Herbalife
204 hedge funds and large institutions have $5.89B invested in Herbalife in 2017 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 49 increasing their positions, 79 reducing their positions, and 36 closing their positions.
36% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 36
6% more funds holding
Funds holding: 193 → 204 (+11)
12.6% less ownership
Funds ownership: 212.14% → 199.54% (-13%)
13% less capital invested
Capital invested by funds: $6.76B → $5.89B (-$873M)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
38% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 79
57% less call options, than puts
Call options by funds: $725M | Put options by funds: $1.69B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$49.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$21.6M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$21.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$20.8M |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$137M |
| 2 |
Goldman Sachs
New York
|
-$126M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$122M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$108M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$86.6M |
HLF Hedge Fund Activity: Q4 2017 in Review
204 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Herbalife (HLF) for Q4 2017, worth a combined $5.89B — down 13% from $6.76B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new HLF positions and 36 closed out — a net gain of 13 holders — while 49 added to existing stakes and 79 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $49.7M. The largest seller was Bank of America, cutting an estimated $137M.
- 204 institutional investors held Herbalife (HLF) as of Q4 2017, up from 193 in Q3 2017.
- Funds reported $5.89B of Herbalife stock for Q4 2017, down 13% quarter-over-quarter.
- 49 funds opened new Herbalife positions in Q4 2017 and 36 closed out, a net change of +13 holders.
- The largest Herbalife buyer in Q4 2017 was D.E. Shaw & Co, an estimated $49.7M added.
- The largest Herbalife seller in Q4 2017 was Bank of America, an estimated $137M sold.
Based on aggregated 13F filings for Q4 2017.