This Protein Brand Stock Collapsed Nearly 70% in a Year, and One Fund Just Exited a $4 Million Stake

1 hour ago 1

Jonathan Ponciano, The Motley Fool

Tue, February 3, 2026 astatine 7:50 AM CST 4 min read

On February 2, Wilson Asset Management reported selling its full involvement successful BellRing Brands (NYSE:BRBR), disposing of 114,425 shares worthy an estimated $4.16 million.

According to a Securities and Exchange Commission (SEC) filing dated February 2, Wilson Asset Management eliminated its presumption successful BellRing Brands by selling 114,425 shares. The fund's quarter-end presumption successful BellRing Brands fell by $4.16 million, a fig that factors successful some the commercialized and immoderate banal terms movement.

Top holdings aft the filing:

NASDAQ: GOOGL: $38.09 cardinal (9.8% of AUM)
NASDAQ: INTU: $26.77 cardinal (6.9% of AUM)
NYSE: PWR: $23.31 cardinal (6.0% of AUM)
NYSE: ICE: $20.16 cardinal (5.2% of AUM)
NYSE: MSCI: $19.98 cardinal (5.1% of AUM)

As of February 2, shares of BellRing Brands were priced astatine $24.39, down 68.8% implicit the erstwhile twelvemonth and vastly underperforming the S&P 500’s astir 15% summation successful the aforesaid period.

Metric

Value

Market Capitalization	$2.92 billion
Price (as of February 3)	$24.39
Revenue (TTM)	$2.32 billion
Net Income (TTM)	$216.20 million

BellRing Brands offers ready-to-drink shakes and pulverization macromolecule products nether the Premier Protein and Dymatize brands, with nutrition products arsenic the superior gross driver.
The institution operates a branded user packaged goods model, generating income done wholesale and retail organisation crossed club, food, drug, mass, eCommerce, specialty, and convenience channels.
It targets health-conscious consumers and fittingness enthusiasts successful the United States and internationally, distributing products done some carnal and online retail partners.

BellRing Brands, Inc. is simply a starring supplier of nutrition products with a absorption connected high-protein shakes and powders. The institution leverages its beardown marque portfolio and divers organisation channels to seizure request successful the increasing wellness and wellness segment. Its standard and established retail relationships enactment accordant gross procreation and competitory positioning wrong the packaged foods industry.

Exiting aft a astir 70% drawdown seems much similar a wide reassessment of hazard than a casual trim, and that’s worthy paying attraction to for semipermanent investors.

BellRing’s latest 4th showed a concern that’s inactive growing, but 1 facing existent borderline pressure. First-quarter fiscal 2026 nett income roseate astir 1% twelvemonth implicit twelvemonth to $537.3 million, portion adjusted EBITDA fell sharply to $90.3 cardinal (from $125.3 million) arsenic higher whey macromolecule costs and heavier promotions weighed connected profitability. Management narrowed full-year guidance to $2.41 cardinal to $2.46 cardinal successful income and $425 cardinal to $440 cardinal successful adjusted EBITDA, reinforcing that maturation is intact but harder earned.

Add successful enactment uncertainty, with CEO Darcy Davenport acceptable to discontinue erstwhile a successor is named, and the near-term representation becomes cloudier.

Meanwhile, this portfolio remains concentrated successful high-quality compounders similar Alphabet, Intuit, MSCI, and ICE, names with durable pricing powerfulness and cleaner borderline profiles. Against that backdrop, BellRing looks similar a capital-intensive user marque warring input ostentation astatine the incorrect moment. And that mightiness not beryllium the easiest happening to tummy aft a unsmooth clip for stock prices.