Hershey Financial Advisers, LLC

Registered adviser

CIK

2034214

Location

LANCASTER, PA

Portfolio Value

Small $139,238,755

Diversification

Diversified

Filing Date

Global Rank

#7,650 / 8,819 ▲ 453

Top Industry

Semiconductors 36.3%

Period ended 4 months ago

Filed Aug 11, 2026 · 3mo

7 quarters · since Jun 2024

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 149907

Roster of Oct 1, 2026

Regulatory AUM

$151,711,016

Main clients

Individuals and high net worth (99% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$151,711,016	Individuals and high net worth (99%)
Apr 2025 to Mar 2026	$139,268,500	Individuals and high net worth (100%)
Apr 2024 to Mar 2025	$123,044,352	Individuals and high net worth (100%)
Jul 2023 to Mar 2024	$107,909,674	Individuals and high net worth (99%)

Stated strategy

Multi-asset, Income, Fixed income / rates, Quantitative / systematic, Wealth management / planning Form ADV Part 2A, Mar 31, 2026 · original

In the firm's words

Multi-asset: investing among several asset classes
Income: A conservative income portfolio usually seeks to generate income as its primary objective
Fixed income / rates: including fixed income and/or cash equivalents
Quantitative / systematic: Asset allocation and security selection decisions are then made with the aid of computer models
Wealth management / planning: HFA will aid clients in the selection of the appropriate TPIA.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 57.7%, 20.0 effective positions, active share 85.8% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

197.3% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 3.8 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 85.8%; sector active share 62.3% against the combined 13F book's sector weights.

