United States Oil Fund
USO
186 hedge funds and large institutions have $817M invested in United States Oil Fund in 2022 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 46 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
18% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 38
10.27% more ownership
Funds ownership: 29.01% → 39.28% (+10%)
4% more capital invested
Capital invested by funds: $786M → $817M (+$30.9M)
4% less call options, than puts
Call options by funds: $1.27B | Put options by funds: $1.33B
8% less funds holding
Funds holding: 203 → 186 (-17)
33% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$88.5M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$86.6M |
| 3 |
Jane Street
New York
|
+$34M |
| 4 |
SMFG
Sumitomo Mitsui Financial Group
Tokyo,
Japan
|
+$30M |
| 5 |
CS
Clear Street
New York
|
+$29.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$51.8M |
| 2 |
Goldman Sachs
New York
|
-$34.2M |
| 3 |
PL
Parkwood LLC
Cleveland,
Ohio
|
-$28.8M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$24.1M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$11.8M |
USO Hedge Fund Activity: Q3 2022 in Review
186 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q3 2022, worth a combined $817M — up 3.9% from $786M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of USO and 31 opened new positions — a net loss of 15 holders — while 38 trimmed existing stakes and 45 added.
The largest buyer was Credit Suisse, adding an estimated $88.5M. The largest seller was Citadel Advisors, cutting an estimated $51.8M.
- 186 institutional investors held United States Oil Fund (USO) as of Q3 2022, down from 203 in Q2 2022.
- Funds reported $817M of United States Oil Fund stock for Q3 2022, up 3.9% quarter-over-quarter.
- 31 funds opened new United States Oil Fund positions in Q3 2022 and 46 closed out, a net change of -15 holders.
- The largest United States Oil Fund buyer in Q3 2022 was Credit Suisse, an estimated $88.5M added.
- The largest United States Oil Fund seller in Q3 2022 was Citadel Advisors, an estimated $51.8M sold.
Based on aggregated 13F filings for Q3 2022.