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 2025
Institutional positions in Wendy's Co as of Mar 31, 2025. 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
- 424
- +3 vs. Q4 2024
- Shares held
- 188.4M
- +2.90M (+1.6%) vs. Q4 2024
- Total value
- $2.76B
- −$267.5M (−8.8%) vs. Q4 2024
- New holders
- 73
- 172 more added
- Sold out
- 70
- 113 more reduced
4 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2025
Shares, value and share of portfolio for each institution holding Wendy's Co; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Fox Run Management, L.L.C. | 71,452 | $1.05M | 0.16% | −46,393−39.4% | Reduced |
| Pallas Capital Advisors LLC | 73,261 | $1.07M | 0.04% | +19,749+36.9% | Added |
| XTX Topco Ltd | 74,062 | $1.08M | 0.06% | +74,062 | New |
| AMG National Trust Bank | 75,570 | $1.11M | 0.03% | −75−0.1% | Reduced |
| Merit Financial Group, LLC | 76,235 | $1.12M | 0.02% | +47,795+168.1% | Added |
| Nebula Research & Development LLC | 77,313 | $1.13M | 0.10% | −96,964−55.6% | Reduced |
| State of Tennessee, Treasury Department | 77,805 | $1.14M | 0.00% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 78,164 | $1.14M | 0.00% | +25,735+49.1% | Added |
| Treasurer of the State of North Carolina | 78,920 | $1.16M | 0.00% | +3,070+4.0% | Added |
| Amalgamated Bank | 80,941 | $1.18M | 0.01% | −1,846−2.2% | Reduced |
| Commonwealth Equity Services, LLC | 82,893 | $1.21M | 0.00% | +10,334+14.2% | Added |
| Ensign Peak Advisors, Inc | 83,240 | $1.22M | 0.00% | 00.0% | Unchanged |
| Franklin Resources Inc | 83,805 | $1.23M | 0.00% | +9,563+12.9% | Added |
| Group One Trading, L.P. | 83,882 | $1.23M | 0.05% | +83,882 | New |
| State of Wisconsin Investment Board | 84,946 | $1.24M | 0.00% | −26,124−23.5% | Reduced |
| Eagle Harbor Asset Management Inc | 85,320 | $1.25M | 1.27% | +23,451+37.9% | Added |
| Centiva Capital, LP | 85,642 | $1.25M | 0.07% | −150,676−63.8% | Reduced |
| Mutual of America Capital Management LLC | 88,124 | $1.29M | 0.01% | −2,326−2.6% | Reduced |
| New York State Common Retirement Fund | 88,431 | $1.29M | 0.00% | −13,500−13.2% | Reduced |
| Qsemble Capital Management, LP | 88,961 | $1.30M | 0.14% | +4,714+5.6% | Added |
| KLP Kapitalforvaltning AS | 91,200 | $1.33M | 0.01% | −4,500−4.7% | Reduced |
| Parallax Volatility Advisers, L.P. | 93,966 | $1.37M | 0.04% | +21,806+30.2% | Added |
| Gabelli Funds LLC | 94,000 | $1.38M | 0.01% | −16,000−14.5% | Reduced |
| Captrust Financial Advisors | 97,472 | $1.43M | 0.00% | −37,828−28.0% | Reduced |
| MetLife Investment Management | 98,794 | $1.45M | 0.01% | −1,490−1.5% | Reduced |
| FMR LLC | 98,875 | $1.45M | 0.00% | −307,203−75.7% | Reduced |
| Quest Partners LLC | 106,305 | $1.56M | 0.17% | −14,273−11.8% | Reduced |
| IMC-Chicago, LLC | 107,488 | $1.57M | 0.06% | +46,187+75.3% | Added |
| Headlands Technologies LLC | 109,557 | $1.60M | 0.18% | +105,319+2,485.1% | Added |
