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 |
|---|---|---|---|---|---|
| Massmutual Trust Co FSB | 3,257 | $29.8K | 0.00% | +2,189+205.0% | Added |
| Steward Partners Investment Advisory, LLC | 3,467 | $31.8K | 0.00% | −550−13.7% | Reduced |
| STRS Ohio | 3,827 | $35.1K | 0.00% | −82−2.1% | Reduced |
| True Wealth Design, LLC | 4,689 | $43.0K | 0.01% | +595+14.5% | Added |
| IFP Advisors, Inc | 4,764 | $43.6K | 0.00% | −2,877−37.7% | Reduced |
| SJS Investment Consulting Inc. | 5,264 | $48.2K | 0.01% | +5,264 | New |
| Farther Finance Advisors, LLC | 5,400 | $49.5K | 0.00% | +4,539+527.2% | Added |
| Sterling Capital Management LLC | 5,686 | $52.1K | 0.00% | −378−6.2% | Reduced |
| DekaBank Deutsche Girozentrale | 5,920 | $54.0K | 0.00% | 00.0% | Unchanged |
| MetLife Investment Management | 5,974 | $54.7K | 0.00% | −84,168−93.4% | Reduced |
| KBC Group NV | 6,196 | $57.0K | 0.00% | +2,848+85.1% | Added |
| The PNC Financial Services Group, Inc. | 6,683 | $61.2K | 0.00% | −967−12.6% | Reduced |
| Signaturefd, LLC | 6,721 | $61.6K | 0.00% | +1,385+26.0% | Added |
| Parallel Advisors, LLC | 7,519 | $68.9K | 0.00% | +273+3.8% | Added |
| Security National Bank | 7,962 | $72.9K | 0.01% | +4,010+101.5% | Added |
| Rockefeller Capital Management L.P. | 8,573 | $78.5K | 0.00% | +8,573 | New |
| Covestor Ltd | 8,611 | $79.0K | 0.04% | +3,034+54.4% | Added |
| MAI Capital Management | 9,331 | $85.5K | 0.00% | −74−0.8% | Reduced |
| LSV Asset Management | 9,800 | $90.0K | 0.00% | 00.0% | Unchanged |
| Cherokee Insurance Co | 10,000 | $91.6K | 0.04% | +10,000 | New |
| Pinnacle Associates Ltd | 10,040 | $92.0K | 0.00% | 00.0% | Unchanged |
| State of Wyoming | 10,113 | $92.6K | 0.01% | −7,089−41.2% | Reduced |
| Huntington National Bank | 10,129 | $92.8K | 0.00% | +86+0.9% | Added |
| Bridgefront Capital, LLC | 10,284 | $94.2K | 0.03% | −62,789−85.9% | Reduced |
| denkapparat Operations GmbH | 10,338 | $94.7K | 0.06% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 10,417 | $95.4K | 0.00% | +10,417 | New |
| Pitcairn Co | 10,846 | $99.3K | 0.01% | +10,846 | New |
| Coldstream Capital Management Inc | 11,060 | $101.3K | 0.00% | +11,060 | New |
| Intech Investment Management LLC | 11,100 | $101.7K | 0.00% | −337,145−96.8% | Reduced |
| GWM Advisors LLC | 11,251 | $103.1K | 0.00% | −550−4.7% | Reduced |
| HSBC Holdings PLC | 11,302 | $103.5K | 0.00% | −16,474−59.3% | Reduced |
| Kestra Advisory Services, LLC | 11,806 | $108.1K | 0.00% | −3,896−24.8% | Reduced |
| Capital Performance Advisors LLP | 11,814 | $108.2K | 0.02% | +1,151+10.8% | Added |
| CIBC Asset Management Inc | 11,923 | $109.2K | 0.00% | +11,923 | New |
| Johnson Investment Counsel Inc | 11,974 | $109.7K | 0.00% | +426+3.7% | Added |
| Viking Fund Management LLC | 12,000 | $109.9K | 0.01% | +4,000+50.0% | Added |
| Citizens Financial Group Inc | 12,062 | $110.5K | 0.00% | +12,062 | New |
| Whitcomb & Hess, Inc. | 12,116 | $111.0K | 0.03% | +368+3.1% | Added |
| Capital Investment Advisors, LLC | 12,148 | $111.3K | 0.00% | −144−1.2% | Reduced |
| BTG Pactual Asset Management US LLC | 12,370 | $113.3K | 0.01% | +2,314+23.0% | Added |
| Quarry LP | 12,633 | $115.7K | 0.03% | +12,633 | New |
| Ascent Group, LLC | 12,790 | $117.2K | 0.00% | −14,022−52.3% | Reduced |
| Crossmark Global Holdings, Inc. | 12,859 | $117.8K | 0.00% | −1,987−13.4% | Reduced |
| PDS Planning, Inc | 12,893 | $118.1K | 0.01% | +44+0.3% | Added |
| Miller Financial Services LLC | 12,907 | $118.2K | 0.14% | −2,550−16.5% | Reduced |
| Gabelli & Co Investment Advisers, Inc. | 13,000 | $119.1K | 0.02% | 00.0% | Unchanged |
| Western Pacific Wealth Management, LP | 13,055 | $119.6K | 0.12% | 00.0% | Unchanged |
| Transcend Wealth Collective, LLC | 13,099 | $120.0K | 0.01% | −106−0.8% | Reduced |
| EverSource Wealth Advisors, LLC | 13,161 | $120.6K | 0.00% | +286+2.2% | Added |
| Nisa Investment Advisors, LLC | 13,274 | $121.6K | 0.00% | +11,073+503.1% | Added |
