BNO

United States Brent Oil Fund, LP

Company with tickers: BNO

CIK
1472494
CUSIP
91167Q100
Holders: 71
Total Value: $531,408,195
Total Shares: 10,217,424

Institutional Ownership Trend

25 quarters

Holder Concentration

Across 71 13F filers · Δ vs Dec 31, 2025
Top Holder
19.6%
Jun 2023 → Mar 2026 · range 18.4% – 58.3%
−13.4 pts
Top 5
63.0%
Jun 2023 → Mar 2026 · range 61.3% – 93.4%
−12.2 pts
Top 10
80.6%
Jun 2023 → Mar 2026 · range 80.5% – 97.9%
−7.9 pts
HHI
1,012
Jun 2023 → Mar 2026 · range 1,010 – 4,033
Broadly held −615

Quarterly Activity

vs Dec 31, 2025
New
47
Increased
16
Decreased
4
Sold Out
3
Unchanged
4
Holder count: +44
Institutional value: +1738.3%
Shares held: +901.0%

Top Buyers

vs Dec 31, 2025
Institution Added Now Holds
Mega JPMORGAN CHASE & CO +1,983,310 2,004,865
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP +1,492,500 1,653,700
Mega CITADEL ADVISORS LLC +1,247,863 1,332,587
Mega JANE STREET GROUP, LLC +890,206 929,567
Mid Virtu Financial LLC +303,744 333,396

Top Sellers

vs Dec 31, 2025
Institution Sold Now Holds
Large Daiwa Securities Group Inc. −24,400 53,600
Mega UBS Group AG −16,274 2,596
Small Headlands Technologies LLC −7,460 8,157
Small Ignite Planners, LLC −353 22,223

Top New Positions

vs Dec 31, 2025
Institution Acquired Value (USD)
Mid Evergreen Quality Fund GP, Ltd. 513,197 $26,691,375
Small Newbrook Capital Advisors LP 426,396 $22,176,855
Mid IMC-Chicago, LLC 412,754 $21,467,335
Mid E Fund Management Co., Ltd. 293,412 $15,260,358
Mid GROUP ONE TRADING LLC 241,035 $12,536,230

