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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, Q2 2025

Institutional positions in Wendy's Co as of Jun 30, 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
402
−20 vs. Q1 2025
Shares held
196.6M
+8.23M (+4.4%) vs. Q1 2025
Total value
$2.25B
−$509.7M (−18.5%) vs. Q1 2025
New holders
63
165 more added
Sold out
83
118 more reduced

2 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 402 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 heldQ2 2025: $2.25B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Wendy's Co; share changes are against Q1 2025.

Institutions holding WEN in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc21,257,705$242.8M0.00%−376,521−1.7%Reduced
Trian Fund Management, L.P.SuperinvestorTrian Fund Management30,434,794$347.6M9.17%+11,1110.0%Added
Assenagon Asset Management S.A.0$00.00%−724,314−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−361,891−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−242,864−100.0%Sold out
Fund 1 Investments, LLC0$00.00%−215,000−100.0%Sold out
Rockefeller Capital Management L.P.0$00.00%−198,640−100.0%Sold out
Simplex Trading, LLC0$00.00%−190,786−100.0%Sold out
Corebridge Financial, Inc.0$00.00%−190,065−100.0%Sold out
Ilex Capital Partners (UK) LLP0$00.00%−142,470−100.0%Sold out
Neo Ivy Capital Management0$00.00%−133,476−100.0%Sold out
State of New Jersey Common Pension Fund D0$00.00%−121,362−100.0%Sold out
Parallax Volatility Advisers, L.P.0$00.00%−93,966−100.0%Sold out
Qsemble Capital Management, LP0$00.00%−88,961−100.0%Sold out
Centiva Capital, LP0$00.00%−85,642−100.0%Sold out
Nebula Research & Development LLC0$00.00%−77,313−100.0%Sold out
AMG National Trust Bank0$00.00%−75,570−100.0%Sold out
BW Gestao de Investimentos Ltda.0$00.00%−69,000−100.0%Sold out
Oak Thistle LLC0$00.00%−68,073−100.0%Sold out
ISAM Funds (UK) Ltd0$00.00%−66,391−100.0%Sold out
Edgestream Partners, L.P.0$00.00%−47,866−100.0%Sold out
Allianz Asset Management GmbH0$00.00%−37,720−100.0%Sold out
Sig Brokerage, LP0$00.00%−32,740−100.0%Sold out
R Squared Ltd0$00.00%−28,890−100.0%Sold out
Ballentine Partners, LLC0$00.00%−26,519−100.0%Sold out
111 Capital0$00.00%−26,233−100.0%Sold out
Petrus Trust Company, LTA0$00.00%−25,468−100.0%Sold out
Universal- Beteiligungs- und Servicegesellschaft mbH0$00.00%−25,049−100.0%Sold out
Kingsview Wealth Management, LLC0$00.00%−24,700−100.0%Sold out
Diametric Capital, LP0$00.00%−24,197−100.0%Sold out
Numerai GP LLC0$00.00%−23,409−100.0%Sold out
Inceptionr LLC0$00.00%−22,427−100.0%Sold out
Sivia Capital Partners, LLC0$00.00%−22,251−100.0%Sold out
Elo Mutual Pension Insurance Co0$00.00%−22,221−100.0%Sold out
Simon Quick Advisors, LLC0$00.00%−21,662−100.0%Sold out
Asset Management One Co.,Ltd.0$00.00%−21,633−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−21,175−100.0%Sold out
Advisor Resource Council0$00.00%−19,122−100.0%Sold out
Evergreen Capital Management LLC0$00.00%−18,010−100.0%Sold out
Natixis Advisors, L.P.0$00.00%−17,937−100.0%Sold out
Sherbrooke Park Advisers LLC0$00.00%−17,074−100.0%Sold out
Prosperity Consulting Group, LLC0$00.00%−16,856−100.0%Sold out
Total Wealth Planning & Management, Inc.0$00.00%−16,100−100.0%Sold out
Syon Capital LLC0$00.00%−15,559−100.0%Sold out
Cresset Asset Management, LLC0$00.00%−15,380−100.0%Sold out
Pathstone Holdings, LLC0$00.00%−14,544−100.0%Sold out
Quadrant Capital Group LLC0$00.00%−14,101−100.0%Sold out
Catalyst Funds Management Pty Ltd0$00.00%−13,604−100.0%Sold out
Two Sigma Securities, LLC0$00.00%−12,519−100.0%Sold out
My Legacy Advisors, LLC0$00.00%−12,060−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−11,124−100.0%Sold out
United Services Automobile Association0$00.00%−11,021−100.0%Sold out
Independent Advisor Alliance0$00.00%−11,019−100.0%Sold out
Global Assets Advisory, LLC0$00.00%−12,000−100.0%Sold out
Claro Advisors LLC0$00.00%−10,887−100.0%Sold out
NorthCrest Asset Manangement, LLC0$00.00%−10,873−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−10,155−100.0%Sold out
Quarry LP0$00.00%−8,405−100.0%Sold out
Canada Pension Plan Investment Board0$00.00%−4,400−100.0%Sold out
Peoples Bank0$00.00%−3,679−100.0%Sold out
Continuum Advisory, LLC0$00.00%−3,284−100.0%Sold out
Hexagon Capital Partners LLC0$00.00%−2,910−100.0%Sold out
Amundi0$00.00%−2,420−100.0%Sold out
Mather Group, LLC.0$00.00%−2,263−100.0%Sold out
Strategic Investment Solutions, Inc.0$00.00%−1,650−100.0%Sold out
Centerpoint Advisors, LLC0$00.00%−1,000−100.0%Sold out
Quent Capital, LLC0$00.00%−967−100.0%Sold out
Optimum Investment Advisors0$00.00%−800−100.0%Sold out
Clear Street Markets LLC0$00.00%−400−100.0%Sold out
GeoWealth Management, LLC0$00.00%−334−100.0%Sold out
Bessemer Group Inc0$00.00%−175−100.0%Sold out
Ronald Blue Trust, Inc.0$00.00%−189−100.0%Sold out
Twin Tree Management, LP0$00.00%−181−100.0%Sold out
Blue Bell Private Wealth Management, LLC0$00.00%−157−100.0%Sold out
New Millennium Group LLC0$00.00%−93−100.0%Sold out
Boston Private Wealth LLC0$00.00%−41−100.0%Sold out
Cornerstone Planning Group LLC0$00.00%−40−100.0%Sold out
Global Financial Private Client, LLC0$00.00%−32−100.0%Sold out
SJS Investment Consulting Inc.0$00.00%−30−100.0%Sold out
Binnacle Investments Inc0$00.00%−22−100.0%Sold out
Laurel Wealth Advisors LLC0$00.00%−15−100.0%Sold out
SOA Wealth Advisors, LLC.0$00.00%−12−100.0%Sold out
Greenline Partners, LLC0$00.00%−5−100.0%Sold out
Burkett Financial Services, LLC0$00.00%0Sold out
McClarren Financial Advisors, Inc.0$00.00%−14−100.0%Sold out
CAPROCK Group, Inc.––––Not filed
Lindbrook Capital, LLC––––Not filed