United States Brent Oil Fund
BNO
19 hedge funds and large institutions have $16.6M invested in United States Brent Oil Fund in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
46% more funds holding
Funds holding: 13 → 19 (+6)
14% more capital invested
Capital invested by funds: $14.5M → $16.6M (+$2.06M)
20.14% less ownership
Funds ownership: 51.97% → 31.83% (-20%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.54M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$991K |
| 3 |
Millennium Management
New York
|
+$955K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$594K |
| 5 |
SC
Sumit Capital
New York
|
+$288K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.11M |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
-$1.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$220K |
| 4 |
Jane Street
New York
|
-$90.6K |
BNO Hedge Fund Activity: Q2 2014 in Review
19 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q2 2014, worth a combined $16.6M — up 14% from $14.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BNO positions and 2 closed out — a net gain of 6 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Virtu Financial, adding an estimated $1.54M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.11M sold.
- 19 institutional investors held United States Brent Oil Fund (BNO) as of Q2 2014, up from 13 in Q1 2014.
- Funds reported $16.6M of United States Brent Oil Fund stock for Q2 2014, up 14% quarter-over-quarter.
- 8 funds opened new United States Brent Oil Fund positions in Q2 2014 and 2 closed out, a net change of +6 holders.
- The largest United States Brent Oil Fund buyer in Q2 2014 was Virtu Financial, an estimated $1.54M added.
- The largest United States Brent Oil Fund seller in Q2 2014 was Susquehanna International Group, an estimated $2.11M sold.
Based on aggregated 13F filings for Q2 2014.