Billionaires Unloaded These 24 Stocks In Q2

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13. Herbalife (HLG, $49.91)

CNBC

Billionaire investor Carl Icahn reduced his holdings in the herbal supplement giant by 41% in the second quarter, a sign that the boat is getting ready to leave the dock. Icahn famously had a very public fight with fellow billionaire Bill Ackman over Herbalife. Ackman called the company a pyramid scheme, while Icahn insisted that everything was on the up-and-up. Rather than moving onto greener pastures after Ackman exited his bet in 2018, Icahn held onto HLF and still remains the company’s largest institutional investor, MLM or no. Herbalife has since repurchased the stock that Ackman sold during the quarter at an average share price of $48.75, and Icahn recently stated that an investment made in 2013 and held until August 11 would have generated 200%.