Vault-13

UNITED STS OIL FD LP USO

UNITS · ETP · CUSIP 91232N207

178 institutional holders +0 vs Q1 2024
12,210,62812.2m shares reported held*
$969.6mreported value*
27 new 29 added 46 reduced 28 sold out net bought ≈ $57.9m (-233.1k 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 ($6.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $79.41. Options: 23 managers hold calls ($1.1bn notional), 18 hold puts ($580.2m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 187Q4 22: 200Q1 23: 182Q2 23: 166Q3 23: 178Q4 23: 187Q1 24: 178Q2 24: 178178Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022187
Q4 2022200
Q1 2023182
Q2 2023166
Q3 2023178
Q4 2023187
Q1 2024178
Q2 2024178

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 82 bought or addedQ4 22: 86 cut or sold outQ4 22Q1 23: 58 bought or addedQ1 23: 94 cut or sold outQ2 23: 50 bought or addedQ2 23: 81 cut or sold outQ2 23Q3 23: 63 bought or addedQ3 23: 82 cut or sold outQ4 23: 76 bought or addedQ4 23: 85 cut or sold outQ4 23Q1 24: 60 bought or addedQ1 24: 81 cut or sold outQ2 24: 56 bought or addedQ2 24: 74 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20228286
Q1 20235894
Q2 20235081
Q3 20236382
Q4 20237685
Q1 20246081
Q2 20245674

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bn$2bnQ3 23 calls: $1.6bnQ3 23 puts: $1.9bnQ3 23P/C 1.23Q4 23 calls: $1.5bnQ4 23 puts: $1.4bnQ4 23P/C 0.95Q1 24 calls: $1.4bnQ1 24 puts: $1.1bnQ1 24P/C 0.83Q2 24 calls: $1.1bnQ2 24 puts: $580.2mQ2 24P/C 0.53
Numbers
QuarterCallsPutsP/C
Q3 2023$1.6bn$1.9bn1.23
Q4 2023$1.5bn$1.4bn0.95
Q1 2024$1.4bn$1.1bn0.83
Q2 2024$1.1bn$580.2m0.53

Biggest buyers

JANE STREET GROUP, LLC Added +2,295,529+2.3m
VICTORY CAPITAL MANAGEMENT INC New +357,102+357.1k
BANK OF AMERICA CORP /DE/ Added +238,595+238.6k
BARCLAYS PLC Added +147,417+147.4k
MILLENNIUM MANAGEMENT LLC New +140,166+140.2k
UBS Group AG Added +127,784+127.8k
Parallax Volatility Advisers, L.P. New +98,806+98.8k
WELLINGTON MANAGEMENT GROUP LLP New +90,434+90.4k
NEW YORK STATE COMMON RETIREMENT FUND New +90,434+90.4k
Squarepoint Ops LLC New +50,841+50.8k

Biggest sellers

MORGAN STANLEY Reduced -1,158,690-1.2m
Parkwood LLC Reduced -982,578-982.6k
GOLDMAN SACHS GROUP INC Reduced -457,178-457.2k
CITIGROUP INC Reduced -368,258-368.3k
FLOW TRADERS U.S. LLC Reduced -238,388-238.4k
Tower Research Capital LLC (TRC) Reduced -177,531-177.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -94,487-94.5k
IMC-Chicago, LLC Reduced -75,624-75.6k
BANK OF MONTREAL /CAN/ Reduced -69,921-69.9k
CITADEL ADVISORS LLC Reduced -55,161-55.2k

Biggest calls

UBS Group AG Reduced $356.5m4.5m shares
JANE STREET GROUP, LLC Added $345.2m4.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $187.4m2.4m shares
CITADEL ADVISORS LLC Added $34.0m427.7k shares
IMC-Chicago, LLC Reduced $33.0m415.1k shares
CITIGROUP INC New $27.9m350.0k shares
BARCLAYS PLC Reduced $25.1m315.0k shares
MILLENNIUM MANAGEMENT LLC Reduced $19.9m250.0k shares
WOLVERINE TRADING, LLC Added $19.5m245.6k shares
JPMORGAN CHASE & CO Unchanged $18.3m230.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $272.5m3.4m shares
Squarepoint Ops LLC Reduced $58.5m734.6k shares
Waratah Capital Advisors Ltd. New $47.8m600.7k shares
JANE STREET GROUP, LLC Reduced $46.9m589.6k shares
CITADEL ADVISORS LLC Added $38.1m478.4k shares
SONA ASSET MANAGEMENT (US) LLC New $35.8m450.0k shares
IMC-Chicago, LLC Added $30.5m383.8k shares
BANK OF AMERICA CORP /DE/ Reduced $15.9m200.0k shares
WOLVERINE TRADING, LLC Reduced $9.9m124.1k shares
SIMPLEX TRADING, LLC Reduced $9.8m123.1k 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 Q2 2024

