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, 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 |
|---|---|---|---|---|---|
| Old National Bancorp | 44,464 | $8.09M | 0.13% | +1,652+3.9% | Added |
| Rodgers Brothers Inc. | 44,169 | $8.04M | 0.96% | −246−0.6% | Reduced |
| Kennon-Green & Company, LLC | 44,154 | $8.04M | 6.38% | −380−0.9% | Reduced |
| Nisa Investment Advisors, LLC | 43,548 | $7.92M | 0.03% | +2,802+6.9% | Added |
| Independent Advisor Alliance | 42,750 | $7.78M | 0.19% | +212+0.5% | Added |
| United Bank | 42,712 | $7.77M | 1.03% | −8,971−17.4% | Reduced |
| Freestone Grove Partners LP | 42,516 | $7.74M | 0.06% | −129,639−75.3% | Reduced |
| Erste Asset Management GmbH | 41,834 | $7.56M | 0.06% | +3,734+9.8% | Added |
| DnB Asset Management AS | 41,529 | $7.56M | 0.03% | −2,181−5.0% | Reduced |
| Arizona State Retirement System | 40,810 | $7.43M | 0.04% | −3,321−7.5% | Reduced |
| Qsemble Capital Management, LP | 40,394 | $7.35M | 0.61% | −3,630−8.2% | Reduced |
| Osmosis Investment Management UK Ltd | 40,152 | $7.31M | 0.18% | +40,152 | New |
| Tobam | 39,894 | $7.26M | 1.78% | −555−1.4% | Reduced |
| State of Michigan Retirement System | 39,734 | $7.23M | 0.04% | −2,000−4.8% | Reduced |
| Czech National Bank | 39,072 | $7.11M | 0.05% | +1,454+3.9% | Added |
| Blair William & Co | 38,814 | $7.06M | 0.02% | +287+0.7% | Added |
| APG Asset Management N.V. | 45,228 | $7.01M | 0.02% | +45,228 | New |
| Monte Financial Group, LLC | 38,399 | $6.99M | 2.60% | −3,144−7.6% | Reduced |
| Orion Investment Co | 38,391 | $6.99M | 2.14% | +35+0.1% | Added |
| Equitable Holdings, Inc. | 38,115 | $6.94M | 0.05% | −1,329−3.4% | Reduced |
| CI Private Wealth, LLC | 37,688 | $6.86M | 0.01% | +2,051+5.8% | Added |
| Fifth Third Bancorp | 37,198 | $6.77M | 0.02% | −3,350−8.3% | Reduced |
| Guggenheim Capital LLC | 37,057 | $6.74M | 0.05% | −24,914−40.2% | Reduced |
| Beese Fulmer Investment Management, Inc. | 73,928 | $6.73M | 0.44% | +34,876+89.3% | Added |
| Poehling Capital Management, LLC | 36,678 | $6.67M | 1.37% | −110.0% | Reduced |
| Benjamin Edwards Inc | 36,557 | $6.65M | 0.07% | −4,232−10.4% | Reduced |
| MetLife Investment Management | 36,324 | $6.61M | 0.03% | −1,215−3.2% | Reduced |
| Mariner, LLC | 36,108 | $6.57M | 0.01% | −32,095−47.1% | Reduced |
| M&T Bank Corp | 35,751 | $6.51M | 0.02% | +956+2.7% | Added |
| Alley Investment Management Company, LLC | 35,645 | $6.49M | 0.76% | +137+0.4% | Added |
| Taproot Management LP | 35,045 | $6.38M | 1.03% | +35,045 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 34,466 | $6.27M | 0.03% | −1,101−3.1% | Reduced |
| HGK Asset Management Inc | 34,271 | $6.24M | 0.92% | +849+2.5% | Added |
| SG Americas Securities, LLC | 33,815 | $6.15M | 0.01% | +30,664+973.2% | Added |
| Two Sigma Advisers, LP | 33,600 | $6.11M | 0.01% | +33,600 | New |
| Glenmede Trust Co NA | 33,352 | $6.07M | 0.03% | +33,352 | New |
| Park Avenue Securities LLC | 33,305 | $6.06M | 0.05% | −2,214−6.2% | Reduced |
| Cresset Asset Management, LLC | 33,280 | $6.06M | 0.03% | +824+2.5% | Added |
| Merit Financial Group, LLC | 32,693 | $5.95M | 0.05% | +67+0.2% | Added |
| Pathstone Holdings, LLC | 32,404 | $5.90M | 0.02% | −318−1.0% | Reduced |
| Aptus Capital Advisors, LLC | 32,117 | $5.84M | 0.05% | −2,109−6.2% | Reduced |
| Dean Investment Associates, LLC | 31,864 | $5.80M | 0.83% | −1,332−4.0% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 31,840 | $5.79M | 0.01% | +21,340+203.2% | Added |
| Advisors Asset Management, Inc. | 31,817 | $5.79M | 0.10% | −1,669−5.0% | Reduced |
| Voya Investment Management LLC | 31,773 | $5.78M | 0.01% | −1,256−3.8% | Reduced |
| Retirement Systems of Alabama | 31,521 | $5.74M | 0.02% | −73−0.2% | Reduced |
| Boston Trust Walden Corp | 31,225 | $5.68M | 0.04% | −42,503−57.6% | Reduced |
| Lipe & Dalton | 31,023 | $5.65M | 2.79% | −670−2.1% | Reduced |
| Fruth Investment Management | 30,914 | $5.63M | 1.52% | −300−1.0% | Reduced |
| Portland Global Advisors LLC | 30,759 | $5.60M | 0.60% | +856+2.9% | Added |
