L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
37
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 10 listed it in both
Shares listed
11,586,854
combined, among listed positions
Reported value
$2.1bn
combined, at the quarter end

Among the 92 comparable managers: 24 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -339,086.

Managers listing HSY in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

37 of 37 holders

ActionFiling
Fidelity (FMR LLC)1,707,115$311munder 0.1%Added+555,23817 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors1,605,592$292m0.05%Trimmed-3611 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,332,020$242munder 0.1%Added+75,25819 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC1,278,881$233m0.30%Added+767,47817 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP1,057,476$192m0.18%Added+893,94013 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,029,731$187munder 0.1%Trimmed-1,478,90417 Feb 2026 (the filing on sec.gov)
MFS Investment Management705,533$128munder 0.1%Trimmed-31,00222 Jan 2026 (the filing on sec.gov)
Squarepoint Ops LLC676,349$123m0.13%Added+481,72713 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC307,361$56munder 0.1%Added+95,16027 Oct 2026 (the filing on sec.gov)
Holocene Advisors LP231,411$42m0.09%Trimmed-989,58117 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc215,612$39munder 0.1%Trimmed-43917 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC199,879$36munder 0.1%Added+3,17917 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP186,556$34munder 0.1%Added+163,53117 Feb 2026 (the filing on sec.gov)
Millennium Management LLC179,378$33munder 0.1%Trimmed-372,79317 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP166,426$30munder 0.1%Trimmed-33,47817 Feb 2026 (the filing on sec.gov)
Woodline Partners LP137,468$25m0.10%Added+117,89317 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP112,587$20munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP75,831$14munder 0.1%Added+40,85917 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC70,554$13m0.05%Added+20,22013 Feb 2026 (the filing on sec.gov)
Markel Group Inc67,500$12m0.10%Added+13,0006 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP48,817$8.9munder 0.1%Added+24,20013 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP42,516$7.7m0.06%Trimmed-129,63917 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP33,600$6.1munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Man Group PLC25,082$4.6munder 0.1%Trimmed-30,75117 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP21,277$3.9m0.13%Added+21,24110 Feb 2026 (the filing on sec.gov)
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Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
8 in Q3 2024 to 10 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
HSY by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201312$1.1bnn.a.n.a.
Q3 201310$1.2bnn.a.n.a.
Q4 20138$1.2bnn.a.n.a.
Q1 201415$1.5bnn.a.n.a.
Q2 201415$1.3bnn.a.n.a.
Q3 201412$921mn.a.n.a.
Q4 201412$1.3bnn.a.n.a.
Q1 201512$955mn.a.n.a.
Q2 201515$1.1bnn.a.n.a.
Q3 201515$1.2bnn.a.n.a.
Q4 20158$1.1bnn.a.n.a.
Q1 201615$1.4bnn.a.n.a.
Q2 201613$1.7bnn.a.n.a.
Q3 201620$1.6bnn.a.n.a.
Q4 201619$2.0bnn.a.n.a.
Q1 201716$1.6bnn.a.n.a.
Q2 201717$1.9bnn.a.n.a.
Q3 201714$2.0bnn.a.n.a.
Q4 201714$1.8bnn.a.n.a.
Q1 201814$1.9bnn.a.n.a.
Q2 201817$1.9bnn.a.n.a.
Q3 201817$1.8bnn.a.n.a.
Q4 201815$1.6bnn.a.n.a.
Q1 201911$1.5bnn.a.n.a.
Q2 201912$1.8bnn.a.n.a.
Q3 201914$2.0bnn.a.n.a.
Q4 20199$1.4bnn.a.n.a.
Q1 202013$1.4bnn.a.n.a.
Q2 202020$1.5bnn.a.n.a.
Q3 202018$1.6bnn.a.n.a.
Q4 202016$1.8bnn.a.n.a.
Q1 202117$1.7bnn.a.n.a.
Q2 202115$1.9bnn.a.n.a.
Q3 202116$1.9bnn.a.n.a.
Q4 202118$2.2bnn.a.n.a.
Q1 202220$2.4bnn.a.n.a.
Q2 202220$2.8bnn.a.n.a.
Q3 202223$3.0bnn.a.n.a.
Q4 202219$2.8bnn.a.n.a.
Q1 202326$3.4bnn.a.n.a.
Q2 202326$3.3bnn.a.n.a.
Q3 202320$2.4bnn.a.n.a.
Q4 202322$2.0bn158
Q1 202414$1.5bn611
Q2 202412$1.0bn85
Q3 20248$269m46
Q4 202413$555m84
Q1 20259$424m55
Q2 202512$1.1bn83
Q3 202512$1.5bn66
Q4 202515$1.2bn2415
Q1 202617$3.0bn2516
Q2 202610$1.6bn1620

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

HSY and PM →HSY and KO →HSY and COST →Choose a stock to compare with HSY →

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. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own HSY, latest filings →Back to the 13F Explorer →