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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, Q4 2025

Institutional positions in Herbalife Ltd. as of Dec 31, 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
231
+17 vs. Q3 2025
Shares held
103.6M
+882.7K (+0.9%) vs. Q3 2025
Total value
$1.33B
+$467.1M (+53.8%) vs. Q3 2025
New holders
42
73 more added
Sold out
25
85 more reduced

4 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 231 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 heldQ4 2025: $1.33B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Herbalife Ltd.; share changes are against Q3 2025.

Institutions holding HLF in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc11,712,200$151.0M0.00%−460,965−3.8%Reduced
Baupost Group LLCSuperinvestorBaupost Group9,259,844$119.4M2.26%+1,500,000+19.3%Added
Route One Investment Company, L.P.8,162,123$105.2M4.39%+633,185+8.4%Added
BlackRock, Inc.7,798,814$100.5M0.00%+162,667+2.1%Added
Renaissance Technologies LLC5,619,568$72.4M0.11%−1,068,900−16.0%Reduced
FMR LLC3,825,960$49.3M0.00%+3,651,162+2,088.8%Added
Charles Schwab Investment Management Inc2,728,217$35.2M0.01%−183,661−6.3%Reduced
LSV Asset Management2,711,394$35.0M0.08%−33,537−1.2%Reduced
Geode Capital Management, LLC2,577,634$33.2M0.00%+25,783+1.0%Added
Goldman Sachs Group Inc2,448,586$31.6M0.00%+352,724+16.8%Added
State Street Corp2,410,588$31.1M0.00%−24,666−1.0%Reduced
Arrowstreet Capital, Limited Partnership2,329,256$30.0M0.02%+443,165+23.5%Added
Long Focus Capital Management, LLC2,300,000$29.6M1.48%−1,200,000−34.3%Reduced
Quantedge Capital Pte Ltd2,249,683$29.0M13.82%+111,700+5.2%Added
Solel Partners LP1,860,615$24.0M3.88%+191,210+11.5%Added
Iridian Asset Management LLC1,836,381$23.7M8.71%−612,774−25.0%Reduced
Two Sigma Investments, LP1,816,933$23.4M0.03%−15,389−0.8%Reduced
Citigroup Inc1,675,129$21.6M0.01%+759,906+83.0%Added
Dimensional Fund Advisors LP1,451,749$18.7M0.00%+52,642+3.8%Added
Tenzing Global Management, LLC1,250,000$16.1M13.66%+187,500+17.6%Added
Susquehanna International Group, LLP1,236,268$15.9M0.02%+410,876+49.8%Added
Bronte Capital Management Pty Ltd.1,120,175$14.4M1.51%−238,814−17.6%Reduced
Deutsche Bank AG1,002,162$12.9M0.00%+3,174+0.3%Added
Two Sigma Advisers, LP932,500$12.0M0.02%+4,700+0.5%Added
Morgan Stanley909,551$11.7M0.00%+2,338+0.3%Added
Northern Trust Corp904,397$11.7M0.00%−36,756−3.9%Reduced
Nantahala Capital Management, LLC881,857$11.4M0.68%−60,574−6.4%Reduced
Manatuck Hill Partners, LLC875,000$11.3M3.95%−125,000−12.5%Reduced
Aristotle Capital Boston, LLC788,588$10.2M0.56%−84,652−9.7%Reduced
Invenomic Capital Management LP768,031$9.90M0.48%+347,401+82.6%Added
Jane Street Group, LLC676,440$8.72M0.01%−5,247−0.8%Reduced
Connor, Clark & Lunn Investment Management Ltd.612,166$7.89M0.02%−258,243−29.7%Reduced
Hotchkis & Wiley Capital Management LLC563,210$7.26M0.02%−14,500−2.5%Reduced
Victory Capital Management Inc547,818$7.06M0.00%+536,295+4,654.1%Added
Mitsubishi UFJ Trust & Banking Corp529,523$6.83M0.02%−37,317−6.6%Reduced
Invesco Ltd.513,920$6.62M0.00%−249,937−32.7%Reduced
Bank of America Corp509,723$6.57M0.00%−982,350−65.8%Reduced
Group One Trading, L.P.502,247$6.47M0.19%+178,463+55.1%Added
Bank of New York Mellon Corp439,002$5.66M0.00%−39,109−8.2%Reduced
Johnson Financial Group, LLC414,500$5.34M0.33%+381,500+1,156.1%Added
Parallax Volatility Advisers, L.P.411,894$5.31M0.17%+143,394+53.4%Added
Susquehanna Fundamental Investments, LLC393,603$5.07M0.17%−18,326−4.4%Reduced
Q Global Advisors, LLC388,891$5.01M4.93%−116,767−23.1%Reduced
