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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
Cerity Partners LLC30,610$394.6K0.00%+6,409+26.5%Added
Quadrant Capital Group LLC31,282$403.2K0.01%00.0%Unchanged
New York State Common Retirement Fund32,134$414.2K0.00%00.0%Unchanged
Fox Run Management, L.L.C.34,174$440.5K0.07%+19,480+132.6%Added
Penn Capital Management Co Inc34,854$449.3K0.04%+34,854New
CWM Advisors, LLC36,117$465.5K0.04%−17,063−32.1%Reduced
Campbell & CO Investment Adviser LLC36,774$474.0K0.02%+36,774New
Public Employees Retirement System of Ohio37,127$478.6K0.00%+21,926+144.2%Added
BNP Paribas Arbitrage, SA37,643$485.2K0.00%+9,641+34.4%Added
Creative Planning39,871$513.9K0.00%+12,869+47.7%Added
Zurcher Kantonalbank (Zurich Cantonalbank)39,969$515.2K0.00%+5,256+15.1%Added
Massachusetts Financial Services Co40,526$522.4K0.00%−1,344−3.2%Reduced
Los Angeles Capital Management LLC69,572$539.2K0.00%−54,730−44.0%Reduced
KLP Kapitalforvaltning AS41,900$540.1K0.00%+16,700+66.3%Added
Intech Investment Management LLC42,481$547.6K0.00%00.0%Unchanged
Walleye Trading LLC43,551$561.4K0.01%+35,064+413.1%Added
Avaii Wealth Management, LLC43,570$561.6K0.20%−17,491−28.6%Reduced
Caption Management, LLC44,700$576.2K0.03%−20,300−31.2%Reduced
McMahon Financial Advisors, LLC45,080$581.1K0.12%−8,300−15.5%Reduced
Graham Capital Management, L.P.45,955$592.4K0.02%−38,873−45.8%Reduced
Quantinno Capital Management LP47,270$609.3K0.00%+16,788+55.1%Added
Walleye Capital LLC47,325$610.0K0.00%+33,669+246.6%Added
Janus Henderson Group PLC47,505$612.6K0.00%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.47,547$612.9K0.00%+65+0.1%Added
SG Americas Securities, LLC48,297$623.0K0.00%−42,859−47.0%Reduced
PharVision Advisers, LLC49,915$643.4K0.33%−7,405−12.9%Reduced
Tweedy, Browne Co LLC51,480$663.6K0.05%+7,344+16.6%Added
MetLife Investment Management53,982$695.8K0.00%−5,005−8.5%Reduced
Kearns & Associates LLC56,900$733.4K0.38%00.0%Unchanged
State of Wyoming57,825$745.4K0.08%+24,876+75.5%Added
Lighthouse Investment Partners, LLC57,995$747.6K0.02%+57,995New
Optimize Financial Inc61,426$791.8K0.40%+880+1.5%Added
Segall Bryant & Hamill, LLC61,533$793.2K0.01%+61,533New
Hussman Strategic Advisors, Inc.63,000$812.1K0.20%00.0%Unchanged
Boothbay Fund Management, LLC64,187$827.4K0.02%+51,711+414.5%Added
Picton Mahoney Asset Management67,107$865.0K0.01%−39,319−36.9%Reduced
Susquehanna Portfolio Strategies, LLC68,584$884.0K0.01%00.0%Unchanged
Exchange Traded Concepts, LLC69,403$894.6K0.01%−4,961−6.7%Reduced
Arena Capital Advisors, LLC- CA70,910$914.0K0.55%00.0%Unchanged
IMC-Chicago, LLC75,268$970.2K0.02%−23,074−23.5%Reduced
DGS Capital Management, LLC79,577$1.03M0.18%+39,661+99.4%Added
Franklin Resources Inc79,892$1.03M0.00%−39,715−33.2%Reduced
SummerHaven Investment Management, LLC82,330$1.06M0.60%00.0%Unchanged
California State Teachers Retirement System93,142$1.20M0.00%−110.0%Reduced
Janney Montgomery Scott LLC93,955$1.21M0.00%−3,936−4.0%Reduced
Price T Rowe Associates Inc96,770$1.25M0.00%−9,950−9.3%Reduced
Alliancebernstein L.P.97,420$1.26M0.00%−600−0.6%Reduced
Ameriprise Financial Inc108,265$1.40M0.00%−105,881−49.4%Reduced
Nomura Asset Management International Inc.112,000$1.44M0.00%+112,000New
