United States Oil Fund
USO
202 hedge funds and large institutions have $876M invested in United States Oil Fund in 2020 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 69 increasing their positions, 37 reducing their positions, and 100 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 37
35% more capital invested
Capital invested by funds: $650M → $876M (+$226M)
0.08% more ownership
Funds ownership: 16.79% → 16.87% (+0.08%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6% less funds holding
Funds holding: 216 → 202 (-14)
14% less first-time investments, than exits
New positions opened: 86 | Existing positions closed: 100
26% less call options, than puts
Call options by funds: $1.47B | Put options by funds: $1.99B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$165M |
| 2 |
Jane Street
New York
|
+$74.3M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$36.7M |
| 4 |
Morgan Stanley
New York
|
+$30.8M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$39.9M |
| 2 |
XS
XR Securities
Chicago,
Illinois
|
-$21.8M |
| 3 |
Barclays
London,
United Kingdom
|
-$14.4M |
| 4 |
Goldman Sachs
New York
|
-$10.5M |
| 5 |
SIM
Strategic Investment Management
Arlington,
Virginia
|
-$9.33M |
USO Hedge Fund Activity: Q2 2020 in Review
202 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q2 2020, worth a combined $876M — up 35% from $650M a quarter earlier.
Sellers outnumbered buyers: 100 funds closed out of USO and 86 opened new positions — a net loss of 14 holders — while 37 trimmed existing stakes and 69 added.
The largest buyer was Susquehanna International Group, adding an estimated $165M. The largest seller was JP Morgan Chase, cutting an estimated $39.9M.
- 202 institutional investors held United States Oil Fund (USO) as of Q2 2020, down from 216 in Q1 2020.
- Funds reported $876M of United States Oil Fund stock for Q2 2020, up 35% quarter-over-quarter.
- 86 funds opened new United States Oil Fund positions in Q2 2020 and 100 closed out, a net change of -14 holders.
- The largest United States Oil Fund buyer in Q2 2020 was Susquehanna International Group, an estimated $165M added.
- The largest United States Oil Fund seller in Q2 2020 was JP Morgan Chase, an estimated $39.9M sold.
Based on aggregated 13F filings for Q2 2020.