BRF SA
BRFS
BRFS was delisted on the 22nd of September, 2025.
72 hedge funds and large institutions have $166M invested in BRF SA in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 25 reducing their positions, and 16 closing their positions.
146% more call options, than puts
Call options by funds: $1.06M | Put options by funds: $429K
47% more capital invested
Capital invested by funds: $113M → $166M (+$53.5M)
0% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 25
0.06% less ownership
Funds ownership: 8.14% → 8.08% (-0.06%)
11% less funds holding
Funds holding: 81 → 72 (-9)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Polunin Capital Partners
London,
United Kingdom
|
+$13.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$12M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$1.56M |
| 4 |
RCW
Rheos Capital Works
Tokyo,
Japan
|
+$1.54M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$11.6M |
| 2 |
HIG
Herr Investment Group
Austin,
Texas
|
-$6.78M |
| 3 |
Millennium Management
New York
|
-$5.66M |
| 4 |
Goldman Sachs
New York
|
-$3.81M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.74M |
BRFS Hedge Fund Activity: Q2 2023 in Review
72 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in BRF SA (BRFS) for Q2 2023, worth a combined $166M — up 47% from $113M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BRFS and 7 opened new positions — a net loss of 9 holders — while 25 trimmed existing stakes and 25 added.
The largest buyer was Polunin Capital Partners, adding an estimated $13.7M. The largest seller was Citadel Advisors, cutting an estimated $11.6M.
- 72 institutional investors held BRF SA (BRFS) as of Q2 2023, down from 81 in Q1 2023.
- Funds reported $166M of BRF SA stock for Q2 2023, up 47% quarter-over-quarter.
- 7 funds opened new BRF SA positions in Q2 2023 and 16 closed out, a net change of -9 holders.
- The largest BRF SA buyer in Q2 2023 was Polunin Capital Partners, an estimated $13.7M added.
- The largest BRF SA seller in Q2 2023 was Citadel Advisors, an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2023.