United States Brent Oil Fund
BNO
39 hedge funds and large institutions have $64.6M invested in United States Brent Oil Fund in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 19 reducing their positions, and 6 closing their positions.
935% more call options, than puts
Call options by funds: $4.75M | Put options by funds: $459K
0% more funds holding
Funds holding: 39 → 39 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
3% less capital invested
Capital invested by funds: $66.6M → $64.6M (-$1.93M)
6.29% less ownership
Funds ownership: 24.75% → 18.46% (-6.3%)
68% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$1.13M |
| 2 |
VF
Virtu Financial
New York
|
+$877K |
| 3 |
Jane Street
New York
|
+$652K |
| 4 |
Morgan Stanley
New York
|
+$642K |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$571K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$20.4M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$6.85M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.02M |
| 4 |
HFM
Harvest Fund Management
Beijing,
China
|
-$3.9M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$1.96M |
BNO Hedge Fund Activity: Q4 2020 in Review
39 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q4 2020, worth a combined $64.6M — down 2.9% from $66.6M a quarter earlier.
Fund positioning in BNO was balanced in Q4 2020: 6 funds opened new positions, 6 closed out, 6 added to existing stakes and 19 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $1.13M. The largest seller was Millennium Management, cutting an estimated $20.4M.
- 39 institutional investors held United States Brent Oil Fund (BNO) as of Q4 2020, unchanged from Q3 2020.
- Funds reported $64.6M of United States Brent Oil Fund stock for Q4 2020, down 2.9% quarter-over-quarter.
- 6 funds opened new United States Brent Oil Fund positions in Q4 2020 and 6 closed out, a net change of 0 holders.
- The largest United States Brent Oil Fund buyer in Q4 2020 was Flow Traders U.S., an estimated $1.13M added.
- The largest United States Brent Oil Fund seller in Q4 2020 was Millennium Management, an estimated $20.4M sold.
Based on aggregated 13F filings for Q4 2020.