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 Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JANE STREET GROUP, LLC 0.57% of their portfolio NEW YORK, NY 6,607,5786.6m $525.9m $525.9m 0.57% Added +2.3m +2,295,529
2 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,734,2551.7m $138.0m $138.0m 0.03% Reduced -457.2k -457,178
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 429,294429.3k $34.2m $34.2m 0.00% Reduced -1.2m -1,158,690
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 426,712426.7k $34.0m $34.0m 0.00% Added +238.6k +238,595
5 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 357,102357.1k $28.4m $28.4m 0.03% New
6 UBS Group AG 0.01% of their portfolio ZURICH, V8 289,847289.8k $23.1m $23.1m 0.01% Added +127.8k +127,784
7 FLOW TRADERS U.S. LLC 0.84% of their portfolio NEW YORK, NY 214,116214.1k $17.0m $17.0m 0.84% Reduced -238.4k -238,388
8 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 175,784175.8k $14.0m $14.0m 0.01% Reduced -55.2k -55,161
9 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 160,959161.0k $12.8m $12.8m 0.01% Added +147.4k +147,417
10 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 140,166140.2k $11.2m $11.2m 0.01% New
11 Parallax Volatility Advisers, L.P. 0.20% of their portfolio San Francisco, CA 98,80698.8k $7.9m $7.9m 0.20% New
12 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 90,43490.4k $7.2m $7.2m 0.01% New
13 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 90,43490.4k $7.2m $7.2m 0.00% New
14 IMC-Chicago, LLC 0.22% of their portfolio CHICAGO, IL 87,80787.8k $7.0m $7.0m 0.22% Reduced -75.6k -75,624
15 FFG Partners, LLC 2.49% of their portfolio Fort Lauderdale, FL 74,63774.6k $5.9m $5.9m 2.49% Added +3.4k +3,365
16 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 69,28169.3k $5.5m $5.5m 0.01% Reduced -94.5k -94,487
17 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 50,84150.8k $4.0m $4.0m 0.02% New
18 CIBC Private Wealth Group LLC 0.01% of their portfolio ATLANTA, GA 50,34350.3k $4.0m $4.0m 0.01% Unchanged
19 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 49,28049.3k $3.9m $3.9m 0.01% Added +1.5k +1,532
20 Arkadios Wealth Advisors 0.23% of their portfolio ATLANTA, GA 42,03342.0k $3.3m $3.3m 0.23% Added +961 +961
21 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.48% of their portfolio Fort Collins, CO 39,11339.1k $3.1m $3.1m 0.48% Unchanged
22 Harvest Fund Management Co., Ltd 0.22% of their portfolio BEIJING, F4 38,62738.6k $3.1m $3.1m 0.22% Added +9.5k +9,485
23 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 36,02136.0k $2.9m $2.9m 0.00% New
24 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 33,15133.2k $2.6m $2.6m 0.01% Added +1.7k +1,665
25 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 31,72931.7k $2.5m $2.5m 0.01% Added +89 +89
26 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 30,97631.0k $2.5m $2.5m 0.00% Reduced -7.2k -7,198
27 WOLVERINE TRADING, LLC 0.04% of their portfolio CHICAGO, IL 30,07630.1k $2.4m $2.4m 0.04% Reduced -38.5k -38,487
28 HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 0.16% of their portfolio SINGAPORE, U0 28,54428.5k $2.3m $2.3m 0.16% New
29 Daiwa Securities Group Inc. 0.01% of their portfolio CHIYODA-KU,TOKYO, M0 28,50028.5k $2.3m $2.3m 0.01% Added +2.5k +2,500
30 Powell Investment Advisors, LLC 1.13% of their portfolio MIAMI, FL 27,46027.5k $2.2m $2.2m 1.13% Added +13.0k +13,000
31 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 27,15327.2k $2.2m $2.2m 0.00% Reduced -1.5k -1,505
32 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 25,24825.2k $2.0m $2.0m 0.00% Added +7.1k +7,099
33 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 24,64224.6k $2.0m $2.0m 0.00% Reduced -6.3k -6,349
