HERBALIFE LTD HLF 4.25 06.15.28
NOTE 4.250% 6/1 · US DOMESTIC · CUSIP 42703MAF0
25
institutional holders
+0 vs Q4 2024
17.5m
shares reported held*
$210.5mreported value*
8 new
6 added
5 reduced
7 sold out
net bought ≈ $10.7m (+10.5m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.18.
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2024 | 20 |
| Q4 2024 | 25 |
| Q1 2025 | 25 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2024 | 14 | 10 |
| Q1 2025 | 14 | 12 |
Biggest buyers
| JANUS HENDERSON GROUP PLC | Added | +8.7m |
| Jefferies Financial Group Inc. | New | +7.5m |
| OAKTREE CAPITAL MANAGEMENT LP | New | +4.8m |
| Russell Investments Group, Ltd. | Added | +4.7m |
| FMR LLC | New | +3.2m |
| AGF MANAGEMENT LTD | New | +3.1m |
| BARINGS LLC | Added | +3.1m |
| ALGEBRIS (UK) LTD | New | +2.0m |
| WHITEBOX ADVISORS LLC | Added | +517.0k |
| DEUTSCHE BANK AG\ | Added | +384.0k |
Biggest sellers
| MOORE CAPITAL MANAGEMENT, LP | Sold out | -6.4m |
| ADVENT CAPITAL MANAGEMENT /DE/ | Reduced | -5.1m |
| Atlas Merchant Capital LLC | Sold out | -4.0m |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | Reduced | -3.5m |
| Brevan Howard Capital Management LP | Sold out | -2.0m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.5m |
| JPMORGAN CHASE & CO | Sold out | -1.5m |
| CAPSTONE INVESTMENT ADVISORS, LLC | Sold out | -1.0m |
| BANK OF AMERICA CORP /DE/ | Sold out | -780.0k |
| NOMURA HOLDINGS INC | Reduced | -175.7k |
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| Route One Investment Company, L.P. 2.14% of their portfolio | 59.5m $51.4m | Unchanged |
| WHITEBOX ADVISORS LLC 1.06% of their portfolio | 37.4m $32.1m | Added +517.0k |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 1.10% of their portfolio | 28.8m $24.9m | Reduced -3.5m |
| BARINGS LLC 0.48% of their portfolio | 22.5m $19.3m | Added +3.1m |
| BAUPOST GROUP LLC/MA 0.42% of their portfolio | 17.1m $14.8m | Unchanged |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 15.4m $13.4m | Added +8.7m |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 14.2m $12.3m | Reduced -1.5m |
| ADVENT CAPITAL MANAGEMENT /DE/ 0.22% of their portfolio | 11.0m $9.5m | Reduced -5.1m |
| Jefferies Financial Group Inc. 0.11% of their portfolio | 7.5m $6.5m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 6.1m $5.4m | Added +4.7m |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 5.9m $5.1m | Added +384.0k |
| OAKTREE CAPITAL MANAGEMENT LP 0.08% of their portfolio | 4.8m $4.1m | New |
| FMR LLC 0.00% of their portfolio | 3.2m $2.7m | New |
| AGF MANAGEMENT LTD 0.01% of their portfolio | 3.1m $2.7m | New |
| PALISADE CAPITAL MANAGEMENT, LP 0.05% of their portfolio | 2.0m $1.7m | Unchanged |
| ALGEBRIS (UK) LTD 0.29% of their portfolio | 2.0m $1.6m | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 1.2m $1.0m | Added +266.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 275.0k $237.7k | Unchanged |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 119.7k $1.0m | Reduced -175.7k |
| Abacus Planning Group, Inc. 0.02% of their portfolio | 100.0k $86.4k | New |
| CITIGROUP INC 0.00% of their portfolio | 51.0k $43.7k | Reduced -1.0k |
| VIRTUS ADVISERS, LLC 0.03% of their portfolio | 47.0k $40.3k | New |
| Chicago Capital Management, LLC 1.11% of their portfolio | 2.0k $1.8m | Unchanged |
| Alpine Global Management, LLC 0.46% of their portfolio | 2.0k $1.7m | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |