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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
Bessemer Group Inc10$00.00%00.0%Unchanged
Covestor Ltd11$00.00%−1−8.3%Reduced
Dunhill Financial, LLC1$160.00%+1New
Smartleaf Asset Management LLC2$260.00%+2New
Hughes Financial Services, LLC2$260.00%+2New
National Bank of Canada4$510.00%+4New
Clearstead Advisors, LLC6$780.00%−32−84.2%Reduced
MAI Capital Management6$780.00%+6New
Financial Consulate, Inc10$1290.00%−20−66.7%Reduced
Federation des caisses Desjardins du Quebec12$1550.00%00.0%Unchanged
Sunbelt Securities, Inc.14$1800.00%+14New
Bare Financial Services, Inc35$4510.00%+35New
True Wealth Design, LLC35$4520.00%−172−83.1%Reduced
Bell Investment Advisors, Inc38$4900.00%00.0%Unchanged
Kilter Group LLC44$5680.00%−14−24.1%Reduced
SBI Securities Co., Ltd.46$5930.00%+22+91.7%Added
Parallel Advisors, LLC50$6450.00%+14+38.9%Added
Optiver Holding B.V.56$7220.00%−296−84.1%Reduced
IFP Advisors, Inc58$7480.00%00.0%Unchanged
Optima Capital LLC60$7730.00%+60New
Pinnacle Wealth Planning Services, Inc.72$9280.00%+72New
TD Private Client Wealth LLC73$9410.00%00.0%Unchanged
Parkside Financial Bank & Trust80$1.03K0.00%00.0%Unchanged
Huntington National Bank84$1.08K0.00%00.0%Unchanged
Medallion Wealth Advisors, LLC115$1.48K0.00%00.0%Unchanged
Torren Management, LLC132$1.70K0.00%+132New
The PNC Financial Services Group, Inc.133$1.71K0.00%+100+303.0%Added
US Bancorp137$1.77K0.00%+22+19.1%Added
Private Trust Co NA161$2.08K0.00%00.0%Unchanged
Elequin Capital LP168$2.17K0.00%+168New
Rothschild Investment LLC249$3.21K0.00%−6−2.4%Reduced
Gen-Wealth Partners Inc266$3.43K0.00%00.0%Unchanged
Umb Bank N A316$4.07K0.00%00.0%Unchanged
Quantbot Technologies LP365$4.71K0.00%−47,290−99.2%Reduced
Farther Finance Advisors, LLC374$4.82K0.00%+317+556.1%Added
Essential Partners LLC472$6.08K0.00%−538−53.3%Reduced
Advisor Group Holdings, Inc.516$6.65K0.00%−214−29.3%Reduced
Federated Hermes, Inc.518$6.68K0.00%+518New
Sound Income Strategies, LLC400$6.79K0.00%00.0%Unchanged
Signaturefd, LLC832$10.7K0.00%00.0%Unchanged
Larson Financial Group LLC866$11.2K0.00%+852+6,085.7%Added
Allworth Financial LP875$11.3K0.00%+74+9.2%Added
Versant Capital Management, Inc1,062$13.7K0.00%+797+300.8%Added
MPWM Advisory Solutions, LLC1,100$14.2K0.01%00.0%Unchanged
Nisa Investment Advisors, LLC1,196$15.4K0.00%−300−20.1%Reduced
Steward Partners Investment Advisory, LLC1,273$16.4K0.00%−28−2.2%Reduced
SRS Capital Advisors, Inc.1,473$19.0K0.00%−10,974−88.2%Reduced
Aster Capital Management (DIFC) Ltd1,988$25.6K0.01%−2,141−51.9%Reduced
WealthCollab, LLC2,845$36.7K0.02%+62+2.2%Added
Amalgamated Bank3,216$41.0K0.00%−263−7.6%Reduced
Quarry LP3,369$43.4K0.01%−5,980−64.0%Reduced
Platinum Investment Management Ltd3,783$48.8K0.01%−12,431−76.7%Reduced
Nomura Asset Management Co Ltd3,800$49.0K0.00%00.0%Unchanged
