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 2023
Institutional positions in Wendy's Co as of Dec 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
- 388
- +42 vs. Q3 2023
- Shares held
- 175.6M
- +4.26M (+2.5%) vs. Q3 2023
- Total value
- $3.42B
- −$120.4M (−3.4%) vs. Q3 2023
- New holders
- 75
- 143 more added
- Sold out
- 33
- 98 more reduced
5 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2023: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 403 | $1.48B |
| Q1 2026 | 412 | $1.33B |
| Q4 2025 | 429 | $1.59B |
| Q3 2025 | 403 | $1.67B |
| Q2 2025 | 402 | $2.25B |
| Q1 2025 | 424 | $2.76B |
| Q4 2024 | 425 | $3.04B |
| Q3 2024 | 394 | $3.13B |
| Q2 2024 | 392 | $2.98B |
| Q1 2024 | 364 | $3.30B |
| Q4 2023 | 388 | $3.42B |
| Q3 2023 | 351 | $3.54B |
| Q2 2023 | 360 | $3.57B |
| Q1 2023 | 343 | $3.60B |
| Q4 2022 | 348 | $3.48B |
| Q3 2022 | 336 | $2.85B |
| Q2 2022 | 341 | $2.86B |
| Q1 2022 | 356 | $3.33B |
| Q4 2021 | 364 | $3.61B |
| Q3 2021 | 351 | $3.40B |
| Q2 2021 | 337 | $3.53B |
| Q1 2021 | 324 | $3.28B |
Institutions, Q4 2023
Shares, value and share of portfolio for each institution holding Wendy's Co; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Trian Fund Management, L.P.SuperinvestorTrian Fund Management | 31,467,150 | $613.0M | 8.75% | −1,883,593−5.6% | Reduced |
| BlackRock Inc. | 20,830,013 | $405.8M | 0.01% | +609,973+3.0% | Added |
| Vanguard Group Inc | 19,823,955 | $386.2M | 0.01% | −424,457−2.1% | Reduced |
| Massachusetts Financial Services Co | 10,711,129 | $208.7M | 0.07% | −182,544−1.7% | Reduced |
| JPMorgan Chase & Co | 5,943,111 | $115.8M | 0.01% | +100,473+1.7% | Added |
| Allspring Global Investments Holdings, LLC | 5,232,492 | $101.9M | 0.17% | −38,230−0.7% | Reduced |
| State Street Corp | 4,991,115 | $97.2M | 0.00% | +142,155+2.9% | Added |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 4,942,216 | $96.3M | 0.17% | −2,804,780−36.2% | Reduced |
| Charles Schwab Investment Management Inc | 4,706,052 | $91.7M | 0.02% | +31,341+0.7% | Added |
| Dimensional Fund Advisors LP | 4,141,024 | $80.7M | 0.02% | +63,927+1.6% | Added |
| AQR Capital Management LLC | 3,420,310 | $66.6M | 0.13% | +2,142,352+167.6% | Added |
| Royal Bank of Canada | 3,259,455 | $63.5M | 0.02% | +50,573+1.6% | Added |
| Janus Henderson Group PLC | 3,252,919 | $63.4M | 0.04% | +18,543+0.6% | Added |
| Geode Capital Management, LLC | 2,804,071 | $54.6M | 0.01% | +77,488+2.8% | Added |
| Bank of New York Mellon Corp | 2,757,113 | $53.7M | 0.01% | +697,826+33.9% | Added |
| Millennium Management LLC | 2,366,679 | $46.1M | 0.04% | +536,618+29.3% | Added |
| Two Sigma Investments, LP | 2,344,331 | $45.7M | 0.11% | +1,495,665+176.2% | Added |
| Two Sigma Advisers, LP | 2,220,405 | $43.3M | 0.10% | +641,100+40.6% | Added |
| Man Group plc | 2,117,592 | $41.3M | 0.12% | – | – |
| Morgan Stanley | 1,738,682 | $33.9M | 0.00% | +355,774+25.7% | Added |
| Price T Rowe Associates Inc | 1,641,660 | $32.0M | 0.00% | −527,875−24.3% | Reduced |
| Norges Bank | 1,418,228 | $27.6M | 0.00% | +308,906+27.8% | Added |
| Northern Trust Corp | 1,237,219 | $24.1M | 0.00% | −9,584−0.8% | Reduced |