Top Sold-Out Positions

vs Dec 31, 2025
Institution Previously Held Last Value (USD)
Mid Ruffer LLP 106,450 $3,014,664
Mega BNP PARIBAS ARBITRAGE, SA 6,730 $190,593
Small AdvisorNet Financial, Inc 4,500 $127,440
78 of 78 shown
Export CSV
Holder Value (USD) % of 13F Shares Action
Mega JPMORGAN CHASE & CO $104,273,028 19.62% 2,004,865 View
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP $70,369,530 13.24% 1,353,000 View
Mega CITADEL ADVISORS LLC $32,355,421 6.09% 622,100 View
Mid Evergreen Quality Fund GP, Ltd. $26,691,375 5.02% 513,197 View
Mega JANE STREET GROUP, LLC $25,483,183 4.80% 489,967 View
Small Newbrook Capital Advisors LP $22,176,855 4.17% 426,396 View
Mid IMC-Chicago, LLC $21,467,335 4.04% 412,754 View
Mega CITADEL ADVISORS LLC $20,408,047 3.84% 392,387 View
Mid Harvest Fund Management Co., Ltd $17,537,355 3.30% 337,192 View
Mid Virtu Financial LLC $17,339,925 3.26% 333,396 View
Mega CITADEL ADVISORS LLC $16,544,381 3.11% 318,100 View
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP $15,639,407 2.94% 300,700 View
Mid E Fund Management Co., Ltd. $15,260,358 2.87% 293,412 View
Mid Jump Financial, LLC $13,279,453 2.50% 255,325 View
Mega JANE STREET GROUP, LLC $12,940,088 2.44% 248,800 View
Mid GROUP ONE TRADING LLC $12,536,230 2.36% 241,035 View
Mega JANE STREET GROUP, LLC $9,923,508 1.87% 190,800 View
Mega MORGAN STANLEY $9,887,101 1.86% 190,100 View
Mid Quadrature Capital Ltd $8,014,012 1.51% 154,086 View
Mega LPL Financial LLC $6,945,779 1.31% 133,547 View
Mega Nuveen, LLC $5,201,000 0.98% 100,000 View
Mid Waratah Capital Advisors Ltd. $4,125,537 0.78% 79,322 View
Large Point72 Asset Management, L.P. $3,640,700 0.69% 70,000 View
Mega WELLS FARGO & COMPANY/MN $3,149,257 0.59% 60,551 View
Mid SIMPLEX TRADING, LLC $2,954,480 0.56% 56,806 View
Large Empowered Funds, LLC $2,871,524 0.54% 55,211 View
Large Daiwa Securities Group Inc. $2,787,736 0.52% 53,600 View
Mid B. Riley Wealth Advisors, Inc. $2,239,186 0.42% 43,053 View
Small Maven Securities LTD $2,023,189 0.38% 38,900 View
Small FLOW TRADERS U.S. LLC $1,993,387 0.38% 38,327 View
Large Cambridge Investment Research Advisors, Inc. $1,957,812 0.37% 37,643 View
Mid NewEdge Advisors, LLC $1,776,453 0.33% 34,156 View
Mega DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main $1,643,672 0.31% 31,603 View
Micro WESPAC Advisors, LLC $1,417,116 0.27% 27,247 View
Small Ignite Planners, LLC $1,155,818 0.22% 22,223 View
Small Birnam Oak Advisors, LP $1,144,220 0.22% 22,000 View
Large Belvedere Trading LLC $1,020,644 0.19% 19,624 View
Small TWO SIGMA SECURITIES, LLC $988,137 0.19% 18,999 View
Small Lombard Odier Asset Management (USA) Corp $853,640 0.16% 16,413 View
Small ARMSTRONG ADVISORY GROUP, INC $834,708 0.16% 16,049 View
Micro Avondale Wealth Management $806,259 0.15% 15,502 View
Mid Mutual Advisors, LLC $545,376 0.10% 10,486 View
Small VERUS CAPITAL PARTNERS, LLC $520,100 0.10% 10,000 View
Micro CVS HEALTH Corp $520,100 0.10% 10,000 View
Mid OSAIC HOLDINGS, INC. $458,780 0.09% 8,821 View
Large Cetera Investment Advisers $447,650 0.08% 8,607 View
Large Kestra Advisory Services, LLC $438,028 0.08% 8,422 View
Small Headlands Technologies LLC $424,245 0.08% 8,157 View
Large Belvedere Trading LLC $405,678 0.08% 7,800 View
Micro Orcam Financial Group $392,415 0.07% 7,545 View
Large &PARTNERS $350,651 0.07% 6,742 View
Large HighTower Advisors, LLC $350,391 0.07% 6,737 View
Mega ROYAL BANK OF CANADA $310,707 0.06% 5,974 View
Small Quarry LP $296,457 0.06% 5,700 View
Large SCOTIA CAPITAL INC. $275,340 0.05% 5,294 View
Small Kathmere Capital Management, LLC $260,050 0.05% 5,000 View
Small StoneX Group Inc. $236,749 0.04% 4,552 View
Micro Oxinas Partners, LLC $231,444 0.04% 4,450 View
Mid Midwest Trust Co $215,633 0.04% 4,146 View
Mid Integrated Wealth Concepts LLC $208,040 0.04% 4,000 View
Mid Tower Research Capital LLC (TRC) $148,956 0.03% 2,864 View
Small Security National Bank $136,266 0.03% 2,620 View
Mega UBS Group AG $135,017 0.03% 2,596 View
Large CWM, LLC $114,422 0.02% 2,200 View
Mid HARBOUR INVESTMENTS, INC. $65,896 0.01% 1,267 View
Micro Ball & Co Wealth Management Inc. $56,222 0.01% 1,081 View
Micro Brooklands Fund Management Ltd $52,010 0.01% 1,000 View
Micro Stone House Investment Management, LLC $52,010 0.01% 1,000 View
Small Solstein Capital, LLC $24,496 0.00% 471 View
Mid Atlantic Union Bankshares Corp $20,804 0.00% 400 View
Small NBC SECURITIES, INC. $17,163 0.00% 330 View
Large Belvedere Trading LLC $10,402 0.00% 200 View
Mid Western Wealth Management, LLC $9,361 0.00% 180 View
Small HIGHLINE WEALTH PARTNERS LLC $9,101 0.00% 175 View
Mid MAI Capital Management $5,201 0.00% 100 View
Small PRIVATE TRUST CO NA $3,328 0.00% 64 View
Micro Copia Wealth Management $2,548 0.00% 49 View
Mid Sound Income Strategies, LLC $312 0.00% 6 View