BRF SA
BRFS
BRFS was delisted on the 22nd of September, 2025.
88 hedge funds and large institutions have $160M invested in BRF SA in 2023 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 23 increasing their positions, 29 reducing their positions, and 12 closing their positions.
1,224% more call options, than puts
Call options by funds: $4.85M | Put options by funds: $366K
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more funds holding
Funds holding: 78 → 88 (+10)
2% less ownership
Funds ownership: 5.42% → 3.42% (-2%)
14% less capital invested
Capital invested by funds: $187M → $160M (-$26.9M)
21% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KI
Kapitalo Investimentos
Sao Paulo,
Brazil
|
+$6.76M |
| 2 |
Jane Street
New York
|
+$2.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.84M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.7M |
| 5 |
Goldman Sachs
New York
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$34.6M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$24.6M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$11M |
| 4 |
HIG
Herr Investment Group
Austin,
Texas
|
-$5.8M |
| 5 |
BlackRock
New York
|
-$5.36M |
BRFS Hedge Fund Activity: Q4 2023 in Review
88 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in BRF SA (BRFS) for Q4 2023, worth a combined $160M — down 14% from $187M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BRFS positions and 12 closed out — a net gain of 10 holders — while 23 added to existing stakes and 29 trimmed.
The largest buyer was Kapitalo Investimentos, adding an estimated $6.76M. The largest seller was UBS Group, cutting an estimated $34.6M.
- 88 institutional investors held BRF SA (BRFS) as of Q4 2023, up from 78 in Q3 2023.
- Funds reported $160M of BRF SA stock for Q4 2023, down 14% quarter-over-quarter.
- 22 funds opened new BRF SA positions in Q4 2023 and 12 closed out, a net change of +10 holders.
- The largest BRF SA buyer in Q4 2023 was Kapitalo Investimentos, an estimated $6.76M added.
- The largest BRF SA seller in Q4 2023 was UBS Group, an estimated $34.6M sold.
Based on aggregated 13F filings for Q4 2023.