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1,471 hedge funds and large institutions have $25.9B invested in Hershey in 2026 Q1 according to their latest regulatory filings, with 193 funds opening new positions, 537 increasing their positions, 467 reducing their positions, and 110 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 193 | Existing positions closed: 110

35% more call options, than puts

Call options by funds: $307M | Put options by funds: $228M

27% more funds holding in top 10

Funds holding in top 10: 1114 (+3)

15% more repeat investments, than reductions

Existing positions increased: 537 | Existing positions reduced: 467

12% more capital invested

Capital invested by funds: $23.2B → $25.9B (+$2.67B)

4% more funds holding

Funds holding: 1,4121,471 (+59)

2.04% less ownership

Funds ownership: 86.12%84.07% (-2%)

Holders
1,471
Holders Change
+59
Holders Change %
+4.18%
% of All Funds
18.09%
Holding in Top 10
14
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+27.27%
% of All Funds
0.17%
New
193
Increased
537
Reduced
467
Closed
110
Calls
$307M
Puts
$228M
Net Calls
+$79.3M
Net Calls Change
+$33.2M
Name Holding Trade Value Shares
Change
Change in
Stake
DnB Asset Management
226
DnB Asset Management
Norway
$9.42M +$796K +3,774 +9%
Jones Financial Companies
227
Jones Financial Companies
Missouri
$9.4M +$4.37M +20,720 +89%
KGC
228
Kennon-Green & Company
Ohio
$9.09M -$92.6K -439 -1%
Cerity Partners
229
Cerity Partners
New York
$9.07M -$1.46M -6,931 -14%
OC
230
Opal Capital
Florida
$8.86M +$2.51M +11,886 +39%
TI
231
TrueMark Investments
Illinois
$8.86M +$2.57M +12,171 +40%
CBU
232
CIBC Bancorp USA
Illinois
$8.8M +$8.93M +42,320 New
UBV
233
United Bank (Virginia)
Virginia
$8.53M -$359K -1,701 -4%
QCM
234
Qsemble Capital Management
New York
$8.51M +$112K +529 +1%
CNB
235
Czech National Bank
Czech Republic
$8.39M +$270K +1,282 +3%
ASRS
236
Arizona State Retirement System
Arizona
$8.37M -$113K -536 -1%
William Blair & Company
237
William Blair & Company
Illinois
$8.37M +$303K +1,436 +4%
SOMRS
238
State of Michigan Retirement System
Michigan
$8.24M -$21.1K -100 -0.3%
JA
239
JLB & Associates
Michigan
$8.21M -$2.2M -10,411 -21%
OIC
240
Orion Investment Company
Missouri
$8.1M +$125K +593 +2%
BFIM
241
Beese Fulmer Investment Management
Ohio
$7.67M -$7.81M -37,017 -50%
D.E. Shaw & Co
242
D.E. Shaw & Co
New York
$7.59M +$7.13M +33,811 +1,247%
RB
243
Rodgers Brothers
Pennsylvania
$7.46M -$1.75M -8,301 -19%
Mariner
244
Mariner
Kansas
$7.41M -$97.2K -461 -1%
PCM
245
Poehling Capital Management
Wisconsin
$7.39M -$239K -1,131 -3%
BEI
246
Benjamin Edwards Inc
Missouri
$7.36M -$249K -1,181 -3%
MIM
247
MetLife Investment Management
New Jersey
$7.35M -$200K -949 -3%
M&T Bank
248
M&T Bank
New York
$7.31M -$124K -589 -2%
T
249
TOBAM
France
$7.19M -$1.12M -5,316 -13%
COPPSERS
250
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$7.18M +$10.5K +50 +0.1%

HSY Hedge Fund Activity: Q1 2026 in Review

1,471 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q1 2026, worth a combined $25.9B — up 12% from $23.2B a quarter earlier.

Buyers outnumbered sellers: 193 funds opened new HSY positions and 110 closed out — a net gain of 83 holders — while 537 added to existing stakes and 467 trimmed.

The largest buyer was Capital World Investors, opening a new position worth an estimated $580M. The largest seller was Capital International Investors, exiting entirely with an estimated $1.66B sold.

  • 1,471 institutional investors held Hershey (HSY) as of Q1 2026, up from 1,412 in Q4 2025.
  • Funds reported $25.9B of Hershey stock for Q1 2026, up 12% quarter-over-quarter.
  • 193 funds opened new Hershey positions in Q1 2026 and 110 closed out, a net change of +83 holders.
  • The largest Hershey buyer in Q1 2026 was Capital World Investors, an estimated $580M added.
  • The largest Hershey seller in Q1 2026 was Capital International Investors, an estimated $1.66B sold.

Based on aggregated 13F filings for Q1 2026.