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Hormel Foods

626 hedge funds and large institutions have $8.66B invested in Hormel Foods in 2023 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 227 increasing their positions, 238 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

0.19% less ownership

Funds ownership: 41.69%41.5% (-0.19%)

5% less repeat investments, than reductions

Existing positions increased: 227 | Existing positions reduced: 238

3% less funds holding

Funds holding: 646626 (-20)

5% less capital invested

Capital invested by funds: $9.16B → $8.66B (-$497M)

18% less call options, than puts

Call options by funds: $60.3M | Put options by funds: $73.9M

20% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 64

Holders
626
Holders Change
-20
Holders Change %
-3.1%
% of All Funds
9.93%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.11%
New
51
Increased
227
Reduced
238
Closed
64
Calls
$60.3M
Puts
$73.9M
Net Calls
-$13.6M
Net Calls Change
-$18.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Adage Capital Partners
151
Adage Capital Partners
Massachusetts
$4.05M +$1.04M +26,500 +33%
MSFP
152
Mark Sheptoff Financial Planning
Connecticut
$4.03M -$78.8K -2,000 -2%
Franklin Resources
153
Franklin Resources
California
$3.97M +$136K +3,444 +3%
AIS
154
AM Investment Strategies
Tennessee
$3.84M
WANY
155
Wealthspire Advisors (New York)
New York
$3.81M +$39 +1 +0%
EP
156
Edgestream Partners
New Jersey
$3.68M -$152K -3,865 -4%
CAM
157
Cresset Asset Management
Illinois
$3.61M +$197K +4,994 +6%
Allianz Asset Management
158
Allianz Asset Management
Germany
$3.49M +$557K +14,145 +18%
Zurich Cantonal Bank
159
Zurich Cantonal Bank
Switzerland
$3.44M +$87.9K +2,230 +3%
Wealthfront Advisers
160
Wealthfront Advisers
California
$3.42M -$767K -19,463 -18%
National Bank of Canada
161
National Bank of Canada
Quebec, Canada
$3.38M -$628K -15,947 -15%
HI
162
Hendershot Investments
Virginia
$3.36M -$58.7K -1,489 -2%
GIA
163
Gateway Investment Advisers
Ohio
$3.36M +$851K +21,592 +32%
BOCM
164
Bontempo Ohly Capital Management
Maryland
$3.3M -$230K -5,849 -6%
Wealth Enhancement Advisory Services
165
Wealth Enhancement Advisory Services
Minnesota
$3.24M +$1.32M +33,387 +65%
OCM
166
Olstein Capital Management
New York
$3.19M
MMA
167
Mizuho Markets Americas
New York
$3.17M +$3.28M +83,249 New
BFA
168
Benedict Financial Advisors
Georgia
$3.13M -$77.5K -1,967 -2%
PAM
169
Peninsula Asset Management
Florida
$3.12M -$63K -1,600 -2%
WJWM
170
Williams Jones Wealth Management
New York
$3.12M -$1.32M -33,375 -29%
ASRS
171
Arizona State Retirement System
Arizona
$3.12M -$156K -3,955 -5%
VI
172
Vestcor Inc
New Brunswick, Canada
$3.07M
HighTower Advisors
173
HighTower Advisors
Illinois
$3.03M +$324K +8,234 +12%
SOMRS
174
State of Michigan Retirement System
Michigan
$3.02M -$11.8K -300 -0.4%
EI
175
Ethic Inc
New York
$3M +$414K +10,500 +15%

HRL Hedge Fund Activity: Q3 2023 in Review

626 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Hormel Foods (HRL) for Q3 2023, worth a combined $8.66B — down 5.4% from $9.16B a quarter earlier.

Sellers outnumbered buyers: 64 funds closed out of HRL and 51 opened new positions — a net loss of 13 holders — while 238 trimmed existing stakes and 227 added.

The largest buyer was Champlain Investment Partners, adding an estimated $32.2M. The largest seller was State Street, cutting an estimated $48.1M.

  • 626 institutional investors held Hormel Foods (HRL) as of Q3 2023, down from 646 in Q2 2023.
  • Funds reported $8.66B of Hormel Foods stock for Q3 2023, down 5.4% quarter-over-quarter.
  • 51 funds opened new Hormel Foods positions in Q3 2023 and 64 closed out, a net change of -13 holders.
  • The largest Hormel Foods buyer in Q3 2023 was Champlain Investment Partners, an estimated $32.2M added.
  • The largest Hormel Foods seller in Q3 2023 was State Street, an estimated $48.1M sold.

Based on aggregated 13F filings for Q3 2023.