Tower Bridge Advisors ownership in HSY / The Hershey Company

The Hershey Company

MX ˙ BMV ˙ US4278661081

Security	MX:HSY / The Hershey Company
Institution	Tower Bridge Advisors
Latest Disclosed Ownership	2,700 shares
Latest Disclosed Value	$ 561,303

On May 12, 2026 - Tower Bridge Advisors filed a 13F-HR form disclosing ownership of 2,700 shares of The Hershey Company (MX:HSY) valued at $561,303 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 2,700 shares of The Hershey Company. This represents a change in shares of 0.00% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)

File Date	Effective Date	Form	Security	Class	ID	Reported Shares	ΔShares	ΔShares (%)	Reported Value (x1000)	ΔValue (%)	Alloc (%)
2026-05-12	2026-03-31	13F	Hershey	Common	427866108	2,700	0	0.00	561	14.26	0.0394
2026-02-13	2025-12-31	13F	HERSHEY FOODS	COMMON	427866108	2,700	0	0.00	491	-2.77	0.0496
2025-11-12	2025-09-30	13F	HERSHEY FOODS	COMMON	427866108	2,700	0	0.00	505	12.72	0.0504
2025-08-11	2025-06-30	13F	HERSHEY FOODS	COMMON	427866108	2,700	0	0.00	448	-2.82	0.0482
2025-05-08	2025-03-31	13F	HERSHEY FOODS	COMMON	427866108	2,700	0	0.00	462	0.88	0.0516
2025-02-05	2024-12-31	13F	HERSHEY FOODS	COMMON	427866108	2,700	0	0.00	457	-11.61	0.0487
2024-11-06	2024-09-30	13F	HERSHEY FOODS	COMMON	427866108	2,700	0	0.00	518	4.23	0.0537
2024-07-24	2024-06-30	13F	HERSHEY FOODS	COMMON	427866108	2,700	0	0.00	496	-5.52	0.0552
2024-04-29	2024-03-31	13F	HERSHEY FOODS	COMMON	427866108	2,700	-5,300	-66.25	525	-64.79	0.0534
2024-02-14	2023-12-31	13F	HERSHEY FOODS	COMMON	427866108	8,000	0	0.00	1,492	-6.81	0.1283
2023-11-01	2023-09-30	13F	HERSHEY FOODS	COMMON	427866108	8,000	0	0.00	1,601	-19.88	0.1482
2023-07-20	2023-06-30	13F	HERSHEY	COM	427866108	8,000	0	0.00	1,998	-1.87	0.1831
2023-04-26	2023-03-31	13F	HERSHEY FOODS	COMMON	427866108	8,000	0	0.00	2,035	9.88	0.1667
2023-01-27	2022-12-31	13F	HERSHEY FOODS	COMMON	427866108	8,000	0	0.00	1,853	5.05	0.1539
2022-11-14	2022-09-30	13F	HERSHEY FOODS	COMMON	427866108	8,000	0	0.00	1,764	2.44	0.1567
2022-07-21	2022-06-30	13F	HERSHEY FOODS	COMMON	427866108	8,000	0	0.00	1,721	-0.69	0.1404
2022-05-05	2022-03-31	13F	HERSHEY FOODS	COMMON	427866108	8,000	0	0.00	1,733	12.02	0.1158
2022-02-09	2021-12-31	13F	HERSHEY FOODS	COMMON	427866108	8,000	0	0.00	1,548	14.25	0.0950
2021-10-28	2021-09-30	13F	HERSHEY FOODS	COMMON	427866108	8,000	0	0.00	1,354	-2.80	0.0903
2021-08-10	2021-06-30	13F	HERSHEY FOODS	COMMON	427866108	8,000	0	0.00	1,393	10.12	0.0929
2021-08-10	2021-06-30	13F	GENERAL ELECTRIC	COMMON	369604103	172,922	-6,800		2,328		0.1551
2021-05-12	2021-03-31	13F	HERSHEY FOODS	COMMON	427866108	8,000	0	0.00	1,265	3.86	0.0953
2021-05-12	2021-03-31	13F	GENERAL ELECTRIC	COMMON	369604103	179,722	-270		2,360		0.1777
2021-02-11	2020-12-31	13F	HERSHEY FOODS	COMMON	427866108	8,000	2,700	50.94	1,219	60.47	0.0993
2021-02-11	2020-12-31	13F	GENERAL ELECTRIC	COMMON	369604103	179,992	-4,004		1,944		0.1583
2020-11-13	2020-09-30	13F	HERSHEY FOODS	COMMON	427866108	5,300	0	0.00	760	10.64	0.0776
