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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.

Q3 2025 vs. Q2 2025

How the institutions holding Wendy's Co changed between Q2 2025 and Q3 2025.

All holders in Q3 2025All holders in Q2 2025

13F holders of WEN: Q2 2025 compared with Q3 2025
MeasureQ2 2025Of which not filed for Q3 2025Q3 2025Change
Holders4024403+5
Shares196.6M1.66M181.9M−13.1M (−6.7%)
Value$2.25B$18.9M$1.67B−$561.4M (−25.2%)

4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (72)

Institutions that held Wendy's Co at the end of Q3 2025 but not at the end of Q2 2025.

Institutions new to WEN in Q3 2025
InstitutionSharesValue% of portfolio
Marshall Wace, LLP4,029,742$36.9M0.04%
Squarepoint Ops LLC958,987$8.78M0.02%
Public Sector Pension Investment Board616,967$5.65M0.02%
Two Sigma Advisers, LP412,205$3.78M0.01%
Simplex Trading, LLC219,138$2.01M0.04%
Parallax Volatility Advisers, L.P.201,917$1.85M0.05%
Oak Thistle LLC179,083$1.64M0.25%
Ilex Capital Partners (UK) LLP116,570$1.07M0.03%
Bridgewater Associates, LP97,205$890.4K0.00%
Legacy Capital Group California, Inc.68,881$631.0K0.16%
A&I Financial Services, LLC57,615$545.0K0.27%
Envestnet Asset Management Inc54,415$498.4K0.00%
Entropy Technologies, LP47,159$432.0K0.03%
Evergreen Capital Management LLC39,219$359.2K0.01%
Aaron Wealth Advisors38,937$356.7K0.02%
PVG Asset Management Corp33,725$308.9K1.14%
Sheets Smith Investment Management33,725$308.9K0.20%
Annis Gardner Whiting Capital Advisors, LLC33,495$306.8K0.06%
Maryland State Retirement & Pension System32,583$298.5K0.01%
Boothbay Fund Management, LLC31,449$288.1K0.01%
Requisite Capital Management, LLC29,588$271.0K0.05%
D. E. Shaw & Co., Inc.29,517$270.4K0.00%
Catalytic Wealth RIA, LLC28,060$257.0K0.01%
Pathstone Holdings, LLC27,666$253.4K0.00%
Krilogy Financial LLC24,975$226.8K0.01%
Brinker Capital Investments, LLC22,026$201.8K0.00%
Campbell & CO Investment Adviser LLC21,769$199.4K0.02%
Petrus Trust Company, LTA21,494$196.9K0.02%
Summit Financial, LLC20,846$190.9K0.00%
TCG Advisory Services, LLC20,835$190.8K0.01%
Ballentine Partners, LLC20,610$188.8K0.00%
Drucker Wealth 3.0, LLC20,174$184.8K0.03%
Polymer Capital Management (HK) LTD20,000$183.2K0.03%
Inceptionr LLC19,313$176.9K0.04%
Universal- Beteiligungs- und Servicegesellschaft mbH18,725$171.5K0.00%
Diligent Investors, LLC18,298$167.6K0.04%
Sherbrooke Park Advisers LLC16,316$149.5K0.07%
ISAM Funds (UK) Ltd15,718$144.0K0.03%
Catalyst Funds Management Pty Ltd15,600$142.9K0.02%
Barnett & Company, Inc.15,000$137.4K0.11%
Syon Capital LLC14,740$135.0K0.01%
Quarry LP12,633$115.7K0.03%
Citizens Financial Group Inc12,062$110.5K0.00%
CIBC Asset Management Inc11,923$109.2K0.00%
Coldstream Capital Management Inc11,060$101.3K0.00%
Pitcairn Co10,846$99.3K0.01%
Quadrant Capital Group LLC10,417$95.4K0.00%
Cherokee Insurance Co10,000$91.6K0.04%
Rockefeller Capital Management L.P.8,573$78.5K0.00%
SJS Investment Consulting Inc.5,264$48.2K0.01%
Investors Research Corp3,000$27.5K0.01%
Mather Group, LLC.2,263$20.7K0.00%
Wealthspire Advisors, LLC2,016$18.5K0.00%
Bessemer Group Inc1,840$17.0K0.00%
Salomon & Ludwin, LLC1,600$15.3K0.00%
Quent Capital, LLC912$8.35K0.00%
Atlantic Union Bankshares Corp600$5.50K0.00%
JPL Wealth Management, LLC425$3.89K0.00%
Alerus Financial NA324$2.97K0.00%
Red Tortoise LLC297$2.72K0.00%
Hughes Financial Services, LLC179$1.53K0.00%
National Bank of Canada135$1.23K0.00%
Transamerica Financial Advisors, Inc.122$1.12K0.00%
Avion Wealth203$1.00K0.00%
Heartwood Wealth Advisors LLC108$9890.00%
ZRC Wealth Management, LLC87$7970.00%
Root Financial Partners, LLC83$7600.00%
Binnacle Investments Inc22$2020.00%
MCF Advisors LLC10$920.00%
Cloud Capital Management, LLC1$00.00%
Cornerstone Planning Group LLC111––
Summit Wealth Group LLC5,559––

Sold out (67)

Institutions that held Wendy's Co at the end of Q2 2025 and filed for Q3 2025 without it.