| Opal Capital LLC | 30,748 | $5.60M | 1.40% | +30,748 | New |
| USS Investment Management Ltd | 30,608 | $5.57M | 0.03% | +203+0.7% | Added |
| TrueMark Investments, LLC | 30,463 | $5.54M | 1.06% | +2,184+7.7% | Added |
| Benedict Financial Advisors Inc | 30,379 | $5.53M | 1.17% | +262+0.9% | Added |
| Kestra Advisory Services, LLC | 30,333 | $5.52M | 0.02% | −545−1.8% | Reduced |
| Glassy Mountain Advisors, Inc. | 30,045 | $5.47M | 1.65% | +501+1.7% | Added |
| Northern Oak Wealth Management Inc | 29,936 | $5.45M | 0.68% | +1,151+4.0% | Added |
| Resources Investment Advisors, LLC. | 29,691 | $5.40M | 0.05% | +21,649+269.2% | Added |
| IFM Investors Pty Ltd | 29,612 | $5.39M | 0.04% | −519−1.7% | Reduced |
| Rockefeller Capital Management L.P. | 29,551 | $5.38M | 0.01% | +4,215+16.6% | Added |
| Wilkins Investment Counsel Inc | 29,330 | $5.34M | 0.78% | −300−1.0% | Reduced |
| Swiss Life Asset Management Ltd | 29,007 | $5.28M | 0.03% | −6,610−18.6% | Reduced |
| Westfield Capital Management Co LP | 29,000 | $5.28M | 0.02% | −288−1.0% | Reduced |
| Walleye Trading LLC | 28,606 | $5.21M | 0.08% | +28,606 | New |
| Skandinaviska Enskilda Banken AB (publ) | 28,397 | $5.17M | 0.02% | −1,630−5.4% | Reduced |
| Steward Partners Investment Advisory, LLC | 28,308 | $5.15M | 0.03% | +4,827+20.6% | Added |
| W.G. Shaheen & Associates DBA Whitney & Co | 27,976 | $5.09M | 0.41% | −4,891−14.9% | Reduced |
| Slagle Financial, LLC | 27,937 | $5.08M | 1.78% | +638+2.3% | Added |
| Amalgamated Bank | 27,913 | $5.08M | 0.04% | −843−2.9% | Reduced |
| CIBC World Markets Inc. | 27,763 | $5.05M | 0.01% | −744−2.6% | Reduced |
| Mercer Global Advisors Inc | 27,511 | $5.01M | 0.01% | +768+2.9% | Added |
| ProShare Advisors LLC | 27,492 | $5.00M | 0.01% | +1,125+4.3% | Added |
| Mengis Capital Management, Inc. | 27,475 | $5.00M | 0.88% | +4,525+19.7% | Added |
| Brown Advisory Inc | 27,305 | $4.97M | 0.01% | −840−3.0% | Reduced |
| Employees Provident Fund Board | 27,000 | $4.91M | 0.04% | −500−1.8% | Reduced |
| Stansberry Asset Management, LLC | 26,923 | $4.90M | 0.50% | −2,670−9.0% | Reduced |
| ICICI Prudential Asset Management Co Ltd | 26,600 | $4.84M | 0.57% | +12,000+82.2% | Added |
| Teacher Retirement System of Texas | 26,299 | $4.79M | 0.02% | −9,863−27.3% | Reduced |
| Bontempo Ohly Capital Mgmt LLC | 26,268 | $4.78M | 2.06% | +16+0.1% | Added |
| British Columbia Investment Management Corp | 26,219 | $4.77M | 0.03% | +4,950+23.3% | Added |
| B. Metzler seel. Sohn & Co. AG | 26,039 | $4.74M | 0.04% | +11,876+83.9% | Added |
| Dark Forest Capital Management LP | 25,920 | $4.72M | 0.22% | +25,920 | New |
| Bank of Nova Scotia | 25,348 | $4.61M | 0.01% | +4,835+23.6% | Added |
| Philip James Wealth Mangement, LLC | 25,341 | $4.61M | 0.53% | −71−0.3% | Reduced |
| Man Group plc | 25,082 | $4.56M | 0.01% | −30,751−55.1% | Reduced |
| Heritage Investors Management Corp | 25,041 | $4.56M | 0.13% | −214−0.8% | Reduced |
| CWM, LLC | 24,957 | $4.54M | 0.01% | −1,854−6.9% | Reduced |
| GWM Advisors LLC | 24,910 | $4.53M | 0.02% | −1,009−3.9% | Reduced |
| Signature Wealth Management Group | 24,873 | $4.53M | 1.85% | +149+0.6% | Added |
| Envestnet Portfolio Solutions, Inc. | 24,847 | $4.52M | 0.02% | −1,470−5.6% | Reduced |
| Butensky & Cohen Financial Security, Inc | 24,418 | $4.44M | 1.20% | +4,903+25.1% | Added |
| Xponance, Inc. | 24,299 | $4.42M | 0.03% | +1,441+6.3% | Added |
| Utah Retirement Systems | 23,997 | $4.37M | 0.04% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 23,985 | $4.36M | 0.06% | −1,337−5.3% | Reduced |
| Sanctuary Advisors, LLC | 23,931 | $4.35M | 0.02% | +615+2.6% | Added |
| Daiwa Securities Group Inc. | 23,901 | $4.35M | 0.01% | +677+2.9% | Added |
| Dakota Wealth Management | 23,730 | $4.32M | 0.08% | −4,790−16.8% | Reduced |
| Fiduciary Trust Co | 23,665 | $4.31M | 0.05% | +32+0.1% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 23,610 | $4.30M | 0.03% | −51−0.2% | Reduced |
| Parthenon LLC | 23,565 | $4.29M | 0.46% | −675−2.8% | Reduced |