Hormel Foods

HRL • NYSE

Hormel Foods is a packaged foods company in the consumer defensive sector on NYSE, led by James P. Snee, with a market cap of $13.0B. As of Q3 2025, 43% of shares are held by 585 institutional investors, with VANGUARD GROUP INC as the largest holder at 6.84%.

CEOJames P. Snee

Market Cap$13.0B

Packaged Foods

Consumer Defensive

Employees20.0K

Websitehormelfoods.com

Country

United States of America

Overview

Overview of institutional ownership in HRL as of Q3 2025 with a market cap of $13.6B

All Institutions

Institutions: 585
Value Held: $5.8B
Shares Held: 235.9M
Avg Position: $10.0M
Median Position: $495.7K

Hedge Funds

Hedge Funds: 46
Value Held: $532.1M
Shares Held: 21.5M
Avg Position: $11.6M
Median Position: $1.4M

Ownership Breakdown

Institutional (non-HF)

38.98%

$5.3B

Hedge Funds

3.91%

$532.1M

Retail & Other

57.11%

$7.8B

Based on market cap of $13.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in HRL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$930.1M 0.01% of portfolio	6.84% 37.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$701.1M 0.02% of portfolio	5.15% 28.3M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
B BlackRock, Inc. Institution	-	$622.1M 0.01% of portfolio	4.57% 25.1M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$280.4M 0.04% of portfolio	2.06% 11.3M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$197.6M 0.01% of portfolio	1.46% 8.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$172.8M 0.01% of portfolio	1.27% 7.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
P ProShare Advisors LLC Institution	Michael Lynn Sapir CEO	$142.7M 0.30% of portfolio	1.05% 5.8M shares	≤ Q2 2013 Held for 12y 5m+	$47.8B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	Gerard Kieran O'Reilly CEO	$127.6M 0.03% of portfolio	0.94% 5.2M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	David Craig Brown CEO	$103.8M 0.07% of portfolio	0.76% 4.2M shares	Q2 2015 Held for 10y 5m	$158.22B
M MAIRS & POWER INC Institution	-	$103.6M 0.97% of portfolio	0.76% 4.2M shares	≤ Q2 2013 Held for 12y 5m+	$10.6B

Net Capital Flow

Institutional buying and selling activity for HRL in Q3 2025

Traded: +$33.7M
Buyers: 292
Sellers: 315
Total Bought: +$667.9M
Total Sold: −$634.2M
Avg Position: $8.5M

Biggest Buyers

Institution	Net Bought	Current Position
Invesco Ltd. ETF Provider	+$112.0M +4.5M shares	$280.4M 11.3M shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	+$77.7M +3.1M shares	$103.8M 4.2M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$44.5M +1.8M shares	$103.0M 4.2M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$43.8M +1.8M shares	$78.5M 3.2M shares
MORGAN STANLEY RIA/Wealth	+$36.9M +1.5M shares	$172.8M 7.0M shares
BARCLAYS PLC Institution	+$24.5M +990.9K shares	$49.8M 2.0M shares
JPMORGAN CHASE & CO Institution	+$20.4M +826.6K shares	$55.3M 2.2M shares
M MILLER HOWARD INVESTMENTS INC /NY Long Only Manager	+$19.8M +801.3K shares	$19.8M 801.3K shares
VANGUARD GROUP INC Institution	+$18.1M +729.9K shares	$930.1M 37.6M shares
F Fourth Sail Capital LP Institution	+$17.4M +705.0K shares	$17.4M 705.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
Holocene Advisors, LP Hedge Fund•Long/Short	−$98.9M −3.3M shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$75.0M −3.0M shares	$85.2M 3.4M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	−$61.2M −2.0M shares	Sold Off 0 shares
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	−$32.6M −1.1M shares	Sold Off 0 shares
GOLDMAN SACHS GROUP INC Institution	−$30.4M −1.2M shares	$20.6M 833.3K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$23.4M −946.7K shares	$13.8M 559.6K shares
Marshall Wace LLP Institution	−$19.0M −627.0K shares	Sold Off 0 shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$16.1M −650.4K shares	$53.2M 2.2M shares
Woodline Partners LP Hedge Fund•Long/Short	−$14.9M −601.2K shares	$953.0K 38.5K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$14.6M −590.4K shares	$81.6M 3.3M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited HRL in Q3 2025

