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 |
|---|---|---|---|---|---|
| Two Sigma Investments, LP | 3,784,985 | $26.3M | 0.02% | +3,784,985 | New |
| Arrowstreet Capital, Limited Partnership | 4,040,382 | $28.1M | 0.02% | −247,285−5.8% | Reduced |
| Bank of America Corp | 4,493,752 | $31.2M | 0.00% | +236,541+5.6% | Added |
| State Street Corp | 5,465,922 | $38.0M | 0.00% | +19,587+0.4% | Added |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 5,929,801 | $41.2M | 0.06% | −4,036,304−40.5% | Reduced |
| Charles Schwab Investment Management Inc | 6,497,923 | $45.2M | 0.01% | −593,924−8.4% | Reduced |
| Vanguard Capital Management LLC | 6,823,437 | $47.4M | 0.00% | +6,823,437 | New |
| Wells Fargo & Company | 6,912,786 | $48.0M | 0.01% | +2,688,138+63.6% | Added |
| Morgan Stanley | 7,591,054 | $52.8M | 0.00% | +1,041,988+15.9% | Added |
| Vanguard Portfolio Management LLC | 9,261,801 | $64.4M | 0.00% | +9,261,801 | New |
| BlackRock, Inc. | 21,738,649 | $151.1M | 0.00% | −3,166,946−12.7% | Reduced |
| Trian Fund Management, L.P.SuperinvestorTrian Fund Management | 30,446,022 | $211.6M | 5.48% | +5,7040.0% | Added |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −672,805−100.0% | Sold out |
| Ieq Capital, LLC | 0 | $0 | 0.00% | −470,500−100.0% | Sold out |
| Ruffer LLP | 0 | $0 | 0.00% | −382,890−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −295,052−100.0% | Sold out |
| Federated Hermes, Inc. | 0 | $0 | 0.00% | −164,968−100.0% | Sold out |
| Mariner, LLC | 0 | $0 | 0.00% | −163,458−100.0% | Sold out |
| Oak Thistle LLC | 0 | $0 | 0.00% | −140,064−100.0% | Sold out |
| D. E. Shaw & Co., Inc. | 0 | $0 | 0.00% | −107,342−100.0% | Sold out |
| Assenagon Asset Management S.A. | 0 | $0 | 0.00% | −93,735−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −90,346−100.0% | Sold out |
| Lotus Technology Management, LP | 0 | $0 | 0.00% | −88,272−100.0% | Sold out |
| Buckingham Strategic Partners | 0 | $0 | 0.00% | −82,273−100.0% | Sold out |
| Exchange Traded Concepts, LLC | 0 | $0 | 0.00% | −75,914−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −56,884−100.0% | Sold out |
| Shay Capital LLC | 0 | $0 | 0.00% | −50,000−100.0% | Sold out |
| Cannon Global Investment Management, LLC | 0 | $0 | 0.00% | −48,500−100.0% | Sold out |
| Caxton Associates LLP | 0 | $0 | 0.00% | −40,492−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −37,663−100.0% | Sold out |
| Inceptionr LLC | 0 | $0 | 0.00% | −35,284−100.0% | Sold out |
| National Asset Management, Inc. | 0 | $0 | 0.00% | −33,147−100.0% | Sold out |
| EntryPoint Capital, LLC | 0 | $0 | 0.00% | −28,899−100.0% | Sold out |
| Kaufman Rossin Wealth, LLC | 0 | $0 | 0.00% | −28,317−100.0% | Sold out |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −27,093−100.0% | Sold out |
| XTX Topco Ltd | 0 | $0 | 0.00% | −22,729−100.0% | Sold out |
| Evoke Wealth, LLC | 0 | $0 | 0.00% | −22,174−100.0% | Sold out |
| Krilogy Financial LLC | 0 | $0 | 0.00% | −22,263−100.0% | Sold out |
| Chicago Partners Investment Group LLC | 0 | $0 | 0.00% | −21,357−100.0% | Sold out |
| Alpine Global Management, LLC | 0 | $0 | 0.00% | −21,556−100.0% | Sold out |
| Murchinson Ltd. | 0 | $0 | 0.00% | −18,000−100.0% | Sold out |
| Sivia Capital Partners, LLC | 0 | $0 | 0.00% | −17,712−100.0% | Sold out |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −17,437−100.0% | Sold out |
| Profund Advisors LLC | 0 | $0 | 0.00% | −16,262−100.0% | Sold out |
| EP Wealth Advisors, LLC | 0 | $0 | 0.00% | −16,256−100.0% | Sold out |
| Brinker Capital Investments, LLC | 0 | $0 | 0.00% | −16,240−100.0% | Sold out |
| waypoint wealth counsel | 0 | $0 | 0.00% | −15,933−100.0% | Sold out |
| Waddell & Associates, LLC | 0 | $0 | 0.00% | −15,807−100.0% | Sold out |
