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699 hedge funds and large institutions have $10.7B invested in Hershey in 2016 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 242 increasing their positions, 233 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more call options, than puts

Call options by funds: $168M | Put options by funds: $88.8M

38% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 48

13% more funds holding in top 10

Funds holding in top 10: 89 (+1)

3.2% more ownership

Funds ownership: 75.21%78.41% (+3.2%)

2% more funds holding

Funds holding: 686699 (+13)

4% more repeat investments, than reductions

Existing positions increased: 242 | Existing positions reduced: 233

12% less capital invested

Capital invested by funds: $12.1B → $10.7B (-$1.44B)

Holders
699
Holders Change
+13
Holders Change %
+1.9%
% of All Funds
18.63%
Holding in Top 10
9
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+12.5%
% of All Funds
0.24%
New
66
Increased
242
Reduced
233
Closed
48
Calls
$168M
Puts
$88.8M
Net Calls
+$78.9M
Net Calls Change
-$145M
Name Holding Trade Value Shares
Change
Change in
Stake
HTC
1
Hershey Trust Company
Pennsylvania
$1.17B
Vanguard Group
2
Vanguard Group
Pennsylvania
$815M +$39.8M +446,433 +5%
JHIU
3
Janus Henderson Investors US
Colorado
$710M +$21.1M +237,013 +3%
State Street
4
State Street
Massachusetts
$583M +$6.78M +75,976 +1%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$477M -$76.8M -861,013 -14%
Capital World Investors
6
Capital World Investors
California
$396M +$161M +1,800,000 +72%
BIT
7
BlackRock Institutional Trust
California
$386M +$6.87M +76,996 +2%
AAMU
8
Amundi Asset Management US
Massachusetts
$344M +$35.1M +393,265 +12%
BFA
9
BlackRock Fund Advisors
California
$294M +$20.7M +231,618 +8%
Renaissance Technologies
10
Renaissance Technologies
New York
$230M +$24.8M +277,637 +13%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$228M -$90.8M -1,017,515 -29%
Bank of America
12
Bank of America
North Carolina
$186M -$21.8M -244,833 -11%
JP Morgan Chase
13
JP Morgan Chase
New York
$185M -$277M -3,108,157 -61%
Northern Trust
14
Northern Trust
Illinois
$179M +$463K +5,195 +0.3%
BG
15
BlackRock Group
United Kingdom
$152M +$18.8M +210,412 +15%
Aristotle Capital Management
16
Aristotle Capital Management
California
$136M +$2.29M +25,661 +2%
Morgan Stanley
17
Morgan Stanley
New York
$122M -$7.5M -84,051 -6%
MAMU
18
Marathon Asset Management (UK)
United Kingdom
$105M -$5.14M -57,663 -5%
AI
19
Analytic Investors
California
$104M -$16.7M -186,831 -14%
Invesco
20
Invesco
Georgia
$100M +$8.23M +92,219 +9%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$97.7M +$80.5M +902,454 +570%
Norges Bank
22
Norges Bank
Norway
$91.9M +$5.33M +59,719 +6%
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$73.7M +$9.82M +110,015 +16%
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$70.7M +$29M +324,561 +73%
Legal & General Group
25
Legal & General Group
United Kingdom
$68.5M -$570K -6,394 -0.9%

HSY Hedge Fund Activity: Q1 2016 in Review

699 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q1 2016, worth a combined $10.7B — down 12% from $12.1B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new HSY positions and 48 closed out — a net gain of 18 holders — while 242 added to existing stakes and 233 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $311M. The largest seller was JP Morgan Chase, cutting an estimated $277M.

  • 699 institutional investors held Hershey (HSY) as of Q1 2016, up from 686 in Q4 2015.
  • Funds reported $10.7B of Hershey stock for Q1 2016, down 12% quarter-over-quarter.
  • 66 funds opened new Hershey positions in Q1 2016 and 48 closed out, a net change of +18 holders.
  • The largest Hershey buyer in Q1 2016 was Royal London Asset Management, an estimated $311M added.
  • The largest Hershey seller in Q1 2016 was JP Morgan Chase, an estimated $277M sold.

Based on aggregated 13F filings for Q1 2016.