JBS N.V. JBS
CL A SHS · Common Stock · CUSIP N4732M103
- SectorConsumer staples
- IndustryMeat Packing Plants
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($11.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.92. Options: 16 managers hold calls ($263.0m notional), 9 hold puts ($90.3m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2023 | 1 |
| Q1 2024 | 0 |
| Q2 2024 | 1 |
| Q3 2024 | 0 |
| Q4 2024 | 0 |
| Q1 2025 | 0 |
| Q2 2025 | 169 |
| Q3 2025 | 233 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $0 | $0 | — |
| Q1 2025 | $0 | $0 | — |
| Q2 2025 | $93.6m | $1.1m | 0.01 |
| Q3 2025 | $263.0m | $90.3m | 0.34 |
Biggest buyers
| BlackRock, Inc. | Added | +21.7m |
| Banco BTG Pactual S.A. | New | +9.6m |
| D. E. Shaw & Co., Inc. | Added | +8.6m |
| AMERIPRISE FINANCIAL INC | Added | +6.6m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +3.6m |
| Alberta Investment Management Corp | Added | +2.9m |
| MARSHALL WACE, LLP | Added | +2.7m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +2.5m |
| TWO SIGMA INVESTMENTS, LP | New | +2.3m |
| JANE STREET GROUP, LLC | Added | +2.2m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -6.0m |
| MORGAN STANLEY | Reduced | -3.0m |
| BANK OF AMERICA CORP /DE/ | Reduced | -2.2m |
| Candlestick Capital Management LP | Sold out | -2.0m |
| DENDUR CAPITAL LP | Sold out | -1.9m |
| Verition Fund Management LLC | Reduced | -1.5m |
| Maple Rock Capital Partners Inc. | Reduced | -1.2m |
| Hartree Partners, LP | Reduced | -786.5k |
| Sagil Capital LLP | Sold out | -652.6k |
| Burkehill Global Management, LP | Sold out | -500.0k |
Biggest calls
| GOLDMAN SACHS GROUP INC | Added | $55.1m3.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $53.1m3.6m shares |
| TOMS Capital Investment Management LP | Added | $46.9m3.1m shares |
| GROUP ONE TRADING LLC | Added | $26.6m1.8m shares |
| PEAK6 LLC | New | $25.8m1.7m shares |
| JANE STREET GROUP, LLC | New | $20.1m1.3m shares |
| SIMPLEX TRADING, LLC | Added | $9.7m651.3k shares |
| CITADEL ADVISORS LLC | Added | $6.9m463.9k shares |
| Caption Management, LLC | New | $4.9m325.2k shares |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | New | $3.7m250.0k shares |
Biggest puts
| JANE STREET GROUP, LLC | New | $47.5m3.2m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.3m690.5k shares |
| SIMPLEX TRADING, LLC | Added | $7.7m519.0k shares |
| CITADEL ADVISORS LLC | New | $6.6m440.2k shares |
| GROUP ONE TRADING LLC | Added | $6.0m401.5k shares |
| BANK OF AMERICA CORP /DE/ | Added | $5.0m337.9k shares |
| GOLDMAN SACHS GROUP INC | New | $3.5m234.5k shares |
| MILLENNIUM MANAGEMENT LLC | New | $2.2m150.0k shares |
| WOLVERINE TRADING, LLC | New | $1.5m97.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| J&F S.A. 13G · exempt (held before listing) new · filed 2025-08-14 | 48.3% |
| BNDES Participacoes S.A. 13G · exempt (held before listing) new · filed 2025-08-14 | 24.8% |
| DAVIS SELECTED ADVISERS 13G · institution new · filed 2026-08-12 | 6.5% |
Fell to 5% or below in the last year: Capital Research Global Investors (4.4%, 2026-08-12)
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 23.4m $349.5m | Added +21.7m |
| D. E. Shaw & Co., Inc. 0.12% of their portfolio | 9.7m $145.2m | Added +8.6m |
| Banco BTG Pactual S.A. 20.93% of their portfolio | 9.6m $143.2m | New |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 6.6m $98.3m | Added +6.6m |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 6.0m $89.4m | Added +1.5m |
| STATE STREET CORP 0.00% of their portfolio | 5.8m $86.8m | Added +54.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 5.1m $75.8m | Reduced -6.0m |
| MORGAN STANLEY 0.00% of their portfolio | 4.5m $67.3m | Reduced -3.0m |
