United States Brent Oil Fund
BNO
21 hedge funds and large institutions have $16.4M invested in United States Brent Oil Fund in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 12 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
10.54% less ownership
Funds ownership: 25.83% → 15.28% (-11%)
25% less funds holding
Funds holding: 28 → 21 (-7)
40% less capital invested
Capital invested by funds: $27.2M → $16.4M (-$10.8M)
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
65% less call options, than puts
Call options by funds: $1.17M | Put options by funds: $3.31M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFM
Harvest Fund Management
Beijing,
China
|
+$1.91M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$1.06M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$340K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$295K |
| 5 |
Walleye Trading
New York
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.02M |
| 2 |
VF
Virtu Financial
New York
|
-$2.07M |
| 3 |
Jane Street
New York
|
-$1.66M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$1.19M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$606K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
26
Crabel Capital Management
Los Angeles,
California
| – | -$275K | -12,420 | Closed |
|
27
Group One Trading
Chicago,
Illinois
| – | -$69.8K | -3,285 | Closed |
|
|
CF
28
Centaurus Financial
Anaheim,
California
| – | -$19K | -851 | Closed |
|
|
APA
29
American Portfolios Advisors
Holbrook,
New York
| – | -$17.3K | -780 | Closed |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$10K | -439 | Closed |
|
|
NC
31
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$3K | -165 | Closed |
|
|
AG
32
Advisor Group
Phoenix,
Arizona
| – | -$1K | -39 | Closed |
|
BNO Hedge Fund Activity: Q3 2018 in Review
21 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q3 2018, worth a combined $16.4M — down 40% from $27.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BNO and 5 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Harvest Fund Management, adding an estimated $1.91M. The largest seller was Morgan Stanley, cutting an estimated $8.02M.
- 21 institutional investors held United States Brent Oil Fund (BNO) as of Q3 2018, down from 28 in Q2 2018.
- Funds reported $16.4M of United States Brent Oil Fund stock for Q3 2018, down 40% quarter-over-quarter.
- 5 funds opened new United States Brent Oil Fund positions in Q3 2018 and 12 closed out, a net change of -7 holders.
- The largest United States Brent Oil Fund buyer in Q3 2018 was Harvest Fund Management, an estimated $1.91M added.
- The largest United States Brent Oil Fund seller in Q3 2018 was Morgan Stanley, an estimated $8.02M sold.
Based on aggregated 13F filings for Q3 2018.