Form 13-F position report

HORMEL FOODS CORPORATION

Reported by BILL & MELINDA GATES FOUNDATION TRUST

Company profile Manager portfolio Source filing
HRL CUSIP 440452100 Manager CIK 0001166559
Latest reported change

Reported 2,195,290 shares, unchanged from the prior quarter.

Reported value 0.9%; share count 0.0% vs. the prior quarter.

Unchanged
% of reported 13F value 0.21% This manager · Q2 2023
Shares 2,195,290 Quarter-end amount reported
Reported value $88,294,564 Fair value at quarter end
Consecutive quarters held 3 Through Q2 2023

Reported position value by quarter

Reported position value by quarter

Each bar is a Form 13-F quarter-end snapshot. It does not show trades made within the quarter.

Manager history

Quarterly position history

How this manager's reported quarter-end position changed over time.

15 quarters
Quarter Activity Shares Change % of reported 13F Reported value Filed
Q2 2026 Unchanged 2,085,290 0 (0.0%) 0.15% $51,756,898 2026-08-14
Q1 2026 Unchanged 2,085,290 0 (0.0%) 0.15% $47,231,819 2026-05-15
Q4 2025 Unchanged 2,085,290 0 (0.0%) 0.14% $49,421,373 2026-02-17
Q3 2025 Reduced 2,085,290 -110,000 (-5.0%) 0.14% $51,590,075 2025-11-14
Q2 2025 Unchanged 2,195,290 0 (0.0%) 0.14% $66,407,523 2025-08-14
Q1 2025 Unchanged 2,195,290 0 (0.0%) 0.16% $67,922,273 2025-05-15
Q4 2024 Unchanged 2,195,290 0 (0.0%) 0.16% $68,866,247 2025-02-14
Q3 2024 Unchanged 2,195,290 0 (0.0%) 0.15% $69,590,693 2024-11-14
Q2 2024 Unchanged 2,195,290 0 (0.0%) 0.14% $66,934,392 2024-08-14
Q1 2024 Unchanged 2,195,290 0 (0.0%) 0.17% $76,593,668 2024-05-15
Q4 2023 Unchanged 2,195,290 0 (0.0%) 0.17% $70,490,762 2024-02-14
Q3 2023 Unchanged 2,195,290 0 (0.0%) 0.21% $83,486,879 2023-11-14
Q2 2023 Unchanged 2,195,290 0 (0.0%) 0.21% $88,294,564 2023-08-14
Q1 2023 Unchanged 2,195,290 0 (0.0%) 0.24% $87,548,165 2023-05-15
Q4 2022 New 2,195,290 +2,195,290 (0.0%) 0.28% $99,995,460 2023-02-14
Institutional context

Who else reported the position

725 managers reported HORMEL FOODS CORPORATION for Q2 2023.

Manager Activity Shares Change % of reported 13F Reported value Tenure
VANGUARD GROUP INC Reduced 35,439,078 -152,128 0.03% $1,425,359,717 41 qtrs
STATE STREET CORPORATION Added 27,868,383 +1,004,133 0.06% $1,120,866,364 41 qtrs
BlackRock Inc Reduced 27,685,042 -1,264,755 0.03% $1,113,492,399 41 qtrs
Capital International Investors Added 13,472,011 +539,227 0.13% $541,844,282 26 qtrs
GEODE CAPITAL MANAGEMENT LLC Added 6,529,691 +218,884 0.03% $261,965,988 41 qtrs
Invesco Ltd Added 5,849,007 +232,647 0.06% $235,247,061 41 qtrs
MAIRS & POWER INC Added 5,254,994 +177,028 2.3% $211,355,859 41 qtrs
PRINCIPAL FINANCIAL GROUP INC Reduced 4,931,103 -357,831 0.14% $198,328,964 41 qtrs
Champlain Investment Partners LLC Added 4,345,772 +1,010,935 1.08% $174,786,950 10 qtrs
ProShare Advisors LLC Added 4,330,713 +445,993 0.51% $174,181,278 41 qtrs
A free account expands this comparison to 25 managers. Create free account
Premium adds each manager's conviction percentile across reporting peers.
Filing details and methodology As reported
Report period
June 30, 2023
Filed
August 14, 2023
Filing type
13F-HR
Position type
COM

Voting authority reported

Sole
2,195,290
Shared
0
None
0

“None” means the manager reported no voting authority for those shares on non-routine matters. It does not disclose why and is not evidence of securities lending.

Form 13-F is a delayed quarter-end snapshot of disclosed long Section 13(f) securities. It can be filed up to 45 days after quarter end, excludes short positions and most non-U.S. securities, and does not reveal intra-quarter trading. For options, reported shares and value describe the underlying-share exposure; strike, expiry, premium, and written positions are not disclosed.