Hershey
HSY
740 hedge funds and large institutions have $11.5B invested in Hershey in 2016 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 219 increasing their positions, 241 reducing their positions, and 62 closing their positions.
84% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 62
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
9% more capital invested
Capital invested by funds: $10.5B → $11.5B (+$932M)
6% more funds holding
Funds holding: 698 → 740 (+42)
3% more call options, than puts
Call options by funds: $199M | Put options by funds: $193M
0.87% more ownership
Funds ownership: 72.26% → 73.13% (+0.87%)
9% less repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 241
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$180M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$88.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$87.3M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$83.2M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$62.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$95.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$77.1M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$75M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$69.3M |
| 5 |
JP Morgan Chase
New York
|
-$60.8M |
HSY Hedge Fund Activity: Q4 2016 in Review
740 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q4 2016, worth a combined $11.5B — up 8.9% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new HSY positions and 62 closed out — a net gain of 52 holders — while 219 added to existing stakes and 241 trimmed.
The largest buyer was First Eagle Investment Management, opening a new position worth an estimated $180M. The largest seller was Highfields Capital Management, exiting entirely with an estimated $95.6M sold.
- 740 institutional investors held Hershey (HSY) as of Q4 2016, up from 698 in Q3 2016.
- Funds reported $11.5B of Hershey stock for Q4 2016, up 8.9% quarter-over-quarter.
- 114 funds opened new Hershey positions in Q4 2016 and 62 closed out, a net change of +52 holders.
- The largest Hershey buyer in Q4 2016 was First Eagle Investment Management, an estimated $180M added.
- The largest Hershey seller in Q4 2016 was Highfields Capital Management, an estimated $95.6M sold.
Based on aggregated 13F filings for Q4 2016.