$HSY

$168.23 -$1.41 (0.83%) Close

$HSY Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 218.7M shares outstanding

Who owns HSY?

By type of holder

Institutions 59.4% Insiders 0.3% Everyone else 40.2%

Concentration Top 10 holders own 28.1%

BlackRock, Inc. 6.0% · Vanguard Capital Management LLC 4.4%

Institutional ownership

59.4%

+2.5 pts vs last qtr

Institutional holders

1,409

-73 vs last qtr

Net shares bought

+5.4M

by institutions in Q2 2026

New / sold out

125 / 198

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

GQG Partners LLC NEW +2.8M
Morgan Stanley +1.7M

Biggest sellers in Q2 2026

Two Sigma Investments, LP −1.9M
First Trust Advisors LP −805.5K

Who is planning to sell?

Notices of proposed sale, last 12 months

$702M

28 notices from 7 people

Shares covered

3.5M

1.60% of the company

Arranged in advance

100%

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Hershey Trust Co Trustee In Trust For Milton Hershey School 10% stockholder 10b5-1 $680M
Buck Michele Former officer 10b5-1 $18M

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2009–FY2014

+98084.2%

+296.65% a year

Each share's claim on the business

−99.9%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$1.96B vs $202M

over 6 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years78% 3–5 years3% 1–3 years8% Under 1 year11%

Quarterly turnover

11.7%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting HSY on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
B BlackRock, Inc.	13.1M	6.00%	+350.8K (+2.7%)	≤2021	0.0%
Shares held by quarter Peak holding13.1M (Q2'26) Change over 8 quarters+871.6K Share of the company6.000% BlackRock, Inc.'s full portfolio →
VC Vanguard Capital Management LLC	9.7M	4.43%	+56.8K (+0.6%)	≤2021	0.0%
Shares held by quarter Peak holding9.7M (Q2'26) Change over 8 quarters+9.7M Share of the company4.430% Vanguard Capital Management LLC's full portfolio →

BlackRock, Inc.

13.1M

% of company

6.00%

Change vs last qtr

+350.8K (+2.7%)

Held since

≤2021

Vanguard Capital Management LLC

9.7M

% of company

4.43%

Change vs last qtr

+56.8K (+0.6%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding The Hershey Company, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting HSY on Form N-PORT; together they hold 25.6% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$826M	4.7M	2.15%	0.04%	June 30, 2026
IF Income Fund of America Income Fund of America	$700M	4.0M	1.83%	0.47%	July 31, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$826M

% of company

2.15%

% of the fund

0.04%

As of

June 30, 2026

Income Fund of America

Position value

$700M

% of company

1.83%

% of the fund

0.47%

As of

July 31, 2026

23 more funds behind a free account

See every fund holding The Hershey Company and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
BM Buck Michele Insider	193.6K	0.09%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.090% Buck Michele's insider activity →
TK Tanner Kirk Insider	60.2K	0.03%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.030% Tanner Kirk's insider activity →

Buck Michele

Insider

193.6K

% of company

0.09%

Change vs last qtr

—

Held since

—

Tanner Kirk

Insider

60.2K

% of company

0.03%

Change vs last qtr

—

Held since

—

31 more holders behind a free account

See every insider and 5%+ holder of The Hershey Company.

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