, an estimated $111M added.
  • The largest United States Oil Fund seller in Q3 2019 was BNP Paribas Financial Markets, an estimated $53.1M sold.

Based on aggregated 13F filings for Q3 2019.