Over time 7 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

85 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

11.8%

−11.2 pts

Top 5

38.8%

−7.3 pts

Top 10

57.7%

−6.2 pts

HHI

501

Diversified−289

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	75.2%	$104,687,828	70
Technology	22.2%	$30,979,121	11
Industrials	1.6%	$2,232,677	2
Financial Services	0.8%	$1,135,787	1
Communication Services	0.1%	$203,342	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
JPST	JPMorgan Ultra-Short Income ETF	+76,803	81,730	$4,133,086
SCHG	Schwab U.S. Large-Cap Growth ETF	+41,922	55,133	$1,865,700
ILCG	iShares Morningstar Growth ETF	+16,128	27,023	$3,162,231
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+14,024	15,599	$1,864,392
PWB	Victory Portfolios II	+7,335	11,055	$1,862,325
IUSB	iShares Core Universal USD Bond ETF	+5,761	35,438	$1,635,463
VUG	VANGUARD GROWTH INDEX FUND	+3,945	8,042	$692,736
FVD	First Trust Value Line Dividend Index Fund	+3,124	8,242	$397,099
IAGG	iShares Core International Aggregate Bond ETF	+2,880	18,225	$922,185
SPMO	Invesco Ltd.	+2,847	7,031	$1,135,787
MU	Micron Technology Inc	+2,407	3,415	$3,941,899
DELL	Dell Technologies Inc.	+2,313	15,548	$6,708,339
CWB	State Street(R) SPDR(R) Bloomberg Convertible Securities ETF	+2,283	53,167	$5,732,464
AOM	iShares Core 40/60 Moderate Allocation ETF	+2,069	81,878	$4,084,893
FTCS	First Trust Capital Strength ETF	+1,992	14,497	$1,361,558
VOX	VANGUARD COMMUNICATION SERVICES INDEX FUND	+1,800	8,138	$1,496,984
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	+1,367	7,466	$377,629
GBIL	Goldman Sachs ETF Trust	+1,022	39,746	$3,980,959
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	+893	14,405	$725,867
WDC	Western Digital Corp	+452	6,245	$3,988,805
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	+329	4,598	$238,084
AMAT	Applied Materials Inc	+241	7,064	$5,107,272
VOO	VANGUARD 500 INDEX FUND	+197	2,710	$1,861,254
—		+140	1,946	$479,124
XMMO	Victory Portfolios II	+49	3,264	$555,336
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
—		−17,170	44,456	$4,073,947
JMOM	JPMorgan U.S. Momentum Factor ETF	−8,442	23,514	$2,009,506
FLRN	State Street(R) SPDR(R) Bloomberg Investment Grade Floating Rate ETF	−5,858	10,585	$326,547
SPHQ	Invesco S&P 500 Quality ETF	−4,561	23,744	$2,139,334
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	−3,979	11,528	$579,050
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	−3,020	5,576	$324,523
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	−2,234	4,188	$330,977
—		−1,810	22,747	$2,260,596
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	−1,717	16,349	$1,273,749
VDE	VANGUARD ENERGY INDEX FUND	−1,480	10,707	$1,607,441
BLV	VANGUARD LONG-TERM BOND INDEX FUND	−1,260	12,864	$886,714
BIV	Vanguard Bond Index Funds	−1,208	11,434	$876,987
VNQ	VANGUARD REAL ESTATE INDEX FUND	−1,151	15,526	$1,497,171
MINO	PIMCO Municipal Income Opportunities Active Exchange-Traded Fund	−1,023	9,060	$414,585
MUNI	PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund	−998	10,083	$530,365
VPU	VANGUARD UTILITIES INDEX FUND	−811	7,895	$1,545,287
VFH	VANGUARD FINANCIALS INDEX FUND	−791	7,723	$1,016,346
USMV	iShares MSCI USA Min Vol Factor ETF	−704	11,920	$1,149,803
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	−702	8,968	$658,340
VAW	VANGUARD MATERIALS INDEX FUND	−672	6,865	$1,570,643
VIS	VANGUARD INDUSTRIALS INDEX FUND	−659	4,820	$1,737,030
VDC	VANGUARD CONSUMER STAPLES INDEX FUND	−553	6,354	$1,432,762
DGCB	Dimensional Global Credit ETF	−445	9,403	$514,062
VHT	VANGUARD HEALTH CARE INDEX FUND	−439	5,500	$1,644,554
FEX	First Trust Large Cap Core AlphaDEX Fund	−415	12,816	$1,792,573
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
MINT	PIMCO Enhanced Short Maturity Active Exchange-Traded Fund	54,823	$5,526,706
VNLA	Janus Henderson Short Duration Income ETF	85,288	$4,167,598
—		96,363	$3,997,136
AMD	Advanced Micro Devices Inc	5,602	$3,254,257
INTC	Intel Corp	21,859	$3,052,171
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	21,049	$2,504,620
CRWD	CrowdStrike Holdings, Inc.	3,151	$2,404,653
VONG	VANGUARD RUSSELL 1000 GROWTH INDEX FUND	17,405	$2,224,532
LRGF	iShares U.S. Equity Factor ETF	24,760	$1,872,598
ON	On Semiconductor Corp	18,076	$1,708,904
—		10,571	$1,631,105
MGK	VANGUARD MEGA CAP GROWTH INDEX FUND	17,132	$1,506,074
QUAL	iShares MSCI USA Quality Factor ETF	6,135	$1,346,203
FIX	Comfort Systems USA Inc	604	$1,197,097
JBHT	Hunt J B Transport Services Inc	3,578	$1,035,580
FPX	First Trust US Equity Opportunities ETF	3,382	$697,300
QQQ	Invesco Qqq Trust, Series 1	946	$696,634
IWF	iShares Russell 1000 Growth ETF	4,851	$602,348
ONEQ	Fidelity Nasdaq Composite Index ETF	5,172	$533,853
SCHM	Schwab U.S. Mid-Cap ETF	13,219	$487,384
SPGP	Victory Portfolios II	3,631	$444,034
VIG	Vanguard Specialized Funds	1,333	$315,414
RDVY	First Trust Rising Dividend Achievers ETF	3,415	$276,819
TDIV	First Trust NASDAQ Technology Dividend Index Fund	2,242	$257,560
AAPL	Apple Inc.	778	$225,121
No positions match the current search.

