United States Brent Oil Fund
BNO
46 hedge funds and large institutions have $76.5M invested in United States Brent Oil Fund in 2021 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
18% more capital invested
Capital invested by funds: $64.6M → $76.5M (+$11.9M)
18% more funds holding
Funds holding: 39 → 46 (+7)
4.03% more ownership
Funds ownership: 18.46% → 22.49% (+4%)
10% more call options, than puts
Call options by funds: $2.97M | Put options by funds: $2.71M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFM
E Fund Management
Guangzhou,
China
|
+$18.4M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$2.98M |
| 3 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
+$1.88M |
| 4 |
VF
Virtu Financial
New York
|
+$1.6M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFM
Harvest Fund Management
Beijing,
China
|
-$23.2M |
| 2 |
Jane Street
New York
|
-$2.67M |
| 3 |
Millennium Management
New York
|
-$2.62M |
| 4 |
Morgan Stanley
New York
|
-$1.5M |
| 5 |
ED
Exane Derivatives
Paris,
France
|
-$538K |
BNO Hedge Fund Activity: Q1 2021 in Review
46 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q1 2021, worth a combined $76.5M — up 18% from $64.6M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BNO positions and 6 closed out — a net gain of 7 holders — while 13 added to existing stakes and 9 trimmed.
The largest buyer was E Fund Management, opening a new position worth an estimated $18.4M. The largest seller was Harvest Fund Management, cutting an estimated $23.2M.
- 46 institutional investors held United States Brent Oil Fund (BNO) as of Q1 2021, up from 39 in Q4 2020.
- Funds reported $76.5M of United States Brent Oil Fund stock for Q1 2021, up 18% quarter-over-quarter.
- 13 funds opened new United States Brent Oil Fund positions in Q1 2021 and 6 closed out, a net change of +7 holders.
- The largest United States Brent Oil Fund buyer in Q1 2021 was E Fund Management, an estimated $18.4M added.
- The largest United States Brent Oil Fund seller in Q1 2021 was Harvest Fund Management, an estimated $23.2M sold.
Based on aggregated 13F filings for Q1 2021.