United States Brent Oil Fund
BNO
19 hedge funds and large institutions have $16.7M invested in United States Brent Oil Fund in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 12 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
5.43% less ownership
Funds ownership: 22.57% → 17.15% (-5.4%)
12% less capital invested
Capital invested by funds: $19M → $16.7M (-$2.32M)
13% less call options, than puts
Call options by funds: $1.76M | Put options by funds: $2.02M
32% less funds holding
Funds holding: 28 → 19 (-9)
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFM
Harvest Fund Management
Beijing,
China
|
+$21.8M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.28M |
| 3 |
ED
Exane Derivatives
Paris,
France
|
+$1.12M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$981K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$495K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$2.99M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.19M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$1.81M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$1.01M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$895K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$228K | -10,936 | Closed |
|
27
Group One Trading
Chicago,
Illinois
| – | -$135K | -8,342 | Closed |
|
|
FDCDDQ
28
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$92.8K | -4,450 | Closed |
|
|
RIA
29
Realta Investment Advisors
Wilmington,
Delaware
| – | -$4K | -225 | Closed |
|
|
LWA
30
Lenox Wealth Advisors
New York
| – | -$1K | -40 | Closed |
|
31
Rockefeller Capital Management
New York
| – | +$811 | +50 | New |
|
BNO Hedge Fund Activity: Q1 2020 in Review
19 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q1 2020, worth a combined $16.7M — down 12% from $19M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BNO and 3 opened new positions — a net loss of 9 holders — while 3 trimmed existing stakes and 12 added.
The largest buyer was Harvest Fund Management, adding an estimated $21.8M. The largest seller was IMC Chicago, exiting entirely with an estimated $2.99M sold.
- 19 institutional investors held United States Brent Oil Fund (BNO) as of Q1 2020, down from 28 in Q4 2019.
- Funds reported $16.7M of United States Brent Oil Fund stock for Q1 2020, down 12% quarter-over-quarter.
- 3 funds opened new United States Brent Oil Fund positions in Q1 2020 and 12 closed out, a net change of -9 holders.
- The largest United States Brent Oil Fund buyer in Q1 2020 was Harvest Fund Management, an estimated $21.8M added.
- The largest United States Brent Oil Fund seller in Q1 2020 was IMC Chicago, an estimated $2.99M sold.
Based on aggregated 13F filings for Q1 2020.