Vault-13

UNITED STS 12 MONTH OIL FD L USL

UNIT BEN INT · ETP · CUSIP 91288V103

21 institutional holders +0 vs Q1 2026
147,987148.0k shares reported held*
$6.7mreported value*
6 new 3 added 7 reduced 5 sold out net sold ≈ $5.8m (-128.0k 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 ≈ $45.37. Options: 3 managers hold calls ($1.8m notional), 1 hold puts ($249.5k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 26Q4 22: 27Q1 23: 29Q2 23: 24Q3 23: 25Q4 23: 27Q1 24: 25Q2 24: 25Q3 24: 22Q4 24: 22Q1 25: 23Q2 25: 18Q3 25: 16Q4 25: 14Q1 26: 21Q2 26: 2121Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202226
Q4 202227
Q1 202329
Q2 202324
Q3 202325
Q4 202327
Q1 202425
Q2 202425
Q3 202422
Q4 202422
Q1 202523
Q2 202518
Q3 202516
Q4 202514
Q1 202621
Q2 202621

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 24: 8 bought or addedQ3 24: 10 cut or sold outQ4 24: 9 bought or addedQ4 24: 10 cut or sold outQ4 24Q1 25: 5 bought or addedQ1 25: 11 cut or sold outQ2 25: 8 bought or addedQ2 25: 10 cut or sold outQ2 25Q3 25: 6 bought or addedQ3 25: 7 cut or sold outQ4 25: 3 bought or addedQ4 25: 9 cut or sold outQ4 25Q1 26: 10 bought or addedQ1 26: 7 cut or sold outQ2 26: 9 bought or addedQ2 26: 12 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024810
Q4 2024910
Q1 2025511
Q2 2025810
Q3 202567
Q4 202539
Q1 2026107
Q2 2026912

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 25 calls: $334.5kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $223.2kQ4 25 puts: $346.5kQ4 25P/C 1.55Q1 26 calls: $1.2mQ1 26 puts: $766.4kQ1 26P/C 0.62Q2 26 calls: $1.8mQ2 26 puts: $249.5kQ2 26P/C 0.14
Numbers
QuarterCallsPutsP/C
Q3 2025$334.5k$00.00
Q4 2025$223.2k$346.5k1.55
Q1 2026$1.2m$766.4k0.62
Q2 2026$1.8m$249.5k0.14

Biggest buyers

Greenfield Seitz Capital Management, LLC New +17,550+17.6k
FLOW TRADERS U.S. LLC Added +13,088+13.1k
Cetera Investment Advisers Added +2,854+2.9k
Integrated Wealth Concepts LLC New +2,030+2.0k
UBS Group AG New +1,406+1.4k
Continuum Advisory, LLC New +944+944
SIMPLEX TRADING, LLC Added +819+819
Farther Finance Advisors, LLC New +625+625
Downshift Financial, LLC New +400+400

Biggest sellers

LPL Financial LLC Reduced -45,248-45.2k
Virtu Financial LLC Reduced -31,502-31.5k
Mirae Asset Global Investments Co., Ltd. Reduced -30,699-30.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -17,616-17.6k
Balentine LLC Sold out -13,265-13.3k
Clarkston Capital Partners, LLC Sold out -12,500-12.5k
CITADEL ADVISORS LLC Sold out -8,805-8.8k
Creative Planning Sold out -4,350-4.3k
JANE STREET GROUP, LLC Reduced -1,803-1.8k
Roxbury Financial LLC Reduced -1,517-1.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.2m26.6k shares
CITADEL ADVISORS LLC Added $426.5k9.4k shares
SIMPLEX TRADING, LLC New $122.5k2.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $249.5k5.5k 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 since 1 Apr 2026

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 since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 25,93125.9k $1.2m $1.2m 0.00% Reduced -1.8k -1,803
2 FLOW TRADERS U.S. LLC 0.04% of their portfolio NEW YORK, NY 21,89921.9k $994.0k $994.0k 0.04% Added +13.1k +13,088
3 Virtu Financial LLC 0.03% of their portfolio New York, NY 21,66721.7k $983.0k $983.0k 0.03% Reduced -31.5k -31,502
4 Greenfield Seitz Capital Management, LLC 0.24% of their portfolio DALLAS, TX 17,55017.6k $796.2k $796.2k 0.24% New
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 11,27211.3k $511.4k $511.4k 0.00% Reduced -45.2k -45,248
6 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 11,18811.2k $507.6k $507.6k 0.00% Added +2.9k +2,854
7 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 10,31110.3k $467.8k $467.8k 0.00% Reduced -17.6k -17,616
8 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 5,7805.8k $262.2k $262.2k 0.01% Added +819 +819
9 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 5,4585.5k $247.6k $247.6k 0.00% Unchanged
10 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,2874.3k $194.5k $194.5k 0.00% Reduced -365 -365
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,1594.2k $188.7k $188.7k 0.00% Unchanged
12 Roxbury Financial LLC 0.08% of their portfolio MOUNT ARLINGTON, NJ 2,3082.3k $104.7k $104.7k 0.08% Reduced -1.5k -1,517
13 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 2,0302.0k $92.1k $92.1k 0.00% New
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,4061.4k $63.8k $63.8k 0.00% New
15 Continuum Advisory, LLC 0.00% of their portfolio EAGLE, ID 944944 $42.8k $42.8k 0.00% New
16 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 625625 $28.4k $28.4k 0.00% New
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 595595 $27.0k $27.0k 0.00% Unchanged
18 Downshift Financial, LLC 0.01% of their portfolio BOULDER, CO 400400 $18.1k $18.1k 0.01% New
19 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 126126 $5.7k $5.7k 0.00% Unchanged
20 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 5050 $2.3k $2.3k 0.00% Unchanged
21 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 11 $45 $45 0.00% Reduced -30.7k -30,699