Nantahala Capital Management’s Herbalife HLF Stock Holding History

Nantahala Capital Management’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	$82.4M	Sell	5,600,000 -2,200,000	-28%	-$35.9M	3.03%	2
2025 Q4	$101M	Buy	7,800,000 +1,000,000	+15%	+$10.6M	3.32%	3
2025 Q3	$57.4M	Buy	6,800,000 +500,000	+8%	+$4.72M	1.99%	9
2025 Q2	$54.3M	Buy	6,300,000 +500,000	+9%	+$3.71M	2.13%	7
2025 Q1	$50.1M	Buy	5,800,000 +5,000,000	+625%	+$35.6M	1.99%	8
2024 Q4	$5.35M	Hold	800,000	–	–	0.23%	75
2024 Q3	$5.75M	Hold	800,000	–	–	0.29%	66
2024 Q2	$8.31M	Buy	800,000 +300,000	+60%	+$3M	0.49%	43
2024 Q1	$5.03M	Sell	500,000 -100,000	-17%	-$1.08M	0.29%	62
2023 Q4	$9.16M	Hold	600,000	–	–	0.55%	40
2023 Q3	$8.39M	Hold	600,000	–	–	0.72%	33
2023 Q2	$7.94M	Hold	600,000	–	–	0.77%	31
2023 Q1	$9.66M	Sell	600,000 -267,700	-31%	-$4.73M	0.74%	31
2022 Q4	$12.9M	Hold	867,700	–	–	0.84%	30
2022 Q3	$17.3M	Hold	867,700	–	–	1.12%	28
2022 Q2	$17.7M	Buy	867,700 +600,000	+224%	+$14.8M	0.89%	32
2022 Q1	$8.13M	Sell	267,700 -10,300	-4%	-$403K	0.36%	51
2021 Q4	$11.4M	Hold	278,000	–	–	0.4%	51
2021 Q3	$11.8M	Hold	278,000	–	–	0.37%	58
2021 Q2	$14.7M	Buy	+278,000	New	+$13.8M	0.42%	54

Other funds holding HLF

Baupost Group Boston, Massachusetts $5.12B AUM 15.99% 1-Year Est. Return

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 $55.1B AUM 45.38% 1-Year Est. Return

Nantahala Capital Management's HLF Position: Q1 2026 in Review

Nantahala Capital Management increased its Herbalife (HLF) stake by 54% in Q1 2026, buying an estimated $7.71M and bringing the position to 1,353,653 shares worth $19.9M. The position accounts for 0.73% of the portfolio, ranked #37.

Nantahala Capital Management first reported a position in HLF in Q1 2025 and has held it in 5 quarters since. 252 funds tracked by Wall St. Rank hold HLF as of Q1 2026.

Nantahala Capital Management held 1,353,653 shares of Herbalife worth $19.9M as of Q1 2026.
Nantahala Capital Management bought 471,796 Herbalife shares in Q1 2026, an estimated $7.71M.
Herbalife made up 0.73% of Nantahala Capital Management's portfolio in Q1 2026, its #37 holding.
Nantahala Capital Management first reported a position in Herbalife in Q1 2025 and has held it in 5 quarters since.
252 funds tracked by Wall St. Rank held Herbalife as of Q1 2026.

Based on Nantahala Capital Management's 13F filing for Q1 2026, filed 15 May 2026.