BNO · United States Brent Oil Fund, LP

$55.70 +0.14 (+0.25%)

Market Cap

$638.35M

12.40M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Quarter:

Holders: 63

Total Value: $399,194,191

Total Shares: 9,811,320

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 63 13F filers · Δ vs Mar 31, 2026

Top Holder

29.2%

+9.6 pts

Top 5

69.1%

+6.1 pts

Top 10

83.7%

+3.0 pts

HHI

1,332

Broadly held+316

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -8

Institutional value: -24.8%

Shares held: -4.2%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega CITADEL ADVISORS LLC	+1,533,187	2,865,774
Mid Harvest Fund Management Co., Ltd	+458,938	796,130
Large Belvedere Trading LLC	+135,724	163,348
Mega WELLS FARGO & COMPANY/MN	+123,699	184,250
Large Quadrature Capital Ltd	+122,758	276,844

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega JPMORGAN CHASE & CO	−1,949,713	55,152
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP	−725,379	928,321
Mid IMC-Chicago, LLC	−383,322	29,432
Mid Virtu Financial LLC	−272,718	60,678
Mega MORGAN STANLEY	−203,731	4,186

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mid CARRONADE CAPITAL MANAGEMENT, LP	1,350,365	$54,946,351
Small PLUSTICK MANAGEMENT LLC	450,000	$18,310,500
Large CIBC Bancorp USA Inc.	225,000	$9,155,250
Small Mountain Lake Investment Management LLC	96,318	$3,919,179
Large LMR Partners LLP	87,000	$3,540,030

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mid Evergreen Quality Fund GP, Ltd.	513,197	$26,691,375
Small Newbrook Capital Advisors LP	426,396	$22,176,855
Mega Nuveen, LLC	100,000	$5,201,000
Mid Waratah Capital Advisors Ltd.	79,322	$4,125,537
Mid SIMPLEX TRADING, LLC	56,806	$2,954,480

Filter: New 29 Increased 11 Reduced 21 Sold out 37 Unchanged 2

Showing 74 of 74

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

CARRONADE CAPITAL MANAGEMENT, LP

$54,946,351

13.76%

1,350,365

CITADEL ADVISORS LLC

$42,804,822

10.72%

1,051,974

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	1,051,974	$42,804,822	100.0%	Defined

CITADEL ADVISORS LLC

$40,116,271

10.05%

985,900

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	985,900	$40,116,271	100.0%	Defined

CITADEL ADVISORS LLC

$33,687,251

8.44%

827,900

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	827,900	$33,687,251	100.0%	Defined

Harvest Fund Management Co., Ltd

$32,394,529

8.11%

796,130

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$28,454,517

7.13%

699,300

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	699,300	$28,454,517	100.0%	Other

JANE STREET GROUP, LLC

$26,061,945

6.53%

640,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	640,500	$26,061,945	100.0%	Defined

PLUSTICK MANAGEMENT LLC

$18,310,500

4.59%

450,000

E Fund Management Co., Ltd.

$11,938,934

2.99%

293,412

Quadrature Capital Ltd

$11,264,782

2.82%

276,844

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Quadrature US Inc.	276,844	$11,264,782	100.0%	Other

CIBC Bancorp USA Inc.

$9,155,250

2.29%

225,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CIBC National Trust Co	225,000	$9,155,250	100.0%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$8,858,213

2.22%

217,700

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	217,700	$8,858,213	100.0%	Other

WELLS FARGO & COMPANY/MN

$6,988,506

1.75%

171,750

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	5,915	$240,681	3.4%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	2,435	$99,080	1.4%	Defined
WELLS FARGO CLEARING SERVICES, LLC	163,158	$6,638,899	95.0%	Defined
Wells Fargo Securities, LLC	242	$9,846	0.1%	Defined

JANE STREET GROUP, LLC

$6,913,231

1.73%

169,900

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	169,900	$6,913,231	100.0%	Defined

GROUP ONE TRADING LLC

$6,726,870

1.69%

165,320

Mountain Lake Investment Management LLC

$3,919,179

0.98%

96,318

Jump Financial, LLC

$3,626,903

0.91%

89,135

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jump Trading Holdings, LLC joint	89,135	$3,626,903	100.0%	Defined

LMR Partners LLP

$3,540,030

0.89%

87,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
LMR Partners LLC	87,000	$3,540,030	100.0%	Sole

Arrington Capital Management, LLC

$3,462,719

0.87%

85,100

BANK OF AMERICA CORP /DE/

$3,411,856

0.85%

83,850

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MERRILL LYNCH INTERNATIONAL	83,850	$3,411,856	100.0%	Defined

Belvedere Trading LLC

$3,059,888

0.77%

75,200

EASTERLY INVESTMENT PARTNERS LLC

$2,848,300

0.71%

70,000

HRT FINANCIAL LP

$2,812,614

0.70%

69,123

Shay Capital LLC

$2,685,540

0.67%

66,000

Daiwa Securities Group Inc.

