HORMEL FOODS CORP HRL
COM · Common Stock · CUSIP 440452100 · ISIN US4404521001
American food processing company
- SectorConsumer staples
- IndustryMeat Packing Plants
- HeadquartersAustin, MN
- Founded1891
- Websitehormel.com
- FilingsSEC EDGAR
* 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 ($63.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.25. Options: 12 managers hold calls ($42.6m notional), 15 hold puts ($31.2m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 669 |
| Q4 2022 | 704 |
| Q1 2023 | 670 |
| Q2 2023 | 648 |
| Q3 2023 | 629 |
| Q4 2023 | 626 |
| Q1 2024 | 641 |
| Q2 2024 | 621 |
| Q3 2024 | 627 |
| Q4 2024 | 643 |
| Q1 2025 | 637 |
| Q2 2025 | 645 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 274 | 302 |
| Q4 2023 | 285 | 317 |
| Q1 2024 | 304 | 306 |
| Q2 2024 | 313 | 302 |
| Q3 2024 | 309 | 276 |
| Q4 2024 | 297 | 289 |
| Q1 2025 | 284 | 316 |
| Q2 2025 | 319 | 296 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $50.2m | $57.5m | 1.14 |
| Q4 2024 | $69.5m | $49.4m | 0.71 |
| Q1 2025 | $46.4m | $27.1m | 0.58 |
| Q2 2025 | $42.6m | $31.2m | 0.73 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +3.5m |
| J. Goldman & Co LP | New | +1.1m |
| UBS Group AG | Added | +964.5k |
| MORGAN STANLEY | Added | +934.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +866.3k |
| VANGUARD GROUP INC | Added | +805.4k |
| ROYAL BANK OF CANADA | Added | +801.0k |
| DEUTSCHE BANK AG\ | Added | +788.5k |
| AQR CAPITAL MANAGEMENT LLC | Added | +690.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +679.3k |
Biggest sellers
| STIFEL FINANCIAL CORP | Reduced | -3.4m |
| Pacer Advisors, Inc. | Reduced | -2.3m |
| D. E. Shaw & Co., Inc. | Reduced | -1.2m |
| Squarepoint Ops LLC | Reduced | -1.1m |
| SummitTX Capital, L.P. | Sold out | -591.1k |
| Invesco Ltd. | Reduced | -482.0k |
| JPMORGAN CHASE & CO | Reduced | -478.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -394.9k |
| FINANCIAL COUNSELORS INC | Sold out | -385.4k |
| ProShare Advisors LLC | Reduced | -348.8k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $10.1m334.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.6m252.5k shares |
| SIMPLEX TRADING, LLC | Added | $6.0m198.0k shares |
| CITADEL ADVISORS LLC | Reduced | $4.8m158.5k shares |
| Walleye Trading LLC | Added | $4.5m148.0k shares |
| GROUP ONE TRADING LLC | Added | $4.2m139.7k shares |
| IMC-Chicago, LLC | Reduced | $2.5m83.4k shares |
| WOLVERINE TRADING, LLC | Added | $1.6m52.8k shares |
| TUDOR INVESTMENT CORP ET AL | New | $680.6k22.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $505.2k16.7k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $8.1m266.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.5m183.2k shares |
| JANE STREET GROUP, LLC | Added | $2.8m93.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $2.7m90.0k shares |
| IMC-Chicago, LLC | Added | $2.3m77.6k shares |
| SIMPLEX TRADING, LLC | Added | $2.2m71.4k shares |
| UBS Group AG | New | $1.8m60.0k shares |
| Walleye Trading LLC | Reduced | $1.6m51.9k shares |
| WOLVERINE TRADING, LLC | Added | $1.5m49.4k shares |
| GROUP ONE TRADING LLC | Reduced | $983.1k32.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27), STATE STREET CORP (5.0%, 2026-02-09)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 2 | $58.5k | 0 | — | — |
| Q4 2023 | 0 | — | 4 | $1.0m | — |
| Q1 2024 | 0 | — | 2 | $1.4m | — |
| Q2 2024 | 1 | $25.0k | 2 | $641.0k | — |
| Q3 2024 | 0 | — | 3 | $2.3m | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $136.8k | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 36.9m $1.1bn | Added +805.4k |
| STATE STREET CORP 0.03% of their portfolio | 28.1m $849.1m | Added +354.3k |
| BlackRock, Inc. 0.01% of their portfolio | 24.6m $744.6m | Reduced -286.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 7.9m $237.6m | Added +166.2k |
