1,389 hedge funds and large institutions have $23.2B invested in Hershey in 2025 Q4 according to their latest regulatory filings, with 166 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
1,389
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
IMCOOI
401
Investment Management Corp of Ontario (IMCO)
Canada
$2.52M
CTA
402
Chesley Taft & Associates
Illinois
$2.52M
EMPI
403
Elo Mutual Pension Insurance
Finland
$2.49M
IGAM
404
iA Global Asset Management
Quebec, Canada
$2.48M
ACM
405
Argyle Capital Management
Pennsylvania
$2.46M
JWCA
406
J.W. Cole Advisors
Florida
$2.46M
CAM
407
Carret Asset Management
New York
$2.46M
AL
408
Arnhold LLC
New York
$2.45M
AAM
409
Auxier Asset Management
Oregon
$2.45M
SC
410
Settian Capital
New York
$2.44M
HH
411
Hilltop Holdings
Texas
$2.43M
HCM
412
Hillman Capital Management
Maryland
$2.42M
GVAG
413
Great Valley Advisor Group
Delaware
$2.4M
CANC
414
Culbertson A N & Co
Virginia
$2.39M
QOP
415
Quinn Opportunity Partners
Virginia
$2.37M
PMAM
416
Picton Mahoney Asset Management
Ontario, Canada
$2.36M
Wellington Management Group
417
Wellington Management Group
Massachusetts
$2.35M
LNWTC
418
Laird Norton Wetherby Trust Company
Washington
$2.33M
CL
419
CIM LLC
New York
$2.32M
CCS
420
Concentric Capital Strategies
Connecticut
$2.31M
DP
421
Dearborn Partners
Illinois
$2.31M
MCM
422
MAI Capital Management
Ohio
$2.3M
AWM
423
Absher Wealth Management
North Carolina
$2.29M
Rafferty Asset Management
424
Rafferty Asset Management
New York
$2.26M
BG
425
Bahl & Gaynor
Ohio
$2.25M