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 28 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,417 | $22.8B |
| Q1 2026 | 1,480 | $25.9B |
| Q4 2025 | 1,415 | $23.2B |
| Q3 2025 | 1,360 | $23.7B |
| Q2 2025 | 1,314 | $21.3B |
| Q1 2025 | 1,348 | $21.0B |
| Q4 2024 | 1,349 | $20.6B |
| Q3 2024 | 1,400 | $23.6B |
| Q2 2024 | 1,384 | $21.6B |
| Q1 2024 | 1,362 | $22.8B |
| Q4 2023 | 1,352 | $21.8B |
| Q3 2023 | 1,301 | $23.5B |
| Q2 2023 | 1,357 | $29.4B |
| Q1 2023 | 1,337 | $29.4B |
| Q4 2022 | 1,294 | $26.2B |
| Q3 2022 | 1,228 | $24.9B |
| Q2 2022 | 1,212 | $24.1B |
| Q1 2022 | 1,191 | $23.8B |
| Q4 2021 | 1,138 | $21.0B |
| Q3 2021 | 1,040 | $18.6B |
| Q2 2021 | 1,040 | $19.0B |
| Q1 2021 | 1,007 | $17.3B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Hershey Co; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Czech National Bank | 39,072 | $7.11M | 0.05% | +1,454+3.9% | Added |
| State of Michigan Retirement System | 39,734 | $7.23M | 0.04% | −2,000−4.8% | Reduced |
| Tobam | 39,894 | $7.26M | 1.78% | −555−1.4% | Reduced |
| Osmosis Investment Management UK Ltd | 40,152 | $7.31M | 0.18% | +40,152 | New |
| Qsemble Capital Management, LP | 40,394 | $7.35M | 0.61% | −3,630−8.2% | Reduced |
| Arizona State Retirement System | 40,810 | $7.43M | 0.04% | −3,321−7.5% | Reduced |
| DnB Asset Management AS | 41,529 | $7.56M | 0.03% | −2,181−5.0% | Reduced |
| Erste Asset Management GmbH | 41,834 | $7.56M | 0.06% | +3,734+9.8% | Added |
| Freestone Grove Partners LP | 42,516 | $7.74M | 0.06% | −129,639−75.3% | Reduced |
| United Bank | 42,712 | $7.77M | 1.03% | −8,971−17.4% | Reduced |
| Independent Advisor Alliance | 42,750 | $7.78M | 0.19% | +212+0.5% | Added |
| Nisa Investment Advisors, LLC | 43,548 | $7.92M | 0.03% | +2,802+6.9% | Added |
| Kennon-Green & Company, LLC | 44,154 | $8.04M | 6.38% | −380−0.9% | Reduced |
| Rodgers Brothers Inc. | 44,169 | $8.04M | 0.96% | −246−0.6% | Reduced |
| Old National Bancorp | 44,464 | $8.09M | 0.13% | +1,652+3.9% | Added |
| Aquatic Capital Management LLC | 45,805 | $8.34M | 0.24% | −3,748−7.6% | Reduced |
| Baird Financial Group, Inc. | 46,472 | $8.46M | 0.01% | +1,015+2.2% | Added |
| Soltis Investment Advisors LLC | 47,056 | $8.56M | 0.56% | +1,852+4.1% | Added |
| Palisade Asset Management, LLC | 47,697 | $8.68M | 0.85% | −7,612−13.8% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 48,317 | $8.79M | 0.04% | −3,079−6.0% | Reduced |
| Hudson Bay Capital Management LP | 48,817 | $8.88M | 0.05% | +24,200+98.3% | Added |
| Bank Julius Baer & Co. Ltd, Zurich | 49,755 | $9.06M | 0.03% | −7,381−12.9% | Reduced |
| JLB & Associates Inc | 49,922 | $9.08M | 1.23% | −5,826−10.5% | Reduced |
| GW Henssler & Associates Ltd | 50,382 | $9.17M | 0.44% | +3,052+6.4% | Added |
| Cerity Partners LLC | 50,599 | $9.21M | 0.01% | −991−1.9% | Reduced |
| State of New Jersey Common Pension Fund D | 50,904 | $9.26M | 0.03% | −455−0.9% | Reduced |
| Lawson Kroeker Investment Management Inc | 51,571 | $9.38M | 2.79% | −3,618−6.6% | Reduced |
