Herbalife
HLF
303 hedge funds and large institutions have $7.04B invested in Herbalife in 2013 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 62 increasing their positions, 159 reducing their positions, and 29 closing their positions.
86% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 29
43% more capital invested
Capital invested by funds: $4.91B → $7.04B (+$2.13B)
8% more funds holding
Funds holding: 280 → 303 (+23)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
15.52% less ownership
Funds ownership: 211.46% → 195.94% (-16%)
25% less call options, than puts
Call options by funds: $965M | Put options by funds: $1.28B
61% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 159
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Perry Capital
New York
|
+$163M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$135M |
| 3 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
+$91.7M |
| 4 |
SCM
Scout Capital Management
New York
|
+$55.7M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$49.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$307M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$154M |
| 3 |
TCM
Tiger Consumer Management
New York
|
-$83.6M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$58.3M |
| 5 |
D.E. Shaw & Co
New York
|
-$50.3M |
HLF Hedge Fund Activity: Q3 2013 in Review
303 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Herbalife (HLF) for Q3 2013, worth a combined $7.04B — up 43% from $4.91B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new HLF positions and 29 closed out — a net gain of 25 holders — while 62 added to existing stakes and 159 trimmed.
The largest buyer was Perry Capital, opening a new position worth an estimated $163M. The largest seller was Morgan Stanley, cutting an estimated $307M.
- 303 institutional investors held Herbalife (HLF) as of Q3 2013, up from 280 in Q2 2013.
- Funds reported $7.04B of Herbalife stock for Q3 2013, up 43% quarter-over-quarter.
- 54 funds opened new Herbalife positions in Q3 2013 and 29 closed out, a net change of +25 holders.
- The largest Herbalife buyer in Q3 2013 was Perry Capital, an estimated $163M added.
- The largest Herbalife seller in Q3 2013 was Morgan Stanley, an estimated $307M sold.
Based on aggregated 13F filings for Q3 2013.