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 |
|---|---|---|---|---|---|
| XTX Topco Ltd | 22,729 | $189.3K | 0.00% | −40,639−64.1% | Reduced |
| Lecap Asset Management Ltd | 22,491 | $187.3K | 0.07% | +22,491 | New |
| Signaturefd, LLC | 22,320 | $185.9K | 0.00% | +15,599+232.1% | Added |
| Comerica Bank | 22,235 | $185.2K | 0.00% | −10,097−31.2% | Reduced |
| Skopos Labs, Inc. | 22,229 | $184.9K | 0.01% | +22,229 | New |
| Evoke Wealth, LLC | 22,174 | $184.7K | 0.00% | −7,481−25.2% | Reduced |
| Pensionmark Financial Group, LLC | 22,048 | $183.7K | 0.00% | +22,048 | New |
| Krilogy Financial LLC | 22,263 | $179.9K | 0.01% | −2,712−10.9% | Reduced |
| Chicago Partners Investment Group LLC | 21,357 | $179.8K | 0.00% | −12,955−37.8% | Reduced |
| Alpine Global Management, LLC | 21,556 | $179.6K | 0.04% | +21,556 | New |
| Robertson Stephens Wealth Management, LLC | 21,409 | $178.3K | 0.01% | +21,409 | New |
| Evolve Private Wealth, LLC | 20,707 | $172.5K | 0.01% | +20,707 | New |
| Sanctuary Advisors, LLC | 20,646 | $172.0K | 0.00% | +1,062+5.4% | Added |
| Lido Advisors, LLC | 18,872 | $170.1K | 0.00% | +3,157+20.1% | Added |
| Syon Capital LLC | 19,600 | $163.3K | 0.01% | +4,860+33.0% | Added |
| Warren Averett Asset Management, LLC | 19,512 | $162.5K | 0.00% | +4,632+31.1% | Added |
| Parallel Advisors, LLC | 18,728 | $156.0K | 0.00% | +11,209+149.1% | Added |
| Wiley Bros.-Aintree Capital, LLC | 18,556 | $154.6K | 0.00% | +18,556 | New |
| US Bancorp | 18,117 | $150.9K | 0.00% | +542+3.1% | Added |
| Mutual of America Capital Management LLC | 18,056 | $150.4K | 0.00% | +338+1.9% | Added |
| Patriot Financial Group Insurance Agency, LLC | 18,033 | $150.2K | 0.02% | +18,033 | New |
| Murchinson Ltd. | 18,000 | $149.9K | 0.08% | +18,000 | New |
| O'Shaughnessy Asset Management, LLC | 17,776 | $148.1K | 0.00% | +17,776 | New |
| Public Employees Retirement Association of Colorado | 17,733 | $148.0K | 0.00% | 00.0% | Unchanged |
| Sivia Capital Partners, LLC | 17,712 | $147.5K | 0.03% | +17,712 | New |
| Ausdal Financial Partners, Inc. | 17,651 | $147.0K | 0.01% | +3,489+24.6% | Added |
| Balyasny Asset Management LLC | 17,437 | $145.3K | 0.00% | +17,437 | New |
| Williams Jones Wealth Management, LLC. | 17,000 | $141.6K | 0.00% | −1,500−8.1% | Reduced |
| We Are One Seven, LLC | 16,895 | $140.7K | 0.00% | +1,026+6.5% | Added |
| CIBC Asset Management Inc | 16,883 | $140.6K | 0.00% | +4,960+41.6% | Added |
| 71 West Capital Partners | 16,761 | $139.6K | 0.01% | +16,761 | New |
| Hennion & Walsh Asset Management, Inc. | 16,736 | $139.4K | 0.00% | −349−2.0% | Reduced |
| PCM Encore, LLC | 16,593 | $138.2K | 0.03% | +16,593 | New |
| FSM Wealth Advisors, LLC | 16,553 | $137.9K | 0.02% | +1,111+7.2% | Added |
| Profund Advisors LLC | 16,262 | $135.5K | 0.00% | +16,262 | New |
| EP Wealth Advisors, LLC | 16,256 | $135.4K | 0.00% | +16,256 | New |
| Brinker Capital Investments, LLC | 16,240 | $135.3K | 0.00% | −5,786−26.3% | Reduced |
| CIBC Private Wealth Group, LLC | 16,203 | $135.0K | 0.00% | −8,191−33.6% | Reduced |
| North Star Investment Management Corp. | 15,964 | $133.0K | 0.01% | +20.0% | Added |
| waypoint wealth counsel | 15,933 | $132.7K | 0.05% | +888+5.9% | Added |
| Waddell & Associates, LLC | 15,807 | $131.7K | 0.01% | −2,612−14.2% | Reduced |
| DekaBank Deutsche Girozentrale | 5,920 | $130.0K | 0.00% | 00.0% | Unchanged |
| Catalyst Funds Management Pty Ltd | 15,600 | $129.9K | 0.03% | 00.0% | Unchanged |
| Xponance, Inc. | 15,138 | $126.1K | 0.00% | +654+4.5% | Added |
| Barnett & Company, Inc. | 15,000 | $125.0K | 0.10% | 00.0% | Unchanged |
| ESL Trust Services, LLC | 14,866 | $123.8K | 0.02% | 00.0% | Unchanged |
| Marex Group plc | 14,844 | $123.7K | 0.00% | +14,844 | New |
| Towerview LLC | 14,500 | $120.8K | 0.09% | 00.0% | Unchanged |
| Transcend Wealth Collective, LLC | 14,449 | $120.4K | 0.01% | +1,350+10.3% | Added |
