1,397 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: 85.3%85.98% (+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
1,397
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
GAM
676
Gotham Asset Management
New York
$767K
LOWM
677
Laurel Oak Wealth Management
New Jersey
$765K
MSWM
678
Master's Wealth Management
Pennsylvania
$764K
VCA
679
Verdence Capital Advisors
Maryland
$761K
SC
680
Schulhoff & Co
Ohio
$761K
FPAS
681
Focus Partners Advisor Solutions
Missouri
$760K
IWN
682
Independent Wealth Network
Iowa
$757K
TA
683
Tectonic Advisors
Texas
$753K
PTC
684
Philadelphia Trust Company
Pennsylvania
$750K
WA
685
Wealth Alliance
New York
$749K
RWA
686
River Wealth Advisors
Pennsylvania
$747K
BCWM
687
Bartlett & Co Wealth Management
Ohio
$745K
SFG
688
SageGuard Financial Group
Tennessee
$735K
SFGP
689
Stonebridge Financial Group (Pennsylvania)
Pennsylvania
$734K
MAM
690
Marquette Asset Management
Minnesota
$729K
GFA
691
Gifford Fong Associates
California
$728K
MSA
692
MUFG Securities Americas
New York
$726K
SAM
693
Securian Asset Management
Minnesota
$725K
HPC
694
HM Payson & Co
Maine
$721K
AWA
695
Arete Wealth Advisors
Illinois
$721K
WI
696
WBI Investments
New Jersey
$721K
OTL
697
Oak Thistle LLC
New York
$718K
FCAS
698
First Command Advisory Services
Texas
$714K
IC
699
Inscription Capital
Texas
$713K
UCFA
700
United Capital Financial Advisors
Texas
$711K