Thompson Siegel & Walmsley LLC386,387$4.98M0.08%−314,937−44.9%Reduced
Nuveen, LLC367,225$4.73M0.00%+129,999+54.8%Added
Huber Capital Management LLC356,500$4.60M0.68%−40,000−10.1%Reduced
AQR Capital Management LLC336,386$4.34M0.00%−8,786−2.5%Reduced
Citadel Advisors LLC326,304$4.21M0.00%+326,304New
CIBC Private Wealth Group, LLC309,249$3.99M0.01%−127,870−29.3%Reduced
Pekin Hardy Strauss, Inc.288,724$3.72M0.34%−137,958−32.3%Reduced
D. E. Shaw & Co., Inc.287,789$3.71M0.00%+36,703+14.6%Added
Counterpoint Mutual Funds LLC261,302$3.37M0.25%+261,302New
SEI Investments Co258,443$3.33M0.00%−5,321−2.0%Reduced
Steel Peak Wealth Management LLC250,000$3.22M0.11%−200,000−44.4%Reduced
Dark Forest Capital Management LP238,918$3.08M0.14%+163,052+214.9%Added
Wolverine Asset Management LLC225,004$2.90M0.04%−1,160−0.5%Reduced
Russell Investments Group, Ltd.220,139$2.84M0.00%+102,534+87.2%Added
State of Wisconsin Investment Board210,874$2.72M0.01%−81,150−27.8%Reduced
Evoke Wealth, LLC204,529$2.64M0.05%+204,529New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.203,316$2.62M0.00%+202,531+25,800.1%Added
Swiss National Bank203,272$2.62M0.00%+5,900+3.0%Added
Readystate Asset Management LP186,607$2.41M0.11%−209,274−52.9%Reduced
Prudential Financial Inc186,046$2.40M0.00%+172,199+1,243.6%Added
UBS Asset Management Americas Inc175,969$2.27M0.00%−14,675−7.7%Reduced
JPMorgan Chase & Co174,311$2.25M0.00%+4,733+2.8%Added
Millennium Management LLC171,727$2.21M0.00%−390,383−69.4%Reduced
Squarepoint Ops LLC167,683$2.16M0.00%+167,683New
Barclays PLC159,600$2.06M0.00%+16,740+11.7%Added
Jacobs Levy Equity Management, Inc159,447$2.06M0.01%−1,436,315−90.0%Reduced
Prentice Capital Management, LP154,209$1.99M3.13%−87,452−36.2%Reduced
UBS Group AG148,883$1.92M0.00%−509,771−77.4%Reduced
Tudor Investment Corp Et Al145,111$1.87M0.01%+145,111New
Landscape Capital Management, L.L.C.139,220$1.79M0.12%+139,220New
Rhumbline Advisers133,011$1.71M0.00%−21,400−13.9%Reduced
Y-Intercept (Hong Kong) Ltd128,475$1.66M0.04%+113,538+760.1%Added
Diversify Wealth Management, LLC103,349$1.61M0.08%−242,036−70.1%Reduced
Engineers Gate Manager LP122,731$1.58M0.02%+122,731New
Marshall Wace, LLP119,850$1.54M0.00%−28,770−19.4%Reduced
O'Shaughnessy Asset Management, LLC119,395$1.54M0.01%−4,716−3.8%Reduced
Verition Fund Management LLC116,931$1.51M0.01%−4,033−3.3%Reduced
Legal & General Group Plc115,760$1.49M0.00%+500.0%Added
Wells Fargo & Company115,624$1.49M0.00%+48,913+73.3%Added
Nomura Asset Management International Inc.112,000$1.44M0.00%+112,000New
Ameriprise Financial Inc108,265$1.40M0.00%−105,881−49.4%Reduced
Alliancebernstein L.P.97,420$1.26M0.00%−600−0.6%Reduced
Price T Rowe Associates Inc96,770$1.25M0.00%−9,950−9.3%Reduced
Janney Montgomery Scott LLC93,955$1.21M0.00%−3,936−4.0%Reduced
California State Teachers Retirement System93,142$1.20M0.00%−110.0%Reduced
SummerHaven Investment Management, LLC82,330$1.06M0.60%00.0%Unchanged
Franklin Resources Inc79,892$1.03M0.00%−39,715−33.2%Reduced
DGS Capital Management, LLC79,577$1.03M0.18%+39,661+99.4%Added
IMC-Chicago, LLC75,268$970.2K0.02%−23,074−23.5%Reduced
Arena Capital Advisors, LLC- CA70,910$914.0K0.55%00.0%Unchanged
Exchange Traded Concepts, LLC69,403$894.6K0.01%−4,961−6.7%Reduced
Susquehanna Portfolio Strategies, LLC68,584$884.0K0.01%00.0%Unchanged
Picton Mahoney Asset Management67,107$865.0K0.01%−39,319−36.9%Reduced
Boothbay Fund Management, LLC64,187$827.4K0.02%+51,711+414.5%Added
Hussman Strategic Advisors, Inc.63,000$812.1K0.20%00.0%Unchanged
Segall Bryant & Hamill, LLC61,533$793.2K0.01%+61,533New
Optimize Financial Inc61,426$791.8K0.40%+880+1.5%Added