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 |
|---|---|---|---|---|---|
| Campbell & CO Investment Adviser LLC | 21,769 | $199.4K | 0.02% | +21,769 | New |
| Brinker Capital Investments, LLC | 22,026 | $201.8K | 0.00% | +22,026 | New |
| Optimist Retirement Group LLC | 22,146 | $202.9K | 0.09% | +4,043+22.3% | Added |
| Kestra Private Wealth Services, LLC | 22,161 | $203.0K | 0.00% | −4,133−15.7% | Reduced |
| Caption Management, LLC | 22,988 | $210.6K | 0.01% | +2,988+14.9% | Added |
| Shelton Capital Management | 24,269 | $222.3K | 0.00% | −6,134−20.2% | Reduced |
| CIBC Private Wealth Group, LLC | 24,394 | $223.4K | 0.00% | +2,205+9.9% | Added |
| Krilogy Financial LLC | 24,975 | $226.8K | 0.01% | +24,975 | New |
| Deutsche Bank AG | 26,634 | $244.0K | 0.00% | −6,808−20.4% | Reduced |
| Scientech Research LLC | 27,194 | $249.1K | 0.09% | −22,196−44.9% | Reduced |
| Handelsbanken Fonder AB | 27,457 | $252.0K | 0.00% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 27,666 | $253.4K | 0.00% | +27,666 | New |
| Boyar Asset Management Inc. | 27,886 | $255.4K | 0.16% | +80.0% | Added |
| Pictet Asset Management Holding SA | 27,916 | $255.7K | 0.00% | 00.0% | Unchanged |
| Catalytic Wealth RIA, LLC | 28,060 | $257.0K | 0.01% | +28,060 | New |
| Walleye Capital LLC | 28,157 | $257.9K | 0.00% | +25,868+1,130.1% | Added |
| Hantz Financial Services, Inc. | 28,264 | $259.0K | 0.00% | +8,567+43.5% | Added |
| EntryPoint Capital, LLC | 28,899 | $264.7K | 0.10% | −15,200−34.5% | Reduced |
| Kaufman Rossin Wealth, LLC | 29,142 | $266.9K | 0.15% | 00.0% | Unchanged |
| Integrated Wealth Concepts LLC | 29,158 | $267.1K | 0.00% | −101−0.3% | Reduced |
| JustInvest LLC | 29,238 | $267.8K | 0.00% | +5,200+21.6% | Added |
| D. E. Shaw & Co., Inc. | 29,517 | $270.4K | 0.00% | +29,517 | New |
| Requisite Capital Management, LLC | 29,588 | $271.0K | 0.05% | +29,588 | New |
| Evoke Wealth, LLC | 29,655 | $271.6K | 0.01% | −1,550−5.0% | Reduced |
| Probity Advisors, Inc. | 29,797 | $272.9K | 0.04% | +5,260+21.4% | Added |
| Sequoia Financial Advisors, LLC | 30,223 | $276.8K | 0.00% | +6,852+29.3% | Added |
| Boothbay Fund Management, LLC | 31,449 | $288.1K | 0.01% | +31,449 | New |
| Comerica Bank | 32,332 | $296.2K | 0.00% | −20.0% | Reduced |
| Maryland State Retirement & Pension System | 32,583 | $298.5K | 0.01% | +32,583 | New |
| Chicago Partners Investment Group LLC | 34,312 | $299.5K | 0.01% | +14,244+71.0% | Added |
| Yousif Capital Management, LLC | 32,805 | $300.5K | 0.00% | −5,096−13.4% | Reduced |
| Annis Gardner Whiting Capital Advisors, LLC | 33,495 | $306.8K | 0.06% | +33,495 | New |
| Tower Research Capital LLC (TRC) | 33,686 | $308.6K | 0.01% | +25,057+290.4% | Added |
| PVG Asset Management Corp | 33,725 | $308.9K | 1.14% | +33,725 | New |
| Sheets Smith Investment Management | 33,725 | $308.9K | 0.20% | +33,725 | New |
| Manufacturers Life Insurance Company, The | 34,076 | $312.1K | 0.00% | −90,167−72.6% | Reduced |
| Oregon Public Employees Retirement Fund | 35,600 | $326.1K | 0.00% | +2,572+7.8% | Added |
| Cullen Investment Group, Ltd. | 34,199 | $326.6K | 0.04% | −1,313−3.7% | Reduced |
| NCM Capital Management, LLC | 35,695 | $327.0K | 0.13% | 00.0% | Unchanged |
| Merit Financial Group, LLC | 38,130 | $349.3K | 0.00% | +311+0.8% | Added |
| M&T Bank Corp | 38,537 | $353.1K | 0.00% | +21,550+126.9% | Added |
| Aaron Wealth Advisors | 38,937 | $356.7K | 0.02% | +38,937 | New |
| Evergreen Capital Management LLC | 39,219 | $359.2K | 0.01% | +39,219 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 40,281 | $369.0K | 0.00% | −1,162−2.8% | Reduced |
| Bank of Nova Scotia | 40,993 | $375.5K | 0.00% | +1,343+3.4% | Added |
| Cambridge Investment Research Advisors, Inc. | 41,187 | $377.0K | 0.00% | +6,513+18.8% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 42,838 | $392.4K | 0.00% | 00.0% | Unchanged |
| Teachers Retirement System of the State of Kentucky | 43,334 | $397.0K | 0.00% | −13,257−23.4% | Reduced |
| Advisory Services Network, LLC | 43,397 | $397.5K | 0.01% | −8,498−16.4% | Reduced |
