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Herbalife Ltd.

HLF
Exchange
NYSE
Industry
Wholesale-Drugs, Proprietaries & Druggists' Sundries
SEC CIK
0001180262

No open-market purchases or sales by Herbalife Ltd. insiders were filed in the last 90 days; 235 institutions reported holding it in 13F filings for Q2 2026, worth $1.37B in total; Baupost Group is the only superinvestor holding it.

13F holders, Q3 2025

Institutional positions in Herbalife Ltd. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
218
+10 vs. Q2 2025
Shares held
103.0M
−1.46M (−1.4%) vs. Q2 2025
Total value
$870.8M
−$32.5M (−3.6%) vs. Q2 2025
New holders
37
70 more added
Sold out
27
76 more reduced

3 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting HLF on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 218 institutions
Q1 2021: 244 institutionsQ2 2021: 248 institutionsQ3 2021: 232 institutionsQ4 2021: 245 institutionsQ1 2022: 229 institutionsQ2 2022: 204 institutionsQ3 2022: 201 institutionsQ4 2022: 217 institutionsQ1 2023: 211 institutionsQ2 2023: 192 institutionsQ3 2023: 198 institutionsQ4 2023: 197 institutionsQ1 2024: 185 institutionsQ2 2024: 180 institutionsQ3 2024: 187 institutionsQ4 2024: 199 institutionsQ1 2025: 214 institutionsQ2 2025: 211 institutionsQ3 2025: 218 institutionsQ4 2025: 231 institutionsQ1 2026: 253 institutionsQ2 2026: 235 institutions
Value heldQ3 2025: $870.8M
Q1 2021: $4.61BQ2 2021: $5.55BQ3 2021: $4.34BQ4 2021: $4.16BQ1 2022: $3.10BQ2 2022: $2.05BQ3 2022: $1.94BQ4 2022: $1.57BQ1 2023: $1.72BQ2 2023: $1.44BQ3 2023: $1.47BQ4 2023: $1.60BQ1 2024: $1.08BQ2 2024: $1.15BQ3 2024: $784.0MQ4 2024: $676.7MQ1 2025: $915.5MQ2 2025: $903.7MQ3 2025: $870.8MQ4 2025: $1.33BQ1 2026: $1.54BQ2 2026: $1.37B
Institutions holding HLF and their total value by quarter
QuarterHoldersValue
Q2 2026235$1.37B
Q1 2026253$1.54B
Q4 2025231$1.33B
Q3 2025218$870.8M
Q2 2025211$903.7M
Q1 2025214$915.5M
Q4 2024199$676.7M
Q3 2024187$784.0M
Q2 2024180$1.15B
Q1 2024185$1.08B
Q4 2023197$1.60B
Q3 2023198$1.47B
Q2 2023192$1.44B
Q1 2023211$1.72B
Q4 2022217$1.57B
Q3 2022201$1.94B
Q2 2022204$2.05B
Q1 2022229$3.10B
Q4 2021245$4.16B
Q3 2021232$4.34B
Q2 2021248$5.55B
Q1 2021244$4.61B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Herbalife Ltd.; share changes are against Q2 2025.

