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 2024
Institutional positions in Wendy's Co as of Dec 31, 2024. 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
- 425
- +38 vs. Q3 2024
- Shares held
- 186.4M
- +8.14M (+4.6%) vs. Q3 2024
- Total value
- $3.04B
- −$84.7M (−2.7%) vs. Q3 2024
- New holders
- 86
- 137 more added
- Sold out
- 48
- 140 more reduced
7 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2024: 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 2024
Shares, value and share of portfolio for each institution holding Wendy's Co; share changes are against Q3 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Trian Fund Management, L.P.SuperinvestorTrian Fund Management | 30,525,029 | $497.6M | 12.82% | +12,4340.0% | Added |
| Vanguard Group Inc | 21,098,155 | $343.9M | 0.01% | −930,189−4.2% | Reduced |
| BlackRock, Inc. | 19,805,914 | $322.8M | 0.01% | +78,012+0.4% | Added |
| AQR Capital Management LLC | 10,421,114 | $169.9M | 0.22% | −699,024−6.3% | Reduced |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 9,249,305 | $150.8M | 0.20% | +160,760+1.8% | Added |
| Charles Schwab Investment Management Inc | 6,303,279 | $102.7M | 0.02% | +458,106+7.8% | Added |
| State Street Corp | 5,458,671 | $89.0M | 0.00% | +271,078+5.2% | Added |
| Squarepoint Ops LLC | 4,976,780 | $81.1M | 0.21% | +1,666,514+50.3% | Added |
| JPMorgan Chase & Co | 4,578,618 | $74.6M | 0.01% | −115,858−2.5% | Reduced |
| Dimensional Fund Advisors LP | 4,033,560 | $65.7M | 0.02% | +43,805+1.1% | Added |
| 1832 Asset Management L.P. | 3,464,600 | $56.5M | 0.10% | +3,464,600 | New |
| Janus Henderson Group PLC | 3,133,832 | $51.1M | 0.03% | +90,380+3.0% | Added |
| Geode Capital Management, LLC | 3,105,186 | $50.6M | 0.00% | +7,350+0.2% | Added |
| Point72 Asset Management, L.P. | 2,959,439 | $48.2M | 0.13% | −3,481,441−54.1% | Reduced |
| Morgan Stanley | 2,705,574 | $44.1M | 0.00% | +570,758+26.7% | Added |
| Bank of New York Mellon Corp | 2,434,859 | $39.7M | 0.01% | −116,476−4.6% | Reduced |
| Royal Bank of Canada | 2,399,675 | $39.1M | 0.01% | −201,853−7.8% | Reduced |
| Millennium Management LLC | 2,066,563 | $33.7M | 0.03% | −678,669−24.7% | Reduced |
| Qube Research & Technologies Ltd | 1,911,324 | $31.2M | 0.05% | +1,637,281+597.5% | Added |
| Invesco Ltd. | 1,882,829 | $30.7M | 0.01% | +1,407,503+296.1% | Added |
| UBS Group AG | 1,824,210 | $29.7M | 0.01% | +1,483,368+435.2% | Added |
| Victory Capital Management Inc | 1,591,281 | $25.9M | 0.03% | +766,910+93.0% | Added |
| Northern Trust Corp | 1,575,420 | $25.7M | 0.00% | +308,142+24.3% | Added |
| Cubist Systematic Strategies, LLC | 1,568,348 | $25.6M | 0.42% | +1,521,527+3,249.7% | Added |
| Arrowstreet Capital, Limited Partnership | 1,223,824 | $19.9M | 0.02% | −592,574−32.6% | Reduced |
| Verition Fund Management LLC | 1,192,325 | $19.4M | 0.10% | +1,139,711+2,166.2% | Added |
| Goldman Sachs Group Inc | 1,185,039 | $19.3M | 0.00% | +578,716+95.4% | Added |
