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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; 403 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.

13F holders, Q4 2022

Institutional positions in Wendy's Co as of Dec 31, 2022. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
348
+16 vs. Q3 2022
Shares held
153.6M
+1.44M (+0.9%) vs. Q3 2022
Total value
$3.48B
+$630.0M (+22.1%) vs. Q3 2022
New holders
55
102 more added
Sold out
39
119 more reduced

4 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting WEN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2022: 348 institutions
Q1 2021: 324 institutionsQ2 2021: 337 institutionsQ3 2021: 351 institutionsQ4 2021: 364 institutionsQ1 2022: 356 institutionsQ2 2022: 341 institutionsQ3 2022: 336 institutionsQ4 2022: 348 institutionsQ1 2023: 343 institutionsQ2 2023: 360 institutionsQ3 2023: 351 institutionsQ4 2023: 388 institutionsQ1 2024: 364 institutionsQ2 2024: 392 institutionsQ3 2024: 394 institutionsQ4 2024: 425 institutionsQ1 2025: 424 institutionsQ2 2025: 402 institutionsQ3 2025: 403 institutionsQ4 2025: 429 institutionsQ1 2026: 412 institutionsQ2 2026: 403 institutions
Value heldQ4 2022: $3.48B
Q1 2021: $3.28BQ2 2021: $3.53BQ3 2021: $3.40BQ4 2021: $3.61BQ1 2022: $3.33BQ2 2022: $2.86BQ3 2022: $2.85BQ4 2022: $3.48BQ1 2023: $3.60BQ2 2023: $3.57BQ3 2023: $3.54BQ4 2023: $3.42BQ1 2024: $3.30BQ2 2024: $2.98BQ3 2024: $3.13BQ4 2024: $3.04BQ1 2025: $2.76BQ2 2025: $2.25BQ3 2025: $1.67BQ4 2025: $1.59BQ1 2026: $1.33BQ2 2026: $1.48B
Institutions holding WEN and their total value by quarter
QuarterHoldersValue
Q2 2026403$1.48B
Q1 2026412$1.33B
Q4 2025429$1.59B
Q3 2025403$1.67B
Q2 2025402$2.25B
Q1 2025424$2.76B
Q4 2024425$3.04B
Q3 2024394$3.13B
Q2 2024392$2.98B
Q1 2024364$3.30B
Q4 2023388$3.42B
Q3 2023351$3.54B
Q2 2023360$3.57B
Q1 2023343$3.60B
Q4 2022348$3.48B
Q3 2022336$2.85B
Q2 2022341$2.86B
Q1 2022356$3.33B
Q4 2021364$3.61B
Q3 2021351$3.40B
Q2 2021337$3.53B
Q1 2021324$3.28B

Institutions, Q4 2022

Shares, value and share of portfolio for each institution holding Wendy's Co; share changes are against Q3 2022.

