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1,342 hedge funds and large institutions have $21B invested in Hershey in 2025 Q1 according to their latest regulatory filings, with 159 funds opening new positions, 532 increasing their positions, 432 reducing their positions, and 141 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

27% more call options, than puts

Call options by funds: $593M | Put options by funds: $466M

23% more repeat investments, than reductions

Existing positions increased: 532 | Existing positions reduced: 432

13% more first-time investments, than exits

New positions opened: 159 | Existing positions closed: 141

0.87% more ownership

Funds ownership: 82.18%83.05% (+0.87%)

0% less funds holding

Funds holding: 1,3431,342 (-1)

1% less capital invested

Capital invested by funds: $21.3B → $21B (-$267M)

Holders
1,342
Holders Change
-1
Holders Change %
-0.07%
% of All Funds
17.99%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.09%
New
159
Increased
532
Reduced
432
Closed
141
Calls
$593M
Puts
$466M
Net Calls
+$127M
Net Calls Change
-$565M
Name Holding Trade Value Shares
Change
Change in
Stake
IWC
501
Integrated Wealth Concepts
Massachusetts
$1.4M -$68.6K -419 -5%
CSI
502
Clark & Stuart Inc
Maine
$1.4M +$707K +4,320 +112%
HCM
503
Hutner Capital Management
Vermont
$1.39M -$26.4K -161 -2%
Carson Wealth (CWM LLC)
504
Carson Wealth (CWM LLC)
Nebraska
$1.39M +$176K +1,075 +15%
BST
505
Bath Savings Trust
Maine
$1.38M -$198K -1,209 -13%
JCM
506
Jacobi Capital Management
Pennsylvania
$1.38M +$319K +1,948 +32%
JPMIA
507
J.P. Marvel Investment Advisors
Massachusetts
$1.37M
FWCM
508
Ferguson Wellman Capital Management
Oregon
$1.37M +$104K +638 +9%
AFG
509
Allegheny Financial Group
Pennsylvania
$1.37M -$1.31K -8 -0.1%
PIM
510
Plato Investment Management
Australia
$1.36M
LSERS
511
Louisiana State Employees Retirement System
Louisiana
$1.35M
QCM
512
QRG Capital Management
Illinois
$1.34M -$54.5K -333 -4%
GIBU
513
Gulf International Bank (UK)
United Kingdom
$1.34M -$601K -3,669 -32%
SAM
514
Securian Asset Management
Minnesota
$1.33M -$16.4K -100 -1%
CB
515
Commerce Bank
Missouri
$1.33M -$74.5K -455 -6%
GF
516
Gries Financial
Ohio
$1.33M +$1.27M +7,776 New
Allspring Global Investments
517
Allspring Global Investments
North Carolina
$1.32M +$164K +1,003 +15%
Robeco Institutional Asset Management
518
Robeco Institutional Asset Management
Netherlands
$1.29M -$647K -3,954 -34%
FBT
519
First Bankers Trust
Kentucky
$1.29M -$49.1K -300 -4%
EI
520
Ethic Inc
New York
$1.27M +$18.3K +112 +2%
PS
521
Pensionfund Sabic
Netherlands
$1.27M -$164K -1,000 -12%
NIM
522
NEOS Investment Management
Connecticut
$1.25M +$205K +1,253 +21%
NG
523
Novem Group
New York
$1.25M +$231K +1,414 +24%
NB
524
Norinchukin Bank
Japan
$1.25M +$151K +923 +14%
PWM
525
Perigon Wealth Management
California
$1.25M +$927K +5,661 +347%

HSY Hedge Fund Activity: Q1 2025 in Review

1,342 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q1 2025, worth a combined $21B — down 1.3% from $21.3B a quarter earlier.

Buyers outnumbered sellers: 159 funds opened new HSY positions and 141 closed out — a net gain of 18 holders — while 532 added to existing stakes and 432 trimmed.

The largest buyer was Norges Bank, adding an estimated $221M. The largest seller was Capital International Investors, cutting an estimated $140M.

  • 1,342 institutional investors held Hershey (HSY) as of Q1 2025, down from 1,343 in Q4 2024.
  • Funds reported $21B of Hershey stock for Q1 2025, down 1.3% quarter-over-quarter.
  • 159 funds opened new Hershey positions in Q1 2025 and 141 closed out, a net change of +18 holders.
  • The largest Hershey buyer in Q1 2025 was Norges Bank, an estimated $221M added.
  • The largest Hershey seller in Q1 2025 was Capital International Investors, an estimated $140M sold.

Based on aggregated 13F filings for Q1 2025.