WisdomTree, Inc. (NYSE:WT) Q4 2022 Earnings Conference Call February 3, 2023 11:00 AM ET
Company Participants
Jessica Zaloom - Head of Corporate Communications and Public Relations
Bryan Edmiston - Chief Financial Officer
Jarrett Lilien - President and Chief Operating Officer
Jonathan Steinberg - Founder and Chief Executive Officer
Jeremy Schwartz - Chief Investment Officer
Jeremy Campbell - Director of Investor Relations
William Peck - Head of Digital Assets
Conference Call Participants
Daniel Fannon - Jefferies LLC
Michael Cyprys - Morgan Stanley
Brennan Hawken - UBS
Operator
Greetings. Welcome to WisdomTree's Fourth Quarter 2022 Earnings Call. At this time, all participants will be in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note this conference is being recorded.
At this time, I will turn the conference over to Jessica Zaloom, Head of Corporate Communications. Jessica, you may now begin.
Jessica Zaloom
Good morning. Before we begin, I would like to reference our legal disclaimer available in today's presentation. This presentation may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. A number of factors could cause actual results to differ materially from the results discussed in forward-looking statements, including, but not limited to, the risks set forth in this presentation and in the Risk Factors section of WisdomTree's annual report, on Form 10-K for the year ended December 31, 2021, as amended, and quarterly report on Form 10-Q for the quarter ended June 30, 2022. WisdomTree assumes no duty and does not undertake to update any forward-looking statements.
Now it is my pleasure to turn the call over to WisdomTree's CFO, Bryan Edmiston.
Bryan Edmiston
Thank you, Jessica, and welcome, everyone. I'll begin by reviewing the results of the fourth quarter, and we'll then turn the call over to Jarrett and Jono for additional updates on our business. Fourth quarter caps what's been a very successful year for WisdomTree. We generated net flows totaling $5.3 billion, with positive flows in both our U.S. listed and European-listed products. This was our strongest flowing quarter since 2015, and we closed out the year with $82 billion of AUM, our highest quarter end on record.
Flows of $3.4 billion into our Floating Rate Treasury product, USFR, was the primary contributor. That was followed by flows across most other product categories, including our U.S. equity products with about $1 billion of flows as well as our commodity suite having turned a corner with $800 million of flows mostly into oil.