2020-11-13	2020-09-30	13F	GENERAL ELECTRIC	COMMON	369604103	183,996	-3,390		1,146		0.1171
2020-07-22	2020-06-30	13F	HERSHEY FOODS	COMMON	427866108	5,300	0	0.00	687	-2.28	0.0770
2020-07-22	2020-06-30	13F	GENERAL ELECTRIC	COMMON	369604103	187,386	-11,000		1,280		0.1435
2020-04-27	2020-03-31	13F	HERSHEY FOODS	COMMON	427866108	5,300	0	0.00	702	-9.77	0.0922
2020-04-27	2020-03-31	13F	GENERAL ELECTRIC	COMMON	369604103	198,386	11,400		1,575		0.2068
2020-02-05	2019-12-31	13F	HERSHEY FOODS	COMMON	427866108	5,300	0	0.00	779	4.15	0.0823
2020-02-05	2019-12-31	13F	GENERAL ELECTRIC	COMMON	369604103	186,986	-32,991		2,087		0.2204
2019-11-12	2019-09-30	13F	HERSHEY FOODS	COMMON	427866108	5,300	-4,300	-44.79	747	-41.91	0.0818
2019-11-12	2019-09-30	13F	GENERAL ELECTRIC	COMMON	369604103	219,977	-47,332		2,534		0.2775
2019-08-06	2019-06-30	13F	HERSHEY FOODS	COMMON	427866108	9,600	0	0.00	1,287	16.70	0.1439
2019-08-06	2019-06-30	13F	GENERAL ELECTRIC	COMMON	369604103	267,309	-11,665		2,807		0.3140
2019-04-30	2019-03-31	13F	HERSHEY FOODS	COMMON	427866108	9,600	0	0.00	1,102	7.20	0.1280
2019-04-30	2019-03-31	13F	GENERAL ELECTRIC	COMMON	369604103	278,974	-11,325		2,787		0.3235
2019-02-07	2018-12-31	13F	HERSHEY FOODS	COMMON	427866108	9,600	0	0.00	1,029	5.01	0.1326
2019-02-07	2018-12-31	13F	GENERAL ELECTRIC	COMMON	369604103	290,299	-41,046		2,198		0.2831
2018-10-23	2018-09-30	13F	HERSHEY FOODS	COMMON	427866108	9,600	-742	-7.17	979	1.77	0.1023
2018-10-23	2018-09-30	13F	GENERAL ELECTRIC	COMMON	369604103	331,345	-23,610		3,741		0.3908
2018-08-09	2018-06-30	13F	HERSHEY FOODS	COMMON	427866108	10,342	-1,100	-9.61	962	-15.02	0.1073
2018-08-09	2018-06-30	13F	GENERAL ELECTRIC	COMMON	369604103	354,955	-22,187		4,831		0.5387
2018-05-02	2018-03-31	13F	HERSHEY FOODS	COMMON	427866108	11,442	0	0.00	1,132	-12.79	0.1256
2018-05-02	2018-03-31	13F	GENERAL ELECTRIC	COMMON	369604103	377,142	-88,819		5,084		0.5637
2018-01-30	2017-12-31	13F	HERSHEY FOODS	COMMON	427866108	11,442	0	0.00	1,299	3.92	0.1393
2018-01-30	2017-12-31	13F	GENERAL ELECTRIC	COMMON	369604103	465,961	-138,032		8,131		0.8721
2017-11-06	2017-09-30	13F	HERSHEY FOODS	COMMON	427866108	11,442	0	0.00	1,249	1.71	0.1420
2017-11-06	2017-09-30	13F	GENERAL ELECTRIC	COMMON	369604103	603,993	-580		14,605		1.6597
2017-07-26	2017-06-30	13F	HERSHEY FOODS	COMMON	427866108	11,442	0	0.00	1,229	-1.76	0.1408
2017-07-26	2017-06-30	13F	GENERAL ELECTRIC	COMMON	369604103	604,573	-29,785		16,330		1.8721
2017-05-02	2017-03-31	13F	HERSHEY FOODS	COMMON	427866108	11,442	0	0.00	1,250	5.66	0.1460
2017-05-02	2017-03-31	13F	GENERAL ELECTRIC	COMMON	369604103	634,358	21,359		18,904		2.2072
2017-01-31	2016-12-31	13F	HERSHEY FOODS	COMMON	427866108	11,442	0	0.00	1,183	8.23	0.1434
2017-01-31	2016-12-31	13F	GENERAL ELECTRIC	COMMON	369604103	612,999	36,673		19,371		2.3478
2016-10-27	2016-09-30	13F	HERSHEY FOODS	COMMON	427866108	11,442	0	0.00	1,094	-15.79	0.1332
2016-10-27	2016-09-30	13F	GENERAL ELECTRIC	COMMON	369604103	576,326	6,853		17,071		2.0785
2016-08-12	2016-06-30	13F	HERSHEY FOODS	COMMON	427866108	11,442	0	0.00	1,299	23.27	0.1618
