Hormel Foods
645 hedge funds and large institutions have $9.16B invested in Hormel Foods in 2023 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 269 increasing their positions, 206 reducing their positions, and 77 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 269 | Existing positions reduced: 206
12% more call options, than puts
Call options by funds: $44.8M | Put options by funds: $40.2M
2% more capital invested
Capital invested by funds: $9B → $9.16B (+$152M)
0.44% more ownership
Funds ownership: 41.25% → 41.69% (+0.44%)
3% less funds holding
Funds holding: 667 → 645 (-22)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
27% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$40.5M |
| 2 |
State Street
Boston,
Massachusetts
|
+$40.3M |
| 3 |
Goldman Sachs
New York
|
+$34.8M |
| 4 |
Man Group
London,
United Kingdom
|
+$32.2M |
| 5 |
TIA
Tandem Investment Advisors
Charleston,
South Carolina
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$50.7M |
| 2 |
Aviva
London,
United Kingdom
|
-$28.4M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$23.9M |
| 4 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$20M |
| 5 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
-$19.2M |
HRL Hedge Fund Activity: Q2 2023 in Review
645 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Hormel Foods (HRL) for Q2 2023, worth a combined $9.16B — up 1.7% from $9B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of HRL and 56 opened new positions — a net loss of 21 holders — while 206 trimmed existing stakes and 269 added.
The largest buyer was Champlain Investment Partners, adding an estimated $40.5M. The largest seller was BlackRock, cutting an estimated $50.7M.
- 645 institutional investors held Hormel Foods (HRL) as of Q2 2023, down from 667 in Q1 2023.
- Funds reported $9.16B of Hormel Foods stock for Q2 2023, up 1.7% quarter-over-quarter.
- 56 funds opened new Hormel Foods positions in Q2 2023 and 77 closed out, a net change of -21 holders.
- The largest Hormel Foods buyer in Q2 2023 was Champlain Investment Partners, an estimated $40.5M added.
- The largest Hormel Foods seller in Q2 2023 was BlackRock, an estimated $50.7M sold.
Based on aggregated 13F filings for Q2 2023.