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 |
|---|---|---|---|---|---|
| Kingsview Wealth Management, LLC | 67,338 | $560.9K | 0.01% | +67,338 | New |
| Police & Firemen's Retirement System of New Jersey | 68,383 | $569.6K | 0.00% | −4,048−5.6% | Reduced |
| Legacy Capital Group California, Inc. | 68,441 | $570.1K | 0.14% | −440−0.6% | Reduced |
| CI Private Wealth, LLC | 70,927 | $590.8K | 0.00% | +17,831+33.6% | Added |
| Louisiana State Employees Retirement System | 72,400 | $603.1K | 0.01% | −300−0.4% | Reduced |
| Raymond James Financial Inc | 73,536 | $612.6K | 0.00% | −2,479−3.3% | Reduced |
| Janney Montgomery Scott LLC | 74,087 | $617.0K | 0.00% | −7,063−8.7% | Reduced |
| Exchange Traded Concepts, LLC | 75,914 | $632.4K | 0.01% | −2,238−2.9% | Reduced |
| Cetera Investment Advisers | 77,230 | $643.3K | 0.00% | +11,980+18.4% | Added |
| M&T Bank Corp | 77,933 | $649.0K | 0.00% | +39,396+102.2% | Added |
| State of Wisconsin Investment Board | 80,778 | $672.9K | 0.00% | −37,978−32.0% | Reduced |
| Buckingham Strategic Partners | 82,273 | $685.3K | 0.01% | −3,339−3.9% | Reduced |
| Commonwealth Equity Services, LLC | 83,382 | $694.6K | 0.00% | +26,432+46.4% | Added |
| Gabelli Funds LLC | 84,000 | $699.7K | 0.00% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 86,282 | $718.7K | 0.00% | +86,282 | New |
| Bridgewater Associates, LP | 87,531 | $729.1K | 0.00% | −9,674−10.0% | Reduced |
| Lotus Technology Management, LP | 88,272 | $735.3K | 0.41% | +88,272 | New |
| New York State Common Retirement Fund | 88,431 | $736.6K | 0.00% | 00.0% | Unchanged |
| Illinois Municipal Retirement Fund | 88,748 | $739.3K | 0.01% | +88,748 | New |
| Walleye Trading LLC | 90,315 | $752.3K | 0.01% | +90,315 | New |
| Jump Financial, LLC | 90,346 | $752.6K | 0.01% | −3,651−3.9% | Reduced |
| PEAK6 LLC | 91,334 | $760.8K | 0.02% | +91,334 | New |
| State of Alaska, Department of Revenue | 91,885 | $765.0K | 0.01% | +1,321+1.5% | Added |
| Assenagon Asset Management S.A. | 93,735 | $780.8K | 0.00% | +93,735 | New |
| Leonteq Securities AG | 94,283 | $785.4K | 0.04% | +21,198+29.0% | Added |
| Occudo Quantitative Strategies LP | 95,046 | $791.7K | 0.05% | +95,046 | New |
| Quantbot Technologies LP | 98,576 | $821.1K | 0.03% | −27,739−22.0% | Reduced |
| Mercer Global Advisors Inc | 98,911 | $823.9K | 0.00% | +16,725+20.4% | Added |
| KLP Kapitalforvaltning AS | 102,500 | $853.8K | 0.00% | +3,000+3.0% | Added |
| Pallas Capital Advisors LLC | 103,345 | $860.9K | 0.03% | −9,393−8.3% | Reduced |
| D. E. Shaw & Co., Inc. | 107,342 | $894.2K | 0.00% | +77,825+263.7% | Added |
| ExodusPoint Capital Management, LP | 115,039 | $958.3K | 0.01% | +68,506+147.2% | Added |
| Barclays PLC | 116,152 | $967.5K | 0.00% | −24,878−17.6% | Reduced |
| Worldquant Millennium Advisors LLC | 117,843 | $981.6K | 0.00% | +67,788+135.4% | Added |
| Alliancebernstein L.P. | 119,467 | $995.2K | 0.00% | −211,035−63.9% | Reduced |
| Summit Trail Advisors, LLC | 119,931 | $999.0K | 0.02% | −21,046−14.9% | Reduced |
| Bank of Montreal | 123,919 | $1.03M | 0.00% | +1,991+1.6% | Added |
| SG Americas Securities, LLC | 126,035 | $1.05M | 0.00% | +55,028+77.5% | Added |
| Citigroup Inc | 127,023 | $1.06M | 0.00% | −141,322−52.7% | Reduced |
| Winton Group Ltd | 127,332 | $1.06M | 0.04% | +74,372+140.4% | Added |
| BNP Paribas Arbitrage, SA | 131,507 | $1.10M | 0.00% | −68,539−34.3% | Reduced |
| Oak Thistle LLC | 140,064 | $1.17M | 0.16% | −39,019−21.8% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 142,825 | $1.19M | 0.00% | −4,688−3.2% | Reduced |
| Captrust Financial Advisors | 144,561 | $1.20M | 0.00% | +32,147+28.6% | Added |
| Prudential Financial Inc | 146,380 | $1.22M | 0.00% | −5,237−3.5% | Reduced |
| SEI Investments Co | 147,364 | $1.23M | 0.00% | −27,055−15.5% | Reduced |
| California State Teachers Retirement System | 148,232 | $1.23M | 0.00% | −364−0.2% | Reduced |
| Mariner, LLC | 163,458 | $1.36M | 0.00% | +51,169+45.6% | Added |
| Group One Trading, L.P. | 163,686 | $1.36M | 0.04% | +6,039+3.8% | Added |
