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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
HI
626
Harbour Investments
Wisconsin
$782K -$23.9K -145 -3%
PTC
627
Philadelphia Trust Company
Pennsylvania
$781K
SMG
628
Smart Money Group
Texas
$774K +$100K +609 +15%
ONSWM
629
Old North State Wealth Management
North Carolina
$765K +$120K +727 +19%
GAA
630
Guardian Asset Advisors
Pennsylvania
$765K +$21.9K +133 +3%
TYCC
631
Texas Yale Capital Corp
Florida
$764K
SEA
632
Stegent Equity Advisors
Texas
$764K -$288K -1,747 -28%
TMAM
633
Tokio Marine Asset Management
Japan
$763K +$50.9K +309 +7%
EBSAM
634
Eubel Brady & Suttman Asset Management
Ohio
$761K +$755K +4,583 New
NB
635
NBT Bank
New York
$760K -$3.3K -20 -0.4%
PFPT
636
Pinnacle Financial Partners (Tennessee)
Tennessee
$759K +$165 +1 +0%
MMA
637
Miracle Mile Advisors
California
$758K -$78.3K -475 -9%
HAG
638
HighPoint Advisor Group
Illinois
$753K +$49.6K +301 +7%
FFM
639
Forum Financial Management
Illinois
$744K -$51.3K -311 -6%
PDL
640
Portfolio Design Labs
California
$741K +$736K +4,468 New
GT
641
Glenview Trust
Kentucky
$741K +$21.3K +129 +3%
TA
642
Tectonic Advisors
Texas
$738K -$31.8K -193 -4%
AWA
643
Aaron Wealth Advisors
Illinois
$733K -$57.9K -351 -7%
SAMT
644
Select Asset Management & Trust
Pennsylvania
$731K
BCCM
645
Bridge Creek Capital Management
Massachusetts
$725K +$57.7K +350 +9%
KFI
646
Key Financial Inc
Pennsylvania
$724K
AWM
647
AE Wealth Management
Kansas
$721K +$148K +896 +26%
FMWA
648
Forvis Mazars Wealth Advisors
Missouri
$720K
VCA
649
Verdence Capital Advisors
Maryland
$716K +$2.97K +18 +0.4%
CCM
650
Chiron Capital Management
Florida
$714K -$33.1K -201 -4%

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.