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 |
|---|---|---|---|---|---|
| KLP Kapitalforvaltning AS | 99,500 | $911.4K | 0.00% | 00.0% | Unchanged |
| Mariner, LLC | 112,289 | $1.03M | 0.00% | −9,203−7.6% | Reduced |
| Captrust Financial Advisors | 112,414 | $1.03M | 0.00% | +10,287+10.1% | Added |
| Pallas Capital Advisors LLC | 112,738 | $1.03M | 0.04% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 114,108 | $1.04M | 0.00% | +76,129+200.5% | Added |
| Ilex Capital Partners (UK) LLP | 116,570 | $1.07M | 0.03% | +116,570 | New |
| Franklin Resources Inc | 117,606 | $1.08M | 0.00% | +3,639+3.2% | Added |
| State of Wisconsin Investment Board | 118,756 | $1.09M | 0.00% | +97,241+452.0% | Added |
| Eagle Harbor Asset Management Inc | 119,464 | $1.09M | 0.95% | +13,335+12.6% | Added |
| Concurrent Investment Advisors, LLC | 119,756 | $1.10M | 0.02% | +22,840+23.6% | Added |
| Bank of Montreal | 121,928 | $1.12M | 0.00% | −1,113−0.9% | Reduced |
| Dark Forest Capital Management LP | 122,844 | $1.13M | 0.04% | +80,456+189.8% | Added |
| Quantbot Technologies LP | 126,315 | $1.16M | 0.03% | −89,864−41.6% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 133,472 | $1.22M | 0.00% | +53,855+67.6% | Added |
| Summit Trail Advisors, LLC | 140,977 | $1.29M | 0.02% | +104,627+287.8% | Added |
| Barclays PLC | 141,030 | $1.29M | 0.00% | −141,731−50.1% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 147,513 | $1.35M | 0.00% | +738+0.5% | Added |
| California State Teachers Retirement System | 148,596 | $1.36M | 0.00% | −10,620−6.7% | Reduced |
| Price T Rowe Associates Inc | 150,128 | $1.38M | 0.00% | +5,055+3.5% | Added |
| Prudential Financial Inc | 151,617 | $1.39M | 0.00% | +135,930+866.5% | Added |
| Group One Trading, L.P. | 157,647 | $1.44M | 0.04% | −2,703−1.7% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 166,192 | $1.51M | 0.00% | +5,798+3.6% | Added |
| Great West Life Assurance Co | 169,311 | $1.54M | 0.00% | +40,926+31.9% | Added |
| SEI Investments Co | 174,419 | $1.60M | 0.00% | −20,971−10.7% | Reduced |
| Oak Thistle LLC | 179,083 | $1.64M | 0.25% | +179,083 | New |
| LPL Financial LLC | 185,760 | $1.70M | 0.00% | +211+0.1% | Added |
| CastleKnight Management LP | 190,500 | $1.74M | 0.09% | −24,700−11.5% | Reduced |
| Janus Henderson Group PLC | 198,894 | $1.82M | 0.00% | −3,084,817−93.9% | Reduced |
| BNP Paribas Arbitrage, SA | 200,046 | $1.83M | 0.00% | +46,196+30.0% | Added |
| Parallax Volatility Advisers, L.P. | 201,917 | $1.85M | 0.05% | +201,917 | New |
| New York State Teachers Retirement System | 203,970 | $1.87M | 0.00% | +17,979+9.7% | Added |
| Guggenheim Capital LLC | 208,681 | $1.91M | 0.01% | −19,425−8.5% | Reduced |
| Simplex Trading, LLC | 219,138 | $2.01M | 0.04% | +219,138 | New |
| State Board of Administration of Florida Retirement System | 220,414 | $2.02M | 0.00% | −8,104−3.5% | Reduced |
| Federated Hermes, Inc. | 222,558 | $2.04M | 0.00% | −378,128−62.9% | Reduced |
| JPMorgan Chase & Co | 229,882 | $2.11M | 0.00% | −1,819,106−88.8% | Reduced |
| SRS Capital Advisors, Inc. | 237,845 | $2.18M | 0.03% | +237,781+371,532.8% | Added |
| CWM, LLC | 240,123 | $2.20M | 0.01% | +824+0.3% | Added |
| SummitTX Capital, L.P. | 262,978 | $2.41M | 0.10% | +178,689+212.0% | Added |
| Citigroup Inc | 268,345 | $2.46M | 0.00% | −199,574−42.7% | Reduced |
| Brevan Howard Capital Management LP | 269,534 | $2.47M | 0.04% | −194,698−41.9% | Reduced |
| IMC-Chicago, LLC | 278,606 | $2.55M | 0.05% | +104,221+59.8% | Added |
| Qube Research & Technologies Ltd | 278,746 | $2.55M | 0.00% | −783,118−73.7% | Reduced |
| American Century Companies Inc | 294,518 | $2.70M | 0.00% | +57,930+24.5% | Added |
| Baird Financial Group, Inc. | 303,332 | $2.78M | 0.00% | +8,353+2.8% | Added |
| Swiss National Bank | 316,400 | $2.90M | 0.00% | −9,300−2.9% | Reduced |
| Agf Management Ltd | 318,960 | $2.92M | 0.01% | +47,646+17.6% | Added |
| Ameriprise Financial Inc | 322,851 | $2.96M | 0.00% | +132,643+69.7% | Added |
| Voya Investment Management LLC | 329,663 | $3.02M | 0.00% | −431,479−56.7% | Reduced |
| Victory Capital Management Inc | 329,679 | $3.02M | 0.00% | +54,465+19.8% | Added |
