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, Q3 2025
Institutional positions in Wendy's Co as of Sep 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
- 403
- +5 vs. Q2 2025
- Shares held
- 181.9M
- −13.1M (−6.7%) vs. Q2 2025
- Total value
- $1.67B
- −$561.4M (−25.2%) vs. Q2 2025
- New holders
- 72
- 137 more added
- Sold out
- 67
- 126 more reduced
4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| 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, Q3 2025
Shares, value and share of portfolio for each institution holding Wendy's Co; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital Advisors, Ltd. LLC | 2 | $0 | 0.00% | −249−99.2% | Reduced |
| Hemington Wealth Management | 47 | $0 | 0.00% | −110−70.1% | Reduced |
| GW&K Investment Management, LLC | 1 | $0 | 0.00% | 00.0% | Unchanged |
| Cloud Capital Management, LLC | 1 | $0 | 0.00% | +1 | New |
| JFS Wealth Advisors, LLC | 2 | $19 | 0.00% | −32−94.1% | Reduced |
| Bay Harbor Wealth Management, LLC | 4 | $36 | 0.00% | −8−66.7% | Reduced |
| HFM Investment Advisors, LLC | 6 | $55 | 0.00% | −5−45.5% | Reduced |
| Scarborough Advisors, LLC | 10 | $88 | 0.00% | +1+11.1% | Added |
| Rothschild Investment LLC | 10 | $92 | 0.00% | 00.0% | Unchanged |
| MCF Advisors LLC | 10 | $92 | 0.00% | +10 | New |
| Smallwood Wealth Investment Management, LLC | 12 | $109 | 0.00% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 20 | $184 | 0.00% | −177−89.8% | Reduced |
| Binnacle Investments Inc | 22 | $202 | 0.00% | +22 | New |
| IAG Wealth Partners, LLC | 27 | $247 | 0.00% | 00.0% | Unchanged |
| Trust Co of Vermont | 45 | $412 | 0.00% | 00.0% | Unchanged |
| Fortitude Family Office, LLC | 46 | $421 | 0.00% | 00.0% | Unchanged |
| Bare Financial Services, Inc | 49 | $449 | 0.00% | −60−55.0% | Reduced |
| TD Capital Management LLC | 50 | $458 | 0.00% | 00.0% | Unchanged |
| 1620 Investment Advisors, Inc. | 50 | $458 | 0.00% | 00.0% | Unchanged |
| Smartleaf Asset Management LLC | 52 | $474 | 0.00% | −17−24.6% | Reduced |
| South State Corp. | 60 | $550 | 0.00% | +40+200.0% | Added |
| American Capital Advisory, LLC | 72 | $660 | 0.00% | +1+1.4% | Added |
| Root Financial Partners, LLC | 83 | $760 | 0.00% | +83 | New |
| ZRC Wealth Management, LLC | 87 | $797 | 0.00% | +87 | New |
| Heartwood Wealth Advisors LLC | 108 | $989 | 0.00% | +108 | New |
| Avion Wealth | 203 | $1.00K | 0.00% | +203 | New |
| Transamerica Financial Advisors, Inc. | 122 | $1.12K | 0.00% | +122 | New |
| UMA Financial Services, Inc. | 131 | $1.20K | 0.00% | +93+244.7% | Added |
| National Bank of Canada | 135 | $1.23K | 0.00% | +135 | New |
| Bruce G. Allen Investments, LLC | 139 | $1.27K | 0.00% | +125+892.9% | Added |
| Hughes Financial Services, LLC | 179 | $1.53K | 0.00% | +179 | New |
| Bell Investment Advisors, Inc | 188 | $1.72K | 0.00% | +106+129.3% | Added |
| First Community Trust NA | 200 | $1.83K | 0.00% | 00.0% | Unchanged |
| Nalls Sherbakoff Group, LLC | 212 | $1.94K | 0.00% | 00.0% | Unchanged |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 213 | $1.95K | 0.00% | 00.0% | Unchanged |
| MV Capital Management, Inc. | 222 | $2.03K | 0.00% | +141+174.1% | Added |
| Abound Wealth Management | 226 | $2.07K | 0.00% | 00.0% | Unchanged |
| St Germain D J Co Inc | 285 | $2.61K | 0.00% | 00.0% | Unchanged |
| Princeton Global Asset Management LLC | 285 | $2.61K | 0.00% | 00.0% | Unchanged |
| N.E.W. Advisory Services LLC | 288 | $2.64K | 0.00% | 00.0% | Unchanged |
| Red Tortoise LLC | 297 | $2.72K | 0.00% | +297 | New |
| Rossby Financial, LCC | 310 | $2.93K | 0.00% | 00.0% | Unchanged |
| Alerus Financial NA | 324 | $2.97K | 0.00% | +324 | New |
| Ogorek Anthony Joseph | 425 | $3.00K | 0.00% | 00.0% | Unchanged |
| NBT Bank N A | 9 | $3.29K | 0.00% | −345−97.5% | Reduced |
| GoalVest Advisory LLC | 365 | $3.34K | 0.00% | 00.0% | Unchanged |
| Harbor Investment Advisory, LLC | 375 | $3.44K | 0.00% | 00.0% | Unchanged |
