United States Brent Oil Fund (BNO) Common Equity (2010 - 2026)
United States Brent Oil Fund's (BNO) quarterly Common Equity came in at $543.6 million in Q2 2026, up 423.71% on a YoY basis from $103.8 million in Q2 2025, and down 42.88% quarter-over-quarter from $951.7 million in Q1 2026.
Analysis
United States Brent Oil Fund (BNO) Common Equity (2010 - 2026) Analysis & Trends
United States Brent Oil Fund (BNO) has reported Common Equity for 17 consecutive years, with $543.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Common Equity rose 423.71% year-over-year to $543.6 million; the trailing twelve-month figure through Jun 2026 stood at $543.6 million (up 423.71% YoY), and the FY2025 full-year result was $100.4 million, down 12.3% from the prior year.
- Common Equity declined to $543.6 million in Q2 2026 per BNO's latest filing, from $951.7 million in the prior quarter.
- Across five years, Common Equity topped out at $951.7 million in Q1 2026 and bottomed at $98.1 million in Q1 2025.
- Historically, Common Equity has averaged $232.2 million across 5 years, with a median of $168.4 million in 2023.
- The sharpest annual moves came in 2025 and 2026: Common Equity tumbled 52.86% in 2025, then jumped 870.47% in 2026.
- Over 5 years, Common Equity stood at $231.7 million in 2022, then tumbled by 43.87% to $130.1 million in 2023, then slipped by 11.96% to $114.5 million in 2024, then slipped by 12.3% to $100.4 million in 2025, then soared by 441.21% to $543.6 million in 2026.
- According to Business Quant data, Common Equity over the past three periods registered $543.6 million, $951.7 million, and $100.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 57.84 Bn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | 130.05 Bn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | 60.09 Bn |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | 27.26 Bn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 12.18 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | 28.19 Bn |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 12.92 Bn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 13.11 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 8.31 Bn |
| 10 | United States Brent Oil Fund | 920.37 Mn | 525.94 Mn | - | 543.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 543.58 Mn |
| Mar 31, 2026 | 951.65 Mn |
| Dec 31, 2025 | 100.44 Mn |
| Sep 30, 2025 | 101.98 Mn |
| Jun 30, 2025 | 103.79 Mn |
| Mar 31, 2025 | 98.06 Mn |
| Dec 31, 2024 | 114.53 Mn |
| Sep 30, 2024 | 216.34 Mn |
| Jun 30, 2024 | 128.69 Mn |
| Mar 31, 2024 | 134.22 Mn |
| Dec 31, 2023 | 130.08 Mn |
| Sep 30, 2023 | 169.93 Mn |
| Jun 30, 2023 | 166.97 Mn |
| Mar 31, 2023 | 240.99 Mn |
| Dec 31, 2022 | 231.74 Mn |
| Sep 30, 2022 | 198.86 Mn |
| Jun 30, 2022 | 269.57 Mn |
| Mar 31, 2022 | 278.96 Mn |
| Dec 31, 2021 | 226.41 Mn |
| Sep 30, 2021 | 245.81 Mn |