Institutions that sold out of WEN in Q3 2025
InstitutionShares, Q2 2025Value, Q2 2025
Massachusetts Financial Services Co1,032,790$11.8M
Retirement Systems of Alabama954,998$10.9M
Mirae Asset Global ETFs Holdings Ltd.932,711$10.7M
Gradient Investments LLC836,626$9.55M
JCP Investment Management, LLC756,927$8.64M
Allspring Global Investments Holdings, LLC631,500$7.50M
California Public Employees Retirement System602,943$6.89M
Trexquant Investment LP532,413$6.08M
HRT Financial LP391,514$4.47M
Macquarie Group Ltd361,084$4.12M
Capstone Investment Advisors, LLC249,277$2.85M
Blueshift Asset Management, LLC212,603$2.43M
Schonfeld Strategic Advisors LLC145,375$1.66M
Freestone Grove Partners LP130,456$1.49M
Headlands Technologies LLC87,474$999.0K
State of Tennessee, Treasury Department77,805$888.5K
Virtu Financial LLC75,524$862.0K
Mattson Financial Services, LLC65,709$750.4K
Aigen Investment Management, LP62,181$710.1K
Occudo Quantitative Strategies LP60,839$694.8K
PEAK6 LLC56,906$649.9K
Axq Capital, LP54,788$625.7K
Jain Global LLC52,400$598.4K
McDonald Partners LLC45,654$521.5K
AdvisorShares Investments LLC40,100$457.9K
State of Michigan Retirement System38,785$442.9K
Northwestern Mutual Investment Management Company, LLC36,015$411.3K
New Mexico Educational Retirement Board34,800$397.0K
Ameritas Investment Partners, Inc.31,318$357.7K
Point72 (DIFC) Ltd30,172$344.6K
Brown Financial Advisors29,908$341.5K
Farringdon Capital, Ltd.28,256$322.7K
Copley Financial Group, Inc.26,194$299.1K
Gsa Capital Partners LLP26,060$298.0K
FORA Capital, LLC25,437$290.5K
Stephens Inc19,265$220.0K
Sigma Planning Corp18,004$205.6K
Park Avenue Securities LLC17,944$205.0K
Paloma Partners Management Co17,500$199.8K
Regions Financial Corp17,471$199.5K
Frank, Rimerman Advisors LLC16,056$183.4K
MQS Management LLC14,102$161.0K
Securian Asset Management, Inc12,284$140.3K
Oxford Asset Management LLP11,462$130.9K
Foundations Investment Advisors, LLC11,329$129.4K
Financial Advocates Investment Management10,936$124.9K
Paladin Wealth, LLC10,895$124.4K
GW Henssler & Associates Ltd10,703$122.2K
Marex Group plc10,568$120.7K
SCS Capital Management LLC10,155$116.0K
Mount Yale Investment Advisors, LLC2,167$24.7K
Thurston, Springer, Miller, Herd & Titak, Inc.2,100$24.0K
Geneos Wealth Management Inc.1,795$20.5K
Alpine Bank Wealth Management1,637$18.7K
S.A. Mason LLC1,600$18.3K
High Note Wealth, LLC1,214$13.9K
LRI Investments, LLC1,200$13.7K
Skopos Labs, Inc.1,085$12.4K
Bayforest Capital Ltd662$7.56K
Ameritas Advisory Services, LLC361$4.13K
Avalon Trust Co284$3.24K
Park Square Financial Group, LLC120$1.37K
Sachetta, LLC113$1.29K
Total Investment Management Inc17$192
Optiver Holding B.V.16$183
Rialto Wealth Management, LLC3$35
Newbridge Financial Services Group, Inc.1$11

Not filed for Q3 2025 yet (4)

Institutions that held Wendy's Co at the end of Q2 2025 and haven't filed a 13F for Q3 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding WEN in Q2 2025 that haven't filed for Q3 2025
InstitutionShares, Q2 2025Value, Q2 2025
Norges Bank1,657,531$18.9M
First Horizon Advisors, Inc.69$787
Parkworth Wealth Management, Inc.27$308
Safe Harbor Fiduciary, LLC8$91