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 ($78.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.83. Options: 17 managers hold calls ($100.7m notional), 14 hold puts ($44.2m).
Trends to Q2 2026
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 |
| Q3 2025 | 603 |
| Q4 2025 | 641 |
| Q1 2026 | 635 |
| Q2 2026 | 623 |
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 2024 | 309 | 276 |
| Q4 2024 | 297 | 289 |
| Q1 2025 | 284 | 316 |
| Q2 2025 | 319 | 296 |
| Q3 2025 | 298 | 325 |
| Q4 2025 | 333 | 281 |
| Q1 2026 | 337 | 266 |
| Q2 2026 | 316 | 326 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $48.7m | $45.1m | 0.93 |
| Q4 2025 | $68.0m | $45.4m | 0.67 |
| Q1 2026 | $65.6m | $31.8m | 0.49 |
| Q2 2026 | $100.7m | $44.2m | 0.44 |
Biggest buyers
| DIMENSIONAL FUND ADVISORS LP | Added | +2.5m |
| GOLDMAN SACHS GROUP INC | Added | +2.3m |
| Balyasny Asset Management L.P. | New | +1.2m |
| Nuveen, LLC | Added | +1.2m |
| ProShare Advisors LLC | Added | +807.5k |
| SG Americas Securities, LLC | Added | +514.3k |
| Squarepoint Ops LLC | Added | +498.4k |
| Epoch Investment Partners, Inc. | Added | +486.3k |
| Alyeska Investment Group, L.P. | New | +465.0k |
| Trexquant Investment LP | Added | +463.0k |
Biggest sellers
| BlackRock, Inc. | Reduced | -4.0m |
| CITADEL ADVISORS LLC | Reduced | -3.4m |
| Atlas FRM LLC | Sold out | -2.8m |
| UBS Group AG | Reduced | -2.5m |
| Point72 Asset Management, L.P. | Sold out | -2.4m |
| STATE STREET CORP | Reduced | -1.6m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.4m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.4m |
| Caisse de depot et placement du Quebec | Reduced | -1.3m |
| MORGAN STANLEY | Reduced | -951.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $29.2m1.2m shares |
| JANE STREET GROUP, LLC | Added | $14.5m582.4k shares |
| Great Hill Capital LLC | Added | $14.1m706.6k shares |
| IMC-Chicago, LLC | Added | $6.6m264.7k shares |
| CITADEL ADVISORS LLC | Added | $6.1m244.6k shares |
| Squarepoint Ops LLC | Added | $5.7m230.3k shares |
| Quinn Opportunity Partners LLC | Unchanged | $5.2m210.8k shares |
| Point72 Asset Management, L.P. | Added | $4.3m172.4k shares |
| GROUP ONE TRADING LLC | Added | $3.2m130.8k shares |
| Twin Tree Management, LP | Added | $2.8m114.1k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $13.3m534.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.9m438.4k shares |
| JANE STREET GROUP, LLC | Reduced | $3.5m141.3k shares |
| Point72 Asset Management, L.P. | New | $3.2m127.8k shares |
| SIMPLEX TRADING, LLC | Added | $2.7m110.2k shares |
| Squarepoint Ops LLC | New | $2.6m103.0k shares |
| Walleye Capital LLC | Added | $2.4m94.9k shares |
| IMC-Chicago, LLC | Reduced | $2.3m91.1k shares |
| GROUP ONE TRADING LLC | Reduced | $1.4m55.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $843.9k34.0k 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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $136.8k | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 1 | $321.6k | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 1 | $495.1k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-07-08 | Bhojwani Gary C. Director · Gary C. Bhojwani Revocable Trust | Sold | $495.1k20.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| STATE STREET CORP 0.02% of their portfolio | 25.9m $642.0m | Reduced -1.6m |
| BlackRock, Inc. 0.01% of their portfolio | 19.7m $489.1m | Reduced -4.0m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 19.4m $481.3m | Added +118.4k |
| Invesco Ltd. 0.03% of their portfolio | 15.2m $376.6m | Added +253.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 14.8m $367.4m | Added +118.4k |
| TWO SIGMA INVESTMENTS, LP 0.23% of their portfolio | 12.3m $305.9m | Added +339.0k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 9.4m $232.7m | Added +2.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 8.2m $202.8m | Added +17.7k |