New Positions: 24
New Value: $46.4M
Exited Positions: 98
Exited Value: $305.3M

New Positions

Institution	Position Value
M MILLER HOWARD INVESTMENTS INC /NY Long Only Manager	$19.8M 801.3K shares
F Fourth Sail Capital LP Institution	$17.4M 705.0K shares
Quinn Opportunity Partners LLC Hedge Fund•Event Driven	$3.5M 140.6K shares
I INCEPTIONR LLC Hedge Fund•Quant	$1.4M 55.4K shares
F Fiduciary Alliance LLC Institution	$1.0M 42.3K shares
O One68 Global Capital, LLC Hedge Fund•Event Driven	$494.8K 20.0K shares
S Shay Capital LLC Institution	$494.8K 20.0K shares
R RETIREMENT GUYS FORMULA LLC Institution	$461.8K 18.7K shares
KINGSWOOD WEALTH ADVISORS, LLC RIA/Wealth	$417.1K 16.9K shares
Clear Creek Financial Management, LLC RIA/Wealth	$312.3K 12.6K shares

Exited Positions

Institution	Previous Position
Holocene Advisors, LP Hedge Fund•Long/Short	$98.9M 3.3M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	$61.2M 2.0M shares
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	$32.6M 1.1M shares
Marshall Wace LLP Institution	$19.0M 627.0K shares
Distillate Capital Partners LLC ETF Provider	$14.2M 470.3K shares
Q QV Investors Inc. Institution	$12.5M 414.7K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$12.0M 397.9K shares
Night Squared LP Hedge Fund•Long/Short	$7.1M 236.2K shares
Magnetar Financial LLC Hedge Fund•Multi-Strategy	$5.6M 186.1K shares
Advisors Preferred, LLC Institution	$3.6M 116.1K shares

Options Activity

Institutions with the largest Call and Put options positions in HRL as of Q3 2025

Call Positions: 11
Call Value: $31.8M
Put Positions: 11
Put Value: $37.6M

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$12.2M 4.9K contracts
Quinn Opportunity Partners LLC Hedge Fund•Event Driven	$5.2M 2.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$4.5M 1.8K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.2M 1.7K contracts
W WOLVERINE TRADING, LLC Institution	$2.2M 884.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$1.2M 468.0 contracts
Walleye Trading LLC RIA/Wealth	$779.3K 315.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$742.2K 300.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$455.2K 184.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$230.1K 93.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$14.7M 5.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$8.8M 3.5K contracts
J JANE STREET GROUP, LLC Institution	$4.5M 1.8K contracts
W WOLVERINE TRADING, LLC Institution	$2.2M 903.0 contracts
Walleye Trading LLC RIA/Wealth	$1.8M 708.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$1.6M 650.0 contracts
UBS Group AG Institution	$1.5M 600.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$1.0M 424.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$779.3K 315.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$405.7K 164.0 contracts

Most Committed Institutions

Institutions with HRL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
O One68 Global Capital, LLC Hedge Fund•Event Driven	David Hai Nguyen CEO	8.65% $494.8K	0.00% 20.0K shares	Q3 2025 Held for 2 months	$5.7M
F Fourth Sail Capital LP Institution	-	4.28% $17.4M	0.13% 705.0K shares	Q3 2025 Held for 2 months	$407.6M
EPIQ PARTNERS, LLC RIA/Wealth	Bruce Jeffrey Langer CEO	3.64% $7.5M	0.05% 301.8K shares	Q4 2019 Held for 5y 11m	$205.1M
Walnut Level Capital LLC Hedge Fund•Sector	Charles William Antrim CIO	1.83% $2.6M	0.02% 105.0K shares	Q2 2024 Held for 1y 5m	$141.9M
SJS Investment Consulting Inc. RIA/Wealth	Scott John Savage CEO	1.62% $11.8M	0.09% 476.4K shares	Q3 2022 Held for 3y 2m	$726.8M
GRANDFIELD & DODD, LLC RIA/Wealth	Jeffrey Thomas Stensven Macdonagh Member	1.39% $24.5M	0.18% 990.3K shares	≤ Q2 2013 Held for 12y 5m+	$1.8B
Kinloch Capital, LLC RIA/Wealth	Peter Carlyle Walls Managing Partner	1.32% $3.0M	0.02% 121.9K shares	Q1 2024 Held for 1y 8m	$228.6M
T TrueMark Investments, LLC Institution	Michael Norman Loukas CEO	1.05% $6.1M	0.04% 244.6K shares	Q2 2025 Held for 5 months	$574.7M
W WMG Financial Advisors, LLC RIA/Wealth	D William Bergner CEO	1.03% $3.1M	0.02% 123.8K shares	Q1 2022 Held for 3y 8m	$298.5M
M MAIRS & POWER INC Institution	-	0.97% $103.6M	0.76% 4.2M shares	≤ Q2 2013 Held for 12y 5m+	$10.6B