Who owns Herbalife Nutrition Ltd. (HLF)
Which tracked institutional funds hold HLF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HLF company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
84 tracked funds added or opened HLF while 50 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
HLF’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes HLF more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in HLF divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 251 tracked filers holding HLF, 137 increased or opened the position and 110 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in HLF between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 30
- VANGUARD PORTFOLIO MANAGEMENT LLC$90M
- VANGUARD CAPITAL MANAGEMENT LLC$65M
- Woodline Partners LP$15M
- VANGUARD FIDUCIARY TRUST CO$10M
- PANAGORA ASSET MANAGEMENT INC$6M
- CIBC Bancorp USA Inc.$4M
Full exits 17
- VANGUARD GROUP INC$138M
- TWO SIGMA ADVISERS, LP$12M
- SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC$5M
- CIBC Private Wealth Group LLC$4M
- READYSTATE ASSET MANAGEMENT LP$2M
- Prentice Capital Management, LP$2M
Largest adds
- BAUPOST GROUP LLC/MA$17M
- Route One Investment Company, L.P.$16M
- FMR LLC$15M
- BlackRock, Inc.$15M
- GOLDMAN SACHS GROUP INC$15M
- Penn Capital Management Company, LLC$10M
Largest trims
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$9M
- Invenomic Capital Management LP$9M
- Long Focus Capital Management, LLC$5M
- Mitsubishi UFJ Trust & Banking Corp$5M
- CITIGROUP INC$4M
- JANE STREET GROUP, LLC$3M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BAUPOST GROUP LLC/MA | 9,259,844 | $136M | 8.2% | 2026-Q1 |
| Route One Investment Company, L.P. added | 8,227,300 | $121M | 7.3% | 2026-Q1 |
| BlackRock, Inc. added | 7,821,704 | $115M | 7.0% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 6,086,085 | $90M | 5.4% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 5,499,968 | $81M | 4.9% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 4,414,257 | $65M | 3.9% | 2026-Q1 |
| FMR LLC added | 4,402,389 | $65M | 3.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 3,133,436 | $46M | 2.8% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,628,437 | $39M | 2.3% | 2026-Q1 |
| LSV ASSET MANAGEMENT trimmed | 2,626,094 | $39M | 2.3% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 2,596,795 | $38M | 2.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 2,443,988 | $36M | 2.2% | 2026-Q1 |
| STATE STREET CORP added | 2,421,821 | $36M | 2.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 2,246,265 | $33M | 2.0% | 2026-Q1 |
| Quantedge Capital Pte Ltd trimmed | 1,921,658 | $28M | 1.7% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,877,717 | $28M | 1.7% | 2026-Q1 |
| Solel Partners LP | 1,860,615 | $27M | 1.7% | 2026-Q1 |
| Long Focus Capital Management, LLC trimmed | 1,699,200 | $25M | 1.5% | 2026-Q1 |
| IRIDIAN ASSET MANAGEMENT LLC/CT trimmed | 1,621,618 | $24M | 1.4% | 2026-Q1 |
| Nantahala Capital Management, LLC added | 1,353,653 | $20M | 1.2% | 2026-Q1 |
| CITIGROUP INC trimmed | 1,162,649 | $17M | 1.0% | 2026-Q1 |
| Tenzing Global Management, LLC trimmed | 1,050,000 | $15M | 0.9% | 2026-Q1 |
| Woodline Partners LP added | 1,029,484 | $15M | 0.9% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 1,012,136 | $15M | 0.9% | 2026-Q1 |
| MORGAN STANLEY added | 944,333 | $14M | 0.8% | 2026-Q1 |
| Bronte Capital Management Pty Ltd. trimmed | 939,926 | $14M | 0.8% | 2026-Q1 |
| NORTHERN TRUST CORP added | 934,320 | $14M | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 700,740 | $10M | 0.6% | 2026-Q1 |
| Penn Capital Management Company, LLC added | 687,660 | $10M | 0.6% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 687,197 | $10M | 0.6% | 2026-Q1 |
| Aristotle Capital Boston, LLC trimmed | 681,941 | $10M | 0.6% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added | 645,850 | $10M | 0.6% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 638,689 | $9M | 0.6% | 2026-Q1 |
| Manatuck Hill Partners, LLC trimmed | 535,000 | $8M | 0.5% | 2026-Q1 |
| Invesco Ltd. trimmed | 479,130 | $7M | 0.4% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 478,062 | $7M | 0.4% | 2026-Q1 |
| Nuveen, LLC added | 462,160 | $7M | 0.4% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 439,847 | $6M | 0.4% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 423,269 | $6M | 0.4% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC added | 419,659 | $6M | 0.4% | 2026-Q1 |
