Who Owns United States 12 Month Oil Fund, LP (USL)?Hedge Fund & Institutional Holders
Institutional Holders
21
as of Q4 2025
Total Institutional Value
$1.523109910004414e+27T
% of Float Held
—
QoQ Change in Holders
+3 / -3
Price History
USL — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| Virtu Financial LLC | New Position | +46K | +$1.5M |
| Mirae Asset Global Investments Co., Ltd. | New Position | +33K | +$1.1M |
| CWM, LLC | New Position | +43 | +$1K |
| AdvisorNet Financial, Inc | Increased | +11 | +$-1.8M |
| Roxbury Financial LLC | Increased | +2K | +$-59.2M |
USL — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Decreased | -13K | -$2.3B |
| JANE STREET GROUP, LLC | Closed Position | -32K | -$1.1B |
| Cetera Investment Advisers | Decreased | -1K | -$386.8M |
| OSAIC HOLDINGS, INC. | Decreased | -1K | -$219.8M |
| UBS Group AG | Decreased | -2K | -$99.7M |
| FLOW TRADERS U.S. LLC | Decreased | -6 | -$1.1M |
| SIMPLEX TRADING, LLC | Closed Position | -56 | -$1K |
| ROYAL BANK OF CANADA | Closed Position | -11 | -$0 |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | Virtu Financial LLC | 45,699 | $1.5M | 0.06% | Share |
| 2 | Mirae Asset Global Investments Co., Ltd. | 33,000 | $1.1M | 0.00% | Share |
| 3 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 30,138 | $1.0M | 0.00% | Share |
| 4 | Balentine LLC | 13,265 | $441K | 0.02% | Share |
| 5 | Clarkston Capital Partners, LLC | 12,500 | $416K | 0.01% | Share |
| 6 | Roxbury Financial LLC | 3,825 | $127K | 0.11% | Share |
| 7 | UBS Group AG | 786 | $26K | 0.00% | Share |
| 8 | AdvisorNet Financial, Inc | 61 | $2K | 0.00% | Share |
| 9 | FLOW TRADERS U.S. LLC | 32,089 | $1K | 0.03% | Share |
| 10 | CWM, LLC | 43 | $1K | 0.00% | Share |
| 11 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 21,344 | $0 | 0.00% | Share |
| 12 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 10,400 | $0 | 0.00% | Put |
| 13 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 6,700 | $0 | 0.00% | Call |
| 14 | OSAIC HOLDINGS, INC. | 4,735 | $0 | 0.00% | Share |
| 15 | MORGAN STANLEY | 115 | $0 | 0.00% | Share |
| 16 | MORGAN STANLEY | 3,944 | $0 | 0.00% | Share |
| 17 | MORGAN STANLEY | 100 | $0 | 0.00% | Share |
| 18 | JPMORGAN CHASE & CO | 210 | $0 | 0.00% | Share |
| 19 | JPMORGAN CHASE & CO | 235 | $0 | 0.00% | Share |
| 20 | OSAIC HOLDINGS, INC. | 240 | $0 | 0.00% | Share |
| 21 | Cetera Investment Advisers | 9,616 | $0 | 0.00% | Share |
USL Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 14 | $4.6M | +0 |
| Q3 2025 | 14 | $5.3B | +1 |
| Q2 2025 | 13 | $5.3B | -9 |
| Q1 2025 | 22 | $6.8B | +2 |
| Q4 2024 | 20 | $509.5B | +2 |
| Q3 2024 | 18 | $7.2T | -2 |
| Q2 2024 | 20 | $13.0T | +0 |
| Q1 2024 | 20 | $9.5T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 21 institutional investors hold USL (United States 12 Month Oil Fund, LP). The largest holder is Virtu Financial LLC with $1.5M in shares. This quarter, 3 institutions opened new positions and 3 closed their positions.
Frequently Asked Questions
How many hedge funds own USL?
As of Q4 2025, 21 institutional investors report holding USL (United States 12 Month Oil Fund, LP) in their 13F filings.
Who is the largest institutional holder of USL?
The largest institutional holder of USL is Virtu Financial LLC with $1.5M in shares.
Is institutional ownership of USL increasing or decreasing?
This quarter, 3 institutions opened new positions in USL and 3 closed their positions.