Hormel Foods
667 hedge funds and large institutions have $9B invested in Hormel Foods in 2023 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 270 increasing their positions, 232 reducing their positions, and 79 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 270 | Existing positions reduced: 232
1.08% more ownership
Funds ownership: 40.16% → 41.25% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
5% less funds holding
Funds holding: 701 → 667 (-34)
10% less capital invested
Capital invested by funds: $9.99B → $9B (-$989M)
27% less call options, than puts
Call options by funds: $44M | Put options by funds: $60.2M
29% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$41.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$40.9M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$33.4M |
| 4 |
State Street
Boston,
Massachusetts
|
+$29.6M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$24.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$23.2M |
| 2 |
Amundi
Paris,
France
|
-$22.3M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$20M |
| 4 |
Millennium Management
New York
|
-$17.8M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
-$14.9M |
HRL Hedge Fund Activity: Q1 2023 in Review
667 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Hormel Foods (HRL) for Q1 2023, worth a combined $9B — down 9.9% from $9.99B a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of HRL and 56 opened new positions — a net loss of 23 holders — while 232 trimmed existing stakes and 270 added.
The largest buyer was Capital International Investors, adding an estimated $41.7M. The largest seller was Renaissance Technologies, cutting an estimated $23.2M.
- 667 institutional investors held Hormel Foods (HRL) as of Q1 2023, down from 701 in Q4 2022.
- Funds reported $9B of Hormel Foods stock for Q1 2023, down 9.9% quarter-over-quarter.
- 56 funds opened new Hormel Foods positions in Q1 2023 and 79 closed out, a net change of -23 holders.
- The largest Hormel Foods buyer in Q1 2023 was Capital International Investors, an estimated $41.7M added.
- The largest Hormel Foods seller in Q1 2023 was Renaissance Technologies, an estimated $23.2M sold.
Based on aggregated 13F filings for Q1 2023.