Herbalife
223 hedge funds and large institutions have $7.46B invested in Herbalife in 2018 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 66 increasing their positions, 89 reducing their positions, and 25 closing their positions.
80% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 25
8% more funds holding
Funds holding: 206 → 223 (+17)
4% less capital invested
Capital invested by funds: $7.79B → $7.46B (-$335M)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
26% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 89
62% less call options, than puts
Call options by funds: $256M | Put options by funds: $681M
109.92% less ownership
Funds ownership: 194.13% → 84.22% (-110%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$154M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$94M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$59.8M |
| 4 |
Millennium Management
New York
|
+$49.2M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$553M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$306M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$294M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$105M |
| 5 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$93.8M |
HLF Hedge Fund Activity: Q2 2018 in Review
223 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Herbalife (HLF) for Q2 2018, worth a combined $7.46B — down 4.3% from $7.79B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new HLF positions and 25 closed out — a net gain of 20 holders — while 66 added to existing stakes and 89 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $154M. The largest seller was Icahn Carl, cutting an estimated $553M.
- 223 institutional investors held Herbalife (HLF) as of Q2 2018, up from 206 in Q1 2018.
- Funds reported $7.46B of Herbalife stock for Q2 2018, down 4.3% quarter-over-quarter.
- 45 funds opened new Herbalife positions in Q2 2018 and 25 closed out, a net change of +20 holders.
- The largest Herbalife buyer in Q2 2018 was Renaissance Technologies, an estimated $154M added.
- The largest Herbalife seller in Q2 2018 was Icahn Carl, an estimated $553M sold.
Based on aggregated 13F filings for Q2 2018.