| BNP Paribas Arbitrage, SA | 118,015 | $1.73M | 0.00% | −132,129−52.8% | Reduced |
| Aigen Investment Management, LP | 121,334 | $1.78M | 0.28% | +121,334 | New |
| State of New Jersey Common Pension Fund D | 121,362 | $1.78M | 0.01% | +4,871+4.2% | Added |
| Wells Fargo & Company | 123,522 | $1.81M | 0.00% | +23,585+23.6% | Added |
| Bank of Montreal | 123,915 | $1.81M | 0.00% | +29,908+31.8% | Added |
| Barclays PLC | 130,653 | $1.91M | 0.00% | −122,603−48.4% | Reduced |
| Neo Ivy Capital Management | 133,476 | $1.95M | 0.62% | −94,956−41.6% | Reduced |
| Brevan Howard Capital Management LP | 138,635 | $2.03M | 0.06% | +110,668+395.7% | Added |
| Mirae Asset Global Investments Co., Ltd. | 139,538 | $2.04M | 0.01% | +15,970+12.9% | Added |
| Manufacturers Life Insurance Company, The | 139,574 | $2.04M | 0.00% | +616+0.4% | Added |
| FIL Ltd | 140,795 | $2.06M | 0.00% | +140,795 | New |
| Great West Life Assurance Co | 141,463 | $2.07M | 0.00% | −5,799−3.9% | Reduced |
| Ilex Capital Partners (UK) LLP | 142,470 | $2.08M | 0.09% | +142,470 | New |
| Price T Rowe Associates Inc | 146,472 | $2.14M | 0.00% | +16,152+12.4% | Added |
| LPL Financial LLC | 149,925 | $2.19M | 0.00% | +33,622+28.9% | Added |
| California State Teachers Retirement System | 158,768 | $2.32M | 0.00% | −2,877−1.8% | Reduced |
| Cerity Partners LLC | 165,488 | $2.42M | 0.00% | −29,780−15.3% | Reduced |
| Agf Management Ltd | 170,872 | $2.50M | 0.01% | +30,166+21.4% | Added |
| SEI Investments Co | 175,688 | $2.57M | 0.00% | +1,987+1.1% | Added |
| Guggenheim Capital LLC | 180,718 | $2.64M | 0.02% | −14,654−7.5% | Reduced |
| New York State Teachers Retirement System | 185,991 | $2.72M | 0.01% | −31,600−14.5% | Reduced |
| Corebridge Financial, Inc. | 190,065 | $2.78M | 0.02% | −4,670−2.4% | Reduced |
| Simplex Trading, LLC | 190,786 | $2.79M | 0.10% | +172,119+922.0% | Added |
| Intech Investment Management LLC | 192,177 | $2.81M | 0.03% | +153,604+398.2% | Added |
| Rockefeller Capital Management L.P. | 198,640 | $2.91M | 0.01% | +198,640 | New |
| CWM, LLC | 200,375 | $2.93M | 0.01% | +36,954+22.6% | Added |
| Alliancebernstein L.P. | 202,112 | $2.96M | 0.00% | −30,149−13.0% | Reduced |
| Ameriprise Financial Inc | 209,152 | $3.06M | 0.00% | −8,486−3.9% | Reduced |
| Fund 1 Investments, LLC | 215,000 | $3.15M | 0.53% | +215,000 | New |
| Creative Planning | 216,775 | $3.17M | 0.00% | +12,274+6.0% | Added |
| Holocene Advisors, LP | 225,706 | $3.30M | 0.01% | +59,628+35.9% | Added |
| State Board of Administration of Florida Retirement System | 226,768 | $3.32M | 0.01% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 242,864 | $3.55M | 0.09% | +132,538+120.1% | Added |
| Citadel Advisors LLC | 259,686 | $3.80M | 0.00% | −417,048−61.6% | Reduced |
| PEAK6 LLC | 261,696 | $3.83M | 0.15% | +112,028+74.9% | Added |
| Victory Capital Management Inc | 275,398 | $4.03M | 0.00% | −1,315,883−82.7% | Reduced |
