United States Brent Oil Fund
BNO
35 hedge funds and large institutions have $36.3M invested in United States Brent Oil Fund in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 10 closing their positions.
310% more call options, than puts
Call options by funds: $16.6M | Put options by funds: $4.06M
38% more capital invested
Capital invested by funds: $26.4M → $36.3M (+$9.89M)
10.76% more ownership
Funds ownership: 15.52% → 26.28% (+11%)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
10% less funds holding
Funds holding: 39 → 35 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$8.73M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.46M |
| 3 |
Morgan Stanley
New York
|
+$2.14M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.61M |
| 5 |
CWM
CIBC World Markets
New York
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$2.22M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.06M |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$694K |
| 4 |
AFG
Atomi Financial Group
New York
|
-$599K |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$346K |
BNO Hedge Fund Activity: Q4 2023 in Review
35 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q4 2023, worth a combined $36.3M — up 38% from $26.4M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BNO and 6 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 13 added.
The largest buyer was Jane Street, adding an estimated $8.73M. The largest seller was MML Investors Services, cutting an estimated $2.22M.
- 35 institutional investors held United States Brent Oil Fund (BNO) as of Q4 2023, down from 39 in Q3 2023.
- Funds reported $36.3M of United States Brent Oil Fund stock for Q4 2023, up 38% quarter-over-quarter.
- 6 funds opened new United States Brent Oil Fund positions in Q4 2023 and 10 closed out, a net change of -4 holders.
- The largest United States Brent Oil Fund buyer in Q4 2023 was Jane Street, an estimated $8.73M added.
- The largest United States Brent Oil Fund seller in Q4 2023 was MML Investors Services, an estimated $2.22M sold.
Based on aggregated 13F filings for Q4 2023.