United States Brent Oil Fund
BNO
28 hedge funds and large institutions have $19M invested in United States Brent Oil Fund in 2019 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 5 closing their positions.
991% more call options, than puts
Call options by funds: $2.33M | Put options by funds: $214K
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
56% more capital invested
Capital invested by funds: $12.2M → $19M (+$6.8M)
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
27% more funds holding
Funds holding: 22 → 28 (+6)
6.74% more ownership
Funds ownership: 15.83% → 22.57% (+6.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$4.09M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.02M |
| 3 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$932K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$826K |
| 5 |
Morgan Stanley
New York
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLI
Guardian Life Insurance
New York
|
-$2.88M |
| 2 |
VF
Virtu Financial
New York
|
-$924K |
| 3 |
HFM
Harvest Fund Management
Beijing,
China
|
-$884K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$202K |
| 5 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
-$80.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
26
Realta Investment Advisors
Wilmington,
Delaware
| $4K | -$80.3K | -4,177 | -95% |
|
|
LWA
27
Lenox Wealth Advisors
New York
| $1K | +$769 | +40 | New |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $1K | +$1.17K | +61 | New |
|
|
GLI
29
Guardian Life Insurance
New York
| – | -$2.88M | -158,386 | Closed |
|
|
VF
30
Virtu Financial
New York
| – | -$924K | -50,909 | Closed |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$54K | -3,000 | Closed |
|
|
PFO
32
Pathstone Family Office
Englewood,
New Jersey
| – | -$9K | -500 | Closed |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$5K | -250 | Closed |
|
BNO Hedge Fund Activity: Q4 2019 in Review
28 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q4 2019, worth a combined $19M — up 56% from $12.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BNO positions and 5 closed out — a net gain of 6 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Qube Research & Technologies (QRT), opening a new position worth an estimated $4.09M. The largest seller was Guardian Life Insurance, exiting entirely with an estimated $2.88M sold.
- 28 institutional investors held United States Brent Oil Fund (BNO) as of Q4 2019, up from 22 in Q3 2019.
- Funds reported $19M of United States Brent Oil Fund stock for Q4 2019, up 56% quarter-over-quarter.
- 11 funds opened new United States Brent Oil Fund positions in Q4 2019 and 5 closed out, a net change of +6 holders.
- The largest United States Brent Oil Fund buyer in Q4 2019 was Qube Research & Technologies (QRT), an estimated $4.09M added.
- The largest United States Brent Oil Fund seller in Q4 2019 was Guardian Life Insurance, an estimated $2.88M sold.
Based on aggregated 13F filings for Q4 2019.