Who owns BRF
Which tracked institutional funds hold BRF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BRF company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-21). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on BRF is one-sided between 2026-Q1 and 2026-Q2: 3 added or opened and 1 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BRF’s largest tracked holder by dollar value, Envision Financial Transparency, LLC, sizes it at 3.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BRF divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 17 tracked filers holding BRF, 9 increased or opened the position and 4 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BRF between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 1
- Envision Financial Transparency, LLC$5M
Full exits 1
- LPL Financial LLC$728K
Largest adds
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$669K
- OLD MISSION CAPITAL LLC$306K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Envision Financial Transparency, LLC new | 165,547 | $5M | 53.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 62,833 | $1M | 12.0% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 40,101 | $659K | 7.7% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 29,411 | $483K | 5.6% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 25,804 | $424K | 4.9% | 2026-Q2 |
| GOULD ASSET MANAGEMENT LLC /CA/ | 22,125 | $364K | 4.2% | 2026-Q2 |
| BROWN ADVISORY INC | 12,000 | $197K | 2.3% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL | 1,203 | $20K | 0.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 921 | $15K | 0.2% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC new | 900 | $15K | 0.2% | 2026-Q2 |
| Atlantic Union Bankshares Corp | 831 | $14K | 0.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 779 | $13K | 0.1% | 2026-Q2 |
| SBI Securities Co., Ltd. trimmed | 680 | $11K | 0.1% | 2026-Q2 |
| SIMPLEX TRADING, LLC new | 205 | $3K | 0.0% | 2026-Q2 |
| MARSHALL INVESTMENT MANAGEMENT, LLC | 168 | $3K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 125 | $2K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc | 100 | $2K | 0.0% | 2026-Q2 |
| LPL Financial LLC trimmed | 39,771 | $728K | 8.5% | 2026-Q1 stale (1 quarter behind) |
| UBS Group AG trimmed | 28 | $512 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CIBC Private Wealth Group LLC | 100 | $2K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Wealthspire Advisors, LLC new | 1,675 | $27K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| Raleigh Capital Management Inc. new | 175 | $3K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Spire Wealth Management | 54 | $832 | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.