United States Brent Oil Fund
BNO
25 hedge funds and large institutions have $5.2M invested in United States Brent Oil Fund in 2015 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
25% more funds holding
Funds holding: 20 → 25 (+5)
1.78% less ownership
Funds ownership: 8.32% → 6.54% (-1.8%)
25% less capital invested
Capital invested by funds: $6.93M → $5.2M (-$1.73M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
68% less call options, than puts
Call options by funds: $393K | Put options by funds: $1.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$532K |
| 3 |
Jane Street
New York
|
+$433K |
| 4 |
LPL Financial
San Diego,
California
|
+$215K |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
-$1.66M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$1.3M |
| 3 |
Morgan Stanley
New York
|
-$1.01M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$580K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$194K |
BNO Hedge Fund Activity: Q4 2015 in Review
25 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q4 2015, worth a combined $5.2M — down 25% from $6.93M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BNO positions and 7 closed out — a net gain of 5 holders — while 2 added to existing stakes and 5 trimmed.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $3M. The largest seller was Ionic Capital Management, exiting entirely with an estimated $1.66M sold.
- 25 institutional investors held United States Brent Oil Fund (BNO) as of Q4 2015, up from 20 in Q3 2015.
- Funds reported $5.2M of United States Brent Oil Fund stock for Q4 2015, down 25% quarter-over-quarter.
- 12 funds opened new United States Brent Oil Fund positions in Q4 2015 and 7 closed out, a net change of +5 holders.
- The largest United States Brent Oil Fund buyer in Q4 2015 was UBS O'Connor, an estimated $3M added.
- The largest United States Brent Oil Fund seller in Q4 2015 was Ionic Capital Management, an estimated $1.66M sold.
Based on aggregated 13F filings for Q4 2015.