| Invesco Ltd. 0.04% of their portfolio | 6.8m $205.9m | Reduced -482.0k |
| CITADEL ADVISORS LLC 0.17% of their portfolio | 6.5m $195.9m | Added +3.5m |
| MORGAN STANLEY 0.01% of their portfolio | 5.5m $166.2m | Added +934.1k |
| ProShare Advisors LLC 0.31% of their portfolio | 5.2m $156.9m | Reduced -348.8k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 4.6m $138.1m | Added +409.5k |
| MAIRS & POWER INC 1.26% of their portfolio | 4.2m $127.7m | Reduced -51.4k |
| UBS Group AG 0.03% of their portfolio | 4.0m $119.7m | Added +964.5k |
| MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio | 3.9m $117.6m | Added +866.3k |
| NORGES BANK 0.01% of their portfolio | 3.3m $101.2m | Reduced -61.6k |
| Holocene Advisors, LP 0.24% of their portfolio | 3.3m $98.9m | Added +114.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 3.2m $97.4m | Added +211.0k |
| Champlain Investment Partners, LLC 0.67% of their portfolio | 3.1m $95.3m | Reduced -128.4k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 2.8m $85.6m | Reduced -3.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 2.8m $84.8m | Added +679.3k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 2.4m $73.9m | Added +788.5k |
| TWO SIGMA ADVISERS, LP 0.15% of their portfolio | 2.4m $71.5m | Added +215.0k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 2.2m $67.9m | Added +98.2k |
| GATES FOUNDATION TRUST 0.14% of their portfolio | 2.2m $66.4m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.1m $62.4m | Added +218.8k |
| Alyeska Investment Group, L.P. 0.22% of their portfolio | 2.0m $61.2m | Added +59.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.0m $60.4m | Added +78.3k |
| STIFEL FINANCIAL CORP 0.05% of their portfolio | 1.8m $53.8m | Reduced -3.4m |
| Vest Financial, LLC 0.74% of their portfolio | 1.7m $52.4m | Reduced -41.6k |
| Amundi 0.02% of their portfolio | 1.7m $51.5m | Added +582.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 1.6m $49.5m | Reduced -175.9k |
| Balyasny Asset Management L.P. 0.10% of their portfolio | 1.5m $45.7m | Added +220.7k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 1.5m $45.6m | Added +690.4k |
| Legal & General Group Plc 0.01% of their portfolio | 1.4m $43.0m | Added +1.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.4m $42.8m | Added +517.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.4m $42.7m | Reduced -478.8k |
| TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio | 1.4m $42.5m | Added +279.8k |
| NOMURA ASSET MANAGEMENT CO LTD 0.11% of their portfolio | 1.3m $38.8m | Reduced -29.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.2m $36.4m | Added +801.0k |
| J. Goldman & Co LP 1.02% of their portfolio | 1.1m $32.6m | New |
| California Public Employees Retirement System 0.02% of their portfolio | 1.1m $32.1m | Reduced -223.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 1.1m $31.9m | Reduced -94.5k |
| BARCLAYS PLC 0.01% of their portfolio | 1.0m $30.9m | Added +210.9k |
| GRANDFIELD & DODD, LLC 1.73% of their portfolio | 974.6k $29.5m | Reduced -1.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 959.3k $29.0m | Added +50.2k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 942.8k $28.5m | Added +126.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 934.5k $28.3m | Reduced -394.9k |
| Swiss National Bank 0.02% of their portfolio | 915.7k $27.7m | Added +63.7k |
| Nuveen, LLC 0.01% of their portfolio | 773.0k $23.4m | Added +15.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 755.9k $22.9m | Added +84.2k |
| PRUDENTIAL FINANCIAL INC 0.03% of their portfolio | 745.1k $22.5m | Added +503.7k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 678.6k $20.5m | Reduced -14.5k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 668.3k $20.2m | Reduced -14.5k |
| Ensign Peak Advisors, Inc 0.03% of their portfolio | 642.2k $19.4m | Added +76.5k |
