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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
HL
1401
HeadInvest LLC
Maine
-$210K -1,225 Closed
MS
1402
Madden Securities
Texas
-$206K -1,205 Closed
Luther King Capital Management (LKCM)
1403
Luther King Capital Management (LKCM)
Texas
-$205K -1,200 Closed
VIP
1404
Vista Investment Partners
Oklahoma
-$205K -1,200 Closed
CS
1405
Cannell & Spears
New York
-$204K -1,194 Closed
DE
1406
Diversified Enterprises
Delaware
-$203K -1,187 Closed
SAF
1407
Smith Anglin Financial
Texas
-$202K -1,182 Closed
APP
1408
Avantax Planning Partners
Iowa
-$202K -1,181 Closed
FFA
1409
Founders Financial Alliance
North Carolina
-$201K -1,174 Closed
WF
1410
Wayfinding Financial
Washington
-$186K -1,089 Closed
EI
1411
eCIO Inc
Wisconsin
-$97.1K -568 Closed
QC
1412
Quent Capital
New York
-$75.6K -442 Closed
SOW
1413
State of Wyoming
Wyoming
-$68.8K -402 Closed
RWM
1414
Ruedi Wealth Management
Illinois
-$68.4K -400 Closed
HCP
1415
Hexagon Capital Partners
Arkansas
-$63.2K -369 Closed
GWM
1416
Graybill Wealth Management
Illinois
-$55.6K -325 Closed
GA
1417
GoalVest Advisory
New York
-$51.3K -300 Closed
GJIA
1418
Glass Jacobson Investment Advisors
Maryland
-$45K -266 Closed
WT
1419
Whittier Trust
California
-$43.8K -256 Closed
AF
1420
Abound Financial
California
-$42.8K -250 Closed
FVIM
1421
Fort Vancouver Investment Management
Washington
-$34.2K -200 Closed
CWM
1422
Compass Wealth Management
Connecticut
-$33.5K -196 Closed
WT
1423
Washington Trust
Rhode Island
-$30.2K -176 Closed
LWANC
1424
Laurel Wealth Advisors (North Carolina)
North Carolina
-$29.9K -175 Closed
GCM
1425
GKV Capital Management
California
-$22.6K -132 Closed

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.