Hershey
696 hedge funds and large institutions have $10.4B invested in Hershey in 2016 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 193 increasing their positions, 261 reducing their positions, and 88 closing their positions.
2.83% less ownership
Funds ownership: 75.09% → 72.26% (-2.8%)
4% less funds holding
Funds holding: 723 → 696 (-27)
19% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 88
20% less capital invested
Capital invested by funds: $13B → $10.4B (-$2.56B)
25% less call options, than puts
Call options by funds: $186M | Put options by funds: $249M
26% less repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 261
63% less funds holding in top 10
Funds holding in top 10: 16 → 6 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$108M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$106M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$102M |
| 4 |
Millennium Management
New York
|
+$87.3M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$76.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
-$160M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$159M |
| 3 |
Morgan Stanley
New York
|
-$111M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$73.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$69M |
HSY Hedge Fund Activity: Q3 2016 in Review
696 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q3 2016, worth a combined $10.4B — down 20% from $13B a quarter earlier.
Sellers outnumbered buyers: 88 funds closed out of HSY and 71 opened new positions — a net loss of 17 holders — while 261 trimmed existing stakes and 193 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $108M. The largest seller was Aristotle Capital Management, cutting an estimated $160M.
- 696 institutional investors held Hershey (HSY) as of Q3 2016, down from 723 in Q2 2016.
- Funds reported $10.4B of Hershey stock for Q3 2016, down 20% quarter-over-quarter.
- 71 funds opened new Hershey positions in Q3 2016 and 88 closed out, a net change of -17 holders.
- The largest Hershey buyer in Q3 2016 was T. Rowe Price Associates, an estimated $108M added.
- The largest Hershey seller in Q3 2016 was Aristotle Capital Management, an estimated $160M sold.
Based on aggregated 13F filings for Q3 2016.