Hershey
848 hedge funds and large institutions have $11.7B invested in Hershey in 2018 Q4 according to their latest regulatory filings, with 128 funds opening new positions, 275 increasing their positions, 249 reducing their positions, and 77 closing their positions.
66% more first-time investments, than exits
New positions opened: 128 | Existing positions closed: 77
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
10% more repeat investments, than reductions
Existing positions increased: 275 | Existing positions reduced: 249
5% more funds holding
Funds holding: 806 → 848 (+42)
4% more capital invested
Capital invested by funds: $11.3B → $11.7B (+$456M)
0.98% less ownership
Funds ownership: 74.52% → 73.53% (-0.98%)
22% less call options, than puts
Call options by funds: $79.8M | Put options by funds: $103M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$248M |
| 2 |
BlackRock
New York
|
+$114M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$104M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$62.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$58.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HTC
Hershey Trust Company
Hershey,
Pennsylvania
|
-$473M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$473M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$92.6M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$86.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$54.2M |
HSY Hedge Fund Activity: Q4 2018 in Review
848 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Hershey (HSY) for Q4 2018, worth a combined $11.7B — up 4% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 128 funds opened new HSY positions and 77 closed out — a net gain of 51 holders — while 275 added to existing stakes and 249 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $248M. The largest seller was Hershey Trust Company, cutting an estimated $473M.
- 848 institutional investors held Hershey (HSY) as of Q4 2018, up from 806 in Q3 2018.
- Funds reported $11.7B of Hershey stock for Q4 2018, up 4% quarter-over-quarter.
- 128 funds opened new Hershey positions in Q4 2018 and 77 closed out, a net change of +51 holders.
- The largest Hershey buyer in Q4 2018 was VOYA Investment Management, an estimated $248M added.
- The largest Hershey seller in Q4 2018 was Hershey Trust Company, an estimated $473M sold.
Based on aggregated 13F filings for Q4 2018.