Hormel Foods
523 hedge funds and large institutions have $7.77B invested in Hormel Foods in 2016 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 178 increasing their positions, 212 reducing their positions, and 32 closing their positions.
153% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 32
13% more capital invested
Capital invested by funds: $6.9B → $7.77B (+$876M)
10% more funds holding
Funds holding: 477 → 523 (+46)
6% more funds holding in top 10
Funds holding in top 10: 17 → 18 (+1)
16% less repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 212
32.2% less ownership
Funds ownership: 66.14% → 33.94% (-32%)
35% less call options, than puts
Call options by funds: $23M | Put options by funds: $35.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$115M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$82.8M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$81.8M |
| 4 |
Bank of New York Mellon
New York
|
+$61.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$61.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$55.8M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$52.9M |
| 3 |
DAC
Dividend Assets Capital
Ridgeland,
South Carolina
|
-$47.9M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$46M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$40.1M |
HRL Hedge Fund Activity: Q1 2016 in Review
523 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Hormel Foods (HRL) for Q1 2016, worth a combined $7.77B — up 13% from $6.9B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new HRL positions and 32 closed out — a net gain of 49 holders — while 178 added to existing stakes and 212 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $115M. The largest seller was First Trust Advisors, cutting an estimated $55.8M.
- 523 institutional investors held Hormel Foods (HRL) as of Q1 2016, up from 477 in Q4 2015.
- Funds reported $7.77B of Hormel Foods stock for Q1 2016, up 13% quarter-over-quarter.
- 81 funds opened new Hormel Foods positions in Q1 2016 and 32 closed out, a net change of +49 holders.
- The largest Hormel Foods buyer in Q1 2016 was OppenheimerFunds, an estimated $115M added.
- The largest Hormel Foods seller in Q1 2016 was First Trust Advisors, an estimated $55.8M sold.
Based on aggregated 13F filings for Q1 2016.