| Horizon Kinetics Asset Management LLC | 1,131,007 | $22.0M | 0.46% | −37,183−3.2% | Reduced |
| California Public Employees Retirement System | 1,096,163 | $21.4M | 0.02% | +21,266+2.0% | Added |
| Capital Research Global Investors | 1,056,138 | $20.6M | 0.01% | +1,056,138 | New |
| Invesco Ltd. | 999,213 | $19.5M | 0.00% | −180,687−15.3% | Reduced |
| Voya Investment Management LLC | 906,934 | $17.7M | 0.02% | +53,581+6.3% | Added |
| Nuveen Asset Management, LLC | 815,193 | $15.9M | 0.01% | +22,499+2.8% | Added |
| Qube Research & Technologies Ltd | 781,011 | $15.2M | 0.03% | +576,779+282.4% | Added |
| Gradient Investments LLC | 764,673 | $14.9M | 0.36% | +23,973+3.2% | Added |
| Arrowstreet Capital, Limited Partnership | 759,251 | $14.8M | 0.02% | +654,240+623.0% | Added |
| Bank of America Corp | 698,823 | $13.6M | 0.00% | −74,487−9.6% | Reduced |
| Schonfeld Strategic Advisors LLC | 651,696 | $12.7M | 0.10% | +651,696 | New |
| Principal Financial Group Inc | 620,411 | $12.1M | 0.01% | −12,179−1.9% | Reduced |
| Victory Capital Management Inc | 584,761 | $11.4M | 0.01% | −674,395−53.6% | Reduced |
| UBS Group AG | 555,718 | $10.8M | 0.00% | +65,035+13.3% | Added |
| Goldman Sachs Group Inc | 546,084 | $10.6M | 0.00% | +96,571+21.5% | Added |
| Rhumbline Advisers | 524,805 | $10.2M | 0.01% | −11,959−2.2% | Reduced |
| Retirement Systems of Alabama | 517,693 | $10.1M | 0.04% | +20,525+4.1% | Added |
| NFJ Investment Group, LLC | 497,169 | $9.68M | 0.27% | −28,225−5.4% | Reduced |
| Cubist Systematic Strategies, LLC | 479,341 | $9.34M | 0.12% | +436,076+1,007.9% | Added |
| Squarepoint Ops LLC | 459,306 | $8.95M | 0.04% | −1,093,233−70.4% | Reduced |
| Nicholas Company, Inc. | 448,585 | $8.74M | 0.15% | 00.0% | Unchanged |
| Mesirow Institutional Investment Management, Inc. | 419,928 | $8.18M | 0.77% | −4,347−1.0% | Reduced |
| FMR LLC | 417,974 | $8.14M | 0.00% | +225,870+117.6% | Added |
| First Trust Advisors LP | 380,272 | $7.41M | 0.01% | −30,559−7.4% | Reduced |
| Macquarie Group Ltd | 369,193 | $7.19M | 0.01% | +1,347+0.4% | Added |
| Renaissance Technologies LLC | 367,868 | $7.17M | 0.01% | +113,686+44.7% | Added |
| SEI Investments Co | 353,513 | $6.89M | 0.01% | +30,019+9.3% | Added |
| Swiss National Bank | 350,600 | $6.83M | 0.01% | −43,200−11.0% | Reduced |
| Credit Suisse AG | 319,571 | $6.23M | 0.01% | +81,682+34.3% | Added |
| Baird Financial Group, Inc. | 288,758 | $5.63M | 0.01% | +21,312+8.0% | Added |
| UBS Asset Management Americas Inc | 288,483 | $5.62M | 0.00% | −21,390−6.9% | Reduced |
| BancorpSouth Bank | 283,413 | $5.52M | 0.45% | +157,734+125.5% | Added |
| North Star Investment Management Corp. | 278,673 | $5.43M | 0.42% | +26,380+10.5% | Added |
| State Board of Administration of Florida Retirement System | 277,091 | $5.40M | 0.01% | 00.0% | Unchanged |
| Legal & General Group Plc | 271,550 | $5.29M | 0.00% | +1,760+0.7% | Added |
| Alliancebernstein L.P. | 270,580 | $5.27M | 0.00% | +54,582+25.3% | Added |
| Dean Investment Associates, LLC | 261,458 | $5.09M | 0.73% | +79,715+43.9% | Added |
| Barclays PLC | 258,866 | $5.04M | 0.00% | +65,149+33.6% | Added |
| Envestnet Asset Management Inc | 247,234 | $4.82M | 0.00% | −10,787−4.2% | Reduced |
