United States Brent Oil Fund
BNO
28 hedge funds and large institutions have $27.2M invested in United States Brent Oil Fund in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 4 closing their positions.
179% more capital invested
Capital invested by funds: $9.75M → $27.2M (+$17.4M)
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
22% more funds holding
Funds holding: 23 → 28 (+5)
15.42% more ownership
Funds ownership: 10.4% → 25.83% (+15%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
92% less call options, than puts
Call options by funds: $313K | Put options by funds: $3.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.4M |
| 2 |
VF
Virtu Financial
New York
|
+$1.43M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.12M |
| 4 |
LPL Financial
San Diego,
California
|
+$686K |
| 5 |
Jane Street
New York
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Crabel Capital Management
Los Angeles,
California
|
-$695K |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$308K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$201K |
| 4 |
MLIC
Mandatum Life Insurance Company
Helsinki,
Finland
|
-$196K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$184K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NC
26
NewSquare Capital
Newtown Square,
Pennsylvania
| $3K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $1K | +$812 | +39 | New |
|
|
28
Citadel Advisors
Miami,
Florida
| – | -$201K | -10,508 | Closed |
|
|
MLIC
29
Mandatum Life Insurance Company
Helsinki,
Finland
| – | -$196K | -10,237 | Closed |
|
|
SWP
30
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$77K | -4,015 | Closed |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$54K | -2,830 | Closed |
|
BNO Hedge Fund Activity: Q2 2018 in Review
28 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q2 2018, worth a combined $27.2M — up 179% from $9.75M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BNO positions and 4 closed out — a net gain of 5 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.4M. The largest seller was Crabel Capital Management, cutting an estimated $695K.
- 28 institutional investors held United States Brent Oil Fund (BNO) as of Q2 2018, up from 23 in Q1 2018.
- Funds reported $27.2M of United States Brent Oil Fund stock for Q2 2018, up 179% quarter-over-quarter.
- 9 funds opened new United States Brent Oil Fund positions in Q2 2018 and 4 closed out, a net change of +5 holders.
- The largest United States Brent Oil Fund buyer in Q2 2018 was Morgan Stanley, an estimated $11.4M added.
- The largest United States Brent Oil Fund seller in Q2 2018 was Crabel Capital Management, an estimated $695K sold.
Based on aggregated 13F filings for Q2 2018.