Hershey Trust Co.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Hershey Trust Co. reported 6 stock positions worth $9.4 billion. Its top holding was Hershey Class B at 96.3% of the portfolio, followed by Hershey (HSY, 3.6%) and Samsara Class A (IOT, 0.0%). Compared with Q1 2025, it opened 3 new positions, sold out of 3 and reduced 1. The biggest buy was a new position in Samsara Class A (IOT) and the biggest sale Nu Holdings Ltd./Cayman Isl-A (NU, shares −95%).

Most Recent 13F
Q2 2026
Location
HERSHEY, PA
CIK
0000908551
Portfolio Value
$9.4B (Q2 2025)
SEC Filing
0000950142-25-002146 ↗ filed Aug 13, 2025

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $11.0B Q1 2024 Q2 2024: $10.4B Q2 2024 Q3 2024: $10.9B Q3 2024 Q4 2024: $9.6B Q4 2024 Q1 2025: $9.7B Q1 2025 Q2 2025: $9.4B $9.4B Q2 2025 Q3 2025: $10.6B Q3 2025 Q4 2025: $10.3B Q4 2025 Q1 2026: $11.8B Q1 2026 Q2 2026: $9.8B Q2 2026

Holdings 6 stocks · $9.4B

HERSHEY COMPANY CLASS B 96.33% 54,612,012 $9.1B No change
HSY The Hershey Co. 3.64% 2,066,397 $342.9M No change
IOT Samsara Inc. Class A 0.01% 28,067 $1.1M New
ABNB Airbnb Inc. Class A 0.01% 7,259 $961K New
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.00% 29,046 $399K Reduce -94.5%
PONY Pony AI Inc. 0.00% 20,948 $277K New

Portfolio Sells Q1 2025 → Q2 2025

NU Nu Holdings Ltd./Cayman Isl-A Reduce -94.5% 0.00% −0.05
SNOW Snowflake Inc. Sold out 0.00% −0.05
WRBY Warby Parker Inc. Class A Sold out 0.00% −0.01
DASH DoorDash Inc. Class A Sold out 0.00% −0.00

Portfolio Buys Q1 2025 → Q2 2025

IOT Samsara Inc. Class A New 0.01% +0.01
ABNB Airbnb Inc. Class A New 0.01% +0.01
PONY Pony AI Inc. New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$9.8BHERSHEY COMPANY CLASS B, HSY
Q1 2026 3$11.8BHERSHEY COMPANY CLASS B, HSY, IOT
Q4 2025 5$10.3BHERSHEY COMPANY CLASS B, HSY, IOT, ABNB, ALEC
Q3 2025 8$10.6BHERSHEY COMPANY CLASS B, HSY, IOT, PDD, ABNB
Q2 2025 6$9.4BHERSHEY COMPANY CLASS B, HSY, IOT, ABNB, NU
Q1 2025 6$9.7BHERSHEY COMPANY CLASS B, HSY, NU, SNOW, WRBY
Q4 2024 5$9.6BHSYFB, HSY, SNOW, CART, HOOD
Q3 2024 2$10.9BHSYFB, HSY
Q2 2024 3$10.4BHSYFB, HSY, CFLT
Q1 2024 5$11.0BHSYFB, HSY, PDD, CFLT, ABNB