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 |
| Versant Capital Management, Inc | 3,167 | $29.0K | 0.00% | +3,151+19,693.8% | Added |
| Bartlett & Co. Wealth Management LLC | 3,107 | $28.5K | 0.00% | 00.0% | Unchanged |
| Investors Research Corp | 3,000 | $27.5K | 0.01% | +3,000 | New |
| Richardson Financial Services Inc. | 2,895 | $26.5K | 0.02% | −1,515−34.4% | Reduced |
| Pflug Koory, LLC | 2,805 | $25.7K | 0.01% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 2,710 | $24.8K | 0.00% | +83+3.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 2,434 | $22.0K | 0.00% | 00.0% | Unchanged |
| Mather Group, LLC. | 2,263 | $20.7K | 0.00% | +2,263 | New |
| Global Retirement Partners, LLC | 2,235 | $20.5K | 0.00% | +92+4.3% | Added |
| Hazlett, Burt & Watson, Inc. | 2,125 | $19.0K | 0.01% | 00.0% | Unchanged |
| Wealthspire Advisors, LLC | 2,016 | $18.5K | 0.00% | +2,016 | New |
| CX Institutional | 1,825 | $17.0K | 0.00% | 00.0% | Unchanged |
| Bessemer Group Inc | 1,840 | $17.0K | 0.00% | +1,840 | New |
| Harvest Fund Management Co., Ltd | 1,075 | $16.0K | 0.00% | 00.0% | Unchanged |
| Salomon & Ludwin, LLC | 1,600 | $15.3K | 0.00% | +1,600 | New |
| Field & Main Bank | 1,500 | $13.7K | 0.00% | 00.0% | Unchanged |
| Fifth Third Bancorp | 1,467 | $13.4K | 0.00% | −316−17.7% | Reduced |
| Motco | 1,417 | $13.0K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 1,411 | $12.9K | 0.00% | −19,087−93.1% | Reduced |
| Harbour Investments, Inc. | 1,392 | $12.8K | 0.00% | +1,384+17,300.0% | Added |
| Assetmark, Inc | 1,302 | $11.9K | 0.00% | −160−10.9% | Reduced |
| Danske Bank A/S | 1,300 | $11.9K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 1,297 | $11.9K | 0.00% | −442−25.4% | Reduced |
| First United Bank Trust | 1,233 | $11.3K | 0.00% | 00.0% | Unchanged |
| Farmers & Merchants Investments Inc | 1,212 | $11.1K | 0.00% | +8+0.7% | Added |
| Spurstone Advisory Services, LLC | 1,200 | $11.0K | 0.16% | +600+100.0% | Added |
| Hillsdale Investment Management Inc. | 1,100 | $10.1K | 0.00% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 1,095 | $10.0K | 0.00% | −277−20.2% | Reduced |
| Cullen/Frost Bankers, Inc. | 1,076 | $9.86K | 0.00% | 00.0% | Unchanged |
| CoreCap Advisors, LLC | 1,000 | $9.16K | 0.00% | −250−20.0% | Reduced |
| Nomura Asset Management Co Ltd | 1,000 | $9.16K | 0.00% | 00.0% | Unchanged |
| Bangor Savings Bank | 1,000 | $9.16K | 0.00% | 00.0% | Unchanged |
| Quent Capital, LLC | 912 | $8.35K | 0.00% | +912 | New |
| Joseph Group Capital Management | 908 | $8.32K | 0.00% | 00.0% | Unchanged |
| Medallion Wealth Advisors, LLC | 800 | $7.33K | 0.00% | −800−50.0% | Reduced |
| Rise Advisors, LLC | 753 | $6.90K | 0.00% | +10+1.3% | Added |
| Pittenger & Anderson Inc | 750 | $6.87K | 0.00% | 00.0% | Unchanged |
| TD Waterhouse Canada Inc. | 700 | $6.63K | 0.00% | +100+16.7% | Added |
| Caitong International Asset Management Co., Ltd | 706 | $6.47K | 0.00% | +688+3,822.2% | Added |
| Principal Securities, Inc. | 676 | $6.19K | 0.00% | −91−11.9% | Reduced |
| Creative Financial Designs Inc | 626 | $5.73K | 0.00% | −426−40.5% | Reduced |
| Atlantic Union Bankshares Corp | 600 | $5.50K | 0.00% | +600 | New |
| GAMMA Investing LLC | 563 | $5.16K | 0.00% | −981−63.5% | Reduced |
| Indiana Trust & Investment Management CO | 541 | $4.96K | 0.00% | 00.0% | Unchanged |
| Crews Bank & Trust | 531 | $4.86K | 0.00% | 00.0% | Unchanged |
| Stone House Investment Management, LLC | 505 | $4.63K | 0.00% | 00.0% | Unchanged |
| McIlrath & Eck, LLC | 476 | $4.36K | 0.00% | 00.0% | Unchanged |
| Crewe Advisors LLC | 440 | $4.03K | 0.00% | +206+88.0% | Added |
