BRF SA
BRFS
BRFS was delisted on the 22nd of September, 2025.
111 hedge funds and large institutions have $235M invested in BRF SA in 2025 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 31 increasing their positions, 46 reducing their positions, and 23 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.15% less ownership
Funds ownership: 4.31% → 4.16% (-0.15%)
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
3% less funds holding
Funds holding: 115 → 111 (-4)
19% less capital invested
Capital invested by funds: $290M → $235M (-$54.4M)
23% less call options, than puts
Call options by funds: $212K | Put options by funds: $274K
33% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.16M |
| 2 |
Goldman Sachs
New York
|
+$3.41M |
| 3 |
KI
Kapitalo Investimentos
Sao Paulo,
Brazil
|
+$3.21M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.62M |
| 5 |
Renaissance Technologies
New York
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$6.02M |
| 2 |
D.E. Shaw & Co
New York
|
-$4.27M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.19M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.78M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.54M |
BRFS Hedge Fund Activity: Q1 2025 in Review
111 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in BRF SA (BRFS) for Q1 2025, worth a combined $235M — down 19% from $290M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BRFS and 22 opened new positions — a net loss of 1 holder — while 46 trimmed existing stakes and 31 added.
The largest buyer was Millennium Management, adding an estimated $4.16M. The largest seller was Marshall Wace, cutting an estimated $6.02M.
- 111 institutional investors held BRF SA (BRFS) as of Q1 2025, down from 115 in Q4 2024.
- Funds reported $235M of BRF SA stock for Q1 2025, down 19% quarter-over-quarter.
- 22 funds opened new BRF SA positions in Q1 2025 and 23 closed out, a net change of -1 holder.
- The largest BRF SA buyer in Q1 2025 was Millennium Management, an estimated $4.16M added.
- The largest BRF SA seller in Q1 2025 was Marshall Wace, an estimated $6.02M sold.
Based on aggregated 13F filings for Q1 2025.