1,379 hedge funds and large institutions have $23.1B invested in Hershey in 2025 Q4 according to their latest regulatory filings, with 160 funds opening new positions, 438 increasing their positions, 521 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more funds holding in top 10

Funds holding in top 10:

more funds holding

Funds holding:

0.37% more ownership

Funds ownership: 85.27%85.64% (+0.37%)

2% less capital invested

Capital invested by funds: $23.6B → $23.1B (-$543M)

16% less repeat investments, than reductions

Existing positions increased: 438 | Existing positions reduced: 521

Holders
1,379
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$322M
Puts
$274M
Net Calls
Net Calls Change

Top Buyers

1 +$163M
2 +$140M
3 +$105M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$102M
5
Squarepoint
Squarepoint
New York
+$88.1M

Top Sellers

1 -$270M
2 -$183M
3 -$181M
4
Macquarie Group
Macquarie Group
Australia
-$106M
5
UBS Group
UBS Group
Switzerland
-$88.5M
Name Holding Trade Value Shares
Change
Change in
Stake
KGC
201
Kennon-Green & Company
Ohio
$8.04M
Nisa Investment Advisors
202
Nisa Investment Advisors
Missouri
$7.92M
IAA
203
Independent Advisor Alliance
North Carolina
$7.78M
UBV
204
United Bank (Virginia)
Virginia
$7.77M
FGP
205
Freestone Grove Partners
California
$7.74M
EAM
206
Erste Asset Management
Austria
$7.56M
DnB Asset Management
207
DnB Asset Management
Norway
$7.56M
ASRS
208
Arizona State Retirement System
Arizona
$7.43M
QCM
209
Qsemble Capital Management
New York
$7.35M
OIMU
210
Osmosis Investment Management UK
United Kingdom
$7.31M
SOMRS
211
State of Michigan Retirement System
Michigan
$7.23M
CNB
212
Czech National Bank
Czech Republic
$7.11M
William Blair & Company
213
William Blair & Company
Illinois
$7.06M
APG Asset Management
214
APG Asset Management
Netherlands
$7.01M
MFG
215
Monte Financial Group
Connecticut
$6.99M
OIC
216
Orion Investment Company
Missouri
$6.99M
EH
217
Equitable Holdings
New York
$6.94M
Fifth Third Bancorp
218
Fifth Third Bancorp
Ohio
$6.77M
GC
219
Guggenheim Capital
Illinois
$6.74M
BFIM
220
Beese Fulmer Investment Management
Ohio
$6.73M
PCM
221
Poehling Capital Management
Wisconsin
$6.67M
BEI
222
Benjamin Edwards Inc
Missouri
$6.65M
MIM
223
MetLife Investment Management
New Jersey
$6.61M
Mariner
224
Mariner
Kansas
$6.57M
Corient Private Wealth
225
Corient Private Wealth
Florida
$6.56M