BRF SA
BRFS
BRFS was delisted on the 22nd of September, 2025.
111 hedge funds and large institutions have $219M invested in BRF SA in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 49 reducing their positions, and 30 closing their positions.
1.83% less ownership
Funds ownership: 10.05% → 8.22% (-1.8%)
14% less funds holding
Funds holding: 129 → 111 (-18)
31% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 49
32% less capital invested
Capital invested by funds: $323M → $219M (-$104M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
53% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 30
58% less call options, than puts
Call options by funds: $549K | Put options by funds: $1.29M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$9.38M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.81M |
| 3 |
Barclays
London,
United Kingdom
|
+$2.33M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$1.93M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
-$22.3M |
| 2 |
II
INCA Investments
Miami,
Florida
|
-$16.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.09M |
| 4 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$5.51M |
| 5 |
Millennium Management
New York
|
-$3.98M |
BRFS Hedge Fund Activity: Q3 2020 in Review
111 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in BRF SA (BRFS) for Q3 2020, worth a combined $219M — down 32% from $323M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BRFS and 14 opened new positions — a net loss of 16 holders — while 49 trimmed existing stakes and 34 added.
The largest buyer was Wells Fargo, adding an estimated $9.38M. The largest seller was BW Gestao de Investimentos, exiting entirely with an estimated $22.3M sold.
- 111 institutional investors held BRF SA (BRFS) as of Q3 2020, down from 129 in Q2 2020.
- Funds reported $219M of BRF SA stock for Q3 2020, down 32% quarter-over-quarter.
- 14 funds opened new BRF SA positions in Q3 2020 and 30 closed out, a net change of -16 holders.
- The largest BRF SA buyer in Q3 2020 was Wells Fargo, an estimated $9.38M added.
- The largest BRF SA seller in Q3 2020 was BW Gestao de Investimentos, an estimated $22.3M sold.
Based on aggregated 13F filings for Q3 2020.