USO is far from Point72’s only ETF positions. According to Whale Wisdom, the firm owned put and call options on SPY at the end of the first quarter as well as puts on the CurrencyShares Euro Currency Trust (NYSEArca: FXE) and the iShares Russell 2000 ETF (NYSEArca: IWM).
Cohen’s firm also held calls on the Market Vectors Gold Miners ETF (NYSEArca: GDX), the largest and most heavily traded gold miners ETF, EEM and the iShares China Large-Cap ETF (NYSEArca: FXI) at the end of the first quarter. The SPDR S&P Homebuilders ETF (NYSEArca: XHB) represented 0.2% of Point72’s equity portfolio at the end of March.
Over 130 13F filers, including nearly 60 that had created new positons, showed stakes in USO at the end of the first quarter, according to Whale Wisdom.
United States Oil Fund
Tom Lydon’s clients own shares of EEM, LQD, IWM, QQQ and SPY.