Companies 0 See All

Hedge Funds 0 See All

Insiders 0 See All

Institutional Investors 0 See All

Click here to see all results for

Hedge Funds-News

Herbalife Ltd. (HLF): Billionaire Carl Icahn’s Icahn Capital Raises Stake

Published on November 4, 2016 at 12:09 pm by Insider Monkey Staff in Hedge Funds, News

Page 1 of 16

Billionaire Icahn Carl‘s Icahn Capital has filed an amended Form 13D with the US Securities and Exchange Commission, in which it reported raising its stake in Herbalife Ltd. (NYSE:HLF) to 21.44 million shares, which account for 23.05% of the float. As per the prior 13D filing on the company, the fund’s stake consisted of 19.3 million shares, which amassed 20.78% of the outstanding stock.

Herbalife is a world-renowned nutrition company that produces a variety of nutritional products. Since the beginning of the year, the company’s stock has gained 2.8%. For the third quarter of 2016, the company reported earnings per share of $1.21, topping the estimates of $1.09, and revenue of $1.12 billion, below the estimates of $1.14 billion. Recently, Pivotal Research reiterated its ‘Buy’ rating on the stock, with a price target of $90.

Most Popular Stocks Among Hedge Funds

Out of the 749 hedge funds that we track which filed 13Fs for the end of June, 35 reported long positions in Herbalife (NYSE:HLF), down by two from the previous quarter. Among the largest investors in the company were William Duhamel’s Route One Investment Company (3.61 million shares), Jim Simons’ Renaissance Technologies (3.16 million shares), David Kowitz and Sheldon Kasowitz’s Indus Capital (2.63 million shares), and Vinit Bodas’ Deccan Value Advisors (2.13 million shares).

Follow Herbalife Ltd. (NYSE:HLF)

Follow Herbalife Ltd. (NYSE:HLF)

We may use your email to send marketing emails about our services. Click here to read our privacy policy.

You can access the original SEC filing by clicking here.

We may use your email to send marketing emails about our services. Click here to read our privacy policy.

Ownership Summary Table

Name	Sole Voting Power	Shared Voting Power	Sole Dispositive Power	Shared Dispositive Power	Aggregate Amount Owned Power	Percent of Class
High River Limited Partnership	4,288,786	0	4,288,786	0	4,288,786	4.61%
Hopper Investments	0	4,288,786	0	4,288,786	4,288,786	4.61%
Barberry Corp	0	4,288,786	0	4,288,786	4,288,786	4.61%
Icahn Partners Master Fund	6,980,001	0	6,980,001	0	6,980,001	7.50%
Icahn Offshore	0	6,980,001	0	6,980,001	6,980,001	7.50%
Icahn Partners	10,175,144	0	10,175,144	0	10,175,144	10.94%
Icahn Onshore	0	10,175,144	0	10,175,144	10,175,144	10.94%
Icahn Capital	0	17,155,145	0	17,155,145	17,155,145	18.44%
IPH GP	0	17,155,145	0	17,155,145	17,155,145	18.44%
Icahn Enterprises Holdings	0	17,155,145	0	17,155,145	17,155,145	18.44%
Icahn Enterprises G.P. Inc	0	17,155,145	0	17,155,145	17,155,145	18.44%
Beckton Corp	0	17,155,145	0	17,155,145	17,155,145	18.44%
Carl C. Icahn	0	21,443,931	0	21,443,931	21,443,931	23.05%
Date of Transaction Amount of Securities Price Per Share High River Limited Partnership

Follow Carl C. Icahn's Icahn Capital LP

We may use your email to send marketing emails about our services. Click here to read our privacy policy.

Page 1 of 16 – SEC Filing

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 9)*

Herbalife Ltd.

(Name of Issuer)

Common Shares, par value $0.001 per Share

(Title of Class of Securities)

G4412G101

(CUSIP Number)

Andrew Langham, Esq.

Icahn Capital LP

767 Fifth Avenue, 47^th Floor

New York, New York 10153

(212) 702-4300

(Name, Address and Telephone Number of Person Authorized to

Receive Notices and Communications)

November 3, 2016

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Section 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box / /.

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d‑7 for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Page 1 of 16

NYSE:HLF Carl Icahn Yahoo Finance SEC 13D Filing Icahn Capital LP Herbalife Ltd. (HLF)Show more...Show less