$BNO

$69.67 -$0.40 (0.57%) Close

$BNO Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 12.4M shares outstanding

Who owns BNO?

By type of holder

Institutions 43.5% Everyone else 56.5%

No insider has reported a holding in the last two years, so insiders are counted in "Everyone else".

Concentration Top 10 holders own 32.6%

Jpmorgan Chase & Co 0.4% · Carronade Capital Management, LP 10.9%

Institutional ownership

43.5%

-13.6 pts vs last qtr

Institutional holders

-9 vs last qtr

Net shares bought

−1.7M

by institutions in Q2 2026

New / sold out

22 / 31

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Carronade Capital Management, LP NEW +1.4M
Citadel Advisors LLC +659.6K

Biggest sellers in Q2 2026

Jpmorgan Chase & Co −1.9M
Evergreen Quality Fund GP, Ltd. SOLD OUT −513.2K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for United States Brent Oil Fund, LP in the last 12 months.

Is your stake being diluted?

There are not yet two fiscal years of reported share counts for United States Brent Oil Fund, LP.

How patient are the owners?

Institutional shares by how long they've been held

5+ years21% 3–5 years0% 1–3 years1% Under 1 year78%

Quarterly turnover

61.0%

of institutional shares changed hands

Top 10 managers, median time held

1 quarter

Super Investors

Investment managers reporting BNO on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
JC Jpmorgan Chase & Co	55.2K	0.44%	−1.9M (−97.2%)	≤2021	0.0%
Shares held by quarter Peak holding2.0M (Q1'26) Change over 8 quarters+34.2K Share of the company0.440% Jpmorgan Chase & Co's full portfolio →
CC Carronade Capital Management, LP	1.4M	10.89%	NEW	Q2 '26	1.0%
Shares held by quarter Peak holding1.4M (Q2'26) Change over 8 quarters+1.4M Share of the company10.890% Carronade Capital Management, LP's full portfolio →

Jpmorgan Chase & Co

55.2K

% of company

0.44%

Change vs last qtr

−1.9M (−97.2%)

Held since

≤2021

Carronade Capital Management, LP

1.4M

% of company

10.89%

Change vs last qtr

NEW

Held since

Q2 '26

28 more super investors behind a free account

See every manager holding United States Brent Oil Fund, LP, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting BNO on Form N-PORT; together they hold 2.0% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
HC Hedgeye Capital Allocation ETF ETF Opportunities Trust	$11M	187.8K	1.51%	2.90%	April 30, 2026
GD Gadsden Dynamic Multi-Asset ETF EA Series Trust	$2.87M	55.2K	0.45%	1.50%	March 31, 2026

Hedgeye Capital Allocation ETF

ETF Opportunities Trust

Position value

$11M

% of company

1.51%

% of the fund

2.90%

As of

April 30, 2026

Gadsden Dynamic Multi-Asset ETF

EA Series Trust

Position value

$2.87M

% of company

0.45%

% of the fund

1.50%

As of

March 31, 2026

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