5 Small Cap Consumer Staples Stocks Billionaires Are Loading Up On

3. Herbalife Ltd. (NYSE:HLF)

Number of Billionaire Investors In Q1 2023: 10

Herbalife Ltd. (NYSE:HLF) as the name might suggest, is a health and wellness firm. It is based in Los Angeles, California, and provides a wide variety of different health products such as protein shakes and weight loss supplements. Additionally, Herbalife Ltd. (NYSE:HLF) also sells personal care products and energy drinks.

27 of the 943 hedge funds part of Insider Monkey’s database had invested in the firm as of Q1 2023. Herbalife Ltd. (NYSE:HLF)’s largest shareholder is William Duhamel’s Route One Investment Company since it owns 10.8 million shares that are worth $174 million.

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