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