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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
Roble, Belko & Company, Inc311$57.0K0.01%+2+0.6%Added
Cranbrook Wealth Management, LLC314$57.1K0.01%00.0%Unchanged
SageView Advisory Group, LLC316$57.6K0.00%+316New
Wellington Grp LLC320$58.2K0.02%+320New
Sachetta, LLC322$58.6K0.03%−215−40.0%Reduced
Bernard Wealth Management Corp.325$59.2K0.02%+2+0.6%Added
LRI Investments, LLC326$59.4K0.00%−41−11.2%Reduced
Pinnacle Wealth Planning Services, Inc.327$59.5K0.01%+327New
Gleason Group, Inc.329$59.8K0.01%+3+0.9%Added
BOK Financial Private Wealth, Inc.330$60.0K0.00%00.0%Unchanged
VSM Wealth Advisory, LLC330$60.1K0.02%00.0%Unchanged
Safe Harbor Fiduciary, LLC333$60.6K0.05%+333New
Atlantic Trust, LLC334$60.8K0.01%−23−6.4%Reduced
Sentry Investment Management LLC334$61.0K0.04%00.0%Unchanged
Delta Asset Management LLC340$61.9K0.01%+15+4.6%Added
Princeton Global Asset Management LLC343$62.4K0.01%00.0%Unchanged
South State Corp.345$62.8K0.00%−5−1.4%Reduced
High Note Wealth, LLC351$63.9K0.01%−15−4.1%Reduced
McMillan Office, Inc.358$65.1K0.01%+358New
Pinnacle Bancorp, Inc.359$65.3K0.02%00.0%Unchanged
EverSource Wealth Advisors, LLC376$68.4K0.00%−219−36.8%Reduced
Evolution Advisers, Inc.381$69.0K0.03%00.0%Unchanged
Quent Capital, LLC382$69.5K0.01%−13−3.3%Reduced
Consultiva Wealth Management, Corp.394$71.7K0.20%00.0%Unchanged
Flagship Wealth Advisors, LLC400$72.8K0.02%00.0%Unchanged
Intact Investment Management Inc.400$72.8K0.00%+400New
Trust Co403$73.3K0.01%+3+0.8%Added
Salomon & Ludwin, LLC409$73.6K0.01%+65+18.9%Added
Winnow Wealth LLC405$73.7K0.05%−5,288−92.9%Reduced
Rialto Wealth Management, LLC420$76.4K0.02%+1+0.2%Added
Alphadyne Asset Management LP425$77.3K0.01%+425New
Motiv8 Investments LLC427$78.0K0.04%+427New
Peoples Financial Services Corp.429$78.1K0.04%00.0%Unchanged
Onefund, LLC429$78.1K0.05%+27+6.7%Added
eCIO, Inc.442$80.4K0.04%+442New
Sound Income Strategies, LLC420$83.1K0.00%+6+1.4%Added
REAP Financial Group, LLC460$83.8K0.02%+63+15.9%Added
Innovative Advisory Group, LLC464$84.5K0.06%−11−2.3%Reduced
Foster Dykema Cabot & Partners, LLC483$87.9K0.01%−1,300−72.9%Reduced
Parkside Financial Bank & Trust484$88.1K0.01%−209−30.2%Reduced
Basecamp Wealth Advisors LLC490$89.2K0.02%+490New
Livforsakringsbolaget Skandia, Omsesidigt500$91.0K0.00%00.0%Unchanged
Zions Bancorporation, National Association503$91.5K0.00%+149+42.1%Added
Cromwell Holdings LLC514$93.5K0.05%00.0%Unchanged
Bellevue Asset Management, LLC516$94.0K0.05%+2+0.4%Added
Root Financial Partners, LLC519$94.4K0.00%−36−6.5%Reduced
Ronald Blue Trust, Inc.529$96.3K0.00%−139−20.8%Reduced
Optiver Holding B.V.533$97.0K0.00%+533New
Signature Equity Partners, LLC535$97.3K0.05%+535New
SRS Capital Advisors, Inc.536$97.6K0.00%−17−3.1%Reduced
Brown, Lisle/Cummings, Inc.543$98.8K0.02%00.0%Unchanged
