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, Q4 2025
Institutional positions in Wendy's Co as of Dec 31, 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
- 429
- +33 vs. Q3 2025
- Shares held
- 190.4M
- +9.22M (+5.1%) vs. Q3 2025
- Total value
- $1.59B
- −$73.1M (−4.4%) vs. Q3 2025
- New holders
- 97
- 148 more added
- Sold out
- 64
- 131 more reduced
7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Wendy's Co; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| GW&K Investment Management, LLC | 1 | $0 | 0.00% | 00.0% | Unchanged |
| Caitong International Asset Management Co., Ltd | 1 | $8 | 0.00% | −705−99.9% | Reduced |
| Hughes Financial Services, LLC | 1 | $8 | 0.00% | −178−99.4% | Reduced |
| Curio Wealth, LLC | 2 | $17 | 0.00% | +2 | New |
| Keating Financial Advisory Services, Inc. | 2 | $17 | 0.00% | +2 | New |
| Dunhill Financial, LLC | 4 | $30 | 0.00% | +4 | New |
| Bay Harbor Wealth Management, LLC | 4 | $33 | 0.00% | 00.0% | Unchanged |
| Safe Harbor Fiduciary, LLC | 8 | $67 | 0.00% | +8 | New |
| Scarborough Advisors, LLC | 10 | $81 | 0.00% | 00.0% | Unchanged |
| Laurel Wealth Advisors LLC | 15 | $125 | 0.00% | +15 | New |
| Gilpin Wealth Management, LLC | 15 | $125 | 0.00% | +15 | New |
| Atlantic Trust, LLC | 16 | $134 | 0.00% | −413−96.3% | Reduced |
| IAG Wealth Partners, LLC | 27 | $225 | 0.00% | 00.0% | Unchanged |
| Ankerstar Wealth, LLC | 30 | $250 | 0.00% | +30 | New |
| Trust Co | 31 | $258 | 0.00% | +31 | New |
| JFS Wealth Advisors, LLC | 33 | $275 | 0.00% | +31+1,550.0% | Added |
| Trust Co of Vermont | 45 | $375 | 0.00% | 00.0% | Unchanged |
| Cornerstone Planning Group LLC | 48 | $379 | 0.00% | −63−56.8% | Reduced |
| Transamerica Financial Advisors, Inc. | 46 | $383 | 0.00% | −76−62.3% | Reduced |
| Root Financial Partners, LLC | 46 | $383 | 0.00% | −37−44.6% | Reduced |
| TD Capital Management LLC | 50 | $417 | 0.00% | 00.0% | Unchanged |
| Rialto Wealth Management, LLC | 57 | $475 | 0.00% | +57 | New |
| Bogart Wealth, LLC | 61 | $508 | 0.00% | +61 | New |
| Smartleaf Asset Management LLC | 68 | $564 | 0.00% | +16+30.8% | Added |
| Horizon Investments, LLC | 76 | $633 | 0.00% | +76 | New |
| Rossby Financial, LCC | 80 | $666 | 0.00% | −230−74.2% | Reduced |
| Walleye Capital LLC | 97 | $808 | 0.00% | −28,060−99.7% | Reduced |
| Lodestone Wealth Management LLC | 97 | $808 | 0.00% | +97 | New |
| Bruce G. Allen Investments, LLC | 100 | $833 | 0.00% | −39−28.1% | Reduced |
| Ogorek Anthony Joseph | 184 | $1.00K | 0.00% | −241−56.7% | Reduced |
| Avion Wealth | 124 | $1.00K | 0.00% | −79−38.9% | Reduced |
| Capital Advisors, Ltd. LLC | 158 | $1.00K | 0.00% | +156+7,800.0% | Added |
| Kilter Group LLC | 121 | $1.01K | 0.00% | +121 | New |
| Sankala Group LLC | 139 | $1.06K | 0.00% | +139 | New |
| Spire Wealth Management | 134 | $1.12K | 0.00% | −265−66.4% | Reduced |
| Ronald Blue Trust, Inc. | 153 | $1.27K | 0.00% | +153 | New |
| ORG Partners LLC | 186 | $1.55K | 0.00% | +186 | New |
| Elyxium Wealth, LLC | 186 | $1.55K | 0.00% | +186 | New |
| MV Capital Management, Inc. | 187 | $1.56K | 0.00% | −35−15.8% | Reduced |
| UMA Financial Services, Inc. | 199 | $1.66K | 0.00% | +68+51.9% | Added |
| First Community Trust NA | 200 | $1.67K | 0.00% | 00.0% | Unchanged |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 213 | $1.74K | 0.00% | 00.0% | Unchanged |
| Sunbelt Securities, Inc. | 211 | $1.76K | 0.00% | +211 | New |
| Nalls Sherbakoff Group, LLC | 212 | $1.77K | 0.00% | 00.0% | Unchanged |
| Abound Wealth Management | 226 | $1.88K | 0.00% | 00.0% | Unchanged |
| Bullseye Investment Management, LLC | 229 | $1.91K | 0.00% | +229 | New |
| Turning Point Benefit Group, Inc. | 235 | $1.96K | 0.00% | +235 | New |
| Sachetta, LLC | 252 | $2.10K | 0.00% | +252 | New |
| Red Tortoise LLC | 253 | $2.11K | 0.00% | −44−14.8% | Reduced |
