Skip to main content

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.

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
DT Investment Partners, LLC13,951$2.54M0.21%00.0%Unchanged
Central Bank & Trust Co13,897$2.53M0.39%−84−0.6%Reduced
Investment Management Corp of Ontario13,871$2.52M0.03%+6,931+99.9%Added
Chesley Taft & Associates LLC13,827$2.52M0.10%+329+2.4%Added
Elo Mutual Pension Insurance Co13,657$2.49M0.04%+13,657New
iA Global Asset Management Inc.13,605$2.48M0.03%−111,920−89.2%Reduced
Argyle Capital Management Inc.13,511$2.46M0.82%00.0%Unchanged
J.W. Cole Advisors, Inc.13,952$2.46M0.06%+564+4.2%Added
Carret Asset Management, LLC13,500$2.46M0.23%−300−2.2%Reduced
Arnhold LLC13,480$2.45M0.19%00.0%Unchanged
Auxier Asset Management13,460$2.45M0.34%−100−0.7%Reduced
Settian Capital LP13,400$2.44M1.63%00.0%Unchanged
Hilltop Holdings Inc.13,349$2.43M0.15%−1,380−9.4%Reduced
Hillman Capital Management, Inc.13,308$2.42M1.52%−1,400−9.5%Reduced
Great Valley Advisor Group, Inc.13,214$2.40M0.05%−164−1.2%Reduced
Culbertson A N & Co Inc13,159$2.39M0.33%−928−6.6%Reduced
Quinn Opportunity Partners LLC13,000$2.37M0.10%+13,000New
Picton Mahoney Asset Management12,990$2.36M0.03%+15+0.1%Added
Wellington Management Group LLP12,892$2.35M0.00%+6,931+116.3%Added
Laird Norton Trust Company, LLC12,815$2.33M0.05%+12,815New
Cim, LLC12,725$2.32M0.30%+144+1.1%Added
Concentric Capital Strategies, LP12,720$2.31M0.12%+12,720New
Dearborn Partners LLC12,687$2.31M0.12%−139−1.1%Reduced
MAI Capital Management12,621$2.30M0.01%+900+7.7%Added
Absher Wealth Management, LLC12,571$2.29M0.27%−1,049−7.7%Reduced
Kentucky Farm Bureau Mutual Insurance Co12,500$2.27M0.61%00.0%Unchanged
Rafferty Asset Management, LLC12,408$2.26M0.01%−216−1.7%Reduced
Bahl & Gaynor Inc12,377$2.25M0.01%−1,089−8.1%Reduced
Valeo Financial Advisors, LLC12,368$2.25M0.05%−2,644−17.6%Reduced
Jamison Private Wealth Management, Inc.12,287$2.24M0.27%+421+3.5%Added
Ashton Thomas Securities, LLC12,253$2.23M0.42%−447−3.5%Reduced
Next Level Private LLC12,251$2.23M0.58%00.0%Unchanged
Central Trust Co12,242$2.23M0.04%−247−2.0%Reduced
Horizon Investments, LLC12,128$2.21M0.03%−169−1.4%Reduced
Greenleaf Trust11,941$2.17M0.02%+36+0.3%Added
Capstone Investment Advisors, LLC11,938$2.17M0.02%+6,474+118.5%Added
Allianz Asset Management GmbH11,921$2.17M0.00%+2,127+21.7%Added
Tudor Financial Inc.11,915$2.17M1.11%00.0%Unchanged
NorthCrest Asset Manangement, LLC12,028$2.16M0.05%−880−6.8%Reduced
IFG Advisory, LLC11,864$2.16M0.09%−597−4.8%Reduced
Siemens Fonds Invest GmbH11,733$2.14M0.11%−3,441−22.7%Reduced
Ami Investment Management Inc11,654$2.12M0.48%−1,334−10.3%Reduced
Studio Investment Management LLC11,651$2.12M0.39%+145+1.3%Added
Teachers Retirement System of the State of Kentucky11,588$2.11M0.02%00.0%Unchanged
NewEdge Wealth, LLC11,572$2.11M0.02%+3,659+46.2%Added
Hazlett, Burt & Watson, Inc.11,436$2.08M0.66%+87+0.8%Added
ICW Investment Advisors LLC11,363$2.07M0.75%−97−0.8%Reduced
O'Domhnaill Enterprises, Inc.11,226$2.04M1.91%+11,226New
Knollwood Investment Advisory, LLC11,209$2.04M0.19%00.0%Unchanged
