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
OPW
626
Oxler Private Wealth
New York
$945K
RWFS
627
Rayburn West Financial Services
Tennessee
$938K
EF
628
Empirical Finance
Pennsylvania
$928K
VCM
629
Voleon Capital Management
California
$928K
DW30
630
Drucker Wealth 3.0
New Jersey
$926K
CFO
631
Callan Family Office
Pennsylvania
$924K
SEA
632
Stegent Equity Advisors
Texas
$919K
CCM
633
Chilton Capital Management
Texas
$918K
DWM
634
Dynasty Wealth Management
Florida
$912K
Lazard Asset Management
635
Lazard Asset Management
New York
$912K
PGCM
636
Prescott Group Capital Management
Oklahoma
$910K
DT
637
DV Trading
Illinois
$910K
NDSIB
638
North Dakota State Investment Board
North Dakota
$909K
VCAM
639
Van Cleef Asset Management
Ohio
$908K
SA
640
Sylvest Advisors
Texas
$907K
NS
641
NBC Securities
Alabama
$894K
TIAA Trust, National Association
642
TIAA Trust, National Association
North Carolina
$894K
BMC
643
Benin Management Corp
Connecticut
$892K
SMC
644
Smith, Moore & Co
Missouri
$887K
MHC
645
Meyer Handelman Company
New York
$874K
QCG
646
Quadrant Capital Group
Ohio
$870K
FFM
647
Forum Financial Management
Illinois
$869K
AFCM
648
Applied Finance Capital Management
Puerto Rico
$868K
SYBT
649
Stock Yards Bank & Trust
Kentucky
$866K
GAA
650
Guardian Asset Advisors
Pennsylvania
$866K