| Alliancebernstein L.P. | 330,502 | $3.03M | 0.00% | +107,879+48.5% | Added |
| Ieq Capital, LLC | 373,942 | $3.43M | 0.01% | −255,851−40.6% | Reduced |
| Citadel Advisors LLC | 382,300 | $3.50M | 0.00% | −272,545−41.6% | Reduced |
| Creative Planning | 394,611 | $3.61M | 0.00% | +90,115+29.6% | Added |
| Two Sigma Advisers, LP | 412,205 | $3.78M | 0.01% | +412,205 | New |
| Legal & General Group Plc | 463,304 | $4.24M | 0.00% | +142,792+44.6% | Added |
| Holocene Advisors, LP | 463,924 | $4.25M | 0.01% | −80,786−14.8% | Reduced |
| Horizon Kinetics Asset Management LLC | 466,421 | $4.27M | 0.05% | −232,921−33.3% | Reduced |
| Verition Fund Management LLC | 472,317 | $4.33M | 0.02% | −79,370−14.4% | Reduced |
| Cerity Partners LLC | 483,940 | $4.43M | 0.01% | +805+0.2% | Added |
| UBS Asset Management Americas Inc | 512,066 | $4.69M | 0.00% | −386,735−43.0% | Reduced |
| Advisors Asset Management, Inc. | 512,405 | $4.69M | 0.08% | +74,434+17.0% | Added |
| Rhumbline Advisers | 523,080 | $4.79M | 0.00% | −175,945−25.2% | Reduced |
| Cubist Systematic Strategies, LLC | 538,318 | $4.93M | 0.07% | −393,091−42.2% | Reduced |
| Public Sector Pension Investment Board | 616,967 | $5.65M | 0.02% | +616,967 | New |
| Susquehanna International Group, LLP | 620,892 | $5.69M | 0.01% | +273,921+78.9% | Added |
| Alps Advisors Inc | 634,304 | $5.81M | 0.03% | +264,905+71.7% | Added |
| Kovitz Investment Group Partners, LLC | 675,170 | $6.18M | 0.02% | +253,527+60.1% | Added |
| FIL Ltd | 684,264 | $6.27M | 0.00% | +547,152+399.1% | Added |
| Nuveen, LLC | 750,884 | $6.88M | 0.00% | +161,723+27.4% | Added |
| Goldman Sachs Group Inc | 755,427 | $6.92M | 0.00% | −234,113−23.7% | Reduced |
| Sound Income Strategies, LLC | 787,118 | $6.95M | 0.38% | −27,635−3.4% | Reduced |
| Principal Financial Group Inc | 759,620 | $6.96M | 0.00% | +393,105+107.3% | Added |
| Invesco Ltd. | 884,736 | $8.10M | 0.00% | +270,805+44.1% | Added |
| Royal Bank of Canada | 915,690 | $8.39M | 0.00% | −504,296−35.5% | Reduced |
| Jane Street Group, LLC | 939,496 | $8.61M | 0.01% | +689,269+275.5% | Added |
| Squarepoint Ops LLC | 958,987 | $8.78M | 0.02% | +958,987 | New |
| Connor, Clark & Lunn Investment Management Ltd. | 1,126,467 | $10.3M | 0.03% | −7,763−0.7% | Reduced |
| Quinn Opportunity Partners LLC | 1,216,811 | $11.1M | 0.81% | +964,771+382.8% | Added |
| Wells Fargo & Company | 1,258,131 | $11.5M | 0.00% | +1,165,226+1,254.2% | Added |
| Quantinno Capital Management LP | 1,273,287 | $11.7M | 0.03% | +1,112,564+692.2% | Added |
| Gotham Asset Management, LLC | 1,479,870 | $13.6M | 0.06% | +586,940+65.7% | Added |
| FMR LLC | 1,523,471 | $14.0M | 0.00% | +1,487,033+4,081.0% | Added |
| Millennium Management LLC | 1,999,870 | $18.3M | 0.01% | −1,929,434−49.1% | Reduced |
| Bank of New York Mellon Corp | 2,052,355 | $18.8M | 0.00% | −383,699−15.8% | Reduced |
| Northern Trust Corp | 2,205,482 | $20.2M | 0.00% | +182,622+9.0% | Added |
| UBS Group AG | 2,688,471 | $24.6M | 0.00% | −2,123,109−44.1% | Reduced |
| Point72 Asset Management, L.P. | 2,935,294 | $26.9M | 0.06% | −4,763,749−61.9% | Reduced |
| Bank of America Corp | 2,971,830 | $27.2M | 0.00% | +211,703+7.7% | Added |
| Geode Capital Management, LLC | 3,581,765 | $32.8M | 0.00% | +386,495+12.1% | Added |
| Marshall Wace, LLP | 4,029,742 | $36.9M | 0.04% | +4,029,742 | New |
| Dimensional Fund Advisors LP | 4,274,293 | $39.2M | 0.01% | −37,502−0.9% | Reduced |
| Arrowstreet Capital, Limited Partnership | 4,276,213 | $39.2M | 0.02% | −764,799−15.2% | Reduced |
| State Street Corp | 5,344,251 | $49.0M | 0.00% | +213,151+4.2% | Added |
| Morgan Stanley | 6,191,252 | $56.7M | 0.00% | +1,887,745+43.9% | Added |
| Charles Schwab Investment Management Inc | 6,864,824 | $62.9M | 0.01% | +291,653+4.4% | Added |
| AQR Capital Management LLC | 8,478,244 | $77.2M | 0.05% | −5,365,194−38.8% | Reduced |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 10,597,639 | $97.1M | 0.16% | −478,656−4.3% | Reduced |
| Vanguard Group Inc | 18,589,808 | $170.3M | 0.00% | −2,667,897−12.6% | Reduced |
| BlackRock, Inc. | 24,108,492 | $220.8M | 0.00% | +4,338,412+21.9% | Added |