Institutions holding WEN in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Trian Fund Management, L.P.SuperinvestorTrian Fund Management25,333,339$573.3M11.76%00.0%Unchanged
Vanguard Group Inc18,405,437$416.5M0.01%+796,999+4.5%Added
BlackRock Inc.15,356,422$347.5M0.01%+459,107+3.1%Added
Massachusetts Financial Services Co11,433,642$258.7M0.09%−28,650−0.2%Reduced
JPMorgan Chase & Co5,846,924$132.3M0.02%−320,173−5.2%Reduced
Allspring Global Investments Holdings, LLC5,131,185$116.1M0.20%+2,367,870+85.7%Added
Harris Associates L PSuperinvestorHarris Associates (Oakmark)4,940,755$111.8M0.23%−1,964,472−28.4%Reduced
State Street Corp4,848,118$109.7M0.01%−14,137−0.3%Reduced
Dimensional Fund Advisors LP4,023,519$91.1M0.03%+101,157+2.6%Added
Janus Henderson Group PLC3,604,067$81.6M0.06%−380,469−9.5%Reduced
Price T Rowe Associates Inc2,707,875$61.3M0.01%+46,124+1.7%Added
Geode Capital Management, LLC2,452,015$55.5M0.01%+114,232+4.9%Added
Macquarie Group Ltd2,340,738$53.0M0.06%+34,876+1.5%Added
Millennium Management LLC2,296,722$52.0M0.06%−3,017,546−56.8%Reduced
Bank of New York Mellon Corp2,140,307$48.4M0.01%−194,324−8.3%Reduced
Charles Schwab Investment Management Inc2,094,160$47.4M0.02%−29,985−1.4%Reduced
Norges Bank1,963,998$44.4M0.01%+298,890+18.0%Added
Assenagon Asset Management S.A.1,826,841$41.3M0.17%+1,826,841New
Deutsche Bank AG1,771,214$40.1M0.02%−1,800,856−50.4%Reduced
Wellington Management Group LLP1,656,979$37.5M0.01%+1,102,174+198.7%Added
Schonfeld Strategic Advisors LLC1,586,996$35.9M0.30%+1,260,639+386.3%Added
Two Sigma Advisers, LP1,582,605$35.8M0.10%−251,400−13.7%Reduced
Northern Trust Corp1,281,745$29.0M0.01%+35,698+2.9%Added
Horizon Kinetics Asset Management LLC1,245,897$28.2M0.47%−36,948−2.9%Reduced
Marshall Wace, LLP1,102,893$25.0M0.06%+1,102,893New
Two Sigma Investments, LP1,035,564$23.4M0.08%−41,419−3.8%Reduced
Balyasny Asset Management LLC951,713$21.5M0.08%+371,178+63.9%Added
Bank of America Corp907,295$20.5M0.00%−426,419−32.0%Reduced
Nuveen Asset Management, LLC906,808$20.5M0.01%−66,019−6.8%Reduced
Morgan Stanley731,676$16.6M0.00%+59,080+8.8%Added
NFJ Investment Group, LLC722,230$16.3M0.43%+81,298+12.7%Added
Walleye Capital LLC689,961$15.6M0.34%+689,961New
Qube Research & Technologies Ltd680,871$15.4M0.09%+609,701+856.7%Added
Principal Financial Group Inc673,920$15.3M0.01%+9,080+1.4%Added
Victory Capital Management Inc668,328$15.1M0.02%−10,461−1.5%Reduced
Voya Investment Management LLC662,516$15.0M0.02%+69,157+11.7%Added
Invesco Ltd.640,424$14.5M0.00%+201,172+45.8%Added
Goldman Sachs Group Inc614,209$13.9M0.00%−347,714−36.1%Reduced
Amundi628,364$13.9M0.01%−16,401−2.5%Reduced
Renaissance Technologies LLC611,382$13.8M0.02%−14,500−2.3%Reduced
Squarepoint Ops LLC583,368$13.2M0.10%+551,027+1,703.8%Added
Rhumbline Advisers505,966$11.4M0.02%+5,967+1.2%Added
FMR LLC457,564$10.4M0.00%−23,587−4.9%Reduced
Swiss National Bank436,800$9.88M0.01%+5,000+1.2%Added
Nicholas Company, Inc.427,445$9.67M0.21%+5,410+1.3%Added
Davidson Kempner Capital Management LP422,700$9.56M0.20%+422,700New
UBS Asset Management Americas Inc288,710$6.53M0.00%−619−0.2%Reduced
Legal & General Group Plc279,719$6.33M0.00%−640.0%Reduced
Twinbeech Capital LP276,009$6.25M0.12%+276,009New
American International Group, Inc.266,280$6.03M0.04%−3,259−1.2%Reduced
