Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in HSY held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 12.8M | $2.66B | +7.3% | 6.305% | 0.05% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 9.6M | $2.00B | — | 4.749% | 0.05% |
| 3 | STATE STREET CORP | 7.3M | $1.52B | +1.7% | 3.611% | 0.05% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 7.2M | $1.50B | — | 3.554% | 0.08% |
| 5 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 4.3M | $893.7M | -19.1% | 2.121% | 0.14% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 4.2M | $869.1M | -13.2% | 2.070% | 0.05% |
| 7 | MORGAN STANLEY | 3.9M | $819.7M | +19.2% | 1.945% | 0.05% |
| 8 | ROYAL BANK OF CANADA | 3.0M | $631.2M | -1.4% | 1.498% | 0.11% |
| 9 | FMR LLC | 3.0M | $621.7M | +75.2% | 1.475% | 0.03% |
| 10 | Capital World Investors | 2.8M | $571.7M | — | 1.357% | 0.08% |
| 11 | Capital Research Global Investors | 2.4M | $495.3M | +48.4% | 1.175% | 0.08% |
| 12 | TWO SIGMA INVESTMENTS, LP | 2.0M | $411.7M | +961.6% | 0.977% | 0.33% |
| 13 | HERSHEY TRUST CO | 1.9M | $404.6M | -5.8% | 0.960% | 3.44% |
| 14 | NORTHERN TRUST CORP | 1.8M | $369.9M | +11.5% | 0.878% | 0.05% |
| 15 | Invesco Ltd. | 1.7M | $353.9M | +27.8% | 0.840% | 0.05% |
| 16 | BANK OF AMERICA CORP /DE/ | 1.4M | $290.1M | +10.0% | 0.689% | 0.02% |
| 17 | STIFEL FINANCIAL CORP | 1.2M | $253.5M | -0.6% | 0.602% | 0.23% |
| 18 | DIMENSIONAL FUND ADVISORS LP | 1.2M | $251.7M | +1.7% | 0.597% | 0.05% |
| 19 | Bank of New York Mellon Corp | 1.1M | $236.9M | +0.2% | 0.562% | 0.04% |
| 20 | UBS Group AG | 1.1M | $228.1M | -18.9% | 0.541% | 0.03% |
| 21 | UBS ASSET MANAGEMENT AMERICAS INC | 1.1M | $225.6M | -18.5% | 0.536% | 0.05% |
| 22 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.1M | $225.5M | -1.6% | 0.535% | 0.03% |
| 23 | FIRST TRUST ADVISORS LP | 1.1M | $225.3M | +315.4% | 0.535% | 0.16% |
| 24 | Legal & General Group Plc | 1.0M | $210.1M | +0.9% | 0.499% | 0.05% |
| 25 | ENVESTNET ASSET MANAGEMENT INC | 1.0M | $209.9M | -2.1% | 0.498% | 0.06% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in HSY — a direct measure of their conviction.
Filings activity in HSY during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,447 | +5.1% | 67.88% | +5.37 pp | $24.99B | +8.6% |
| Q4 2025 | 1,377 | +4.1% | 62.51% | 1.03 pp | $23.02B | 1.6% |
| Q3 2025 | 1,323 | +2.7% | 63.54% | +6.56 pp | $23.40B | +12% |
| Q2 2025 | 1,288 | 1.7% | 56.98% | +1.89 pp | $20.98B | +3.4% |
| Q1 2025 | 1,310 | +0.6% | 55.09% | 1.49 pp | $20.29B | 2.6% |
| Q4 2024 | 1,302 | 3.6% | 56.58% | 5.34 pp | $20.83B | 8.6% |
| Q3 2024 | 1,351 | +1.0% | 61.92% | 2.25 pp | $22.80B | 3.5% |
| Q2 2024 | 1,337 | — | 64.17% | — | $23.63B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying HSY stock.
Based on Q1 2026 13F filings, institutional ownership of The Hershey Company stands at 67.9%, held across 1,447 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of HSY, with approximately 12,780,486 shares worth $2.66B as of Q1 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of HSY, including TWO SIGMA INVESTMENTS, LP, SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for HSY is 72 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
215 institutions opened new positions in HSY during Q1 2026, while 145 fully exited. 1,042 added to existing positions and 186 trimmed.
HSY institutional ownership rose by 5.37 percentage points quarter-over-quarter, with a net change of +70 holders.
The top 10 institutions account for 48.4% of all reported 13F value in HSY, and the top 25 account for 65.9%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
The Hershey Company (HSY) Institutional Ownership