United States Oil Fund (USO)

Sector:
FINANCE
Industry:
GENERAL FINANCE
SIC:
COMMODITY CONTRACTS BROKERS & DEALERS
1850 MT. DIABLO BLVD. WALNUT CREEK, CA 94596

United States Oil Fund, LP (USOF), a Delaware limited partnership, is a commodity pool that will issue units that may be purchased and sold on the American Stock Exchange. The investment objective of USOF is for the units' net asset value to reflect the performance of the spot price of West Texas Intermediate light, sweet crude oil delivered to Cushing, Oklahoma, less USOF's expenses. USOF seeks to achieve its investment objective by investing in a mix of Oil Futures Contracts and Other Oil Interests such that USOF's NAV will closely track the price of a specified Oil Futures Contract. The General Partner believes the Benchmark Oil Futures Contract historically exhibited a close correlation with the spot price of WTI light, sweet crude oil. On any Valuation Day, the Benchmark Oil Futures Contract is the near month futures contract for WTI light, sweet crude oil traded on the New York Mercantile Exchange unless the near month futures contract will expire within two weeks of the Valuation Day, in which case the Benchmark Oil Futures Contract is the second to nearest out month futures contract for WTI light, sweet crude oil traded on the New York Mercantile Exchange. “Near Month Contract” means the next contract traded on the New York Mercantile Exchange due to expire; “Second to Nearest Out Month Contract” means the first contract traded on the New York Mercantile Exchange due to expire after the Near Month Contract. This convention is used to define the Benchmark Oil Futures Contract because the General Partner believes from its review of past market activity that most Oil Futures Contracts traded on the New York Mercantile Exchange are closed out or offset by the parties prior to the settlement date of the contract and there is lighter trading during the days immediately preceding settlement. Because there is lighter trading during the two-week period prior to settlement, the trading price of the Near Month Contract may not provide as accurate a reflection of the spot price of oil. The General Partner generally intends to invest in the Second to Nearest Out Month Contract during this period. USOF is not a mutual fund registered under the Investment Company Act of 1940 and is not subject to regulation under such Act. USOF is operated pursuant to the LP Agreement. It is managed and controlled by the General Partner, Victoria Bay Asset Management, LLC. The General Partner is registered as a commodities pool operator with the National Futures Association.

View SEC Filings from USO instead.

View recent insider trading info

Funds Holding USO (via 13F filings)

Refresh Download CSV Download Excel (.xlsx) Download TSV
Filter by:
to
to
to
Refresh
*Shares are split adjusted
*Please note that if a filer hasn't submitted a 13F filing for a quarter then the filer's shares will be listed as "Sold All"

Mutual Funds Holding USO

Download CSV

Active Schedule 13D and 13G filings

Please sign in first

Recent Filings

Events (8k)

  • 8-K: filed on 2022-07-29:
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-06-28:
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-06-15:
    Item 1.01: Entry into a Material Definitive Agreement
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-05-27:
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-04-28:
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-03-28:
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-03-25:
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-03-24:
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-02-28:
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-01-28:
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • Proxy

    Open Market Buys/Sells Last 60 Days

    Open Market Buys (P)

    none

    Open Market Sells (S)

    none

    Exercise Derivative Conversion (M)

    none

    Current/Former Insiders

    Insider Name Type Last Reported Shares Held Last Reported Date Filings in past year

    CRUMBAUGH STUART P. CHIEF FINANCIAL OFFICER

    • Officer
    0 2015-06-19 0

    GERBER MELINDA

    • Director
    0 2015-06-19 0

    LOVE JOHN P PRESIDENT AND CEO

    • Officer
    0 2015-06-19 0

    HYLAND JOHN T. CHIEF INVESTMENT OFFICER

    • Officer
    0 2009-03-03 0

    SAC CAPITAL ADVISORS LLC

    S A C CAPITAL MANAGEMENT L L C

    COHEN STEVEN A/SAC CAPITAL MGMT LP

    • 10% Owner
    100,000 2006-04-25 0

    SAC CAPITAL ASSOCIATES LLC

    • 10% Owner
    100,000 2006-04-25 0

    ELLIS GORDON LLOYD

    • Director
    0 2006-04-10 0

    Insider Transactions Last 60 Days

    Reporting Owners Filing Date Trans Date Trans Code Shares Share Price Acquired
    Disposed
    Shares Owned after D/I 10b5 Perf 1d* Perf 5d* Perf 1m* Max Gain Max Gain Days Max Loss Max Loss Days
    No current insider transactions

