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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
Bank of New York Mellon
26
Bank of New York Mellon
New York
$159M -$308K -1,870 -0.2%
Pacer Advisors
27
Pacer Advisors
Pennsylvania
$135M -$669K -4,058 -0.5%
American Century Companies
28
American Century Companies
Missouri
$134M +$19.1M +115,641 +17%
CIM
29
Confluence Investment Management
Missouri
$127M +$10.7M +64,966 +9%
Balyasny Asset Management
30
Balyasny Asset Management
Illinois
$126M +$125M +758,471 New
Massachusetts Financial Services
31
Massachusetts Financial Services
Massachusetts
$124M +$5.86M +35,578 +5%
Principal Financial Group
32
Principal Financial Group
Iowa
$117M -$2.65M -16,056 -2%
Barclays
33
Barclays
United Kingdom
$117M -$988K -5,994 -0.8%
Goldman Sachs
34
Goldman Sachs
New York
$100M +$25.9M +157,222 +35%
Wells Fargo
35
Wells Fargo
California
$95M +$540K +3,274 +0.6%
SI
36
Scharf Investments
California
$90.6M +$90M +545,858 New
California Public Employees Retirement System
37
California Public Employees Retirement System
California
$89.1M -$18.3M -110,817 -17%
Citigroup
38
Citigroup
New York
$88.7M +$55.9M +339,240 +174%
Deutsche Bank
39
Deutsche Bank
Germany
$83.2M -$29.6M -179,415 -26%
Envestnet Asset Management
40
Envestnet Asset Management
Illinois
$82.9M +$14.3M +86,692 +21%
Raymond James Financial
41
Raymond James Financial
Florida
$80.3M +$1.96M +11,914 +3%
Swiss National Bank
42
Swiss National Bank
Switzerland
$74.3M +$5.14M +31,200 +7%
EIC
43
Equity Investment Corp
Georgia
$73.7M +$73.2M +444,146 New
RAM
44
Readystate Asset Management
Illinois
$73M +$72.5M +440,026 New
LPL Financial
45
LPL Financial
California
$72.8M +$2.12M +12,860 +3%
WHG
46
Westwood Holdings Group
Texas
$67.9M -$3.07M -18,636 -4%
US Bancorp
47
US Bancorp
Minnesota
$66.8M +$739K +4,484 +1%
Fidelity Investments
48
Fidelity Investments
Massachusetts
$62.8M -$9.09M -55,128 -13%
First Trust Advisors
49
First Trust Advisors
Illinois
$61.6M -$1.38M -8,365 -2%
Sumitomo Mitsui Trust Group
50
Sumitomo Mitsui Trust Group
Japan
$60.8M +$102K +618 +0.2%

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.