1,388 hedge funds and large institutions have $23.2B invested in Hershey in 2025 Q4 according to their latest regulatory filings, with 165 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
1,388
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
AQR Capital Management
76
AQR Capital Management
Connecticut
$36.4M
CCM
77
Check Capital Management
California
$34.7M
Bessemer Group
78
Bessemer Group
New Jersey
$34.2M
Two Sigma Investments
79
Two Sigma Investments
New York
$33.9M
Nordea Investment Management
80
Nordea Investment Management
Sweden
$33.9M
WIC
81
Willis Investment Counsel
Georgia
$32.9M
Canada Life
82
Canada Life
Manitoba, Canada
$32.8M
Millennium Management
83
Millennium Management
New York
$32.6M
SAM
84
Silvercrest Asset Management
New York
$30.5M
AllianceBernstein
85
AllianceBernstein
Tennessee
$30.3M
Mirae Asset Global Investments
86
Mirae Asset Global Investments
South Korea
$28.9M
ZIM
87
Zacks Investment Management
Illinois
$28.6M
Mitsubishi UFJ Trust & Banking
88
Mitsubishi UFJ Trust & Banking
Japan
$28.4M
MML Investors Services
89
MML Investors Services
Massachusetts
$26.9M
Swedbank
90
Swedbank
Sweden
$26.7M
ACIM
91
Azimuth Capital Investment Management
Michigan
$26.7M
BAM
92
Berkshire Asset Management
Pennsylvania
$26.6M
Russell Investments Group
93
Russell Investments Group
United Kingdom
$26.2M
National Bank of Canada
94
National Bank of Canada
Quebec, Canada
$25.6M
WP
95
Woodline Partners
California
$25M
AT
96
Arbejdsmarkedets Tillaegspension
$23.7M
Ensign Peak Advisors
97
Ensign Peak Advisors
Utah
$23.6M
State Board of Administration of Florida Retirement System
98
State Board of Administration of Florida Retirement System
Florida
$23.3M
CPSAC
99
Chas P. Smith & Associates (CPS)
Florida
$23.2M
SFI
100
Susquehanna Fundamental Investments
Pennsylvania
$23M