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 |
|---|---|---|---|---|---|
| LSV Asset Management | 9,800 | $82.0K | 0.00% | 00.0% | Unchanged |
| Huntington National Bank | 9,458 | $78.8K | 0.00% | −671−6.6% | Reduced |
| Farther Finance Advisors, LLC | 8,392 | $69.9K | 0.00% | +2,992+55.4% | Added |
| Security National Bank | 8,087 | $67.4K | 0.01% | +125+1.6% | Added |
| Rothschild Investment LLC | 7,490 | $62.4K | 0.00% | +7,480+74,800.0% | Added |
| Allworth Financial LP | 7,295 | $60.8K | 0.00% | −7,624−51.1% | Reduced |
| Quest Partners LLC | 7,049 | $58.7K | 0.00% | −44,442−86.3% | Reduced |
| Quarry LP | 6,416 | $53.4K | 0.01% | −6,217−49.2% | Reduced |
| KBC Group NV | 6,196 | $52.0K | 0.00% | 00.0% | Unchanged |
| MetLife Investment Management | 5,985 | $49.9K | 0.00% | +11+0.2% | Added |
| Tower Research Capital LLC (TRC) | 5,876 | $48.9K | 0.00% | −27,810−82.6% | Reduced |
| Sterling Capital Management LLC | 5,839 | $48.6K | 0.00% | +153+2.7% | Added |
| Ancora Advisors, LLC | 4,670 | $38.9K | 0.00% | +4,670 | New |
| Pinnacle Wealth Planning Services, Inc. | 4,232 | $35.3K | 0.00% | +4,232 | New |
| Gen-Wealth Partners Inc | 3,954 | $32.9K | 0.01% | +3,954 | New |
| IFP Advisors, Inc | 3,880 | $32.3K | 0.00% | −884−18.6% | Reduced |
| STRS Ohio | 3,834 | $31.9K | 0.00% | +7+0.2% | Added |
| Fifth Third Bancorp | 3,829 | $31.9K | 0.00% | +2,362+161.0% | Added |
| Versant Capital Management, Inc | 3,734 | $31.1K | 0.00% | +567+17.9% | Added |
| Hilton Head Capital Partners, LLC | 3,607 | $30.0K | 0.02% | +3,607 | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 3,571 | $30.0K | 0.00% | +1,137+46.7% | Added |
| Massmutual Trust Co FSB | 3,563 | $29.7K | 0.00% | +306+9.4% | Added |
| Steward Partners Investment Advisory, LLC | 3,467 | $28.9K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 3,254 | $27.1K | 0.00% | −234,591−98.6% | Reduced |
| Bartlett & Co. Wealth Management LLC | 3,107 | $25.9K | 0.00% | 00.0% | Unchanged |
| Investors Research Corp | 3,000 | $25.0K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 2,952 | $24.6K | 0.00% | −10,322−77.8% | Reduced |
| Pflug Koory, LLC | 2,805 | $23.4K | 0.01% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 2,765 | $23.0K | 0.00% | +1,354+96.0% | Added |
| Global Retirement Partners, LLC | 2,748 | $22.9K | 0.00% | +513+23.0% | Added |
| SBI Securities Co., Ltd. | 2,605 | $21.7K | 0.00% | −105−3.9% | Reduced |
| Garner Asset Management Corp | 2,600 | $21.7K | 0.01% | +2,600 | New |
| True Wealth Design, LLC | 2,387 | $19.9K | 0.01% | −2,302−49.1% | Reduced |
| Key Capital Management, INC | 2,237 | $18.6K | 0.02% | +2,237 | New |
| Hazlett, Burt & Watson, Inc. | 2,125 | $18.0K | 0.01% | 00.0% | Unchanged |
| Larson Financial Group LLC | 2,122 | $17.7K | 0.00% | +825+63.6% | Added |
| Harvest Fund Management Co., Ltd | 1,075 | $16.0K | 0.00% | 00.0% | Unchanged |
| ZRC Wealth Management, LLC | 1,823 | $15.2K | 0.01% | +1,736+1,995.4% | Added |
| CX Institutional | 1,856 | $15.0K | 0.00% | +31+1.7% | Added |
| MCF Advisors LLC | 1,791 | $14.9K | 0.00% | +1,781+17,810.0% | Added |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 1,706 | $13.6K | 0.00% | +1,706 | New |
| Parkside Financial Bank & Trust | 1,525 | $12.7K | 0.00% | +430+39.3% | Added |
| Assetmark, Inc | 1,511 | $12.6K | 0.00% | +209+16.1% | Added |
| Field & Main Bank | 1,500 | $12.5K | 0.00% | 00.0% | Unchanged |
| Motco | 1,417 | $11.8K | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 1,411 | $11.8K | 0.00% | +19+1.4% | Added |
