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United States 12 Month Oil Fund, LP

USL
Exchange
NYSE
Industry
Commodity Contracts Brokers & Dealers
SEC CIK
0001405528

No open-market purchases or sales by United States 12 Month Oil Fund, LP insiders were filed in the last 90 days; 20 institutions reported holding it in 13F filings for Q2 2026, worth $6.62M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in United States 12 Month Oil Fund, LP as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
16
0 vs. Q2 2025
Shares held
214.1K
+4.76K (+2.3%) vs. Q2 2025
Total value
$7.62M
+$273.3K (+3.7%) vs. Q2 2025
New holders
2
4 more added
Sold out
2
4 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting USL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 16 institutions
Q1 2021: 33 institutionsQ2 2021: 34 institutionsQ3 2021: 29 institutionsQ4 2021: 27 institutionsQ1 2022: 29 institutionsQ2 2022: 33 institutionsQ3 2022: 26 institutionsQ4 2022: 27 institutionsQ1 2023: 28 institutionsQ2 2023: 23 institutionsQ3 2023: 24 institutionsQ4 2023: 26 institutionsQ1 2024: 24 institutionsQ2 2024: 24 institutionsQ3 2024: 21 institutionsQ4 2024: 21 institutionsQ1 2025: 22 institutionsQ2 2025: 17 institutionsQ3 2025: 16 institutionsQ4 2025: 14 institutionsQ1 2026: 21 institutionsQ2 2026: 20 institutions
Value heldQ3 2025: $7.62M
Q1 2021: $35.9MQ2 2021: $28.7MQ3 2021: $23.5MQ4 2021: $23.2MQ1 2022: $28.4MQ2 2022: $30.2MQ3 2022: $17.4MQ4 2022: $18.9MQ1 2023: $21.0MQ2 2023: $22.9MQ3 2023: $22.0MQ4 2023: $18.3MQ1 2024: $12.8MQ2 2024: $16.5MQ3 2024: $11.3MQ4 2024: $7.85MQ1 2025: $9.86MQ2 2025: $7.72MQ3 2025: $7.62MQ4 2025: $7.06MQ1 2026: $13.3MQ2 2026: $6.62M
Institutions holding USL and their total value by quarter
QuarterHoldersValue
Q2 202620$6.62M
Q1 202621$13.3M
Q4 202514$7.06M
Q3 202516$7.62M
Q2 202517$7.72M
Q1 202522$9.86M
Q4 202421$7.85M
Q3 202421$11.3M
Q2 202424$16.5M
Q1 202424$12.8M
Q4 202326$18.3M
Q3 202324$22.0M
Q2 202323$22.9M
Q1 202328$21.0M
Q4 202227$18.9M
Q3 202226$17.4M
Q2 202233$30.2M
Q1 202229$28.4M
Q4 202127$23.2M
Q3 202129$23.5M
Q2 202134$28.7M
Q1 202133$35.9M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding United States 12 Month Oil Fund, LP; share changes are against Q2 2025.

Institutions holding USL in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Susquehanna International Group, LLP64,745$2.30M0.00%−6,579−9.2%Reduced
Mirae Asset Global Investments Co., Ltd.33,000$1.17M0.00%00.0%Unchanged
Jane Street Group, LLC32,297$1.15M0.00%+15,682+94.4%Added
Flow Traders U.S. LLC32,095$1.14M0.05%+9,373+41.3%Added
Balentine LLC13,265$472.2K0.02%00.0%Unchanged
Clarkston Capital Partners, LLC12,500$445.0K0.01%00.0%Unchanged
Cetera Investment Advisers10,866$386.8K0.00%+10,866New
Advisor Group Holdings, Inc.6,105$219.8K0.00%−595−8.9%Reduced
Morgan Stanley4,159$148.1K0.00%−565−12.0%Reduced
UBS Group AG2,801$99.7K0.00%−833−22.9%Reduced
Roxbury Financial LLC1,667$59.3K0.05%00.0%Unchanged
JPMorgan Chase & Co445$15.8K0.00%+24+5.7%Added
CWM, LLC43$2.00K0.00%+43New
AdvisorNet Financial, Inc50$1.78K0.00%00.0%Unchanged
Simplex Trading, LLC56$1.00K0.00%+21+60.0%Added
Royal Bank of Canada11$00.00%00.0%Unchanged
Virtu Financial LLC0$00.00%−22,670−100.0%Sold out
Barclays PLC0$00.00%−11−100.0%Sold out
Avantax Advisory Services, Inc.––––Not filed