Letters by company

Hershey CO

2 letters discussing HSY. Everything written about it on this site is on its ticker page.

Frank Capital Partners Frank Value Fund Q2 2026 Letter to Shareholders Frank Value Fund retained a large consumer-staples allocation and added healthcare companies and defense contractors, arguing that low valuations support buybacks and earnings growth. The fund warns that S&P 500 concentration in the AI Big 10 resembles prior market peaks, while Hershey and Post Holdings offer predictable free cash flow at depressed valuations. Q2 2026 HSY $33BPOST $3.3B
Upslope Capital Management 2026-Q2 Update Upslope kept long-portfolio turnover low as investors favored AI-linked momentum over defensive cash-flow businesses, while exiting Intel and Hershey after their theses played out and trimming Jack Henry to reduce AI-risk exposure. The fund added Magnum Ice Cream, citing its dominant brands, standalone margin potential, defensive market position and discounted valuation versus Froneri. Q2 2026 MICC $11B