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1,342 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.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 57 (+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: 1,3431,342 (-1)

1% less capital invested

Capital invested by funds: $21.3B → $21B (-$267M)

Holders
1,342
Holders Change
-1
Holders Change %
-0.07%
% of All Funds
17.99%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.09%
New
159
Increased
532
Reduced
432
Closed
141
Calls
$593M
Puts
$466M
Net Calls
+$127M
Net Calls Change
-$565M
Name Holding Trade Value Shares
Change
Change in
Stake
WIC
76
Willis Investment Counsel
Georgia
$27.8M +$3.62M +22,087 +16%
CGPCS
77
Capital Group Private Client Services
California
$27M +$9.47M +57,871 +58%
Millennium Management
78
Millennium Management
New York
$26.9M +$9.18M +56,086 +55%
SFI
79
Susquehanna Fundamental Investments
Pennsylvania
$26.3M +$25.2M +154,022 New
RCW
80
Rheos Capital Works
Japan
$26.3M
Mirae Asset Global Investments
81
Mirae Asset Global Investments
South Korea
$26.1M +$5.28M +32,223 +27%
ZIM
82
Zacks Investment Management
Illinois
$25.7M +$179K +1,092 +0.7%
BAM
83
Berkshire Asset Management
Pennsylvania
$24.7M +$12.3M +74,894 +106%
Baillie Gifford & Co
84
Baillie Gifford & Co
United Kingdom
$24.7M -$6.39M -39,059 -21%
Schroder Investment Management Group
85
Schroder Investment Management Group
United Kingdom
$24.7M -$782K -4,778 -3%
Swedbank
86
Swedbank
Sweden
$24.6M +$85.5K +522 +0.4%
Victory Capital Management
87
Victory Capital Management
Texas
$23.8M -$491K -2,997 -2%
State Board of Administration of Florida Retirement System
88
State Board of Administration of Florida Retirement System
Florida
$23.2M +$558K +3,410 +3%
Susquehanna International Group
89
Susquehanna International Group
Pennsylvania
$22.9M -$37.4M -228,595 -63%
Russell Investments Group
90
Russell Investments Group
United Kingdom
$22.9M +$7.13M +43,534 +48%
CPSAC
91
Chas P. Smith & Associates (CPS)
Florida
$22.8M +$2.95M +18,011 +16%
SAM
92
Storebrand Asset Management
Norway
$22.5M -$8.88M -54,248 -29%
KK
93
KLP Kapitalforvaltning
Norway
$21.9M +$213K +1,300 +1%
Universal-Beteiligungs- und Servicegesellschaft
94
Universal-Beteiligungs- und Servicegesellschaft
Germany
$21.5M +$679K +4,150 +3%
BTW
95
Boston Trust Walden
Massachusetts
$21.1M -$25M -152,947 -55%
IGGA
96
Iron Gate Global Advisors
Utah
$20.2M +$6.96M +42,488 +56%
New York State Teachers Retirement System (NYSTRS)
97
New York State Teachers Retirement System (NYSTRS)
New York
$19.7M -$868K -5,302 -4%
SJIC
98
St. James Investment Company
Texas
$19.7M +$8.23M +50,290 +77%
WSFS
99
Wilmington Savings Fund Society
Delaware
$19.4M -$207K -1,264 -1%
National Bank of Canada
100
National Bank of Canada
Quebec, Canada
$19.3M +$3.26M +19,917 +21%

HSY Hedge Fund Activity: Q1 2025 in Review

1,342 of the 7,458 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.

  • 1,342 institutional investors held Hershey (HSY) as of Q1 2025, down from 1,343 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.