$2,514,642

0.63%

61,800

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Daiwa Asset Management Co. Ltd	61,800	$2,514,642	100.0%	Sole

Virtu Financial LLC

$2,468,987

0.62%

60,678

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Virtu Americas LLC	60,678	$2,468,987	100.0%	Defined

Clear Street Group Inc.

$2,339,675

0.59%

57,500

JPMORGAN CHASE & CO

$2,244,134

0.56%

55,152

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities LLC	55,152	$2,244,134	100.0%	Defined

Belvedere Trading LLC

$2,040,522

0.51%

50,148

FLOW TRADERS U.S. LLC

$1,554,154

0.39%

38,195

Belvedere Trading LLC

$1,546,220

0.39%

38,000

Point72 Asset Management, L.P.

$1,424,150

0.36%

35,000

JANE STREET GROUP, LLC

$1,342,851

0.34%

33,002

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	33,002	$1,342,851	100.0%	Defined

IMC-Chicago, LLC

$1,197,588

0.30%

29,432

Cascade Financial Partners, LLC

$895,180

0.22%

22,000

Ignite Planners, LLC

$869,341

0.22%

21,365

PRELUDE CAPITAL MANAGEMENT, LLC

$813,800

0.20%

20,000

TWO SIGMA SECURITIES, LLC

$772,377

0.19%

18,982

Focus Partners Wealth

$691,730

0.17%

17,000

DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main

$673,500

0.17%

16,552

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UNION ASSET MANAGEMENT HOLDING AG joint	16,552	$673,500	100.0%	Defined

Avondale Wealth Management

$611,977

0.15%

15,040

Security National Bank

$590,615

0.15%

14,515

OSAIC HOLDINGS, INC.

$586,383

0.15%

14,411

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	14,411	$586,383	100.0%	Defined

WELLS FARGO & COMPANY/MN

$508,625

0.13%

12,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Wells Fargo Securities, LLC	12,500	$508,625	100.0%	Defined

LPL Financial LLC

$488,483

0.12%

12,005

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$460,651

0.12%

11,321

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	11,321	$460,651	100.0%	Other

Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors

$456,256

0.11%

11,213

StoneX Group Inc.

$415,607

0.10%

10,214

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STONEX FINANCIAL INC. joint	10,214	$415,607	100.0%	Defined

K2 PRINCIPAL FUND, L.P.

$406,900

0.10%

10,000

BNP PARIBAS ARBITRAGE, SA

$385,741

0.10%

9,480

Parallax Volatility Advisers, L.P.

$321,451

0.08%

7,900

SCOTIA CAPITAL INC.

$276,895

0.07%

6,805

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF NOVA SCOTIA	6,805	$276,895	100.0%	Defined

Kestra Advisory Services, LLC

$269,164

0.07%

6,615

Chemistry Wealth Management LLC

$256,550

0.06%

6,305

Keebeck Wealth Management

$256,347

0.06%

6,300

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
55I, LLC joint	6,300	$256,347	100.0%	Other

Integrated Wealth Concepts LLC

$237,792

0.06%

5,844

Collaborative Wealth Managment Inc.

$226,155

0.06%

5,558

&PARTNERS

$207,152

0.05%

5,091

COMMERCE BANK

$203,450

0.05%

5,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
COMMERCE BANCSHARES INC /MO/	5,000	$203,450	100.0%	Sole

ROYAL BANK OF CANADA

$187,174

0.05%

4,600

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	4,600	$187,174	100.0%	Defined

MORGAN STANLEY

$170,328

0.04%

4,186

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY SMITH BARNEY LLC	4,086	$166,259	97.6%	Defined
Held directly	100	$4,069	2.4%	Defined

Federation des caisses Desjardins du Quebec

$122,070

0.03%

3,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Desjardins Securities inc.	3,000	$122,070	100.0%	Defined

Collaborative Wealth Managment Inc.

$69,173

0.02%

1,700

HARBOUR INVESTMENTS, INC.

$35,603

0.01%

875

UBS Group AG

$22,215

0.01%

546

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	385	$15,665	70.5%	Defined
UBS AG	111	$4,516	20.3%	Defined
UBS Securities LLC	50	$2,034	9.2%	Defined

Solstein Capital, LLC

$19,164

0.00%

471

MATHER GROUP, LLC.

$16,276

0.00%

400

ARMSTRONG ADVISORY GROUP, INC

$3,540

0.00%

Downshift Financial, LLC

$2,034

0.00%

Ameritas Advisory Services, LLC

$1,790

0.00%

FNY Investment Advisers, LLC

$610

0.00%

Hurley Capital, LLC

$88

0.00%

700

Parallax Volatility Advisers, L.P.

$40

0.00%

Institute for Wealth Management, LLC.

$40

0.00%

Key facts CIK 1472494 CUSIP 91167Q100 13F (30d) 51 filings 50 filers Visit website