The sheer size and concentration of HRT Financial's buying — especially the $17.9M single-day purchase — is a rare and powerful signal. Monitor crude oil futures and USO's premium/discount to NAV; this insider likely has a near-term bullish thesis on oil. The small sale on Sept 11 may have been to fund the larger buys or rebalance.
Price Chart
Executive Summary
HRT Financial LP, a 10% owner of USO, executed a massive open-market buying spree totaling ~$23.4M over a week, including a single-day purchase of ~$17.9M on Sept 14. This is a conviction buy of exceptional size for a commodity ETF, signaling strong bullish conviction on crude oil prices from a major insider.
Key Financial Metrics
Key Facts
- HRT Financial LP (10% owner) purchased ~$23.4M of USO shares across 11 open-market buys from Sept 11-16, 2026.
- The largest single-day purchase was ~$17.9M on Sept 14 across 6 trades at prices between $155.30 and $160.00.
- A small offsetting sale of ~$6.9M occurred on Sept 11, but net direction is overwhelmingly buying.
- No 10b5-1 plan indicated; these are discretionary open-market purchases.
- USO is a crude oil futures ETF — insider buying here is a direct bet on rising oil prices.
Financial Impact
~$23.4M in open-market purchases by a 10% owner over 6 days, representing a significant fraction of the insider's likely portfolio and a strong conviction signal.
Risk Factors
- Commodity ETFs can trade at premiums/discounts to NAV; insider buying may reflect a view on the futures curve, not spot oil.
- A single 10% owner's conviction may not be shared by other market participants.
- Crude oil is highly macro-sensitive (OPEC+, recession risk, geopolitics) — insider buying does not insulate from macro shocks.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001475597-26-000248 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 29, 2026 28d ago | 8-K | $143.35 $163.88 | ▲ +14.32% | ▲ +13.61% | $163.88 (+14.32%) |
Sep 25, 2026 4w ago | 8-K | $150.01 $166.23 | ▲ +10.81% | ▲ +10.84% | $163.88 (+9.25%) |
Sep 17, 2026 5w ago | Insider Buy | $155.31 $157.31 | ▲ +1.29% | ▲ +0.08% | $163.88 (+5.52%) |
Sep 16, 2026 5w ago | Insider Buy | $155.31 $157.31 | ▲ +1.29% | ▲ +0.08% | $163.88 (+5.52%) |
Aug 28, 2026 8w ago | 8-K | $129.70 $150.01 | ▲ +15.66% | ▲ +15.40% | $163.88 (+26.35%) |
Jul 29, 2026 12w ago | 8-K | $129.31 $127.35 | ▼ −1.52% | ▼ −6.54% | $163.88 (+26.73%) |
Jun 29, 2026 17w ago | 8-K | $107.08 $136.69 | ▲ +27.65% | ▲ +27.93% | $163.88 (+53.04%) |
May 28, 2026 21w ago | 8-K | $130.97 $109.31 | ▼ −16.54% | ▼ −13.85% | $163.88 (+25.13%) |
Apr 29, 2026 25w ago | 8-K | $150.58 $130.97 | ▼ −13.02% | ▼ −19.07% | $163.88 (+8.84%) |
Mar 20, 2026 31w ago | 8-K | $121.41 $121.33 | ▲ +0.07% | ▲ +9.39% | $163.88 (−34.98%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers