BRF SA
BRFS
BRFS was delisted on the 22nd of September, 2025.
139 hedge funds and large institutions have $784M invested in BRF SA in 2019 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 27 increasing their positions, 55 reducing their positions, and 23 closing their positions.
513% more call options, than puts
Call options by funds: $15.8M | Put options by funds: $2.58M
70% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 23
18% more capital invested
Capital invested by funds: $666M → $784M (+$119M)
13% more funds holding
Funds holding: 123 → 139 (+16)
0.21% less ownership
Funds ownership: 10.75% → 10.54% (-0.21%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
51% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Passport Capital
San Francisco,
California
|
+$27.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$20.9M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$20.8M |
| 4 |
Morgan Stanley
New York
|
+$15.7M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$8.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$20.1M |
| 2 |
Millennium Management
New York
|
-$16.2M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$15.4M |
| 4 |
JP Morgan Chase
New York
|
-$13.7M |
| 5 |
II
INCA Investments
Miami,
Florida
|
-$13.3M |
BRFS Hedge Fund Activity: Q3 2019 in Review
139 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in BRF SA (BRFS) for Q3 2019, worth a combined $784M — up 18% from $666M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BRFS positions and 23 closed out — a net gain of 16 holders — while 27 added to existing stakes and 55 trimmed.
The largest buyer was Passport Capital, opening a new position worth an estimated $27.3M. The largest seller was Coatue Management, exiting entirely with an estimated $20.1M sold.
- 139 institutional investors held BRF SA (BRFS) as of Q3 2019, up from 123 in Q2 2019.
- Funds reported $784M of BRF SA stock for Q3 2019, up 18% quarter-over-quarter.
- 39 funds opened new BRF SA positions in Q3 2019 and 23 closed out, a net change of +16 holders.
- The largest BRF SA buyer in Q3 2019 was Passport Capital, an estimated $27.3M added.
- The largest BRF SA seller in Q3 2019 was Coatue Management, an estimated $20.1M sold.
Based on aggregated 13F filings for Q3 2019.