Hamilton Wealth LLC Acquires New Position in United States Oil Fund LP $USO

Posted by Stanley Muller on Aug 3rd, 2026

Hamilton Wealth LLC acquired a new stake in United States Oil Fund LP (NYSEARCA:USO – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 144,076 shares of the company’s stock, valued at approximately $18,334,000. United States Oil Fund accounts for approximately 3.5% of Hamilton Wealth LLC’s holdings, making the stock its 11th largest position. Hamilton Wealth LLC owned about 1.07% of United States Oil Fund as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Militia Capital Management LLC purchased a new position in shares of United States Oil Fund during the first quarter worth approximately $290,000. DV Trading LLC boosted its holdings in shares of United States Oil Fund by 36.9% in the first quarter. DV Trading LLC now owns 8,975 shares of the company’s stock valued at $1,142,000 after purchasing an additional 2,421 shares during the period. Parallel Advisors LLC purchased a new stake in shares of United States Oil Fund in the first quarter valued at approximately $57,000. NewEdge Advisors LLC grew its stake in United States Oil Fund by 19.5% in the first quarter. NewEdge Advisors LLC now owns 12,275 shares of the company’s stock worth $1,562,000 after purchasing an additional 2,003 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in United States Oil Fund by 117.1% in the first quarter. Bank of America Corp DE now owns 143,881 shares of the company’s stock worth $18,309,000 after purchasing an additional 77,617 shares in the last quarter. 67.47% of the stock is currently owned by institutional investors.

United States Oil Fund Price Performance

USO opened at $129.17 on Monday. The stock’s fifty day moving average is $121.94 and its two-hundred day moving average is $112.99. The company has a market capitalization of $1.97 billion, a P/E ratio of 19.22 and a beta of -0.01. United States Oil Fund LP has a 52 week low of $65.99 and a 52 week high of $154.08.

Key Stories Impacting United States Oil Fund

Here are the key news stories impacting United States Oil Fund this week:

Positive Sentiment: Strait of Hormuz disruption raises supply concerns: Oil prices rose after Iran said it stopped two vessels attempting to leave the Strait of Hormuz. The incident, following a drone attack on ships at an Egyptian Mediterranean port, increased concerns about potential disruptions to global energy supplies. Oil price rises after Iran says it stops ships in Hormuz
Positive Sentiment: Oil rebounds from session lows: WTI and Brent moved higher from intraday lows as traders remained cautious ahead of the weekend and monitored escalating Middle East tensions. Oil rebounds from session lows as traders stay cautious ahead of the weekend
Positive Sentiment: Persistent Middle East supply risk supports crude: Analysts continue to cite constrained Gulf exports, maritime transit risks and broader regional conflict as potential catalysts for higher WTI and Brent prices, with Brent potentially testing $100. Oil Price Forecast: WTI Rebounds as Brent Eyes $100 Amid Supply Risks
Neutral Sentiment: Market remains technically uncertain: WTI has found support near $78.56 and bullish momentum is building, but a symmetrical triangle leaves the direction of the next breakout unclear. Crude Oil Price Forecast: Bullish Momentum Builds Inside Triangle
Negative Sentiment: Improving Hormuz traffic eases the supply premium: Reports that crude flows through the Strait recovered to roughly 30%–35% of pre-war levels pressured prices, as did continued tanker activity through conflict zones. Oil prices ease as recovering Hormuz Strait traffic tempers war premium
Negative Sentiment: U.S. production and demand declined in May: EIA data showed U.S. crude output fell about 2% from April’s record to approximately 13.71 million barrels per day, while demand also decreased. The weaker domestic activity is a mixed-to-negative signal for near-term oil consumption. US oil output and demand fell in May, EIA says
Negative Sentiment: Profit-taking is restraining prices: Traders have taken profits after the recent rally and are awaiting clearer developments in the Middle East, creating near-term downside pressure for oil-linked funds. Oil markets move lower amid profit-taking

United States Oil Fund Profile

(Free Report)

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.