Sold Out

Positions the filer fully exited

22 positions

Ticker	Company	Shares	Value
ICVT	iShares Convertible Bond ETF	63,082	$6,421,116
ANGL	VanEck Fallen Angel High Yield Bond ETF	142,113	$4,081,485
STIP	iShares 0-5 Year TIPS Bond ETF	37,673	$3,896,518
TFLO	iShares Treasury Floating Rate Bond ETF	74,870	$3,790,668
FDL	First Trust Morningstar Dividend Leaders Index Fund	56,470	$2,868,676
ALB	Albemarle Corp	12,058	$2,164,772
ALGN	Align Technology Inc	10,655	$1,826,586
APA	APA Corp	42,287	$1,794,660
GEV	GE Vernova Inc.	1,974	$1,723,104
QQEW	First Trust Nasdaq-100 Select Equal Weight ETF	12,697	$1,612,138
GLW	Corning Inc	11,101	$1,509,402
JPUS	JPMorgan Diversified Return U.S. Equity ETF	10,367	$1,349,887
RTX	RTX Corp	6,342	$1,223,371
FDLO	Fidelity Low Volatility Factor ETF	18,727	$1,209,576
FDX	Fedex Corp	3,355	$1,194,983
DHS	WisdomTree U.S. High Dividend Fund	10,197	$1,113,716
FCVT	First Trust SSI Strategic Convertible Securities ETF	24,336	$1,075,115
HGER	Harbor Commodity All-Weather Strategy ETF	27,719	$859,566
MTUM	iShares MSCI USA Momentum Factor ETF	2,225	$533,977
—		2,016	$501,661
MSFT	Microsoft Corp	736	$272,444
EDV	Vanguard World Fund	4,084	$265,255
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

85 tracked positions · $139,238,755 total · filing declares 137 positions · $139,239,831 · as of Jun 30, 2026

