Hormel Foods
648 hedge funds and large institutions have $10.6B invested in Hormel Foods in 2021 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 228 increasing their positions, 244 reducing their positions, and 76 closing their positions.
1% less capital invested
Capital invested by funds: $10.7B → $10.6B (-$136M)
3% less call options, than puts
Call options by funds: $27.4M | Put options by funds: $28.1M
7% less repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 244
1.61% less ownership
Funds ownership: 42.81% → 41.2% (-1.6%)
2% less funds holding
Funds holding: 660 → 648 (-12)
11% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 76
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$128M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$34.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$29.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$126M |
| 2 |
Renaissance Technologies
New York
|
-$74.9M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$73.4M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$66.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$37.3M |
HRL Hedge Fund Activity: Q1 2021 in Review
648 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Hormel Foods (HRL) for Q1 2021, worth a combined $10.6B — down 1.3% from $10.7B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of HRL and 68 opened new positions — a net loss of 8 holders — while 244 trimmed existing stakes and 228 added.
The largest buyer was Champlain Investment Partners, opening a new position worth an estimated $128M. The largest seller was First Trust Advisors, cutting an estimated $126M.
- 648 institutional investors held Hormel Foods (HRL) as of Q1 2021, down from 660 in Q4 2020.
- Funds reported $10.6B of Hormel Foods stock for Q1 2021, down 1.3% quarter-over-quarter.
- 68 funds opened new Hormel Foods positions in Q1 2021 and 76 closed out, a net change of -8 holders.
- The largest Hormel Foods buyer in Q1 2021 was Champlain Investment Partners, an estimated $128M added.
- The largest Hormel Foods seller in Q1 2021 was First Trust Advisors, an estimated $126M sold.
Based on aggregated 13F filings for Q1 2021.