Hershey
770 hedge funds and large institutions have $12B invested in Hershey in 2017 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 246 increasing their positions, 249 reducing their positions, and 51 closing their positions.
82% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 51
33% more call options, than puts
Call options by funds: $78.3M | Put options by funds: $59M
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
4% more funds holding
Funds holding: 740 → 770 (+30)
5% more capital invested
Capital invested by funds: $11.5B → $12B (+$564M)
0.74% less ownership
Funds ownership: 73.13% → 72.39% (-0.74%)
1% less repeat investments, than reductions
Existing positions increased: 246 | Existing positions reduced: 249
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.05B |
| 2 |
Millennium Management
New York
|
+$60.2M |
| 3 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$52.9M |
| 4 |
HMP
HS Management Partners
New York
|
+$33.7M |
| 5 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
+$33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$144M |
| 2 |
First Eagle Investment Management
New York
|
-$113M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$80.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$63.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$47.8M |
HSY Hedge Fund Activity: Q1 2017 in Review
770 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q1 2017, worth a combined $12B — up 4.9% from $11.5B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new HSY positions and 51 closed out — a net gain of 42 holders — while 246 added to existing stakes and 249 trimmed.
The largest buyer was BlackRock, adding an estimated $1.05B. The largest seller was Janus Henderson Investors US, cutting an estimated $144M.
- 770 institutional investors held Hershey (HSY) as of Q1 2017, up from 740 in Q4 2016.
- Funds reported $12B of Hershey stock for Q1 2017, up 4.9% quarter-over-quarter.
- 93 funds opened new Hershey positions in Q1 2017 and 51 closed out, a net change of +42 holders.
- The largest Hershey buyer in Q1 2017 was BlackRock, an estimated $1.05B added.
- The largest Hershey seller in Q1 2017 was Janus Henderson Investors US, an estimated $144M sold.
Based on aggregated 13F filings for Q1 2017.