1,399 hedge funds and large institutions have $23.2B invested in Hershey in 2025 Q4 according to their latest regulatory filings, with 169 funds opening new positions, 442 increasing their positions, 525 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:

0.69% more ownership

Funds ownership: 85.31%86% (+0.69%)

2% less capital invested

Capital invested by funds: $23.6B → $23.2B (-$465M)

16% less repeat investments, than reductions

Existing positions increased: 442 | Existing positions reduced: 525

Holders
1,399
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
$276M
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
Fisher Asset Management
676
Fisher Asset Management
Washington
$767K
GAM
677
Gotham Asset Management
New York
$767K
LOWM
678
Laurel Oak Wealth Management
New Jersey
$765K
MSWM
679
Master's Wealth Management
Pennsylvania
$764K
VCA
680
Verdence Capital Advisors
Maryland
$761K
SC
681
Schulhoff & Co
Ohio
$761K
FPAS
682
Focus Partners Advisor Solutions
Missouri
$760K
IWN
683
Independent Wealth Network
Iowa
$757K
TA
684
Tectonic Advisors
Texas
$753K
PTC
685
Philadelphia Trust Company
Pennsylvania
$750K
WA
686
Wealth Alliance
New York
$749K
RWA
687
River Wealth Advisors
Pennsylvania
$747K
BCWM
688
Bartlett & Co Wealth Management
Ohio
$745K
SFG
689
SageGuard Financial Group
Tennessee
$735K
SFGP
690
Stonebridge Financial Group (Pennsylvania)
Pennsylvania
$734K
MAM
691
Marquette Asset Management
Minnesota
$729K
GFA
692
Gifford Fong Associates
California
$728K
MSA
693
MUFG Securities Americas
New York
$726K
SAM
694
Securian Asset Management
Minnesota
$725K
HPC
695
HM Payson & Co
Maine
$721K
AWA
696
Arete Wealth Advisors
Illinois
$721K
WI
697
WBI Investments
New Jersey
$721K
OTL
698
Oak Thistle LLC
New York
$718K
FCAS
699
First Command Advisory Services
Texas
$714K
IC
700
Inscription Capital
Texas
$713K