HSY
The Hershey Company · Consumer Defensive · Food Confectioners
Momentum inputs (comparable managers):
holder breadth -4.3% ·
share flow +5.2% ·
net new positions -9.1%
· formula
Concentrated accumulation: rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q3 2026 | 4 | +1 | 370.43K | $57.67M | +1 | −2 |
| Q2 2026 | 163 | -3 | 99.29M | $17.43B | +3 | −7 |
| 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) | 18.88M | +0.2% | $3.53B | 0.1% | ▲ Add | 2 | SEC ↗ ×5 |
| 2 | BlackRock ✦ (passive) | 12.09M | -1.4% | $2.26B | 0.0% | ▼ Trim | 2 | SEC ↗ ×22 |
| 3 | State Street Global Advisors ✦ (passive) | 7.25M | +1.8% | $1.36B | 0.0% | ▲ Add | 4 | SEC ↗ |
| 4 | Geode Capital Management ✦ (passive) | 4.73M | +3.5% | $881.28M | 0.1% | ▲ Add | 6 | SEC ↗ ×2 |
| 5 | JPMorgan Chase ✦ | 3.69M | n/a | $689.80M | 0.0% | n/c | 1 | SEC ↗ ×34 |
| 6 | Morgan Stanley ✦ | 3.65M | n/a | $683.54M | 0.0% | n/c | 1 | SEC ↗ ×16 |
| 7 | Citadel Advisors ✦ | 2.51M | +122.3% | $469.24M | 0.4% | ▲ Add | 6 | SEC ↗ ×2 |
| 8 | Fidelity (FMR) ✦ | 1.15M | +204.4% | $215.46M | 0.0% | ▲ Add | 2 | SEC ↗ ×4 |
| 9 | Goldman Sachs Group ✦ | 577.54K | n/a | $108.03M | 0.0% | n/c | 1 | SEC ↗ ×4 |
| 10 | Millennium Management ✦ | 552.17K | +175.9% | $103.28M | 0.1% | ▲ Add | 6 | SEC ↗ |
| 11 | Point72 Asset Management ✦ | 405.46K | New | $75.84M | 0.2% | New | 1 | SEC ↗ |
| 12 | T. Rowe Price ✦ | 216.05K | +0.8% | $40.41M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 13 | AQR Capital Management ✦ | 196.70K | -10.2% | $36.20M | 0.0% | ▼ Trim | 6 | SEC ↗ ×5 |
| 14 | Marshall Wace ✦ | 163.54K | -40.5% | $30.59M | 0.0% | ▼ Trim | 6 | SEC ↗ ×4 |
| 15 | Adage Capital Partners ✦ | 113.78K | +10.5% | $21.28M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 16 | Markel Group ✦ | 54.50K | 0.0% | $10.19M | 0.1% | Held | 6 | SEC ↗ |
| 17 | Two Sigma Investments ✦ | 23.02K | -64.9% | $4.31M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 18 | Bridgewater Associates ✦ | 8.92K | +6.9% | $1.67M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 19 | Wellington Management ✦ | 5.96K | +15.5% | $1.12M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 20 | Gotham Asset Management ✦ | 4.68K | -7.9% | $875,020 | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 21 | Fisher Asset Management ✦ | 1.45K | -17.9% | $271,354 | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 22 | GAMCO Investors ✦ | 1.36K | -15.6% | $253,827 | 0.0% | ▼ Trim | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Point72 Asset Management | $75.84M | 0.2% |
Exited
| Norges Bank | $234.39M | was 0.0% |
| Baillie Gifford | $16.83M | was 0.0% |
| Arrowstreet Capital | $4.01M | was 0.0% |
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 · 5.64K sh · $946,185
10% owner · 1.20K sh · $203,419
10% owner · 3.15K sh · $531,619
10% owner · 2.91K sh · $492,855
10% owner · 7.09K sh · $1.20M
10% owner · 7.87K sh · $1.32M
10% owner · 633 sh · $105,690
10% owner · 770 sh · $130,624
10% owner · 732 sh · $123,365
10% owner · 1.51K sh · $258,945
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology