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 |
|---|---|---|---|---|---|
| Captrust Financial Advisors | 97,472 | $1.43M | 0.00% | −37,828−28.0% | Reduced |
| Gabelli Funds LLC | 94,000 | $1.38M | 0.01% | −16,000−14.5% | Reduced |
| Parallax Volatility Advisers, L.P. | 93,966 | $1.37M | 0.04% | +21,806+30.2% | Added |
| KLP Kapitalforvaltning AS | 91,200 | $1.33M | 0.01% | −4,500−4.7% | Reduced |
| Qsemble Capital Management, LP | 88,961 | $1.30M | 0.14% | +4,714+5.6% | Added |
| New York State Common Retirement Fund | 88,431 | $1.29M | 0.00% | −13,500−13.2% | Reduced |
| Mutual of America Capital Management LLC | 88,124 | $1.29M | 0.01% | −2,326−2.6% | Reduced |
| Centiva Capital, LP | 85,642 | $1.25M | 0.07% | −150,676−63.8% | Reduced |
| Eagle Harbor Asset Management Inc | 85,320 | $1.25M | 1.27% | +23,451+37.9% | Added |
| State of Wisconsin Investment Board | 84,946 | $1.24M | 0.00% | −26,124−23.5% | Reduced |
| Group One Trading, L.P. | 83,882 | $1.23M | 0.05% | +83,882 | New |
| Franklin Resources Inc | 83,805 | $1.23M | 0.00% | +9,563+12.9% | Added |
| Ensign Peak Advisors, Inc | 83,240 | $1.22M | 0.00% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 82,893 | $1.21M | 0.00% | +10,334+14.2% | Added |
| Amalgamated Bank | 80,941 | $1.18M | 0.01% | −1,846−2.2% | Reduced |
| Treasurer of the State of North Carolina | 78,920 | $1.16M | 0.00% | +3,070+4.0% | Added |
| Mercer Global Advisors Inc | 78,164 | $1.14M | 0.00% | +25,735+49.1% | Added |
| State of Tennessee, Treasury Department | 77,805 | $1.14M | 0.00% | 00.0% | Unchanged |
| Nebula Research & Development LLC | 77,313 | $1.13M | 0.10% | −96,964−55.6% | Reduced |
| Merit Financial Group, LLC | 76,235 | $1.12M | 0.02% | +47,795+168.1% | Added |
| AMG National Trust Bank | 75,570 | $1.11M | 0.03% | −75−0.1% | Reduced |
| XTX Topco Ltd | 74,062 | $1.08M | 0.06% | +74,062 | New |
| Pallas Capital Advisors LLC | 73,261 | $1.07M | 0.04% | +19,749+36.9% | Added |
| Fox Run Management, L.L.C. | 71,452 | $1.05M | 0.16% | −46,393−39.4% | Reduced |
| BW Gestao de Investimentos Ltda. | 69,000 | $1.01M | 0.11% | 00.0% | Unchanged |
| Oak Thistle LLC | 68,073 | $995.9K | 0.20% | +36,399+114.9% | Added |
| ISAM Funds (UK) Ltd | 66,391 | $971.3K | 0.48% | +52,843+390.0% | Added |
| HighTower Advisors, LLC | 63,782 | $933.1K | 0.00% | −5,355−7.7% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 62,483 | $914.1K | 0.01% | 00.0% | Unchanged |
| Mariner, LLC | 62,226 | $910.4K | 0.00% | +31,156+100.3% | Added |
| Thrivent Financial for Lutherans | 57,256 | $909.0K | 0.00% | −144−0.3% | Reduced |
| Aster Capital Management (DIFC) Ltd | 57,372 | $889.3K | 0.16% | +57,372 | New |
| Mattson Financial Services, LLC | 59,937 | $876.9K | 0.26% | +9,314+18.4% | Added |
| SG Americas Securities, LLC | 59,685 | $873.0K | 0.00% | +43,284+263.9% | Added |
| Kimelman & Baird, LLC | 58,878 | $861.4K | 0.07% | 00.0% | Unchanged |
| Neuberger Berman Group LLC | 58,160 | $850.9K | 0.00% | +6,464+12.5% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 57,679 | $843.8K | 0.00% | +57,679 | New |
| Public Employees Retirement System of Ohio | 56,843 | $831.6K | 0.00% | −5,778−9.2% | Reduced |
| Teachers Retirement System of the State of Kentucky | 56,591 | $828.0K | 0.01% | 00.0% | Unchanged |
| Cetera Investment Advisers | 56,567 | $827.6K | 0.00% | +15,060+36.3% | Added |
| Buckingham Strategic Partners | 55,554 | $812.8K | 0.01% | +45,360+445.0% | Added |
| Northwestern Mutual Wealth Management Co | 54,189 | $792.8K | 0.00% | +42,023+345.4% | Added |
| Quinn Opportunity Partners LLC | 54,000 | $790.0K | 0.06% | +10,000+22.7% | Added |
| Colony Group, LLC | 53,538 | $783.3K | 0.00% | −5,705−9.6% | Reduced |
| Exchange Traded Concepts, LLC | 52,226 | $764.1K | 0.01% | +8,170+18.5% | Added |
| Raymond James Financial Inc | 51,076 | $747.2K | 0.00% | +542+1.1% | Added |
| Toroso Investments, LLC | 50,721 | $742.0K | 0.01% | +35,318+229.3% | Added |
| American Century Companies Inc | 50,383 | $737.1K | 0.00% | +14,955+42.2% | Added |
| Arizona State Retirement System | 49,669 | $726.7K | 0.00% | −455−0.9% | Reduced |
