Herbalife
253 hedge funds and large institutions have $1.54B invested in Herbalife in 2026 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 84 increasing their positions, 74 reducing their positions, and 32 closing their positions.
171% more call options, than puts
Call options by funds: $135M | Put options by funds: $49.7M
78% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 32
16% more capital invested
Capital invested by funds: $1.33B → $1.54B (+$209M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
14% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 74
10% more funds holding
Funds holding: 231 → 253 (+22)
1.17% more ownership
Funds ownership: 100.25% → 101.42% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.5M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
+$16.8M |
| 3 |
Goldman Sachs
New York
|
+$11.2M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$10.7M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$13M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$11.1M |
| 3 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
-$9.81M |
| 4 |
Citigroup
New York
|
-$8.37M |
| 5 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$6.15M |
HLF Hedge Fund Activity: Q1 2026 in Review
253 of the 8,190 institutional investors tracked by Wall St. Rank reported a position in Herbalife (HLF) for Q1 2026, worth a combined $1.54B — up 16% from $1.33B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new HLF positions and 32 closed out — a net gain of 25 holders — while 84 added to existing stakes and 74 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $23.5M. The largest seller was Susquehanna International Group, cutting an estimated $13M.
- 253 institutional investors held Herbalife (HLF) as of Q1 2026, up from 231 in Q4 2025.
- Funds reported $1.54B of Herbalife stock for Q1 2026, up 16% quarter-over-quarter.
- 57 funds opened new Herbalife positions in Q1 2026 and 32 closed out, a net change of +25 holders.
- The largest Herbalife buyer in Q1 2026 was Fidelity Investments, an estimated $23.5M added.
- The largest Herbalife seller in Q1 2026 was Susquehanna International Group, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2026.