United States Oil Fund
176 hedge funds and large institutions have $534M invested in United States Oil Fund in 2021 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 22 increasing their positions, 67 reducing their positions, and 28 closing their positions.
67% more call options, than puts
Call options by funds: $1.48B | Put options by funds: $889M
1.64% more ownership
Funds ownership: 18.37% → 20% (+1.6%)
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
2% less funds holding
Funds holding: 180 → 176 (-4)
6% less capital invested
Capital invested by funds: $569M → $534M (-$35.6M)
67% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$20.6M |
| 2 |
VA
Verdad Advisers
Boston,
Massachusetts
|
+$9.78M |
| 3 |
Jane Street
New York
|
+$9.41M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$7.42M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$60.8M |
| 2 |
SMFG
Sumitomo Mitsui Financial Group
Tokyo,
Japan
|
-$28.4M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$12.3M |
| 4 |
Morgan Stanley
New York
|
-$9.02M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$6.36M |
USO Hedge Fund Activity: Q3 2021 in Review
176 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2021, worth a combined $534M — down 6.3% from $569M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of USO and 27 opened new positions — a net loss of 1 holder — while 67 trimmed existing stakes and 22 added.
The largest buyer was Susquehanna International Group, adding an estimated $20.6M. The largest seller was Credit Suisse, cutting an estimated $60.8M.
- 176 institutional investors held United States Oil Fund (USO) as of Q3 2021, down from 180 in Q2 2021.
- Funds reported $534M of United States Oil Fund stock for Q3 2021, down 6.3% quarter-over-quarter.
- 27 funds opened new United States Oil Fund positions in Q3 2021 and 28 closed out, a net change of -1 holder.
- The largest United States Oil Fund buyer in Q3 2021 was Susquehanna International Group, an estimated $20.6M added.
- The largest United States Oil Fund seller in Q3 2021 was Credit Suisse, an estimated $60.8M sold.
Based on aggregated 13F filings for Q3 2021.