Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

United Sts 12 Month Oil Fd L (USL)

21 + Investors. Track Smart Money conviction in USL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
2Q ▲
Buyers last Q
50%

Smart Money Signals — USL

Based on 22 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added USL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
22 hedge funds hold USL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +47% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+47% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 50% buying

12 buying12 selling
Last quarter: 12 funds bought or added vs 12 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 2 → 1 → 8 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 18% medium ■ 18% new
14 out of 22 hedge funds have held USL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~7 new funds/quarter

1 → 2 → 1 → 8 → 7 new funds/Q
New funds entering each quarter: 2 → 1 → 8 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 71% veterans vs 21% newcomers

■ 71% veterans ■ 8% 1-2yr ■ 21% new
Entry-cohort mix of 24 holders: 17 (71%) are 2+ year veterans, 2 entered 1–2 years ago, and 5 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
8 of 21 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in USL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — USL

In 2026 Q2, 12 hedge funds were net buyers of USL (7 opened a new position, 5 added to an existing one), while 12 reduced or exited (7 trimmed, 5 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 52% of total institutional value in USL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 22.

Hedge Fund Ownership: USL

How many hedge funds hold USL — quarterly history vs. share price
Quarterly hedge fund ownership of USL vs. share price

Market Analysis: USL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: USL

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: USL
2026 Q3 Stats Unlock in 39 days 21 + Investors

Track Smart Money conviction in USL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 21 20 5.0%
13F Shares 189K 317K -40.2%
Total Value $7M $12M -46.11%
New Positions 7 8 -1
Increased Positions 3 1 +2
Closed Positions 5 2 +3
Reduced Positions 8 6 +2
Total Calls 2 2 -
Total Puts 1 1 -
PUT/CALL Ratio 0.5 0.5 Bullish

Statistics: USL

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Financial Highlights

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Institutional Holders (2026 Q2)

21 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in USL. Verified SEC 13F-HR filings.

QUARTER:
Top 22 USL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Greenfield Seitz Capital Management, LLC 0.24% 17,550 $796K
2 Roxbury Financial LLC 0.08% 2,308 $105K
3 Downshift Financial, LLC 0.01% 400 $18K
4 Continuum Advisory, LLC 0.00% 944 $43K
5 Cetera Investment Advisers 0.00% 11,188 $508K
6 Integrated Wealth Concepts LLC 0.00% 2,030 $92K
7 Osaic Holdings, INC. 0.00% 4,287 $194K
8 Farther Finance Advisors, LLC 0.00% 625 $28K
9 Simplex Trading, LLC 0.00% 5,780 $262K
10 LPL Financial LLC 0.00% 11,272 $511K
11 AdvisorNet Financial, Inc 0.00% 50 $2K
12 IFP Advisors, Inc 0.00% 126 $6K
13 Jane Street Group, LLC 0.00% 25,931 $1.2M
14 Susquehanna International Group, LLP 0.00% 26,600 $1.2M
15 Bank of Montreal /Can/ 0.00% 5,458 $248K
16 Citadel Advisors LLC 0.00% 9,400 $426K
17 Susquehanna International Group, LLP 0.00% 10,311 $468K
18 Susquehanna International Group, LLP 0.00% 5,500 $250K
19 Morgan Stanley 0.00% 4,159 $189K
20 UBS Group AG 0.00% 1,406 $64K
21 Jpmorgan Chase & Co 0.00% 595 $27K
22 Mirae Asset Global Investments Co., Ltd. 0.00% 1 —
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — United Sts 12 Month Oil Fd L (USL)

What does the Smart Money Trend signal show for USL?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added USL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for USL?

Slight buying edge — 50% buying: Last quarter: 12 funds bought or added vs 12 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for USL holders?

Elite ownership — 52% AUM from top-100 funds: 8 of 21 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in USL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held USL?

64% of holders stayed for 2+ years: 14 out of 22 hedge funds have held USL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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