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
Schroder Investment Management Group
101
Schroder Investment Management Group
United Kingdom
$22.9M
RCW
102
Rheos Capital Works
Japan
$22.6M
Aviva
103
Aviva
United Kingdom
$22.6M
Zurich Cantonal Bank
104
Zurich Cantonal Bank
Switzerland
$22.5M
Korea Investment Corp
105
Korea Investment Corp
South Korea
$22.3M
IGGA
106
Iron Gate Global Advisors
Utah
$21.7M
TI
107
Tidal Investments
Wisconsin
$21.7M
CIM
108
Corda Investment Management
Texas
$21.5M
Cetera Investment Advisers
109
Cetera Investment Advisers
Illinois
$21.4M
SJIC
110
St. James Investment Company
Texas
$20.7M
SPS
111
Susquehanna Portfolio Strategies
Pennsylvania
$20.7M
Arrowstreet Capital
112
Arrowstreet Capital
Massachusetts
$20.5M
New York State Teachers Retirement System (NYSTRS)
113
New York State Teachers Retirement System (NYSTRS)
New York
$20.3M
KK
114
KLP Kapitalforvaltning
Norway
$20.2M
Aberdeen Group
115
Aberdeen Group
United Kingdom
$20.1M
QCM
116
Quantinno Capital Management
New York
$20M
BAMF
117
BI Asset Management Fondsmaeglerselskab
Denmark
$19.4M
Janney Montgomery Scott
118
Janney Montgomery Scott
Pennsylvania
$19.3M
Adage Capital Partners
119
Adage Capital Partners
Massachusetts
$18.7M
New York State Common Retirement Fund
120
New York State Common Retirement Fund
New York
$18.3M
Royal London Asset Management
121
Royal London Asset Management
United Kingdom
$18.3M
Universal-Beteiligungs- und Servicegesellschaft
122
Universal-Beteiligungs- und Servicegesellschaft
Germany
$18.3M
HighTower Advisors
123
HighTower Advisors
Illinois
$17.9M
HA
124
Heartland Advisors
Wisconsin
$17.7M
PTPFOECYE
125
PBU - The Pension Fund of Early Childhood & Youth Educators
$17.5M