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1,310 hedge funds and large institutions have $21.3B invested in Hershey in 2025 Q2 according to their latest regulatory filings, with 114 funds opening new positions, 518 increasing their positions, 442 reducing their positions, and 133 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 518 | Existing positions reduced: 442

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

3.7% more ownership

Funds ownership: 83.05%86.75% (+3.7%)

1% more capital invested

Capital invested by funds: $21B → $21.3B (+$307M)

2% less funds holding

Funds holding: 1,3421,310 (-32)

14% less first-time investments, than exits

New positions opened: 114 | Existing positions closed: 133

18% less call options, than puts

Call options by funds: $337M | Put options by funds: $410M

Holders
1,310
Holders Change
-32
Holders Change %
-2.38%
% of All Funds
17.25%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.11%
New
114
Increased
518
Reduced
442
Closed
133
Calls
$337M
Puts
$410M
Net Calls
-$73.3M
Net Calls Change
-$200M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
76
Bank of Montreal
Ontario, Canada
$31.4M -$1.55M -9,426 -5%
Ensign Peak Advisors
77
Ensign Peak Advisors
Utah
$31M +$2.12M +12,832 +7%
CCM
78
Check Capital Management
California
$31M -$251K -1,521 -0.8%
Ameriprise
79
Ameriprise
Minnesota
$30.5M -$14.2M -86,276 -32%
WIC
80
Willis Investment Counsel
Georgia
$29.6M +$2.6M +15,779 +10%
AllianceBernstein
81
AllianceBernstein
Tennessee
$28.2M -$2.44M -14,804 -8%
Canada Life
82
Canada Life
Manitoba, Canada
$27.7M -$11.9M -72,360 -30%
WP
83
Woodline Partners
California
$26.2M +$24M +145,530 +1,166%
SFI
84
Susquehanna Fundamental Investments
Pennsylvania
$25.6M
RCW
85
Rheos Capital Works
Japan
$25.6M
Mirae Asset Global Investments
86
Mirae Asset Global Investments
South Korea
$25.4M -$69.9K -424 -0.3%
ZIM
87
Zacks Investment Management
Illinois
$24.9M +$28.7K +174 +0.1%
BAM
88
Berkshire Asset Management
Pennsylvania
$24.1M -$72K -437 -0.3%
Swedbank
89
Swedbank
Sweden
$23.5M -$321K -1,947 -1%
CPSAC
90
Chas P. Smith & Associates (CPS)
Florida
$23.5M +$1.4M +8,467 +6%
National Bank of Canada
91
National Bank of Canada
Quebec, Canada
$23.3M +$4.6M +27,917 +25%
Russell Investments Group
92
Russell Investments Group
United Kingdom
$22.6M +$371K +2,252 +2%
State Board of Administration of Florida Retirement System
93
State Board of Administration of Florida Retirement System
Florida
$22M -$494K -2,998 -2%
KK
94
KLP Kapitalforvaltning
Norway
$21.8M +$560K +3,400 +3%
SAM
95
Storebrand Asset Management
Norway
$21.8M -$100K -607 -0.5%
Susquehanna International Group
96
Susquehanna International Group
Pennsylvania
$21.1M -$1.13M -6,855 -5%
IGGA
97
Iron Gate Global Advisors
Utah
$20.6M +$999K +6,059 +5%
Schroder Investment Management Group
98
Schroder Investment Management Group
United Kingdom
$20.3M -$3.77M -22,886 -16%
IGAM
99
iA Global Asset Management
Quebec, Canada
$19.6M +$19.5M +118,393 New
HA
100
Heartland Advisors
Wisconsin
$19.6M +$9.65M +58,524 +99%

HSY Hedge Fund Activity: Q2 2025 in Review

1,310 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q2 2025, worth a combined $21.3B — up 1.5% from $21B a quarter earlier.

Sellers outnumbered buyers: 133 funds closed out of HSY and 114 opened new positions — a net loss of 19 holders — while 442 trimmed existing stakes and 518 added.

The largest buyer was Capital Research Global Investors, adding an estimated $248M. The largest seller was Capital International Investors, cutting an estimated $156M.

  • 1,310 institutional investors held Hershey (HSY) as of Q2 2025, down from 1,342 in Q1 2025.
  • Funds reported $21.3B of Hershey stock for Q2 2025, up 1.5% quarter-over-quarter.
  • 114 funds opened new Hershey positions in Q2 2025 and 133 closed out, a net change of -19 holders.
  • The largest Hershey buyer in Q2 2025 was Capital Research Global Investors, an estimated $248M added.
  • The largest Hershey seller in Q2 2025 was Capital International Investors, an estimated $156M sold.

Based on aggregated 13F filings for Q2 2025.