| Advisors Asset Management, Inc. | 300,272 | $4.39M | 0.08% | +28,874+10.6% | Added |
| Legal & General Group Plc | 305,850 | $4.47M | 0.00% | +13,954+4.8% | Added |
| Gotham Asset Management, LLC | 315,713 | $4.62M | 0.04% | −31,695−9.1% | Reduced |
| Swiss National Bank | 335,700 | $4.91M | 0.00% | −4,600−1.4% | Reduced |
| Man Group plc | 341,363 | $4.99M | 0.01% | +56,483+19.8% | Added |
| Graham Capital Management, L.P. | 361,891 | $5.29M | 0.17% | +274,692+315.0% | Added |
| Kovitz Investment Group Partners, LLC | 362,601 | $5.30M | 0.03% | +98,834+37.5% | Added |
| Macquarie Group Ltd | 364,654 | $5.33M | 0.01% | +6,717+1.9% | Added |
| Alps Advisors Inc | 372,027 | $5.44M | 0.03% | +26,761+7.8% | Added |
| Principal Financial Group Inc | 396,041 | $5.79M | 0.00% | +899+0.2% | Added |
| Engineers Gate Manager LP | 418,952 | $6.13M | 0.10% | +297,261+244.3% | Added |
| Wealth Enhancement Advisory Services, LLC | 441,383 | $6.46M | 0.01% | +162,342+58.2% | Added |
| Citigroup Inc | 448,515 | $6.56M | 0.00% | +138,267+44.6% | Added |
| Jane Street Group, LLC | 455,103 | $6.66M | 0.01% | −371,593−44.9% | Reduced |
| Cubist Systematic Strategies, LLC | 504,642 | $7.38M | 0.10% | −1,063,706−67.8% | Reduced |
| Ieq Capital, LLC | 569,891 | $8.34M | 0.07% | +301,360+112.2% | Added |
| Sound Income Strategies, LLC | 596,438 | $8.73M | 0.52% | +595,731+84,261.8% | Added |
| Federated Hermes, Inc. | 624,689 | $9.14M | 0.02% | +152,433+32.3% | Added |
| Allspring Global Investments Holdings, LLC | 624,631 | $9.19M | 0.02% | −273,688−30.5% | Reduced |
| UBS Asset Management Americas Inc | 639,085 | $9.35M | 0.00% | +11,072+1.8% | Added |
| Verition Fund Management LLC | 645,400 | $9.44M | 0.05% | −546,925−45.9% | Reduced |
| First Trust Advisors LP | 661,501 | $9.68M | 0.01% | +135,973+25.9% | Added |
| Rhumbline Advisers | 700,472 | $10.2M | 0.01% | +117,324+20.1% | Added |
| Retirement Systems of Alabama | 712,273 | $10.4M | 0.04% | +1950.0% | Added |
| Assenagon Asset Management S.A. | 724,314 | $10.6M | 0.02% | −95,169−11.6% | Reduced |
| Horizon Kinetics Asset Management LLC | 762,174 | $11.2M | 0.13% | −20,447−2.6% | Reduced |
| Quantinno Capital Management LP | 778,463 | $11.4M | 0.07% | +481,276+161.9% | Added |
| Gradient Investments LLC | 787,890 | $11.5M | 0.23% | +15,315+2.0% | Added |
| HRT Financial LP | 807,213 | $11.8M | 0.07% | +341,560+73.4% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 883,559 | $12.9M | 0.03% | +207,066+30.6% | Added |
| Voya Investment Management LLC | 901,799 | $13.2M | 0.01% | +58,154+6.9% | Added |
| California Public Employees Retirement System | 916,719 | $13.4M | 0.01% | +115,649+14.4% | Added |
| Nuveen, LLC | 1,033,264 | $15.1M | 0.00% | +1,033,264 | New |
| Massachusetts Financial Services Co | 1,044,415 | $15.3M | 0.01% | −8,940−0.8% | Reduced |
| Trexquant Investment LP | 1,055,137 | $15.4M | 0.18% | +31,955+3.1% | Added |