HERSHEY CO

Ticker: HSY CUSIP: 427866108 Class: COM

Arizona State Retirement System's Holding History (CIK: 0001558481)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 40,810 Value ($000) $7,427 Avg Close $182.10 Range $160.20 - $195.61

Q3 2025

Shares 44,131 Value ($000) $8,255 Avg Close $179.65 Range $157.64 - $195.98

Q2 2025

Shares 43,243 Value ($000) $7,176 Avg Close $161.62 Range $147.76 - $171.55

Q1 2025

Shares 42,691 Value ($000) $7,301 Avg Close $159.26 Range $135.68 - $188.86

Q4 2024

Shares 41,502 Value ($000) $7,028 Avg Close $172.88 Range $161.40 - $201.43

Q3 2024

Shares 42,325 Value ($000) $8,117 Avg Close $186.05 Range $173.28 - $197.64

Q2 2024

Shares 43,293 Value ($000) $7,959 Avg Close $183.90 Range $170.96 - $200.78

Q1 2024

Shares 43,012 Value ($000) $8,366 Avg Close $182.08 Range $171.64 - $197.25

Q4 2023

Shares 42,161 Value ($000) $7,860 Avg Close $177.67 Range $168.22 - $188.07

Q3 2023

Shares 41,689 Value ($000) $8,341 Avg Close $208.68 Range $186.34 - $234.08

Q2 2023

Shares 42,075 Value ($000) $10,506 Avg Close $243.41 Range $229.38 - $256.47

Q1 2023

Shares 40,128 Value ($000) $10,209 Avg Close $217.16 Range $196.48 - $236.25

Q4 2022

Shares 40,017 Value ($000) $9,267 Avg Close $212.11 Range $194.14 - $223.77

Q3 2022

Shares 39,684 Value ($000) $8,749 Avg Close $205.25 Range $195.64 - $215.32

Q2 2022

Shares 39,952 Value ($000) $8,596 Avg Close $198.68 Range $184.07 - $210.73

Q1 2022

Shares 39,895 Value ($000) $8,642 Avg Close $184.39 Range $172.95 - $198.80

Q4 2021

Shares 39,830 Value ($000) $7,706 Avg Close $163.59 Range $152.06 - $175.74

Q3 2021

Shares 40,821 Value ($000) $6,909 Avg Close $158.83 Range $151.23 - $163.85

Q2 2021

Shares 41,060 Value ($000) $7,152 Avg Close $150.65 Range $139.49 - $157.70

Q1 2021

Shares 41,574 Value ($000) $6,575 Avg Close $134.06 Range $128.16 - $144.34

Q4 2020

Shares 42,531 Value ($000) $6,479 Avg Close $130.99 Range $119.95 - $137.31

Q3 2020

Shares 44,827 Value ($000) $6,426 Avg Close $124.86 Range $110.57 - $134.39

Q2 2020

Shares 34,798 Value ($000) $4,511 Avg Close $117.69 Range $110.22 - $129.02

Q1 2020

Shares 78,360 Value ($000) $10,383 Avg Close $128.46 Range $95.94 - $141.23

Q4 2019

Shares 75,157 Value ($000) $11,047 Avg Close $128.44 Range $120.24 - $136.96

Q3 2019

Shares 67,584 Value ($000) $10,475 Avg Close $130.18 Range $114.84 - $140.21

Q2 2019

Shares 66,034 Value ($000) $8,851 Avg Close $108.95 Range $96.71 - $119.86

Q1 2019

Shares 55,088 Value ($000) $6,326 Avg Close $92.82 Range $85.67 - $98.33

Q4 2018

Shares 58,680 Value ($000) $6,289 Avg Close $90.02 Range $83.70 - $93.74

Q3 2018

Shares 80,812 Value ($000) $8,243 Avg Close $83.10 Range $75.87 - $90.13

Q2 2018

Shares 80,526 Value ($000) $7,494 Avg Close $77.82 Range $74.15 - $84.11

Q1 2018

Shares 84,324 Value ($000) $8,345 Avg Close $85.63 Range $79.23 - $94.75

Q4 2017

Shares 88,824 Value ($000) $10,082 Avg Close $90.64 Range $84.24 - $95.74

Q3 2017

Shares 108,252 Value ($000) $11,818 Avg Close $87.23 Range $84.75 - $90.95

Q2 2017

Shares 61,019 Value ($000) $6,552 Avg Close $89.83 Range $86.09 - $95.13

Q1 2017

Shares 52,489 Value ($000) $5,734 Avg Close $86.82 Range $82.06 - $89.26

Q4 2016

Shares 52,389 Value ($000) $5,419 Avg Close $79.47 Range $75.46 - $85.01

Q3 2016

Shares 82,589 Value ($000) $7,896 Avg Close $84.63 Range $75.80 - $91.46