| Cullen/Frost Bankers, Inc. | 1,394 | $11.6K | 0.00% | +318+29.6% | Added |
| Umb Bank N A | 1,348 | $11.2K | 0.00% | −11,988−89.9% | Reduced |
| Danske Bank A/S | 1,300 | $10.8K | 0.00% | 00.0% | Unchanged |
| First United Bank Trust | 1,233 | $10.3K | 0.00% | 00.0% | Unchanged |
| Salomon & Ludwin, LLC | 1,255 | $10.2K | 0.00% | −345−21.6% | Reduced |
| Spurstone Advisory Services, LLC | 1,200 | $10.0K | 0.16% | 00.0% | Unchanged |
| Farmers & Merchants Investments Inc | 1,137 | $9.47K | 0.00% | −75−6.2% | Reduced |
| SageView Advisory Group, LLC | 1,068 | $8.90K | 0.00% | +1,068 | 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 |
| Los Angeles Capital Management LLC | 881 | $7.50K | 0.00% | +881 | New |
| Medallion Wealth Advisors, LLC | 800 | $6.66K | 0.00% | 00.0% | Unchanged |
| Stone House Investment Management, LLC | 781 | $6.51K | 0.00% | +276+54.7% | Added |
| Pittenger & Anderson Inc | 750 | $6.25K | 0.00% | 00.0% | Unchanged |
| Align Financial, LLC | 6,248 | $6.25K | 0.00% | +6,248 | New |
| Creative Financial Designs Inc | 744 | $6.20K | 0.00% | +118+18.8% | Added |
| Triumph Capital Management | 625 | $5.21K | 0.00% | +625 | New |
| Atlantic Union Bankshares Corp | 600 | $5.00K | 0.00% | 00.0% | Unchanged |
| Fortitude Family Office, LLC | 565 | $4.71K | 0.00% | +519+1,128.3% | Added |
| Indiana Trust & Investment Management CO | 541 | $4.51K | 0.00% | 00.0% | Unchanged |
| Crews Bank & Trust | 531 | $4.42K | 0.00% | 00.0% | Unchanged |
| McIlrath & Eck, LLC | 476 | $3.96K | 0.00% | 00.0% | Unchanged |
| Financial Management Professionals, Inc. | 425 | $3.54K | 0.00% | 00.0% | Unchanged |
| Harbor Investment Advisory, LLC | 375 | $3.12K | 0.00% | 00.0% | Unchanged |
| NBT Bank N A | 8 | $3.04K | 0.00% | −1−11.1% | Reduced |
| Commonwealth Retirement Investments LLC | 327 | $2.72K | 0.00% | +327 | New |
| Alerus Financial NA | 324 | $2.70K | 0.00% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 322 | $2.69K | 0.00% | +302+1,510.0% | Added |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 300 | $2.50K | 0.00% | +300 | New |
| N.E.W. Advisory Services LLC | 288 | $2.40K | 0.00% | 00.0% | Unchanged |
| 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 |
| Red Tortoise LLC | 253 | $2.11K | 0.00% | −44−14.8% | Reduced |
| Sachetta, LLC | 252 | $2.10K | 0.00% | +252 | New |
| Turning Point Benefit Group, Inc. | 235 | $1.96K | 0.00% | +235 | New |
| Bullseye Investment Management, LLC | 229 | $1.91K | 0.00% | +229 | New |
| Abound Wealth Management | 226 | $1.88K | 0.00% | 00.0% | Unchanged |
| Nalls Sherbakoff Group, LLC | 212 | $1.77K | 0.00% | 00.0% | Unchanged |
| Sunbelt Securities, Inc. | 211 | $1.76K | 0.00% | +211 | New |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 213 | $1.74K | 0.00% | 00.0% | Unchanged |
| First Community Trust NA | 200 | $1.67K | 0.00% | 00.0% | Unchanged |
| UMA Financial Services, Inc. | 199 | $1.66K | 0.00% | +68+51.9% | Added |
| MV Capital Management, Inc. | 187 | $1.56K | 0.00% | −35−15.8% | Reduced |
| Elyxium Wealth, LLC | 186 | $1.55K | 0.00% | +186 | New |
| ORG Partners LLC | 186 | $1.55K | 0.00% | +186 | New |
| Ronald Blue Trust, Inc. | 153 | $1.27K | 0.00% | +153 | New |
| Spire Wealth Management | 134 | $1.12K | 0.00% | −265−66.4% | Reduced |
| Sankala Group LLC | 139 | $1.06K | 0.00% | +139 | New |
| Kilter Group LLC | 121 | $1.01K | 0.00% | +121 | New |
| 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 |