Hershey
1,343 hedge funds and large institutions have $21B invested in Hershey in 2025 Q1 according to their latest regulatory filings, with 159 funds opening new positions, 532 increasing their positions, 432 reducing their positions, and 141 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
27% more call options, than puts
Call options by funds: $593M | Put options by funds: $466M
23% more repeat investments, than reductions
Existing positions increased: 532 | Existing positions reduced: 432
13% more first-time investments, than exits
New positions opened: 159 | Existing positions closed: 141
0.87% more ownership
Funds ownership: 82.18% → 83.05% (+0.87%)
0% less funds holding
Funds holding: 1,344 → 1,343 (-1)
1% less capital invested
Capital invested by funds: $21.3B → $21B (-$267M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$221M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$132M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$105M |
| 4 |
Morgan Stanley
New York
|
+$104M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$91.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$140M |
| 2 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$93.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$87.1M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$61.2M |
| 5 |
Squarepoint
New York
|
-$52.6M |
HSY Hedge Fund Activity: Q1 2025 in Review
1,343 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q1 2025, worth a combined $21B — down 1.3% from $21.3B a quarter earlier.
Buyers outnumbered sellers: 159 funds opened new HSY positions and 141 closed out — a net gain of 18 holders — while 532 added to existing stakes and 432 trimmed.
The largest buyer was Norges Bank, adding an estimated $221M. The largest seller was Capital International Investors, cutting an estimated $140M.
- 1,343 institutional investors held Hershey (HSY) as of Q1 2025, down from 1,344 in Q4 2024.
- Funds reported $21B of Hershey stock for Q1 2025, down 1.3% quarter-over-quarter.
- 159 funds opened new Hershey positions in Q1 2025 and 141 closed out, a net change of +18 holders.
- The largest Hershey buyer in Q1 2025 was Norges Bank, an estimated $221M added.
- The largest Hershey seller in Q1 2025 was Capital International Investors, an estimated $140M sold.
Based on aggregated 13F filings for Q1 2025.