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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, Q4 2025

Institutional positions in Hershey Co as of Dec 31, 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
1,415
+82 vs. Q3 2025
Shares held
127.5M
+1.23M (+1.0%) vs. Q3 2025
Total value
$23.2B
−$428.3M (−1.8%) vs. Q3 2025
New holders
175
445 more added
Sold out
93
529 more reduced

27 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 1,415 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 heldQ4 2025: $23.2B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Hershey Co; share changes are against Q3 2025.

Institutions holding HSY in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
ZRC Wealth Management, LLC0$90.00%−4−100.0%Reduced
Retirement Wealth Solutions LLC1$1820.00%−3−75.0%Reduced
Carolina Wealth Advisors, LLC1$1820.00%00.0%Unchanged
Davis Capital Management1$1820.00%00.0%Unchanged
Fairscale Capital, LLC1$1820.00%00.0%Unchanged
Arcadia Investment Management Corp1$1820.00%+1New
Redwood Park Advisors LLC1$1820.00%+1New
NVWM, LLC2$3640.00%−2−50.0%Reduced
DecisionPoint Financial, LLC3$5460.00%00.0%Unchanged
Seneschal Advisors, LLC3$5460.00%+1+50.0%Added
Networth Advisors, LLC3$5460.00%+3New
NorthAvenue LLC3$5460.00%+3New
Investors Portfolio Services LLC3$6110.00%+3New
Crews Bank & Trust4$7280.00%00.0%Unchanged
Acumen Wealth Advisors, LLC4$7280.00%+4New
Valued Wealth Advisors LLC4$7280.00%+4New
Robbins Farley LLC5$9100.00%00.0%Unchanged
Stephens Consulting, LLC5$9100.00%+5New
WestEnd Advisors, LLC6$1.09K0.00%00.0%Unchanged
Triumph Capital Management6$1.09K0.00%+6New
Optima Capital LLC6$1.09K0.00%+6New
1015 Capital Partners, LLC6$1.09K0.00%+6New
Dunhill Financial, LLC6$1.09K0.00%+2+50.0%Added
SOA Wealth Advisors, LLC.7$1.21K0.00%00.0%Unchanged
ROSS\JOHNSON & Associates LLC7$1.27K0.02%−1−12.5%Reduced
TFC Financial Management7$1.27K0.00%00.0%Unchanged
Clark Wealth Partners7$1.27K0.00%00.0%Unchanged
Principia Wealth Advisory, LLC7$1.27K0.00%+1+16.7%Added
HFM Investment Advisors, LLC7$1.27K0.00%+1+16.7%Added
Legacy Bridge, LLC7$1.27K0.00%+7New
Mowery & Schoenfeld Wealth Management, LLC7$1.27K0.00%+7New
Financial Management Professionals, Inc.7$1.32K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC8$1.46K0.00%00.0%Unchanged
Sunrise Financial Services, LLC8$1.46K0.00%+8New
Turning Point Benefit Group, Inc.9$1.64K0.00%+8+800.0%Added
Hoey Investments, Inc10$1.82K0.00%00.0%Unchanged
Archer Investment Corp10$1.82K0.00%00.0%Unchanged
China Universal Asset Management Co., Ltd.10$1.82K0.00%00.0%Unchanged
C M Bidwell & Associates Ltd10$1.82K0.00%00.0%Unchanged
Clayton Financial Group LLC10$1.82K0.00%+10New
Penserra Capital Management LLC15$2.00K0.00%+3+25.0%Added
Wealth Watch Advisors, INC11$2.00K0.00%−4−26.7%Reduced
CBIZ Investment Advisory Services, LLC11$2.00K0.00%−3−21.4%Reduced
Financial Network Wealth Advisors LLC11$2.00K0.00%00.0%Unchanged
