Vanguard Capital Management Reports 7.51% Passive Stake in The Hershey Company (HSY)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a significant new ownership position in The Hershey Company (HSY). As of the event date on March 31, 2026, the firm beneficially owns 11,134,087 shares of Hershey's common stock, representing a 7.51% ownership stake. This filing marks an increase from a previously reported 0% position. Vanguard Capital Management reported sole dispositive power over all 11,134,087 shares, while holding sole voting power over 1,507,396 shares. The filing includes holdings managed by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. No other single person's interest in these securities exceeds 5%. The total value of the position is estimated at approximately $2.03 billion based on the filing data.