1,388 hedge funds and large institutions have $23.2B invested in Hershey in 2025 Q4 according to their latest regulatory filings, with 165 funds opening new positions, 441 increasing their positions, 523 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more funds holding in top 10

Funds holding in top 10:

more funds holding

Funds holding:

0.67% more ownership

Funds ownership: 85.27%85.94% (+0.67%)

2% less capital invested

Capital invested by funds: $23.6B → $23.2B (-$463M)

16% less repeat investments, than reductions

Existing positions increased: 441 | Existing positions reduced: 523

Holders
1,388
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$322M
Puts
$274M
Net Calls
Net Calls Change

Top Buyers

1 +$163M
2 +$140M
3 +$105M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$102M
5
Squarepoint
Squarepoint
New York
+$88.1M

Top Sellers

1 -$270M
2 -$183M
3 -$181M
4
Macquarie Group
Macquarie Group
Australia
-$106M
5
UBS Group
UBS Group
Switzerland
-$88.5M
Name Holding Trade Value Shares
Change
Change in
Stake
MIM
226
MetLife Investment Management
New Jersey
$6.61M
Mariner
227
Mariner
Kansas
$6.57M
M&T Bank
228
M&T Bank
New York
$6.51M
AIMC
229
Alley Investment Management Company
Illinois
$6.49M
TM
230
Taproot Management
New York
$6.38M
COPPSERS
231
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$6.27M
HEIP
232
Hudson Edge Investment Partners
New Jersey
$6.24M
SG Americas Securities
233
SG Americas Securities
New York
$6.15M
Two Sigma Advisers
234
Two Sigma Advisers
New York
$6.11M
GT
235
Glenmede Trust
Pennsylvania
$6.07M
PAS
236
Park Avenue Securities
New York
$6.06M
CAM
237
Cresset Asset Management
Illinois
$6.06M
MFG
238
Merit Financial Group
Georgia
$5.95M
Pathstone Holdings
239
Pathstone Holdings
New Jersey
$5.9M
ACA
240
Aptus Capital Advisors
Alabama
$5.84M
DIA
241
Dean Investment Associates
Ohio
$5.8M
DZ Bank
242
DZ Bank
Germany
$5.79M
AAM
243
Advisors Asset Management
Colorado
$5.79M
VOYA Investment Management
244
VOYA Investment Management
Georgia
$5.78M
Retirement Systems of Alabama
245
Retirement Systems of Alabama
Alabama
$5.74M
BTW
246
Boston Trust Walden
Massachusetts
$5.68M
LD
247
Lipe & Dalton
New York
$5.65M
FIM
248
Fruth Investment Management
Texas
$5.63M
PGA
249
Portland Global Advisors
Maine
$5.6M
OC
250
Opal Capital
Florida
$5.6M