Joel Greenblatt's HRL Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 48,590 shares of Hormel Foods Corporation (HRL) worth $1.2 M, representing 0.01% of the portfolio. First purchased in 2013-Q3, this long-term strategic position has been held for 49 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in HRL, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2015, adding 4.42 M shares. Largest reduction occurred in Q3 2015, reducing 4.29 M shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Hormel Foods Corporation (HRL) Holding Value Over Time
Track share changes against reported price movement
Quarterly Hormel Foods Corporation (HRL) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2013 | +79,248 | New Buy | 79,248 | $10.52 |
| Q4 2013 | -39,552 | Reduce 49.91% | 39,696 | $11.29 |
| Q1 2014 | +1.51 M | Add 3795.89% | 1.55 M | $12.32 |
| Q2 2014 | -1.55 M | Sold Out | 1.55 M | $12.32 |
| Q4 2014 | +207,296 | New Buy | 207,296 | $13.02 |
| Q1 2015 | -207,296 | Sold Out | 207,296 | $13.02 |
| Q2 2015 | +4.62 M | New Buy | 4.62 M | $14.09 |
| Q3 2015 | -4.29 M | Reduce 92.76% | 334,636 | $15.83 |
| Q4 2015 | -184,156 | Reduce 55.03% | 150,480 | $19.77 |
| Q1 2016 | -72,149 | Reduce 47.95% | 78,331 | $43.24 |
| Q2 2016 | +139,967 | Add 178.69% | 218,298 | $36.60 |
| Q3 2016 | -158,106 | Reduce 72.43% | 60,192 | $37.93 |
| Q4 2016 | +795,942 | Add 1322.34% | 856,134 | $34.81 |
| Q1 2017 | +161,102 | Add 18.82% | 1.02 M | $34.63 |
| Q2 2017 | -607,353 | Reduce 59.71% | 409,883 | $34.11 |
| Q3 2017 | +15 | Add 0.00% | 409,898 | $32.14 |
| Q4 2017 | +49,373 | Add 12.05% | 459,271 | $36.39 |
| Q1 2018 | -323,814 | Reduce 70.51% | 135,457 | $34.32 |
| Q2 2018 | -135,457 | Sold Out | 135,457 | $34.32 |
| Q4 2018 | +130,535 | New Buy | 130,535 | $42.68 |
| Q1 2019 | +90,077 | Add 69.01% | 220,612 | $44.76 |
| Q2 2019 | +29,519 | Add 13.38% | 250,131 | $40.54 |
| Q3 2019 | -235,631 | Reduce 94.20% | 14,500 | $43.72 |
| Q4 2019 | -14,500 | Sold Out | 14,500 | $43.72 |
| Q3 2020 | +12,138 | New Buy | 12,138 | $48.85 |
| Q4 2020 | -12,138 | Sold Out | 12,138 | $48.85 |
| Q4 2021 | +9,146 | New Buy | 9,146 | $48.76 |
| Q1 2022 | +60,409 | Add 660.50% | 69,555 | $51.54 |
| Q2 2022 | -39,053 | Reduce 56.15% | 30,502 | $47.37 |
| Q3 2022 | +25,456 | Add 83.46% | 55,958 | $45.44 |
| Q4 2022 | -55,958 | Sold Out | 55,958 | $45.44 |
| Q1 2023 | +23,574 | New Buy | 23,574 | $39.88 |
| Q2 2023 | +86,948 | Add 368.83% | 110,522 | $40.22 |
| Q3 2023 | +8,724 | Add 7.89% | 119,246 | $38.03 |
| Q4 2023 | +37,452 | Add 31.41% | 156,698 | $32.11 |
| Q1 2024 | +176,580 | Add 112.69% | 333,278 | $34.89 |
| Q2 2024 | -99,729 | Reduce 29.92% | 233,549 | $30.49 |
| Q3 2024 | -197,925 | Reduce 84.75% | 35,624 | $31.70 |
| Q4 2024 | +7,661 | Add 21.51% | 43,285 | $31.37 |
| Q1 2025 | -14,843 | Reduce 34.29% | 28,442 | $30.94 |
| Q2 2025 | +16,821 | Add 59.14% | 45,263 | $30.25 |
| Q3 2025 | +3,327 | Add 7.35% | 48,590 | $24.74 |
Joel Greenblatt's Hormel Foods Corporation Investment FAQs
Joel Greenblatt first purchased Hormel Foods Corporation (HRL) in Q3 2013, acquiring 79,248 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Hormel Foods Corporation (HRL) for 49 quarters since Q3 2013.
Joel Greenblatt's largest addition to Hormel Foods Corporation (HRL) was in Q2 2015, adding 4,624,800 shares worth $65.18 M.
According to the latest 13F filing for Q3 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 48,590 shares of Hormel Foods Corporation (HRL), valued at approximately $1.2 M.
As of the Q3 2025 filing, Hormel Foods Corporation (HRL) represents approximately 0.01% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Hormel Foods Corporation (HRL) was 4,624,800 shares, as reported at the end of Q2 2015.