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Hershey Co

HSY
Exchange
NYSE
Industry
Sugar & Confectionery Products
SEC CIK
0000047111

In the last 90 days, Hershey Co insiders filed 0 open-market purchases and 29 sales; 1,417 institutions reported holding it in 13F filings for Q2 2026, worth $22.8B in total; superinvestors Markel Group and Maverick Capital hold it.

13F holders, Q3 2025

Institutional positions in Hershey Co as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,360
+64 vs. Q2 2025
Shares held
126.5M
−349.3K (−0.3%) vs. Q2 2025
Total value
$23.7B
+$2.61B (+12.4%) vs. Q2 2025
New holders
158
484 more added
Sold out
94
455 more reduced

18 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting HSY on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 1,360 institutions
Q1 2021: 1,007 institutionsQ2 2021: 1,040 institutionsQ3 2021: 1,040 institutionsQ4 2021: 1,138 institutionsQ1 2022: 1,191 institutionsQ2 2022: 1,212 institutionsQ3 2022: 1,228 institutionsQ4 2022: 1,294 institutionsQ1 2023: 1,337 institutionsQ2 2023: 1,357 institutionsQ3 2023: 1,301 institutionsQ4 2023: 1,352 institutionsQ1 2024: 1,362 institutionsQ2 2024: 1,384 institutionsQ3 2024: 1,400 institutionsQ4 2024: 1,349 institutionsQ1 2025: 1,348 institutionsQ2 2025: 1,314 institutionsQ3 2025: 1,360 institutionsQ4 2025: 1,415 institutionsQ1 2026: 1,480 institutionsQ2 2026: 1,417 institutions
Value heldQ3 2025: $23.7B
Q1 2021: $17.3BQ2 2021: $19.0BQ3 2021: $18.6BQ4 2021: $21.0BQ1 2022: $23.8BQ2 2022: $24.1BQ3 2022: $24.9BQ4 2022: $26.2BQ1 2023: $29.4BQ2 2023: $29.4BQ3 2023: $23.5BQ4 2023: $21.8BQ1 2024: $22.8BQ2 2024: $21.6BQ3 2024: $23.6BQ4 2024: $20.6BQ1 2025: $21.0BQ2 2025: $21.3BQ3 2025: $23.7BQ4 2025: $23.2BQ1 2026: $25.9BQ2 2026: $22.8B
Institutions holding HSY and their total value by quarter
QuarterHoldersValue
Q2 20261,417$22.8B
Q1 20261,480$25.9B
Q4 20251,415$23.2B
Q3 20251,360$23.7B
Q2 20251,314$21.3B
Q1 20251,348$21.0B
Q4 20241,349$20.6B
Q3 20241,400$23.6B
Q2 20241,384$21.6B
Q1 20241,362$22.8B
Q4 20231,352$21.8B
Q3 20231,301$23.5B
Q2 20231,357$29.4B
Q1 20231,337$29.4B
Q4 20221,294$26.2B
Q3 20221,228$24.9B
Q2 20221,212$24.1B
Q1 20221,191$23.8B
Q4 20211,138$21.0B
Q3 20211,040$18.6B
Q2 20211,040$19.0B
Q1 20211,007$17.3B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Hershey Co; share changes are against Q2 2025.

