Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Herbalife Ltd (HLF)

247 + Investors. Track Smart Money conviction in HLF. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +16
Streak
3Q ▲
Buyers last Q
56%

Smart Money Signals — HLF

Based on 247 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added HLF than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
247 hedge funds hold HLF right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +15% more funds vs a year ago

fund count last 6Q
+33 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 56% buying

144 buying115 selling
Last quarter: 144 funds bought or added vs 115 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+12 vs last Q)

new funds entering per quarter
Funds opening a new HLF position: 35 → 34 → 43 → 55. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 17% medium ■ 18% new
160 out of 247 hedge funds have held HLF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -5%, value -39%

Value
-38%
Shares
-5%
Last quarter: funds added -5% more shares while total portfolio value only changed -39%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

39 → 35 → 34 → 43 → 55 new funds/Q
New funds entering each quarter: 35 → 34 → 43 → 55. A growing number of institutions are discovering HLF each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 72% of holders stayed 2+ years

■ 72% veterans ■ 9% 1-2yr ■ 19% new
Of 265 current holders: 190 (72%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 34% AUM from major funds

34% from top-100 AUM funds
45 of 247 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — HLF

In 2026 Q1, 144 hedge funds were net buyers of HLF (55 opened a new position, 89 added to an existing one), while 115 reduced or exited (76 trimmed, 39 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 34% of total institutional value in HLF is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +16 funds (more new holders than closures). Total institutional holders: 247.

Hedge Fund Ownership: HLF

How many hedge funds hold HLF — quarterly history vs. share price
Quarterly hedge fund ownership of HLF vs. share price

Market Analysis: HLF

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HLF

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Herbalife Ltd (HLF) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HLF has moved relative to its sector benchmark (XLP) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
HLF
-21.1%
XLP
nan%

HLF outperformed XLP by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
HLF
-9.4%
XLP
nan%

Since the filing became public, HLF outperformed XLP by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

22 top-rated funds 0 high-conviction
Consensus
5.9
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: HLF
247 + Investors

Track Smart Money conviction in HLF. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 247 231 6.93%
13F Shares 116M 123M -5.14%
Total Value $1.52B $2.49B -38.86%
New Positions 55 43 +12
Increased Positions 80 78 +2
Closed Positions 39 29 +10
Reduced Positions 74 81 -7
Total Calls 12 13 -7.69%
Total Puts 8 16 -50.0%
PUT/CALL Ratio 0.67 1.23 Bullish

Statistics: HLF

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

247 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in HLF. Verified SEC 13F-HR filings.

QUARTER:
Top 25 HLF holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Quantedge Capital Pte Ltd 15.47% 1,921,658 $28.3M
2 Tenzing Global Management, LLC 12.82% 1,050,000 $15.5M
3 Iridian Asset Management LLC/Ct 9.68% 1,621,618 $23.9M
4 Solel Partners LP 5.86% 1,860,615 $27.4M
5 Route One Investment Company, L.P. 5.16% 8,227,300 $121.1M
6 Nantahala Capital Management, LLC 3.03% 5,600,000 $82.4M
7 Manatuck Hill Partners, LLC 2.13% 535,000 $7.9M
8 Bronte Capital Management Pty Ltd. 1.37% 939,926 $13.8M
9 Penn Capital Management Company, LLC 0.79% 687,660 $10.1M
10 Huber Capital Management LLC 0.74% 325,663 $4.8M
11 Nantahala Capital Management, LLC 0.73% 1,353,653 $19.9M
12 SummerHaven Investment Management, LLC 0.68% 75,069 $1.1M
13 Long Focus Capital Management, LLC 0.66% 1,699,200 $25.0M
14 Aristotle Capital Boston, LLC 0.63% 681,941 $10.1M
15 Lombard Odier Asset Management (USA) Corp 0.62% 402,500 $5.9M
16 Arena Capital Advisors, LLC- CA 0.52% 70,910 $1.0M
17 Ares Systematic Credit Ltd 0.51% 44,921 $647K
18 Pekin Hardy Strauss, Inc. 0.44% 284,980 $4.2M
19 Johnson Financial Group, LLC 0.41% 414,560 $6.1M
20 Informed Momentum Co LLC 0.26% 152,719 $2.2M
21 Dark Forest Capital Management LP 0.20% 154,493 $2.3M
22 Hussman Strategic Advisors, INC. 0.20% 63,000 $927K
23 DGS Capital Management, LLC 0.20% 82,323 $1.2M
24 Inspire Investing, LLC 0.17% 141,277 $2.1M
25 Bridgefront Capital, LLC 0.15% 39,649 $584K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Herbalife Ltd (HLF)

What does the Smart Money Trend signal show for HLF?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added HLF than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for HLF?

Slight buying edge — 56% buying: Last quarter: 144 funds bought or added vs 115 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for HLF holders?

Strong quality — 34% AUM from major funds: 45 of 247 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held HLF?

65% of holders stayed for 2+ years: 160 out of 247 hedge funds have held HLF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Herbalife Ltd (HLF) following the 2026 Q1 hedge fund 13F filings?

As of today, HLF has moved -9.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to nan% for the XLP sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), HLF has gained -21.1% vs nan% for XLP. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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