Herbalife
HLF
308 hedge funds and large institutions have $6.68B invested in Herbalife in 2014 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 108 increasing their positions, 117 reducing their positions, and 69 closing their positions.
23.49% more ownership
Funds ownership: 197.65% → 221.14% (+23%)
8% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 117
6% less funds holding
Funds holding: 328 → 308 (-20)
12% less capital invested
Capital invested by funds: $7.62B → $6.68B (-$942M)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
22% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 69
49% less call options, than puts
Call options by funds: $777M | Put options by funds: $1.51B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$563M |
| 2 |
PC
Perry Capital
New York
|
+$119M |
| 3 |
SFM
Soros Fund Management
New York
|
+$112M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$111M |
| 5 |
Jennison Associates
New York
|
+$59.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hoplite Capital Management
New York
|
-$79.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$75.3M |
| 3 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
-$69.4M |
| 4 |
AA
Antipodean Advisors
New York
|
-$68.5M |
| 5 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$64.6M |
HLF Hedge Fund Activity: Q1 2014 in Review
308 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Herbalife (HLF) for Q1 2014, worth a combined $6.68B — down 12% from $7.62B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of HLF and 54 opened new positions — a net loss of 15 holders — while 117 trimmed existing stakes and 108 added.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $563M. The largest seller was Hoplite Capital Management, exiting entirely with an estimated $79.1M sold.
- 308 institutional investors held Herbalife (HLF) as of Q1 2014, down from 328 in Q4 2013.
- Funds reported $6.68B of Herbalife stock for Q1 2014, down 12% quarter-over-quarter.
- 54 funds opened new Herbalife positions in Q1 2014 and 69 closed out, a net change of -15 holders.
- The largest Herbalife buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $563M added.
- The largest Herbalife seller in Q1 2014 was Hoplite Capital Management, an estimated $79.1M sold.
Based on aggregated 13F filings for Q1 2014.