| Advisory Services Network, LLC | 48,579 | $710.7K | 0.01% | +21,763+81.2% | Added |
| Louisiana State Employees Retirement System | 48,000 | $702.2K | 0.01% | +500+1.1% | Added |
| Edgestream Partners, L.P. | 47,866 | $700.3K | 0.02% | −41,043−46.2% | Reduced |
| McDonald Partners LLC | 47,165 | $690.1K | 0.18% | −696−1.5% | Reduced |
| Freestone Grove Partners LP | 45,643 | $667.8K | 0.01% | +7,479+19.6% | Added |
| CAPROCK Group, Inc. | 44,265 | $647.6K | 0.02% | +44,265 | New |
| Advisor Group Holdings, Inc. | 43,830 | $641.3K | 0.00% | −39,221−47.2% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 42,838 | $626.7K | 0.00% | 00.0% | Unchanged |
| CI Private Wealth, LLC | 42,528 | $622.2K | 0.00% | +13,373+45.9% | Added |
| Shufro Rose & Co LLC | 41,684 | $609.8K | 0.05% | −11,150−21.1% | Reduced |
| Yousif Capital Management, LLC | 41,457 | $606.5K | 0.01% | −1,243−2.9% | Reduced |
| State of Michigan Retirement System | 40,985 | $599.6K | 0.00% | +400+1.0% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 40,929 | $598.8K | 0.00% | +3,112+8.2% | Added |
| Point72 (DIFC) Ltd | 40,187 | $587.9K | 0.06% | +6,949+20.9% | Added |
| Janney Montgomery Scott LLC | 39,844 | $583.0K | 0.00% | +29,768+295.4% | Added |
| Summit Trail Advisors, LLC | 39,444 | $577.1K | 0.02% | +20,704+110.5% | Added |
| Northwestern Mutual Investment Management Company, LLC | 38,070 | $557.0K | 0.01% | +150.0% | Added |
| Cullen Investment Group, Ltd. | 38,058 | $556.8K | 0.08% | −4,810−11.2% | Reduced |
| Allianz Asset Management GmbH | 37,720 | $551.8K | 0.00% | +37,720 | New |
| NCM Capital Management, LLC | 37,695 | $551.5K | 0.25% | 00.0% | Unchanged |
| Truist Financial Corp | 37,047 | $542.0K | 0.00% | +582+1.6% | Added |
| Comerica Bank | 36,503 | $534.0K | 0.00% | +10.0% | Added |
| New Mexico Educational Retirement Board | 34,800 | $509.0K | 0.02% | 00.0% | Unchanged |
| Oregon Public Employees Retirement Fund | 34,728 | $508.1K | 0.01% | −100−0.3% | Reduced |
| Ameritas Investment Partners, Inc. | 34,297 | $501.8K | 0.02% | 00.0% | Unchanged |
| Sig Brokerage, LP | 32,740 | $479.0K | 0.14% | +32,740 | New |
| Handelsbanken Fonder AB | 30,257 | $443.0K | 0.00% | 00.0% | Unchanged |
| Dark Forest Capital Management LP | 29,835 | $436.5K | 0.02% | +11,888+66.2% | Added |
| Teacher Retirement System of Texas | 29,823 | $436.3K | 0.00% | +1,974+7.1% | Added |
| Cambridge Investment Research Advisors, Inc. | 29,525 | $432.0K | 0.00% | −5,928−16.7% | Reduced |
| R Squared Ltd | 28,890 | $422.7K | 0.45% | +12,108+72.1% | Added |
| Shelton Capital Management | 28,838 | $421.9K | 0.01% | 00.0% | Unchanged |
| Brown Financial Advisors | 28,569 | $418.0K | 0.17% | +1,585+5.9% | Added |
| Deutsche Bank AG | 28,480 | $416.7K | 0.00% | −10,592−27.1% | Reduced |
| Boyar Asset Management Inc. | 27,872 | $407.8K | 0.30% | −1,615−5.5% | Reduced |
| Xponance, Inc. | 27,665 | $404.7K | 0.00% | +340+1.2% | Added |
| Concurrent Investment Advisors, LLC | 27,240 | $398.5K | 0.01% | +27,240 | New |
| Pictet Asset Management Holding SA | 27,099 | $396.5K | 0.00% | +4,849+21.8% | Added |
| CSS LLC | 26,863 | $393.0K | 0.03% | +26,863 | New |
| Copley Financial Group, Inc. | 26,578 | $388.8K | 0.30% | +525+2.0% | Added |
| Ballentine Partners, LLC | 26,519 | $388.0K | 0.01% | +26,519 | New |
| 111 Capital | 26,233 | $383.8K | 0.07% | +26,233 | New |
| Ascent Group, LLC | 25,499 | $373.1K | 0.02% | −4,512−15.0% | Reduced |
| Petrus Trust Company, LTA | 25,468 | $372.6K | 0.03% | +25,468 | New |
| Virtu Financial LLC | 25,305 | $370.0K | 0.02% | −3,102−10.9% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 25,049 | $366.5K | 0.00% | +25,049 | New |
| Kingsview Wealth Management, LLC | 24,700 | $361.4K | 0.01% | +24,700 | New |
| Diametric Capital, LP | 24,197 | $354.0K | 0.42% | +24,197 | New |
| SummitTX Capital, L.P. | 24,061 | $352.0K | 0.02% | +24,061 | New |
| Versant Capital Management, Inc | 23,809 | $348.3K | 0.06% | +22,101+1,294.0% | Added |
| Kestra Private Wealth Services, LLC | 23,659 | $346.1K | 0.01% | +133+0.6% | Added |