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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, Q1 2023

Institutional positions in Wendy's Co as of Mar 31, 2023. 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
343
+5 vs. Q4 2022
Shares held
165.3M
+12.1M (+7.9%) vs. Q4 2022
Total value
$3.60B
+$134.8M (+3.9%) vs. Q4 2022
New holders
48
137 more added
Sold out
43
94 more reduced

10 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2023: 343 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 heldQ1 2023: $3.60B
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, Q1 2023

Shares, value and share of portfolio for each institution holding Wendy's Co; share changes are against Q4 2022.

Institutions holding WEN in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Trian Fund Management, L.P.SuperinvestorTrian Fund Management21,705,770$472.8M12.60%−3,627,569−14.3%Reduced
BlackRock Inc.20,395,661$444.2M0.01%+5,039,239+32.8%Added
Vanguard Group Inc20,118,649$438.2M0.01%+1,713,212+9.3%Added
Massachusetts Financial Services Co11,212,080$244.2M0.08%−221,562−1.9%Reduced
JPMorgan Chase & Co5,989,323$130.4M0.02%+142,399+2.4%Added
Harris Associates L PSuperinvestorHarris Associates (Oakmark)5,711,808$124.4M0.24%+771,053+15.6%Added
Allspring Global Investments Holdings, LLC5,179,206$112.8M0.19%+48,021+0.9%Added
State Street Corp4,911,667$107.0M0.01%+63,549+1.3%Added
Charles Schwab Investment Management Inc4,581,637$99.8M0.03%+2,487,477+118.8%Added
Dimensional Fund Advisors LP4,082,303$88.9M0.03%+58,784+1.5%Added
Janus Henderson Group PLC3,184,347$69.4M0.05%−419,720−11.6%Reduced
Millennium Management LLC2,936,462$64.0M0.07%+639,740+27.9%Added
Renaissance Technologies LLC2,879,282$62.7M0.08%+2,267,900+370.9%Added
Price T Rowe Associates Inc2,747,261$59.8M0.01%+39,386+1.5%Added
Royal Bank of Canada2,624,662$57.2M0.02%+2,559,582+3,933.0%Added
Geode Capital Management, LLC2,539,081$55.3M0.01%+87,066+3.6%Added
Macquarie Group Ltd2,454,077$53.5M0.06%+113,339+4.8%Added
Bank of New York Mellon Corp2,128,305$46.4M0.01%−12,002−0.6%Reduced
Norges Bank2,054,041$44.7M0.01%+90,043+4.6%Added
Marshall Wace, LLP1,811,205$39.4M0.10%+708,312+64.2%Added
Deutsche Bank AG1,771,306$38.6M0.02%+920.0%Added
Wellington Management Group LLP1,490,251$32.5M0.01%−166,728−10.1%Reduced
Qube Research & Technologies Ltd1,350,726$29.4M0.17%+669,855+98.4%Added
Northern Trust Corp1,298,758$28.3M0.01%+17,013+1.3%Added
Two Sigma Advisers, LP1,264,305$27.5M0.07%−318,300−20.1%Reduced
Horizon Kinetics Asset Management LLC1,216,151$26.5M0.51%−29,746−2.4%Reduced
Bank of America Corp1,106,869$24.1M0.00%+199,574+22.0%Added
Two Sigma Investments, LP1,102,052$24.0M0.07%+66,488+6.4%Added
Victory Capital Management Inc1,010,230$22.0M0.02%+341,902+51.2%Added
Squarepoint Ops LLC798,829$17.4M0.12%+215,461+36.9%Added
Morgan Stanley762,061$16.6M0.00%+30,385+4.2%Added
Nuveen Asset Management, LLC732,258$15.9M0.01%−174,550−19.2%Reduced
Amundi704,052$15.3M0.01%+75,688+12.0%Added
Principal Financial Group Inc675,681$14.7M0.01%+1,761+0.3%Added
NFJ Investment Group, LLC663,416$14.4M0.39%−58,814−8.1%Reduced
Voya Investment Management LLC661,774$14.4M0.02%−742−0.1%Reduced
Citadel Advisors LLC640,063$13.9M0.02%+528,275+472.6%Added
First Trust Advisors LP625,698$13.6M0.02%+448,060+252.2%Added
Creative Planning583,078$12.7M0.02%+400,686+219.7%Added
Jane Street Group, LLC527,860$11.5M0.02%+461,111+690.8%Added
Arrowstreet Capital, Limited Partnership526,346$11.5M0.01%+322,018+157.6%Added
Rhumbline Advisers519,527$11.3M0.01%+13,561+2.7%Added
Retirement Systems of Alabama508,175$11.1M0.05%+283,555+126.2%Added