Capital Analysts, LLC542$99.0K0.00%00.0%Unchanged
Covestor Ltd580$105.0K0.05%−96−14.2%Reduced
Farmers & Merchants Trust Co of Chambersburg PA600$109.0K0.03%00.0%Unchanged
Blackhill Capital Inc600$109.2K0.01%00.0%Unchanged
Federated Hermes, Inc.632$115.0K0.00%−1−0.2%Reduced
Hills Bank & Trust Co645$117.4K0.01%−10−1.5%Reduced
Adirondack Trust Co653$118.8K0.04%00.0%Unchanged
Camelot Portfolios, LLC659$119.9K0.07%+659New
Ankerstar Wealth, LLC659$120.0K0.12%+659New
Resources Management Corp700$127.0K0.02%+225+47.4%Added
Financiere des Professionnels - Fonds d,investissement inc.700$127.4K0.01%00.0%Unchanged
Fortis Group Advisors, LLC702$127.8K0.02%00.0%Unchanged
Elgethun Capital Management707$128.7K0.02%00.0%Unchanged
JFS Wealth Advisors, LLC721$131.2K0.01%+37+5.4%Added
MCF Advisors LLC754$137.2K0.01%+754New
Smartleaf Asset Management LLC759$138.4K0.01%+259+51.8%Added
Creative Financial Designs Inc762$138.7K0.01%00.0%Unchanged
Pacific Center for Financial Services746$139.5K0.04%00.0%Unchanged
Costello Asset Management, INC768$139.7K0.05%+4+0.5%Added
Jessup Wealth Management, Inc820$149.2K0.05%+820New
ESL Trust Services, LLC823$149.8K0.03%00.0%Unchanged
JNBA Financial Advisors832$151.4K0.01%00.0%Unchanged
MV Capital Management, Inc.836$152.1K0.01%−12−1.4%Reduced
Deseret Mutual Benefit Administrators838$152.5K0.07%+40+5.0%Added
New Age Alpha Advisors, LLC857$156.0K0.01%−1,482−63.4%Reduced
Hanson & Doremus Investment Management863$157.0K0.02%−9−1.0%Reduced
South Dakota Investment Council900$164.0K0.00%−100−10.0%Reduced
Golden State Wealth Management, LLC901$164.1K0.02%+113+14.3%Added
Financial Consulate, Inc904$164.6K0.02%+2+0.2%Added
Bokf, NA910$165.6K0.00%−10−1.1%Reduced
Quest Partners LLC920$167.4K0.01%−72−7.3%Reduced
FIL Ltd929$169.1K0.00%+929New
Cary Street Partner Investment Advisory LLC953$173.4K0.05%+23+2.5%Added
Ofi Invest Asset Management1,120$173.5K0.00%+1,120New
Quaker Wealth Management, LLC967$176.0K0.06%00.0%Unchanged
MidFirst Bank974$177.2K0.01%+974New
Rothschild Investment LLC986$179.4K0.01%−33−3.2%Reduced
Bank of Jackson Hole Trust989$180.0K0.09%+294+42.3%Added
Massmutual Trust Co FSB999$181.8K0.00%+16+1.6%Added
Clean Yield Group1,000$182.0K0.05%00.0%Unchanged
Centaurus Financial, Inc.1,013$184.0K0.01%+208+25.8%Added
Strategic Wealth Partners, Ltd.1,045$190.2K0.01%+191+22.4%Added
Anchor Investment Management, LLC1,077$196.0K0.02%00.0%Unchanged
Alliance Wealth Management Group1,100$200.2K0.04%00.0%Unchanged
Godshalk Welsh Capital Management, Inc.1,100$200.2K0.11%00.0%Unchanged
Towercrest Capital Management1,100$200.2K0.03%00.0%Unchanged
McHugh Group, LLC1,100$200.2K0.11%00.0%Unchanged
Synergy Financial Group, LTD1,107$201.5K0.14%−145−11.6%Reduced
Texas Capital Bank Wealth Management Services Inc1,111$202.2K0.01%−46−4.0%Reduced