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772 hedge funds and large institutions have $11.3B invested in Hershey in 2018 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 226 increasing their positions, 301 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.49% more ownership

Funds ownership: 74.12%76.62% (+2.5%)

4% less funds holding

Funds holding: 805772 (-33)

10% less capital invested

Capital invested by funds: $12.6B → $11.3B (-$1.3B)

25% less repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 301

28% less first-time investments, than exits

New positions opened: 65 | Existing positions closed: 90

36% less funds holding in top 10

Funds holding in top 10: 117 (-4)

43% less call options, than puts

Call options by funds: $44.4M | Put options by funds: $77.4M

Holders
772
Holders Change
-33
Holders Change %
-4.1%
% of All Funds
17.69%
Holding in Top 10
7
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-36.36%
% of All Funds
0.16%
New
65
Increased
226
Reduced
301
Closed
90
Calls
$44.4M
Puts
$77.4M
Net Calls
-$33M
Net Calls Change
-$49M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.14B -$101M -975,306 -8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.04B +$17.9M +173,200 +2%
HTC
3
Hershey Trust Company
Pennsylvania
$817M
State Street
4
State Street
Massachusetts
$592M -$23.5M -227,311 -4%
Capital World Investors
5
Capital World Investors
California
$459M -$22.7M -220,000 -5%
Janus Henderson Group
6
Janus Henderson Group
United Kingdom
$374M -$8.98M -86,919 -2%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$353M +$260M +2,520,743 +240%
AllianceBernstein
8
AllianceBernstein
Tennessee
$238M +$26.2M +253,781 +12%
Renaissance Technologies
9
Renaissance Technologies
New York
$212M +$43.5M +421,100 +25%
Schroder Investment Management Group
10
Schroder Investment Management Group
United Kingdom
$211M +$171M +1,659,697 +350%
Northern Trust
11
Northern Trust
Illinois
$196M -$156K -1,507 -0.1%
MAMU
12
Marathon Asset Management (UK)
United Kingdom
$174M +$7.06M +68,293 +4%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$170M +$18.5M +178,780 +12%
APG Asset Management
14
APG Asset Management
Netherlands
$148M -$4.15M -40,200 -2%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$134M -$5.3M -51,332 -4%
Wells Fargo
16
Wells Fargo
California
$127M -$6.3M -60,945 -5%
HMP
17
HS Management Partners
New York
$126M +$30.9M +299,285 +31%
SI
18
Scharf Investments
California
$123M -$4.71M -45,548 -4%
Goldman Sachs
19
Goldman Sachs
New York
$121M -$39.9M -386,168 -24%
PAM
20
Panagora Asset Management
Massachusetts
$120M +$25M +241,644 +25%
Norges Bank
21
Norges Bank
Norway
$119M +$4.38M +42,400 +4%
AL
22
AJO LP
Pennsylvania
$115M -$32.7M -316,873 -21%
Bank of America
23
Bank of America
North Carolina
$114M -$11M -106,229 -8%
EVM
24
Eaton Vance Management
Massachusetts
$113M +$59.2M +573,165 +100%
WRF
25
Waddell & Reed Financial
Kansas
$104M +$30.1M +291,749 +38%

HSY Hedge Fund Activity: Q1 2018 in Review

772 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q1 2018, worth a combined $11.3B — down 10% from $12.6B a quarter earlier.

Sellers outnumbered buyers: 90 funds closed out of HSY and 65 opened new positions — a net loss of 25 holders — while 301 trimmed existing stakes and 226 added.

The largest buyer was Fidelity Investments, adding an estimated $260M. The largest seller was Amundi Asset Management US, cutting an estimated $171M.

  • 772 institutional investors held Hershey (HSY) as of Q1 2018, down from 805 in Q4 2017.
  • Funds reported $11.3B of Hershey stock for Q1 2018, down 10% quarter-over-quarter.
  • 65 funds opened new Hershey positions in Q1 2018 and 90 closed out, a net change of -25 holders.
  • The largest Hershey buyer in Q1 2018 was Fidelity Investments, an estimated $260M added.
  • The largest Hershey seller in Q1 2018 was Amundi Asset Management US, an estimated $171M sold.

Based on aggregated 13F filings for Q1 2018.