United States Brent Oil Fund
BNO
22 hedge funds and large institutions have $11.1M invested in United States Brent Oil Fund in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
10% more funds holding
Funds holding: 20 → 22 (+2)
1.21% less ownership
Funds ownership: 12.37% → 11.16% (-1.2%)
9% less capital invested
Capital invested by funds: $12.2M → $11.1M (-$1.08M)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
18% less call options, than puts
Call options by funds: $3.69M | Put options by funds: $4.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLI
Guardian Life Insurance
New York
|
+$1.62M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$229K |
| 3 |
LPL Financial
San Diego,
California
|
+$162K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$156K |
| 5 |
Jane Street
New York
|
+$75.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PL
Polianta Ltd
St Helier,
Jersey
|
-$2.56M |
| 2 |
VF
Virtu Financial
New York
|
-$868K |
| 3 |
HFM
Harvest Fund Management
Beijing,
China
|
-$633K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$487K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$252K |
BNO Hedge Fund Activity: Q4 2017 in Review
22 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q4 2017, worth a combined $11.1M — down 8.9% from $12.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BNO positions and 3 closed out — a net gain of 2 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Guardian Life Insurance, adding an estimated $1.62M. The largest seller was Polianta Ltd, exiting entirely with an estimated $2.56M sold.
- 22 institutional investors held United States Brent Oil Fund (BNO) as of Q4 2017, up from 20 in Q3 2017.
- Funds reported $11.1M of United States Brent Oil Fund stock for Q4 2017, down 8.9% quarter-over-quarter.
- 5 funds opened new United States Brent Oil Fund positions in Q4 2017 and 3 closed out, a net change of +2 holders.
- The largest United States Brent Oil Fund buyer in Q4 2017 was Guardian Life Insurance, an estimated $1.62M added.
- The largest United States Brent Oil Fund seller in Q4 2017 was Polianta Ltd, an estimated $2.56M sold.
Based on aggregated 13F filings for Q4 2017.