Hormel Foods
626 hedge funds and large institutions have $8.66B invested in Hormel Foods in 2023 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 227 increasing their positions, 238 reducing their positions, and 64 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
0.19% less ownership
Funds ownership: 41.69% → 41.5% (-0.19%)
5% less repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 238
3% less funds holding
Funds holding: 646 → 626 (-20)
5% less capital invested
Capital invested by funds: $9.16B → $8.66B (-$497M)
18% less call options, than puts
Call options by funds: $60.3M | Put options by funds: $73.9M
20% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$32.2M |
| 2 |
Millennium Management
New York
|
+$30M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$29.4M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$23M |
| 5 |
Amundi
Paris,
France
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$48.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$32.5M |
| 3 |
Man Group
London,
United Kingdom
|
-$31.7M |
| 4 |
JP Morgan Chase
New York
|
-$26.1M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$22.5M |
HRL Hedge Fund Activity: Q3 2023 in Review
626 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Hormel Foods (HRL) for Q3 2023, worth a combined $8.66B — down 5.4% from $9.16B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of HRL and 51 opened new positions — a net loss of 13 holders — while 238 trimmed existing stakes and 227 added.
The largest buyer was Champlain Investment Partners, adding an estimated $32.2M. The largest seller was State Street, cutting an estimated $48.1M.
- 626 institutional investors held Hormel Foods (HRL) as of Q3 2023, down from 646 in Q2 2023.
- Funds reported $8.66B of Hormel Foods stock for Q3 2023, down 5.4% quarter-over-quarter.
- 51 funds opened new Hormel Foods positions in Q3 2023 and 64 closed out, a net change of -13 holders.
- The largest Hormel Foods buyer in Q3 2023 was Champlain Investment Partners, an estimated $32.2M added.
- The largest Hormel Foods seller in Q3 2023 was State Street, an estimated $48.1M sold.
Based on aggregated 13F filings for Q3 2023.