| Everhart Financial Group, Inc. | 14,377 | $119.8K | 0.01% | +523+3.8% | Added |
| Geneos Wealth Management Inc. | 14,100 | $117.5K | 0.00% | +14,100 | New |
| Allspring Global Investments Holdings, LLC | 13,854 | $114.8K | 0.00% | +13,854 | New |
| Covestor Ltd | 13,171 | $110.0K | 0.06% | +4,560+53.0% | Added |
| Miracle Mile Advisors, LLC | 13,070 | $108.9K | 0.00% | −948−6.8% | Reduced |
| Gabelli & Co Investment Advisers, Inc. | 13,000 | $108.3K | 0.02% | 00.0% | Unchanged |
| Capital Investment Advisors, LLC | 12,907 | $107.5K | 0.00% | +759+6.2% | Added |
| 1st Source Bank | 12,905 | $107.5K | 0.01% | −1,680−11.5% | Reduced |
| GWM Advisors LLC | 12,898 | $107.4K | 0.00% | +1,647+14.6% | Added |
| Capital Performance Advisors LLP | 12,819 | $106.8K | 0.01% | +1,005+8.5% | Added |
| Crossmark Global Holdings, Inc. | 12,802 | $106.6K | 0.00% | −57−0.4% | Reduced |
| Vista Investment Partners LLC | 12,791 | $106.5K | 0.03% | +12,791 | New |
| Aigen Investment Management, LP | 12,662 | $105.5K | 0.02% | +12,662 | New |
| United Capital Financial Advisers, LLC | 12,491 | $104.0K | 0.00% | −4,011−24.3% | Reduced |
| Whitcomb & Hess, Inc. | 12,311 | $102.7K | 0.02% | +195+1.6% | Added |
| Greenleaf Trust | 12,299 | $102.5K | 0.00% | +12,299 | New |
| Semanteon Capital Management, LP | 12,112 | $100.9K | 13.52% | +12,112 | New |
| Johnson Investment Counsel Inc | 12,074 | $100.6K | 0.00% | +100+0.8% | Added |
| Sagewood Asset Management LP | 12,065 | $100.5K | 0.04% | +12,065 | New |
| Sym Financial Corp | 12,038 | $100.3K | 0.01% | −2,831−19.0% | Reduced |
| PDS Planning, Inc | 11,932 | $99.4K | 0.01% | −961−7.5% | Reduced |
| Oasis Management Co Ltd. | 11,903 | $99.2K | 0.01% | +11,903 | New |
| TCG Advisory Services, LLC | 11,788 | $98.2K | 0.00% | −9,047−43.4% | Reduced |
| Altar Rock LLC | 11,643 | $97.0K | 0.12% | +11,643 | New |
| Wexford Capital LP | 11,614 | $96.7K | 0.02% | +11,614 | New |
| Aster Capital Management (DIFC) Ltd | 11,603 | $96.7K | 0.04% | −4,357−27.3% | Reduced |
| Coldstream Capital Management Inc | 11,368 | $94.7K | 0.00% | +308+2.8% | Added |
| CSS LLC | 11,350 | $94.5K | 0.01% | −79,522−87.5% | Reduced |
| West Family Investments, Inc. | 11,166 | $93.0K | 0.02% | +11,166 | New |
| Callan Family Office, LLC | 11,088 | $92.4K | 0.00% | +11,088 | New |
| Kera Capital Partners, Inc. | 11,855 | $92.3K | 0.01% | +11,855 | New |
| Ballentine Partners, LLC | 11,000 | $91.6K | 0.00% | −9,610−46.6% | Reduced |
| Miller Financial Services LLC | 10,907 | $90.9K | 0.11% | −2,000−15.5% | Reduced |
| HSBC Holdings PLC | 10,744 | $89.5K | 0.00% | −558−4.9% | Reduced |
| Kestra Advisory Services, LLC | 10,727 | $89.4K | 0.00% | −1,079−9.1% | Reduced |
| Rockefeller Capital Management L.P. | 10,580 | $88.1K | 0.00% | +2,007+23.4% | Added |
| GAMMA Investing LLC | 10,547 | $87.9K | 0.00% | +9,984+1,773.4% | Added |
| Atlas Brown,Inc. | 10,361 | $86.3K | 0.03% | +10,361 | New |
| denkapparat Operations GmbH | 10,338 | $86.1K | 0.05% | 00.0% | Unchanged |
| Sowell Financial Services LLC | 10,324 | $86.0K | 0.00% | +10,324 | New |
| Sargent Investment Group, LLC | 10,295 | $85.8K | 0.01% | +10,295 | New |
| Baird Financial Group, Inc. | 10,230 | $85.2K | 0.00% | −293,102−96.6% | Reduced |
| Pinnacle Associates Ltd | 10,214 | $85.1K | 0.00% | +174+1.7% | Added |
| EverSource Wealth Advisors, LLC | 10,166 | $84.7K | 0.00% | −2,995−22.8% | Reduced |
| MAI Capital Management | 10,164 | $84.7K | 0.00% | +833+8.9% | Added |
| Independent Advisor Alliance | 10,039 | $83.6K | 0.00% | +10,039 | New |
| KG&L Capital Management,LLC | 10,020 | $83.5K | 0.02% | +10,020 | New |
| Quent Capital, LLC | 10,006 | $83.3K | 0.01% | +9,094+997.1% | Added |
| Cane Capital Partners, LLC | 10,000 | $83.3K | 0.03% | +10,000 | New |
| Cherokee Insurance Co | 10,000 | $83.3K | 0.03% | 00.0% | Unchanged |
| FNY Investment Advisers, LLC | 10,000 | $83.0K | 0.02% | +10,000 | New |