HSY
The Hershey Company · Consumer Defensive · Food Confectioners
Momentum inputs (comparable managers):
holder breadth +10.5% ·
share flow +2.9% ·
net new positions +9.5%
· formula
Broad accumulation: rising shares across more holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q3 2026 | 4 | +1 | 370.43K | $57.67M | +1 | n/a |
| Q2 2026 | 165 | -3 | 100.42M | $17.63B | +3 | −5 |
| Q1 2026 | 170 | +3 | 94.54M | $19.65B | +8 | −6 |
| Q4 2025 | 166 | +1 | 107.20M | $19.49B | +3 | −1 |
| Q3 2025 | 22 | -1 | 56.27M | $10.52B | +1 | −3 |
| Q2 2025 | 21 | +2 | 46.99M | $7.79B | +2 | n/a |
| Q1 2025 | 16 | -1 | 14.17M | $2.42B | +1 | −2 |
| Q4 2024 | 17 | -1 | 12.23M | $2.07B | +1 | −2 |
| Q3 2024 | 17 | -2 | 6.84M | $1.31B | n/a | −2 |
| Q2 2024 | 19 | n/a | 7.26M | $1.33B | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 18.84M | n/a | $3.13B | 0.1% | n/c | 1 | SEC ↗ ×6 |
| 2 | BlackRock ✦ (passive) | 12.25M | n/a | $2.03B | 0.0% | n/c | 1 | SEC ↗ ×22 |
| 3 | State Street Global Advisors ✦ (passive) | 7.12M | +0.2% | $1.18B | 0.0% | ▲ Add | 3 | SEC ↗ |
| 4 | Geode Capital Management ✦ (passive) | 4.57M | +2.9% | $755.31M | 0.1% | ▲ Add | 5 | SEC ↗ ×2 |
| 5 | Norges Bank ✦ (passive) | 1.41M | +2.1% | $234.39M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 6 | Citadel Advisors ✦ | 1.13M | +16722.3% | $187.24M | 0.2% | ▲ Add | 5 | SEC ↗ ×2 |
| 7 | Fidelity (FMR) ✦ | 378.45K | n/a | $62.80M | 0.0% | n/c | 1 | SEC ↗ ×5 |
| 8 | Marshall Wace ✦ | 274.78K | -3.4% | $45.60M | 0.1% | ▼ Trim | 5 | SEC ↗ ×2 |
| 9 | AQR Capital Management ✦ | 219.16K | +2.0% | $36.37M | 0.0% | ▲ Add | 5 | SEC ↗ ×3 |
| 10 | T. Rowe Price ✦ | 214.36K | +0.4% | $35.57M | 0.0% | ▲ Add | 5 | SEC ↗ ×2 |
| 11 | Millennium Management ✦ | 200.12K | +27.1% | $33.21M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 12 | Adage Capital Partners ✦ | 102.98K | New | $17.09M | 0.0% | New | 1 | SEC ↗ |
| 13 | Baillie Gifford ✦ | 101.39K | -29.9% | $16.83M | 0.0% | ▼ Trim | 5 | SEC ↗ ×3 |
| 14 | Two Sigma Investments ✦ | 65.53K | +331.1% | $10.88M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 15 | Markel Group ✦ | 54.50K | 0.0% | $9.04M | 0.1% | Held | 5 | SEC ↗ |
| 16 | Arrowstreet Capital ✦ | 24.19K | -77.7% | $4.01M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 17 | Bridgewater Associates ✦ | 8.35K | -23.7% | $1.39M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 18 | Wellington Management ✦ | 5.16K | -54.6% | $856,302 | 0.0% | ▼ Trim | 5 | SEC ↗ ×2 |
| 19 | Gotham Asset Management ✦ | 5.08K | -62.8% | $843,192 | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 20 | Fisher Asset Management ✦ | 1.77K | +42.4% | $293,075 | 0.0% | ▲ Add | 3 | SEC ↗ |
| 21 | GAMCO Investors ✦ | 1.61K | New | $266,682 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Adage Capital Partners | $17.09M | 0.0% |
| GAMCO Investors | $266,682 | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1 holders, 19.00K shares, $3,949 reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
10% owner · 2.78K sh · $452,254
10% owner · 4.65K sh · $763,722
10% owner · 2.48K sh · $405,238
10% owner · 80 sh · $13,202
10% owner · 12 sh · $1,943
10% owner · 741 sh · $121,724
10% owner · 5.00K sh · $815,749
10% owner · 139 sh · $22,964
10% owner · 4.12K sh · $671,279
10% owner · 211 sh · $33,937
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology