United States Brent Oil Fund
BNO
22 hedge funds and large institutions have $12.1M invested in United States Brent Oil Fund in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 6 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
5% more funds holding
Funds holding: 21 → 22 (+1)
1.03% more ownership
Funds ownership: 15.28% → 16.31% (+1%)
26% less capital invested
Capital invested by funds: $16.4M → $12.1M (-$4.27M)
64% less call options, than puts
Call options by funds: $1.89M | Put options by funds: $5.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLI
Guardian Life Insurance
New York
|
+$1.71M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.61M |
| 3 |
HFM
Harvest Fund Management
Beijing,
China
|
+$1.28M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$1M |
| 5 |
VF
Virtu Financial
New York
|
+$682K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.53M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$961K |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$714K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$667K |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$562K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Trading
New York
| – | -$222K | -9,539 | Closed |
|
|
SWP
27
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$16K | -665 | Closed |
|
BNO Hedge Fund Activity: Q4 2018 in Review
22 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q4 2018, worth a combined $12.1M — down 26% from $16.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BNO positions and 6 closed out — a net gain of 1 holder — while 8 added to existing stakes and 3 trimmed.
The largest buyer was Guardian Life Insurance, opening a new position worth an estimated $1.71M. The largest seller was Morgan Stanley, cutting an estimated $3.53M.
- 22 institutional investors held United States Brent Oil Fund (BNO) as of Q4 2018, up from 21 in Q3 2018.
- Funds reported $12.1M of United States Brent Oil Fund stock for Q4 2018, down 26% quarter-over-quarter.
- 7 funds opened new United States Brent Oil Fund positions in Q4 2018 and 6 closed out, a net change of +1 holder.
- The largest United States Brent Oil Fund buyer in Q4 2018 was Guardian Life Insurance, an estimated $1.71M added.
- The largest United States Brent Oil Fund seller in Q4 2018 was Morgan Stanley, an estimated $3.53M sold.
Based on aggregated 13F filings for Q4 2018.