Herbalife
197 hedge funds and large institutions have $1.7B invested in Herbalife in 2023 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 75 increasing their positions, 73 reducing their positions, and 23 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
17% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 23
15% more capital invested
Capital invested by funds: $1.47B → $1.7B (+$228M)
6.12% more ownership
Funds ownership: 106.2% → 112.32% (+6.1%)
10% more call options, than puts
Call options by funds: $165M | Put options by funds: $150M
3% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 73
0% more funds holding
Funds holding: 197 → 197 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$86.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$24.6M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$11.2M |
| 4 |
Goldman Sachs
New York
|
+$11.1M |
| 5 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$6.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.9M |
| 2 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$11.7M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$8.7M |
| 4 |
ACM
Alua Capital Management
New York
|
-$8.52M |
| 5 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$7.39M |
HLF Hedge Fund Activity: Q4 2023 in Review
197 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Herbalife (HLF) for Q4 2023, worth a combined $1.7B — up 15% from $1.47B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new HLF positions and 23 closed out — a net gain of 4 holders — while 75 added to existing stakes and 73 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $86.5M. The largest seller was Fidelity Investments, cutting an estimated $11.9M.
- 197 institutional investors held Herbalife (HLF) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $1.7B of Herbalife stock for Q4 2023, up 15% quarter-over-quarter.
- 27 funds opened new Herbalife positions in Q4 2023 and 23 closed out, a net change of +4 holders.
- The largest Herbalife buyer in Q4 2023 was Morgan Stanley, an estimated $86.5M added.
- The largest Herbalife seller in Q4 2023 was Fidelity Investments, an estimated $11.9M sold.
Based on aggregated 13F filings for Q4 2023.