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, Q1 2026
Institutional positions in Wendy's Co as of Mar 31, 2026. 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
- 412
- −9 vs. Q4 2025
- Shares held
- 191.8M
- +18.6M (+10.7%) vs. Q4 2025
- Total value
- $1.33B
- −$108.5M (−7.5%) vs. Q4 2025
- New holders
- 74
- 141 more added
- Sold out
- 83
- 134 more reduced
8 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Wendy's Co; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Trian Fund Management, L.P.SuperinvestorTrian Fund Management | 30,446,022 | $211.6M | 5.48% | +5,7040.0% | Added |
| BlackRock, Inc. | 21,738,649 | $151.1M | 0.00% | −3,166,946−12.7% | Reduced |
| Vanguard Portfolio Management LLC | 9,261,801 | $64.4M | 0.00% | +9,261,801 | New |
| Morgan Stanley | 7,591,054 | $52.8M | 0.00% | +1,041,988+15.9% | Added |
| Wells Fargo & Company | 6,912,786 | $48.0M | 0.01% | +2,688,138+63.6% | Added |
| Vanguard Capital Management LLC | 6,823,437 | $47.4M | 0.00% | +6,823,437 | New |
| Charles Schwab Investment Management Inc | 6,497,923 | $45.2M | 0.01% | −593,924−8.4% | Reduced |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 5,929,801 | $41.2M | 0.06% | −4,036,304−40.5% | Reduced |
| State Street Corp | 5,465,922 | $38.0M | 0.00% | +19,587+0.4% | Added |
| Bank of America Corp | 4,493,752 | $31.2M | 0.00% | +236,541+5.6% | Added |
| Arrowstreet Capital, Limited Partnership | 4,040,382 | $28.1M | 0.02% | −247,285−5.8% | Reduced |
| Two Sigma Investments, LP | 3,784,985 | $26.3M | 0.02% | +3,784,985 | New |
| Healthcare of Ontario Pension Plan Trust Fund | 3,750,000 | $26.1M | 0.04% | +3,750,000 | New |
| Dimensional Fund Advisors LP | 3,476,736 | $24.2M | 0.01% | −469,808−11.9% | Reduced |
| Millennium Management LLC | 3,401,716 | $23.6M | 0.02% | +1,020,778+42.9% | Added |
| Fairfax Financial Holdings LtdSuperinvestorFairfax Financial | 3,268,902 | $22.8M | 1.17% | +3,268,902 | New |
| AQR Capital Management LLC | 3,113,100 | $21.4M | 0.01% | −8,592,510−73.4% | Reduced |
| Geode Capital Management, LLC | 2,957,193 | $20.6M | 0.00% | −238,899−7.5% | Reduced |
| Northern Trust Corp | 2,772,154 | $19.3M | 0.00% | +506,157+22.3% | Added |
| UBS Group AG | 2,677,056 | $18.6M | 0.00% | +665,518+33.1% | Added |
| Renaissance Technologies LLC | 2,340,282 | $16.3M | 0.03% | +2,254,000+2,612.4% | Added |
| FMR LLC | 2,244,002 | $15.6M | 0.00% | +409,245+22.3% | Added |
| Bank of New York Mellon Corp | 2,158,531 | $15.0M | 0.00% | −57,623−2.6% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 2,017,425 | $14.0M | 0.03% | +328,255+19.4% | Added |
| Citadel Advisors LLC | 1,967,845 | $13.7M | 0.01% | +695,461+54.7% | Added |
| Jane Street Group, LLC | 1,702,108 | $11.8M | 0.01% | −1,460,682−46.2% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 1,660,900 | $11.5M | 0.04% | +1,660,900 | New |
| Invesco Ltd. | 1,625,542 | $11.3M | 0.00% | +541,753+50.0% | Added |
