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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
VFM
1176
Vision Financial Markets
Connecticut
$26.6K -$1.48K -9 -5%
C
1177
Covestor
United Kingdom
$26K -$30K -182 -53%
DJSG
1178
D.J. St. Germain
Massachusetts
$25.4K -$3.3K -20 -12%
MMG
1179
Monetary Management Group
Missouri
$24.9K
MC
1180
Montag & Caldwell
Georgia
$24.9K
CFO
1181
CVA Family Office
Colorado
$24.1K +$9.07K +55 +61%
API
1182
Asset Planning Inc
California
$23.4K +$165 +1 +0.7%
BOJHT
1183
Bank of Jackson Hole Trust
Wyoming
$23.2K +$23.1K +140 New
PP
1184
PFS Partners
New Jersey
$21.8K +$165 +1 +0.8%
RA
1185
Rise Advisors
New York
$20.8K +$1.15K +7 +6%
IAS
1186
IMA Advisory Services
Colorado
$20.7K
HWM
1187
Hemington Wealth Management
Virginia
$20K -$12.4K -75 -38%
NECFA
1188
New England Capital Financial Advisors
Connecticut
$20K
CA
1189
Crewe Advisors
Utah
$19.9K
BFS
1190
Burkett Financial Services
South Carolina
$18.8K +$165 +1 +0.9%
WBC
1191
West Branch Capital
Massachusetts
$17.9K
CIAS
1192
CBIZ Investment Advisory Services
Ohio
$17.6K -$165 -1 -0.9%
IRC
1193
Investors Research Corp
Georgia
$17.3K
LFA
1194
Livelsberger Financial Advisory
Ohio
$17.1K +$17K +103 New
OAJ
1195
Ogorek Anthony Joseph
New York
$17K
FFL
1196
Financial Freedom LLC
Ohio
$16.6K
GIA
1197
GHP Investment Advisors
Colorado
$16.6K
HIMS
1198
Hager Investment Management Services
New Hampshire
$16.6K
PFG
1199
Putney Financial Group
California
$16.6K
RAM
1200
Riggs Asset Management
Pennsylvania
$16.6K

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.