| Massachusetts Financial Services Co | 1,053,355 | $17.2M | 0.01% | −8,348−0.8% | Reduced |
| Trexquant Investment LP | 1,023,182 | $16.7M | 0.19% | +1,023,182 | New |
| Two Sigma Investments, LP | 923,115 | $15.0M | 0.03% | −1,224,618−57.0% | Reduced |
| Allspring Global Investments Holdings, LLC | 898,319 | $14.5M | 0.02% | −4,031,007−81.8% | Reduced |
| Voya Investment Management LLC | 843,645 | $13.8M | 0.01% | −17,268−2.0% | Reduced |
| Jane Street Group, LLC | 826,696 | $13.5M | 0.02% | +678,990+459.7% | Added |
| Assenagon Asset Management S.A. | 819,483 | $13.4M | 0.02% | +819,483 | New |
| Nuveen Asset Management, LLC | 801,536 | $13.1M | 0.00% | +254,443+46.5% | Added |
| California Public Employees Retirement System | 801,070 | $13.1M | 0.01% | +35,016+4.6% | Added |
| Horizon Kinetics Asset Management LLC | 782,621 | $12.8M | 0.16% | −64,895−7.7% | Reduced |
| Gradient Investments LLC | 772,575 | $12.6M | 0.26% | +80,055+11.6% | Added |
| Retirement Systems of Alabama | 712,078 | $11.6M | 0.04% | +811+0.1% | Added |
| Citadel Advisors LLC | 676,734 | $11.0M | 0.01% | +499,119+281.0% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 676,493 | $11.0M | 0.02% | +34,187+5.3% | Added |
| UBS Asset Management Americas Inc | 628,013 | $10.2M | 0.00% | +72,033+13.0% | Added |
| Rhumbline Advisers | 583,148 | $9.51M | 0.01% | −1,112−0.2% | Reduced |
| First Trust Advisors LP | 525,528 | $8.57M | 0.01% | +26,867+5.4% | Added |
| Bank of America Corp | 498,542 | $8.13M | 0.00% | −59,854−10.7% | Reduced |
| ExodusPoint Capital Management, LP | 492,672 | $8.03M | 0.08% | +492,672 | New |
| Federated Hermes, Inc. | 472,256 | $7.70M | 0.02% | −42,468−8.3% | Reduced |
| HRT Financial LP | 465,653 | $7.59M | 0.04% | +422,925+989.8% | Added |
| Two Sigma Advisers, LP | 424,605 | $6.92M | 0.02% | −620,000−59.4% | Reduced |
| FMR LLC | 406,078 | $6.62M | 0.00% | +195,003+92.4% | Added |
| Principal Financial Group Inc | 395,142 | $6.44M | 0.00% | −2,249−0.6% | Reduced |
| Macquarie Group Ltd | 357,937 | $5.83M | 0.01% | −906−0.3% | Reduced |
| Gotham Asset Management, LLC | 347,408 | $5.66M | 0.05% | +256,604+282.6% | Added |
| Alps Advisors Inc | 345,266 | $5.63M | 0.04% | +53,883+18.5% | Added |
| Swiss National Bank | 340,300 | $5.55M | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 310,248 | $5.06M | 0.00% | −66,730−17.7% | Reduced |
| Quantinno Capital Management LP | 297,187 | $4.84M | 0.05% | +187,440+170.8% | Added |
| Legal & General Group Plc | 291,896 | $4.76M | 0.00% | +7,188+2.5% | Added |
| Man Group plc | 284,880 | $4.64M | 0.01% | +284,880 | New |
| Wealth Enhancement Advisory Services, LLC | 279,041 | $4.55M | 0.01% | +128,579+85.5% | Added |
| Advisors Asset Management, Inc. | 271,398 | $4.42M | 0.08% | +62,518+29.9% | Added |
| Ieq Capital, LLC | 268,531 | $4.38M | 0.04% | +184,749+220.5% | Added |
| Norges Bank | 264,911 | $4.32M | 0.00% | −43,290−14.0% | Reduced |
