Herbalife
215 hedge funds and large institutions have $5.97B invested in Herbalife in 2019 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 54 increasing their positions, 83 reducing their positions, and 21 closing their positions.
119% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 21
23% more capital invested
Capital invested by funds: $4.84B → $5.97B (+$1.12B)
10% more funds holding
Funds holding: 196 → 215 (+19)
0.4% more ownership
Funds ownership: 84.7% → 85.11% (+0.4%)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
35% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 83
53% less call options, than puts
Call options by funds: $90.4M | Put options by funds: $191M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$77.6M |
| 2 |
Millennium Management
New York
|
+$25.4M |
| 3 |
Renaissance Technologies
New York
|
+$19M |
| 4 |
Barclays
London,
United Kingdom
|
+$16.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$65.5M |
| 2 |
DVI
Deccan Value Investors
Greenwich,
Connecticut
|
-$59.6M |
| 3 |
D.E. Shaw & Co
New York
|
-$45.5M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$33.9M |
| 5 |
BlackRock
New York
|
-$18.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3K | -79 | Closed |
|
|
WWM
227
Willingdon Wealth Management
Huntersville,
North Carolina
| – | -$1K | -14 | Closed |
|
228
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$173 | -4 | -50% |
|
|
GWS
229
Glassman Wealth Services
Vienna,
Virginia
| – | +$87 | +2 | New |
|
230
Rockefeller Capital Management
New York
| – | +$130 | +3 | New |
|
|
OPS
231
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$346 | +8 | New |
|
HLF Hedge Fund Activity: Q4 2019 in Review
215 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Herbalife (HLF) for Q4 2019, worth a combined $5.97B — up 23% from $4.84B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new HLF positions and 21 closed out — a net gain of 25 holders — while 54 added to existing stakes and 83 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $77.6M. The largest seller was Route One Investment Company, cutting an estimated $65.5M.
- 215 institutional investors held Herbalife (HLF) as of Q4 2019, up from 196 in Q3 2019.
- Funds reported $5.97B of Herbalife stock for Q4 2019, up 23% quarter-over-quarter.
- 46 funds opened new Herbalife positions in Q4 2019 and 21 closed out, a net change of +25 holders.
- The largest Herbalife buyer in Q4 2019 was Lone Pine Capital, an estimated $77.6M added.
- The largest Herbalife seller in Q4 2019 was Route One Investment Company, an estimated $65.5M sold.
Based on aggregated 13F filings for Q4 2019.