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 |
|---|---|---|---|---|---|
| Victory Capital Management Inc | 107,448 | $746.8K | 0.00% | −235,440−68.7% | Reduced |
| Graham Capital Management, L.P. | 105,602 | $733.9K | 0.02% | +105,602 | New |
| KLP Kapitalforvaltning AS | 105,600 | $733.9K | 0.00% | +3,100+3.0% | Added |
| Thrivent Financial for Lutherans | 105,482 | $733.0K | 0.00% | −76,606−42.1% | Reduced |
| Bayesian Capital Management, LP | 101,100 | $702.6K | 0.86% | +101,100 | New |
| Quantbot Technologies LP | 91,995 | $639.4K | 0.03% | −6,581−6.7% | Reduced |
| Jain Global LLC | 90,898 | $631.7K | 0.01% | +41,626+84.5% | Added |
| Commonwealth Equity Services, LLC | 90,191 | $626.8K | 0.00% | +6,809+8.2% | Added |
| State of Alaska, Department of Revenue | 90,062 | $625.0K | 0.01% | −1,823−2.0% | Reduced |
| New York State Common Retirement Fund | 88,431 | $614.6K | 0.00% | 00.0% | Unchanged |
| Wealth Enhancement Advisory Services, LLC | 88,768 | $610.7K | 0.00% | −121,751−57.8% | Reduced |
| VARCOV Co. | 87,285 | $606.6K | 0.23% | +87,285 | New |
| Illinois Municipal Retirement Fund | 87,227 | $606.2K | 0.01% | −1,521−1.7% | Reduced |
| Dark Forest Capital Management LP | 87,120 | $605.5K | 0.05% | −448,983−83.7% | Reduced |
| Axq Capital, LP | 85,606 | $595.0K | 0.08% | +38,811+82.9% | Added |
| A&I Financial Services, LLC | 84,065 | $584.3K | 0.28% | +17,782+26.8% | Added |
| Gabelli Funds LLC | 84,000 | $583.8K | 0.00% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 78,851 | $548.0K | 0.00% | −20,060−20.3% | Reduced |
| Janney Montgomery Scott LLC | 78,670 | $547.0K | 0.00% | +4,583+6.2% | Added |
| Captrust Financial Advisors | 78,200 | $543.5K | 0.00% | −66,361−45.9% | Reduced |
| Empowered Funds, LLC | 76,790 | $533.7K | 0.00% | +14,438+23.2% | Added |
| M&T Bank Corp | 75,105 | $522.0K | 0.00% | −2,828−3.6% | Reduced |
| Walleye Trading LLC | 74,310 | $516.5K | 0.01% | −16,005−17.7% | Reduced |
| Louisiana State Employees Retirement System | 70,100 | $487.2K | 0.01% | −2,300−3.2% | Reduced |
| Cetera Investment Advisers | 69,476 | $482.9K | 0.00% | −7,754−10.0% | Reduced |
| CWM, LLC | 69,470 | $482.8K | 0.00% | −162,977−70.1% | Reduced |
| CI Private Wealth, LLC | 69,326 | $481.2K | 0.00% | −1,601−2.3% | Reduced |
| Treasurer of the State of North Carolina | 68,520 | $476.0K | 0.00% | +1,457+2.2% | Added |
| Police & Firemen's Retirement System of New Jersey | 68,383 | $475.3K | 0.00% | 00.0% | Unchanged |
| ExodusPoint Capital Management, LP | 68,296 | $474.7K | 0.00% | −46,743−40.6% | Reduced |
| Krane Funds Advisors LLC | 63,732 | $455.0K | 0.02% | +63,732 | New |
| Frec Markets, Inc. | 65,042 | $452.0K | 0.08% | +65,042 | New |
| Vanguard Global Advisers, LLC | 64,254 | $446.6K | 0.00% | +64,254 | New |
| Sequoia Financial Advisors, LLC | 63,183 | $439.1K | 0.00% | +5,339+9.2% | Added |
| Walleye Capital LLC | 62,881 | $437.0K | 0.00% | +62,784+64,725.8% | Added |
| Legacy Capital Group California, Inc. | 61,686 | $428.7K | 0.16% | −6,755−9.9% | Reduced |
| Evergreen Capital Management LLC | 61,572 | $427.9K | 0.01% | +8,840+16.8% | Added |
| International Assets Investment Management, LLC | 61,425 | $423.8K | 0.03% | +9,365+18.0% | Added |
| Jefferies Financial Group Inc. | 60,180 | $418.3K | 0.01% | +60,180 | New |
| Truist Financial Corp | 59,858 | $416.0K | 0.00% | +5,117+9.3% | Added |
| Occudo Quantitative Strategies LP | 59,332 | $413.0K | 0.02% | −35,714−37.6% | Reduced |
| Freestone Grove Partners LP | 56,746 | $394.4K | 0.00% | +56,746 | New |
| Stifel Financial Corp | 56,463 | $392.4K | 0.00% | −7,655−11.9% | Reduced |
| Bridgewater Associates, LP | 53,949 | $374.9K | 0.00% | −33,582−38.4% | Reduced |
| Public Employees Retirement System of Ohio | 53,594 | $372.5K | 0.00% | −313−0.6% | Reduced |
| Advisory Services Network, LLC | 52,771 | $366.8K | 0.00% | +4,689+9.8% | Added |
| Pathstone Holdings, LLC | 51,460 | $357.6K | 0.00% | +15,464+43.0% | Added |
| Neuberger Berman Group LLC | 51,099 | $355.1K | 0.00% | +12,562+32.6% | Added |
| HighTower Advisors, LLC | 50,486 | $350.9K | 0.00% | +350+0.7% | Added |
