Herbalife
185 hedge funds and large institutions have $1.08B invested in Herbalife in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 65 increasing their positions, 66 reducing their positions, and 41 closing their positions.
22% more call options, than puts
Call options by funds: $87.8M | Put options by funds: $72.2M
2% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 66
4.92% less ownership
Funds ownership: 112.32% → 107.4% (-4.9%)
6% less funds holding
Funds holding: 197 → 185 (-12)
29% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 41
36% less capital invested
Capital invested by funds: $1.7B → $1.08B (-$619M)
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$26.2M |
| 2 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
+$20.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$17.2M |
| 4 |
State Street
Boston,
Massachusetts
|
+$14.2M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$65M |
| 2 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$18.1M |
| 3 |
ACM
Alua Capital Management
New York
|
-$14.1M |
| 4 |
JP Morgan Chase
New York
|
-$8.99M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$8.33M |
HLF Hedge Fund Activity: Q1 2024 in Review
185 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Herbalife (HLF) for Q1 2024, worth a combined $1.08B — down 36% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of HLF and 29 opened new positions — a net loss of 12 holders — while 66 trimmed existing stakes and 65 added.
The largest buyer was Bank of Montreal, adding an estimated $26.2M. The largest seller was Morgan Stanley, cutting an estimated $65M.
- 185 institutional investors held Herbalife (HLF) as of Q1 2024, down from 197 in Q4 2023.
- Funds reported $1.08B of Herbalife stock for Q1 2024, down 36% quarter-over-quarter.
- 29 funds opened new Herbalife positions in Q1 2024 and 41 closed out, a net change of -12 holders.
- The largest Herbalife buyer in Q1 2024 was Bank of Montreal, an estimated $26.2M added.
- The largest Herbalife seller in Q1 2024 was Morgan Stanley, an estimated $65M sold.
Based on aggregated 13F filings for Q1 2024.