Hershey Trust Co 13F annual report
Hershey Trust Co is an investment fund managing more than $10.4 trillion ran by Terry Davis. There are currently 3 companies in Mr. Davis’s portfolio. The largest investments include Hershey and Hershey, together worth $10.4 trillion.
$10.4 trillion Assets Under Management (AUM)
As of 5th August 2024, Hershey Trust Co’s top holding is 54,612,012 shares of Hershey currently worth over $10 trillion and making up 96.3% of the portfolio value.
Relative to the number of outstanding shares of Hershey, Hershey Trust Co owns less than 0.3% of the company.
In addition, the fund holds 2,066,119 shares of Hershey worth $380 billion, whose value grew 4.0% in the past six months.
The third-largest holding is Confluent Inc worth $813 million.
Currently, Hershey Trust Co's portfolio is worth at least $10.4 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Hershey Trust Co
The Hershey Trust Co office and employees reside in Hershey, Pennsylvania. According to the last 13-F report filed with the SEC, Terry Davis serves as the Vice President, Finance at Hershey Trust Co.
Recent trades
There are companies that Hershey Trust Co is getting rid of from its portfolio.
Hershey Trust Co closed its position in PDD Inc on 12th August 2024.
It sold the previously owned 13,541 shares for $1.57 billion.
One of the largest hedge funds
The two most similar investment funds to Hershey Trust Co are Cooke & Bieler L.P. and Tredje Ap-fonden. They manage $10.4 trillion and $10.4 trillion respectively.
Terry Davis investment strategy
Hershey Trust Co’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Consumer Staples — making up 100.0% of
the total portfolio value.
The fund focuses on investments in the United States as
66.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
67% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $48.2 billion.
The complete list of Hershey Trust Co trades based on 13F SEC filings
These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Hershey Company |
No change
54,612,012
|
$10,039,326,166,000 | 96.35% |
| Hershey Company |
No change
2,066,119
|
$379,814,656,000 | 3.65% |
| PDD Holdings Inc |
Closed
13,541
|
$1,574,141,000 | |
| Airbnb, Inc. |
Closed
4,978
|
$821,171,000 | |
| Confluent Inc |
No change
27,515
|
$812,518,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 5 holdings | |||
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