United States Brent Oil Fund
BNO
37 hedge funds and large institutions have $34.9M invested in United States Brent Oil Fund in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 10 closing their positions.
147% more call options, than puts
Call options by funds: $4.84M | Put options by funds: $1.96M
2.6% less ownership
Funds ownership: 30.07% → 27.47% (-2.6%)
5% less funds holding
Funds holding: 39 → 37 (-2)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
50% less capital inflows, than outflows
Capital inflows: $5.63M | Capital outflows: $11.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.59M |
| 2 |
Jane Street
New York
|
+$1.02M |
| 3 |
Flow Traders U.S.
New York
|
+$879K |
| 4 |
Harvest Fund Management
Beijing,
China
|
+$748K |
| 5 |
Schonfeld Strategic Advisors
New York
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$5.01M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.04M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.56M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$525K |
| 5 |
Morgan Stanley
New York
|
-$349K |
BNO Hedge Fund Activity: Q2 2024 in Review
37 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q2 2024, worth a combined $34.9M — down 13% from $40.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BNO and 8 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 10 added.
The largest buyer was Citadel Advisors, adding an estimated $1.59M. The largest seller was IMC Chicago, exiting entirely with an estimated $5.01M sold.
- 37 institutional investors held United States Brent Oil Fund (BNO) as of Q2 2024, down from 39 in Q1 2024.
- Funds reported $34.9M of United States Brent Oil Fund stock for Q2 2024, down 13% quarter-over-quarter.
- 8 funds opened new United States Brent Oil Fund positions in Q2 2024 and 10 closed out, a net change of -2 holders.
- The largest United States Brent Oil Fund buyer in Q2 2024 was Citadel Advisors, an estimated $1.59M added.
- The largest United States Brent Oil Fund seller in Q2 2024 was IMC Chicago, an estimated $5.01M sold.
Based on aggregated 13F filings for Q2 2024.