Institutions holding HSY in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc18,875,564$3.53B0.05%+34,987+0.2%Added
BlackRock, Inc.12,088,425$2.26B0.04%−166,537−1.4%Reduced
Capital International Investors8,936,771$1.67B0.27%−1,725,251−16.2%Reduced
State Street Corp7,253,041$1.36B0.05%+128,982+1.8%Added
Charles Schwab Investment Management Inc5,191,189$971.0M0.16%+74,450+1.5%Added
Geode Capital Management, LLC4,727,077$881.3M0.06%+159,704+3.5%Added
Morgan Stanley3,654,339$683.5M0.04%+157,296+4.5%Added
Royal Bank of Canada3,015,733$564.1M0.10%−68,183−2.2%Reduced
Citadel Advisors LLC2,508,635$469.2M0.38%+1,380,363+122.3%Added
Hershey Trust Co2,066,219$386.5M3.64%−1780.0%Reduced
JPMorgan Chase & Co1,843,852$344.9M0.02%−1,432,474−43.7%Reduced
UBS Group AG1,820,102$340.5M0.07%+246,289+15.6%Added
Northern Trust Corp1,614,258$301.9M0.04%+29,731+1.9%Added
Capital Research Global Investors1,605,628$300.3M0.06%+101,305+6.7%Added
Bank of America Corp1,473,427$275.6M0.02%+52,936+3.7%Added
First Trust Advisors LP1,262,671$236.2M0.18%+891,287+240.0%Added
Invesco Ltd.1,256,762$235.1M0.04%−23,592−1.8%Reduced
Stifel Financial Corp1,223,944$228.9M0.21%−35,334−2.8%Reduced
Holocene Advisors, LP1,220,992$228.4M0.52%−11,603−0.9%Reduced
FMR LLC1,151,877$215.5M0.01%+773,427+204.4%Added
Dimensional Fund Advisors LP1,141,790$213.5M0.05%+56,675+5.2%Added
Envestnet Asset Management Inc1,104,299$206.6M0.06%+605,048+121.2%Added
Van Eck Associates Corp1,031,039$192.9M0.18%−32,042−3.0%Reduced
Legal & General Group Plc1,024,635$191.7M0.04%+24,589+2.5%Added
UBS Asset Management Americas Inc941,672$176.1M0.04%−441,725−31.9%Reduced
Bank of New York Mellon Corp941,582$176.1M0.03%−17,090−1.8%Reduced
Confluence Investment Management LLC755,135$141.2M2.02%−9,257−1.2%Reduced
Massachusetts Financial Services Co736,535$137.8M0.04%−9,313−1.2%Reduced
Principal Financial Group Inc679,548$127.1M0.06%−26,296−3.7%Reduced
Amundi593,728$115.9M0.04%−478,166−44.6%Reduced
Macquarie Group Ltd597,130$111.7M0.13%−411,642−40.8%Reduced
Goldman Sachs Group Inc577,544$108.0M0.02%−26,750−4.4%Reduced
Equity Investment Corp559,625$104.7M2.19%+115,479+26.0%Added
Millennium Management LLC552,171$103.3M0.08%+352,051+175.9%Added
Wells Fargo & Company541,866$101.4M0.02%−30,814−5.4%Reduced
American Century Companies Inc537,676$100.6M0.05%−268,399−33.3%Reduced
Scharf Investments, LLC534,020$99.9M2.51%−11,838−2.2%Reduced
Balyasny Asset Management LLC511,403$95.7M0.19%−247,068−32.6%Reduced
Raymond James Financial Inc507,649$95.0M0.03%+23,921+4.9%Added
LPL Financial LLC495,609$92.7M0.03%+56,931+13.0%Added
California Public Employees Retirement System454,877$85.1M0.05%−82,097−15.3%Reduced
Deutsche Bank AG437,163$81.8M0.03%−64,148−12.8%Reduced
Swiss National Bank426,600$79.8M0.05%−21,300−4.8%Reduced
US Bancorp408,295$76.4M0.09%+6,029+1.5%Added
Point72 Asset Management, L.P.405,456$75.8M0.16%+405,456New
Barclays PLC398,015$74.4M0.03%−305,120−43.4%Reduced
Sumitomo Mitsui Trust Holdings, Inc.366,163$68.5M0.04%+420.0%Added
Westwood Holdings Group Inc.355,266$66.5M0.47%−53,841−13.2%Reduced
Douglas Lane & Associates, LLC348,165$65.1M0.91%+17,184+5.2%Added
Candlestick Capital Management LP344,660$64.5M2.50%+344,660New
