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 |
|---|---|---|---|---|---|
| Northwestern Mutual Wealth Management Co | 2,765 | $23.0K | 0.00% | +1,354+96.0% | Added |
| Pflug Koory, LLC | 2,805 | $23.4K | 0.01% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 2,952 | $24.6K | 0.00% | −10,322−77.8% | Reduced |
| Investors Research Corp | 3,000 | $25.0K | 0.00% | 00.0% | Unchanged |
| Bartlett & Co. Wealth Management LLC | 3,107 | $25.9K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 3,254 | $27.1K | 0.00% | −234,591−98.6% | Reduced |
| Steward Partners Investment Advisory, LLC | 3,467 | $28.9K | 0.00% | 00.0% | Unchanged |
| Massmutual Trust Co FSB | 3,563 | $29.7K | 0.00% | +306+9.4% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 3,571 | $30.0K | 0.00% | +1,137+46.7% | Added |
| Hilton Head Capital Partners, LLC | 3,607 | $30.0K | 0.02% | +3,607 | New |
| Versant Capital Management, Inc | 3,734 | $31.1K | 0.00% | +567+17.9% | Added |
| Fifth Third Bancorp | 3,829 | $31.9K | 0.00% | +2,362+161.0% | Added |
| STRS Ohio | 3,834 | $31.9K | 0.00% | +7+0.2% | Added |
| IFP Advisors, Inc | 3,880 | $32.3K | 0.00% | −884−18.6% | Reduced |
| Gen-Wealth Partners Inc | 3,954 | $32.9K | 0.01% | +3,954 | New |
| Pinnacle Wealth Planning Services, Inc. | 4,232 | $35.3K | 0.00% | +4,232 | New |
| Ancora Advisors, LLC | 4,670 | $38.9K | 0.00% | +4,670 | New |
| Sterling Capital Management LLC | 5,839 | $48.6K | 0.00% | +153+2.7% | Added |
| Tower Research Capital LLC (TRC) | 5,876 | $48.9K | 0.00% | −27,810−82.6% | Reduced |
| MetLife Investment Management | 5,985 | $49.9K | 0.00% | +11+0.2% | Added |
| KBC Group NV | 6,196 | $52.0K | 0.00% | 00.0% | Unchanged |
| Quarry LP | 6,416 | $53.4K | 0.01% | −6,217−49.2% | Reduced |
| Quest Partners LLC | 7,049 | $58.7K | 0.00% | −44,442−86.3% | Reduced |
| Allworth Financial LP | 7,295 | $60.8K | 0.00% | −7,624−51.1% | Reduced |
| Rothschild Investment LLC | 7,490 | $62.4K | 0.00% | +7,480+74,800.0% | Added |
| Security National Bank | 8,087 | $67.4K | 0.01% | +125+1.6% | Added |
| Farther Finance Advisors, LLC | 8,392 | $69.9K | 0.00% | +2,992+55.4% | Added |
| Huntington National Bank | 9,458 | $78.8K | 0.00% | −671−6.6% | Reduced |
| LSV Asset Management | 9,800 | $82.0K | 0.00% | 00.0% | Unchanged |
| FNY Investment Advisers, LLC | 10,000 | $83.0K | 0.02% | +10,000 | New |
| Cherokee Insurance Co | 10,000 | $83.3K | 0.03% | 00.0% | Unchanged |
| Cane Capital Partners, LLC | 10,000 | $83.3K | 0.03% | +10,000 | New |
| Quent Capital, LLC | 10,006 | $83.3K | 0.01% | +9,094+997.1% | Added |
| KG&L Capital Management,LLC | 10,020 | $83.5K | 0.02% | +10,020 | New |
| Independent Advisor Alliance | 10,039 | $83.6K | 0.00% | +10,039 | New |
| MAI Capital Management | 10,164 | $84.7K | 0.00% | +833+8.9% | Added |
| EverSource Wealth Advisors, LLC | 10,166 | $84.7K | 0.00% | −2,995−22.8% | Reduced |
| Pinnacle Associates Ltd | 10,214 | $85.1K | 0.00% | +174+1.7% | Added |
| Baird Financial Group, Inc. | 10,230 | $85.2K | 0.00% | −293,102−96.6% | Reduced |
| Sargent Investment Group, LLC | 10,295 | $85.8K | 0.01% | +10,295 | New |
| Sowell Financial Services LLC | 10,324 | $86.0K | 0.00% | +10,324 | New |
| denkapparat Operations GmbH | 10,338 | $86.1K | 0.05% | 00.0% | Unchanged |
| Atlas Brown,Inc. | 10,361 | $86.3K | 0.03% | +10,361 | New |
| GAMMA Investing LLC | 10,547 | $87.9K | 0.00% | +9,984+1,773.4% | Added |
| Rockefeller Capital Management L.P. | 10,580 | $88.1K | 0.00% | +2,007+23.4% | Added |
| Kestra Advisory Services, LLC | 10,727 | $89.4K | 0.00% | −1,079−9.1% | Reduced |
| HSBC Holdings PLC | 10,744 | $89.5K | 0.00% | −558−4.9% | Reduced |
| Miller Financial Services LLC | 10,907 | $90.9K | 0.11% | −2,000−15.5% | Reduced |
| Ballentine Partners, LLC | 11,000 | $91.6K | 0.00% | −9,610−46.6% | Reduced |
| Kera Capital Partners, Inc. | 11,855 | $92.3K | 0.01% | +11,855 | New |
