Herbalife
195 hedge funds and large institutions have $3.69B invested in Herbalife in 2020 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 69 increasing their positions, 60 reducing their positions, and 47 closing their positions.
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
15% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 60
0.66% more ownership
Funds ownership: 85.11% → 85.77% (+0.66%)
9% less funds holding
Funds holding: 215 → 195 (-20)
11% less call options, than puts
Call options by funds: $72.5M | Put options by funds: $82M
30% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 47
38% less capital invested
Capital invested by funds: $5.97B → $3.69B (-$2.27B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DVI
Deccan Value Investors
Greenwich,
Connecticut
|
+$80.6M |
| 2 |
ROIC
Route One Investment Company
San Francisco,
California
|
+$61.8M |
| 3 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
+$46M |
| 4 |
Renaissance Technologies
New York
|
+$41.7M |
| 5 |
BCM
Bronte Capital Management
Bondi Junction,
Australia
|
+$29.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$186M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$71.4M |
| 3 |
D.E. Shaw & Co
New York
|
-$61.6M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$38.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$18.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$222K | -4,661 | Closed |
|
227
CIBC World Market
Toronto,
Ontario, Canada
| – | -$220K | -4,607 | Closed |
|
|
CFW
228
CA Family Wealth
Beverly Hills,
California
| – | -$210K | -4,404 | Closed |
|
|
VHAM
229
Van Hulzen Asset Management
El Dorado Hills,
California
| – | -$205K | -4,304 | Closed |
|
230
SG Americas Securities
New York
| – | -$171K | -3,578 | Closed |
|
|
HFM
231
Harvest Fund Management
Beijing,
China
| – | -$54K | -2,092 | Closed |
|
|
S
232
Seeyond
Paris,
France
| – | -$75K | -1,575 | Closed |
|
|
QT
233
Quantbot Technologies
New York
| – | -$38K | -802 | Closed |
|
|
BFEC
234
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$10K | -200 | Closed |
|
|
CFGS
235
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$1K | -27 | Closed |
|
|
FRA
236
Front Row Advisors
Tiburon,
California
| – | -$1K | -23 | Closed |
|
HLF Hedge Fund Activity: Q1 2020 in Review
195 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Herbalife (HLF) for Q1 2020, worth a combined $3.69B — down 38% from $5.97B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of HLF and 33 opened new positions — a net loss of 14 holders — while 60 trimmed existing stakes and 69 added.
The largest buyer was Deccan Value Investors, adding an estimated $80.6M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $186M sold.
- 195 institutional investors held Herbalife (HLF) as of Q1 2020, down from 215 in Q4 2019.
- Funds reported $3.69B of Herbalife stock for Q1 2020, down 38% quarter-over-quarter.
- 33 funds opened new Herbalife positions in Q1 2020 and 47 closed out, a net change of -14 holders.
- The largest Herbalife buyer in Q1 2020 was Deccan Value Investors, an estimated $80.6M added.
- The largest Herbalife seller in Q1 2020 was Lone Pine Capital, an estimated $186M sold.
Based on aggregated 13F filings for Q1 2020.