Hormel Foods
623 hedge funds and large institutions have $7.27B invested in Hormel Foods in 2023 Q4 according to their latest regulatory filings, with 93 funds opening new positions, 227 increasing their positions, 227 reducing their positions, and 85 closing their positions.
60% more call options, than puts
Call options by funds: $75.6M | Put options by funds: $47.3M
9% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 85
0% more repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 227
0.11% less ownership
Funds ownership: 41.5% → 41.39% (-0.11%)
0% less funds holding
Funds holding: 626 → 623 (-3)
16% less capital invested
Capital invested by funds: $8.66B → $7.27B (-$1.39B)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Voloridge Investment Management
Jupiter,
Florida
|
+$49.7M |
| 2 |
Goldman Sachs
New York
|
+$46.8M |
| 3 |
Two Sigma Investments
New York
|
+$39.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$38.7M |
| 5 |
Man Group
London,
United Kingdom
|
+$38.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$402M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$20.3M |
| 3 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
-$13.3M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$12.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$11.5M |
HRL Hedge Fund Activity: Q4 2023 in Review
623 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Hormel Foods (HRL) for Q4 2023, worth a combined $7.27B — down 16% from $8.66B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new HRL positions and 85 closed out — a net gain of 8 holders — while 227 added to existing stakes and 227 trimmed.
The largest buyer was Voloridge Investment Management, adding an estimated $49.7M. The largest seller was Capital International Investors, cutting an estimated $402M.
- 623 institutional investors held Hormel Foods (HRL) as of Q4 2023, down from 626 in Q3 2023.
- Funds reported $7.27B of Hormel Foods stock for Q4 2023, down 16% quarter-over-quarter.
- 93 funds opened new Hormel Foods positions in Q4 2023 and 85 closed out, a net change of +8 holders.
- The largest Hormel Foods buyer in Q4 2023 was Voloridge Investment Management, an estimated $49.7M added.
- The largest Hormel Foods seller in Q4 2023 was Capital International Investors, an estimated $402M sold.
Based on aggregated 13F filings for Q4 2023.