Institutions holding HLF in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Manufacturers Life Insurance Company, The33,878$285.9K0.00%−2,764−7.5%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)34,713$293.0K0.00%00.0%Unchanged
Algert Global LLC39,339$332.0K0.01%+13,980+55.1%Added
DGS Capital Management, LLC39,916$336.9K0.06%+5,341+15.4%Added
Massachusetts Financial Services Co41,870$353.4K0.00%+2,754+7.0%Added
Intech Investment Management LLC42,481$358.5K0.00%−9,194−17.8%Reduced
Ieq Capital, LLC42,696$360.4K0.00%+16,362+62.1%Added
CenterBook Partners LP43,550$367.6K0.02%+43,550New
Tweedy, Browne Co LLC44,136$372.5K0.03%+22,508+104.1%Added
Mirae Asset Global ETFs Holdings Ltd.47,482$400.7K0.00%−7,924−14.3%Reduced
Janus Henderson Group PLC47,505$401.2K0.00%00.0%Unchanged
Quantbot Technologies LP47,655$402.2K0.01%+47,655New
CWM Advisors, LLC53,180$448.8K0.04%+7,942+17.6%Added
McMahon Financial Advisors, LLC53,380$450.5K0.10%−11,684−18.0%Reduced
Kearns & Associates LLC56,900$480.2K0.25%00.0%Unchanged
PharVision Advisers, LLC57,320$483.8K0.27%+57,320New
Diametric Capital, LP57,493$485.2K0.18%+57,493New
MetLife Investment Management58,987$497.9K0.00%−809−1.4%Reduced
Optimize Financial Inc60,546$511.0K0.27%+60,546New
Avaii Wealth Management, LLC61,061$515.4K0.20%−1,419−2.3%Reduced
Hussman Strategic Advisors, Inc.63,000$531.7K0.12%+63,000New
XTX Topco Ltd64,918$547.9K0.03%+64,918New
Caption Management, LLC65,000$548.6K0.03%+65,000New
Wells Fargo & Company66,711$563.0K0.00%+9,113+15.8%Added
Susquehanna Portfolio Strategies, LLC68,584$578.8K0.01%00.0%Unchanged
Arena Capital Advisors, LLC- CA70,910$598.5K0.25%+10,000+16.4%Added
Exchange Traded Concepts, LLC74,364$627.6K0.01%+22,820+44.3%Added
Dark Forest Capital Management LP75,866$640.3K0.02%−109,563−59.1%Reduced
Jump Financial, LLC77,600$654.9K0.01%−100,000−56.3%Reduced
Jennison Associates LLC79,903$674.4K0.00%+38,754+94.2%Added
SummerHaven Investment Management, LLC82,330$694.9K0.40%−207−0.3%Reduced
Graham Capital Management, L.P.84,828$715.9K0.03%+2,387+2.9%Added
SG Americas Securities, LLC91,156$769.0K0.00%+33,989+59.5%Added
Cinctive Capital Management LP92,138$777.6K0.04%+92,138New
California State Teachers Retirement System93,153$786.2K0.00%+50.0%Added
Janney Montgomery Scott LLC97,891$826.0K0.00%+97,891New
Alliancebernstein L.P.98,020$827.3K0.00%+2,400+2.5%Added
IMC-Chicago, LLC98,342$830.0K0.01%−89,469−47.6%Reduced
Picton Mahoney Asset Management106,426$898.0K0.01%+106,426New
Price T Rowe Associates Inc106,720$901.0K0.00%+5,203+5.1%Added
Gsa Capital Partners LLP107,928$911.0K0.08%+107,928New
Wolverine Trading, LLC109,818$934.6K0.02%+9,053+9.0%Added
Macquarie Group Ltd112,000$945.0K0.00%00.0%Unchanged
Legal & General Group Plc115,710$976.6K0.00%−3,213−2.7%Reduced
Russell Investments Group, Ltd.117,605$993.0K0.00%−995−0.8%Reduced
Franklin Resources Inc119,607$1.01M0.00%+21,577+22.0%Added
Verition Fund Management LLC120,964$1.02M0.01%−12,128−9.1%Reduced
O'Shaughnessy Asset Management, LLC124,111$1.05M0.01%+8,161+7.0%Added
Los Angeles Capital Management LLC124,302$1.05M0.00%−28,922−18.9%Reduced
Barclays PLC142,860$1.21M0.00%−52,721−27.0%Reduced