| Logan Capital Management Inc | 52,300 | $9.52M | 0.40% | 00.0% | Unchanged |
| Umb Bank N A | 52,642 | $9.58M | 0.13% | −32−0.1% | Reduced |
| Stephens Inc | 52,405 | $9.65M | 0.12% | −5,340−9.2% | Reduced |
| Comerica Bank | 53,287 | $9.70M | 0.04% | −2,549−4.6% | Reduced |
| DekaBank Deutsche Girozentrale | 45,821 | $9.78M | 0.02% | 00.0% | Unchanged |
| CIBC World Markets Corp | 54,010 | $9.83M | 0.05% | +54,010 | New |
| Allianz SE | 55,741 | $10.1M | 0.13% | 00.0% | Unchanged |
| Oppenheimer & Co Inc | 56,091 | $10.2M | 0.14% | −4,887−8.0% | Reduced |
| Grimes & Company, Inc. | 56,201 | $10.2M | 0.24% | −545−1.0% | Reduced |
| Mn Services Vermogensbeheer B.V. | 56,610 | $10.3M | 0.06% | +641+1.1% | Added |
| CapWealth Advisors, LLC | 57,533 | $10.5M | 0.72% | −2,589−4.3% | Reduced |
| Resona Asset Management Co.,Ltd. | 57,631 | $10.5M | 0.05% | −684−1.2% | Reduced |
| DRH Investments, Inc. | 58,460 | $10.6M | 9.74% | +456+0.8% | Added |
| Nomura Asset Management Co Ltd | 59,685 | $10.9M | 0.03% | +8,439+16.5% | Added |
| Forsta Ap-Fonden | 60,400 | $11.0M | 0.07% | +29,100+93.0% | Added |
| La Banque Postale Asset Management SA | 60,981 | $11.1M | 0.13% | +60,981 | New |
| Treasurer of the State of North Carolina | 61,040 | $11.1M | 0.04% | −4,455−6.8% | Reduced |
| Natixis Advisors, L.P. | 61,539 | $11.2M | 0.02% | +11,608+23.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 61,920 | $11.3M | 0.01% | +39,358+174.4% | Added |
| Wealth Enhancement Advisory Services, LLC | 63,090 | $11.3M | 0.02% | −11,878−15.8% | Reduced |
| Bridges Investment Management Inc | 62,279 | $11.3M | 0.14% | −3,319−5.1% | Reduced |
| Assenagon Asset Management S.A. | 62,867 | $11.4M | 0.02% | +59,513+1,774.4% | Added |
| CIBC Asset Management Inc | 63,587 | $11.6M | 0.03% | +16,047+33.8% | Added |
| Wealthfront Advisers LLC | 63,936 | $11.6M | 0.03% | +6,865+12.0% | Added |
| Miramar Capital, LLC | 65,414 | $11.9M | 2.60% | +678+1.0% | Added |
| Pictet Asset Management Holding SA | 65,748 | $12.0M | 0.01% | +888+1.4% | Added |
| Brookstone Capital Management | 65,969 | $12.0M | 0.14% | −2,737−4.0% | Reduced |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 67,419 | $12.3M | 0.10% | −5,000−6.9% | Reduced |
| Markel Group Inc.SuperinvestorMarkel Group | 67,500 | $12.3M | 0.10% | +13,000+23.9% | Added |
| Mairs & Power Inc | 67,608 | $12.3M | 0.12% | −3,685−5.2% | Reduced |
| Eurizon Capital SGR S.p.A. | 67,765 | $12.3M | 0.04% | +67,765 | New |
| KBC Group NV | 69,477 | $12.6M | 0.03% | +5,033+7.8% | Added |
| Verition Fund Management LLC | 70,554 | $12.8M | 0.07% | +20,220+40.2% | Added |
| Creative Planning | 70,844 | $12.9M | 0.01% | −5,807−7.6% | Reduced |
| Commonwealth Equity Services, LLC | 71,417 | $13.0M | 0.02% | −4,445−5.9% | Reduced |
| Beacon Pointe Advisors, LLC | 71,574 | $13.0M | 0.09% | +3,794+5.6% | Added |
| Isthmus Partners, LLC | 72,381 | $13.2M | 1.46% | −156−0.2% | Reduced |
