United States Oil Fund LP
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Schedules of Investments at December 31, 2023 and 2022
Schedule of Investments
At December 31, 2022
| | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · · Fair · · | ||||||||||
| · · · · Value/ · | ||||||||||
| · · · · · · · Unrealized Gain · · | ||||||||||
| · · · · · · · (Loss) on Open · · | ||||||||||
| · · Notional · · Number of · · Commodity · · % of Partners’ | ||||||||||
| · · Amount · · Contracts · · Contracts · · Capital | ||||||||||
| Open Commodity Futures Contracts - Long · · | ||||||||||
| United States Contracts · · | ||||||||||
| NYMEX WTI Crude Oil Futures CL February 2023 contracts, expiring January 2023 | | $341,970,347 | 4,194 | | $(5,359,907) | (0.27) | ||||
| NYMEX WTI Crude Oil Futures CL March 2023 contracts, expiring February 2023 | | | 329,163,995 | | 4,184 | | | 7,438,805 | | 0.38 |
| NYMEX WTI Crude Oil Futures CL April 2023 contracts, expiring March 2023 | | | 251,701,260 | | 3,136 | | | 840,820 | | 0.04 |
| NYMEX WTI Crude Oil Futures CL May 2023 contracts, expiring April 2023 | | | 236,993,670 | | 3,138 | | | 15,458,430 | | 0.78 |
| NYMEX WTI Crude Oil Futures CL June 2023 contracts, expiring May 2023 | | | 256,607,266 | | 3,149 | | | (4,057,466) | | (0.21) |
| NYMEX WTI Crude Oil Futures CL July 2023 contracts, expiring June 2023 | | | 78,271,590 | | 1,055 | | | 5,949,060 | | 0.30 |
| NYMEX WTI Crude Oil Futures CL December 2023 contracts, expiring November 2023 | | | 166,464,986 | | 2,178 | | | 1,916,194 | | 0.10 |
| Total Open Futures Contracts* | | $1,661,173,114 | | 21,034 | | $22,185,936 | | 1.12 | ||
| · · · · · · · · | ||||||
|---|---|---|---|---|---|---|
| · Shares/Principal · · % of Partners’ | ||||||
| | | Amount | | Market Value | | Capital |
| Cash Equivalents · · | ||||||
| United States Money Market Funds · · | ||||||
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Shares, 4.12%# | | | 856,400,000 | | $856,400,000 | 43.32 |
| Total United States Money Market Funds | | | | | $856,400,000 | 43.32 |
Open OTC Commodity Swap Contracts
| · · · · · · · · · · · · · · · · · · · | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | | | | | | | | | | | | | | | | | Unrealized |
| · · · · · · · · · · · · · Fair · · · · Gain (Loss) | ||||||||||||||||||
| · · · · · · · · · · · · · Value/Open · · · · on | ||||||||||||||||||
| Fund Receives · · · · · · · · · · · · · Commodity · · Upfront · · Commodity | ||||||||||||||||||
| from · · Fund Pays · · · · Payment · · Expiration · · Notional · · Swap · · Payments/(Premiums · · Swap | ||||||||||||||||||
| Counterparty · Counterparty · Counterparty · Frequency · Date · Amount · Contracts · Received) · Contracts(a) | ||||||||||||||||||
| MQCP361E Index(b) | | 0.26% | Macquarie Bank Ltd. | | monthly | | 01/20/2023 | | $169,821,721 | | $169,819,302 | | — | | $(2,419) | |||
| SGIXCWTI Index(b) | | 0.25% | Societe Generale | | monthly | | 06/30/2023 | | | 124,272,076 | | | 124,270,350 | | — | | | (1,726) |
| Total Open OTC Commodity Swap Contracts˄ | | | | | | | | | | $294,093,797 | | $294,089,652 | | — | | $(4,145) | ||
| (a) | Reflects the value at reset date of December 31, 2022. |
|---|
| (b) | Custom index comprised of a basket of underlying instruments. |
|---|
#Reflects the 7-day yield at December 31, 2022.
ÙCollateral amounted to $24,260,000 on open OTC commodity swap contracts.
*Collateral amounted to $1,097,496,501 on open commodity futures contracts.
See accompanying notes to financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.