| Weiss Multi-Strategy Advisers LLC | 237,410 | $4.63M | 0.12% | +237,410 | New |
| New York State Teachers Retirement System | 230,091 | $4.48M | 0.01% | 00.0% | Unchanged |
| Graham Capital Management, L.P. | 229,846 | $4.48M | 0.14% | +116,212+102.3% | Added |
| American International Group, Inc. | 227,188 | $4.43M | 0.02% | −13,229−5.5% | Reduced |
| Savoir Faire Capital Management, L.P. | 217,810 | $4.24M | 1.84% | +7,283+3.5% | Added |
| Citigroup Inc | 213,611 | $4.16M | 0.01% | +3,893+1.9% | Added |
| Federated Hermes, Inc. | 211,585 | $4.12M | 0.01% | −7,183−3.3% | Reduced |
| Ameriprise Financial Inc | 209,727 | $4.09M | 0.00% | −214,996−50.6% | Reduced |
| TD Asset Management Inc | 205,500 | $4.00M | 0.00% | 00.0% | Unchanged |
| ExodusPoint Capital Management, LP | 189,555 | $3.69M | 0.05% | +99,457+110.4% | Added |
| Creative Planning | 188,520 | $3.67M | 0.01% | +3,036+1.6% | Added |
| California State Teachers Retirement System | 186,794 | $3.64M | 0.01% | −10,112−5.1% | Reduced |
| Great West Life Assurance Co | 175,406 | $3.41M | 0.01% | +25,823+17.3% | Added |
| Fort Pitt Capital Group, LLC | 173,092 | $3.37M | 0.11% | +71,851+71.0% | Added |
| Thrivent Financial for Lutherans | 171,360 | $3.34M | 0.01% | +495+0.3% | Added |
| Advisor Group Holdings, Inc. | 170,960 | $3.33M | 0.01% | −10,640−5.9% | Reduced |
| LPL Financial LLC | 157,123 | $3.06M | 0.00% | +76,261+94.3% | Added |
| Manufacturers Life Insurance Company, The | 147,175 | $2.87M | 0.00% | −6,047−3.9% | Reduced |
| Agf Management Ltd | 146,507 | $2.85M | 0.02% | −3,218−2.1% | Reduced |
| New York State Common Retirement Fund | 142,800 | $2.78M | 0.00% | −11,500−7.5% | Reduced |
| Texas Permanent School Fund | 142,661 | $2.78M | 0.02% | −1,250−0.9% | Reduced |
| Wells Fargo & Company | 137,030 | $2.67M | 0.00% | +17,240+14.4% | Added |
| Gsa Capital Partners LLP | 134,742 | $2.63M | 0.22% | −32,084−19.2% | Reduced |
| Aquatic Capital Management LLC | 134,500 | $2.62M | 0.07% | −138,600−50.8% | Reduced |
| VELA Investment Management, LLC | 132,535 | $2.58M | 1.05% | +33,496+33.8% | Added |
| State of New Jersey Common Pension Fund D | 132,268 | $2.58M | 0.01% | +9,013+7.3% | Added |
| HSBC Holdings PLC | 130,493 | $2.53M | 0.00% | +130,493 | New |
| Captrust Financial Advisors | 126,206 | $2.46M | 0.01% | +12,127+10.6% | Added |
| Verition Fund Management LLC | 118,764 | $2.31M | 0.02% | +76,248+179.3% | Added |
| Citadel Advisors LLC | 118,234 | $2.30M | 0.00% | +48,066+68.5% | Added |
| Gabelli Funds LLC | 117,000 | $2.28M | 0.02% | 00.0% | Unchanged |
| Quantbot Technologies LP | 116,714 | $2.27M | 0.13% | +114,633+5,508.6% | Added |
| Amalgamated Bank | 116,651 | $2.27M | 0.02% | −12,751−9.9% | Reduced |
| Engineers Gate Manager LP | 112,863 | $2.20M | 0.06% | +765+0.7% | Added |
| Mutual of America Capital Management LLC | 103,315 | $2.01M | 0.02% | −6,926−6.3% | Reduced |
| MetLife Investment Management | 101,304 | $1.97M | 0.01% | −3,116−3.0% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 100,116 | $1.95M | 0.01% | +100,116 | New |
| Jane Street Group, LLC | 96,915 | $1.89M | 0.00% | −38,042−28.2% | Reduced |