BRF SA
BRFS
BRFS was delisted on the 22nd of September, 2025.
104 hedge funds and large institutions have $429M invested in BRF SA in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 31 reducing their positions, and 16 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 31
19% more capital invested
Capital invested by funds: $362M → $429M (+$67.2M)
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
1% more funds holding
Funds holding: 103 → 104 (+1)
0.19% more ownership
Funds ownership: 9.45% → 9.64% (+0.19%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
84% less call options, than puts
Call options by funds: $1.59M | Put options by funds: $10.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$69.3M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$10M |
| 3 |
II
INCA Investments
Miami,
Florida
|
+$5.93M |
| 4 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$5.32M |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$4.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
-$47.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.4M |
| 3 |
Millennium Management
New York
|
-$7.22M |
| 4 |
JP Morgan Chase
New York
|
-$5.76M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$5.57M |
BRFS Hedge Fund Activity: Q3 2018 in Review
104 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in BRF SA (BRFS) for Q3 2018, worth a combined $429M — up 19% from $362M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BRFS positions and 16 closed out — a net gain of 2 holders — while 37 added to existing stakes and 31 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $69.3M. The largest seller was BW Gestao de Investimentos, exiting entirely with an estimated $47.5M sold.
- 104 institutional investors held BRF SA (BRFS) as of Q3 2018, up from 103 in Q2 2018.
- Funds reported $429M of BRF SA stock for Q3 2018, up 19% quarter-over-quarter.
- 18 funds opened new BRF SA positions in Q3 2018 and 16 closed out, a net change of +2 holders.
- The largest BRF SA buyer in Q3 2018 was Baillie Gifford & Co, an estimated $69.3M added.
- The largest BRF SA seller in Q3 2018 was BW Gestao de Investimentos, an estimated $47.5M sold.
Based on aggregated 13F filings for Q3 2018.