Royal Bank of Canada3,894$50.0K0.00%+1,171+43.0%Added
EverSource Wealth Advisors, LLC6,544$84.4K0.00%+5,476+512.7%Added
GAMMA Investing LLC7,504$96.7K0.00%+480+6.8%Added
Tower Research Capital LLC (TRC)8,278$106.7K0.00%+2,484+42.9%Added
Ameritas Investment Partners, Inc.8,448$108.9K0.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd8,876$114.4K0.03%+8,876New
New York State Teachers Retirement System9,203$119.0K0.00%+9,203New
Headlands Technologies LLC10,009$129.0K0.01%+10,009New
Scientech Research LLC10,519$135.6K0.09%+10,519New
EMC Capital Management10,745$139.0K0.06%−1,896−15.0%Reduced
JustInvest LLC11,041$142.3K0.00%+635+6.1%Added
Mercer Global Advisors Inc11,788$151.9K0.00%+11,788New
Chicago Trust Co NA11,885$153.2K0.02%00.0%Unchanged
Canada Pension Plan Investment Board11,900$153.4K0.00%+5,300+80.3%Added
Winton Group Ltd12,200$157.3K0.01%+12,200New
Skaana Management L.P.12,340$159.1K0.09%00.0%Unchanged
Ensign Peak Advisors, Inc12,500$161.1K0.00%+12,500New
First Trust Advisors LP12,560$161.9K0.00%+12,560New
Pictet Asset Management Holding SA12,568$162.0K0.00%+12,568New
Centiva Capital, LP12,655$163.1K0.01%+12,655New
State of Alaska, Department of Revenue13,090$168.0K0.00%+13,090New
Mariner, LLC13,066$168.4K0.00%+13,066New
Neuberger Berman Group LLC13,124$169.2K0.00%+634+5.1%Added
Mangrove Partners13,567$174.9K0.01%+13,567New
Public Employees Retirement Association of Colorado13,793$178.0K0.00%00.0%Unchanged
Wealth Enhancement Advisory Services, LLC14,176$199.9K0.00%+933+7.0%Added
Virginia Retirement Systems Et Al16,250$209.5K0.00%+16,250New
Harbor Capital Advisors, Inc.16,488$213.0K0.02%+1,351+8.9%Added
Hollencrest Capital Management17,100$220.4K0.01%00.0%Unchanged
Voya Investment Management LLC18,438$237.7K0.00%−228−1.2%Reduced
ProShare Advisors LLC18,711$241.2K0.00%+1,419+8.2%Added
Van Eck Associates Corp19,420$250.0K0.00%+1,638+9.2%Added
Lazard Asset Management LLC19,449$250.7K0.00%+6,103+45.7%Added
Oxford Asset Management LLP23,440$302.1K0.11%+23,440New
CWM, LLC24,229$312.0K0.00%+1,348+5.9%Added
Martingale Asset Management L P25,015$322.4K0.01%+25,015New
Empowered Funds, LLC26,708$344.3K0.01%+588+2.3%Added
Sterling Capital Management LLC26,998$348.0K0.01%+13,062+93.7%Added
Skopos Labs, Inc.27,789$354.6K0.02%+27,789New
Virtu Financial LLC27,528$355.0K0.01%+27,528New
Police & Firemen's Retirement System of New Jersey28,047$361.5K0.00%00.0%Unchanged
State Board of Administration of Florida Retirement System28,222$363.8K0.00%00.0%Unchanged
Great Lakes Advisors, LLC28,660$369.4K0.00%−691−2.4%Reduced
Arizona State Retirement System28,711$370.1K0.00%−1,426−4.7%Reduced
Ieq Capital, LLC29,196$376.3K0.00%−13,500−31.6%Reduced
Range Financial Group LLC29,442$379.5K0.13%−4,270−12.7%Reduced
Manufacturers Life Insurance Company, The30,471$392.8K0.00%−3,407−10.1%Reduced