United States Brent Oil Fund
BNO
24 hedge funds and large institutions have $8.34M invested in United States Brent Oil Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 5 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
60% more capital invested
Capital invested by funds: $5.2M → $8.34M (+$3.14M)
1.07% more ownership
Funds ownership: 6.54% → 7.62% (+1.1%)
4% less funds holding
Funds holding: 25 → 24 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
55% less call options, than puts
Call options by funds: $657K | Put options by funds: $1.45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
+$1.54M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$1.38M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$782K |
| 5 |
VF
Virtu Financial
New York
|
+$216K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.45M |
| 2 |
Jane Street
New York
|
-$354K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$149K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$92.4K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$35.5K |
BNO Hedge Fund Activity: Q1 2016 in Review
24 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q1 2016, worth a combined $8.34M — up 60% from $5.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BNO and 4 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 9 added.
The largest buyer was Prudential plc, opening a new position worth an estimated $1.54M. The largest seller was UBS O'Connor, exiting entirely with an estimated $2.45M sold.
- 24 institutional investors held United States Brent Oil Fund (BNO) as of Q1 2016, down from 25 in Q4 2015.
- Funds reported $8.34M of United States Brent Oil Fund stock for Q1 2016, up 60% quarter-over-quarter.
- 4 funds opened new United States Brent Oil Fund positions in Q1 2016 and 5 closed out, a net change of -1 holder.
- The largest United States Brent Oil Fund buyer in Q1 2016 was Prudential plc, an estimated $1.54M added.
- The largest United States Brent Oil Fund seller in Q1 2016 was UBS O'Connor, an estimated $2.45M sold.
Based on aggregated 13F filings for Q1 2016.