| DekaBank Deutsche Girozentrale | 0 | $0 | 0.00% | −5,920−100.0% | Sold out |
| Transcend Wealth Collective, LLC | 0 | $0 | 0.00% | −14,449−100.0% | Sold out |
| Miracle Mile Advisors, LLC | 0 | $0 | 0.00% | −13,070−100.0% | Sold out |
| Capital Performance Advisors LLP | 0 | $0 | 0.00% | −12,819−100.0% | Sold out |
| Vista Investment Partners LLC | 0 | $0 | 0.00% | −12,791−100.0% | Sold out |
| Aigen Investment Management, LP | 0 | $0 | 0.00% | −12,662−100.0% | Sold out |
| Greenleaf Trust | 0 | $0 | 0.00% | −12,299−100.0% | Sold out |
| Semanteon Capital Management, LP | 0 | $0 | 0.00% | −12,112−100.0% | Sold out |
| Sagewood Asset Management LP | 0 | $0 | 0.00% | −12,065−100.0% | Sold out |
| Sym Financial Corp | 0 | $0 | 0.00% | −12,038−100.0% | Sold out |
| Altar Rock LLC | 0 | $0 | 0.00% | −11,643−100.0% | Sold out |
| Wexford Capital LP | 0 | $0 | 0.00% | −11,614−100.0% | Sold out |
| Coldstream Capital Management Inc | 0 | $0 | 0.00% | −11,368−100.0% | Sold out |
| CSS LLC | 0 | $0 | 0.00% | −11,350−100.0% | Sold out |
| West Family Investments, Inc. | 0 | $0 | 0.00% | −11,166−100.0% | Sold out |
| Kera Capital Partners, Inc. | 0 | $0 | 0.00% | −11,855−100.0% | Sold out |
| Miller Financial Services LLC | 0 | $0 | 0.00% | −10,907−100.0% | Sold out |
| Independent Advisor Alliance | 0 | $0 | 0.00% | −10,039−100.0% | Sold out |
| KG&L Capital Management,LLC | 0 | $0 | 0.00% | −10,020−100.0% | Sold out |
| Cane Capital Partners, LLC | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| FNY Investment Advisers, LLC | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| Quest Partners LLC | 0 | $0 | 0.00% | −7,049−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −6,416−100.0% | Sold out |
| Ancora Advisors, LLC | 0 | $0 | 0.00% | −4,670−100.0% | Sold out |
| Garner Asset Management Corp | 0 | $0 | 0.00% | −2,600−100.0% | Sold out |
| Harvest Fund Management Co., Ltd | 0 | $0 | 0.00% | −1,075−100.0% | Sold out |
| MCF Advisors LLC | 0 | $0 | 0.00% | −1,791−100.0% | Sold out |
| Danske Bank A/S | 0 | $0 | 0.00% | −1,300−100.0% | Sold out |
| Spurstone Advisory Services, LLC | 0 | $0 | 0.00% | −1,200−100.0% | Sold out |
| SageView Advisory Group, LLC | 0 | $0 | 0.00% | −1,068−100.0% | Sold out |
| Elkhorn Partners Limited Partnership | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| Commonwealth Retirement Investments LLC | 0 | $0 | 0.00% | −327−100.0% | Sold out |
| Red Tortoise LLC | 0 | $0 | 0.00% | −253−100.0% | Sold out |
| Turning Point Benefit Group, Inc. | 0 | $0 | 0.00% | −235−100.0% | Sold out |
| Elyxium Wealth, LLC | 0 | $0 | 0.00% | −186−100.0% | Sold out |
| Ronald Blue Trust, Inc. | 0 | $0 | 0.00% | −153−100.0% | Sold out |
| Sankala Group LLC | 0 | $0 | 0.00% | −139−100.0% | Sold out |
| Ogorek Anthony Joseph | 0 | $0 | 0.00% | −184−100.0% | Sold out |
| Avion Wealth | 0 | $0 | 0.00% | −124−100.0% | Sold out |
| Rossby Financial, LCC | 0 | $0 | 0.00% | −80−100.0% | Sold out |
| JFS Wealth Advisors, LLC | 0 | $0 | 0.00% | −33−100.0% | Sold out |
| Ankerstar Wealth, LLC | 0 | $0 | 0.00% | −30−100.0% | Sold out |
| Laurel Wealth Advisors LLC | 0 | $0 | 0.00% | −15−100.0% | Sold out |
| Gilpin Wealth Management, LLC | 0 | $0 | 0.00% | −15−100.0% | Sold out |
| Safe Harbor Fiduciary, LLC | 0 | $0 | 0.00% | −8−100.0% | Sold out |
| Bay Harbor Wealth Management, LLC | 0 | $0 | 0.00% | −4−100.0% | Sold out |
| Keating Financial Advisory Services, Inc. | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| Vanguard Group Inc | – | – | – | – | Not filed |
| Militia Capital Partners, LP | – | – | – | – | Not filed |
| Prosperity Wealth Management, Inc. | – | – | – | – | Not filed |
| Comerica Bank | – | – | – | – | Not filed |
| CIBC Private Wealth Group, LLC | – | – | – | – | Not filed |