| Umb Bank N A | 13,336 | $122.2K | 0.00% | +170+1.3% | Added |
| Paradigm Financial Partners, LLC | 13,684 | $125.3K | 0.01% | −1,055−7.2% | Reduced |
| Everhart Financial Group, Inc. | 13,854 | $126.9K | 0.01% | +3,692+36.3% | Added |
| Sendero Wealth Management, LLC | 13,865 | $127.0K | 0.01% | −155−1.1% | Reduced |
| Miracle Mile Advisors, LLC | 14,018 | $128.4K | 0.00% | −2,400−14.6% | Reduced |
| Ausdal Financial Partners, Inc. | 14,162 | $129.7K | 0.01% | +1,765+14.2% | Added |
| Xponance, Inc. | 14,484 | $132.7K | 0.00% | −10,382−41.8% | Reduced |
| Towerview LLC | 14,500 | $132.8K | 0.10% | 00.0% | Unchanged |
| 1st Source Bank | 14,585 | $133.6K | 0.01% | 00.0% | Unchanged |
| Syon Capital LLC | 14,740 | $135.0K | 0.01% | +14,740 | New |
| ESL Trust Services, LLC | 14,866 | $136.2K | 0.03% | 00.0% | Unchanged |
| Sym Financial Corp | 14,869 | $136.2K | 0.01% | 00.0% | Unchanged |
| Warren Averett Asset Management, LLC | 14,880 | $136.3K | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 14,919 | $136.7K | 0.00% | +8,471+131.4% | Added |
| Barnett & Company, Inc. | 15,000 | $137.4K | 0.11% | +15,000 | New |
| waypoint wealth counsel | 15,045 | $137.8K | 0.05% | 00.0% | Unchanged |
| FSM Wealth Advisors, LLC | 15,442 | $141.4K | 0.02% | −75−0.5% | Reduced |
| Catalyst Funds Management Pty Ltd | 15,600 | $142.9K | 0.02% | +15,600 | New |
| Lido Advisors, LLC | 15,715 | $144.0K | 0.00% | −1,424−8.3% | Reduced |
| ISAM Funds (UK) Ltd | 15,718 | $144.0K | 0.03% | +15,718 | New |
| NorthRock Partners, LLC | 15,763 | $144.4K | 0.00% | +2,426+18.2% | Added |
| We Are One Seven, LLC | 15,869 | $145.4K | 0.00% | +3,406+27.3% | Added |
| Aster Capital Management (DIFC) Ltd | 15,960 | $146.2K | 0.07% | −38,904−70.9% | Reduced |
| North Star Investment Management Corp. | 15,962 | $146.2K | 0.01% | −4,498−22.0% | Reduced |
| Sherbrooke Park Advisers LLC | 16,316 | $149.5K | 0.07% | +16,316 | New |
| United Capital Financial Advisers, LLC | 16,502 | $151.2K | 0.00% | +5,503+50.0% | Added |
| Fox Run Management, L.L.C. | 16,789 | $153.8K | 0.02% | −41,265−71.1% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 17,085 | $156.5K | 0.01% | −547−3.1% | Reduced |
| Lazard Asset Management LLC | 17,267 | $158.2K | 0.00% | +10,368+150.3% | Added |
| Vise Technologies, Inc. | 17,454 | $159.9K | 0.01% | −1,297−6.9% | Reduced |
| US Bancorp | 17,575 | $161.0K | 0.00% | +507+3.0% | Added |
| Public Employees Retirement Association of Colorado | 17,733 | $162.0K | 0.00% | 00.0% | Unchanged |
| Mutual of America Capital Management LLC | 17,718 | $162.3K | 0.00% | −62,499−77.9% | Reduced |
| Diligent Investors, LLC | 18,298 | $167.6K | 0.04% | +18,298 | New |
| Waddell & Associates, LLC | 18,419 | $168.7K | 0.01% | 00.0% | Unchanged |
| Williams Jones Wealth Management, LLC. | 18,500 | $169.5K | 0.00% | 00.0% | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 18,725 | $171.5K | 0.00% | +18,725 | New |
| Point72 Asia (Singapore) Pte. Ltd. | 18,930 | $173.4K | 0.03% | −12,064−38.9% | Reduced |
| Inceptionr LLC | 19,313 | $176.9K | 0.04% | +19,313 | New |
| HB Wealth Management, LLC | 19,376 | $177.5K | 0.00% | +2,027+11.7% | Added |
| Sanctuary Advisors, LLC | 19,584 | $179.4K | 0.00% | +96+0.5% | Added |
| Polymer Capital Management (HK) LTD | 20,000 | $183.2K | 0.03% | +20,000 | New |
| Drucker Wealth 3.0, LLC | 20,174 | $184.8K | 0.03% | +20,174 | New |
| Jones Financial Companies LLLP | 20,291 | $186.9K | 0.00% | +11,142+121.8% | Added |
| Ballentine Partners, LLC | 20,610 | $188.8K | 0.00% | +20,610 | New |
| TCG Advisory Services, LLC | 20,835 | $190.8K | 0.01% | +20,835 | New |
| Cobblestone Capital Advisors LLC | 20,842 | $190.9K | 0.01% | −1,050−4.8% | Reduced |
| Summit Financial, LLC | 20,846 | $190.9K | 0.00% | +20,846 | New |
| Teacher Retirement System of Texas | 21,444 | $196.4K | 0.00% | −4,452−17.2% | Reduced |
| Petrus Trust Company, LTA | 21,494 | $196.9K | 0.02% | +21,494 | New |