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Korea Investment CORP Boosts Hershey Stake by 27%
The fund now owns 43,482 shares of the chocolate maker's stock worth $8.13 million.
Mar. 13, 2026 at 9:10am
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According to a recent SEC filing, Korea Investment CORP increased its position in Hershey Company (The) by 27.0% in the 3rd quarter. The fund now owns 43,482 shares of the company's stock worth $8,133,000.
Why it matters
This investment by Korea Investment CORP, a major institutional investor, signals continued confidence in Hershey's business performance and growth potential. As a leading North American chocolatier and snack manufacturer, Hershey's financial results and stock price are closely watched by the investment community.
The details
Korea Investment CORP purchased an additional 9,235 shares of Hershey stock during the 3rd quarter, bringing its total position to 43,482 shares. This represents a 27.0% increase in the fund's Hershey holdings compared to the prior quarter. Hershey's stock has seen strong performance, rising over 15% in the past year as the company navigates supply chain challenges and consumer trends.
- The 27.0% increase in Korea Investment CORP's Hershey position occurred in the 3rd quarter of the most recent fiscal year.
- The SEC filing disclosing this transaction was made on March 13, 2026.
The players
Korea Investment CORP
A major South Korean sovereign wealth fund that manages over $200 billion in assets globally.
Hershey Company (The)
A leading North American chocolatier and snack manufacturer headquartered in Hershey, Pennsylvania.
The takeaway
Korea Investment CORP's increased stake in Hershey signals continued institutional confidence in the chocolate maker's ability to navigate industry challenges and capitalize on consumer trends. As a major shareholder, Korea Investment CORP's investment decisions are closely watched by the broader market.
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