United States Brent Oil Fund
BNO
27 hedge funds and large institutions have $118M invested in United States Brent Oil Fund in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 16 closing their positions.
10,781% more call options, than puts
Call options by funds: $167M | Put options by funds: $1.53M
2,512% more capital inflows, than outflows
Capital inflows: $96.9M | Capital outflows: $3.71M
62.26% more ownership
Funds ownership: 27.47% → 89.72% (+62%)
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
27% less funds holding
Funds holding: 37 → 27 (-10)
63% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$84.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.49M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$1.72M |
| 4 |
Flow Traders U.S.
New York
|
+$1.24M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMART Wealth
Omaha,
Nebraska
|
-$890K |
| 2 |
LPL Financial
San Diego,
California
|
-$676K |
| 3 |
Schonfeld Strategic Advisors
New York
|
-$511K |
| 4 |
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$322K |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$236K |
BNO Hedge Fund Activity: Q3 2024 in Review
27 of the 6,989 institutional investors tracked by Wall St. Rank reported a position in United States Brent Oil Fund (BNO) for Q3 2024, worth a combined $118M — up 239% from $34.9M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BNO and 6 opened new positions — a net loss of 10 holders — while 7 trimmed existing stakes and 11 added.
The largest buyer was Jane Street, adding an estimated $84.7M. The largest seller was SMART Wealth, exiting entirely with an estimated $890K sold.
- 27 institutional investors held United States Brent Oil Fund (BNO) as of Q3 2024, down from 37 in Q2 2024.
- Funds reported $118M of United States Brent Oil Fund stock for Q3 2024, up 239% quarter-over-quarter.
- 6 funds opened new United States Brent Oil Fund positions in Q3 2024 and 16 closed out, a net change of -10 holders.
- The largest United States Brent Oil Fund buyer in Q3 2024 was Jane Street, an estimated $84.7M added.
- The largest United States Brent Oil Fund seller in Q3 2024 was SMART Wealth, an estimated $890K sold.
Based on aggregated 13F filings for Q3 2024.