BRF SA
BRFS
BRFS was delisted on the 22nd of September, 2025.
115 hedge funds and large institutions have $217M invested in BRF SA in 2025 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 45 increasing their positions, 32 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
41% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 32
4% more funds holding
Funds holding: 111 → 115 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.72% less ownership
Funds ownership: 4.16% → 3.44% (-0.72%)
3% less call options, than puts
Call options by funds: $146K | Put options by funds: $150K
8% less capital invested
Capital invested by funds: $235M → $217M (-$18.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10.1M |
| 2 |
Morgan Stanley
New York
|
+$4.47M |
| 3 |
Renaissance Technologies
New York
|
+$1.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$848K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$803K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$15.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$11.2M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$5.43M |
| 4 |
Goldman Sachs
New York
|
-$5.23M |
| 5 |
BlackRock
New York
|
-$4.95M |
BRFS Hedge Fund Activity: Q2 2025 in Review
115 of the 7,612 institutional investors tracked by Wall St. Rank reported a position in BRF SA (BRFS) for Q2 2025, worth a combined $217M — down 7.9% from $235M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BRFS positions and 14 closed out — a net gain of 7 holders — while 45 added to existing stakes and 32 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $10.1M. The largest seller was Millennium Management, cutting an estimated $15.7M.
- 115 institutional investors held BRF SA (BRFS) as of Q2 2025, up from 111 in Q1 2025.
- Funds reported $217M of BRF SA stock for Q2 2025, down 7.9% quarter-over-quarter.
- 21 funds opened new BRF SA positions in Q2 2025 and 14 closed out, a net change of +7 holders.
- The largest BRF SA buyer in Q2 2025 was Arrowstreet Capital, an estimated $10.1M added.
- The largest BRF SA seller in Q2 2025 was Millennium Management, an estimated $15.7M sold.
Based on aggregated 13F filings for Q2 2025.