Marshall Wace, LLP148,620$1.25M0.00%−38,830−20.7%Reduced
Rhumbline Advisers154,411$1.30M0.00%−5,019−3.1%Reduced
JPMorgan Chase & Co169,578$1.43M0.00%−2,698−1.6%Reduced
FMR LLC174,798$1.48M0.00%+168,537+2,691.9%Added
UBS Asset Management Americas Inc190,644$1.61M0.00%−102,316−34.9%Reduced
Swiss National Bank197,372$1.67M0.00%+2,100+1.1%Added
Intrinsic Edge Capital Management LLC200,000$1.69M0.26%+200,000New
AXA Investment Managers S.A.202,274$1.71M0.00%+202,274New
Ameriprise Financial Inc214,146$1.81M0.00%−175,670−45.1%Reduced
Wolverine Asset Management LLC226,164$1.91M0.03%00.0%Unchanged
Nuveen, LLC237,226$2.00M0.00%−434,001−64.7%Reduced
Prentice Capital Management, LP241,661$2.04M3.12%+8,776+3.8%Added
D. E. Shaw & Co., Inc.251,086$2.12M0.00%+75,227+42.8%Added
SEI Investments Co263,764$2.23M0.00%−7,123−2.6%Reduced
Parallax Volatility Advisers, L.P.268,500$2.27M0.07%+112,812+72.5%Added
State of Wisconsin Investment Board292,024$2.46M0.01%+77,324+36.0%Added
Group One Trading, L.P.323,784$2.73M0.08%+7,451+2.4%Added
Diversify Wealth Management, LLC345,385$2.79M0.16%+70,061+25.4%Added
AQR Capital Management LLC345,172$2.91M0.00%+129,901+60.3%Added
Readystate Asset Management LP395,881$3.34M0.16%+107,043+37.1%Added
Huber Capital Management LLC396,500$3.35M0.53%00.0%Unchanged
Susquehanna Fundamental Investments, LLC411,929$3.48M0.14%−9,235−2.2%Reduced
Invenomic Capital Management LP420,630$3.55M0.19%+420,630New
Pekin Hardy Strauss, Inc.426,682$3.60M0.36%−10,499−2.4%Reduced
CIBC Private Wealth Group, LLC437,119$3.69M0.01%+2,908+0.7%Added
Steel Peak Wealth Management LLC450,000$3.80M0.13%00.0%Unchanged
Bank of New York Mellon Corp478,111$4.04M0.00%−36,567−7.1%Reduced
Q Global Advisors, LLC505,658$4.27M6.70%−192,944−27.6%Reduced
Balyasny Asset Management LLC521,966$4.41M0.01%+521,966New
Millennium Management LLC562,110$4.74M0.00%+42,192+8.1%Added
Mitsubishi UFJ Trust & Banking Corp566,840$4.78M0.01%−139,251−19.7%Reduced
Hotchkis & Wiley Capital Management LLC577,710$4.88M0.02%−4,200−0.7%Reduced
UBS Group AG658,654$5.56M0.00%+280,870+74.3%Added
Perpetual Ltd659,705$5.57M0.07%−68,223−9.4%Reduced
Jane Street Group, LLC681,687$5.75M0.01%+162,333+31.3%Added
Thompson Siegel & Walmsley LLC701,324$5.92M0.10%−90,497−11.4%Reduced
Invesco Ltd.763,857$6.45M0.00%+287,880+60.5%Added
Susquehanna International Group, LLP825,392$6.97M0.01%−38,065−4.4%Reduced
Connor, Clark & Lunn Investment Management Ltd.870,409$7.35M0.02%−143,096−14.1%Reduced
Aristotle Capital Boston, LLC873,240$7.37M0.38%−14,019−1.6%Reduced
Morgan Stanley907,213$7.66M0.00%−399,588−30.6%Reduced
Citigroup Inc915,223$7.72M0.01%−30,017−3.2%Reduced
Two Sigma Advisers, LP927,800$7.83M0.02%+240,200+34.9%Added
Northern Trust Corp941,153$7.94M0.00%+1410.0%Added
Nantahala Capital Management, LLC942,431$7.95M0.49%+120,133+14.6%Added
Deutsche Bank AG998,988$8.43M0.00%+9,994+1.0%Added
Manatuck Hill Partners, LLC1,000,000$8.44M2.87%+550,000+122.2%Added
Tenzing Global Management, LLC1,062,500$8.97M6.30%+637,500+150.0%Added
Dimensional Fund Advisors LP1,399,107$11.8M0.00%+45,884+3.4%Added
Bank of America Corp1,492,073$12.6M0.00%−169,383−10.2%Reduced