Baupost Group’s Herbalife HLF Stock Holding History

Baupost Group’s Portfolio HLF Stock Details HLF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$136M	Hold	9,259,844	–	–	2.66%	15
2025 Q4	$119M	Buy	9,259,844 +1,500,000	+19%	+$15.9M	2.26%	16
2025 Q3	$65.5M	Hold	7,759,844	–	–	1.37%	16
2025 Q2	$66.9M	Buy	7,759,844 +159,318	+2%	+$1.18M	1.62%	16
2025 Q1	$65.6M	Hold	7,600,526	–	–	1.88%	16
2024 Q4	$50.8M	Buy	7,600,526 +2,476,000	+48%	+$18.4M	1.48%	17
2024 Q3	$36.8M	Hold	5,124,526	–	–	1.05%	16
2024 Q2	$53.2M	Buy	5,124,526 +2,879,603	+128%	+$28.8M	1.47%	18
2024 Q1	$22.6M	Buy	2,244,923 +565,124	+34%	+$6.08M	0.62%	18
2023 Q4	$25.6M	Sell	1,679,799 -13,546	-0.8%	-$187K	0.56%	21
2023 Q3	$23.7M	Sell	1,693,345 -260,855	-13%	-$3.94M	0.45%	27
2023 Q2	$25.9M	Hold	1,954,200	–	–	0.46%	23
2023 Q1	$31.5M	Sell	1,954,200 -45,800	-2%	-$810K	0.54%	20
2022 Q4	$29.8M	Buy	+2,000,000	New	+$34.8M	0.49%	23

Other funds holding HLF

ROIC

Route One Investment Company San Francisco, California $2.35B AUM 11.7% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Baupost Group's HLF Position: Q1 2026 in Review

Baupost Group held its Herbalife (HLF) position steady in Q1 2026 at 9,259,844 shares worth $136M. The position accounts for 2.66% of the portfolio, ranked #15.

Baupost Group first reported a position in HLF in Q4 2022 and has held it in 14 quarters since. 252 funds tracked by Wall St. Rank hold HLF as of Q1 2026.

Baupost Group held 9,259,844 shares of Herbalife worth $136M as of Q1 2026.
Baupost Group left its Herbalife share count unchanged in Q1 2026.
Herbalife made up 2.66% of Baupost Group's portfolio in Q1 2026, its #15 holding.
Baupost Group first reported a position in Herbalife in Q4 2022 and has held it in 14 quarters since.
252 funds tracked by Wall St. Rank held Herbalife as of Q1 2026.

Based on Baupost Group's 13F filing for Q1 2026, filed 14 May 2026.