BRF SA
BRFS
BRFS was delisted on the 22nd of September, 2025.
143 hedge funds and large institutions have $781M invested in BRF SA in 2019 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 48 increasing their positions, 50 reducing their positions, and 19 closing their positions.
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
3% more funds holding
Funds holding: 139 → 143 (+4)
8% more call options, than puts
Call options by funds: $10.8M | Put options by funds: $10M
0.5% more ownership
Funds ownership: 10.54% → 11.04% (+0.5%)
0% less capital invested
Capital invested by funds: $784M → $781M (-$3.86M)
4% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 50
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$41.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$12.1M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$10M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$9.92M |
| 5 |
Millennium Management
New York
|
+$8.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$27.4M |
| 2 |
PC
Passport Capital
San Francisco,
California
|
-$8.62M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$8.51M |
| 4 |
QF
QVT Financial
New York
|
-$6.43M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$5.54M |
BRFS Hedge Fund Activity: Q4 2019 in Review
143 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in BRF SA (BRFS) for Q4 2019, worth a combined $781M — down 0.49% from $784M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BRFS positions and 19 closed out — a net gain of 5 holders — while 48 added to existing stakes and 50 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $41.9M. The largest seller was JP Morgan Chase, cutting an estimated $27.4M.
- 143 institutional investors held BRF SA (BRFS) as of Q4 2019, up from 139 in Q3 2019.
- Funds reported $781M of BRF SA stock for Q4 2019, down 0.49% quarter-over-quarter.
- 24 funds opened new BRF SA positions in Q4 2019 and 19 closed out, a net change of +5 holders.
- The largest BRF SA buyer in Q4 2019 was Bank of Nova Scotia, an estimated $41.9M added.
- The largest BRF SA seller in Q4 2019 was JP Morgan Chase, an estimated $27.4M sold.
Based on aggregated 13F filings for Q4 2019.