34 Meridian Wealth Management, LLC 0.23% of their portfolio LEXINGTON, KY 23,78023.8k $1.9m $1.9m 0.23% New
35 GROUP ONE TRADING LLC 0.05% of their portfolio CHICAGO, IL 20,54020.5k $1.6m $1.6m 0.05% Reduced -23.3k -23,331
36 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 18,40118.4k $1.5m $1.5m 0.01% Reduced -241 -241
37 Prospera Financial Services Inc 0.04% of their portfolio Dallas, TX 17,99818.0k $1.4m $1.4m 0.04% Reduced -944 -944
38 Global Endowment Management, LP 0.13% of their portfolio CHARLOTTE, NC 16,00016.0k $1.3m $1.3m 0.13% Reduced -2.0k -2,000
39 Parkwood LLC 0.00% of their portfolio CLEVELAND, OH 15,70815.7k $18.0k $18.0k 0.00% Reduced -982.6k -982,578
40 MGO ONE SEVEN LLC 0.05% of their portfolio Beachwood, OH 14,02814.0k $1.1m $1.1m 0.05% Reduced -400 -400
41 Valeo Financial Advisors, LLC 0.00% of their portfolio CARMEL, IN 13,34713.3k $37.9k $37.9k 0.00% New
42 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 12,86712.9k $1.0m $1.0m 0.00% Reduced -10.8k -10,820
43 SVB WEALTH LLC 0.03% of their portfolio BOSTON, MA 12,78712.8k $1.0m $1.0m 0.03% Unchanged
44 SMART Wealth LLC 0.40% of their portfolio Omaha, NE 12,45512.5k $991.3k $991.3k 0.40% Added +2.2k +2,172
45 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 11,96912.0k $952.6k $952.6k 0.00% New
46 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 11,84011.8k $942.3k $942.3k 0.00% Added +849 +849
47 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 11,67211.7k $929.0k $929.0k 0.01% Reduced -3.2k -3,169
48 Cavalier Investments, LLC 0.29% of their portfolio ALPHARETTA, GA 11,66411.7k $928.3k $928.3k 0.29% Unchanged
49 National Wealth Management Group, LLC 0.71% of their portfolio CINCINNATI, OH 11,65911.7k $927.9k $927.9k 0.71% Reduced -3.9k -3,892
50 Clearstead Advisors, LLC 0.01% of their portfolio CLEVELAND, OH 10,88310.9k $866.2k $866.2k 0.01% Unchanged
51 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 9,9419.9k $791.0k $791.0k 0.00% New
52 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 9,6009.6k $767.2k $767.2k 0.00% Reduced -1.5k -1,500
53 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 8,6998.7k $692.4k $692.4k 0.00% Reduced -69.9k -69,921
54 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 8,5958.6k $684.1k $684.1k 0.00% Reduced -65 -65
55 Mariner, LLC 0.00% of their portfolio Overland Park, KS 8,4368.4k $671.5k $671.5k 0.00% Reduced -97 -97
56 WealthCare Investment Partners, LLC 0.30% of their portfolio PORTSMOUTH, RI 8,0798.1k $643.0k $643.0k 0.30% Unchanged
57 Ascentis Independent Advisors 0.13% of their portfolio DALLAS, TX 7,8477.8k $624.5k $624.5k 0.13% First filing
58 MIRABELLA FINANCIAL SERVICES LLP 0.04% of their portfolio London, X0 7,5007.5k $596.9k $596.9k 0.04% New
59 Keel Point, LLC 0.05% of their portfolio HUNTSVILLE, AL 7,2467.2k $562.6k $562.6k 0.05% Unchanged
60 NATIXIS 0.00% of their portfolio PARIS, I0 7,2007.2k $573.0k $573.0k 0.00% Added +3.5k +3,500
61 Marathon Trading Investment Management LLC 0.15% of their portfolio RADNOR, PA 7,0527.1k $561.3k $561.3k 0.15% Reduced -6.9k -6,948
62 Stratos Wealth Advisors, LLC 0.03% of their portfolio BEACHWOOD, OH 7,0297.0k $559.4k $559.4k 0.03% Reduced -2.5k -2,500
63 WEXFORD CAPITAL LP 0.14% of their portfolio WEST PALM BEACH, FL 7,0007.0k $557.1k $557.1k 0.14% New
64 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 6,9907.0k $556.3k $556.3k 0.00% Added +123 +123
65 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,9707.0k $554.7k $554.7k 0.00% Reduced -368.3k -368,258
66 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio ORLANDO, FL 6,9456.9k $552.8k $552.8k 0.05% Added +893 +893
