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1,310 hedge funds and large institutions have $21.3B invested in Hershey in 2025 Q2 according to their latest regulatory filings, with 114 funds opening new positions, 518 increasing their positions, 442 reducing their positions, and 133 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 518 | Existing positions reduced: 442

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

3.7% more ownership

Funds ownership: 83.05%86.75% (+3.7%)

1% more capital invested

Capital invested by funds: $21B → $21.3B (+$307M)

2% less funds holding

Funds holding: 1,3421,310 (-32)

14% less first-time investments, than exits

New positions opened: 114 | Existing positions closed: 133

18% less call options, than puts

Call options by funds: $337M | Put options by funds: $410M

Holders
1,310
Holders Change
-32
Holders Change %
-2.38%
% of All Funds
17.25%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.11%
New
114
Increased
518
Reduced
442
Closed
133
Calls
$337M
Puts
$410M
Net Calls
-$73.3M
Net Calls Change
-$200M
Name Holding Trade Value Shares
Change
Change in
Stake
GF
401
Gries Financial
Ohio
$2.2M +$906K +5,496 +71%
Envestnet Portfolio Solutions
402
Envestnet Portfolio Solutions
Illinois
$2.19M -$897K -5,441 -29%
AAS
403
Avantax Advisory Services
Texas
$2.18M +$86.5K +525 +4%
JWCA
404
J.W. Cole Advisors
Florida
$2.17M +$64.1K +389 +3%
PI
405
PineBridge Investments
New York
$2.16M -$4.86M -29,486 -69%
MC
406
Moors & Cabot
Massachusetts
$2.14M +$55.5K +337 +3%
CL
407
CIM LLC
New York
$2.12M +$213K +1,292 +11%
OPERF
408
Oregon Public Employees Retirement Fund
Oregon
$2.12M +$16.5K +100 +0.8%
CTC
409
Central Trust Company
Missouri
$2.12M +$12.2K +74 +0.6%
MWM
410
MOKAN Wealth Management
Kansas
$2.11M +$351K +2,127 +20%
AA
411
ALPS Advisors
Colorado
$2.11M -$4.62K -28 -0.2%
SFI
412
Siemens Fonds Invest
Germany
$2.1M +$61K +370 +3%
ATS
413
Ashton Thomas Securities
New York
$2.1M +$2.08M +12,631 New
KeyBank National Association
414
KeyBank National Association
Ohio
$2.09M +$367K +2,229 +21%
IA
415
IFG Advisory
Georgia
$2.08M +$146K +883 +8%
Rafferty Asset Management
416
Rafferty Asset Management
New York
$2.08M +$389K +2,361 +23%
KFBMI
417
Kentucky Farm Bureau Mutual Insurance
Kentucky
$2.07M
AIM
418
AMI Investment Management
Indiana
$2.06M +$28.7K +174 +1%
NLP
419
Next Level Private
New York
$2.03M
FDCDDQ
420
Federation des caisses Desjardins du Quebec
Quebec, Canada
$2.02M -$123K -744 -6%
GT
421
Greenleaf Trust
Michigan
$1.99M +$81.8K +496 +4%
O
422
Ossiam
France
$1.99M +$572K +3,472 +41%
MCM
423
MAI Capital Management
Ohio
$1.99M -$717K -4,352 -27%
TF
424
Tudor Financial
Ohio
$1.98M +$1.61M +9,785 +459%
CW
425
CreativeOne Wealth
Kansas
$1.97M +$343K +2,079 +21%

HSY Hedge Fund Activity: Q2 2025 in Review

1,310 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q2 2025, worth a combined $21.3B — up 1.5% from $21B a quarter earlier.

Sellers outnumbered buyers: 133 funds closed out of HSY and 114 opened new positions — a net loss of 19 holders — while 442 trimmed existing stakes and 518 added.

The largest buyer was Capital Research Global Investors, adding an estimated $248M. The largest seller was Capital International Investors, cutting an estimated $156M.

  • 1,310 institutional investors held Hershey (HSY) as of Q2 2025, down from 1,342 in Q1 2025.
  • Funds reported $21.3B of Hershey stock for Q2 2025, up 1.5% quarter-over-quarter.
  • 114 funds opened new Hershey positions in Q2 2025 and 133 closed out, a net change of -19 holders.
  • The largest Hershey buyer in Q2 2025 was Capital Research Global Investors, an estimated $248M added.
  • The largest Hershey seller in Q2 2025 was Capital International Investors, an estimated $156M sold.

Based on aggregated 13F filings for Q2 2025.