California Public Employees Retirement System507,839$11.1M0.01%+276,489+119.5%Added
Los Angeles Capital Management LLC440,463$9.59M0.04%+440,463New
Invesco Ltd.427,635$9.31M0.00%−212,789−33.2%Reduced
Nicholas Company, Inc.427,485$9.31M0.19%+400.0%Added
Assenagon Asset Management S.A.401,091$8.74M0.03%−1,425,750−78.0%Reduced
Swiss National Bank390,800$8.51M0.01%−46,000−10.5%Reduced
Ameriprise Financial Inc361,313$7.87M0.00%+131,329+57.1%Added
Schonfeld Strategic Advisors LLC351,664$7.66M0.07%−1,235,332−77.8%Reduced
SEI Investments Co328,918$7.16M0.01%+314,559+2,190.7%Added
Goldman Sachs Group Inc292,096$6.36M0.00%−322,113−52.4%Reduced
UBS Asset Management Americas Inc286,607$6.24M0.00%−2,103−0.7%Reduced
Legal & General Group Plc281,053$6.12M0.00%+1,334+0.5%Added
AQR Capital Management LLC269,232$5.81M0.01%+169,289+169.4%Added
American International Group, Inc.263,780$5.75M0.04%−2,500−0.9%Reduced
Federated Hermes, Inc.263,775$5.75M0.01%+184,391+232.3%Added
State Board of Administration of Florida Retirement System257,230$5.60M0.01%+17,682+7.4%Added
New York State Teachers Retirement System233,091$5.08M0.01%−700−0.3%Reduced
Alliancebernstein L.P.227,944$4.96M0.00%−16,782−6.9%Reduced
California State Teachers Retirement System222,906$4.85M0.01%−2,967−1.3%Reduced
Credit Suisse AG221,244$4.82M0.00%+2,216+1.0%Added
D. E. Shaw & Co., Inc.212,416$4.63M0.01%+114,182+116.2%Added
Voloridge Investment Management, LLC206,269$4.49M0.02%+206,269New
Envestnet Asset Management Inc200,117$4.36M0.00%+5,631+2.9%Added
Nine27 Capital Management, LP200,000$4.36M4.76%+200,000New
Boothbay Fund Management, LLC194,805$4.24M0.12%+122,171+168.2%Added
New York State Common Retirement Fund193,786$4.22M0.01%+240.0%Added
Thrivent Financial for Lutherans173,394$3.78M0.01%+128,000+282.0%Added
Canada Pension Plan Investment Board170,700$3.72M0.01%+51,455+43.2%Added
Natixis160,800$3.50M0.03%+160,800New
Texas Permanent School Fund151,893$3.31M0.03%+37,321+32.6%Added
Holocene Advisors, LP148,947$3.24M0.02%+99,929+203.9%Added
Concentric Capital Strategies, LP145,078$3.16M1.06%+95,560+193.0%Added
Barclays PLC143,603$3.13M0.00%−14,125−9.0%Reduced
Gotham Asset Management, LLC140,614$3.06M0.07%+82,011+139.9%Added
Mutual of America Capital Management LLC137,130$2.99M0.04%−2,878−2.1%Reduced
Manufacturers Life Insurance Company, The134,337$2.93M0.00%−5,234−3.8%Reduced
Great West Life Assurance Co133,467$2.90M0.01%−2,127−1.6%Reduced
Winton Group Ltd129,193$2.81M0.17%−17,154−11.7%Reduced
Amalgamated Bank125,650$2.74M0.02%−25,566−16.9%Reduced
FMR LLC124,631$2.71M0.00%−332,933−72.8%Reduced
Gabelli Funds LLC117,000$2.55M0.02%00.0%Unchanged
Exchange Traded Concepts, LLC116,577$2.54M0.07%+116,577New
Neuberger Berman Group LLC114,198$2.49M0.00%−14,031−10.9%Reduced
North Star Investment Management Corp.114,034$2.48M0.20%+41,489+57.2%Added
UBS Group AG112,981$2.46M0.00%−39,131−25.7%Reduced
Captrust Financial Advisors112,276$2.45M0.01%+788+0.7%Added
Wells Fargo & Company111,576$2.43M0.00%+2,894+2.7%Added
MetLife Investment Management111,307$2.42M0.02%−2,780−2.4%Reduced
State of New Jersey Common Pension Fund D106,264$2.31M0.01%00.0%Unchanged
Tudor Investment Corp Et Al102,686$2.24M0.04%+102,686New
Dean Investment Associates, LLC99,161$2.16M0.35%+4,677+5.0%Added
VELA Investment Management, LLC95,702$2.08M0.95%+14,229+17.5%Added
Aigen Investment Management, LP92,637$2.02M0.28%+92,637New
Susquehanna Fundamental Investments, LLC91,959$2.00M0.05%00.0%Unchanged
Engineers Gate Manager LP91,720$2.00M0.08%+35,949+64.5%Added
Shufro Rose & Co LLC91,311$1.99M0.18%−8,070−8.1%Reduced
Public Employees Retirement System of Ohio87,788$1.91M0.01%−2,650−2.9%Reduced