Hormel Foods
504 hedge funds and large institutions have $6.58B invested in Hormel Foods in 2017 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 178 increasing their positions, 193 reducing their positions, and 59 closing their positions.
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
0.64% less ownership
Funds ownership: 39.45% → 38.82% (-0.64%)
8% less repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 193
3% less funds holding
Funds holding: 520 → 504 (-16)
7% less capital invested
Capital invested by funds: $7.11B → $6.58B (-$528M)
15% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 59
21% less call options, than puts
Call options by funds: $23.5M | Put options by funds: $29.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$76.8M |
| 2 |
VAM
ValueInvest Asset Management
Luxembourg
|
+$51.1M |
| 3 |
FC
Fairpointe Capital
Chicago,
Illinois
|
+$43.6M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$35.7M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$30.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$79M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$69.7M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$60.5M |
| 4 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$35.8M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$34.3M |
HRL Hedge Fund Activity: Q3 2017 in Review
504 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Hormel Foods (HRL) for Q3 2017, worth a combined $6.58B — down 7.4% from $7.11B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of HRL and 50 opened new positions — a net loss of 9 holders — while 193 trimmed existing stakes and 178 added.
The largest buyer was Capital International Investors, adding an estimated $76.8M. The largest seller was APG Asset Management, cutting an estimated $79M.
- 504 institutional investors held Hormel Foods (HRL) as of Q3 2017, down from 520 in Q2 2017.
- Funds reported $6.58B of Hormel Foods stock for Q3 2017, down 7.4% quarter-over-quarter.
- 50 funds opened new Hormel Foods positions in Q3 2017 and 59 closed out, a net change of -9 holders.
- The largest Hormel Foods buyer in Q3 2017 was Capital International Investors, an estimated $76.8M added.
- The largest Hormel Foods seller in Q3 2017 was APG Asset Management, an estimated $79M sold.
Based on aggregated 13F filings for Q3 2017.