USO Institutional Ownership
Who owns United States Oil Fund, LP and what the big funds did with it last quarter, from every SEC 13F filing. 175 funds reported holding USO at Jun 30, 2026, together owning 114.8% of the company.
- ▼91 buying vs 114 selling
- ▲Held by funds +4.4 pts
- ▼Funds holding -18
- ●Superinvestors: 1 added, 1 cut
- ▲Put/call 1.90 to 1.24
What the filings show, not a forecast. Positions can be up to 45 days old and leave out short sales.
Funds holding and ownership
8 quartersQuarter over quarter
all 13F filers| Q2 2026 | This quarter | Q1 2026 | Change |
|---|---|---|---|
| Funds holding | 175 | 193 | −9.3% |
| In funds' top 10 | 1 | 2 | −50.0% |
| 13F shares | 17M | 16.4M | +4.0% |
| Held by funds | 114.8% | 110.4% | +4.4 pts |
| New positions | 44 | 78 | −43.6% |
| Increased | 47 | 45 | +4.4% |
| Reduced | 53 | 29 | +82.8% |
| Sold out | 61 | 28 | +117.9% |
| Calls (shares) | 2.2M | 1.9M | +14.0% |
| Puts (shares) | 3.9M | 5.4M | −28.0% |
| Put/call ratio | 1.24 | 1.90 | −34.8% |
Buyers vs sellers
adding or new vs cutting or sold outSuperinvestors in USO
All superinvestors →
Who owns USO
share of fund held shares- Index and passive funds0.1%
- Active managers and hedge funds19.0%
- Banks and brokers74.4%
- Pensions, insurers and other6.5%
The top 10 holders own 84.9% of all USO shares that funds reported. Groups are our own grouping of filers by name.
Put/call ratio
funds' options, market makers left outAbove 1 means funds hold more puts than calls, a sign of hedging or bets on a fall. Options are valued at the underlying shares.
Filed so far for Q3 2026
58 funds changed their position- Cambridge Investment Research Advisors, Inc.Trimmed−66K sh
- Verde Servicos Internacionais S.A.New+63K sh
- Mirae Asset Securities (usa) Inc.Trimmed−50K sh
- Franchise GP LtdNew+41K sh
- FNY Investment Advisers, LLCNew+16K sh
🔒 Free account: see all 20.
Top holders
Q2 2026| # | Fund | Of company | Shares | Value | Change |
|---|---|---|---|---|---|
| 1 | Goldman Sachs Group Inc | 45.00% | 6.7M | $710M | +267K |
| 2 | Morgan Stanley | 23.10% | 3.4M | $365M | +1.2M |
| 3 | Healthcare of Ontario Pension Plan Trust Fund | 7.42% | 1.1M | $117M | +1.1M |
| 4 | UBS Group AG | 3.84% | 570K | $60.7M | +379K |
| 5 | CIBC Bancorp USA Inc. | 3.71% | 550K | $58.6M | −219K |
| 6 | Hrt Financial LP | 3.45% | 511K | $54.4M | +485K |
| 7 | Simplex Trading, LLC | 3.31% | 491K | $52.2M | +161K |
| 8 | CIBC World Market Inc. | 2.70% | 401K | $42.7M | +401K |
| 9 | Bank of America Corp /de/ | 2.62% | 389K | $41.4M | +245K |
| 10 | Quadrature Capital Ltd | 2.22% | 330K | $35.1M | +91K |
- Morgan Stanley+1.2M sh+$130M
- Healthcare of Ontario Pension Plan Trust Fund+1.1M sh+$117M
- Hrt Financial LP+485K sh+$51.6M
- CIBC World Market Inc.+401K sh+$42.7M
- UBS Group AG+379K sh+$40.3M
- Citigroup Inc+303K sh+$32.2M
- Goldman Sachs Group Inc+267K sh+$28.4M
- Bank of America Corp /de/+245K sh+$26.1M
- Brevan Howard Capital Management LP−1.4M sh−$178M
- Jane Street Group, LLC−1.1M sh−$116M
- Citadel Advisors LLC−586K sh−$62.4M
- Barclays PLC−321K sh−$34.1M
- CIBC Bancorp USA Inc.−219K sh−$23.3M
- Newbrook Capital Advisors LP−174K sh−$22.1M
- Hamilton Wealth, LLC−144K sh−$18.3M
- Susquehanna International Group, LLP−159K sh−$16.9M
USO institutional ownership FAQ
Who owns the most USO stock?
In Q2 2026 13F filings the largest holder of USO was Goldman Sachs Group Inc, followed by Morgan Stanley and Healthcare of Ontario Pension Plan Trust Fund. Index fund managers are usually the biggest holders of large companies.
What percentage of USO is owned by institutions?
Funds that file 13F reports held 114.8% of USO's shares at Jun 30, 2026, compared with 110.4% a quarter earlier. That counts every manager with more than $100 million in US stocks.
Are hedge funds buying USO?
In Q2 2026, 91 funds bought USO (44 of them new positions) and 114 sold (61 sold out completely). Among well known investors, 1 added and 1 cut. Our fund sentiment for USO is neutral.
What is USO's institutional put/call ratio?
Funds reported $294M of USO puts against $237M of calls, a put/call ratio of 1.24 (1.90 the quarter before). Market makers and bank trading desks are left out, since their options are mostly hedges.
How current is this USO ownership data?
13F filings show holdings at the end of each quarter and are due within 45 days, so positions can be up to six weeks old when they appear. We add each new filing within minutes, and the "filed so far" list shows funds that have already reported the next quarter.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Fund sentiment summarises what 13F filings show and is not a forecast. Holdings come from SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.