    * -

    Transaction Code Definitions
    Code Definition
    A Grant, award or other acquisition pursuant to Rule 16b-3(d)
    C Conversion of derivative security
    D Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
    E Expiration of short derivative position
    F Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3
    G Bona fide gift
    H Expiration (or cancellation) of long derivative position with value received
    I Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities
    J Other acquisition or disposition
    L Small acquisition under Rule 16a-6
    M Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
    O Exercise of out-of-the-money derivative security
    P Open market or private purchase of non-derivative or derivative security
    S Open market or private sale of non-derivative or derivative security
    U Disposition pursuant to a tender of shares in a change of control transaction
    W Acquisition or disposition by will or the laws of descent and distribution
    X Exercise of in-the-money or at-the-money derivative security
    Z Deposit into or withdrawal from voting trust

    IBR Securities Loan Availability

    Updated throughout the day, this shows the number of shares available to borrow. Data provided by Interactive Brokers

    Security Date/Time Rebate Rate Fee Rate Shares Available
    UNITED STATES OIL FUND LP USO 2022-08-12 22:15:03 UTC 1.0173 1.3027 400000
    UNITED STATES OIL FUND LP USO 2022-08-12 21:45:04 UTC 1.0173 1.3027 450000
    UNITED STATES OIL FUND LP USO 2022-08-12 21:15:04 UTC 1.0173 1.3027 450000
    UNITED STATES OIL FUND LP USO 2022-08-12 20:45:04 UTC 1.0149 1.3051 450000
    UNITED STATES OIL FUND LP USO 2022-08-12 20:15:05 UTC 1.0149 1.3051 450000
    UNITED STATES OIL FUND LP USO 2022-08-12 19:45:03 UTC 1.0149 1.3051 450000
    UNITED STATES OIL FUND LP USO 2022-08-12 19:15:05 UTC 1.0149 1.3051 450000
    UNITED STATES OIL FUND LP USO 2022-08-12 18:45:03 UTC 1.0222 1.2978 450000
    UNITED STATES OIL FUND LP USO 2022-08-12 18:15:04 UTC 1.0222 1.2978 450000
    UNITED STATES OIL FUND LP USO 2022-08-12 17:45:04 UTC 1.0222 1.2978 450000
    UNITED STATES OIL FUND LP USO 2022-08-12 17:15:05 UTC 1.0222 1.2978 450000
    UNITED STATES OIL FUND LP USO 2022-08-12 16:45:04 UTC 1.0097 1.3103 450000
    UNITED STATES OIL FUND LP USO 2022-08-12 16:15:04 UTC 1.0097 1.3103 450000
    UNITED STATES OIL FUND LP USO 2022-08-12 15:45:04 UTC 1.0097 1.3103 400000
    UNITED STATES OIL FUND LP USO 2022-08-12 15:15:05 UTC 1.0097 1.3103 400000
    UNITED STATES OIL FUND LP USO 2022-08-12 14:45:04 UTC 1.0097 1.3103 400000
    UNITED STATES OIL FUND LP USO 2022-08-12 14:15:05 UTC 1.0097 1.3103 400000
    UNITED STATES OIL FUND LP USO 2022-08-12 13:45:04 UTC 0.8885 1.4315 400000
    UNITED STATES OIL FUND LP USO 2022-08-12 13:15:04 UTC 0.8885 1.4315 85000
    UNITED STATES OIL FUND LP USO 2022-08-12 12:45:04 UTC 0.8885 1.4315 85000

    Current Active Short Positions

    Get more info on our International short position coverage here

    Holder Issuer Net Short Position Position Date Origin

    Short Position History (International Only)

    Holder Net Short Position Position Date Origin
    Squarepoint Ops LLC United States 2.02% 2020-02-19 GERMANY

    Elevate your investments