2016-08-12	2016-06-30	13F	GENERAL ELECTRIC	COMMON	369604103	569,473	-5,500		17,927		2.2333
2016-05-12	2016-03-31	13F	HERSHEY FOODS	COMMON	427866108	11,442	-85	-0.74	1,054	2.33	0.1316
2016-05-12	2016-03-31	13F	GENERAL ELECTRIC	COMMON	369604103	574,973	1,189		18,278		2.2829
2016-02-02	2015-12-31	13F	HERSHEY FOODS	COMMON	427866108	11,527	0	0.00	1,029	-2.83	0.1341
2016-02-02	2015-12-31	13F	GENERAL ELECTRIC	COMMON	369604103	573,784	-7,130		17,873		2.3284
2015-11-13	2015-09-30	13F/A-1	HERSHEY FOODS	COMMON	427866108	11,527	0	0.00	1,059	3.52	0.1457
2015-11-13	2015-09-30	13F/A-1	GENERAL ELECTRIC	COMMON	369604103	580,914	-7,171		14,651		2.0161
2015-11-12	2015-09-30	13F	HERSHEY FOODS	COMMON	427866108	11,527			1,024
2015-11-12	2015-09-30	13F	GENERAL ELECTRIC	COMMON	369604103	588,085			15,625
2015-08-13	2015-06-30	13F	HERSHEY FOODS	COMMON	427866108	11,527	0	0.00	1,024	-12.04	0.1295
2015-08-13	2015-06-30	13F	GENERAL ELECTRIC	COMMON	369604103	588,085	2,424		15,625		1.9765
2015-05-14	2015-03-31	13F	HERSHEY FOODS	COMMON	427866108	11,527	0	0.00	1,163	-2.92	0.1474
2015-05-14	2015-03-31	13F	GENERAL ELECTRIC	COMMON	369604103	585,661	23,056		14,530		1.8407
2015-02-19	2014-12-31	13F	HERSHEY FOODS	COMMON	427866108	11,527	0	0.00	1,198	8.91	0.1473
2015-02-19	2014-12-31	13F	GENERAL ELECTRIC	COMMON	369604103	562,605	-10,043		14,217		1.7480
2014-11-12	2014-09-30	13F	HERSHEY FOODS	COMMON	427866108	11,527	0	0.00	1,100	-1.96	0.1388
2014-11-12	2014-09-30	13F	GENERAL ELECTRIC	COMMON	369604103	572,648	5,385		14,671		1.8506
2014-08-26	2014-06-30	13F	HERSHEY FOODS	COMMON	427866108	11,527	0	0.00	1,122	-6.73	0.1384
2014-08-26	2014-06-30	13F	GENERAL ELECTRIC	COMMON	369604103	567,263	-5,016		14,908		1.8384
2014-05-08	2014-03-31	13F	HERSHEY FOODS	COMMON	427866108	11,527	0	0.00	1,203	7.41	0.1546
2014-05-08	2014-03-31	13F	GENERAL ELECTRIC	COMMON	369604103	572,279	10,825		14,816		1.9038
2014-02-10	2013-12-31	13F	HERSHEY FOODS	COMMON	427866108	11,527	0	0.00	1,121	5.07	0.1471
2014-02-10	2013-12-31	13F	GENERAL ELECTRIC	COMMON	369604103	561,454	4,976		15,738		2.0659
2013-11-05	2013-09-30	13F	HERSHEY FOODS	COMMON	427866108	11,527	142	1.25	1,066	4.92	0.1530
2013-11-05	2013-09-30	13F	GENERAL ELECTRIC	COMMON	369604103	556,478	-469		13,294		1.9070
2013-07-24	2013-06-30	13F	HERSHEY FOODS	COMMON	427866108	11,385	11,385		1,016		0.1507
2013-07-24	2013-06-30	13F	GENERAL ELECTRIC	COMMON	369604103	556,947	556,947		12,916		1.9144

Legend

Shares: The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value: The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price: The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class: This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred

Allocation (%): The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation: The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%): The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis: The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss: This is the market value of the position as of the effective date minus the cost basis.