Hershey Trust Co.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Hershey Trust Co. reported 6 stock positions worth $9.7 billion. Its top holding was Hershey Class B at 96.2% of the portfolio, followed by Hershey (HSY, 3.6%) and Nu Holdings Ltd./Cayman Isl-A (NU, 0.1%). Compared with Q4 2024, it opened 4 new positions, sold out of 3 and added to 1. The biggest buy was a new position in Hershey Class B and the biggest sale an exit from Hershey Co./the Class B (HSYFB).
- Most Recent 13F
- Q2 2026
- Location
- HERSHEY, PA
- CIK
- 0000908551
- Portfolio Value
- $9.7B (Q1 2025)
- SEC Filing
- 0000950142-25-001372 ↗ filed May 14, 2025
Holdings Value
Holdings 6 stocks · $9.7B
| HERSHEY COMPANY CLASS B | 96.24% | 54,612,012 | $9.3B | New |
| HSY The Hershey Co. | 3.64% | 2,066,397 | $353.4M | No change |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.06% | 529,064 | $5.4M | New |
| SNOW Snowflake Inc. | 0.05% | 32,336 | $4.7M | Add +315.1% |
| WRBY Warby Parker Inc. Class A | 0.01% | 63,994 | $1.2M | New |
| DASH DoorDash Inc. Class A | 0.00% | 403 | $74K | New |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| HERSHEY COMPANY CLASS B | New | 96.24% | +96.24 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 0.06% | +0.06 |
| SNOW Snowflake Inc. | Add +315.1% | 0.05% | +0.04 |
| WRBY Warby Parker Inc. Class A | New | 0.01% | +0.01 |
| DASH DoorDash Inc. Class A | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2 | $9.8B | HERSHEY COMPANY CLASS B, HSY |
| Q1 2026 | 3 | $11.8B | HERSHEY COMPANY CLASS B, HSY, IOT |
| Q4 2025 | 5 | $10.3B | HERSHEY COMPANY CLASS B, HSY, IOT, ABNB, ALEC |
| Q3 2025 | 8 | $10.6B | HERSHEY COMPANY CLASS B, HSY, IOT, PDD, ABNB |
| Q2 2025 | 6 | $9.4B | HERSHEY COMPANY CLASS B, HSY, IOT, ABNB, NU |
| Q1 2025 | 6 | $9.7B | HERSHEY COMPANY CLASS B, HSY, NU, SNOW, WRBY |
| Q4 2024 | 5 | $9.6B | HSYFB, HSY, SNOW, CART, HOOD |
| Q3 2024 | 2 | $10.9B | HSYFB, HSY |
| Q2 2024 | 3 | $10.4B | HSYFB, HSY, CFLT |
| Q1 2024 | 5 | $11.0B | HSYFB, HSY, PDD, CFLT, ABNB |