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
MSWM
676
Master's Wealth Management
Pennsylvania
$764K
VCA
677
Verdence Capital Advisors
Maryland
$761K
SC
678
Schulhoff & Co
Ohio
$761K
FPAS
679
Focus Partners Advisor Solutions
Missouri
$760K
IWN
680
Independent Wealth Network
Iowa
$757K
TA
681
Tectonic Advisors
Texas
$753K
PTC
682
Philadelphia Trust Company
Pennsylvania
$750K
WA
683
Wealth Alliance
New York
$749K
RWA
684
River Wealth Advisors
Pennsylvania
$747K
BCWM
685
Bartlett & Co Wealth Management
Ohio
$745K
SFG
686
SageGuard Financial Group
Tennessee
$735K
SFGP
687
Stonebridge Financial Group (Pennsylvania)
Pennsylvania
$734K
MAM
688
Marquette Asset Management
Minnesota
$729K
GFA
689
Gifford Fong Associates
California
$728K
MSA
690
MUFG Securities Americas
New York
$726K
SAM
691
Securian Asset Management
Minnesota
$725K
HPC
692
HM Payson & Co
Maine
$721K
AWA
693
Arete Wealth Advisors
Illinois
$721K
WI
694
WBI Investments
New Jersey
$721K
OTL
695
Oak Thistle LLC
New York
$718K
FCAS
696
First Command Advisory Services
Texas
$714K
IC
697
Inscription Capital
Texas
$713K
UCFA
698
United Capital Financial Advisors
Texas
$711K
CCWM
699
Cassaday & Co Wealth Management
Virginia
$707K
HZ
700
Hixon Zuercher
Ohio
$706K