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
VFA
426
Valeo Financial Advisors
Indiana
$2.25M
JPWM
427
Jamison Private Wealth Management
Georgia
$2.24M
ATS
428
Ashton Thomas Securities
New York
$2.23M
NLP
429
Next Level Private
New York
$2.23M
CTC
430
Central Trust Company
Missouri
$2.23M
HI
431
Horizon Investments
North Carolina
$2.21M
GT
432
Greenleaf Trust
Michigan
$2.17M
Capstone Investment Advisors
433
Capstone Investment Advisors
New York
$2.17M
Allianz Asset Management
434
Allianz Asset Management
Germany
$2.17M
TF
435
Tudor Financial
Ohio
$2.17M
NAM
436
NorthCrest Asset Manangement
Minnesota
$2.16M
IA
437
IFG Advisory
Georgia
$2.16M
SFI
438
Siemens Fonds Invest
Germany
$2.14M
AIM
439
AMI Investment Management
Indiana
$2.12M
SIM
440
Studio Investment Management
Illinois
$2.12M
TRSOTSOK
441
Teachers Retirement System of the State of Kentucky
Kentucky
$2.11M
NW
442
NewEdge Wealth
Pennsylvania
$2.11M
HBW
443
Hazlett, Burt & Watson
West Virginia
$2.08M
IIA
444
ICW Investment Advisors
Arizona
$2.07M
ODE
445
O'Domhnaill Enterprises
Wyoming
$2.04M
KIA
446
Knollwood Investment Advisory
Maryland
$2.04M
MSU
447
Mizuho Securities USA
New York
$2.03M
PFS
448
Prospera Financial Services
Texas
$2.03M
HIA
449
Harvest Investment Advisors
Florida
$2.02M
AC
450
Allstate Corporation
Illinois
$2.02M