L3VLUP
← Every manager
Free · no sign-up · Q2 2026

Which funds own HSY

Hershey Co in the Q2 2026 filings. At least 3 of the 91 current managers on file reported a position, worth $488m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding
3
at least, of 91 current
Combined value
$488m
as reported
Opened
0
new this quarter
Added to
1
already held
Trimmed or sold out
1
0 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

ManagerValueWeightSharesChange on the quarterAction
Capital Research Global Investors
Long-only · $717bn book
$474m0.1%2,699,237-$22m+316,544Added
Markel Group Inc
Activist · $13.1bn book
$13m0.1%75,000-$2.4m0Held
Maverick Capital Ltd
Long/short equity · $11.3bn book
$1.2m0.0%6,924-$3.6m-16,393Trimmed

Ownership through time

At least 10 of the 95 managers whose filings are on file listed HSY in Q2 2026, against 11 in Q2 2013. 7 managers fewer than in Q1 2026: 1 listed it again; 8 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it
01326Q2 2013: 11Q3 2013: 10Q4 2013: 7Q1 2014: 1514Q2 2014: 15Q3 2014: 11Q4 2014: 11Q1 2015: 1215Q2 2015: 15Q3 2015: 15Q4 2015: 8Q1 2016: 1516Q2 2016: 13Q3 2016: 20Q4 2016: 19Q1 2017: 1617Q2 2017: 17Q3 2017: 14Q4 2017: 14Q1 2018: 1418Q2 2018: 17Q3 2018: 17Q4 2018: 15Q1 2019: 1119Q2 2019: 12Q3 2019: 14Q4 2019: 9Q1 2020: 1320Q2 2020: 20Q3 2020: 18Q4 2020: 16Q1 2021: 1721Q2 2021: 15Q3 2021: 16Q4 2021: 18Q1 2022: 2022Q2 2022: 20Q3 2022: 23Q4 2022: 19Q1 2023: 2623Q2 2023: 26Q3 2023: 20Q4 2023: 22Q1 2024: 1424Q2 2024: 12Q3 2024: 8Q4 2024: 13Q1 2025: 925Q2 2025: 12Q3 2025: 12Q4 2025: 15Q1 2026: 1726Q2 2026: 10
  • Q2 2013: 11
  • Q3 2013: 10
  • Q4 2013: 7
  • Q1 2014: 15
  • Q2 2014: 15
  • Q3 2014: 11
  • Q4 2014: 11
  • Q1 2015: 12
  • Q2 2015: 15
  • Q3 2015: 15
  • Q4 2015: 8
  • Q1 2016: 15
  • Q2 2016: 13
  • Q3 2016: 20
  • Q4 2016: 19
  • Q1 2017: 16
  • Q2 2017: 17
  • Q3 2017: 14
  • Q4 2017: 14
  • Q1 2018: 14
  • Q2 2018: 17
  • Q3 2018: 17
  • Q4 2018: 15
  • Q1 2019: 11
  • Q2 2019: 12
  • Q3 2019: 14
  • Q4 2019: 9
  • Q1 2020: 13
  • Q2 2020: 20
  • Q3 2020: 18
  • Q4 2020: 16
  • Q1 2021: 17
  • Q2 2021: 15
  • Q3 2021: 16
  • Q4 2021: 18
  • Q1 2022: 20
  • Q2 2022: 20
  • Q3 2022: 23
  • Q4 2022: 19
  • Q1 2023: 26
  • Q2 2023: 26
  • Q3 2023: 20
  • Q4 2023: 22
  • Q1 2024: 14
  • Q2 2024: 12
  • Q3 2024: 8
  • Q4 2024: 13
  • Q1 2025: 9
  • Q2 2025: 12
  • Q3 2025: 12
  • Q4 2025: 15
  • Q1 2026: 17
  • Q2 2026: 10
Their combined reported value
$0$2bn$3bnQ2 2013: $1.1bnQ3 2013: $1.2bnQ4 2013: $1.1bnQ1 2014: $1.5bn14Q2 2014: $1.3bnQ3 2014: $872mQ4 2014: $1.1bnQ1 2015: $955m15Q2 2015: $1.1bnQ3 2015: $1.2bnQ4 2015: $1.1bnQ1 2016: $1.4bn16Q2 2016: $1.7bnQ3 2016: $1.6bnQ4 2016: $2.0bnQ1 2017: $1.6bn17Q2 2017: $1.9bnQ3 2017: $2.0bnQ4 2017: $1.8bnQ1 2018: $1.9bn18Q2 2018: $1.9bnQ3 2018: $1.8bnQ4 2018: $1.6bnQ1 2019: $1.5bn19Q2 2019: $1.8bnQ3 2019: $2.0bnQ4 2019: $1.4bnQ1 2020: $1.4bn20Q2 2020: $1.5bnQ3 2020: $1.6bnQ4 2020: $1.8bnQ1 2021: $1.7bn21Q2 2021: $1.9bnQ3 2021: $1.9bnQ4 2021: $2.2bnQ1 2022: $2.4bn22Q2 2022: $2.8bnQ3 2022: $3.0bnQ4 2022: $2.8bnQ1 2023: $3.4bn23Q2 2023: $3.3bnQ3 2023: $2.4bnQ4 2023: $2.0bnQ1 2024: $1.5bn24Q2 2024: $1.0bnQ3 2024: $269mQ4 2024: $555mQ1 2025: $424m25Q2 2025: $1.1bnQ3 2025: $1.5bnQ4 2025: $1.2bnQ1 2026: $3.0bn26Q2 2026: $1.6bn
  • Q2 2013: $1.1bn
  • Q3 2013: $1.2bn
  • Q4 2013: $1.1bn
  • Q1 2014: $1.5bn
  • Q2 2014: $1.3bn
  • Q3 2014: $872m
  • Q4 2014: $1.1bn
  • Q1 2015: $955m
  • Q2 2015: $1.1bn
  • Q3 2015: $1.2bn
  • Q4 2015: $1.1bn
  • Q1 2016: $1.4bn
  • Q2 2016: $1.7bn
  • Q3 2016: $1.6bn
  • Q4 2016: $2.0bn
  • Q1 2017: $1.6bn
  • Q2 2017: $1.9bn
  • Q3 2017: $2.0bn
  • Q4 2017: $1.8bn
  • Q1 2018: $1.9bn
  • Q2 2018: $1.9bn
  • Q3 2018: $1.8bn
  • Q4 2018: $1.6bn
  • Q1 2019: $1.5bn
  • Q2 2019: $1.8bn
  • Q3 2019: $2.0bn
  • Q4 2019: $1.4bn
  • Q1 2020: $1.4bn
  • Q2 2020: $1.5bn
  • Q3 2020: $1.6bn
  • Q4 2020: $1.8bn
  • Q1 2021: $1.7bn
  • Q2 2021: $1.9bn
  • Q3 2021: $1.9bn
  • Q4 2021: $2.2bn
  • Q1 2022: $2.4bn
  • Q2 2022: $2.8bn
  • Q3 2022: $3.0bn
  • Q4 2022: $2.8bn
  • Q1 2023: $3.4bn
  • Q2 2023: $3.3bn
  • Q3 2023: $2.4bn
  • Q4 2023: $2.0bn
  • Q1 2024: $1.5bn
  • Q2 2024: $1.0bn
  • Q3 2024: $269m
  • Q4 2024: $555m
  • Q1 2025: $424m
  • Q2 2025: $1.1bn
  • Q3 2025: $1.5bn
  • Q4 2025: $1.2bn
  • Q1 2026: $3.0bn
  • Q2 2026: $1.6bn