| Woodline Partners LP 0.10% of their portfolio | 639.7k $19.4m | Added +615.1k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 627.0k $19.0m | Reduced -1.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 622.8k $18.8m | Added +63.3k |
| First Nebraska Trust Co 1.71% of their portfolio | 589.3k $17.8m | Reduced -2.7k |
| CWM, LLC 0.06% of their portfolio | 580.1k $17.5m | Added +29.1k |
| US BANCORP \DE\ 0.02% of their portfolio | 571.2k $17.3m | Reduced -15.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 538.7k $16.3m | Added +101.6k |
| TD Asset Management Inc 0.01% of their portfolio | 515.8k $15.6m | Added +41.4k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 495.7k $15.0m | Reduced -24.4k |
| SJS Investment Consulting Inc. 2.28% of their portfolio | 475.4k $14.4m | Added +4.6k |
| Distillate Capital Partners LLC 0.76% of their portfolio | 470.3k $14.2m | Reduced -33.6k |
| MATHER GROUP, LLC. 0.15% of their portfolio | 459.7k $13.9m | Reduced -5.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 435.5k $13.2m | Added +6.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 435.4k $13.2m | Reduced -17.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 433.2k $13.1m | Reduced -60.7k |
| QV Investors Inc. 1.23% of their portfolio | 414.7k $12.5m | Added +174.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 413.6k $12.5m | Reduced -240.6k |
| AMG National Trust Bank 0.32% of their portfolio | 398.2k $12.0m | Reduced -2.0k |
| Freestone Grove Partners LP 0.09% of their portfolio | 397.9k $12.0m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 388.7k $11.8m | Reduced -1.2m |
| Midwest Trust Co 0.16% of their portfolio | 380.5k $11.5m | First filing |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 372.1k $11.3m | Added +19.6k |
| Asset Management One Co., Ltd. 0.04% of their portfolio | 369.3k $11.2m | Added +128.3k |
| CITIGROUP INC 0.01% of their portfolio | 357.8k $10.8m | Reduced -100.0k |
| Federation des caisses Desjardins du Quebec 0.05% of their portfolio | 347.9k $10.5m | Reduced -3.6k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 334.8k $10.1m | Reduced -4.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 322.7k $9.8m | Added +2.3k |
| Meiji Yasuda Asset Management Co Ltd. 0.46% of their portfolio | 303.9k $9.2m | Reduced -18.7k |
| EPIQ PARTNERS, LLC 4.65% of their portfolio | 301.8k $9.1m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 296.8k $9.0m | Added +119.5k |
| Aberdeen Group plc 0.02% of their portfolio | 296.5k $8.9m | Added +20.1k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 296.3k $9.0m | Added +17.1k |
| Swedbank AB 0.01% of their portfolio | 288.6k $8.7m | First filing |
| HRT FINANCIAL LP 0.05% of their portfolio | 285.4k $8.6m | New |
| Man Group plc 0.02% of their portfolio | 269.5k $8.2m | Added +84.4k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.02% of their portfolio | 267.2k $8.1m | Reduced -453 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 266.9k $8.1m | Added +1.4k |
| Janney Montgomery Scott LLC 0.02% of their portfolio | 263.8k $8.0m | Added +816 |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 260.7k $7.9m | Added +36.7k |
| Dorsey & Whitney Trust CO LLC 0.39% of their portfolio | 243.4k $7.4m | Reduced -2.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 237.4k $7.2m | Added +152 |
| Night Squared LP 3.18% of their portfolio | 236.2k $7.1m | New |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 231.8k $7.0m | Reduced -2.1k |
| FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND 0.06% of their portfolio | 227.6k $6.9m | Added +51.1k |
| AVIVA PLC 0.01% of their portfolio | 224.9k $6.8m | Added +14.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 220.3k $6.7m | Added +22.7k |
| Wealthfront Advisers LLC 0.02% of their portfolio | 220.0k $6.7m | Added +200.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 216.4k $6.5m | Reduced -69.2k |