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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 30 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
Stansberry Asset Management, LLC29,593$5.54M0.58%+1,436+5.1%Added
Wilkins Investment Counsel Inc29,630$5.54M0.78%−608−2.0%Reduced
Portland Global Advisors LLC29,903$5.59M0.62%+325+1.1%Added
Skandinaviska Enskilda Banken AB (publ)30,027$5.62M0.02%−3,304−9.9%Reduced
Benedict Financial Advisors Inc30,117$5.63M1.22%+432+1.5%Added
IFM Investors Pty Ltd30,131$5.67M0.05%+172+0.6%Added
USS Investment Management Ltd30,405$5.69M0.03%00.0%Unchanged
Kestra Advisory Services, LLC30,878$5.78M0.03%+10,565+52.0%Added
Fruth Investment Management31,214$5.84M1.58%−527−1.7%Reduced
Forsta Ap-Fonden31,300$5.85M0.03%+1,600+5.4%Added
Retirement Systems of Alabama31,594$5.91M0.02%−162−0.5%Reduced
Lipe & Dalton31,693$5.93M2.94%−296−0.9%Reduced
Cresset Asset Management, LLC32,456$6.07M0.03%+994+3.2%Added
Merit Financial Group, LLC32,626$6.10M0.06%+830+2.6%Added
Pathstone Holdings, LLC32,722$6.12M0.02%+3,040+10.2%Added
W.G. Shaheen & Associates DBA Whitney & Co32,867$6.15M0.56%−1,057−3.1%Reduced
Voya Investment Management LLC33,029$6.18M0.01%−14,773−30.9%Reduced
Dean Investment Associates, LLC33,196$6.21M0.87%−646−1.9%Reduced
HGK Asset Management Inc33,422$6.25M1.01%+3,169+10.5%Added
Advisors Asset Management, Inc.33,486$6.26M0.11%+186+0.6%Added
Ilmarinen Mutual Pension Insurance Co33,500$6.27M0.05%+33,500New
Aptus Capital Advisors, LLC34,226$6.40M0.06%−2,741−7.4%Reduced
Glenmede Investment Management, LP34,241$6.40M0.03%+7,888+29.9%Added
M&T Bank Corp34,795$6.51M0.02%−613−1.7%Reduced
Susquehanna International Group, LLP34,972$6.54M0.01%−92,308−72.5%Reduced
Alley Investment Management Company, LLC35,508$6.64M0.77%+35,508New
Park Avenue Securities LLC35,519$6.64M0.05%+28,449+402.4%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys35,567$6.65M0.03%−728−2.0%Reduced
Swiss Life Asset Management Ltd35,617$6.66M0.03%+689+2.0%Added
CI Private Wealth, LLC35,637$6.67M0.01%−418−1.2%Reduced
Teacher Retirement System of Texas36,162$6.76M0.03%+13,695+61.0%Added
State of Tennessee, Treasury Department36,416$6.81M0.02%−18,196−33.3%Reduced
Poehling Capital Management, LLC36,689$6.86M1.44%−153−0.4%Reduced
Erste Asset Management GmbH38,100$7.01M0.07%+306+0.8%Added
MetLife Investment Management37,539$7.02M0.03%−930−2.4%Reduced
Czech National Bank37,618$7.04M0.05%+1,444+4.0%Added
Liberty One Investment Management, LLC38,076$7.12M0.40%+9,309+32.4%Added
Orion Investment Co38,356$7.17M2.29%+716+1.9%Added
Intech Investment Management LLC38,400$7.18M0.06%−818−2.1%Reduced
Blair William & Co38,527$7.21M0.02%+2,242+6.2%Added
Cyndeo Wealth Partners, LLC38,683$7.24M0.40%+75+0.2%Added
ING Groep NV39,036$7.30M0.04%+39,036New
Beese Fulmer Investment Management, Inc.39,052$7.30M0.50%−537−1.4%Reduced
Ashton Thomas Private Wealth, LLC39,200$7.33M0.19%+24,509+166.8%Added
Equitable Holdings, Inc.39,444$7.38M0.05%−105−0.3%Reduced
Tobam40,449$7.57M2.74%−2,863−6.6%Reduced
Fifth Third Bancorp40,548$7.58M0.02%−4,675−10.3%Reduced
Nisa Investment Advisors, LLC40,746$7.62M0.03%−1,685−4.0%Reduced
