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
BB
1001
Berkshire Bank
Massachusetts
$269K
WCP
1002
Wealthcare Capital Partners
Pennsylvania
$268K
AFW
1003
Avantra Family Wealth
Pennsylvania
$268K
BSTWA
1004
Blake Schutter Theil Wealth Advisors
Ohio
$268K
OC
1005
Oarsman Capital
Wisconsin
$267K
CA
1006
Crane Advisory
California
$266K
SCTC
1007
Sanibel Captiva Trust Company
Florida
$265K
CIM
1008
Cambria Investment Management
California
$264K
AIP
1009
Ameritas Investment Partners
Nebraska
$264K
GHA
1010
Granite Harbor Advisors
Texas
$264K
WC
1011
Waterloo Capital
Texas
$264K
CCP
1012
Cane Capital Partners
Louisiana
$264K
BPW
1013
Bingham Private Wealth
California
$263K
SW
1014
Simplicity Wealth
New Jersey
$262K
RSWM
1015
Robertson Stephens Wealth Management
California
$261K
CI
1016
Cigna Investments
Connecticut
$260K
NERM
1017
New England Research & Management
Illinois
$259K
NFG
1018
Nadler Financial Group
Illinois
$258K
APG
1019
Abacus Planning Group
South Carolina
$256K
NCM
1020
Novare Capital Management
North Carolina
$254K
BMC
1021
Beaton Management Company
Massachusetts
$252K
AF
1022
Advisornet Financial
Minnesota
$252K
LFAS
1023
Level Four Advisory Services
Texas
$252K
LC
1024
Lawood & Co
Pennsylvania
$251K
WA
1025
WealthTrust Axiom
Pennsylvania
$250K