Hershey
1,347 hedge funds and large institutions have $22.3B invested in Hershey in 2023 Q4 according to their latest regulatory filings, with 183 funds opening new positions, 471 increasing their positions, 446 reducing their positions, and 115 closing their positions.
59% more first-time investments, than exits
New positions opened: 183 | Existing positions closed: 115
4% more funds holding
Funds holding: 1,297 → 1,347 (+50)
1.29% more ownership
Funds ownership: 78.46% → 79.76% (+1.3%)
6% more repeat investments, than reductions
Existing positions increased: 471 | Existing positions reduced: 446
5% less call options, than puts
Call options by funds: $575M | Put options by funds: $607M
5% less capital invested
Capital invested by funds: $23.5B → $22.3B (-$1.26B)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$649M |
| 2 |
Two Sigma Advisers
New York
|
+$122M |
| 3 |
Two Sigma Investments
New York
|
+$86.5M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$72.8M |
| 5 |
Millennium Management
New York
|
+$63.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$317M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$131M |
| 3 |
Renaissance Technologies
New York
|
-$111M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$70.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$56.8M |
HSY Hedge Fund Activity: Q4 2023 in Review
1,347 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q4 2023, worth a combined $22.3B — down 5.3% from $23.5B a quarter earlier.
Buyers outnumbered sellers: 183 funds opened new HSY positions and 115 closed out — a net gain of 68 holders — while 471 added to existing stakes and 446 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $649M. The largest seller was T. Rowe Price Associates, cutting an estimated $317M.
- 1,347 institutional investors held Hershey (HSY) as of Q4 2023, up from 1,297 in Q3 2023.
- Funds reported $22.3B of Hershey stock for Q4 2023, down 5.3% quarter-over-quarter.
- 183 funds opened new Hershey positions in Q4 2023 and 115 closed out, a net change of +68 holders.
- The largest Hershey buyer in Q4 2023 was Morgan Stanley, an estimated $649M added.
- The largest Hershey seller in Q4 2023 was T. Rowe Price Associates, an estimated $317M sold.
Based on aggregated 13F filings for Q4 2023.