Vault-13

UNITED STS OIL FD LP USO

UNITS · ETP · CUSIP 91232N207

200 institutional holders +13 vs Q3 2022
10,570,54210.6m shares reported held*
$740.2mreported value*
43 new 39 added 51 reduced 35 sold out net sold ≈ $117.7m (-1.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $70.02. Options: 32 managers hold calls ($1.4bn notional), 22 hold puts ($1.1bn).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 187Q4 22: 200200Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022187
Q4 2022200

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500m$1bn$1.5bnQ3 22 calls: $1.3bnQ3 22 puts: $1.3bnQ3 22P/C 1.04Q4 22 calls: $1.4bnQ4 22 puts: $1.1bnQ4 22P/C 0.77
Numbers
QuarterCallsPutsP/C
Q3 2022$1.3bn$1.3bn1.04
Q4 2022$1.4bn$1.1bn0.77

Biggest buyers

CITADEL ADVISORS LLC Added +878,881+878.9k
JANE STREET GROUP, LLC Added +765,113+765.1k
Jefferies Financial Group Inc. New +669,870+669.9k
NATIXIS New +539,045+539.0k
BANK OF NOVA SCOTIA New +499,999+500.0k
NATIONAL BANK OF CANADA /FI/ Added +434,900+434.9k
SUMITOMO MITSUI FINANCIAL GROUP, INC. Added +215,000+215.0k
Kestra Advisory Services, LLC Added +205,264+205.3k
SIMPLEX TRADING, LLC New +152,533+152.5k
SPX Gestao de Recursos Ltda New +142,100+142.1k

Biggest sellers

CREDIT SUISSE AG/ Reduced -2,769,026-2.8m
BANK OF MONTREAL /CAN/ Reduced -1,040,902-1.0m
Alberta Investment Management Corp Sold out -1,000,000-1.0m
CLEAR STREET LLC Sold out -400,707-400.7k
VICTORY CAPITAL MANAGEMENT INC Sold out -394,038-394.0k
CITIGROUP INC Reduced -173,144-173.1k
UBS Group AG Reduced -112,728-112.7k
Sourcerock Group LLC Sold out -103,802-103.8k
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Sold out -67,000-67.0k
NEW YORK STATE COMMON RETIREMENT FUND Reduced -52,700-52.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $299.5m4.3m shares
JANE STREET GROUP, LLC Added $225.0m3.2m shares
CITADEL ADVISORS LLC Reduced $188.1m2.7m shares
Parallax Volatility Advisers, L.P. Added $118.8m1.7m shares
Waratah Capital Advisors Ltd. New $72.2m1.0m shares
JPMORGAN CHASE & CO New $71.2m1.0m shares
BANK OF MONTREAL /CAN/ New $52.0m740.9k shares
IMC-Chicago, LLC Reduced $46.6m664.8k shares
BANK OF AMERICA CORP /DE/ Added $42.4m605.0k shares
Squarepoint Ops LLC New $42.1m600.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $360.9m5.1m shares
CITADEL ADVISORS LLC Added $208.1m3.0m shares
JANE STREET GROUP, LLC Reduced $108.5m1.5m shares
Squarepoint Ops LLC Unchanged $63.1m900.0k shares
BARCLAYS PLC First filing $50.4m718.4k shares
Jefferies Financial Group Inc. New $44.6m635.8k shares
SIMPLEX TRADING, LLC Reduced $35.3m503.1k shares
GOLDMAN SACHS GROUP INC Added $35.1m500.0k shares
IMC-Chicago, LLC Reduced $31.9m454.5k shares
NATIONAL BANK OF CANADA /FI/ New $30.5m4.3k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q4 2022

