BRF SA
BRFS
BRFS was delisted on the 22nd of September, 2025.
123 hedge funds and large institutions have $244M invested in BRF SA in 2020 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 41 increasing their positions, 39 reducing their positions, and 47 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 39
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.69% less ownership
Funds ownership: 11.04% → 10.35% (-0.69%)
14% less funds holding
Funds holding: 143 → 123 (-20)
34% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 47
69% less capital invested
Capital invested by funds: $781M → $244M (-$537M)
86% less call options, than puts
Call options by funds: $1.06M | Put options by funds: $7.36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$28.8M |
| 2 |
Renaissance Technologies
New York
|
+$23.1M |
| 3 |
II
INCA Investments
Miami,
Florida
|
+$19.4M |
| 4 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$13.1M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$6.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$62.3M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$26.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$24.6M |
| 4 |
Morgan Stanley
New York
|
-$23.6M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$17.1M |
BRFS Hedge Fund Activity: Q1 2020 in Review
123 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in BRF SA (BRFS) for Q1 2020, worth a combined $244M — down 69% from $781M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of BRFS and 31 opened new positions — a net loss of 16 holders — while 39 trimmed existing stakes and 41 added.
The largest buyer was Wells Fargo, adding an estimated $28.8M. The largest seller was Bank of Nova Scotia, exiting entirely with an estimated $62.3M sold.
- 123 institutional investors held BRF SA (BRFS) as of Q1 2020, down from 143 in Q4 2019.
- Funds reported $244M of BRF SA stock for Q1 2020, down 69% quarter-over-quarter.
- 31 funds opened new BRF SA positions in Q1 2020 and 47 closed out, a net change of -16 holders.
- The largest BRF SA buyer in Q1 2020 was Wells Fargo, an estimated $28.8M added.
- The largest BRF SA seller in Q1 2020 was Bank of Nova Scotia, an estimated $62.3M sold.
Based on aggregated 13F filings for Q1 2020.