United States Brent Oil Fund
BNO
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.
494% more capital invested
Capital invested by funds: $16.7M → $99.2M (+$82.5M)
142% more funds holding
Funds holding: 19 → 46 (+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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$21.9M |
| 2 |
HFM
Harvest Fund Management
Beijing,
China
|
+$18.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.3M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$3.76M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$398K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$368K |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$249K |
| 4 |
KPW
Kore Private Wealth
New York
|
-$141K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$61.6K |
BNO Hedge Fund Activity: Q2 2020 in Review
46 of the 4,888 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.