| Quinn Opportunity Partners LLC | 1,586,865 | $11.0M | 0.58% | +120,054+8.2% | Added |
| Oasis Management Co Ltd. | 1,511,903 | $10.5M | 1.26% | +1,500,000+12,601.9% | Added |
| Susquehanna International Group, LLP | 1,476,276 | $10.3M | 0.01% | +624,731+73.4% | Added |
| Marshall Wace, LLP | 1,343,549 | $9.34M | 0.01% | +206,557+18.2% | Added |
| Goldman Sachs Group Inc | 1,167,154 | $8.11M | 0.00% | −149,514−11.4% | Reduced |
| Colony Group, LLC | 1,047,447 | $7.28M | 0.01% | +335,395+47.1% | Added |
| Vanguard Fiduciary Trust Co | 997,072 | $6.93M | 0.00% | +997,072 | New |
| Janus Henderson Group PLC | 927,506 | $6.45M | 0.00% | +48,009+5.5% | Added |
| Gotham Asset Management, LLC | 915,613 | $6.36M | 0.02% | −889,410−49.3% | Reduced |
| Advisors Asset Management, Inc. | 872,223 | $6.06M | 0.10% | +244,179+38.9% | Added |
| Quantinno Capital Management LP | 766,397 | $5.33M | 0.01% | −185,276−19.5% | Reduced |
| Principal Financial Group Inc | 766,351 | $5.33M | 0.00% | +15,919+2.1% | Added |
| Sound Income Strategies, LLC | 771,376 | $5.32M | 0.26% | +11,309+1.5% | Added |
| Creative Planning | 685,429 | $4.76M | 0.00% | +164,741+31.6% | Added |
| Schonfeld Strategic Advisors LLC | 605,682 | $4.21M | 0.03% | −91,973−13.2% | Reduced |
| Alps Advisors Inc | 572,066 | $3.98M | 0.02% | −27,773−4.6% | Reduced |
| Public Sector Pension Investment Board | 565,327 | $3.93M | 0.01% | +18,588+3.4% | Added |
| Rhumbline Advisers | 545,712 | $3.79M | 0.00% | −1,735−0.3% | Reduced |
| UBS Asset Management Americas Inc | 533,416 | $3.71M | 0.00% | +40,842+8.3% | Added |
| Soviero Asset Management, LP | 470,000 | $3.27M | 1.83% | +150,000+46.9% | Added |
| Ameriprise Financial Inc | 462,735 | $3.22M | 0.00% | +147,628+46.9% | Added |
| Landscape Capital Management, L.L.C. | 456,908 | $3.18M | 0.20% | +456,908 | New |
| Nuveen, LLC | 424,389 | $2.95M | 0.00% | +148,892+54.0% | Added |
| Legal & General Group Plc | 413,604 | $2.87M | 0.00% | −30,925−7.0% | Reduced |
| Caption Management, LLC | 402,239 | $2.80M | 0.13% | +402,239 | New |
| Baird Financial Group, Inc. | 384,946 | $2.68M | 0.00% | +374,716+3,662.9% | Added |
| Bessemer Group Inc | 379,554 | $2.64M | 0.00% | 00.0% | Unchanged |
| PEAK6 LLC | 361,614 | $2.51M | 0.07% | +270,280+295.9% | Added |
| First Trust Advisors LP | 348,246 | $2.42M | 0.00% | −304,079−46.6% | Reduced |
| Engineers Gate Manager LP | 347,732 | $2.42M | 0.03% | +347,732 | New |
| SummitTX Capital, L.P. | 331,076 | $2.30M | 0.07% | −61,872−15.7% | Reduced |
| Swiss National Bank | 319,400 | $2.22M | 0.00% | 00.0% | Unchanged |
| Brevan Howard Capital Management LP | 315,867 | $2.20M | 0.02% | +133,922+73.6% | Added |
| Verition Fund Management LLC | 304,040 | $2.11M | 0.02% | −42,445−12.3% | Reduced |
| American Century Companies Inc | 303,355 | $2.11M | 0.00% | +20,206+7.1% | Added |
| Group One Trading, L.P. | 285,919 | $1.99M | 0.07% | +122,233+74.7% | Added |
