Wendy's Co
WEN- Exchange
- Nasdaq
- Industry
- Retail-Eating & Drinking Places
- SEC CIK
- 0000030697
No open-market purchases or sales by Wendy's Co insiders were filed in the last 90 days; 404 institutions reported holding it in 13F filings for Q2 2026, worth $1.48B in total; 3 superinvestors hold it, including Trian Fund Management and Fairfax Financial.
Key figures
- Market capClose on Nov 10, 2026
- $1.59B
- Insider buysOpen market, last 90 days
- 0
- Insider sellsOpen market, last 90 days
- 0
- 13F holdersQ2 2026, −4 vs. previous quarter
- 404
- 13F valueReported value at the end of Q2 2026
- $1.48B
- Superinvestors holdingAt the end of Q2 2026
- 3
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $2.18B
- −3.1% year over year
- Net income, FY2025
- $165.1M
- −15.1% year over year
- Free cash flow, FY2025
- $242.6M
- −7.0% year over year
- Revenue, Q3 FY2026
- $547.0M
- −0.5% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 49.3M
- Shares sold short
- Change
- −2.98M
- −5.7% vs. previous
- Days to cover
- 5.90
- At average daily volume
Superinvestors holding WEN, Q2 2026
Go to the superinvestors tab3 superinvestors report holding Wendy's Co on Form 13F. Percentages are the stock's share of each portfolio.
Trian Fund Management
Nelson Peltz
6.0%
Wendy's Co's share of the portfolio
- Shares
- 30,468,434
- Value
- $252.6M
| Superinvestor | Weight | Value |
|---|---|---|
| Harris Associates (Oakmark) | 0.1% | $46.3M |
Latest insider trades
See all insider tradesOpen-market purchases and sales by Wendy's Co insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Nov 21, 2025 (view filing) | Nov 20 | 1 day | Suerken Peter J. JRPresident, U.S. | PPurchase | +500 | $7.88 | +$3.94K | +71.1%1.20K after | |
| Nov 21, 2025 (view filing) | Nov 19 | 2 days | Min JohnChief Legal Ofcr & Secretary | PPurchase | +1.70K | $8.18 | +$13.9K | +130.3%3.00K after | |
| Jun 3, 2025 (view filing) | Jun 3 | Same day | Radkoski Lindsay J.CMO, U.S. | PPurchase | +5.05K | $11.68 | +$59.0K | +21.1%29.0K after | |
| May 27, 2025 (view filing) | May 23 | 4 days | Cook Kenneth M.Chief Financial Officer | PPurchase | +1.50K | $11.35 | +$17.0K | New position1.50K after | |
| May 23, 2025 (view filing) | May 21 | 2 days | O'Brien Matthew ColeyChief People Officer | PPurchase | +1.75K | $11.60 | +$20.3K | +2.1%85.6K after | |
| May 13, 2025 (view filing) | May 9 | 4 days | Min JohnChief Legal Ofcr & Secretary | PPurchase | +1.00K | $11.98 | +$12.0K | +328.0%1.30K after | |
| May 6, 2025 (view filing) | May 5 | 1 day | Pringle Abigail E.President, U.S. | SSale | −136.8K | $12.81 | −$1.75M | −40.3%203.0K after | |
| Mar 6, 2025 (view filing) | Mar 4 | 2 days | Gilbert Kenneth WDirector | SSale | −3.50K | $15.14 | −$53.0K | −11.2%27.8K after | |
| Nov 8, 2024 (view filing) | Nov 7 | 1 day | Mathews-Spradlin Mich JDirector | SSale | −24.5K | $20.28 | −$496.1K | −27.7%63.8K after | |
| Nov 7, 2024 (view filing) | Nov 5 | 2 days | Esposito LilianaChf Corp Affrs & Sustnblty Ofc | SSale | −52.0K | $19.63 | −$1.02M | −38.4%83.5K after |
Top 10 13F holders, Q2 2026
See all 404 holdersThe largest institutional positions in Wendy's Co at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Trian Fund Management, L.P.SuperinvestorTrian Fund Management | 30,468,434 | $252.6M | 5.97% | +22,412+0.1% | Added |
| BlackRock, Inc. | 26,314,724 | $218.1M | 0.00% | +4,576,075+21.1% | Added |
| Vanguard Portfolio Management LLC | 10,301,732 | $85.4M | 0.00% | +1,039,931+11.2% | Added |
| Fairfax Financial Holdings LtdSuperinvestorFairfax Financial | 8,005,627 | $66.3M | 2.51% | +4,736,725+144.9% | Added |
| Charles Schwab Investment Management Inc | 7,523,646 | $62.4M | 0.01% | +1,025,723+15.8% | Added |
| Vanguard Capital Management LLC | 6,924,310 | $57.4M | 0.00% | +100,873+1.5% | Added |
| Wells Fargo & Company | 6,684,034 | $55.4M | 0.01% | −228,752−3.3% | Reduced |
| State Street Corp | 6,566,985 | $54.4M | 0.00% | +1,101,063+20.1% | Added |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 5,587,137 | $46.3M | 0.06% | −342,664−5.8% | Reduced |
| Geode Capital Management, LLC | 4,270,644 | $35.4M | 0.00% | +1,313,451+44.4% | Added |
Holders of 5% or more of WEN
See all 3 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Wendy's Co.
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| Trian Fund Management, L.P.SuperinvestorTrian Fund Management | 13D/A | 16.23%30.9M shares | −0.01 ppfrom 16.24% | May 24, 202210 filings | Oct 28, 2026 | SEC |
| BlackRock, Inc. | 13G/A | 12.80%24.4M shares | +2.40 ppfrom 10.40% | Oct 17, 20253 filings | Jul 30, 2026 | SEC |
| Vanguard Portfolio Management LLC | 13G | 5.48%10.5M shares | New | Jul 31, 20261 filing | Jul 31, 2026 | SEC |