United States Brent Oil Fund
BNO
22 hedge funds and large institutions have $12.2M invested in United States Brent Oil Fund in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 5 closing their positions.
148% more call options, than puts
Call options by funds: $2.81M | Put options by funds: $1.13M
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
23% more capital invested
Capital invested by funds: $9.96M → $12.2M (+$2.26M)
4.89% more ownership
Funds ownership: 10.93% → 15.83% (+4.9%)
4% less funds holding
Funds holding: 23 → 22 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$2.29M |
| 2 |
VF
Virtu Financial
New York
|
+$940K |
| 3 |
Jane Street
New York
|
+$414K |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
+$270K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFM
Harvest Fund Management
Beijing,
China
|
-$499K |
| 2 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$430K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$348K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$118K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$87.3K |
BNO Hedge Fund Activity: Q3 2019 in Review
22 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q3 2019, worth a combined $12.2M — up 23% from $9.96M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BNO and 4 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 8 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $2.29M. The largest seller was Harvest Fund Management, cutting an estimated $499K.
- 22 institutional investors held United States Brent Oil Fund (BNO) as of Q3 2019, down from 23 in Q2 2019.
- Funds reported $12.2M of United States Brent Oil Fund stock for Q3 2019, up 23% quarter-over-quarter.
- 4 funds opened new United States Brent Oil Fund positions in Q3 2019 and 5 closed out, a net change of -1 holder.
- The largest United States Brent Oil Fund buyer in Q3 2019 was IMC Chicago, an estimated $2.29M added.
- The largest United States Brent Oil Fund seller in Q3 2019 was Harvest Fund Management, an estimated $499K sold.
Based on aggregated 13F filings for Q3 2019.