1,295 hedge funds and large institutions have $21.3B invested in Hershey in 2025 Q2 according to their latest regulatory filings, with 115 funds opening new positions, 511 increasing their positions, 437 reducing their positions, and 133 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more funds holding in top 10

Funds holding in top 10:

more ownership

Funds ownership:

more capital invested

Capital invested by funds: $ → $

3% less funds holding

Funds holding: 1,3291,295 (-34)

14% less first-time investments, than exits

New positions opened: 115 | Existing positions closed: 133

18% less call options, than puts

Call options by funds: $337M | Put options by funds: $410M

Holders
1,295
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$337M
Puts
$410M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SOMRS
201
State of Michigan Retirement System
Michigan
$6.96M
MFG
202
Monte Financial Group
Connecticut
$6.86M
LG
203
LaFleur & Godfrey
Michigan
$6.8M
EWA
204
Exencial Wealth Advisors
Oklahoma
$6.72M
IAA
205
Independent Advisor Alliance
North Carolina
$6.63M
BFIM
206
Beese Fulmer Investment Management
Ohio
$6.57M
EH
207
Equitable Holdings
New York
$6.56M
IIM
208
INTECH Investment Management
Florida
$6.51M
Man Group
209
Man Group
United Kingdom
$6.51M
CWP
210
Cyndeo Wealth Partners
Florida
$6.41M
MIM
211
MetLife Investment Management
New Jersey
$6.38M
YAM
212
Yacktman Asset Management
Texas
$6.35M
EAM
213
Erste Asset Management
Austria
$6.31M
Hudson Bay Capital Management
214
Hudson Bay Capital Management
Connecticut
$6.3M
OIC
215
Orion Investment Company
Missouri
$6.25M
ACA
216
Aptus Capital Advisors
Alabama
$6.13M
QOP
217
Quinn Opportunity Partners
Virginia
$6.13M
PCM
218
Poehling Capital Management
Wisconsin
$6.11M
COPPSERS
219
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$6.02M
William Blair & Company
220
William Blair & Company
Illinois
$6.02M
CNB
221
Czech National Bank
Czech Republic
$6M
Corient Private Wealth
222
Corient Private Wealth
Florida
$5.98M
M&T Bank
223
M&T Bank
New York
$5.88M
CAM
224
Cresset Asset Management
Illinois
$5.78M
Korea Investment Corp
225
Korea Investment Corp
South Korea
$5.68M