Hershey
631 hedge funds and large institutions have $11.3B invested in Hershey in 2014 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 186 increasing their positions, 248 reducing their positions, and 59 closing their positions.
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
4% less capital invested
Capital invested by funds: $11.8B → $11.3B (-$532M)
1.57% less ownership
Funds ownership: 75.1% → 73.53% (-1.6%)
3% less funds holding
Funds holding: 649 → 631 (-18)
21% less call options, than puts
Call options by funds: $72.5M | Put options by funds: $92.1M
22% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 59
25% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 248
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$141M |
| 2 |
JP Morgan Chase
New York
|
+$112M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$82.3M |
| 4 |
AC
Alleghany Corporation
New York
|
+$55.6M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$52.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$194M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$163M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$158M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$86.8M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$81.8M |
HSY Hedge Fund Activity: Q3 2014 in Review
631 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q3 2014, worth a combined $11.3B — down 4.5% from $11.8B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of HSY and 46 opened new positions — a net loss of 13 holders — while 248 trimmed existing stakes and 186 added.
The largest buyer was American Century Companies, adding an estimated $141M. The largest seller was AllianceBernstein, cutting an estimated $194M.
- 631 institutional investors held Hershey (HSY) as of Q3 2014, down from 649 in Q2 2014.
- Funds reported $11.3B of Hershey stock for Q3 2014, down 4.5% quarter-over-quarter.
- 46 funds opened new Hershey positions in Q3 2014 and 59 closed out, a net change of -13 holders.
- The largest Hershey buyer in Q3 2014 was American Century Companies, an estimated $141M added.
- The largest Hershey seller in Q3 2014 was AllianceBernstein, an estimated $194M sold.
Based on aggregated 13F filings for Q3 2014.