Q2 2016

Shares 87,189 Value ($000) $9,895 Avg Close $74.40 Range $69.72 - $94.01

Q1 2016

Shares 91,289 Value ($000) $8,407 Avg Close $70.50 Range $64.94 - $74.38

Q4 2015

Shares 90,289 Value ($000) $8,060 Avg Close $70.38 Range $64.98 - $76.21

Q3 2015

Shares 75,889 Value ($000) $6,973 Avg Close $71.03 Range $64.48 - $73.88

Q4 2014

Shares 76,689 Value ($000) $7,970 Avg Close $74.66 Range $68.59 - $82.31

Q3 2014

Shares 76,789 Value ($000) $7,327 Avg Close $70.60 Range $66.83 - $74.33

Q2 2014

Shares 78,589 Value ($000) $7,652 Avg Close $74.38 Range $71.97 - $79.21

Q1 2014

Shares 78,289 Value ($000) $8,173 Avg Close $77.22 Range $71.70 - $82.25

Q4 2013

Shares 80,289 Value ($000) $7,806 Avg Close $72.20 Range $67.86 - $75.97

Q3 2013

Shares 84,389 Value ($000) $7,805 Avg Close $69.67 Range $66.17 - $73.07

Q2 2013

Shares 83,589 Value ($000) $7,462 Avg Close $65.69 Range $62.96 - $68.27

Q1 2013

Shares 92,647 Value ($000) $8,109 Avg Close $59.79 Range $53.55 - $65.02

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	40,810	$7,427	$182.10	$160.20 - $195.61
Q3 2025	44,131	$8,255	$179.65	$157.64 - $195.98
Q2 2025	43,243	$7,176	$161.62	$147.76 - $171.55
Q1 2025	42,691	$7,301	$159.26	$135.68 - $188.86
Q4 2024	41,502	$7,028	$172.88	$161.40 - $201.43
Q3 2024	42,325	$8,117	$186.05	$173.28 - $197.64
Q2 2024	43,293	$7,959	$183.90	$170.96 - $200.78
Q1 2024	43,012	$8,366	$182.08	$171.64 - $197.25
Q4 2023	42,161	$7,860	$177.67	$168.22 - $188.07
Q3 2023	41,689	$8,341	$208.68	$186.34 - $234.08
Q2 2023	42,075	$10,506	$243.41	$229.38 - $256.47
Q1 2023	40,128	$10,209	$217.16	$196.48 - $236.25
Q4 2022	40,017	$9,267	$212.11	$194.14 - $223.77
Q3 2022	39,684	$8,749	$205.25	$195.64 - $215.32
Q2 2022	39,952	$8,596	$198.68	$184.07 - $210.73
Q1 2022	39,895	$8,642	$184.39	$172.95 - $198.80
Q4 2021	39,830	$7,706	$163.59	$152.06 - $175.74
Q3 2021	40,821	$6,909	$158.83	$151.23 - $163.85
Q2 2021	41,060	$7,152	$150.65	$139.49 - $157.70
Q1 2021	41,574	$6,575	$134.06	$128.16 - $144.34
Q4 2020	42,531	$6,479	$130.99	$119.95 - $137.31
Q3 2020	44,827	$6,426	$124.86	$110.57 - $134.39
Q2 2020	34,798	$4,511	$117.69	$110.22 - $129.02
Q1 2020	78,360	$10,383	$128.46	$95.94 - $141.23
Q4 2019	75,157	$11,047	$128.44	$120.24 - $136.96
Q3 2019	67,584	$10,475	$130.18	$114.84 - $140.21
Q2 2019	66,034	$8,851	$108.95	$96.71 - $119.86
Q1 2019	55,088	$6,326	$92.82	$85.67 - $98.33
Q4 2018	58,680	$6,289	$90.02	$83.70 - $93.74
Q3 2018	80,812	$8,243	$83.10	$75.87 - $90.13
Q2 2018	80,526	$7,494	$77.82	$74.15 - $84.11
Q1 2018	84,324	$8,345	$85.63	$79.23 - $94.75
Q4 2017	88,824	$10,082	$90.64	$84.24 - $95.74
Q3 2017	108,252	$11,818	$87.23	$84.75 - $90.95
Q2 2017	61,019	$6,552	$89.83	$86.09 - $95.13
Q1 2017	52,489	$5,734	$86.82	$82.06 - $89.26
Q4 2016	52,389	$5,419	$79.47	$75.46 - $85.01
Q3 2016	82,589	$7,896	$84.63	$75.80 - $91.46
Q2 2016	87,189	$9,895	$74.40	$69.72 - $94.01
Q1 2016	91,289	$8,407	$70.50	$64.94 - $74.38
Q4 2015	90,289	$8,060	$70.38	$64.98 - $76.21
Q3 2015	75,889	$6,973	$71.03	$64.48 - $73.88
Q4 2014	76,689	$7,970	$74.66	$68.59 - $82.31
Q3 2014	76,789	$7,327	$70.60	$66.83 - $74.33
Q2 2014	78,589	$7,652	$74.38	$71.97 - $79.21
Q1 2014	78,289	$8,173	$77.22	$71.70 - $82.25
Q4 2013	80,289	$7,806	$72.20	$67.86 - $75.97
Q3 2013	84,389	$7,805	$69.67	$66.17 - $73.07
Q2 2013	83,589	$7,462	$65.69	$62.96 - $68.27
Q1 2013	92,647	$8,109	$59.79	$53.55 - $65.02