| St Germain D J Co Inc | 285 | $2.37K | 0.00% | 00.0% | Unchanged |
| Princeton Global Asset Management LLC | 285 | $2.37K | 0.00% | 00.0% | Unchanged |
| N.E.W. Advisory Services LLC | 288 | $2.40K | 0.00% | 00.0% | Unchanged |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 300 | $2.50K | 0.00% | +300 | New |
| Clearstead Advisors, LLC | 322 | $2.69K | 0.00% | +302+1,510.0% | Added |
| Alerus Financial NA | 324 | $2.70K | 0.00% | 00.0% | Unchanged |
| Commonwealth Retirement Investments LLC | 327 | $2.72K | 0.00% | +327 | New |
| NBT Bank N A | 8 | $3.04K | 0.00% | −1−11.1% | Reduced |
| Harbor Investment Advisory, LLC | 375 | $3.12K | 0.00% | 00.0% | Unchanged |
| Financial Management Professionals, Inc. | 425 | $3.54K | 0.00% | 00.0% | Unchanged |
| McIlrath & Eck, LLC | 476 | $3.96K | 0.00% | 00.0% | Unchanged |
| Crews Bank & Trust | 531 | $4.42K | 0.00% | 00.0% | Unchanged |
| Indiana Trust & Investment Management CO | 541 | $4.51K | 0.00% | 00.0% | Unchanged |
| Fortitude Family Office, LLC | 565 | $4.71K | 0.00% | +519+1,128.3% | Added |
| Atlantic Union Bankshares Corp | 600 | $5.00K | 0.00% | 00.0% | Unchanged |
| Triumph Capital Management | 625 | $5.21K | 0.00% | +625 | New |
| Creative Financial Designs Inc | 744 | $6.20K | 0.00% | +118+18.8% | Added |
| Pittenger & Anderson Inc | 750 | $6.25K | 0.00% | 00.0% | Unchanged |
| Align Financial, LLC | 6,248 | $6.25K | 0.00% | +6,248 | New |
| Stone House Investment Management, LLC | 781 | $6.51K | 0.00% | +276+54.7% | Added |
| Medallion Wealth Advisors, LLC | 800 | $6.66K | 0.00% | 00.0% | Unchanged |
| Los Angeles Capital Management LLC | 881 | $7.50K | 0.00% | +881 | New |
| Nomura Asset Management Co Ltd | 1,000 | $8.33K | 0.00% | 00.0% | Unchanged |
| Bangor Savings Bank | 1,000 | $8.33K | 0.00% | 00.0% | Unchanged |
| CoreCap Advisors, LLC | 1,000 | $8.33K | 0.00% | 00.0% | Unchanged |
| Elkhorn Partners Limited Partnership | 1,000 | $8.33K | 0.01% | +1,000 | New |
| SageView Advisory Group, LLC | 1,068 | $8.90K | 0.00% | +1,068 | New |
| Farmers & Merchants Investments Inc | 1,137 | $9.47K | 0.00% | −75−6.2% | Reduced |
| Spurstone Advisory Services, LLC | 1,200 | $10.0K | 0.16% | 00.0% | Unchanged |
| Salomon & Ludwin, LLC | 1,255 | $10.2K | 0.00% | −345−21.6% | Reduced |
| First United Bank Trust | 1,233 | $10.3K | 0.00% | 00.0% | Unchanged |
| Danske Bank A/S | 1,300 | $10.8K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 1,348 | $11.2K | 0.00% | −11,988−89.9% | Reduced |
| Cullen/Frost Bankers, Inc. | 1,394 | $11.6K | 0.00% | +318+29.6% | Added |
| Harbour Investments, Inc. | 1,411 | $11.8K | 0.00% | +19+1.4% | Added |
| Motco | 1,417 | $11.8K | 0.00% | 00.0% | Unchanged |
| Field & Main Bank | 1,500 | $12.5K | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 1,511 | $12.6K | 0.00% | +209+16.1% | Added |
| Parkside Financial Bank & Trust | 1,525 | $12.7K | 0.00% | +430+39.3% | Added |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,706 | $13.6K | 0.00% | +1,706 | New |
| MCF Advisors LLC | 1,791 | $14.9K | 0.00% | +1,781+17,810.0% | Added |
| CX Institutional | 1,856 | $15.0K | 0.00% | +31+1.7% | Added |
| ZRC Wealth Management, LLC | 1,823 | $15.2K | 0.01% | +1,736+1,995.4% | Added |
| Harvest Fund Management Co., Ltd | 1,075 | $16.0K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 2,122 | $17.7K | 0.00% | +825+63.6% | Added |
| Hazlett, Burt & Watson, Inc. | 2,125 | $18.0K | 0.01% | 00.0% | Unchanged |
| Key Capital Management, INC | 2,237 | $18.6K | 0.02% | +2,237 | New |
| True Wealth Design, LLC | 2,387 | $19.9K | 0.01% | −2,302−49.1% | Reduced |
| Garner Asset Management Corp | 2,600 | $21.7K | 0.01% | +2,600 | New |
| SBI Securities Co., Ltd. | 2,605 | $21.7K | 0.00% | −105−3.9% | Reduced |
| Global Retirement Partners, LLC | 2,748 | $22.9K | 0.00% | +513+23.0% | Added |