Brevan Howard Capital Management LP
Position in USO — United States Oil Fund, LP
CIK 1512857
ST. HELIER, Y9
Position in USO
as of Mar 31, 2026
· filed May 15, 2026
Position Value
$178,150,000
+$178,150,000 QoQ
Shares Held
1,400,000
Ownership
11.5%
of shares outstanding
% of Portfolio
2.13%
of 13F equity value
Holder Rank
—
not a current holder
Holding Since
Sep 2021
8 quarters on record
Voting authority
Sole 100%
Shared 0%
None 0%
Common Shares in USO Over Time
Shares Held
Position Value (USD)
Derivatives in USO
reported options exposure · as of Sep 30, 2025CallValue
$22,125,000
CallShares
300,000
PutValue
$0
PutShares
0
Notional value of option positions as reported on Form 13F. Calls and puts are disclosed separately and do not net against the common-share stake above.
All Filings in USO
Export CSV
10 filing rows on record
| Report Date | Value (USD) | Shares | Type | Discretion | Filed | |
|---|---|---|---|---|---|---|
| 2026-03-31 | $178,150,000 | 1,400,000 | Shares | Defined | 2026-05-15 | |
| 2025-09-30 | $22,125,000 | 300,000 | Call | Defined | 2025-11-14 | |
| 2024-03-31 | $1,023,490 | 13,000 | Shares | Defined | 2024-05-15 | |
| 2023-12-31 | $866,450 | 13,000 | Shares | Defined | 2024-02-14 | |
| 2023-12-31 | $1,999,500 | 30,000 | Put | Defined | 2024-02-14 | |
| 2023-12-31 | $1,999,500 | 30,000 | Call | Defined | 2024-02-14 | |
| 2023-09-30 | $1,051,180 | 13,000 | Shares | Defined | 2023-11-14 | |
| 2022-12-31 | $10,516,500 | 150,000 | Call | Defined | 2023-02-14 | |
| 2022-09-30 | $9,792,000 | 150,000 | Call | Defined | 2022-11-14 | |
| 2021-09-30 | $15,768,000 | 300,000 | Call | Defined | 2021-11-12 | |
| No filing history on record for this holder in this stock. | ||||||