Hershey
1,401 hedge funds and large institutions have $22.8B invested in Hershey in 2026 Q2 according to their latest regulatory filings, with 121 funds opening new positions, 537 increasing their positions, 505 reducing their positions, and 176 closing their positions.
13% more call options, than puts
Call options by funds: $238M | Put options by funds: $210M
3.61% more ownership
Funds ownership: 84.08% → 87.69% (+3.6%)
6% more repeat investments, than reductions
Existing positions increased: 537 | Existing positions reduced: 505
5% less funds holding
Funds holding: 1,477 → 1,401 (-76)
12% less capital invested
Capital invested by funds: $25.9B → $22.8B (-$3.06B)
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
31% less first-time investments, than exits
New positions opened: 121 | Existing positions closed: 176
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$522M |
| 2 |
Morgan Stanley
New York
|
+$321M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$186M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$153M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$141M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$364M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$152M |
| 3 |
Jane Street
New York
|
-$126M |
| 4 |
HTC
Hershey Trust Company
Hershey,
Pennsylvania
|
-$115M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$86.8M |
HSY Hedge Fund Activity: Q2 2026 in Review
1,401 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q2 2026, worth a combined $22.8B — down 12% from $25.9B a quarter earlier.
Sellers outnumbered buyers: 176 funds closed out of HSY and 121 opened new positions — a net loss of 55 holders — while 505 trimmed existing stakes and 537 added.
The largest buyer was GQG Partners, opening a new position worth an estimated $522M. The largest seller was Two Sigma Investments, cutting an estimated $364M.
- 1,401 institutional investors held Hershey (HSY) as of Q2 2026, down from 1,477 in Q1 2026.
- Funds reported $22.8B of Hershey stock for Q2 2026, down 12% quarter-over-quarter.
- 121 funds opened new Hershey positions in Q2 2026 and 176 closed out, a net change of -55 holders.
- The largest Hershey buyer in Q2 2026 was GQG Partners, an estimated $522M added.
- The largest Hershey seller in Q2 2026 was Two Sigma Investments, an estimated $364M sold.
Based on aggregated 13F filings for Q2 2026.