| Alberta Investment Management Corp 0.46% of their portfolio | 4.2m $63.2m | Added +2.9m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 4.0m $59.0m | Added +3.6m |
| VAN ECK ASSOCIATES CORP 0.05% of their portfolio | 3.3m $49.4m | Reduced -163.6k |
| MARSHALL WACE, LLP 0.05% of their portfolio | 3.1m $46.1m | Added +2.7m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.1m $45.9m | Added +1.7m |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 2.8m $41.9m | Added +2.5m |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 2.4m $36.3m | Added +2.2m |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 2.3m $34.7m | New |
| Woodline Partners LP 0.16% of their portfolio | 2.3m $33.7m | Added +1.9m |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 2.2m $33.0m | Added +2.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.2m $32.2m | Added +51.8k |
| HRT FINANCIAL LP 0.14% of their portfolio | 2.1m $30.6m | Added +1.7m |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 2.0m $30.5m | Added +2.0m |
| TWO SIGMA ADVISERS, LP 0.06% of their portfolio | 2.0m $29.8m | New |
| Legal & General Group Plc 0.01% of their portfolio | 1.8m $26.7m | Added +453.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.7m $25.9m | Added +912.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.6m $24.6m | Reduced -2.2m |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.6m $23.7m | Added +1.6m |
| OAKTREE CAPITAL MANAGEMENT LP 0.39% of their portfolio | 1.6m $23.6m | Added +1.3m |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 1.6m $23.2m | New |
| Flat Footed LLC 4.64% of their portfolio | 1.5m $22.9m | Added +643.3k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 1.4m $20.5m | Added +1.1m |
| Loews Corp 0.16% of their portfolio | 1.3m $19.9m | Unchanged |
| Ramirez Asset Management, Inc. 2.46% of their portfolio | 1.2m $17.7m | Added +370.2k |
| Jump Financial, LLC 0.20% of their portfolio | 1.1m $15.8m | New |
| Maple Rock Capital Partners Inc. 0.64% of their portfolio | 1.1m $15.8m | Reduced -1.2m |
| Bayberry Capital Partners LP 4.31% of their portfolio | 1.0m $15.0m | Added +139.2k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.0m $15.0m | Added +773.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 992.9k $14.8m | New |
| Verition Fund Management LLC 0.08% of their portfolio | 962.8k $14.4m | Reduced -1.5m |
| CITIGROUP INC 0.01% of their portfolio | 874.6k $13.1m | Added +534.5k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 856.5k $12.8m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 803.8k $12.0m | Added +535.5k |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 777.0k $11.6m | Added +728.2k |
| Cinctive Capital Management LP 0.57% of their portfolio | 759.3k $11.3m | Added +384.6k |
| Hartree Partners, LP 3.82% of their portfolio | 736.4k $11.0m | Reduced -786.5k |
| Nuveen, LLC 0.00% of their portfolio | 691.9k $10.3m | Reduced -84.3k |
| Rivermont Capital Management LP 2.69% of their portfolio | 681.0k $10.2m | Added +204.7k |
| BW Gestao de Investimentos Ltda. 0.75% of their portfolio | 662.0k $9.9m | Added +60.0k |
| Private Advisory Group LLC 0.85% of their portfolio | 650.6k $9.7m | Added +87.0k |
| UBS Group AG 0.00% of their portfolio | 643.4k $9.6m | Added +635.0k |
| Quantbot Technologies LP 0.25% of their portfolio | 618.6k $9.2m | New |
| Cubist Systematic Strategies, LLC 0.11% of their portfolio | 515.3k $7.7m | New |
| COHEN & STEERS, INC. 0.01% of their portfolio | 496.6k $7.4m | Added +173.6k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 0.39% of their portfolio | 480.2k $7.2m | Added +62.5k |
| Quinn Opportunity Partners LLC 0.51% of their portfolio | 470.9k $7.0m | Added +460.9k |
