United States Oil Fund
194 hedge funds and large institutions have $581M invested in United States Oil Fund in 2021 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 31 increasing their positions, 60 reducing their positions, and 32 closing their positions.
63% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 32
46% more call options, than puts
Call options by funds: $2B | Put options by funds: $1.37B
10% more funds holding
Funds holding: 176 → 194 (+18)
9% more capital invested
Capital invested by funds: $534M → $581M (+$47.2M)
3.6% more ownership
Funds ownership: 20% → 23.6% (+3.6%)
48% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 60
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$61.6M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$51.1M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$26.8M |
| 4 |
Squarepoint
New York
|
+$21.9M |
| 5 |
BlackRock
New York
|
+$8.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$42.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$22.4M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$18.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$15.1M |
| 5 |
VA
Verdad Advisers
Boston,
Massachusetts
|
-$10.5M |
USO Hedge Fund Activity: Q4 2021 in Review
194 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q4 2021, worth a combined $581M — up 8.9% from $534M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new USO positions and 32 closed out — a net gain of 20 holders — while 31 added to existing stakes and 60 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $61.6M. The largest seller was Credit Suisse, cutting an estimated $42.5M.
- 194 institutional investors held United States Oil Fund (USO) as of Q4 2021, up from 176 in Q3 2021.
- Funds reported $581M of United States Oil Fund stock for Q4 2021, up 8.9% quarter-over-quarter.
- 52 funds opened new United States Oil Fund positions in Q4 2021 and 32 closed out, a net change of +20 holders.
- The largest United States Oil Fund buyer in Q4 2021 was Goldman Sachs, an estimated $61.6M added.
- The largest United States Oil Fund seller in Q4 2021 was Credit Suisse, an estimated $42.5M sold.
Based on aggregated 13F filings for Q4 2021.