Global Endowment Management LP purchased a new stake in United States Oil Fund LP (NYSEARCA:USO – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 5,000 shares of the company’s stock, valued at approximately $346,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of USO. Harvest Fund Management Co. Ltd lifted its holdings in United States Oil Fund by 33.9% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 239,149 shares of the company’s stock valued at $17,030,000 after acquiring an additional 60,569 shares during the last quarter. Davidson Kempner Capital Management LP acquired a new stake in United States Oil Fund in the 3rd quarter valued at about $3,478,000. Flow Traders U.S. LLC acquired a new stake in United States Oil Fund in the 3rd quarter valued at about $3,062,000. Compass Wealth Management LLC acquired a new stake in United States Oil Fund in the 3rd quarter valued at about $2,709,000. Finally, Indie Asset Partners LLC acquired a new stake in United States Oil Fund in the 4th quarter valued at about $2,113,000. 67.47% of the stock is owned by institutional investors and hedge funds.
Key United States Oil Fund News
Here are the key news stories impacting United States Oil Fund this week:
- Positive Sentiment: Geopolitical risk remains elevated, and earlier headlines about Iran threatening the Strait of Hormuz and U.S. military assistance in moving oil out of the Persian Gulf could still support crude prices if tensions flare again.
- Positive Sentiment: Some reports suggest Gulf exports may be more resilient than feared, which could reduce the odds of a severe supply shock and help limit extreme volatility in oil markets. Article Title
- Neutral Sentiment: CME plans to offer 24/7 gold and oil trading, a market-structure change that could improve access and liquidity over time, but it is not an immediate driver of USO’s price. Article Title
- Neutral Sentiment: Goldman Sachs cut its 2027 Brent forecast on supply growth and demand concerns, reinforcing a softer longer-term oil backdrop even as near-term prices remain driven by headlines. Article Title
- Negative Sentiment: Multiple reports say crude prices are falling on hopes of a U.S.-Iran deal and a reduced chance of broader conflict, which is the main reason USO is under pressure today. Article Title
- Negative Sentiment: Broader energy-demand headlines are also bearish, including OPEC’s lowered demand-growth forecasts and reports that investors are pulling back from the oil market at a record pace. Article Title
United States Oil Fund Trading Down 2.6%
United States Oil Fund Profile
United States Oil Fund, LP (USO) is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of USO is for the daily changes in percentage terms of its shares’ per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange, that is the near month contract to expire, except when the near month contract is within over two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less USO’s expenses.
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