| Amundi 0.00% of their portfolio | 444.7k $6.0m | New |
| Pictet Asset Management Holding SA 0.01% of their portfolio | 421.5k $6.3m | New |
| Carrhae Capital LLP 0.57% of their portfolio | 404.7k $6.0m | New |
| Journey Advisory Group, LLC 0.43% of their portfolio | 388.9k $5.8m | Reduced -4.7k |
| Schonfeld Strategic Advisors LLC 0.04% of their portfolio | 378.1k $5.6m | Added +150.3k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 366.8k $5.5m | Added +293.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 351.5k $5.2m | Reduced -69.9k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 340.6k $5.1m | Added +140.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 337.8k $5.0m | New |
| NewEdge Wealth, LLC 0.06% of their portfolio | 330.2k $4.5m | Added +27.3k |
| MOORE CAPITAL MANAGEMENT, LP 0.10% of their portfolio | 320.0k $4.8m | Reduced -250.5k |
| Aberdeen Group plc 0.01% of their portfolio | 317.6k $4.8m | Added +304.8k |
| SG Americas Securities, LLC 0.02% of their portfolio | 317.0k $4.7m | Reduced -34.9k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 315.7k $5.2m | New |
| Appian Way Asset Management LP 1.01% of their portfolio | 310.7k $4.6m | New |
| Public Sector Pension Investment Board 0.02% of their portfolio | 295.2k $4.4m | Reduced -33.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 293.0k $4.4m | Added +269.5k |
| LEVIN CAPITAL STRATEGIES, L.P. 0.39% of their portfolio | 286.1k $4.3m | Added +141.2k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 279.3k $4.2m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 276.5k $4.1m | Added +1.5k |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 270.3k $4.0m | New |
| MIRABELLA FINANCIAL SERVICES LLP 0.32% of their portfolio | 246.2k $3.7m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 246.0k $3.7m | New |
| Invesco Ltd. 0.00% of their portfolio | 219.0k $3.3m | New |
| SANDERS MORRIS HARRIS LLC 0.38% of their portfolio | 194.8k $2.9m | New |
| CWA Asset Management Group, LLC 0.11% of their portfolio | 192.1k $2.9m | Added +26.4k |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC 0.66% of their portfolio | 185.8k $2.8m | Added +82.7k |
| Man Group plc 0.01% of their portfolio | 183.0k $2.7m | Added +71.2k |
| Aware Super Pty Ltd as trustee of Aware Super 0.04% of their portfolio | 173.3k $2.6m | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.07% of their portfolio | 173.2k $2.6m | Added +95.5k |
| Steadtrust LLC 1.75% of their portfolio | 172.8k $2.6m | Added +2.5k |
| BTG Pactual Asset Management US LLC 0.26% of their portfolio | 146.0k $2.2m | Reduced -194.4k |
| Capital Research Global Investors 0.00% of their portfolio | 145.4k $2.2m | Added +839 |
| SIMPLEX TRADING, LLC 0.05% of their portfolio | 143.0k $2.1m | Added +127.2k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio | 142.4k $2.1m | Reduced -9.2k |
| Engineers Gate Manager LP 0.02% of their portfolio | 141.1k $2.1m | Added +101.5k |
| Dauntless Investment Group, LLC 5.51% of their portfolio | 140.6k $2.1m | Added +83.5k |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 138.7k $2.1m | New |
| Korea Investment CORP 0.00% of their portfolio | 138.4k $2.1m | New |
| APG Asset Management N.V. 0.00% of their portfolio | 134.8k $1.7m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 126.4k $1.9m | Added +33.6k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 111.5k $1.7m | Added +2.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 107.6k $1.6m | New |
| BARCLAYS PLC 0.00% of their portfolio | 105.3k $1.6m | New |
| Creative Planning 0.00% of their portfolio | 105.0k $1.6m | Added +31.1k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 103.7k $1.5m | Reduced -66.3k |