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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
NAAA
826
New Age Alpha Advisors
New York
$388K +$376K +2,284 +4,153%
EFA
827
Edge Financial Advisors
Illinois
$387K +$3.13K +19 +0.8%
CT
828
Chicago Trust
Illinois
$384K +$103K +624 +37%
OWA
829
Outlook Wealth Advisors
Texas
$382K -$5.11K -31 -1%
ISL
830
Ingalls & Snyder LLC
New York
$382K -$16.5K -100 -4%
NIM
831
Northeast Investment Management
Massachusetts
$376K
EFS
832
Essex Financial Services
Connecticut
$376K -$10.9K -66 -3%
SP
833
Stablepoint Partners
Massachusetts
$374K +$824 +5 +0.2%
NERM
834
New England Research & Management
Illinois
$373K +$371K +2,250 New
KCM
835
Kathmere Capital Management
Pennsylvania
$373K +$84.7K +514 +30%
OCBCO
836
Oversea-Chinese Banking Corp (OCBC)
Singapore
$372K
FNT
837
First National Trust
Pennsylvania
$372K -$10.1K -61 -3%
EB
838
Eastern Bank
Massachusetts
$372K +$95.6K +580 +35%
LSA
839
Leonteq Securities AG
Switzerland
$371K -$192K -1,164 -34%
NG
840
Northstar Group
New York
$370K
EMAM
841
Encompass More Asset Management
California
$370K +$60.5K +367 +20%
FIA
842
Foundations Investment Advisors
Arizona
$369K +$114K +689 +45%
IA
843
Insight Advisors
Pennsylvania
$367K +$165 +1 +0%
NA
844
Navellier & Associates
Nevada
$366K +$2.14K +13 +0.6%
AC
845
Apella Capital
Connecticut
$365K +$32.5K +197 +10%
LCWP
846
Legacy Capital Wealth Partners
Arkansas
$364K +$362K +2,194 New
SSA
847
Schonfeld Strategic Advisors
New York
$364K -$755K -4,583 -68%
DSC
848
Duncker Streett & Co
Missouri
$364K
RWM
849
Ritholtz Wealth Management
New York
$363K +$36.1K +219 +11%
CI Investments Inc
850
CI Investments Inc
Ontario, Canada
$358K -$12.2K -74 -3%

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.