| Federated Hermes, Inc. | 164,968 | $1.37M | 0.00% | −57,590−25.9% | Reduced |
| Price T Rowe Associates Inc | 166,902 | $1.39M | 0.00% | +16,774+11.2% | Added |
| Great West Life Assurance Co | 167,596 | $1.40M | 0.00% | −1,715−1.0% | Reduced |
| Simplex Trading, LLC | 172,494 | $1.44M | 0.04% | −46,644−21.3% | Reduced |
| Atom Investors LP | 177,565 | $1.48M | 0.12% | +114,689+182.4% | Added |
| Brevan Howard Capital Management LP | 181,945 | $1.52M | 0.03% | −87,589−32.5% | Reduced |
| Thrivent Financial for Lutherans | 182,088 | $1.52M | 0.00% | +67,980+59.6% | Added |
| LPL Financial LLC | 183,633 | $1.53M | 0.00% | −2,127−1.1% | Reduced |
| Bank of Nova Scotia | 190,144 | $1.58M | 0.00% | +149,151+363.8% | Added |
| State Board of Administration of Florida Retirement System | 196,604 | $1.64M | 0.00% | −23,810−10.8% | Reduced |
| New York State Teachers Retirement System | 202,417 | $1.69M | 0.00% | −1,553−0.8% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 210,519 | $1.78M | 0.00% | +44,327+26.7% | Added |
| Guggenheim Capital LLC | 217,258 | $1.81M | 0.01% | +8,577+4.1% | Added |
| Bridgefront Capital, LLC | 220,361 | $1.84M | 0.46% | +210,077+2,042.8% | Added |
| CWM, LLC | 232,447 | $1.94M | 0.01% | −7,676−3.2% | Reduced |
| JPMorgan Chase & Co | 255,487 | $2.13M | 0.00% | +25,605+11.1% | Added |
| Nuveen, LLC | 275,497 | $2.29M | 0.00% | −475,387−63.3% | Reduced |
| American Century Companies Inc | 283,149 | $2.36M | 0.00% | −11,369−3.9% | Reduced |
| HRT Financial LP | 295,052 | $2.46M | 0.01% | +295,052 | New |
| Ameriprise Financial Inc | 315,107 | $2.62M | 0.00% | −7,744−2.4% | Reduced |
| Swiss National Bank | 319,400 | $2.66M | 0.00% | +3,000+0.9% | Added |
| Soviero Asset Management, LP | 320,000 | $2.67M | 1.39% | +320,000 | New |
| Victory Capital Management Inc | 342,888 | $2.86M | 0.00% | +13,209+4.0% | Added |
| Verition Fund Management LLC | 346,485 | $2.89M | 0.02% | −125,832−26.6% | Reduced |
| Deutsche Bank AG | 347,923 | $2.90M | 0.00% | +321,289+1,206.3% | Added |
| Horizon Kinetics Asset Management LLC | 359,896 | $3.00M | 0.04% | −106,525−22.8% | Reduced |
| IMC-Chicago, LLC | 366,436 | $3.05M | 0.05% | +87,830+31.5% | Added |
| Bessemer Group Inc | 379,554 | $3.16M | 0.00% | +377,714+20,527.9% | Added |
| Ruffer LLP | 382,890 | $3.19M | 0.15% | +382,890 | New |
| SummitTX Capital, L.P. | 392,948 | $3.27M | 0.10% | +129,970+49.4% | Added |
| Franklin Resources Inc | 419,194 | $3.49M | 0.00% | +301,588+256.4% | Added |
| Legal & General Group Plc | 444,529 | $3.70M | 0.00% | −18,775−4.1% | Reduced |
| Holocene Advisors, LP | 459,057 | $3.82M | 0.01% | −4,867−1.0% | Reduced |
| Ieq Capital, LLC | 470,500 | $3.92M | 0.01% | +96,558+25.8% | Added |
| UBS Asset Management Americas Inc | 492,574 | $4.10M | 0.00% | −19,492−3.8% | Reduced |
| Royal Bank of Canada | 498,697 | $4.15M | 0.00% | −416,993−45.5% | Reduced |
| Creative Planning | 520,688 | $4.34M | 0.00% | +126,077+31.9% | Added |
| Dark Forest Capital Management LP | 536,103 | $4.47M | 0.20% | +413,259+336.4% | Added |
| Cerity Partners LLC | 537,489 | $4.48M | 0.01% | +53,549+11.1% | Added |
| Public Sector Pension Investment Board | 546,739 | $4.55M | 0.02% | −70,228−11.4% | Reduced |
| Rhumbline Advisers | 547,447 | $4.56M | 0.00% | +24,367+4.7% | Added |
| Alps Advisors Inc | 599,839 | $5.00M | 0.03% | −34,465−5.4% | Reduced |
| Advisors Asset Management, Inc. | 628,044 | $5.23M | 0.09% | +115,639+22.6% | Added |
| First Trust Advisors LP | 652,325 | $5.43M | 0.00% | +552,830+555.6% | Added |
| Two Sigma Advisers, LP | 672,805 | $5.60M | 0.01% | +260,600+63.2% | Added |
| Schonfeld Strategic Advisors LLC | 697,655 | $5.81M | 0.03% | +697,655 | New |
| Colony Group, LLC | 712,052 | $5.94M | 0.01% | +647,585+1,004.5% | Added |
| Principal Financial Group Inc | 750,432 | $6.25M | 0.00% | −9,188−1.2% | Reduced |
| Sound Income Strategies, LLC | 760,067 | $6.32M | 0.30% | −27,051−3.4% | Reduced |
| Susquehanna International Group, LLP | 851,545 | $7.09M | 0.01% | +230,653+37.1% | Added |
| Janus Henderson Group PLC | 879,497 | $7.33M | 0.00% | +680,603+342.2% | Added |