| ProShare Advisors LLC 0.27% of their portfolio | 7.6m $189.4m | Added +807.5k |
| MORGAN STANLEY 0.01% of their portfolio | 6.2m $153.6m | Reduced -951.4k |
| NORGES BANK 0.01% of their portfolio | 5.7m $141.6m | Not comparable |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 5.4m $133.3m | Added +2.3m |
| Nuveen, LLC 0.03% of their portfolio | 4.3m $106.7m | Added +1.2m |
| MAIRS & POWER INC 0.77% of their portfolio | 3.4m $84.3m | Reduced -19.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.7m $66.1m | Reduced -316.4k |
| Epoch Investment Partners, Inc. 0.35% of their portfolio | 2.5m $61.1m | Added +486.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.3m $58.1m | Added +122.6k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 2.3m $57.7m | Reduced -519.4k |
| Vest Financial, LLC 0.60% of their portfolio | 2.3m $56.7m | Added +165.4k |
| UBS Group AG 0.01% of their portfolio | 2.2m $55.5m | Reduced -2.5m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.1m $51.8m | Reduced -319.4k |
| GATES FOUNDATION TRUST 0.15% of their portfolio | 2.1m $51.8m | Unchanged |
| NOMURA ASSET MANAGEMENT CO LTD 0.09% of their portfolio | 1.8m $43.7m | Added +99.8k |
| MILLER HOWARD INVESTMENTS INC /NY 1.16% of their portfolio | 1.8m $43.7m | Added +337.4k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 1.6m $40.9m | Reduced -3.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.6m $42.9m | Reduced -543.1k |
| STIFEL FINANCIAL CORP 0.03% of their portfolio | 1.5m $38.2m | Added +1.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.5m $36.9m | Added +66.9k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 1.4m $34.0m | Reduced -1.4m |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.3m $32.4m | Reduced -587.2k |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 1.2m $29.6m | New |
| Fourth Sail Capital LP 4.23% of their portfolio | 1.1m $27.9m | Added +107.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 1.1m $27.8m | Added +9.3k |
| SG Americas Securities, LLC 0.02% of their portfolio | 1.1m $26.1m | Added +514.3k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 1.0m $25.9m | Added +12.7k |
| GRANDFIELD & DODD, LLC 1.31% of their portfolio | 1.0m $25.0m | Added +10.8k |
| MASTERS CAPITAL MANAGEMENT LLC 3.49% of their portfolio | 1.0m $24.8m | Added +150.0k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 942.4k $23.4m | Added +122.5k |
| Quantinno Capital Management LP 0.03% of their portfolio | 930.3k $23.1m | Added +432.9k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 911.8k $22.6m | Reduced -3.4m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio | 872.7k $21.7m | Reduced -783.5k |
| Gotham Asset Management, LLC 0.05% of their portfolio | 810.4k $20.1m | Added +182.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 749.1k $18.6m | Reduced -62.7k |
| Amundi 0.00% of their portfolio | 732.9k $18.2m | Reduced -771.3k |
| Fidelity National Financial, Inc. 0.52% of their portfolio | 660.0k $16.4m | Unchanged |
| Vanguard Global Advisers, LLC 0.01% of their portfolio | 631.1k $15.7m | Added +16.0k |
| US BANCORP \DE\ 0.02% of their portfolio | 631.1k $15.7m | Added +114.8k |
| Trexquant Investment LP 0.10% of their portfolio | 630.7k $15.7m | Added +463.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 618.5k $15.4m | Added +87.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 617.3k $15.3m | Added +59.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 594.3k $14.8m | Reduced -1.4m |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 584.9k $14.5m | Reduced -306.3k |
| Swiss National Bank 0.01% of their portfolio | 580.2k $14.4m | Reduced -307.7k |
| First Nebraska Trust Co 1.11% of their portfolio | 552.2k $13.7m | Reduced -392 |