All sectors Communication Services Financial Services Industrials Technology

Showing 1–50 of 85 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
DELL	Dell Technologies Inc. Technology	Added	15,548	+2,313	$6,708,339	+208.8%	2	$156.44	4.82%
CWB	State Street(R) SPDR(R) Bloomberg Convertible Securities ETF	Added	53,167	+2,283	$5,732,464	+23.1%	3	$91.93	4.12%
MINT	PIMCO Enhanced Short Maturity Active Exchange-Traded Fund	NEW	54,823	NEW	$5,526,706	NEW	1	$100.56	3.97%
AMAT	Applied Materials Inc Technology	Added	7,064	+241	$5,107,272	+119.0%	4	$198.60	3.67%
VNLA	Janus Henderson Short Duration Income ETF	NEW	85,288	NEW	$4,167,598	NEW	1	$48.98	2.99%
JPST	JPMorgan Ultra-Short Income ETF	Added	81,730	+76,803	$4,133,086	+1557.5%	2	$50.52	2.97%
AOM	iShares Core 40/60 Moderate Allocation ETF	Added	81,878	+2,069	$4,084,893	+8.1%	2	unpriced	2.93%
		Reduced	44,456	-17,170	$4,073,947	−27.9%	9	before history	2.93%
		NEW	96,363	NEW	$3,997,136	NEW	1	$41.04	2.87%
WDC	Western Digital Corp Technology	Added	6,245	+452	$3,988,805	+154.6%	2	$277.35	2.86%
GBIL	Goldman Sachs ETF Trust	Added	39,746	+1,022	$3,980,959	+2.6%	2	$100.07	2.86%
MU	Micron Technology Inc Technology	Added	3,415	+2,407	$3,941,899	+1057.5%	3	$596.27	2.83%
AMD	Advanced Micro Devices Inc Technology	NEW	5,602	NEW	$3,254,257	NEW	1	$409.99	2.34%
ILCG	iShares Morningstar Growth ETF	Added	27,023	+16,128	$3,162,231	+204.0%	9	before history	2.27%
INTC	Intel Corp Technology	NEW	21,859	NEW	$3,052,171	NEW	1	$101.12	2.19%
BOXX	Alpha Architect 1-3 Month Box ETF	Reduced	22,597	-275	$2,645,882	−0.5%	5	before history	1.90%
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	NEW	21,049	NEW	$2,504,620	NEW	1	$114.32	1.80%
CRWD	CrowdStrike Holdings, Inc. Technology	NEW	3,151	NEW	$2,404,653	NEW	1	$568.28	1.73%
		Reduced	22,747	-1,810	$2,260,596	−7.4%	9	before history	1.62%
VONG	VANGUARD RUSSELL 1000 GROWTH INDEX FUND	NEW	17,405	NEW	$2,224,532	NEW	1	$124.09	1.60%
SPHQ	Invesco S&P 500 Quality ETF	Reduced	23,744	-4,561	$2,139,334	+0.5%	3	$75.04	1.54%
JMOM	JPMorgan U.S. Momentum Factor ETF	Reduced	23,514	-8,442	$2,009,506	−7.4%	2	$69.88	1.44%
LRGF	iShares U.S. Equity Factor ETF	NEW	24,760	NEW	$1,872,598	NEW	1	unpriced	1.34%
SCHG	Schwab U.S. Large-Cap Growth ETF	Added	55,133	+41,922	$1,865,700	+384.8%	9	before history	1.34%
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	Added	15,599	+14,024	$1,864,392	—	9	before history	1.34%
PWB	Victory Portfolios II	Added	11,055	+7,335	$1,862,325	+297.5%	3	$143.42	1.34%
VOO	VANGUARD 500 INDEX FUND	Added	2,710	+197	$1,861,254	+23.9%	9	before history	1.34%
FEX	First Trust Large Cap Core AlphaDEX Fund	Reduced	12,816	-415	$1,792,573	+11.1%	2	$123.87	1.29%
VIS	VANGUARD INDUSTRIALS INDEX FUND	Reduced	4,820	-659	$1,737,030	—	9	before history	1.25%
ON	On Semiconductor Corp Technology	NEW	18,076	NEW	$1,708,904	NEW	1	$102.53	1.23%
VHT	VANGUARD HEALTH CARE INDEX FUND	Reduced	5,500	-439	$1,644,554	—	9	before history	1.18%
IUSB	iShares Core Universal USD Bond ETF	Added	35,438	+5,761	$1,635,463	+19.3%	9	before history	1.17%
		NEW	10,571	NEW	$1,631,105	NEW	1	$147.66	1.17%
VDE	VANGUARD ENERGY INDEX FUND	Reduced	10,707	-1,480	$1,607,441	—	9	before history	1.15%
VAW	VANGUARD MATERIALS INDEX FUND	Reduced	6,865	-672	$1,570,643	—	9	before history	1.13%
VPU	VANGUARD UTILITIES INDEX FUND	Reduced	7,895	-811	$1,545,287	—	9	before history	1.11%
MGK	VANGUARD MEGA CAP GROWTH INDEX FUND	NEW	17,132	NEW	$1,506,074	NEW	1	unpriced	1.08%
VNQ	VANGUARD REAL ESTATE INDEX FUND	Reduced	15,526	-1,151	$1,497,171	+1.2%	9	before history	1.08%
VOX	VANGUARD COMMUNICATION SERVICES INDEX FUND	Added	8,138	+1,800	$1,496,984	—	9	before history	1.08%
VDC	VANGUARD CONSUMER STAPLES INDEX FUND	Reduced	6,354	-553	$1,432,762	—	9	before history	1.03%
FTCS	First Trust Capital Strength ETF	Added	14,497	+1,992	$1,361,558	+17.4%	2	$95.60	0.98%
QUAL	iShares MSCI USA Quality Factor ETF	NEW	6,135	NEW	$1,346,203	NEW	1	unpriced	0.97%
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	Reduced	16,349	-1,717	$1,273,749	−10.1%	7	before history	0.91%
FIX	Comfort Systems USA Inc Industrials	NEW	604	NEW	$1,197,097	NEW	1	$1,814.55	0.86%
USMV	iShares MSCI USA Min Vol Factor ETF	Reduced	11,920	-704	$1,149,803	−1.8%	3	unpriced	0.83%
SPMO	Invesco Ltd. Financial Services	Added	7,031	+2,847	$1,135,787	+142.1%	2	$127.40	0.82%
VCR	VANGUARD CONSUMER DISCRETIONARY INDEX FUND	Reduced	2,629	-274	$1,042,687	—	9	before history	0.75%
JBHT	Hunt J B Transport Services Inc Industrials	NEW	3,578	NEW	$1,035,580	NEW	1	$256.81	0.74%
VFH	VANGUARD FINANCIALS INDEX FUND	Reduced	7,723	-791	$1,016,346	—	9	before history	0.73%
IAGG	iShares Core International Aggregate Bond ETF	Added	18,225	+2,880	$922,185	+20.1%	9	before history	0.66%

Showing the top 50 of 85 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.