| ExodusPoint Capital Management, LP | 46,533 | $426.2K | 0.01% | −42,036−47.5% | Reduced |
| Entropy Technologies, LP | 47,159 | $432.0K | 0.03% | +47,159 | New |
| Neuberger Berman Group LLC | 48,244 | $441.9K | 0.00% | −9,450−16.4% | Reduced |
| Arizona State Retirement System | 48,276 | $442.2K | 0.00% | −1,436−2.9% | Reduced |
| Brighton Jones LLC | 49,378 | $452.3K | 0.01% | −470−0.9% | Reduced |
| Worldquant Millennium Advisors LLC | 50,055 | $458.5K | 0.00% | +33,470+201.8% | Added |
| Amalgamated Bank | 50,811 | $465.0K | 0.00% | −24,912−32.9% | Reduced |
| International Assets Investment Management, LLC | 39,252 | $466.3K | 0.04% | 00.0% | Unchanged |
| Quest Partners LLC | 51,491 | $471.7K | 0.03% | +51,488+1,716,266.7% | Added |
| Man Group plc | 52,458 | $480.5K | 0.00% | −150,858−74.2% | Reduced |
| Winton Group Ltd | 52,960 | $485.1K | 0.02% | +38,897+276.6% | Added |
| CI Private Wealth, LLC | 53,096 | $486.8K | 0.00% | +17,127+47.6% | Added |
| Envestnet Asset Management Inc | 54,415 | $498.4K | 0.00% | +54,415 | New |
| Public Employees Retirement System of Ohio | 54,763 | $501.6K | 0.00% | −144−0.3% | Reduced |
| Truist Financial Corp | 56,439 | $517.0K | 0.00% | −857−1.5% | Reduced |
| Commonwealth Equity Services, LLC | 56,950 | $522.0K | 0.00% | −7,146−11.1% | Reduced |
| Empowered Funds, LLC | 57,072 | $522.8K | 0.01% | −7,911−12.2% | Reduced |
| Kimelman & Baird, LLC | 58,728 | $537.9K | 0.04% | 00.0% | Unchanged |
| Stifel Financial Corp | 58,964 | $540.1K | 0.00% | +34,205+138.2% | Added |
| A&I Financial Services, LLC | 57,615 | $545.0K | 0.27% | +57,615 | New |
| Atom Investors LP | 62,876 | $575.9K | 0.04% | +37,001+143.0% | Added |
| XTX Topco Ltd | 63,368 | $580.5K | 0.03% | −285,258−81.8% | Reduced |
| Colony Group, LLC | 64,467 | $590.5K | 0.00% | +5,677+9.7% | Added |
| Cetera Investment Advisers | 65,250 | $597.7K | 0.00% | +13,095+25.1% | Added |
| Shufro Rose & Co LLC | 40,984 | $599.6K | 0.05% | −200−0.5% | Reduced |
| Toroso Investments, LLC | 67,644 | $619.6K | 0.00% | −20,166−23.0% | Reduced |
| Advisor Group Holdings, Inc. | 63,303 | $622.1K | 0.00% | −35,513−35.9% | Reduced |
| Legacy Capital Group California, Inc. | 68,881 | $631.0K | 0.16% | +68,881 | New |
| Ensign Peak Advisors, Inc | 69,690 | $638.4K | 0.00% | −13,550−16.3% | Reduced |
| SG Americas Securities, LLC | 71,007 | $650.0K | 0.00% | +7,500+11.8% | Added |
| Treasurer of the State of North Carolina | 71,964 | $659.0K | 0.00% | −4,439−5.8% | Reduced |
| Russell Investments Group, Ltd. | 72,155 | $660.9K | 0.00% | +63,757+759.2% | Added |
| Police & Firemen's Retirement System of New Jersey | 72,431 | $663.5K | 0.01% | +8,854+13.9% | Added |
| Essential Partners LLC | 72,650 | $665.5K | 0.22% | 00.0% | Unchanged |
| Louisiana State Employees Retirement System | 72,700 | $665.9K | 0.01% | +27,300+60.1% | Added |
| Leonteq Securities AG | 73,085 | $669.5K | 0.04% | +24,260+49.7% | Added |
| Engineers Gate Manager LP | 74,395 | $681.5K | 0.01% | −163,140−68.7% | Reduced |
| Wolverine Trading, LLC | 75,791 | $692.0K | 0.01% | +43,217+132.7% | Added |
| Raymond James Financial Inc | 76,015 | $696.3K | 0.00% | +12,910+20.5% | Added |
| Exchange Traded Concepts, LLC | 78,152 | $715.9K | 0.01% | +24,902+46.8% | Added |
| Janney Montgomery Scott LLC | 81,150 | $743.0K | 0.00% | +8,514+11.7% | Added |
| Buckingham Strategic Partners | 85,612 | $751.0K | 0.01% | +18,801+28.1% | Added |
| Mercer Global Advisors Inc | 82,186 | $752.8K | 0.00% | +21,059+34.5% | Added |
| Gabelli Funds LLC | 84,000 | $769.4K | 0.01% | −6,250−6.9% | Reduced |
| New York State Common Retirement Fund | 88,431 | $810.0K | 0.00% | 00.0% | Unchanged |
| State of Alaska, Department of Revenue | 90,564 | $829.0K | 0.01% | +72,427+399.3% | Added |
| CSS LLC | 90,872 | $832.4K | 0.05% | +21,670+31.3% | Added |
| Jump Financial, LLC | 93,997 | $861.0K | 0.01% | −73,624−43.9% | Reduced |
| Bridgewater Associates, LP | 97,205 | $890.4K | 0.00% | +97,205 | New |
| HighTower Advisors, LLC | 97,534 | $893.4K | 0.00% | +33,726+52.9% | Added |
| First Trust Advisors LP | 99,495 | $911.4K | 0.00% | −276,948−73.6% | Reduced |