The Wendy'sWEN
13F holders, Q1 2025 (March 31)423holders −1
67new positions
68sold out
7famous investors
$14.63avg. 13F price*
At the end of Q1 2025, 423 institutions reported holding The Wendy's Co. (WEN) in their 13F filings, down 1 from Q4 2024. 67 opened new positions and 68 sold out. The largest holders were Trian Fund Management ($445.1M), Vanguard Group Inc. ($316.5M) and BlackRock, Inc. ($289.3M). 7 famous investors held it, including Nelson Peltz (11.9% of Trian Fund Management's portfolio), Steve Cohen (0.3% of Point72 Asset Management's portfolio) and Bill Nygren (0.2% of Harris Associates (Oakmark Funds)'s portfolio).
- Company
- The Wendy's Co.
- CUSIP
- 95058W100
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 67 | $26.9M |
| Exits | 68 | $200.5M |
All 13F filers, Q4 2024 → Q1 2025: 21,481,514 shares bought and 19,625,394 shares sold, net +1,856,120 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 423 holders
| Trian Fund Management | 11.91% | Reduce -0.3% | 30,423,683 | $445.1M |
| Vanguard Group Inc. | 0.01% | Add +2.5% | 21,634,226 | $316.5M |
| BlackRock, Inc. | 0.01% | Reduce -0.2% | 19,774,487 | $289.3M |
| AQR Capital Management | 0.16% | Add +2.1% | 10,638,169 | $155.0M |
| Harris Associates (Oakmark Funds) | 0.24% | Add +5.4% | 9,751,310 | $142.7M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +7.4% | 6,767,723 | $99.0M |
| Point72 Asset Management | 0.26% | Add +103.0% | 6,008,697 | $87.9M |
| State Street Corp. | 0.00% | Add +3.8% | 5,668,068 | $82.9M |
| JPMorgan Chase & Co. | 0.01% | Reduce -2.4% | 4,469,344 | $65.4M |
| Dimensional Fund Advisors LP | 0.01% | Add +2.1% | 4,117,736 | $60.2M |
| Millennium Management | 0.06% | Add +85.0% | 3,823,492 | $55.9M |
| Geode Capital Management, LLC | 0.00% | Add +7.3% | 3,332,671 | $48.8M |
| Janus Henderson Group PLC | 0.03% | Add +2.5% | 3,213,883 | $47.0M |
| Arrowstreet Capital, Limited Partnership | 0.04% | Add +155.4% | 3,125,547 | $45.7M |
| Northern Trust Corp. | 0.01% | Add +89.6% | 2,987,332 | $43.7M |
| Morgan Stanley | 0.00% | Add +9.1% | 2,951,321 | $43.2M |
| Bank of New York Mellon Corp | 0.01% | Add +5.8% | 2,577,359 | $37.7M |
| Royal Bank of Canada | 0.01% | Reduce -0.6% | 2,386,586 | $34.9M |
| Bank of America Corp. | 0.00% | Add +311.2% | 2,049,888 | $30.0M |
| Invesco Ltd. | 0.01% | Add +3.8% | 1,953,963 | $28.6M |
| Norges Bank | 0.00% | Add +606.7% | 1,872,016 | $27.4M |
| Qube Research & Technologies Ltd | 0.04% | Reduce -14.3% | 1,637,789 | $24.0M |
| UBS Group AG | 0.00% | Reduce -27.0% | 1,331,688 | $19.5M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -9.3% | 1,075,400 | $15.7M |
| Trexquant Investment LP | 0.18% | Add +3.1% | 1,055,137 | $15.4M |
| Massachusetts Financial Services Co. | 0.01% | Reduce -0.8% | 1,044,415 | $15.3M |
| Nuveen, LLC | 0.00% | — | 1,033,264 | $15.1M |
| California Public Employees Retirement System | 0.01% | Add +14.4% | 916,719 | $13.4M |
| Voya Investment Management LLC | 0.02% | Add +6.9% | 901,799 | $13.2M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.03% | Add +30.6% | 883,559 | $12.9M |
| HRT Financial LP | 0.07% | Add +73.3% | 807,213 | $11.8M |
| Gradient Investments LLC | 0.23% | Add +2.0% | 787,890 | $11.5M |
| Quantinno Capital Management LP | 0.07% | Add +161.9% | 778,463 | $11.4M |
| Horizon Kinetics Asset Management LLC | 0.13% | Reduce -2.6% | 762,174 | $11.2M |
| Assenagon Asset Management S.A. | 0.02% | Reduce -11.6% | 724,314 | $10.6M |
| Retirement Systems of Alabama | 0.04% | Add +0.0% | 712,273 | $10.4M |
| Rhumbline Advisers | 0.01% | Add +20.1% | 700,472 | $10.2M |
