Marfrig Global Foods Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of MBRF3?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	129,009,963	13.4%
Institutions	319,979,631	33.2%
Private Companies	514,115,344	53.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 117.22% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
63.4%	MMS Participações S.A.	514,215,020	R$9.4b	2.98%	no data
19.6%	Banco Citibank S.A.	158,839,712	R$2.9b	0%	100.0%
9.88%	BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários	80,181,490	R$1.5b	46,600%	4.01%
8.56%	Márcia Aparecida Pascoal dos Santos	69,482,984	R$1.3b	17%	no data
7.33%	Marcos Antonio dos Santos	59,526,979	R$1.1b	0%	no data
2.08%	Kapitalo Investimentos Ltda.	16,859,523	R$306.8m	0%	10.29%
1.31%	The Vanguard Group, Inc.	10,619,363	R$193.3m	0.47%	no data
1.22%	BlackRock, Inc.	9,893,876	R$180.1m	-3.52%	no data
0.63%	Mirae Asset Global Investments Co., Ltd.	5,127,550	R$93.3m	4.9%	0.01%
0.49%	Spinelli S.A. Corretora de Valores Mobiliários e Câmbio (Asset Management)	4,000,000	R$72.8m	0%	46.21%
0.42%	Dimensional Fund Advisors LP	3,430,696	R$62.4m	0.09%	no data
0.32%	KP Gestão de Recursos LTDA	2,562,560	R$46.6m	0%	69.06%
0.29%	Charles Schwab Investment Management, Inc.	2,325,196	R$42.3m	0.19%	no data
0.2%	Constancia Investimentos Ltda	1,632,000	R$29.7m	0%	1.82%
0.18%	BB Gestão de Recursos - Distribuidora de Títulos e Valores Mobiliários S.A.	1,479,112	R$26.9m	0%	0.11%
0.18%	Itaú Unibanco Holding S.A.	1,456,559	R$26.5m	0%	0.1%
0.16%	American Century Investment Management Inc	1,316,618	R$24.0m	0.01%	no data
0.16%	Caixa Econômica Federal	1,277,987	R$23.3m	0%	0.05%
0.16%	Boston Partners Global Investors, Inc.	1,275,200	R$23.2m	0%	no data
0.15%	ARX Investimentos Ltda	1,227,567	R$22.3m	0%	2.74%
0.15%	Pacific Investment Management Company LLC	1,201,200	R$21.9m	91.6%	0.01%
0.12%	State Street Global Advisors, Inc.	954,670	R$17.4m	1.87%	no data
0.12%	Morgan Stanley Administradora de Carteiras S.A.	948,688	R$17.3m	0%	0.31%
0.11%	Zeitgeist Tech Investimentos LTDA	862,300	R$15.7m	0%	32.09%
0.11%	Franklin Resources, Inc.	855,083	R$15.6m	2.17%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/06 18:59
End of Day Share Price	2025/10/03 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Marfrig Global Foods S.A. is covered by 33 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Benjamin Theurer	Barclays
Benjamin Theurer	Barclays
Gabriel Vaz de Lima	Barclays