Hershey
962 hedge funds and large institutions have $16.4B invested in Hershey in 2019 Q4 according to their latest regulatory filings, with 131 funds opening new positions, 267 increasing their positions, 356 reducing their positions, and 74 closing their positions.
77% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 74
4% more funds holding
Funds holding: 924 → 962 (+38)
0.73% less ownership
Funds ownership: 76.07% → 75.34% (-0.73%)
6% less capital invested
Capital invested by funds: $17.5B → $16.4B (-$1.1B)
25% less repeat investments, than reductions
Existing positions increased: 267 | Existing positions reduced: 356
32% less call options, than puts
Call options by funds: $147M | Put options by funds: $215M
33% less funds holding in top 10
Funds holding in top 10: 15 → 10 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$96.8M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$59.5M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$40.8M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$29.2M |
| 5 |
Lazard Asset Management
New York
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$125M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$83.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$75.4M |
| 4 |
Renaissance Technologies
New York
|
-$50.1M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$49.6M |
HSY Hedge Fund Activity: Q4 2019 in Review
962 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q4 2019, worth a combined $16.4B — down 6.3% from $17.5B a quarter earlier.
Buyers outnumbered sellers: 131 funds opened new HSY positions and 74 closed out — a net gain of 57 holders — while 267 added to existing stakes and 356 trimmed.
The largest buyer was BlackRock, adding an estimated $96.8M. The largest seller was VOYA Investment Management, cutting an estimated $125M.
- 962 institutional investors held Hershey (HSY) as of Q4 2019, up from 924 in Q3 2019.
- Funds reported $16.4B of Hershey stock for Q4 2019, down 6.3% quarter-over-quarter.
- 131 funds opened new Hershey positions in Q4 2019 and 74 closed out, a net change of +57 holders.
- The largest Hershey buyer in Q4 2019 was BlackRock, an estimated $96.8M added.
- The largest Hershey seller in Q4 2019 was VOYA Investment Management, an estimated $125M sold.
Based on aggregated 13F filings for Q4 2019.