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

No manager on file started a position.

Largest increases, by shares

Largest decreases, by shares

Left it

No manager on file is shown leaving it.

ManagerValue over timeFirst listedLargestQ2 2026
Capital World InvestorsQ2 2013$614m$614m
Capital Research Global InvestorsQ1 2025$495m$474m
Invesco LtdQ2 2013$473m$355m
Man Group PLCQ4 2018$78m$64m
Neuberger Berman Group LLCQ4 2025$64m$60m
Squarepoint Ops LLCQ1 2015$123m$37m
Voloridge Investment Management LLCQ2 2015$108m$18m
Markel Group IncQ4 2015$16m$13m
Winton Group LtdQ2 2014$76m$1.8m
Maverick Capital LtdQ1 2017$7.1m$1.2m
Renaissance Technologies LLCQ2 2013$790mlast listed Q2 2024
Fidelity (FMR LLC)Q2 2013$658mlast listed Q1 2026
Janus Henderson Group LtdQ2 2013$477mlast listed Q1 2025
Citadel Advisors LLCQ3 2016$469mlast listed Q3 2025
T. Rowe Price Associates IncQ3 2016$442mlast listed Q3 2023
Two Sigma Investments LPQ2 2013$411mlast listed Q1 2026
Wellington Management Group LLPQ1 2016$330mlast listed Q2 2023
AllianceBernstein LPQ2 2013$313mlast listed Q3 2019
Acadian Asset Management LLCQ3 2013$299mlast listed Q2 2024
Balyasny Asset Management LLCQ3 2015$233mlast listed Q1 2026

What HSY is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around HSY →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More

The holdings, every quarter, and the week between

One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.

One email a week, free, and you can leave at any point.