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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
BFP
1251
Briaud Financial Planning
Texas
$5K +$5.93K +36 New
CPG
1252
Cornerstone Planning Group
New Jersey
$4.91K +$1.15K +7 +37%
MBFW
1253
Morton Brown Family Wealth
Pennsylvania
$4.48K
SWP
1254
SIMA Wealth Partners
Virginia
$4.48K
FFO
1255
Fortitude Family Office
Arizona
$4.32K +$3.13K +19 +271%
FP
1256
Financial Perspectives
Minnesota
$4.21K
MAM
1257
Meeder Asset Management
Ohio
$4.15K +$824 +5 +25%
HFS
1258
Hughes Financial Services
Virginia
$3.96K +$989 +6 +40%
IRAG
1259
Investment Research & Advisory Group
Georgia
$3.68K
NRG
1260
Nemes Rush Group
Michigan
$3.65K
AWM
1261
Abound Wealth Management
Tennessee
$3.33K
AFG
1262
Albion Financial Group
Utah
$3.32K
PWS
1263
Peterson Wealth Services
Utah
$3.32K +$3.3K +20 New
SO
1264
Sierra Ocean
California
$3.15K -$824 -5 -21%
SC
1265
Swan Capital
Florida
$3.09K +$165 +1 +6%
TCA
1266
Trifecta Capital Advisors
Illinois
$2.99K
MFT
1267
Moisand Fitzgerald Tamayo
Florida
$2.82K
GWP
1268
Gen-Wealth Partners
Michigan
$2.82K -$809K -4,909 -100%
KHC
1269
Koesten Hirschmann & Crabtree
Kansas
$2.77K +$2.8K +17 New
CIA
1270
Cape Investment Advisory
Georgia
$2.73K
BCM
1271
Boreal Capital Management
Florida
$2.65K +$2.64K +16 New
IWM
1272
IMG Wealth Management
Florida
$2.65K +$2.64K +16 New
FF
1273
Friedenthal Financial
New Jersey
$2.49K +$2.47K +15 New
KG
1274
Kilter Group
New York
$2.49K +$2.47K +15 New
CAL
1275
Capital Advisors Ltd
Ohio
$2K -$659 -4 -29%

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.