Wells Fargo & Company115,624$1.49M0.00%+48,913+73.3%Added
Legal & General Group Plc115,760$1.49M0.00%+500.0%Added
Verition Fund Management LLC116,931$1.51M0.01%−4,033−3.3%Reduced
O'Shaughnessy Asset Management, LLC119,395$1.54M0.01%−4,716−3.8%Reduced
Marshall Wace, LLP119,850$1.54M0.00%−28,770−19.4%Reduced
Engineers Gate Manager LP122,731$1.58M0.02%+122,731New
Diversify Wealth Management, LLC103,349$1.61M0.08%−242,036−70.1%Reduced
Y-Intercept (Hong Kong) Ltd128,475$1.66M0.04%+113,538+760.1%Added
Rhumbline Advisers133,011$1.71M0.00%−21,400−13.9%Reduced
Landscape Capital Management, L.L.C.139,220$1.79M0.12%+139,220New
Tudor Investment Corp Et Al145,111$1.87M0.01%+145,111New
UBS Group AG148,883$1.92M0.00%−509,771−77.4%Reduced
Prentice Capital Management, LP154,209$1.99M3.13%−87,452−36.2%Reduced
Jacobs Levy Equity Management, Inc159,447$2.06M0.01%−1,436,315−90.0%Reduced
Barclays PLC159,600$2.06M0.00%+16,740+11.7%Added
Squarepoint Ops LLC167,683$2.16M0.00%+167,683New
Millennium Management LLC171,727$2.21M0.00%−390,383−69.4%Reduced
JPMorgan Chase & Co174,311$2.25M0.00%+4,733+2.8%Added
UBS Asset Management Americas Inc175,969$2.27M0.00%−14,675−7.7%Reduced
Prudential Financial Inc186,046$2.40M0.00%+172,199+1,243.6%Added
Readystate Asset Management LP186,607$2.41M0.11%−209,274−52.9%Reduced
Swiss National Bank203,272$2.62M0.00%+5,900+3.0%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.203,316$2.62M0.00%+202,531+25,800.1%Added
Evoke Wealth, LLC204,529$2.64M0.05%+204,529New
State of Wisconsin Investment Board210,874$2.72M0.01%−81,150−27.8%Reduced
Russell Investments Group, Ltd.220,139$2.84M0.00%+102,534+87.2%Added
Wolverine Asset Management LLC225,004$2.90M0.04%−1,160−0.5%Reduced
Dark Forest Capital Management LP238,918$3.08M0.14%+163,052+214.9%Added
Steel Peak Wealth Management LLC250,000$3.22M0.11%−200,000−44.4%Reduced
SEI Investments Co258,443$3.33M0.00%−5,321−2.0%Reduced
Counterpoint Mutual Funds LLC261,302$3.37M0.25%+261,302New
D. E. Shaw & Co., Inc.287,789$3.71M0.00%+36,703+14.6%Added
Pekin Hardy Strauss, Inc.288,724$3.72M0.34%−137,958−32.3%Reduced
CIBC Private Wealth Group, LLC309,249$3.99M0.01%−127,870−29.3%Reduced
Citadel Advisors LLC326,304$4.21M0.00%+326,304New
AQR Capital Management LLC336,386$4.34M0.00%−8,786−2.5%Reduced
Huber Capital Management LLC356,500$4.60M0.68%−40,000−10.1%Reduced
Nuveen, LLC367,225$4.73M0.00%+129,999+54.8%Added
Thompson Siegel & Walmsley LLC386,387$4.98M0.08%−314,937−44.9%Reduced
Q Global Advisors, LLC388,891$5.01M4.93%−116,767−23.1%Reduced
Susquehanna Fundamental Investments, LLC393,603$5.07M0.17%−18,326−4.4%Reduced
Parallax Volatility Advisers, L.P.411,894$5.31M0.17%+143,394+53.4%Added
Johnson Financial Group, LLC414,500$5.34M0.33%+381,500+1,156.1%Added
Bank of New York Mellon Corp439,002$5.66M0.00%−39,109−8.2%Reduced
Group One Trading, L.P.502,247$6.47M0.19%+178,463+55.1%Added
Bank of America Corp509,723$6.57M0.00%−982,350−65.8%Reduced
Invesco Ltd.513,920$6.62M0.00%−249,937−32.7%Reduced
Mitsubishi UFJ Trust & Banking Corp529,523$6.83M0.02%−37,317−6.6%Reduced
Victory Capital Management Inc547,818$7.06M0.00%+536,295+4,654.1%Added
Hotchkis & Wiley Capital Management LLC563,210$7.26M0.02%−14,500−2.5%Reduced
Connor, Clark & Lunn Investment Management Ltd.612,166$7.89M0.02%−258,243−29.7%Reduced