Seth Klarman's HLF Position Overview
Seth Klarman (via Baupost Group Llc/Ma) currently holds 9.26 M shares of Herbalife Ltd. (HLF) worth $119.36 M, representing 2.26% of the portfolio. First purchased in 2022-Q4, this medium-term investment has been held for 13 quarters.
Based on 13F filings, Seth Klarman has maintained a strategic position in HLF, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2024, adding 2.88 M shares. Largest reduction occurred in Q3 2023, reducing 260,855 shares.
Analysis based on 13F filings available since 2013 Q2
Seth Klarman's Herbalife (HLF) Holding Value Over Time
Track share changes against reported price movement
Quarterly Herbalife (HLF) Trades by Seth Klarman
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2022 | +2 M | New Buy | 2 M | $0.01 |
| Q1 2023 | -45,800 | Reduce 2.29% | 1.95 M | $16.10 |
| Q3 2023 | -260,855 | Reduce 13.35% | 1.69 M | $0.01 |
| Q4 2023 | -13,546 | Reduce 0.80% | 1.68 M | $0.02 |
| Q1 2024 | +565,124 | Add 33.64% | 2.24 M | $10.05 |
| Q2 2024 | +2.88 M | Add 128.27% | 5.12 M | $10.39 |
| Q4 2024 | +2.48 M | Add 48.32% | 7.6 M | $6.69 |
| Q2 2025 | +159,318 | Add 2.10% | 7.76 M | $8.62 |
| Q4 2025 | +1.5 M | Add 19.33% | 9.26 M | $12.89 |
Seth Klarman's Herbalife Investment FAQs
Seth Klarman first purchased Herbalife Ltd. (HLF) in Q4 2022, acquiring 2,000,000 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Seth Klarman has held Herbalife Ltd. (HLF) for 13 quarters since Q4 2022.
Seth Klarman's largest addition to Herbalife Ltd. (HLF) was in Q2 2024, adding 5,124,526 shares worth $53.24 M.
According to the latest 13F filing for Q4 2025, Seth Klarman's firm, Baupost Group Llc/Ma, owns 9,259,844 shares of Herbalife Ltd. (HLF), valued at approximately $119.36 M.
As of the Q4 2025 filing, Herbalife Ltd. (HLF) represents approximately 2.26% of Seth Klarman's publicly disclosed stock portfolio, making it one of their key holdings.
Seth Klarman's peak holding in Herbalife Ltd. (HLF) was 9,259,844 shares, as reported at the end of Q4 2025.