Stormborn Capital Management, LLC250,000$5.66M2.25%+250,000New
Alliancebernstein L.P.244,726$5.54M0.00%−20,691−7.8%Reduced
Chimera Capital Management LLC240,139$5.43M1.52%+240,139New
State Board of Administration of Florida Retirement System239,548$5.42M0.01%−13,380−5.3%Reduced
New York State Teachers Retirement System233,791$5.29M0.01%−3,000−1.3%Reduced
California Public Employees Retirement System231,350$5.24M0.00%−48,674−17.4%Reduced
Ameriprise Financial Inc229,984$5.20M0.00%−17,186−7.0%Reduced
California State Teachers Retirement System225,873$5.11M0.01%+1,426+0.6%Added
Retirement Systems of Alabama224,620$5.08M0.02%+1,740+0.8%Added
Credit Suisse AG219,028$4.96M0.01%+36,954+20.3%Added
Arrowstreet Capital, Limited Partnership204,328$4.62M0.01%−428,278−67.7%Reduced
Envestnet Asset Management Inc194,486$4.40M0.00%+23,388+13.7%Added
New York State Common Retirement Fund193,762$4.38M0.01%+10,293+5.6%Added
Creative Planning182,392$4.13M0.01%+2,370+1.3%Added
First Trust Advisors LP177,638$4.02M0.00%−12,774−6.7%Reduced
Barclays PLC157,728$3.57M0.00%−29,026−15.5%Reduced
UBS Group AG152,112$3.44M0.00%−29,551−16.3%Reduced
Amalgamated Bank151,216$3.42M0.03%+21,374+16.5%Added
Trexquant Investment LP149,979$3.39M0.10%−122,278−44.9%Reduced
Connor, Clark & Lunn Investment Management Ltd.147,234$3.33M0.02%+147,234New
Winton Group Ltd146,347$3.31M0.22%−32,537−18.2%Reduced
Cubist Systematic Strategies, LLC145,311$3.29M0.03%−259,944−64.1%Reduced
Mutual of America Capital Management LLC140,008$3.17M0.04%+3,219+2.4%Added
Manufacturers Life Insurance Company, The139,571$3.16M0.00%+119+0.1%Added
Man Group plc136,531$3.09M0.01%−153,115−52.9%Reduced
Great West Life Assurance Co135,594$3.07M0.01%+10,314+8.2%Added
Philadelphia Trust Co130,623$2.96M0.32%+130,623New
Neuberger Berman Group LLC128,229$2.90M0.00%+20,997+19.6%Added
Walleye Trading LLC122,808$2.78M0.07%−12,020−8.9%Reduced
Canada Pension Plan Investment Board119,245$2.70M0.00%−5,300−4.3%Reduced
Gabelli Funds LLC117,000$2.65M0.02%00.0%Unchanged
Texas Permanent School Fund114,572$2.59M0.04%−6,859−5.6%Reduced
MetLife Investment Management114,087$2.58M0.02%−2,324−2.0%Reduced
Citadel Advisors LLC111,788$2.53M0.00%+81,394+267.8%Added
Captrust Financial Advisors111,488$2.52M0.01%−140−0.1%Reduced
Wells Fargo & Company108,682$2.46M0.00%+2,865+2.7%Added
State of New Jersey Common Pension Fund D106,264$2.40M0.01%−14,795−12.2%Reduced
Aquatic Capital Management LLC105,600$2.39M0.17%+77,600+277.1%Added
AQR Capital Management LLC99,943$2.26M0.01%−19,831−16.6%Reduced
Shufro Rose & Co LLC99,381$2.25M0.19%−250−0.3%Reduced
D. E. Shaw & Co., Inc.98,234$2.22M0.00%+63,492+182.8%Added
Dean Investment Associates, LLC94,484$2.14M0.36%+9,409+11.1%Added
Susquehanna Fundamental Investments, LLC91,959$2.08M0.04%00.0%Unchanged
Public Employees Retirement System of Ohio90,438$2.05M0.01%−6,143−6.4%Reduced
Edgestream Partners, L.P.89,215$2.02M0.23%+89,215New
State of Tennessee, Treasury Department88,038$1.99M0.01%00.0%Unchanged
Raymond James & Associates82,954$1.88M0.00%−168−0.2%Reduced
VELA Investment Management, LLC81,473$1.84M0.91%+22,961+39.2%Added
Sendero Wealth Management, LLC80,355$1.82M0.65%+27,079+50.8%Added
Commonwealth Equity Services, LLC79,773$1.80M0.00%−2,754−3.3%Reduced