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1,412 hedge funds and large institutions have $23.2B invested in Hershey in 2025 Q4 according to their latest regulatory filings, with 175 funds opening new positions, 445 increasing their positions, 527 reducing their positions, and 93 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 175 | Existing positions closed: 93

17% more call options, than puts

Call options by funds: $322M | Put options by funds: $276M

10% more funds holding in top 10

Funds holding in top 10: 1011 (+1)

4% more funds holding

Funds holding: 1,3571,412 (+55)

0.69% more ownership

Funds ownership: 85.42%86.12% (+0.69%)

2% less capital invested

Capital invested by funds: $23.7B → $23.2B (-$465M)

16% less repeat investments, than reductions

Existing positions increased: 445 | Existing positions reduced: 527

Holders
1,412
Holders Change
+55
Holders Change %
+4.05%
% of All Funds
17.18%
Holding in Top 10
11
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+10%
% of All Funds
0.13%
New
175
Increased
445
Reduced
527
Closed
93
Calls
$322M
Puts
$276M
Net Calls
+$46.1M
Net Calls Change
+$18M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.47B +$35M +191,671 +1%
BlackRock
2
BlackRock
New York
$2.17B -$31.7M -173,181 -1%
Capital International Investors
3
Capital International Investors
California
$1.66B +$31M +169,660 +2%
State Street
4
State Street
Massachusetts
$1.31B -$10M -54,757 -0.8%
Charles Schwab
5
Charles Schwab
California
$967M +$22.8M +124,464 +2%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$876M +$19M +104,024 +2%
Morgan Stanley
7
Morgan Stanley
New York
$602M -$63.2M -345,931 -9%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$561M +$11.8M +64,533 +2%
HTC
9
Hershey Trust Company
Pennsylvania
$376M -$15.7K -86 -0%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$311M +$102M +555,238 +48%
Capital Research Global Investors
11
Capital Research Global Investors
California
$292M -$6.58K -36 -0%
Northern Trust
12
Northern Trust
Illinois
$291M -$3.27M -17,864 -1%
Norges Bank
13
Norges Bank
Norway
$273M +$274M +1,497,448 New
JP Morgan Chase
14
JP Morgan Chase
New York
$248M -$87.5M -478,760 -26%
UBS Group
15
UBS Group
Switzerland
$243M -$88.5M -483,824 -27%
Invesco
16
Invesco
Georgia
$242M +$13.8M +75,258 +6%
UBS AM
17
UBS AM
Illinois
$242M +$71.3M +390,058 +41%
Balyasny Asset Management
18
Balyasny Asset Management
Illinois
$233M +$140M +767,478 +150%
Bank of America
19
Bank of America
North Carolina
$231M -$37.5M -204,896 -14%
Stifel Financial
20
Stifel Financial
Missouri
$223M +$601K +3,286 +0.3%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$217M +$8.94M +48,904 +4%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$207M +$35.7M +195,500 +21%
Marshall Wace
23
Marshall Wace
United Kingdom
$192M +$163M +893,940 +547%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$188M -$13.4M -73,292 -7%
Citadel Advisors
25
Citadel Advisors
Florida
$187M -$270M -1,478,904 -59%