Pacifica Partners Inc.12$2.19K0.00%00.0%Unchanged
Rakuten Securities, Inc.15$2.73K0.00%−85−85.0%Reduced
Kilter Group LLC15$2.73K0.00%00.0%Unchanged
Osbon Capital Management LLC15$2.73K0.00%+15New
Bay Harbor Wealth Management, LLC16$2.91K0.00%+5+45.5%Added
IMG Wealth Management, Inc.16$2.91K0.00%00.0%Unchanged
Boreal Capital Management LLC16$2.91K0.00%00.0%Unchanged
DiNuzzo Private Wealth, Inc.17$3.09K0.00%+5+41.7%Added
Tucker Asset Management LLC17$3.09K0.00%+17New
Fairman Group, LLC17$3.09K0.00%+17New
MB, Levis & Associates, LLC17$3.11K0.00%00.0%Unchanged
Raffa Wealth Management, LLC18$3.28K0.00%00.0%Unchanged
Hughes Financial Services, LLC18$3.28K0.00%00.0%Unchanged
Aspect Partners, LLC18$3.28K0.00%+4+28.6%Added
Horizon Financial Services, LLC19$3.46K0.00%+19New
UMA Financial Services, Inc.20$3.64K0.00%−53−72.6%Reduced
Albion Financial Group20$3.64K0.00%00.0%Unchanged
Peterson Wealth Services20$3.64K0.00%−9,557−99.8%Reduced
Abound Wealth Management20$3.65K0.00%00.0%Unchanged
T. Rowe Price Investment Management, Inc.18$4.00K0.00%00.0%Unchanged
Dogwood Wealth Management LLC22$4.00K0.00%−9−29.0%Reduced
Luken Investment Analytics, LLC23$4.19K0.00%+23New
Meeder Asset Management Inc24$4.37K0.00%−1−4.0%Reduced
PayPay Securities Corp24$4.37K0.13%+19+380.0%Added
Financial Perspectives, Inc25$4.62K0.00%00.0%Unchanged
Morton Brown Family Wealth, LLC27$4.91K0.00%00.0%Unchanged
Cornerstone Financial Management LLC27$4.91K0.00%+27New
Investment Research & Advisory Group, Inc.23$5.00K0.00%+1+4.5%Added
SWAN Capital LLC29$5.25K0.00%00.0%Unchanged
Howard Hughes Medical Institute31$5.64K0.00%00.0%Unchanged
Webster Bank, N. A.31$5.64K0.00%00.0%Unchanged
LGT Financial Advisors LLC31$5.65K0.03%00.0%Unchanged
Red Tortoise LLC32$5.82K0.00%00.0%Unchanged
Maseco LLP32$5.92K0.00%+32New
DAGCO, Inc.34$6.19K0.00%−9−20.9%Reduced
GoalVest Advisory LLC34$6.19K0.00%+34New
Torren Management, LLC34$6.24K0.00%+34New
WFA of San Diego, LLC35$6.37K0.00%00.0%Unchanged
Ares Financial Consulting, LLC35$6.37K0.01%+35New
Fortitude Family Office, LLC36$6.55K0.00%−32−47.1%Reduced
Country Trust Bank37$6.73K0.00%00.0%Unchanged
West Financial Advisors, LLC37$6.73K0.00%+37New
ORG Partners LLC38$6.91K0.00%−27−41.5%Reduced
Evolution Wealth Management Inc.38$6.92K0.01%+38New
Avion Wealth40$7.00K0.00%−8−16.7%Reduced
Barrett & Company, Inc.40$7.28K0.00%00.0%Unchanged
McIlrath & Eck, LLC40$7.28K0.00%00.0%Unchanged
American Capital Advisory, LLC40$7.28K0.00%+1+2.6%Added
Westside Investment Management, Inc.40$7.30K0.00%00.0%Unchanged
HighMark Wealth Management LLC41$7.46K0.00%+8+24.2%Added
St Germain D J Co Inc42$7.64K0.00%00.0%Unchanged
Basepoint Wealth LLC42$7.66K0.00%+42New
Cape Investment Advisory, Inc.43$7.77K0.00%+33+330.0%Added
Guinness Atkinson Asset Management Inc44$7.95K0.00%+44New
Glen Eagle Advisors, LLC46$8.43K0.00%−10−17.9%Reduced
Wealth Enhancement Trust Services, Inc.47$8.55K0.00%+47New