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Livermore
Livermore
ZHEN

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
Delta Asset Management LLC340$61.9K0.01%+15+4.6%Added
Sentry Investment Management LLC334$61.0K0.04%00.0%Unchanged
Atlantic Trust, LLC334$60.8K0.01%−23−6.4%Reduced
Safe Harbor Fiduciary, LLC333$60.6K0.05%+333New
VSM Wealth Advisory, LLC330$60.1K0.02%00.0%Unchanged
BOK Financial Private Wealth, Inc.330$60.0K0.00%00.0%Unchanged
Gleason Group, Inc.329$59.8K0.01%+3+0.9%Added
Pinnacle Wealth Planning Services, Inc.327$59.5K0.01%+327New
LRI Investments, LLC326$59.4K0.00%−41−11.2%Reduced
Bernard Wealth Management Corp.325$59.2K0.02%+2+0.6%Added
Sachetta, LLC322$58.6K0.03%−215−40.0%Reduced
Wellington Grp LLC320$58.2K0.02%+320New
SageView Advisory Group, LLC316$57.6K0.00%+316New
Cranbrook Wealth Management, LLC314$57.1K0.01%00.0%Unchanged
Roble, Belko & Company, Inc311$57.0K0.01%+2+0.6%Added
City State Bank310$56.4K0.02%00.0%Unchanged
Steigerwald, Gordon & Koch Inc.305$55.5K0.01%00.0%Unchanged
Plante Moran Financial Advisors, LLC300$54.6K0.00%−95−24.1%Reduced
Core Alternative Capital300$54.6K0.02%00.0%Unchanged
Rosenberg Matthew Hamilton300$54.6K0.01%00.0%Unchanged
Twin Lakes Capital Management, LLC300$54.6K0.02%00.0%Unchanged
Ramirez Asset Management, Inc.300$54.6K0.01%00.0%Unchanged
Newbridge Financial Services Group, Inc.290$52.8K0.01%+1+0.3%Added
Raleigh Capital Management Inc.288$52.3K0.02%−23−7.4%Reduced
SHP Wealth Management284$51.8K0.00%+284New
Richardson Financial Services Inc.281$51.1K0.03%+32+12.9%Added
First Horizon Corp280$51.0K0.00%00.0%Unchanged
North Star Investment Management Corp.275$50.0K0.00%+19+7.4%Added
New Millennium Group LLC265$48.3K0.02%−83−23.9%Reduced
McGuire Capital Advisors Inc260$47.3K0.03%+260New
High Point Wealth Management, LLC259$47.2K0.04%+259New
Abound Financial, LLC250$45.5K0.02%+250New
Whi Trust Co LLC248$45.1K0.03%+248New
Close Asset Management Ltd246$45.0K0.00%00.0%Unchanged
Wellington-Altus USA Inc.246$44.8K0.03%+246New
Armstrong Advisory Group, Inc240$43.7K0.00%00.0%Unchanged
CoreFirst Bank & Trust240$43.7K0.02%−449−65.2%Reduced
Park Place Capital Corp238$43.3K0.01%+20+9.2%Added
Atlantic Edge Private Wealth Management, LLC230$41.9K0.01%+230New
CNB Bank225$40.9K0.02%00.0%Unchanged
Clear Street Markets LLC219$39.9K0.01%−35−13.8%Reduced
TCTC Holdings, LLC216$39.3K0.00%00.0%Unchanged
Beaird Harris Wealth Management, LLC211$38.4K0.00%00.0%Unchanged
DV Equities, LLC205$37.3K0.01%+205New
Pittenger & Anderson Inc203$36.9K0.00%+3+1.5%Added
Vermillion & White Wealth Management Group, LLC199$36.2K0.02%00.0%Unchanged
Quarry LP195$35.5K0.01%−896−82.1%Reduced
WPG Advisers, LLC194$35.3K0.03%−8−4.0%Reduced
Frazier Financial Advisors, LLC188$34.2K0.02%00.0%Unchanged
Measured Wealth Private Client Group, LLC188$34.2K0.01%00.0%Unchanged