Mizuho Securities USA LLC10,789$2.03M0.03%+20.0%Added
Meadowbrook Advisors Group, LLC11,147$2.03M1.14%+11,147New
Prospera Financial Services Inc11,129$2.03M0.03%+699+6.7%Added
Harvest Investment Advisors, LLC11,107$2.02M1.15%−190−1.7%Reduced
Allstate Corp11,082$2.02M0.03%+5,728+107.0%Added
Robeco Institutional Asset Management B.V.11,069$2.01M0.00%+1,521+15.9%Added
Janus Henderson Group PLC10,993$2.00M0.00%+976+9.7%Added
Davenport & Co LLC10,920$1.99M0.01%−305−2.7%Reduced
Virtu Financial LLC10,788$1.96M0.08%+9,051+521.1%Added
Commerzbank Aktiengesellschaft10,634$1.94M0.04%00.0%Unchanged
CIBC Private Wealth Group, LLC10,566$1.92M0.00%+405+4.0%Added
Vident Advisory, LLC10,516$1.91M0.02%+2,140+25.5%Added
Hussman Strategic Advisors, Inc.10,500$1.91M0.46%00.0%Unchanged
Maverick Capital LtdSuperinvestorMaverick Capital10,500$1.91M0.02%+10,500New
Lantz Financial LLC10,384$1.89M0.40%−185−1.8%Reduced
Candriam Luxembourg S.C.A.10,314$1.88M0.01%−391−3.7%Reduced
Bell Bank10,299$1.87M0.08%+10,299New
Generali Asset Management SPA SGR10,254$1.87M0.04%−6,709−39.6%Reduced
We Are One Seven, LLC10,127$1.84M0.04%−461−4.4%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.10,086$1.84M0.01%+496+5.2%Added
Crossmark Global Holdings, Inc.10,003$1.82M0.03%+3,119+45.3%Added
Davis R M Inc9,966$1.81M0.03%−730−6.8%Reduced
Westhampton Capital, LLC9,927$1.81M0.85%00.0%Unchanged
Loring Wolcott & Coolidge Fiduciary Advisors LLP9,426$1.81M0.02%−5,381−36.3%Reduced
Physicians Financial Services, Inc.9,908$1.80M0.48%−676−6.4%Reduced
Verity & Verity, LLC9,866$1.80M0.14%−1,225−11.0%Reduced
Castle Rock Wealth Management, LLC8,862$1.79M0.39%+10.0%Added
Panagora Asset Management Inc9,703$1.77M0.01%−80−0.8%Reduced
Commonwealth Retirement Investments LLC9,632$1.75M0.56%−20−0.2%Reduced
Exchange Traded Concepts, LLC9,569$1.74M0.01%−387−3.9%Reduced
Axxcess Wealth Management, LLC9,541$1.74M0.03%−4,993−34.4%Reduced
Lido Advisors, LLC9,269$1.73M0.01%+354+4.0%Added
ING Groep NV9,494$1.73M0.01%−29,542−75.7%Reduced
RiverFront Investment Group, LLC9,486$1.73M0.03%+4,198+79.4%Added
Texas Yale Capital Corp.9,460$1.72M0.05%+4,500+90.7%Added
Harbour Investments, Inc.9,440$1.72M0.03%+4,158+78.7%Added
Concurrent Investment Advisors, LLC9,424$1.72M0.02%+4,516+92.0%Added
Folger Nolan Fleming Douglas Capital Management, Inc9,358$1.70M0.17%00.0%Unchanged
Hutner Capital Management Inc9,284$1.69M0.71%+766+9.0%Added
Bridgewater Associates, LP9,272$1.69M0.01%+348+3.9%Added
Savant Capital, LLC9,202$1.67M0.01%+131+1.4%Added
Precedent Wealth Partners, LLC9,157$1.67M0.35%+827+9.9%Added
Kentucky Retirement Systems9,146$1.66M0.05%00.0%Unchanged
Farther Finance Advisors, LLC9,081$1.65M0.02%+185+2.1%Added
Summit Trail Advisors, LLC9,004$1.64M0.03%−863−8.7%Reduced
Thrivent Financial for Lutherans8,859$1.61M0.00%−3,348−27.4%Reduced
Acadian Asset Management LLC8,831$1.61M0.00%00.0%Unchanged
Bradley Foster & Sargent Inc8,804$1.60M0.02%+32+0.4%Added
Global Retirement Partners, LLC8,733$1.59M0.03%+1,086+14.2%Added
CoreCap Advisors, LLC8,657$1.58M0.06%+36+0.4%Added
HBW Advisory Services LLC8,656$1.58M0.17%−780−8.3%Reduced