| Johnson Financial Group, LLC added | 414,560 | $6M | 0.4% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 413,658 | $6M | 0.4% | 2026-Q1 |
| Parallax Volatility Advisers, L.P. trimmed | 358,734 | $6M | 0.4% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 374,530 | $6M | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 357,312 | $5M | 0.3% | 2026-Q1 |
| SEI INVESTMENTS CO added | 334,367 | $5M | 0.3% | 2026-Q1 |
| GROUP ONE TRADING LLC trimmed | 333,065 | $5M | 0.3% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 331,107 | $5M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 325,835 | $5M | 0.3% | 2026-Q1 |
| Huber Capital Management LLC trimmed | 325,663 | $5M | 0.3% | 2026-Q1 |
| Squarepoint Ops LLC added | 307,350 | $5M | 0.3% | 2026-Q1 |
| MARSHALL WACE, LLP added | 305,187 | $4M | 0.3% | 2026-Q1 |
| CIBC Bancorp USA Inc. added | 287,781 | $4M | 0.3% | 2026-Q1 |
| Pekin Hardy Strauss, Inc. trimmed | 284,980 | $4M | 0.3% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC added | 277,696 | $4M | 0.2% | 2026-Q1 |
| THOMPSON SIEGEL & WALMSLEY LLC trimmed | 275,692 | $4M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 270,079 | $4M | 0.2% | 2026-Q1 |
| Q Global Advisors, LLC trimmed | 260,790 | $4M | 0.2% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 221,571 | $3M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 214,320 | $3M | 0.2% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 209,602 | $3M | 0.2% | 2026-Q1 |
| EVOKE WEALTH, LLC trimmed | 204,480 | $3M | 0.2% | 2026-Q1 |
| Swiss National Bank | 203,272 | $3M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 201,369 | $3M | 0.2% | 2026-Q1 |
| SteelPeak Wealth, LLC trimmed | 200,000 | $3M | 0.2% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 193,673 | $3M | 0.2% | 2026-Q1 |
| Bridgewater Associates, LP added | 193,243 | $3M | 0.2% | 2026-Q1 |
| EverSource Wealth Advisors, LLC added | 40,582 | $3M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 182,555 | $3M | 0.2% | 2026-Q1 |
| UBS Group AG added | 178,352 | $3M | 0.2% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 175,867 | $3M | 0.2% | 2026-Q1 |
| WOLVERINE ASSET MANAGEMENT LLC trimmed | 173,752 | $3M | 0.2% | 2026-Q1 |
| Caption Management, LLC added | 158,813 | $2M | 0.1% | 2026-Q1 |
| DARK FOREST CAPITAL MANAGEMENT LP trimmed | 154,493 | $2M | 0.1% | 2026-Q1 |
| Mitsubishi UFJ Trust & Banking Corp trimmed | 153,200 | $2M | 0.1% | 2026-Q1 |
| Informed Momentum Co LLC new | 152,719 | $2M | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 151,092 | $2M | 0.1% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 147,845 | $2M | 0.1% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 146,963 | $2M | 0.1% | 2026-Q1 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 143,725 | $2M | 0.1% | 2026-Q1 |
| Inspire Investing, LLC added | 141,277 | $2M | 0.1% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 129,246 | $2M | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 128,875 | $2M | 0.1% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL trimmed | 126,707 | $2M | 0.1% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 122,909 | $2M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 117,429 | $2M | 0.1% | 2026-Q1 |
| Susquehanna Portfolio Strategies, LLC added | 117,370 | $2M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 10,694,439 | $138M | 8.3% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP added | 932,500 | $12M | 0.7% | 2025-Q4 stale |
| Fund 1 Investments, LLC added | 985,000 | $8M | 0.5% | 2025-Q2 stale |
| JUPITER ASSET MANAGEMENT LTD | 829,004 | $7M | 0.4% | 2025-Q2 stale |
| Perpetual Ltd trimmed | 659,705 | $6M | 0.3% | 2025-Q3 stale |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC trimmed | 393,603 | $5M | 0.3% | 2025-Q4 stale |
| CIBC Private Wealth Group LLC trimmed | 309,249 | $4M | 0.2% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC trimmed | 388,396 | $3M | 0.2% | 2025-Q2 stale |
| READYSTATE ASSET MANAGEMENT LP trimmed | 186,607 | $2M | 0.1% | 2025-Q4 stale |
| Prentice Capital Management, LP trimmed | 154,209 | $2M | 0.1% | 2025-Q4 stale |
| AXA S.A. added | 202,274 | $2M | 0.1% | 2025-Q2 stale |
| AXA Investment Managers S.A. new | 202,274 | $2M | 0.1% | 2025-Q3 stale |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC added | 200,000 | $2M | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.