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2022.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JANE STREET GROUP, LLC 0.17% of their portfolio NEW YORK, NY 1,268,6131.3m $88.9m $88.9m 0.17% Added +765.1k +765,113
2 CITADEL ADVISORS LLC 0.08% of their portfolio MIAMI, FL 986,706986.7k $69.2m $69.2m 0.08% Added +878.9k +878,881
3 SUMITOMO MITSUI FINANCIAL GROUP, INC. 2.25% of their portfolio TOKYO, M0 847,400847.4k $59.4m $59.4m 2.25% Added +215.0k +215,000
4 Jefferies Financial Group Inc. 0.80% of their portfolio NEW YORK, NY 669,870669.9k $47.0m $47.0m 0.80% New
5 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 645,190645.2k $45.3m $45.3m 0.02% Reduced -1.0m -1,040,902
6 NATIXIS 0.22% of their portfolio PARIS, I0 539,045539.0k $37.8m $37.8m 0.22% New
7 BANK OF NOVA SCOTIA 0.09% of their portfolio TORONTO, A6 499,999500.0k $35.1m $35.1m 0.09% New
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 475,823475.8k $33.4m $33.4m 0.00% Added +61.1k +61,117
9 NATIONAL BANK OF CANADA /FI/ 0.08% of their portfolio MONTREAL, A8 435,470435.5k $30.5m $30.5m 0.08% Added +434.9k +434,900
10 CREDIT SUISSE AG/ 0.03% of their portfolio ZURICH, V8 334,910334.9k $23.5m $23.5m 0.03% Reduced -2.8m -2,769,026
11 Squarepoint Ops LLC 0.15% of their portfolio NEW YORK, NY 315,278315.3k $22.1m $22.1m 0.15% Reduced -40.1k -40,079
12 BlackRock Inc. 0.00% of their portfolio New York, NY 313,060313.1k $21.9m $21.9m 0.00% Reduced -25.0k -25,042
13 Kestra Advisory Services, LLC 0.16% of their portfolio AUSTIN, TX 249,283249.3k $17.5m $17.5m 0.16% Added +205.3k +205,264
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 166,547166.5k $11.7m $11.7m 0.02% Added +46.9k +46,861
15 LITTLEJOHN & CO LLC 6.63% of their portfolio GREENWICH, CT 157,000157.0k $11.0m $11.0m 6.63% Added +2.5k +2,500
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 153,108153.1k $10.7m $10.7m 0.00% Reduced -33.6k -33,581
17 SIMPLEX TRADING, LLC 0.51% of their portfolio CHICAGO, IL 152,533152.5k $10.7m $10.7m 0.51% New
18 GROUP ONE TRADING LLC 0.36% of their portfolio CHICAGO, IL 151,293151.3k $10.6m $10.6m 0.36% Added +9.8k +9,779
19 Stockman Wealth Management, Inc. 2.37% of their portfolio BILLINGS, MT 146,798146.8k $10.3m $10.3m 2.37% Added +14.2k +14,194
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 142,351142.4k $10.0m $10.0m 0.00% Reduced -51.6k -51,646
21 SPX Gestao de Recursos Ltda 1.12% of their portfolio RIO DE JANEIRO, D5 142,100142.1k $10.0m $10.0m 1.12% New
22 Walleye Trading LLC 0.23% of their portfolio NEW YORK, NY 130,446130.4k $9.1m $9.1m 0.23% Added +34.1k +34,077
23 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 103,410103.4k $7.3m $7.3m 0.01% Added +46.0k +45,972
24 Cutler Group LLC / CA 0.87% of their portfolio SAN FRANCISCO, CA 101,243101.2k $7.1m $7.1m 0.87% Added +47.9k +47,879
25 HAP Trading, LLC 1.13% of their portfolio NEW YORK, NY 98,43098.4k $6.9m $6.9m 1.13% Added +83.9k +83,912
26 MADDEN SECURITIES Corp 2.85% of their portfolio DALLAS, TX 77,15177.2k $5.4m $5.4m 2.85% Added +36.2k +36,205
27 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 63,40063.4k $4.4m $4.4m 0.01% Reduced -52.7k -52,700
28 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 63,40063.4k $4.4m $4.4m 0.00% Reduced -52.7k -52,700
29 IMC-Chicago, LLC 0.83% of their portfolio CHICAGO, IL 53,95654.0k $3.8m $3.8m 0.83% Added +13.9k +13,932
30 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 49,26649.3k $3.5m $3.5m 0.00% Reduced -173.1k -173,144
31 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 47,34347.3k $3.3m $3.3m 0.00% Reduced -3.6k -3,587
32 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 40,67940.7k $2.9m $2.9m 0.01% Reduced -21.1k -21,109
