BRF SA
BRFS
BRFS was delisted on the 22nd of September, 2025.
113 hedge funds and large institutions have $289M invested in BRF SA in 2020 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 43 increasing their positions, 33 reducing their positions, and 20 closing their positions.
32% more capital invested
Capital invested by funds: $219M → $289M (+$70.3M)
30% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 33
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
2% more funds holding
Funds holding: 111 → 113 (+2)
0.26% more ownership
Funds ownership: 8.22% → 8.48% (+0.26%)
35% less call options, than puts
Call options by funds: $785K | Put options by funds: $1.21M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.85M |
| 2 |
Renaissance Technologies
New York
|
+$4.59M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$2.73M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.66M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.26M |
| 2 |
II
INCA Investments
Miami,
Florida
|
-$5.81M |
| 3 |
Two Sigma Advisers
New York
|
-$2.66M |
| 4 |
B
Barings
Charlotte,
North Carolina
|
-$1.99M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.4M |
BRFS Hedge Fund Activity: Q4 2020 in Review
113 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in BRF SA (BRFS) for Q4 2020, worth a combined $289M — up 32% from $219M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BRFS positions and 20 closed out — a net gain of 2 holders — while 43 added to existing stakes and 33 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.85M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $6.26M sold.
- 113 institutional investors held BRF SA (BRFS) as of Q4 2020, up from 111 in Q3 2020.
- Funds reported $289M of BRF SA stock for Q4 2020, up 32% quarter-over-quarter.
- 22 funds opened new BRF SA positions in Q4 2020 and 20 closed out, a net change of +2 holders.
- The largest BRF SA buyer in Q4 2020 was Morgan Stanley, an estimated $4.85M added.
- The largest BRF SA seller in Q4 2020 was Arrowstreet Capital, an estimated $6.26M sold.
Based on aggregated 13F filings for Q4 2020.