Herbalife
HLF
234 hedge funds and large institutions have $1.37B invested in Herbalife in 2026 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 96 increasing their positions, 72 reducing their positions, and 44 closing their positions.
251% more call options, than puts
Call options by funds: $164M | Put options by funds: $46.8M
33% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 72
1.14% less ownership
Funds ownership: 101.42% → 100.28% (-1.1%)
8% less funds holding
Funds holding: 253 → 234 (-19)
11% less capital invested
Capital invested by funds: $1.54B → $1.37B (-$177M)
27% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 44
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Solel Partners
Boston,
Massachusetts
|
+$13.6M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$11.5M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$10.3M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$7.67M |
| 5 |
BlackRock
New York
|
+$7.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.8M |
| 2 |
Goldman Sachs
New York
|
-$18.6M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$15.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.8M |
| 5 |
BCM
Bronte Capital Management
Bondi Junction,
Australia
|
-$8.5M |
HLF Hedge Fund Activity: Q2 2026 in Review
234 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Herbalife (HLF) for Q2 2026, worth a combined $1.37B — down 11% from $1.54B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of HLF and 32 opened new positions — a net loss of 12 holders — while 72 trimmed existing stakes and 96 added.
The largest buyer was Solel Partners, adding an estimated $13.6M. The largest seller was Fidelity Investments, cutting an estimated $37.8M.
- 234 institutional investors held Herbalife (HLF) as of Q2 2026, down from 253 in Q1 2026.
- Funds reported $1.37B of Herbalife stock for Q2 2026, down 11% quarter-over-quarter.
- 32 funds opened new Herbalife positions in Q2 2026 and 44 closed out, a net change of -12 holders.
- The largest Herbalife buyer in Q2 2026 was Solel Partners, an estimated $13.6M added.
- The largest Herbalife seller in Q2 2026 was Fidelity Investments, an estimated $37.8M sold.
Based on aggregated 13F filings for Q2 2026.