1,389 hedge funds and large institutions have $23.2B invested in Hershey in 2025 Q4 according to their latest regulatory filings, with 166 funds opening new positions, 441 increasing their positions, 523 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:

0.67% more ownership

Funds ownership: 85.27%85.94% (+0.67%)

2% less capital invested

Capital invested by funds: $23.6B → $23.2B (-$463M)

16% less repeat investments, than reductions

Existing positions increased: 441 | Existing positions reduced: 523

Holders
1,389
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
$274M
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
TIA
901
Traphagen Investment Advisors
New Jersey
$352K
RC
902
Rovin Capital
Arizona
$351K
VAS
903
Vestmark Advisory Solutions
Massachusetts
$350K
EM
904
Excalibur Management
Massachusetts
$349K
FNBTCON
905
First National Bank & Trust Co of Newtown
Pennsylvania
$349K
CWS
906
Confluence Wealth Services
Pennsylvania
$344K
PA
907
Profund Advisors
Maryland
$341K
HCM
908
Hall Capital Management
Rhode Island
$341K
PWP
909
Principle Wealth Partners
Connecticut
$340K
WAS
910
Wesleyan Assurance Society
United Kingdom
$340K
APP
911
Avantax Planning Partners
Iowa
$340K
SF
912
Summit Financial
New Jersey
$339K
PWG
913
Portside Wealth Group
Utah
$337K
SCA
914
Sippican Capital Advisors
Massachusetts
$337K
APL
915
ADVISORTRUST PARTNERS, LLC
North Carolina
$336K
RWA
916
Rooted Wealth Advisors
Illinois
$332K
CC
917
Courier Capital
New York
$331K
SLG
918
Stanley-Laman Group
Pennsylvania
$331K
PVI
919
Pine Valley Investments
New Jersey
$330K
BWL
920
Bogart Wealth LLC
Virginia
$330K
SPC
921
Sigma Planning Corp
Michigan
$328K
VHAM
922
Van Hulzen Asset Management
California
$328K
GD
923
Grandfield & Dodd
New York
$325K
GI
924
GAMCO Investors
Connecticut
$324K
VAM
925
Verity Asset Management
North Carolina
$323K