33 Knollwood Investment Advisory, LLC 1.07% of their portfolio HUNT VALLEY, MD 38,91538.9k $2.7m $2.7m 1.07% First filing
34 Greenland Capital Management LP 0.46% of their portfolio NEW YORK, NY 35,82435.8k $2.5m $2.5m 0.46% First filing
35 National Wealth Management Group, LLC 2.99% of their portfolio CINCINNATI, OH 35,54935.5k $2.5m $2.5m 2.99% Reduced -2.3k -2,325
36 Harvest Fund Management Co., Ltd 0.59% of their portfolio BEIJING, F4 32,84532.8k $2.3m $2.3m 0.59% Reduced -7.5k -7,462
37 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.35% of their portfolio Fort Collins, CO 30,01830.0k $2.1m $2.1m 0.35% New
38 Advisory Services Network, LLC 0.06% of their portfolio ATLANTA, GA 29,20729.2k $2.0m $2.0m 0.06% Added +1.0k +1,046
39 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 25,79525.8k $1.8m $1.8m 0.00% Added +3.0k +3,043
40 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 25,14925.1k $1.8m $1.8m 0.01% Added +887 +887
41 E Fund Management Co., Ltd. 0.15% of their portfolio GUANGZHOU, F4 24,86924.9k $1.7m $1.7m 0.15% Reduced -17.8k -17,779
42 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 21,48121.5k $1.5m $1.5m 0.00% First filing
43 OLD MISSION CAPITAL LLC 0.07% of their portfolio CHICAGO, IL 21,40021.4k $1.5m $1.5m 0.07% New
44 WOLVERINE TRADING, LLC 0.03% of their portfolio CHICAGO, IL 21,14221.1k $1.5m $1.5m 0.03% New
45 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 20,51020.5k $1.4m $1.4m 0.00% Reduced -1.3k -1,335
46 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 19,80019.8k $1.4m $1.4m 0.01% Reduced -15.8k -15,815
47 Castellan Group 0.96% of their portfolio LOUISVILLE, KY 19,61519.6k $1.4m $1.4m 0.96% Added +1.9k +1,905
48 Daiwa Securities Group Inc. 0.01% of their portfolio CHIYODA-KU,TOKYO, M0 19,20019.2k $1.3m $1.3m 0.01% Added +2.3k +2,300
49 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 17,38517.4k $1.1m $1.1m 0.03% Reduced -1.5k -1,481
50 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 16,82216.8k $1.2m $1.2m 0.00% Reduced -7.9k -7,924
51 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 15,27415.3k $1.1m $1.1m 0.01% Added +4.3k +4,315
52 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 15,15215.2k $1.1m $1.1m 0.00% Added +4.7k +4,739
53 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 14,40814.4k $1.0m $1.0m 0.00% Reduced -647 -647
54 Truepoint, Inc. 0.03% of their portfolio CINCINNATI, OH 13,73313.7k $962.8k $962.8k 0.03% Unchanged
55 SVB WEALTH LLC 0.01% of their portfolio BOSTON, MA 13,62513.6k $955.2k $955.2k 0.01% Added +1.1k +1,125
56 Cetera Advisors LLC 0.02% of their portfolio DENVER, CO 13,22613.2k $927.3k $927.3k 0.02% Reduced -180 -180
57 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 12,84512.8k $901.0k $901.0k 0.00% Reduced -200 -200
58 BANK OF THE WEST 0.10% of their portfolio LOS ANGELES, CA 12,24012.2k $858.1k $858.1k 0.10% Unchanged
59 FORMULA GROWTH LTD 0.25% of their portfolio MONTREAL, A8 12,09012.1k $847.6k $847.6k 0.25% New
60 Meridian Wealth Management, LLC 0.08% of their portfolio LEXINGTON, KY 11,35111.4k $795.8k $795.8k 0.08% New
61 Clearstead Advisors, LLC 0.06% of their portfolio CLEVELAND, OH 10,88310.9k $763.0k $763.0k 0.06% Unchanged
62 CSS LLC/IL 0.05% of their portfolio CHICAGO, IL 10,83110.8k $759.4k $759.4k 0.05% Unchanged
63 Parkwood LLC 0.02% of their portfolio CLEVELAND, OH 10,57710.6k $76.0k $76.0k 0.02% Reduced -45.1k -45,066
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 10,52210.5k $737.7k $737.7k 0.00% Reduced -5.6k -5,591
65 Weiss Multi-Strategy Advisers LLC 0.02% of their portfolio NEW YORK, NY 10,00010.0k $701.0k $701.0k 0.02% Reduced -40.0k -40,000
66 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 9,6659.7k $677.0k $677.0k 0.00% Reduced -30 -30
