Billionaire investor Richard Perry is the latest hedge-fund heavyweight to exit Herbalife, following on the heels of George Soros.

Perry dumped his entire 5.575 million-share stake during the fourth quarter, according to a filing Friday.

Herbalife dragged down Perry’s returns last year. As the stock fell more than 50 percent in 2014, his flagship fund lost 3.37 percent.

Last quarter, Perry replaced Soros as the fifth-largest shareholder when Soros began shedding his huge stake.

Soros sold out entirely after Paul Sohn, the portfolio manager who took the fund into Herbalife, left in November.