| Amalgamated Bank | 50,415 | $350.0K | 0.00% | −663−1.3% | Reduced |
| Kimelman & Baird, LLC | 50,355 | $350.0K | 0.03% | −7,000−12.2% | Reduced |
| PVG Asset Management Corp | 50,457 | $348.7K | 0.21% | +50,457 | New |
| SG Americas Securities, LLC | 50,001 | $348.0K | 0.00% | −76,034−60.3% | Reduced |
| Toroso Investments, LLC | 49,297 | $342.6K | 0.00% | −2,559−4.9% | Reduced |
| Holocene Advisors, LP | 46,890 | $325.9K | 0.00% | −412,167−89.8% | Reduced |
| Envestnet Asset Management Inc | 45,522 | $316.4K | 0.00% | +16,103+54.7% | Added |
| TD Waterhouse Canada Inc. | 45,375 | $312.6K | 0.00% | +5,981+15.2% | Added |
| Arizona State Retirement System | 44,439 | $308.9K | 0.00% | −712−1.6% | Reduced |
| Pinnacle Financial Partners, Inc. | 44,390 | $308.5K | 0.00% | +44,390 | New |
| Vise Technologies, Inc. | 36,063 | $300.4K | 0.01% | 00.0% | Unchanged |
| Probity Advisors, Inc. | 43,007 | $298.9K | 0.05% | +5,280+14.0% | Added |
| Russell Investments Group, Ltd. | 41,713 | $289.9K | 0.00% | −22,056−34.6% | Reduced |
| Marex Group plc | 40,560 | $281.9K | 0.00% | +25,716+173.2% | Added |
| Eagle Harbor Asset Management Inc | 40,287 | $280.0K | 0.24% | −10,294−20.4% | Reduced |
| DRW Securities, LLC | 40,146 | $279.0K | 0.02% | +40,146 | New |
| Vanguard Investments Australia, Ltd. | 39,577 | $275.1K | 0.00% | +39,577 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 39,080 | $271.6K | 0.00% | −31−0.1% | Reduced |
| Teachers Retirement System of the State of Kentucky | 38,963 | $271.0K | 0.00% | 00.0% | Unchanged |
| Headlands Technologies LLC | 38,309 | $266.2K | 0.03% | +38,309 | New |
| Manufacturers Life Insurance Company, The | 37,778 | $262.6K | 0.00% | +3,516+10.3% | Added |
| Skopos Labs, Inc. | 36,824 | $255.9K | 0.01% | +14,595+65.7% | Added |
| Mirabella Financial Services LLP | 36,236 | $251.8K | 0.02% | +36,236 | New |
| Oregon Public Employees Retirement Fund | 36,100 | $250.9K | 0.00% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 36,031 | $250.4K | 0.00% | −3,515−8.9% | Reduced |
| State of Tennessee, Treasury Department | 35,874 | $249.3K | 0.00% | 00.0% | Unchanged |
| Annis Gardner Whiting Capital Advisors, LLC | 33,495 | $233.2K | 0.04% | 00.0% | Unchanged |
| Frank, Rimerman Advisors LLC | 32,973 | $229.2K | 0.02% | +32,973 | New |
| Squarepoint Ops LLC | 32,922 | $228.8K | 0.00% | −872,082−96.4% | Reduced |
| Maryland State Retirement & Pension System | 32,509 | $225.9K | 0.00% | −466−1.4% | Reduced |
| NCM Capital Management, LLC | 31,534 | $219.2K | 0.08% | 00.0% | Unchanged |
| Mitsubishi UFJ Trust & Banking Corp | 31,205 | $216.9K | 0.00% | −34,430−52.5% | Reduced |
| Optimist Retirement Group LLC | 31,051 | $215.8K | 0.10% | +31,051 | New |
| Handelsbanken Fonder AB | 30,857 | $214.0K | 0.00% | 00.0% | Unchanged |
| Fifth Third Bancorp | 30,741 | $213.7K | 0.00% | +26,912+702.8% | Added |
| Atlas Brown,Inc. | 30,000 | $208.5K | 0.06% | +19,639+189.5% | Added |
| Jones Financial Companies LLLP | 30,655 | $208.5K | 0.00% | +1,805+6.3% | Added |
| GDS Wealth Management | 29,767 | $206.9K | 0.01% | +29,767 | New |
| Patriot Financial Group Insurance Agency, LLC | 29,766 | $206.9K | 0.01% | +11,733+65.1% | Added |
| Lecap Asset Management Ltd | 29,697 | $206.4K | 0.08% | +7,206+32.0% | Added |
| Shelton Capital Management | 29,639 | $206.0K | 0.00% | 00.0% | Unchanged |
| Diametric Capital, LP | 29,629 | $205.9K | 0.05% | +29,629 | New |
| HB Wealth Management, LLC | 29,134 | $202.5K | 0.00% | −707−2.4% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 28,731 | $200.0K | 0.00% | −11,232−28.1% | Reduced |
| Ensign Peak Advisors, Inc | 28,190 | $195.9K | 0.00% | 00.0% | Unchanged |
| Summit Financial, LLC | 28,113 | $195.4K | 0.00% | +973+3.6% | Added |
| Deutsche Bank AG | 27,454 | $190.8K | 0.00% | −320,469−92.1% | Reduced |
| Yousif Capital Management, LLC | 27,445 | $190.7K | 0.00% | −280−1.0% | Reduced |
| Pictet Asset Management Holding SA | 27,078 | $188.2K | 0.00% | −838−3.0% | Reduced |
| JustInvest LLC | 27,048 | $188.0K | 0.00% | −5,812−17.7% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 26,418 | $183.6K | 0.00% | +22,847+639.8% | Added |