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United States Brent Oil Fund

46 hedge funds and large institutions have $99.2M invested in United States Brent Oil Fund in 2020 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

494% more capital invested

Capital invested by funds: $16.7M → $99.2M (+$82.5M)

142% more funds holding

Funds holding: 1946 (+27)

30% more call options, than puts

Call options by funds: $5.66M | Put options by funds: $4.36M

29% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 7

6.29% more ownership

Funds ownership: 17.15%23.43% (+6.3%)

Holders
46
Holders Change
+27
Holders Change %
+142.11%
% of All Funds
0.94%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
27
Increased
9
Reduced
7
Closed
Calls
$5.66M
Puts
$4.36M
Net Calls
+$1.3M
Net Calls Change
+$1.55M
Name Holding Trade Value Shares
Change
Change in
Stake
HFM
1
Harvest Fund Management
China
$37.9M +$18.7M +2,043,658 +144%
Millennium Management
2
Millennium Management
New York
$25.9M +$21.9M +2,397,551 New
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$12.2M +$10.3M +1,126,782 New
IMC Chicago
4
IMC Chicago
Illinois
$4.44M +$3.76M +411,326 New
Cambridge Investment Research Advisors
5
Cambridge Investment Research Advisors
Iowa
$2.84M +$418K +45,716 +21%
Wells Fargo
6
Wells Fargo
California
$2.76M +$2.23M +243,539 +1,994%
ED
7
Exane Derivatives
France
$1.83M +$921K +100,768 +146%
VF
8
Virtu Financial
New York
$1.52M +$1.29M +141,062 New
JP Morgan Chase
9
JP Morgan Chase
New York
$1.16M +$864K +94,483 +712%
FTUS
10
Flow Traders U.S.
New York
$1.07M +$909K +99,404 New
Qube Research & Technologies (QRT)
11
Qube Research & Technologies (QRT)
United Kingdom
$802K -$249K -27,234 -27%
Morgan Stanley
12
Morgan Stanley
New York
$739K +$189K +20,633 +43%
DS
13
DRW Securities
Illinois
$701K +$594K +64,990 New
UBS Group
14
UBS Group
Switzerland
$647K +$511K +55,888 +1,374%
Daiwa Securities Group
15
Daiwa Securities Group
Japan
$499K
Jane Street
16
Jane Street
New York
$484K -$398K -43,543 -49%
IAA
17
Independent Advisor Alliance
North Carolina
$460K +$366K +40,000 New
LPL Financial
18
LPL Financial
California
$451K +$382K +41,804 New
Group One Trading
19
Group One Trading
Illinois
$431K +$365K +39,961 New
Citadel Advisors
20
Citadel Advisors
Florida
$357K +$303K +33,126 New
Wolverine Trading
21
Wolverine Trading
Illinois
$346K -$368K -40,254 -56%
Deutsche Bank
22
Deutsche Bank
Germany
$296K -$61.6K -6,735 -20%
PFS
23
Prospera Financial Services
Texas
$285K +$241K +26,400 New
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$173K -$7.09K -775 -5%
IWC
25
Integrated Wealth Concepts
Massachusetts
$173K +$146K +16,000 New

BNO Hedge Fund Activity: Q2 2020 in Review

46 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q2 2020, worth a combined $99.2M — up 494% from $16.7M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new BNO positions and 0 closed out — a net gain of 27 holders — while 9 added to existing stakes and 7 trimmed.

The largest buyer was Millennium Management, opening a new position worth an estimated $21.9M. The largest seller was Jane Street, cutting an estimated $398K.

  • 46 institutional investors held United States Brent Oil Fund (BNO) as of Q2 2020, up from 19 in Q1 2020.
  • Funds reported $99.2M of United States Brent Oil Fund stock for Q2 2020, up 494% quarter-over-quarter.
  • 27 funds opened new United States Brent Oil Fund positions in Q2 2020 and 0 closed out, a net change of +27 holders.
  • The largest United States Brent Oil Fund buyer in Q2 2020 was Millennium Management, an estimated $21.9M added.
  • The largest United States Brent Oil Fund seller in Q2 2020 was Jane Street, an estimated $398K sold.

Based on aggregated 13F filings for Q2 2020.