Victory Capital Management Inc344,565$64.5M0.04%+68,564+24.8%Added
Rhumbline Advisers330,884$61.9M0.05%−3,048−0.9%Reduced
Nuveen, LLC310,138$58.0M0.02%−18,641−5.7%Reduced
HSBC Holdings PLC305,765$57.1M0.03%+5,133+1.7%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.300,095$56.1M0.04%+13,874+4.8%Added
Franklin Resources Inc286,934$53.7M0.01%+1,388+0.5%Added
Citigroup Inc280,306$52.4M0.04%−254,261−47.6%Reduced
The PNC Financial Services Group, Inc.277,703$51.9M0.03%−6,552−2.3%Reduced
TD Asset Management Inc261,898$49.0M0.04%−22,183−7.8%Reduced
California State Teachers Retirement System253,648$47.4M0.05%−6,683−2.6%Reduced
Anchor Capital Advisors LLC253,231$47.4M1.37%−5,658−2.2%Reduced
Mawer Investment Management Ltd.244,995$45.8M0.24%−10,646−4.2%Reduced
BNP Paribas Arbitrage, SA243,639$45.6M0.04%−22,333−8.4%Reduced
Clark Capital Management Group, Inc.237,712$44.5M0.28%+237,712New
National Pension Service233,578$43.7M0.03%+1,849+0.8%Added
ExodusPoint Capital Management, LP229,761$43.0M0.60%+229,761New
Rheos Capital Works Inc.224,000$41.9M2.34%+70,000+45.5%Added
Bank of Montreal223,704$41.8M0.02%+34,556+18.3%Added
Silvercrest Asset Management Group LLC221,828$41.5M0.27%+29,598+15.4%Added
Price T Rowe Associates Inc216,051$40.4M0.00%+1,691+0.8%Added
Neuberger Berman Group LLC212,201$39.7M0.03%+2,796+1.3%Added
Colony Group, LLC209,906$39.3M0.06%−10,519−4.8%Reduced
Alliancebernstein L.P.199,904$37.4M0.01%+30,106+17.7%Added
Bessemer Group Inc196,416$36.7M0.06%−356−0.2%Reduced
Squarepoint Ops LLC194,622$36.4M0.08%+190,342+4,447.2%Added
AQR Capital Management LLC196,700$36.2M0.02%−22,459−10.2%Reduced
Great West Life Assurance Co194,874$35.9M0.05%+27,977+16.8%Added
Check Capital Management Inc189,169$35.4M2.24%+2,615+1.4%Added
Willis Investment Counsel177,778$33.3M1.82%−667−0.4%Reduced
Freestone Grove Partners LP172,155$32.2M0.24%−152,753−47.0%Reduced
Marshall Wace, LLP163,536$30.6M0.03%−111,246−40.5%Reduced
Mirae Asset Global Investments Co., Ltd.158,288$29.6M0.09%+5,085+3.3%Added
Zacks Investment Management155,155$29.0M0.23%+4,865+3.2%Added
Storebrand Asset Management AS154,713$28.9M0.08%+23,618+18.0%Added
Ensign Peak Advisors, Inc150,822$28.2M0.05%−36,175−19.3%Reduced
Ameriprise Financial Inc148,571$27.8M0.01%−35,041−19.1%Reduced
Russell Investments Group, Ltd.148,389$27.7M0.03%+12,241+9.0%Added
Susquehanna Fundamental Investments, LLC148,156$27.7M1.08%−5,866−3.8%Reduced
Berkshire Asset Management LLC147,917$27.7M1.18%+2,897+2.0%Added
Swedbank AB145,529$27.2M0.03%+3,660+2.6%Added
MML Investors Services, LLC140,942$26.4M0.07%+122,353+658.2%Added
Toroso Investments, LLC140,897$26.4M0.11%+125,434+811.2%Added
Mitsubishi UFJ Trust & Banking Corp134,308$25.1M0.06%−104,112−43.7%Reduced
KLP Kapitalforvaltning AS131,595$24.6M0.10%+300+0.2%Added
Schroder Investment Management Group128,774$24.1M0.02%+6,266+5.1%Added
State Board of Administration of Florida Retirement System127,670$23.9M0.04%−4,982−3.8%Reduced
Engineers Gate Manager LP126,626$23.7M0.27%+126,626New
iA Global Asset Management Inc.125,525$23.5M0.32%+7,132+6.0%Added
Amussen Hunsaker Associates LLC121,799$22.8M2.37%−2,172−1.8%Reduced
Ceredex Value Advisors LLC121,250$22.7M0.53%+121,250New