| Toronto Dominion Bank | 73,191 | $13.3M | 0.02% | +16,924+30.1% | Added |
| Prudential Financial Inc | 73,485 | $13.4M | 0.02% | −10,386−12.4% | Reduced |
| Illinois Municipal Retirement Fund | 73,905 | $13.4M | 0.17% | +7,607+11.5% | Added |
| Foster Victor Wealth Advisors, LLC | 68,421 | $13.5M | 0.79% | +3,382+5.2% | Added |
| Public Employees Retirement System of Ohio | 74,654 | $13.6M | 0.04% | +2,433+3.4% | Added |
| Susquehanna International Group, LLP | 75,831 | $13.8M | 0.02% | +40,859+116.8% | Added |
| Advisor Group Holdings, Inc. | 75,757 | $13.8M | 0.02% | −10,876−12.6% | Reduced |
| Handelsbanken Fonder AB | 76,444 | $13.9M | 0.04% | +15,231+24.9% | Added |
| Cambridge Investment Research Advisors, Inc. | 77,086 | $14.0M | 0.04% | −1,909−2.4% | Reduced |
| Mackenzie Financial Corp | 77,807 | $14.1M | 0.02% | +2,917+3.9% | Added |
| SEI Investments Co | 78,022 | $14.2M | 0.01% | +10,510+15.6% | Added |
| Danske Bank A/S | 78,272 | $14.2M | 0.03% | +1,600+2.1% | Added |
| Chevy Chase Trust Holdings, Inc. | 78,775 | $14.3M | 0.04% | −540−0.7% | Reduced |
| Skba Capital Management LLC | 82,110 | $14.9M | 2.12% | +6,780+9.0% | Added |
| Advisors Capital Management, LLC | 83,288 | $15.2M | 0.18% | +78,313+1,574.1% | Added |
| PFA Pension, Forsikringsaktieselskab | 83,307 | $15.2M | 0.04% | +83,307 | New |
| Truist Financial Corp | 84,373 | $15.4M | 0.02% | +2,274+2.8% | Added |
| Capital International Inc | 85,393 | $15.5M | 0.12% | +10,233+13.6% | Added |
| Bryn Mawr Trust Co | 85,483 | $15.6M | 0.37% | −23,423−21.5% | Reduced |
| Madison Asset Management, LLC | 85,914 | $15.6M | 0.18% | −1,152−1.3% | Reduced |
| Asset Management One Co.,Ltd. | 87,055 | $15.7M | 0.04% | −1,309−1.5% | Reduced |
| State of Wisconsin Investment Board | 89,002 | $16.2M | 0.04% | −247−0.3% | Reduced |
| Manufacturers Life Insurance Company, The | 91,350 | $16.6M | 0.01% | −726−0.8% | Reduced |
| STRS Ohio | 94,190 | $17.1M | 0.06% | +78,307+493.0% | Added |
| State of Tennessee, Treasury Department | 89,063 | $17.3M | 0.06% | +52,647+144.6% | Added |
| PBU - The Pension Fund of Early Childhood & Youth Educators | 96,029 | $17.5M | 0.25% | +96,029 | New |
| Heartland Advisors Inc | 97,178 | $17.7M | 0.95% | −10,006−9.3% | Reduced |
| HighTower Advisors, LLC | 98,183 | $17.9M | 0.02% | −2,207−2.2% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 100,197 | $18.3M | 0.03% | +10,263+11.4% | Added |
| Royal London Asset Management Ltd | 100,621 | $18.3M | 0.04% | +2,130+2.2% | Added |
| New York State Common Retirement Fund | 100,700 | $18.3M | 0.02% | 00.0% | Unchanged |
| Adage Capital Partners GP, L.L.C. | 102,785 | $18.7M | 0.03% | −11,000−9.7% | Reduced |
| Janney Montgomery Scott LLC | 106,114 | $19.3M | 0.04% | −125−0.1% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 106,649 | $19.4M | 0.17% | +49,927+88.0% | Added |
| Quantinno Capital Management LP | 109,693 | $20.0M | 0.04% | −10,863−9.0% | Reduced |
| Standard Life Aberdeen plc | 110,341 | $20.1M | 0.03% | +1,213+1.1% | Added |