Hormel Foods
380 hedge funds and large institutions have $4.24B invested in Hormel Foods in 2014 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 127 increasing their positions, 156 reducing their positions, and 24 closing their positions.
25% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 24
2% more capital invested
Capital invested by funds: $4.15B → $4.24B (+$87.2M)
1% more funds holding
Funds holding: 377 → 380 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.12% less ownership
Funds ownership: 63.71% → 62.59% (-1.1%)
19% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 156
43% less call options, than puts
Call options by funds: $4.65M | Put options by funds: $8.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$24M |
| 2 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$23.8M |
| 3 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
+$20.4M |
| 4 |
AC
Ascend Capital
Orinda,
California
|
+$19.6M |
| 5 |
D.E. Shaw & Co
New York
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$74.4M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$23.4M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$22.8M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$21.8M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$16M |
HRL Hedge Fund Activity: Q3 2014 in Review
380 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Hormel Foods (HRL) for Q3 2014, worth a combined $4.24B — up 2.1% from $4.15B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new HRL positions and 24 closed out — a net gain of 6 holders — while 127 added to existing stakes and 156 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $24M. The largest seller was Norges Bank, cutting an estimated $74.4M.
- 380 institutional investors held Hormel Foods (HRL) as of Q3 2014, up from 377 in Q2 2014.
- Funds reported $4.24B of Hormel Foods stock for Q3 2014, up 2.1% quarter-over-quarter.
- 30 funds opened new Hormel Foods positions in Q3 2014 and 24 closed out, a net change of +6 holders.
- The largest Hormel Foods buyer in Q3 2014 was Royal Bank of Canada, an estimated $24M added.
- The largest Hormel Foods seller in Q3 2014 was Norges Bank, an estimated $74.4M sold.
Based on aggregated 13F filings for Q3 2014.