| JPMorgan Chase & Co | 278,932 | $1.89M | 0.00% | +23,445+9.2% | Added |
| Horizon Kinetics Asset Management LLC | 269,177 | $1.87M | 0.02% | −90,719−25.2% | Reduced |
| IMC-Chicago, LLC | 256,317 | $1.78M | 0.03% | −110,119−30.1% | Reduced |
| Royal Bank of Canada | 251,850 | $1.75M | 0.00% | −246,847−49.5% | Reduced |
| Barclays PLC | 239,222 | $1.66M | 0.00% | +123,070+106.0% | Added |
| LPL Financial LLC | 239,018 | $1.66M | 0.00% | +55,385+30.2% | Added |
| Citigroup Inc | 232,100 | $1.61M | 0.00% | +105,077+82.7% | Added |
| Bank of Nova Scotia | 229,402 | $1.59M | 0.00% | +39,258+20.6% | Added |
| Bridgefront Capital, LLC | 220,950 | $1.54M | 0.38% | +589+0.3% | Added |
| SEI Investments Co | 218,643 | $1.52M | 0.00% | +71,279+48.4% | Added |
| BNP Paribas Arbitrage, SA | 209,695 | $1.46M | 0.00% | +78,188+59.5% | Added |
| Raymond James Financial Inc | 207,564 | $1.44M | 0.00% | +134,028+182.3% | Added |
| New York State Teachers Retirement System | 204,348 | $1.42M | 0.00% | +1,931+1.0% | Added |
| Alliancebernstein L.P. | 169,829 | $1.41M | 0.00% | +50,362+42.2% | Added |
| Leonteq Securities AG | 200,532 | $1.39M | 0.08% | +106,249+112.7% | Added |
| Franklin Resources Inc | 199,331 | $1.39M | 0.00% | −219,863−52.4% | Reduced |
| Guggenheim Capital LLC | 198,799 | $1.38M | 0.01% | −18,459−8.5% | Reduced |
| State Board of Administration of Florida Retirement System | 196,604 | $1.37M | 0.00% | 00.0% | Unchanged |
| Winton Group Ltd | 195,982 | $1.36M | 0.05% | +68,650+53.9% | Added |
| Bluefin Capital Management, LLC | – | $1.35M | 1.30% | – | New |
| Atom Investors LP | 193,270 | $1.34M | 0.10% | +15,705+8.8% | Added |
| Price T Rowe Associates Inc | 185,797 | $1.29M | 0.00% | +18,895+11.3% | Added |
| California State Teachers Retirement System | 182,960 | $1.27M | 0.00% | +34,728+23.4% | Added |
| Summit Trail Advisors, LLC | 160,748 | $1.12M | 0.02% | +40,817+34.0% | Added |
| Great West Life Assurance Co | 157,842 | $1.10M | 0.00% | −9,754−5.8% | Reduced |
| Bank of Montreal | 156,418 | $1.09M | 0.00% | +32,499+26.2% | Added |
| Kingsview Wealth Management, LLC | 148,026 | $1.03M | 0.01% | +80,688+119.8% | Added |
| Prudential Financial Inc | 145,519 | $1.01M | 0.00% | −861−0.6% | Reduced |
| Cerity Partners LLC | 145,200 | $1.01M | 0.00% | −392,289−73.0% | Reduced |
| Venture Visionary Partners LLC | 143,256 | $995.6K | 0.03% | +143,256 | New |
| Vanguard Asset Management, Ltd | 138,853 | $965.0K | 0.00% | +138,853 | New |
| Simplex Trading, LLC | 136,733 | $950.3K | 0.03% | −35,761−20.7% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 119,651 | $831.6K | 0.00% | +76,813+179.3% | Added |
| Centiva Capital, LP | 114,589 | $796.4K | 0.04% | +74,602+186.6% | Added |
| Mirae Asset Global Investments Co., Ltd. | 110,600 | $768.7K | 0.00% | −32,225−22.6% | Reduced |
| Worldquant Millennium Advisors LLC | 109,908 | $763.9K | 0.00% | −7,935−6.7% | Reduced |