United States Brent Oil Fund
BNO
38 hedge funds and large institutions have $24.6M invested in United States Brent Oil Fund in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 18 reducing their positions, and 19 closing their positions.
266% more call options, than puts
Call options by funds: $25.2M | Put options by funds: $6.89M
7.15% less ownership
Funds ownership: 19.75% → 12.6% (-7.2%)
27% less funds holding
Funds holding: 52 → 38 (-14)
59% less capital invested
Capital invested by funds: $60.3M → $24.6M (-$35.8M)
61% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 18
74% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$962K |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$374K |
| 3 |
CG
Cutler Group
San Francisco,
California
|
+$290K |
| 4 |
JP Morgan Chase
New York
|
+$117K |
| 5 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
+$91.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$11.2M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$2.67M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$2.09M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.92M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
51
Belpointe Asset Management
Reno,
Nevada
| – | -$107K | -3,275 | Closed |
|
52
Barclays
London,
United Kingdom
| – | -$100K | -3,040 | Closed |
|
|
VVP
53
Venture Visionary Partners
Sylvania,
Ohio
| – | -$65.5K | -2,000 | Closed |
|
54
Bank of America
Charlotte,
North Carolina
| – | -$65K | -1,989 | Closed |
|
55
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$33K | -1,000 | Closed |
|
|
PFGIA
56
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$2K | -61 | Closed |
|
|
HNWAG
57
High Net Worth Advisory Group
Naples,
Florida
| – | -$1K | -30 | Closed |
|
BNO Hedge Fund Activity: Q3 2022 in Review
38 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q3 2022, worth a combined $24.6M — down 59% from $60.3M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BNO and 5 opened new positions — a net loss of 14 holders — while 18 trimmed existing stakes and 7 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $962K. The largest seller was IMC Chicago, exiting entirely with an estimated $11.2M sold.
- 38 institutional investors held United States Brent Oil Fund (BNO) as of Q3 2022, down from 52 in Q2 2022.
- Funds reported $24.6M of United States Brent Oil Fund stock for Q3 2022, down 59% quarter-over-quarter.
- 5 funds opened new United States Brent Oil Fund positions in Q3 2022 and 19 closed out, a net change of -14 holders.
- The largest United States Brent Oil Fund buyer in Q3 2022 was Citadel Advisors, an estimated $962K added.
- The largest United States Brent Oil Fund seller in Q3 2022 was IMC Chicago, an estimated $11.2M sold.
Based on aggregated 13F filings for Q3 2022.