Herbalife Ltd. (HLF) SEC 13F Holdings (Q2 2026) — Net Institutional Activity: $131.1M

HLF ranks #2525 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

HLF is a disclosed holding of Seth Klarman (Baupost Group LLC), one of the tracked superinvestors on AlphaSMO — it makes up 2.3% of that fund's own 13F portfolio.

HLF is a top-conviction position for Quantedge Capital Pte Ltd — at 18.4% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in HLF belongs to Baupost Group Llc/ma, but the position matters far more to Quantedge Capital Pte Ltd, who has 18.4% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

California State Teachers Retirement System has added to its HLF position for two straight quarters, increasing it by $117.7M to reach $118.9M today.

Jane Street Group, LLC has trimmed its HLF position for two straight quarters, cutting it by $20.1M while still holding $6.9M.

HLF is down 11.6% today, but institutions show net buying of $131.1M this quarter — a divergence between today's price move and the underlying institutional flow.

HLF posted net income of $164.2M over the trailing twelve months, and currently trades at a P/E of 6.9.

• Profitable — net income of $164.2M over the trailing twelve months
• Revenue grew 5.5% year over year
• Net income declined year over year, from $325.0M to $164.2M
• Generated $333.3M in positive operating cash flow
• Current ratio of 1.13x — below the conventional 1.5x liquidity buffer