| Atlantic Trust, LLC | 429 | $3.93K | 0.00% | 00.0% | Unchanged |
| Financial Management Professionals, Inc. | 425 | $3.89K | 0.00% | 00.0% | Unchanged |
| JPL Wealth Management, LLC | 425 | $3.89K | 0.00% | +425 | New |
| Private Trust Co NA | 400 | $3.66K | 0.00% | 00.0% | Unchanged |
| Spire Wealth Management | 399 | $3.65K | 0.00% | +268+204.6% | Added |
| Harbor Investment Advisory, LLC | 375 | $3.44K | 0.00% | 00.0% | Unchanged |
| GoalVest Advisory LLC | 365 | $3.34K | 0.00% | 00.0% | Unchanged |
| NBT Bank N A | 9 | $3.29K | 0.00% | −345−97.5% | Reduced |
| Ogorek Anthony Joseph | 425 | $3.00K | 0.00% | 00.0% | Unchanged |
| Alerus Financial NA | 324 | $2.97K | 0.00% | +324 | New |
| Rossby Financial, LCC | 310 | $2.93K | 0.00% | 00.0% | Unchanged |
| Red Tortoise LLC | 297 | $2.72K | 0.00% | +297 | New |
| N.E.W. Advisory Services LLC | 288 | $2.64K | 0.00% | 00.0% | Unchanged |
| St Germain D J Co Inc | 285 | $2.61K | 0.00% | 00.0% | Unchanged |
| Princeton Global Asset Management LLC | 285 | $2.61K | 0.00% | 00.0% | Unchanged |
| Abound Wealth Management | 226 | $2.07K | 0.00% | 00.0% | Unchanged |
| MV Capital Management, Inc. | 222 | $2.03K | 0.00% | +141+174.1% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 213 | $1.95K | 0.00% | 00.0% | Unchanged |
| Nalls Sherbakoff Group, LLC | 212 | $1.94K | 0.00% | 00.0% | Unchanged |
| First Community Trust NA | 200 | $1.83K | 0.00% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 188 | $1.72K | 0.00% | +106+129.3% | Added |
| Hughes Financial Services, LLC | 179 | $1.53K | 0.00% | +179 | New |
| Bruce G. Allen Investments, LLC | 139 | $1.27K | 0.00% | +125+892.9% | Added |
| National Bank of Canada | 135 | $1.23K | 0.00% | +135 | New |
| UMA Financial Services, Inc. | 131 | $1.20K | 0.00% | +93+244.7% | Added |
| Transamerica Financial Advisors, Inc. | 122 | $1.12K | 0.00% | +122 | New |
| Avion Wealth | 203 | $1.00K | 0.00% | +203 | New |
| Heartwood Wealth Advisors LLC | 108 | $989 | 0.00% | +108 | New |
| ZRC Wealth Management, LLC | 87 | $797 | 0.00% | +87 | New |
| Root Financial Partners, LLC | 83 | $760 | 0.00% | +83 | New |
| American Capital Advisory, LLC | 72 | $660 | 0.00% | +1+1.4% | Added |
| South State Corp. | 60 | $550 | 0.00% | +40+200.0% | Added |
| Smartleaf Asset Management LLC | 52 | $474 | 0.00% | −17−24.6% | Reduced |
| TD Capital Management LLC | 50 | $458 | 0.00% | 00.0% | Unchanged |
| 1620 Investment Advisors, Inc. | 50 | $458 | 0.00% | 00.0% | Unchanged |
| Bare Financial Services, Inc | 49 | $449 | 0.00% | −60−55.0% | Reduced |
| Fortitude Family Office, LLC | 46 | $421 | 0.00% | 00.0% | Unchanged |
| Trust Co of Vermont | 45 | $412 | 0.00% | 00.0% | Unchanged |
| IAG Wealth Partners, LLC | 27 | $247 | 0.00% | 00.0% | Unchanged |
| Binnacle Investments Inc | 22 | $202 | 0.00% | +22 | New |
| Clearstead Advisors, LLC | 20 | $184 | 0.00% | −177−89.8% | Reduced |
| Smallwood Wealth Investment Management, LLC | 12 | $109 | 0.00% | 00.0% | Unchanged |
| Rothschild Investment LLC | 10 | $92 | 0.00% | 00.0% | Unchanged |
| MCF Advisors LLC | 10 | $92 | 0.00% | +10 | New |
| Scarborough Advisors, LLC | 10 | $88 | 0.00% | +1+11.1% | Added |
| HFM Investment Advisors, LLC | 6 | $55 | 0.00% | −5−45.5% | Reduced |
| Bay Harbor Wealth Management, LLC | 4 | $36 | 0.00% | −8−66.7% | Reduced |
| JFS Wealth Advisors, LLC | 2 | $19 | 0.00% | −32−94.1% | Reduced |
| Capital Advisors, Ltd. LLC | 2 | $0 | 0.00% | −249−99.2% | Reduced |
| Hemington Wealth Management | 47 | $0 | 0.00% | −110−70.1% | Reduced |
| GW&K Investment Management, LLC | 1 | $0 | 0.00% | 00.0% | Unchanged |