Hormel Foods
618 hedge funds and large institutions have $6.82B invested in Hormel Foods in 2024 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 252 increasing their positions, 220 reducing their positions, and 81 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
15% more repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 220
5% more call options, than puts
Call options by funds: $55.2M | Put options by funds: $52.3M
0.1% less ownership
Funds ownership: 40.88% → 40.77% (-0.1%)
3% less funds holding
Funds holding: 640 → 618 (-22)
13% less capital invested
Capital invested by funds: $7.81B → $6.82B (-$992M)
15% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 81
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$98.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$66.3M |
| 3 |
Holocene Advisors
New York
|
+$48.3M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$46.9M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$66.2M |
| 2 |
Renaissance Technologies
New York
|
-$40.8M |
| 3 |
BlackRock
New York
|
-$37.4M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$30M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$28.3M |
HRL Hedge Fund Activity: Q2 2024 in Review
618 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Hormel Foods (HRL) for Q2 2024, worth a combined $6.82B — down 13% from $7.81B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of HRL and 69 opened new positions — a net loss of 12 holders — while 220 trimmed existing stakes and 252 added.
The largest buyer was Citadel Advisors, adding an estimated $98.7M. The largest seller was Capital International Investors, exiting entirely with an estimated $66.2M sold.
- 618 institutional investors held Hormel Foods (HRL) as of Q2 2024, down from 640 in Q1 2024.
- Funds reported $6.82B of Hormel Foods stock for Q2 2024, down 13% quarter-over-quarter.
- 69 funds opened new Hormel Foods positions in Q2 2024 and 81 closed out, a net change of -12 holders.
- The largest Hormel Foods buyer in Q2 2024 was Citadel Advisors, an estimated $98.7M added.
- The largest Hormel Foods seller in Q2 2024 was Capital International Investors, an estimated $66.2M sold.
Based on aggregated 13F filings for Q2 2024.