United States Brent Oil Fund LP is an exchange traded security fund, which is designed to track the daily price movements of Brent crude oil. Its objective is for the daily changes in percentage terms of its shares NAV to reflect the daily changes in percentage terms of the spot price of Brent crude oil, as measured by the daily changes in price of BNO's benchmark oil futures contract, less BNO's expenses. The fund was founded on September 2, 2009 and is headquartered in Oakland, CA.
Company profile
Ticker
BNO
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
270925904
BNO stock data
Latest filings (excl ownership)
424I
Prospectus supplement
29 Mar 24
8-K
Regulation FD Disclosure
28 Mar 24
8-K
General Partner of the United States Brent Oil Fund, LP
27 Mar 24
8-K
To the Members of the Audit Committee of the Board of Directors of United States Commodity Funds LLC
21 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Regulation FD Disclosure
28 Feb 24
8-K
Regulation FD Disclosure
30 Jan 24
8-K
Regulation FD Disclosure
28 Dec 23
424B3
Prospectus supplement
4 Dec 23
8-K
Regulation FD Disclosure
28 Nov 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 170.82 mm | 170.82 mm | 170.82 mm | 170.82 mm | 170.82 mm | 170.82 mm |
Cash burn (monthly) | (no burn) | 3.24 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 22.08 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 148.74 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 46.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
2.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 8 |
Opened positions | 2 |
Closed positions | 5 |
Increased positions | 2 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 1.12 bn |
Total shares | 101.51 k |
Total puts | 1.20 k |
Total calls | 27.50 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Harvest Fund Management | 59.09 k | $1.90 mm |
JPM JPMorgan Chase & Co. | 20.38 k | $653.56 mm |
Integrated Wealth Concepts | 13.00 k | $416.91 mm |
Simplex Trading | 7.57 k | $242.00 k |
Ramirez Asset Management | 753.00 | $24.15 mm |
IFP Advisors | 639.00 | $20.49 mm |
BNP Paribas Arbitrage | 80.00 | $2.57 mm |
Cutler | 0.00 | $0.00 |