SEC 13F Intelligence

Managers / Q4 2022 · view latest →

HERSHEY TRUST CO

CIK 0000908551 · 1 EAST CHOCOLATE AVENUE, SUITE 400, HERSHEY, PA, 17033 · 7175201100

Reported Value
$13.5B
Q4 2022
Positions
7
Filings on Record
30
2019–present window
Filed
Feb 14, 2023
original filing

Summary

Hershey Trust Co reported $13.5B in U.S.-listed holdings across 7 positions for Q4 2022.

The portfolio is heavily concentrated: HSYFB alone accounts for 99.8% of reported value.

Compared with Q3 2022, the fund opened 1 new position and exited 9.

Portfolio Metrics

Turnover
+0.1%
vs prior filed quarter
Largest Position
+99.8%
Hershey Company
New / Exited
1 / 9
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $6.9BQ4 ’18Q1 ’19: $7.4BQ2 ’19: $8.2BQ3 ’19: $9.5BQ4 ’19: $9.0BQ4 ’19Q1 ’20: $8.1BQ2 ’20: $7.9BQ3 ’20: $8.7BQ4 ’20: $9.3BQ4 ’20Q1 ’21: $9.7BQ2 ’21: $10.7BQ3 ’21: $10.4BQ4 ’21: $11.9BQ4 ’21Q1 ’22: $13.1BQ2 ’22: $12.7BQ3 ’22: $12.8BQ4 ’22: $13.5BQ4 ’22Q1 ’23: $14.6BQ2 ’23: $14.2BQ3 ’23: $11.4BQ4 ’23: $10.6BQ4 ’23Q1 ’24: $11.0BQ2 ’24: $10.4BQ3 ’24: $10.9BQ4 ’24: $9.6BQ4 ’24Q1 ’25: $9.7BQ2 ’25: $9.4BQ3 ’25: $10.6BQ4 ’25: $10.3BQ4 ’25Q1 ’26: $11.8Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 99.9%Other: 0.1%ADR: 0.0%
  • Common Stock · 99.9% · $13.5B
  • Other · 0.1% · $20M
  • ADR · 0.0% · $114,709

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NU HOLDINGS LTDNEW+390.3K390.3K+$2M$2M
PDDADR PINDUODUO INC SPONSORED ADSOLD OUT−125.2K0−$8M$0
MFC ISHARES MSCI USASOLD OUT−19.0K0−$2M$0
UBERUBER TECHNOLOGIES INC COM USD0SOLD OUT−69.1K0−$2M$0
TDOCTELADOC HEALTH INCSOLD OUT−65.5K0−$2M$0
INARI MED INC COMSOLD OUT−8.6K0−$622,000$0
CHINOOK THERAPEUTICS INC COM USOLD OUT−7.4K0−$146,000$0
ADR DADA NEXUS LTD ADSSOLD OUT−29.1K0−$138,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2022

7 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1HSYFBHERSHEY COMPANY CLASS Bhistory →COM99.82%$13.5B58.11M
2MEITUAN DIANPING USD0.00001COM0.12%$17M745.4K
3ABNBAIRBNB INC CL A COM USD0.0001COM0.03%$5M53.2K
4NU HOLDINGS LTDCOM0.01%$2M390.3K
5CRISPR THERAPEUTICS AG COM CHFCOM0.01%$1M33.8K
6MSFTMICROSOFT CORPCOM0.00%$544,8712.3K
7DIDIYADR DIDI GLOBAL INC SPON ADSCOM0.00%$114,70936.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$11.8B3May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$10.3B5Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$10.6B8Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$9.4B6Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$9.7B6May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$9.6B5Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$10.9B2Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$10.4B3Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$11.0B5May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$10.6B3Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$11.4B7Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$14.2B7Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$14.6B6May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$13.5B7Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$12.8B15Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$12.7B34Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$13.1B32May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$11.9B41Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$10.4B30Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$10.7B37Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$9.7B35Apr 29, 202113F-HRchanges · EDGAR ↗
Q4 2020$9.3B32Jan 21, 202113F-HRchanges · EDGAR ↗
Q3 2020$8.7B21Oct 23, 202013F-HRchanges · EDGAR ↗
Q2 2020$7.9B18Jul 22, 202013F-HRchanges · EDGAR ↗
Q1 2020$8.1B28Apr 20, 202013F-HRchanges · EDGAR ↗
Q4 2019$9.0B25Jan 28, 202013F-HRchanges · EDGAR ↗
Q3 2019$9.5B21Oct 31, 201913F-HRchanges · EDGAR ↗
Q2 2019$8.2B20Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$7.4B20Apr 22, 201913F-HRchanges · EDGAR ↗
Q4 2018$6.9B19Jan 16, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.