| Kovitz Investment Group Partners, LLC | 263,767 | $4.30M | 0.02% | +248,575+1,636.2% | Added |
| Barclays PLC | 253,256 | $4.13M | 0.00% | +124,496+96.7% | Added |
| BNP Paribas Arbitrage, SA | 250,144 | $4.08M | 0.00% | +221,376+769.5% | Added |
| Bank of Nova Scotia | 237,979 | $3.88M | 0.01% | +217,688+1,072.8% | Added |
| Centiva Capital, LP | 236,318 | $3.85M | 0.15% | +192,898+444.3% | Added |
| Alliancebernstein L.P. | 232,261 | $3.79M | 0.00% | −560.0% | Reduced |
| Neo Ivy Capital Management | 228,432 | $3.72M | 0.75% | +228,432 | New |
| State Board of Administration of Florida Retirement System | 226,768 | $3.70M | 0.01% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 217,638 | $3.55M | 0.00% | +6,065+2.9% | Added |
| New York State Teachers Retirement System | 217,591 | $3.55M | 0.01% | −5,400−2.4% | Reduced |
| Campbell & CO Investment Adviser LLC | 213,517 | $3.48M | 0.27% | +213,517 | New |
| Creative Planning | 204,501 | $3.33M | 0.00% | +1,339+0.7% | Added |
| Cerity Partners LLC | 195,268 | $3.21M | 0.01% | −57,768−22.8% | Reduced |
| Guggenheim Capital LLC | 195,372 | $3.18M | 0.03% | +11,812+6.4% | Added |
| Corebridge Financial, Inc. | 194,735 | $3.17M | 0.02% | −8,164−4.0% | Reduced |
| Nicholas Company, Inc. | 193,600 | $3.16M | 0.05% | −1,560−0.8% | Reduced |
| Amundi | 190,032 | $2.88M | 0.00% | +187,612+7,752.6% | Added |
| Nebula Research & Development LLC | 174,277 | $2.84M | 0.33% | +174,277 | New |
| SEI Investments Co | 173,701 | $2.83M | 0.00% | −218,706−55.7% | Reduced |
| Holocene Advisors, LP | 166,078 | $2.71M | 0.01% | +166,078 | New |
| CWM, LLC | 163,421 | $2.66M | 0.01% | −11,866−6.8% | Reduced |
| California State Teachers Retirement System | 161,645 | $2.63M | 0.00% | −3,268−2.0% | Reduced |
| PEAK6 LLC | 149,668 | $2.44M | 0.10% | +149,668 | New |
| Great West Life Assurance Co | 147,262 | $2.40M | 0.00% | +2,581+1.8% | Added |
| Agf Management Ltd | 140,706 | $2.29M | 0.01% | −42,774−23.3% | Reduced |
| Manufacturers Life Insurance Company, The | 138,958 | $2.27M | 0.00% | −3,069−2.2% | Reduced |
| Captrust Financial Advisors | 135,300 | $2.21M | 0.01% | −4,125−3.0% | Reduced |
| Price T Rowe Associates Inc | 130,320 | $2.13M | 0.00% | −49,022−27.3% | Reduced |
| Quantbot Technologies LP | 128,959 | $2.10M | 0.08% | +66,071+105.1% | Added |
| Mirae Asset Global Investments Co., Ltd. | 123,568 | $2.04M | 0.01% | +22,250+22.0% | Added |
| Engineers Gate Manager LP | 121,691 | $1.98M | 0.03% | +11,326+10.3% | Added |
| Quest Partners LLC | 120,578 | $1.97M | 0.26% | +116,361+2,759.3% | Added |
| Fox Run Management, L.L.C. | 117,845 | $1.92M | 0.35% | +117,845 | New |
| State of New Jersey Common Pension Fund D | 116,491 | $1.90M | 0.01% | −534−0.5% | Reduced |
| LPL Financial LLC | 116,303 | $1.90M | 0.00% | −52,608−31.1% | Reduced |
| State of Wisconsin Investment Board | 111,070 | $1.81M | 0.00% | −8,341−7.0% | Reduced |
| Aquatic Capital Management LLC | 110,326 | $1.80M | 0.05% | −21,374−16.2% | Reduced |