Herbalife
199 hedge funds and large institutions have $677M invested in Herbalife in 2024 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 79 increasing their positions, 46 reducing their positions, and 34 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
72% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 46
35% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 34
6% more funds holding
Funds holding: 187 → 199 (+12)
7.81% less ownership
Funds ownership: 108.17% → 100.36% (-7.8%)
14% less capital invested
Capital invested by funds: $784M → $677M (-$107M)
65% less call options, than puts
Call options by funds: $23M | Put options by funds: $65.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$19.7M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
+$18.4M |
| 3 |
Goldman Sachs
New York
|
+$18.2M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$10.9M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$7.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
-$57.3M |
| 2 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$33.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$32.9M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$24.9M |
| 5 |
Morgan Stanley
New York
|
-$17.2M |
HLF Hedge Fund Activity: Q4 2024 in Review
199 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Herbalife (HLF) for Q4 2024, worth a combined $677M — down 14% from $784M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new HLF positions and 34 closed out — a net gain of 12 holders — while 79 added to existing stakes and 46 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $19.7M. The largest seller was WINDACRE PARTNERSHIP LLC, exiting entirely with an estimated $57.3M sold.
- 199 institutional investors held Herbalife (HLF) as of Q4 2024, up from 187 in Q3 2024.
- Funds reported $677M of Herbalife stock for Q4 2024, down 14% quarter-over-quarter.
- 46 funds opened new Herbalife positions in Q4 2024 and 34 closed out, a net change of +12 holders.
- The largest Herbalife buyer in Q4 2024 was Arrowstreet Capital, an estimated $19.7M added.
- The largest Herbalife seller in Q4 2024 was WINDACRE PARTNERSHIP LLC, an estimated $57.3M sold.
Based on aggregated 13F filings for Q4 2024.