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