United States Oil Fund
179 hedge funds and large institutions have $977M invested in United States Oil Fund in 2024 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 28 increasing their positions, 46 reducing their positions, and 29 closing their positions.
88% more call options, than puts
Call options by funds: $1.09B | Put options by funds: $580M
17% more capital invested
Capital invested by funds: $831M → $977M (+$145M)
13.19% more ownership
Funds ownership: 65.05% → 78.24% (+13%)
10% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 29
1% less funds holding
Funds holding: 180 → 179 (-1)
39% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$178M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$27.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$18.5M |
| 4 |
Barclays
London,
United Kingdom
|
+$11.4M |
| 5 |
Millennium Management
New York
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PL
Parkwood LLC
Cleveland,
Ohio
|
-$76.3M |
| 2 |
Goldman Sachs
New York
|
-$35.5M |
| 3 |
Citigroup
New York
|
-$28.6M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$18.5M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$13.8M |
USO Hedge Fund Activity: Q2 2024 in Review
179 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in United States Oil Fund (USO) for Q2 2024, worth a combined $977M — up 17% from $831M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new USO positions and 29 closed out — a net gain of 3 holders — while 28 added to existing stakes and 46 trimmed.
The largest buyer was Jane Street, adding an estimated $178M. The largest seller was Parkwood LLC, cutting an estimated $76.3M.
- 179 institutional investors held United States Oil Fund (USO) as of Q2 2024, down from 180 in Q1 2024.
- Funds reported $977M of United States Oil Fund stock for Q2 2024, up 17% quarter-over-quarter.
- 32 funds opened new United States Oil Fund positions in Q2 2024 and 29 closed out, a net change of +3 holders.
- The largest United States Oil Fund buyer in Q2 2024 was Jane Street, an estimated $178M added.
- The largest United States Oil Fund seller in Q2 2024 was Parkwood LLC, an estimated $76.3M sold.
Based on aggregated 13F filings for Q2 2024.