Hershey
925 hedge funds and large institutions have $15.6B invested in Hershey in 2020 Q3 according to their latest regulatory filings, with 89 funds opening new positions, 278 increasing their positions, 331 reducing their positions, and 69 closing their positions.
29% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 69
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
8% more capital invested
Capital invested by funds: $14.5B → $15.6B (+$1.11B)
1% more funds holding
Funds holding: 913 → 925 (+12)
0.9% less ownership
Funds ownership: 75.81% → 74.9% (-0.9%)
16% less repeat investments, than reductions
Existing positions increased: 278 | Existing positions reduced: 331
27% less call options, than puts
Call options by funds: $177M | Put options by funds: $243M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$185M |
| 2 |
Millennium Management
New York
|
+$150M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$113M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$78.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$61.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$149M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$125M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$84.3M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$75M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$71.3M |
HSY Hedge Fund Activity: Q3 2020 in Review
925 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q3 2020, worth a combined $15.6B — up 7.7% from $14.5B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new HSY positions and 69 closed out — a net gain of 20 holders — while 278 added to existing stakes and 331 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $185M. The largest seller was Renaissance Technologies, cutting an estimated $149M.
- 925 institutional investors held Hershey (HSY) as of Q3 2020, up from 913 in Q2 2020.
- Funds reported $15.6B of Hershey stock for Q3 2020, up 7.7% quarter-over-quarter.
- 89 funds opened new Hershey positions in Q3 2020 and 69 closed out, a net change of +20 holders.
- The largest Hershey buyer in Q3 2020 was Victory Capital Management, an estimated $185M added.
- The largest Hershey seller in Q3 2020 was Renaissance Technologies, an estimated $149M sold.
Based on aggregated 13F filings for Q3 2020.