1,399 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: 85.31%86% (+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
1,399
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
NA
851
Navellier & Associates
Nevada
$419K
TL
852
Tradewinds LLC
North Carolina
$419K
Connor, Clark & Lunn Investment Management (CC&L)
853
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$416K
FG
854
Foster Group
Iowa
$416K
BIG
855
Brooklyn Investment Group
New York
$415K
RA
856
RFG Advisory
Alabama
$412K
SSWM
857
Sheets Smith Wealth Management
North Carolina
$411K
MAS
858
Meeder Advisory Services
Ohio
$410K
SP
859
Stablepoint Partners
Massachusetts
$410K
BIG
860
Brookwood Investment Group
Arizona
$404K
RWM
861
Ritholtz Wealth Management
New York
$403K
TE
862
Tema ETFs
New York
$402K
IA
863
Insight Advisors
Pennsylvania
$400K
DSC
864
Duncker Streett & Co
Missouri
$399K
CAG
865
Csenge Advisory Group
Florida
$396K
EFS
866
Essex Financial Services
Connecticut
$396K
VPWA
867
Vestia Personal Wealth Advisors
Indiana
$396K
WAM
868
Wakefield Asset Management
Colorado
$396K
AAM
869
Aureus Asset Management
Massachusetts
$395K
EMAM
870
Encompass More Asset Management
California
$392K
NG
871
Northstar Group
New York
$392K
SCA
872
Snowden Capital Advisors
New York
$390K
WAM
873
Weatherly Asset Management
California
$390K
IFS
874
Intelligent Financial Strategies
Minnesota
$388K
MA
875
Mutual Advisors
Nebraska
$387K