Holders over time
- HSY
- COST
| Quarter | HSY | COST |
|---|---|---|
| Q3 2020 | 18 holders, $1.6bn | 32 holders, $15.4bn |
| Q4 2020 | 16 holders, $1.8bn | 30 holders, $15.3bn |
| Q1 2021 | 17 holders, $1.7bn | 29 holders, $13.4bn |
| Q2 2021 | 15 holders, $1.9bn | 25 holders, $15.5bn |
| Q3 2021 | 16 holders, $1.9bn | 25 holders, $16.9bn |
| Q4 2021 | 18 holders, $2.2bn | 27 holders, $20.5bn |
| Q1 2022 | 20 holders, $2.4bn | 32 holders, $19.9bn |
| Q2 2022 | 20 holders, $2.8bn | 30 holders, $15.8bn |
| Q3 2022 | 23 holders, $3.0bn | 33 holders, $16.0bn |
| Q4 2022 | 19 holders, $2.8bn | 33 holders, $32.7bn |
| Q1 2023 | 26 holders, $3.4bn | 29 holders, $14.9bn |
| Q2 2023 | 26 holders, $3.3bn | 37 holders, $16.0bn |
| Q3 2023 | 20 holders, $2.4bn | 30 holders, $16.8bn |
| Q4 2023 | 22 holders, $2.0bn | 26 holders, $20.1bn |
| Q1 2024 | 14 holders, $1.5bn | 29 holders, $21.5bn |
| Q2 2024 | 12 holders, $1.0bn | 31 holders, $24.7bn |
| Q3 2024 | 8 holders, $269m | 28 holders, $24.7bn |
| Q4 2024 | 13 holders, $555m | 34 holders, $26.0bn |
| Q1 2025 | 9 holders, $424m | 35 holders, $28.2bn |
| Q2 2025 | 12 holders, $1.1bn | 36 holders, $29.4bn |
| Q3 2025 | 12 holders, $1.5bn | 35 holders, $26.7bn |
| Q4 2025 | 15 holders, $1.2bn | 40 holders, $34.6bn |
| Q1 2026 | 17 holders, $3.0bn | 40 holders, $36.1bn |
| Q2 2026 | 10 holders, $1.6bn | 38 holders, $35.5bn |
Hershey Co
- Holders
- 15
- Reported value
- $1.2bn
- Buyers
- 24
- Sellers
- 15
Breadth +9 among 92 comparable managers.
Costco Wholesale Corporation
- Holders
- 40
- Reported value
- $34.6bn
- Buyers
- 28
- Sellers
- 13
Breadth +15 among 92 comparable managers.
Who holds both, Q4 2025
Both (13)
Balyasny Asset Management LLC, Capital Research Global Investors, Hudson Bay Capital Management LP, Markel Group Inc, Marshall Wace LLP, Maverick Capital Ltd, MFS Investment Management, Neuberger Berman Group LLC, Quantbot Technologies LP, Squarepoint Ops LLC, Two Sigma Investments LP, Verition Fund Management LLC, Woodline Partners LP
Only HSY (2)
Only COST (27)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital World Investors, Caxton Associates LLP, Citadel Advisors LLC, D. E. Shaw & Co., Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Millennium Management LLC, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, Steadfast Capital Management LP, Susquehanna International Group LLP, T. Rowe Price Associates Inc, Two Sigma Advisers LP, Voloridge Investment Management LLC, Walleye Capital LLC, and 2 more
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. Buyers and sellers count comparable managers (those that filed both quarters) by shares, so a rise in value with no rise in shares is the price. Large books are listed to their largest positions. These are 95 tracked managers, not the institutional market.