67 Polar Asset Management Partners Inc. 0.01% of their portfolio TORONTO, A6 9,2389.2k $647.7k $647.7k 0.01% New
68 ALPINE WOODS CAPITAL INVESTORS, LLC 0.09% of their portfolio PURCHASE, NY 9,0009.0k $631.0k $631.0k 0.09% New
69 WealthCare Investment Partners, LLC 0.42% of their portfolio PORTSMOUTH, RI 8,7448.7k $613.0k $613.0k 0.42% Reduced -20 -20
70 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 8,4358.4k $591.4k $591.4k 0.00% Reduced -23 -23
71 Mariner, LLC 0.00% of their portfolio Overland Park, KS 8,1978.2k $575.0k $575.0k 0.00% Reduced -610 -610
72 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 8,1868.2k $574.0k $574.0k 0.01% Reduced -424 -424
73 Finer Wealth Management, Inc. 0.52% of their portfolio SALEM, MA 7,9117.9k $554.6k $554.6k 0.52% Added +1.8k +1,832
74 One River Asset Management, LLC 0.37% of their portfolio STAMFORD, CT 7,8627.9k $539.6k $539.6k 0.37% First filing
75 Keel Point, LLC 0.08% of their portfolio HUNTSVILLE, AL 7,2467.2k $508.0k $508.0k 0.08% Unchanged
76 WR Wealth Planners, LLC 0.31% of their portfolio COLUMBIA, MO 7,1737.2k $502.9k $502.9k 0.31% Reduced -871 -871
77 Integrated Advisors Network LLC 0.03% of their portfolio DALLAS, TX 7,0097.0k $491.4k $491.4k 0.03% Reduced -490 -490
78 Global Endowment Management, LP 0.05% of their portfolio CHARLOTTE, NC 7,0007.0k $490.8k $490.8k 0.05% New
79 TWO SIGMA SECURITIES, LLC 0.07% of their portfolio NEW YORK, NY 6,8956.9k $483.4k $483.4k 0.07% New
80 Hunting Hill Global Capital, LLC 0.29% of their portfolio New York, NY 6,0616.1k $424.9k $424.9k 0.29% New
81 Investmark Advisory Group LLC 0.31% of their portfolio Shelton, CT 5,9275.9k $415.5k $415.5k 0.31% Unchanged
82 Ignite Planners, LLC 0.17% of their portfolio SAN CLEMENTE, CA 5,8445.8k $406.2k $406.2k 0.17% New
83 MGO ONE SEVEN LLC 0.04% of their portfolio Beachwood, OH 5,6535.7k $396.3k $396.3k 0.04% Added +1.8k +1,789
84 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 5,5835.6k $391.4k $391.4k 0.00% Reduced -2.5k -2,461
85 EVERGREEN CAPITAL MANAGEMENT LLC 0.02% of their portfolio Bellevue, WA 5,5505.5k $389.1k $389.1k 0.02% New
86 Ibex Investors LLC 0.58% of their portfolio Denver, CO 5,4505.5k $382.1k $382.1k 0.58% New
87 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 5,3915.4k $378.0k $378.0k 0.00% Unchanged
88 Proficio Capital Partners LLC 0.07% of their portfolio NEWTON, MA 5,3005.3k $371.6k $371.6k 0.07% New
89 Ameritas Advisory Services, LLC 0.02% of their portfolio Lincoln, NE 5,2005.2k $364.6k $364.6k 0.02% Reduced -2.4k -2,372
90 Menard Financial Group LLC 0.86% of their portfolio HOUSTON, TX 5,1685.2k $362.3k $362.3k 0.86% Unchanged
91 FOUNDERS FINANCIAL SECURITIES LLC 0.06% of their portfolio TOWSON, MD 5,0665.1k $355.2k $355.2k 0.06% Unchanged
92 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 4,8724.9k $341.6k $341.6k 0.01% Added +88 +88
93 Marathon Trading Investment Management LLC 0.21% of their portfolio RADNOR, PA 4,5004.5k $315.5k $315.5k 0.21% New
94 SMITH, MOORE & CO. 0.04% of their portfolio CLAYTON, MO 4,1744.2k $292.6k $292.6k 0.04% Unchanged
95 WADDELL & ASSOCIATES, LLC 0.05% of their portfolio MEMPHIS, TN 4,1574.2k $291.4k $291.4k 0.05% Reduced -100 -100
96 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 4,0434.0k $262.1k $262.1k 0.01% Reduced -98 -98
97 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 3,9744.0k $278.6k $278.6k 0.00% Unchanged
98 FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio BOSTON, MA 3,9493.9k $276.9k $276.9k 0.03% Unchanged
99 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,8373.8k $269.0k $269.0k 0.00% Reduced -112.7k -112,728
100 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 3,5923.6k $252.0k $252.0k 0.00% Added +112 +112