United States Brent Oil Fund
BNO
40 hedge funds and large institutions have $26.4M invested in United States Brent Oil Fund in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 7 closing their positions.
320% more call options, than puts
Call options by funds: $14.6M | Put options by funds: $3.48M
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 40 → 40 (0)
2.72% less ownership
Funds ownership: 18.24% → 15.52% (-2.7%)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
70% less capital inflows, than outflows
Capital inflows: $3.97M | Capital outflows: $13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$970K |
| 2 |
GTS Securities
Miami,
Florida
|
+$407K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$358K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$317K |
| 5 |
AE Wealth Management
Topeka,
Kansas
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$5.47M |
| 2 |
Weiss Multi-Strategy Advisers
New York
|
-$4.09M |
| 3 |
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$642K |
| 4 |
Morgan Stanley
New York
|
-$504K |
| 5 |
Harvest Fund Management
Beijing,
China
|
-$484K |
BNO Hedge Fund Activity: Q3 2023 in Review
40 of the 6,317 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q3 2023, worth a combined $26.4M — down 11% from $29.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BNO positions and 7 closed out — a net gain of 1 holder — while 10 added to existing stakes and 15 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $970K. The largest seller was MML Investors Services, cutting an estimated $5.47M.
- 40 institutional investors held United States Brent Oil Fund (BNO) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $26.4M of United States Brent Oil Fund stock for Q3 2023, down 11% quarter-over-quarter.
- 8 funds opened new United States Brent Oil Fund positions in Q3 2023 and 7 closed out, a net change of +1 holder.
- The largest United States Brent Oil Fund buyer in Q3 2023 was LPL Financial, an estimated $970K added.
- The largest United States Brent Oil Fund seller in Q3 2023 was MML Investors Services, an estimated $5.47M sold.
Based on aggregated 13F filings for Q3 2023.