Natixis lessened its stake in United States Oil Fund LP (NYSEARCA:USO) by 95.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 160,775 shares of the company’s stock after selling 3,750,000 shares during the period. Natixis’ holdings in United States Oil Fund were worth $2,421,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. BTG Pactual Global Asset Management Ltd acquired a new position in United States Oil Fund during the 2nd quarter worth approximately $210,000. Raymond James & Associates increased its position in United States Oil Fund by 51.7% during the 2nd quarter. Raymond James & Associates now owns 35,320 shares of the company’s stock worth $532,000 after purchasing an additional 12,043 shares during the period. Commerzbank Aktiengesellschaft FI increased its position in United States Oil Fund by 10.3% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 1,856,988 shares of the company’s stock worth $27,966,000 after purchasing an additional 172,935 shares during the period. Regal Investment Advisors LLC increased its position in United States Oil Fund by 12.8% during the 2nd quarter. Regal Investment Advisors LLC now owns 34,983 shares of the company’s stock worth $527,000 after purchasing an additional 3,972 shares during the period. Finally, SG Americas Securities LLC increased its position in United States Oil Fund by 670.6% during the 2nd quarter. SG Americas Securities LLC now owns 668,432 shares of the company’s stock worth $10,067,000 after purchasing an additional 785,570 shares during the period.

NYSEARCA USO opened at $14.69 on Wednesday. United States Oil Fund LP has a 12-month low of $9.92 and a 12-month high of $15.25.

United States Oil Fund Company 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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Institutional Ownership by Quarter for United States Oil Fund (NYSEARCA:USO)

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