Hershey
HSY
649 hedge funds and large institutions have $11.8B invested in Hershey in 2014 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 189 increasing their positions, 268 reducing their positions, and 61 closing their positions.
2% more call options, than puts
Call options by funds: $70.9M | Put options by funds: $69.3M
0.35% more ownership
Funds ownership: 74.75% → 75.1% (+0.35%)
3% less funds holding
Funds holding: 669 → 649 (-20)
7% less capital invested
Capital invested by funds: $12.7B → $11.8B (-$850M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
26% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 61
29% less repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 268
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$237M |
| 2 |
VAM
Vontobel Asset Management
New York
|
+$152M |
| 3 |
Renaissance Technologies
New York
|
+$110M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$99.4M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$72.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$83.2M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$70.5M |
| 3 |
O
OppenheimerFunds
New York
|
-$59.5M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$49.9M |
| 5 |
TA
Teachers Advisors
New York
|
-$49.1M |
HSY Hedge Fund Activity: Q2 2014 in Review
649 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q2 2014, worth a combined $11.8B — down 6.7% from $12.7B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of HSY and 45 opened new positions — a net loss of 16 holders — while 268 trimmed existing stakes and 189 added.
The largest buyer was Norges Bank, adding an estimated $237M. The largest seller was PNC Financial Services Group, cutting an estimated $83.2M.
- 649 institutional investors held Hershey (HSY) as of Q2 2014, down from 669 in Q1 2014.
- Funds reported $11.8B of Hershey stock for Q2 2014, down 6.7% quarter-over-quarter.
- 45 funds opened new Hershey positions in Q2 2014 and 61 closed out, a net change of -16 holders.
- The largest Hershey buyer in Q2 2014 was Norges Bank, an estimated $237M added.
- The largest Hershey seller in Q2 2014 was PNC Financial Services Group, an estimated $83.2M sold.
Based on aggregated 13F filings for Q2 2014.