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Herbalife

288 hedge funds and large institutions have $6.35B invested in Herbalife in 2014 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 74 increasing their positions, 158 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more funds holding in top 10

Funds holding in top 10: 1011 (+1)

4% less capital invested

Capital invested by funds: $6.62B → $6.35B (-$274M)

6% less funds holding

Funds holding: 308288 (-20)

20.63% less ownership

Funds ownership: 221.14%200.51% (-21%)

39% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 46

47% less call options, than puts

Call options by funds: $780M | Put options by funds: $1.48B

53% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 158

Holders
288
Holders Change
-20
Holders Change %
-6.49%
% of All Funds
8.28%
Holding in Top 10
11
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+10%
% of All Funds
0.32%
New
28
Increased
74
Reduced
158
Closed
46
Calls
$780M
Puts
$1.48B
Net Calls
-$703M
Net Calls Change
+$33.3M
Name Holding Trade Value Shares
Change
Change in
Stake
IC
1
Icahn Carl
Florida
$1.1B
Fidelity Investments
2
Fidelity Investments
Massachusetts
$693M -$42.1M -1,372,342 -6%
Capital World Investors
3
Capital World Investors
California
$543M +$56.1M +1,830,000 +12%
Vanguard Group
4
Vanguard Group
Pennsylvania
$333M +$22.4M +732,062 +8%
SFM
5
Soros Fund Management
New York
$306M -$10.1M -330,000 -3%
PC
6
Perry Capital
New York
$258M -$49.1M -1,600,000 -17%
Capital Research Global Investors
7
Capital Research Global Investors
California
$230M +$218M +7,120,670 New
RP
8
RR Partners
New York
$206M
BIT
9
BlackRock Institutional Trust
California
$132M -$20.7M -674,784 -14%
CS
10
Credit Suisse
Switzerland
$130M +$9.76M +318,468 +9%
Norges Bank
11
Norges Bank
Norway
$119M +$56.3M +1,836,666 +100%
Morgan Stanley
12
Morgan Stanley
New York
$115M -$24.6M -801,788 -18%
State Street
13
State Street
Massachusetts
$115M -$4.02M -131,242 -4%
AL
14
AJO LP
Pennsylvania
$107M -$17.5M -570,020 -15%
HCM
15
Huber Capital Management
California
$85.4M -$8.34M -271,994 -9%
Jennison Associates
16
Jennison Associates
New York
$84.9M -$37.6M -1,225,318 -32%
UOC
17
UBS O'Connor
Illinois
$75.3M +$18.8M +613,124 +36%
KI
18
Kalmar Investments
Delaware
$72M +$989K +32,250 +1%
JP Morgan Chase
19
JP Morgan Chase
New York
$68.7M +$12.8M +418,382 +24%
Deutsche Bank
20
Deutsche Bank
Germany
$64.8M +$32.6M +1,064,262 +113%
Goldman Sachs
21
Goldman Sachs
New York
$57.7M +$26.2M +854,704 +91%
TCIM
22
TIAA CREF Investment Management
New York
$55.1M -$10.6M -346,680 -17%
WA
23
Wasatch Advisors
Utah
$48.4M -$3.72M -121,338 -7%
JCM
24
JGE Capital Management
California
$41.5M +$6.13M +200,000 +18%
Ameriprise
25
Ameriprise
Minnesota
$40.2M -$6.51M -212,482 -15%

HLF Hedge Fund Activity: Q2 2014 in Review

288 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Herbalife (HLF) for Q2 2014, worth a combined $6.35B — down 4.1% from $6.62B a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of HLF and 28 opened new positions — a net loss of 18 holders — while 158 trimmed existing stakes and 74 added.

The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $218M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $523M.

  • 288 institutional investors held Herbalife (HLF) as of Q2 2014, down from 308 in Q1 2014.
  • Funds reported $6.35B of Herbalife stock for Q2 2014, down 4.1% quarter-over-quarter.
  • 28 funds opened new Herbalife positions in Q2 2014 and 46 closed out, a net change of -18 holders.
  • The largest Herbalife buyer in Q2 2014 was Capital Research Global Investors, an estimated $218M added.
  • The largest Herbalife seller in Q2 2014 was BNP Paribas Financial Markets, an estimated $523M sold.

Based on aggregated 13F filings for Q2 2014.