Tradewinds Capital Management, LLC180$32.8K0.01%00.0%Unchanged
Thompson Investment Management, Inc.175$31.8K0.00%−100−36.4%Reduced
Towarzystwo Funduszy Inwestycyjnych Pzu SA170$30.9K0.01%00.0%Unchanged
Trust Co of Toledo NA167$30.4K0.00%00.0%Unchanged
Indiana Trust & Investment Management CO165$30.0K0.01%00.0%Unchanged
Manchester Capital Management LLC165$30.0K0.00%+91+123.0%Added
Financial Avengers, Inc.161$29.3K0.01%+1+0.6%Added
Wealth Preservation Advisors, LLC151$27.5K0.01%−1,024−87.1%Reduced
Farmers & Merchants Investments Inc150$27.3K0.00%+4+2.7%Added
Laurel Wealth Advisors LLC150$27.3K0.00%+150New
Bard Associates Inc143$26.1K0.01%+143New
Asset Planning,Inc143$26.0K0.02%+1+0.7%Added
Reflection Asset Management142$25.8K0.02%+142New
Cornerstone Planning Group LLC132$25.4K0.00%−8−5.7%Reduced
SJS Investment Consulting Inc.139$25.3K0.00%+8+6.1%Added
Bangor Savings Bank138$25.1K0.00%−51−27.0%Reduced
Sittner & Nelson, LLC100$23.2K0.01%00.0%Unchanged
IMA Wealth, Inc.125$22.7K0.00%00.0%Unchanged
CVA Family Office, LLC122$22.2K0.00%−3−2.4%Reduced
Crewe Advisors LLC120$21.8K0.00%00.0%Unchanged
Anfield Capital Management, LLC118$21.5K0.01%+113+2,260.0%Added
Ameriflex Group, Inc.115$20.9K0.01%−115−50.0%Reduced
Burkett Financial Services, LLC114$20.9K0.01%00.0%Unchanged
New England Capital Financial Advisors LLC115$20.8K0.01%−6−5.0%Reduced
True Wealth Design, LLC114$20.7K0.01%+2+1.8%Added
Global X Japan Co., Ltd.111$20.2K0.00%+28+33.7%Added
GW&K Investment Management, LLC109$20.0K0.00%+15+16.0%Added
Nalls Sherbakoff Group, LLC110$19.9K0.01%+110New
West Branch Capital LLC108$19.7K0.01%−116−51.8%Reduced
Ogorek Anthony Joseph107$19.0K0.01%−10−8.5%Reduced
Investors Research Corp104$18.9K0.00%00.0%Unchanged
Estabrook Capital Management100$18.2K0.00%−120−54.5%Reduced
Vision Financial Markets LLC100$18.2K0.02%00.0%Unchanged
GHP Investment Advisors, Inc.100$18.2K0.00%00.0%Unchanged
Hager Investment Management Services, LLC100$18.2K0.01%00.0%Unchanged
Bayban100$18.2K0.02%+100New
Hollencrest Capital Management100$18.1K0.00%−200−66.7%Reduced
Raiffeisen Bank International AG93$16.9K0.00%00.0%Unchanged
Concord Wealth Partners91$16.6K0.00%00.0%Unchanged
Barnes Dennig Private Wealth Management LLC91$16.6K0.02%+23+33.8%Added
Elyxium Wealth, LLC88$16.0K0.00%+88New
Bell Investment Advisors, Inc86$15.7K0.00%−91−51.4%Reduced
1620 Investment Advisors, Inc.86$15.7K0.01%00.0%Unchanged
PFS Partners, LLC85$15.5K0.01%00.0%Unchanged
Bare Financial Services, Inc85$15.5K0.00%00.0%Unchanged
Capital Advisors, Ltd. LLC81$15.0K0.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd80$14.6K0.00%+80New
Prestige Wealth Management Group LLC78$14.2K0.00%00.0%Unchanged
Grove Bank & Trust74$13.5K0.00%00.0%Unchanged
Lodestone Wealth Management LLC70$12.8K0.01%+70New