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1,357 hedge funds and large institutions have $23.7B invested in Hershey in 2025 Q3 according to their latest regulatory filings, with 159 funds opening new positions, 482 increasing their positions, 454 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more first-time investments, than exits

New positions opened: 159 | Existing positions closed: 94

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

11% more capital invested

Capital invested by funds: $21.3B → $23.7B (+$2.36B)

4% more funds holding

Funds holding: 1,3101,357 (+47)

8% more call options, than puts

Call options by funds: $379M | Put options by funds: $351M

6% more repeat investments, than reductions

Existing positions increased: 482 | Existing positions reduced: 454

1.32% less ownership

Funds ownership: 86.75%85.42% (-1.3%)

Holders
1,357
Holders Change
+47
Holders Change %
+3.59%
% of All Funds
17.81%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.13%
New
159
Increased
482
Reduced
454
Closed
94
Calls
$379M
Puts
$351M
Net Calls
+$28.2M
Net Calls Change
+$101M
Name Holding Trade Value Shares
Change
Change in
Stake
IBOK
826
Independence Bank of Kentucky
Kentucky
$439K
NAAA
827
New Age Alpha Advisors
New York
$438K
RCM
828
Requisite Capital Management
Texas
$435K +$423K +2,327 New
WAM
829
Weatherly Asset Management
California
$433K -$36.3K -200 -8%
HAIM
830
Hunter Associates Investment Management
Pennsylvania
$433K -$200K -1,100 -32%
SCA
831
Snowden Capital Advisors
New York
$431K -$9.27K -51 -2%
MFA
832
McClarren Financial Advisors
Pennsylvania
$431K -$21.3K -117 -5%
ISL
833
Ingalls & Snyder LLC
New York
$431K
BRWA
834
B. Riley Wealth Advisors
Florida
$431K +$145K +796 +53%
FG
835
Foster Group
Iowa
$430K -$14.7K -81 -3%
APA
836
Astoria Portfolio Advisors
New York
$429K -$75.6K -416 -16%
SIG
837
Spinnaker Investment Group
California
$428K +$44.9K +247 +12%
NA
838
Navellier & Associates
Nevada
$428K +$14.5K +80 +4%
CI Investments Inc
839
CI Investments Inc
Ontario, Canada
$427K +$22.5K +124 +6%
GCP
840
GSA Capital Partners
United Kingdom
$426K +$414K +2,280 New
VCM
841
Voleon Capital Management
California
$425K +$412K +2,270 New
NIM
842
Northeast Investment Management
Massachusetts
$424K
CL
843
Choreo LLC
Illinois
$424K +$101K +558 +33%
SP
844
Stablepoint Partners
Massachusetts
$421K -$909 -5 -0.2%
IA
845
Insight Advisors
Pennsylvania
$420K +$5.63K +31 +1%
OCBCO
846
Oversea-Chinese Banking Corp (OCBC)
Singapore
$420K
CAG
847
Csenge Advisory Group
Florida
$420K +$143K +788 +54%
EB
848
Eastern Bank
Massachusetts
$419K
FNT
849
First National Trust
Pennsylvania
$419K -$363 -2 -0.1%
BBA
850
Baader Bank Aktiengesellschaft
Germany
$417K -$14.4K -79 -3%

HSY Hedge Fund Activity: Q3 2025 in Review

1,357 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q3 2025, worth a combined $23.7B — up 11% from $21.3B a quarter earlier.

Buyers outnumbered sellers: 159 funds opened new HSY positions and 94 closed out — a net gain of 65 holders — while 482 added to existing stakes and 454 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $251M. The largest seller was Capital International Investors, cutting an estimated $314M.

  • 1,357 institutional investors held Hershey (HSY) as of Q3 2025, up from 1,310 in Q2 2025.
  • Funds reported $23.7B of Hershey stock for Q3 2025, up 11% quarter-over-quarter.
  • 159 funds opened new Hershey positions in Q3 2025 and 94 closed out, a net change of +65 holders.
  • The largest Hershey buyer in Q3 2025 was Citadel Advisors, an estimated $251M added.
  • The largest Hershey seller in Q3 2025 was Capital International Investors, an estimated $314M sold.

Based on aggregated 13F filings for Q3 2025.