1,333 hedge funds and large institutions have $23.6B invested in Hershey in 2025 Q3 according to their latest regulatory filings, with 159 funds opening new positions, 476 increasing their positions, 445 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding in top 10

Funds holding in top 10:

more capital invested

Capital invested by funds: $ → $

more funds holding

Funds holding:

8% more call options, than puts

Call options by funds: $379M | Put options by funds: $351M

7% more repeat investments, than reductions

Existing positions increased: 476 | Existing positions reduced: 445

1.4% less ownership

Funds ownership: 86.55%85.15% (-1.4%)

Holders
1,333
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$379M
Puts
$351M
Net Calls
Net Calls Change

Top Sellers

1 -$323M
2 -$268M
3 -$150M
4
Amundi
Amundi
France
-$93.3M
5
UBS AM
UBS AM
Illinois
-$82.6M
Name Holding Trade Value Shares
Change
Change in
Stake
JA
176
JLB & Associates
Michigan
$10.4M
A
177
Allianz
Germany
$10.4M
PAM
178
Palisade Asset Management
Minnesota
$10.3M
LKIM
179
Lawson Kroeker Investment Management
Nebraska
$10.3M
CBU
180
CIBC Bancorp USA
Illinois
$10.2M
MG
181
Markel Group
Virginia
$10.2M
UB
182
UMB Bank
Missouri
$9.85M
LCM
183
Logan Capital Management
Pennsylvania
$9.78M
UBV
184
United Bank (Virginia)
Virginia
$9.67M
Cerity Partners
185
Cerity Partners
New York
$9.65M
LF
186
Lansforsakringar Fondforvaltning
Sweden
$9.61M
State of New Jersey Common Pension Fund D
187
State of New Jersey Common Pension Fund D
New Jersey
$9.61M
Nomura Asset Management
188
Nomura Asset Management
Japan
$9.59M
Verition Fund Management
189
Verition Fund Management
Connecticut
$9.41M
Natixis Advisors
190
Natixis Advisors
Massachusetts
$9.34M
ACP
191
Albar Capital Partners
United Kingdom
$9.31M
ACM
192
Aquatic Capital Management
Illinois
$9.27M
CIBC Asset Management
193
CIBC Asset Management
Ontario, Canada
$8.89M
Baird Financial Group
194
Baird Financial Group
Wisconsin
$8.5M
SIA
195
Soltis Investment Advisors
Utah
$8.46M
EF
196
Empowered Funds
Pennsylvania
$8.42M
DekaBank Deutsche Girozentrale
197
DekaBank Deutsche Girozentrale
Germany
$8.41M
RIM
198
Rakuten Investment Management
Japan
$8.4M
KGC
199
Kennon-Green & Company
Ohio
$8.33M
RB
200
Rodgers Brothers
Pennsylvania
$8.31M