| Callan Family Office, LLC | 11,088 | $92.4K | 0.00% | +11,088 | New |
| West Family Investments, Inc. | 11,166 | $93.0K | 0.02% | +11,166 | New |
| CSS LLC | 11,350 | $94.5K | 0.01% | −79,522−87.5% | Reduced |
| Coldstream Capital Management Inc | 11,368 | $94.7K | 0.00% | +308+2.8% | Added |
| Aster Capital Management (DIFC) Ltd | 11,603 | $96.7K | 0.04% | −4,357−27.3% | Reduced |
| Wexford Capital LP | 11,614 | $96.7K | 0.02% | +11,614 | New |
| Altar Rock LLC | 11,643 | $97.0K | 0.12% | +11,643 | New |
| TCG Advisory Services, LLC | 11,788 | $98.2K | 0.00% | −9,047−43.4% | Reduced |
| Oasis Management Co Ltd. | 11,903 | $99.2K | 0.01% | +11,903 | New |
| PDS Planning, Inc | 11,932 | $99.4K | 0.01% | −961−7.5% | Reduced |
| Sym Financial Corp | 12,038 | $100.3K | 0.01% | −2,831−19.0% | Reduced |
| Sagewood Asset Management LP | 12,065 | $100.5K | 0.04% | +12,065 | New |
| Johnson Investment Counsel Inc | 12,074 | $100.6K | 0.00% | +100+0.8% | Added |
| Semanteon Capital Management, LP | 12,112 | $100.9K | 13.52% | +12,112 | New |
| Greenleaf Trust | 12,299 | $102.5K | 0.00% | +12,299 | New |
| Whitcomb & Hess, Inc. | 12,311 | $102.7K | 0.02% | +195+1.6% | Added |
| United Capital Financial Advisers, LLC | 12,491 | $104.0K | 0.00% | −4,011−24.3% | Reduced |
| Aigen Investment Management, LP | 12,662 | $105.5K | 0.02% | +12,662 | New |
| Vista Investment Partners LLC | 12,791 | $106.5K | 0.03% | +12,791 | New |
| Crossmark Global Holdings, Inc. | 12,802 | $106.6K | 0.00% | −57−0.4% | Reduced |
| Capital Performance Advisors LLP | 12,819 | $106.8K | 0.01% | +1,005+8.5% | Added |
| GWM Advisors LLC | 12,898 | $107.4K | 0.00% | +1,647+14.6% | Added |
| 1st Source Bank | 12,905 | $107.5K | 0.01% | −1,680−11.5% | Reduced |
| Capital Investment Advisors, LLC | 12,907 | $107.5K | 0.00% | +759+6.2% | Added |
| Gabelli & Co Investment Advisers, Inc. | 13,000 | $108.3K | 0.02% | 00.0% | Unchanged |
| Miracle Mile Advisors, LLC | 13,070 | $108.9K | 0.00% | −948−6.8% | Reduced |
| Covestor Ltd | 13,171 | $110.0K | 0.06% | +4,560+53.0% | Added |
| Allspring Global Investments Holdings, LLC | 13,854 | $114.8K | 0.00% | +13,854 | New |
| Geneos Wealth Management Inc. | 14,100 | $117.5K | 0.00% | +14,100 | New |
| Everhart Financial Group, Inc. | 14,377 | $119.8K | 0.01% | +523+3.8% | Added |
| Transcend Wealth Collective, LLC | 14,449 | $120.4K | 0.01% | +1,350+10.3% | Added |
| Towerview LLC | 14,500 | $120.8K | 0.09% | 00.0% | Unchanged |
| Marex Group plc | 14,844 | $123.7K | 0.00% | +14,844 | New |
| ESL Trust Services, LLC | 14,866 | $123.8K | 0.02% | 00.0% | Unchanged |
| Barnett & Company, Inc. | 15,000 | $125.0K | 0.10% | 00.0% | Unchanged |
| Xponance, Inc. | 15,138 | $126.1K | 0.00% | +654+4.5% | Added |
| Catalyst Funds Management Pty Ltd | 15,600 | $129.9K | 0.03% | 00.0% | Unchanged |
| DekaBank Deutsche Girozentrale | 5,920 | $130.0K | 0.00% | 00.0% | Unchanged |
| Waddell & Associates, LLC | 15,807 | $131.7K | 0.01% | −2,612−14.2% | Reduced |
| waypoint wealth counsel | 15,933 | $132.7K | 0.05% | +888+5.9% | Added |
| North Star Investment Management Corp. | 15,964 | $133.0K | 0.01% | +20.0% | Added |
| CIBC Private Wealth Group, LLC | 16,203 | $135.0K | 0.00% | −8,191−33.6% | Reduced |
| Brinker Capital Investments, LLC | 16,240 | $135.3K | 0.00% | −5,786−26.3% | Reduced |
| EP Wealth Advisors, LLC | 16,256 | $135.4K | 0.00% | +16,256 | New |
| Profund Advisors LLC | 16,262 | $135.5K | 0.00% | +16,262 | New |
| FSM Wealth Advisors, LLC | 16,553 | $137.9K | 0.02% | +1,111+7.2% | Added |
| PCM Encore, LLC | 16,593 | $138.2K | 0.03% | +16,593 | New |
| Hennion & Walsh Asset Management, Inc. | 16,736 | $139.4K | 0.00% | −349−2.0% | Reduced |
| 71 West Capital Partners | 16,761 | $139.6K | 0.01% | +16,761 | New |
| CIBC Asset Management Inc | 16,883 | $140.6K | 0.00% | +4,960+41.6% | Added |