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Hormel Foods
HRL

Name Holding Trade Value Shares
Change 		Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$402M +$423M +20,817,248 New
State Street
2
State Street
Massachusetts
$344M +$362M +17,825,408 New
BIT
3
BlackRock Institutional Trust
California
$143M +$151M +7,433,116 New
UBS AM
4
UBS AM
Illinois
$138M +$146M +7,173,742 New
MPI
5
Mairs & Power Inc
Minnesota
$128M +$134M +6,617,480 New
Invesco
6
Invesco
Georgia
$93.1M +$98M +4,824,496 New
BFA
7
BlackRock Fund Advisors
California
$84.3M +$88.8M +4,370,934 New
JHIU
8
Janus Henderson Investors US
Colorado
$69.8M +$73.5M +3,619,200 New
Norges Bank
9
Norges Bank
Norway
$68.7M +$72.4M +3,562,060 New
Northern Trust
10
Northern Trust
Illinois
$65.9M +$69.4M +3,418,772 New
GC
11
Guggenheim Capital
Illinois
$65.8M +$69.3M +3,411,042 New
Bank of New York Mellon
12
Bank of New York Mellon
New York
$53.8M +$56.6M +2,787,200 New
AI
13
Analytic Investors
California
$50.8M +$53.5M +2,632,068 New
RP
14
Riverbridge Partners
Minnesota
$49M +$51.6M +2,540,504 New
BG
15
BlackRock Group
United Kingdom
$43.9M +$46.2M +2,275,124 New
PI
16
PGGM Investments
Netherlands
$41.3M +$43.4M +2,138,394 New
Schroder Investment Management Group
17
Schroder Investment Management Group
United Kingdom
$39.2M +$41.3M +2,030,852 New
DAC
18
Dividend Assets Capital
South Carolina
$38.4M +$40.5M +1,991,600 New
Swiss National Bank
19
Swiss National Bank
Switzerland
$38.1M +$40.2M +1,977,470 New
Geode Capital Management
20
Geode Capital Management
Massachusetts
$37.2M +$39.2M +1,928,142 New
First Trust Advisors
21
First Trust Advisors
Illinois
$35.7M +$37.6M +1,851,658 New
Acadian Asset Management
22
Acadian Asset Management
Massachusetts
$32.1M +$33.8M +1,663,884 New
SIM
23
Stelliam Investment Management
New York
$31.6M +$33.3M +1,640,000 New
TD Asset Management
24
TD Asset Management
Ontario, Canada
$31.2M +$32.9M +1,618,122 New
BlackRock
25
BlackRock
New York
$29.7M +$31.2M +1,537,336 New
1
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