| Spire Wealth Management | 399 | $3.65K | 0.00% | +268+204.6% | Added |
| Private Trust Co NA | 400 | $3.66K | 0.00% | 00.0% | Unchanged |
| Financial Management Professionals, Inc. | 425 | $3.89K | 0.00% | 00.0% | Unchanged |
| JPL Wealth Management, LLC | 425 | $3.89K | 0.00% | +425 | New |
| Atlantic Trust, LLC | 429 | $3.93K | 0.00% | 00.0% | Unchanged |
| Crewe Advisors LLC | 440 | $4.03K | 0.00% | +206+88.0% | Added |
| McIlrath & Eck, LLC | 476 | $4.36K | 0.00% | 00.0% | Unchanged |
| Stone House Investment Management, LLC | 505 | $4.63K | 0.00% | 00.0% | Unchanged |
| Crews Bank & Trust | 531 | $4.86K | 0.00% | 00.0% | Unchanged |
| Indiana Trust & Investment Management CO | 541 | $4.96K | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 563 | $5.16K | 0.00% | −981−63.5% | Reduced |
| Atlantic Union Bankshares Corp | 600 | $5.50K | 0.00% | +600 | New |
| Creative Financial Designs Inc | 626 | $5.73K | 0.00% | −426−40.5% | Reduced |
| Principal Securities, Inc. | 676 | $6.19K | 0.00% | −91−11.9% | Reduced |
| Caitong International Asset Management Co., Ltd | 706 | $6.47K | 0.00% | +688+3,822.2% | Added |
| TD Waterhouse Canada Inc. | 700 | $6.63K | 0.00% | +100+16.7% | Added |
| Pittenger & Anderson Inc | 750 | $6.87K | 0.00% | 00.0% | Unchanged |
| Rise Advisors, LLC | 753 | $6.90K | 0.00% | +10+1.3% | Added |
| Medallion Wealth Advisors, LLC | 800 | $7.33K | 0.00% | −800−50.0% | Reduced |
| Joseph Group Capital Management | 908 | $8.32K | 0.00% | 00.0% | Unchanged |
| Quent Capital, LLC | 912 | $8.35K | 0.00% | +912 | New |
| CoreCap Advisors, LLC | 1,000 | $9.16K | 0.00% | −250−20.0% | Reduced |
| Nomura Asset Management Co Ltd | 1,000 | $9.16K | 0.00% | 00.0% | Unchanged |
| Bangor Savings Bank | 1,000 | $9.16K | 0.00% | 00.0% | Unchanged |
| Cullen/Frost Bankers, Inc. | 1,076 | $9.86K | 0.00% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 1,095 | $10.0K | 0.00% | −277−20.2% | Reduced |
| Hillsdale Investment Management Inc. | 1,100 | $10.1K | 0.00% | 00.0% | Unchanged |
| Spurstone Advisory Services, LLC | 1,200 | $11.0K | 0.16% | +600+100.0% | Added |
| Farmers & Merchants Investments Inc | 1,212 | $11.1K | 0.00% | +8+0.7% | Added |
| First United Bank Trust | 1,233 | $11.3K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 1,297 | $11.9K | 0.00% | −442−25.4% | Reduced |
| Danske Bank A/S | 1,300 | $11.9K | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 1,302 | $11.9K | 0.00% | −160−10.9% | Reduced |
| Harbour Investments, Inc. | 1,392 | $12.8K | 0.00% | +1,384+17,300.0% | Added |
| Northwestern Mutual Wealth Management Co | 1,411 | $12.9K | 0.00% | −19,087−93.1% | Reduced |
| Motco | 1,417 | $13.0K | 0.00% | 00.0% | Unchanged |
| Fifth Third Bancorp | 1,467 | $13.4K | 0.00% | −316−17.7% | Reduced |
| Field & Main Bank | 1,500 | $13.7K | 0.00% | 00.0% | Unchanged |
| Salomon & Ludwin, LLC | 1,600 | $15.3K | 0.00% | +1,600 | New |
| Harvest Fund Management Co., Ltd | 1,075 | $16.0K | 0.00% | 00.0% | Unchanged |
| CX Institutional | 1,825 | $17.0K | 0.00% | 00.0% | Unchanged |
| Bessemer Group Inc | 1,840 | $17.0K | 0.00% | +1,840 | New |
| Wealthspire Advisors, LLC | 2,016 | $18.5K | 0.00% | +2,016 | New |
| Hazlett, Burt & Watson, Inc. | 2,125 | $19.0K | 0.01% | 00.0% | Unchanged |
| Global Retirement Partners, LLC | 2,235 | $20.5K | 0.00% | +92+4.3% | Added |
| Mather Group, LLC. | 2,263 | $20.7K | 0.00% | +2,263 | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 2,434 | $22.0K | 0.00% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 2,710 | $24.8K | 0.00% | +83+3.2% | Added |
| Pflug Koory, LLC | 2,805 | $25.7K | 0.01% | 00.0% | Unchanged |
| Richardson Financial Services Inc. | 2,895 | $26.5K | 0.02% | −1,515−34.4% | Reduced |
| Investors Research Corp | 3,000 | $27.5K | 0.01% | +3,000 | New |
| Bartlett & Co. Wealth Management LLC | 3,107 | $28.5K | 0.00% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 3,167 | $29.0K | 0.00% | +3,151+19,693.8% | Added |