Benjamin Edwards Inc40,789$7.63M0.09%+10,206+33.4%Added
Monte Financial Group, LLC41,543$7.77M2.86%+178+0.4%Added
State of Michigan Retirement System41,734$7.81M0.04%−200−0.5%Reduced
Independent Advisor Alliance42,538$7.96M0.21%+2,573+6.4%Added
Old National Bancorp42,812$8.01M0.14%+17,439+68.7%Added
Korea Investment CORP43,482$8.13M0.02%+9,235+27.0%Added
DnB Asset Management AS43,710$8.18M0.03%+1,151+2.7%Added
Qsemble Capital Management, LP44,024$8.23M0.81%+44,024New
Arizona State Retirement System44,131$8.25M0.04%+888+2.1%Added
Rodgers Brothers Inc.44,415$8.31M1.02%−2,046−4.4%Reduced
Kennon-Green & Company, LLC44,534$8.33M6.47%+145+0.3%Added
Rakuten Investment Management, Inc.19,955$8.40M0.03%+19,955New
DekaBank Deutsche Girozentrale45,821$8.41M0.01%00.0%Unchanged
Empowered Funds, LLC45,031$8.42M0.09%−10,681−19.2%Reduced
Soltis Investment Advisors LLC45,204$8.46M0.58%+1,934+4.5%Added
Baird Financial Group, Inc.45,457$8.50M0.01%+2,080+4.8%Added
GW Henssler & Associates Ltd47,330$8.85M0.44%+1,785+3.9%Added
CIBC Asset Management Inc47,540$8.89M0.03%−10,306−17.8%Reduced
Aquatic Capital Management LLC49,553$9.27M0.17%+24,070+94.5%Added
Albar Capital Partners LLP49,764$9.31M2.12%+49,764New
Natixis Advisors, L.P.49,931$9.34M0.01%+1,301+2.7%Added
Verition Fund Management LLC50,334$9.41M0.05%+22,160+78.7%Added
Nomura Asset Management Co Ltd51,246$9.59M0.03%+884+1.8%Added
State of New Jersey Common Pension Fund D51,359$9.61M0.04%+1,374+2.7%Added
Lansforsakringar Fondforvaltning AB (publ)51,396$9.61M0.05%+4,465+9.5%Added
Cerity Partners LLC51,590$9.65M0.02%+1,374+2.7%Added
United Bank51,683$9.67M1.15%−4,757−8.4%Reduced
Logan Capital Management Inc52,300$9.78M0.41%00.0%Unchanged
Umb Bank N A52,674$9.85M0.14%+430+0.8%Added
Markel Group Inc.SuperinvestorMarkel Group54,500$10.2M0.08%00.0%Unchanged
CIBC Bancorp USA Inc.54,716$10.2M0.06%+54,716New
Lawson Kroeker Investment Management Inc55,189$10.3M1.89%−211−0.4%Reduced
Palisade Asset Management, LLC55,309$10.3M0.96%+21,210+62.2%Added
Allianz SE55,741$10.4M0.22%00.0%Unchanged
JLB & Associates Inc55,748$10.4M1.37%−5,143−8.4%Reduced
Man Group plc55,833$10.4M0.02%+16,616+42.4%Added
Comerica Bank55,836$10.4M0.04%−1,457−2.5%Reduced
Mn Services Vermogensbeheer B.V.55,969$10.5M0.07%+1,000+1.8%Added
Toronto Dominion Bank56,267$10.5M0.02%−5,541−9.0%Reduced
BI Asset Management Fondsmaeglerselskab A/S56,722$10.6M0.10%+1,425+2.6%Added
Grimes & Company, Inc.56,746$10.6M0.26%−3,057−5.1%Reduced
Wealthfront Advisers LLC57,071$10.7M0.03%+7,264+14.6%Added
Bank Julius Baer & Co. Ltd, Zurich57,136$10.7M0.03%−7,386−11.4%Reduced
DRH Investments, Inc.58,004$10.8M9.84%−870−1.5%Reduced
Resona Asset Management Co.,Ltd.58,315$10.9M0.05%−2,859−4.7%Reduced
Stephens Inc57,745$10.9M0.14%+543+0.9%Added
Kovitz Investment Group Partners, LLC58,597$11.0M0.04%+7,931+15.7%Added
Jane Street Group, LLC58,608$11.0M0.01%+38,341+189.2%Added
CapWealth Advisors, LLC60,122$11.2M0.77%−6,867−10.3%Reduced
Oppenheimer & Co Inc60,978$11.4M0.14%+5,239+9.4%Added
Handelsbanken Fonder AB61,213$11.4M0.04%+2,987+5.1%Added
Guggenheim Capital LLC61,971$11.6M0.09%−29,193−32.0%Reduced