| Squarepoint Ops LLC 0.03% of their portfolio | 540.5k $13.4m | Added +498.4k |
| Quinn Opportunity Partners LLC 0.62% of their portfolio | 536.3k $13.3m | Added +96.5k |
| Meiji Yasuda Asset Management Co Ltd. 0.59% of their portfolio | 528.8k $13.1m | Added +40.1k |
| CITIGROUP INC 0.01% of their portfolio | 507.8k $12.6m | Reduced -66.4k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 498.8k $12.4m | Added +118.5k |
| Legal & General Group Plc 0.00% of their portfolio | 493.6k $12.3m | Reduced -589.2k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 492.2k $12.2m | Added +77.2k |
| BARCLAYS PLC 0.00% of their portfolio | 477.7k $11.9m | Reduced -222.7k |
| SJS Investment Consulting Inc. 1.28% of their portfolio | 475.5k $11.8m | Added +1.3k |
| Alyeska Investment Group, L.P. 0.03% of their portfolio | 465.0k $11.5m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 456.0k $11.3m | Added +155.3k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 451.2k $11.2m | Reduced -148.9k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 448.5k $11.2m | Reduced -59.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 439.0k $10.9m | Added +8.7k |
| Great Hill Capital LLC 5.25% of their portfolio | 437.7k $10.9m | Added +91.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 405.1k $10.1m | Reduced -135.9k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 385.3k $9.6m | Added +367.0k |
| Cambria Investment Management, L.P. 0.45% of their portfolio | 368.4k $9.1m | New |
| ExodusPoint Capital Management, LP 0.08% of their portfolio | 361.1k $9.0m | New |
| AMG National Trust Bank 0.17% of their portfolio | 336.0k $8.3m | Reduced -2.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 332.8k $8.3m | Reduced -28.5k |
| TD Asset Management Inc 0.01% of their portfolio | 321.6k $8.0m | Reduced -162.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 318.2k $7.9m | Reduced -24.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 303.4k $6.9m | Reduced -50.8k |
| EPIQ PARTNERS, LLC 3.18% of their portfolio | 301.8k $7.5m | Unchanged |
| Adams Asset Advisors, LLC 0.84% of their portfolio | 298.8k $7.4m | Added +16.9k |
| Cresset Asset Management, LLC 0.03% of their portfolio | 297.2k $7.4m | Reduced -586 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 286.5k $7.1m | Reduced -52.1k |
| Janney Montgomery Scott LLC 0.01% of their portfolio | 284.9k $7.1m | Reduced -32.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 284.6k $7.1m | Added +131.6k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 282.4k $7.0m | Added +126.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 278.9k $6.9m | Added +196.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 274.5k $6.8m | Reduced -14.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 265.4k $6.6m | Added +64.4k |
| Fiduciary Alliance LLC 0.44% of their portfolio | 262.0k $6.5m | Added +90.3k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 261.9k $6.5m | Added +2.7k |
| NATIXIS 0.03% of their portfolio | 257.7k $6.4m | New |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.40% of their portfolio | 246.0k $6.1m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 241.0k $6.0m | Added +3.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 235.5k $5.8m | Reduced -711.8k |
| Creative Planning 0.00% of their portfolio | 232.1k $5.8m | Added +8.8k |
| Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio | 228.6k $5.7m | Added +115.4k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 227.3k $5.6m | Added +7.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 223.8k $5.6m | Reduced -23.7k |
| Dorsey & Whitney Trust CO LLC 0.25% of their portfolio | 207.1k $5.1m | Added +5.3k |
| Aquatic Capital Management LLC 0.18% of their portfolio | 206.6k $5.1m | New |