67 Integrated Advisors Network LLC 0.03% of their portfolio DALLAS, TX 6,9436.9k $552.6k $552.6k 0.03% Unchanged
68 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 6,7746.8k $538.0k $538.0k 0.00% Reduced -9.6k -9,587
69 Solstein Capital, LLC 0.33% of their portfolio Menlo Park, CA 6,3826.4k $507.9k $507.9k 0.33% New
70 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 6,0336.0k $480.2k $480.2k 0.00% Reduced -3.8k -3,818
71 Investmark Advisory Group LLC 0.25% of their portfolio Shelton, CT 5,9275.9k $471.7k $471.7k 0.25% Unchanged
72 Ignite Planners, LLC 0.12% of their portfolio SAN CLEMENTE, CA 5,8445.8k $475.2k $475.2k 0.12% Unchanged
73 INSIGNEO ADVISORY SERVICES, LLC 0.05% of their portfolio MIAMI, FL 5,7985.8k $424.5k $424.5k 0.05% New
74 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 5,7185.7k $455.0k $455.0k 0.00% Reduced -575 -575
75 WR Wealth Planners, LLC 0.14% of their portfolio COLUMBIA, MO 5,6485.6k $449.5k $449.5k 0.14% Reduced -625 -625
76 Greenland Capital Management LP 0.10% of their portfolio NEW YORK, NY 5,5945.6k $445.2k $445.2k 0.10% New
77 Beacon Capital Management, LLC 0.08% of their portfolio FRANKLIN, TN 5,5205.5k $439.3k $439.3k 0.08% Unchanged
78 FOUNDERS FINANCIAL SECURITIES LLC 0.04% of their portfolio TOWSON, MD 5,1935.2k $413.3k $413.3k 0.04% Added +350 +350
79 One River Asset Management, LLC 0.21% of their portfolio STAMFORD, CT 4,8454.8k $385.6k $385.6k 0.21% New
80 Finer Wealth Management, Inc. 0.25% of their portfolio SALEM, MA 4,7924.8k $381.4k $381.4k 0.25% Reduced -132 -132
81 TWO SIGMA SECURITIES, LLC 0.02% of their portfolio NEW YORK, NY 4,5994.6k $366.0k $366.0k 0.02% New
82 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 4,3604.4k $347.0k $347.0k 0.01% Reduced -141 -141
83 Cutter & CO Brokerage, Inc. 0.08% of their portfolio Ballwin, MO 4,2754.3k $340.2k $340.2k 0.08% New
84 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 4,1674.2k $331.7k $331.7k 0.00% Reduced -30 -30
85 SMITH, MOORE & CO. 0.03% of their portfolio CLAYTON, MO 4,0064.0k $318.8k $318.8k 0.03% Unchanged
86 FLAGSHIP HARBOR ADVISORS, LLC 0.02% of their portfolio BOSTON, MA 3,9493.9k $314.3k $314.3k 0.02% Unchanged
87 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 3,7663.8k $302.7k $302.7k 0.00% First filing
88 Truepoint, Inc. 0.01% of their portfolio CINCINNATI, OH 3,7333.7k $297.1k $297.1k 0.01% Unchanged
89 MERITAGE PORTFOLIO MANAGEMENT 0.02% of their portfolio OVERLAND PARK, KS 3,5003.5k $279.0k $279.0k 0.02% Unchanged
90 JB Capital LLC 0.02% of their portfolio WETHERSFIELD, CT 3,3783.4k $268.9k $268.9k 0.02% Unchanged
91 Secure Asset Management, LLC 0.05% of their portfolio Troy, MI 3,3233.3k $264.5k $264.5k 0.05% Unchanged
92 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 3,3193.3k $264.2k $264.2k 0.01% Added +400 +400
93 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 3,2463.2k $306.1k $306.1k 0.00% Added +37 +37
94 Larson Financial Group LLC 0.02% of their portfolio ST LOUIS, MO 3,1483.1k $250.5k $250.5k 0.02% Reduced -291 -291
95 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 3,1323.1k $249.3k $249.3k 0.00% New
96 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 3,0013.0k $234.1k $234.1k 0.00% Unchanged
97 Summit Financial Strategies, Inc. 0.03% of their portfolio Columbus, OH 2,9282.9k $233.0k $233.0k 0.03% Unchanged
98 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 2,8082.8k $223.5k $223.5k 0.00% Reduced -3.4k -3,432
99 All Terrain Financial Advisors, LLC 0.09% of their portfolio COON RAPIDS, MN 2,6572.7k $211.5k $211.5k 0.09% New
100 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 2,6272.6k $209.1k $209.1k 0.01% Reduced -73 -73