| First Trust Advisors LP | 0.01% | Add +25.9% | 661,501 | $9.7M |
| Verition Fund Management LLC | 0.06% | Reduce -45.9% | 645,400 | $9.4M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +1.8% | 639,085 | $9.3M |
| Allspring Global Investments Holdings, LLC | 0.02% | Reduce -30.5% | 624,631 | $9.2M |
| Federated Hermes, Inc. | 0.02% | Add +32.3% | 624,689 | $9.1M |
| Sound Income Strategies, LLC | 0.52% | Add +84261.8% | 596,438 | $8.7M |
| Ieq Capital, LLC | 0.07% | Add +112.2% | 569,891 | $8.3M |
| Cubist Systematic Strategies, LLC | 0.10% | Reduce -67.8% | 504,642 | $7.4M |
| Jane Street Group, LLC | 0.01% | Reduce -45.0% | 455,103 | $6.7M |
| Citigroup Inc. | 0.01% | Add +44.6% | 448,515 | $6.6M |
| Wealth Enhancement Advisory Services, LLC | 0.01% | Add +58.2% | 441,383 | $6.5M |
| Engineers Gate Manager LP | 0.10% | Add +244.3% | 418,952 | $6.1M |
| Principal Financial Group Inc. | 0.00% | Add +0.2% | 396,041 | $5.8M |
| Alps Advisors Inc. | 0.03% | Add +7.8% | 372,027 | $5.4M |
| Macquarie Group Ltd. | 0.01% | Add +1.9% | 364,654 | $5.3M |
| NorthCoast Asset Management LLC | 0.03% | Add +37.5% | 362,601 | $5.3M |
| Graham Capital Management, L.P. | 0.25% | Add +315.0% | 361,891 | $5.3M |
| Man Group plc | 0.02% | Add +19.8% | 341,363 | $5.0M |
| Swiss National Bank | 0.00% | Reduce -1.4% | 335,700 | $4.9M |
| Gotham Asset Management | 0.04% | Reduce -9.1% | 315,713 | $4.6M |
| Legal & General Group Plc | 0.00% | Add +4.8% | 305,850 | $4.5M |
| Advisors Asset Management, Inc. | 0.08% | Add +10.6% | 300,272 | $4.4M |
| Victory Capital Management Inc. | 0.00% | Reduce -82.7% | 275,398 | $4.0M |
| PEAK6 LLC | 0.15% | Add +74.8% | 261,696 | $3.8M |
| Citadel Advisors | 0.00% | Reduce -61.6% | 259,686 | $3.8M |
| Aquatic Capital Management LLC | 0.09% | Add +120.1% | 242,864 | $3.6M |
| State Board of Administration of Florida Retirement System | 0.01% | No change | 226,768 | $3.3M |
| Holocene Advisors, LP | 0.01% | Add +35.9% | 225,706 | $3.3M |
| Creative Planning | 0.00% | Add +6.0% | 216,775 | $3.2M |
| Fund 1 Investments, LLC | 0.53% | New | 215,000 | $3.1M |
| Ameriprise Financial Inc. | 0.00% | Reduce -3.9% | 209,152 | $3.1M |
| Alliancebernstein L.P. | 0.00% | Reduce -13.0% | 202,112 | $3.0M |
| Cwm, LLC | 0.01% | Add +22.6% | 200,375 | $2.9M |
| Rockefeller Capital Management L.P. | 0.01% | New | 198,640 | $2.9M |
| Intech Investment Management LLC | 0.03% | Add +398.2% | 192,177 | $2.8M |
| Simplex Trading, LLC | 0.10% | Add +922.0% | 190,786 | $2.8M |
| Corebridge Financial, Inc. | 0.02% | Reduce -2.4% | 190,065 | $2.8M |
| New York State Teachers Retirement System | 0.01% | Reduce -14.5% | 185,991 | $2.7M |
| Guggenheim Capital LLC | 0.02% | Reduce -7.5% | 180,718 | $2.6M |
| Sei Investments Co. | 0.00% | Add +1.1% | 175,688 | $2.6M |
| Agf Management Ltd. | 0.01% | Add +21.4% | 170,872 | $2.5M |
| Cerity Partners LLC | 0.01% | Reduce -15.3% | 165,488 | $2.4M |
| California State Teachers Retirement System | 0.00% | Reduce -1.8% | 158,768 | $2.3M |
| LPL Financial LLC | 0.00% | Add +28.9% | 149,925 | $2.2M |
| T. Rowe Price Associates Inc. | 0.00% | Add +12.4% | 146,472 | $2.1M |
| Ilex Capital Partners (UK) LLP | 0.09% | New | 142,470 | $2.1M |
| CANADA LIFE ASSURANCE Co | 0.00% | Reduce -3.9% | 141,463 | $2.1M |
| FIL Ltd | 0.00% | New | 140,795 | $2.1M |
| Manufacturers Life Insurance Company, The | 0.00% | Add +0.4% | 139,574 | $2.0M |
| Mirae Asset Global Investments Co., Ltd. | 0.01% | Add +12.9% | 139,538 | $2.0M |
| Brevan Howard Capital Management LP | 0.06% | Add +395.7% | 138,635 | $2.0M |
| Neo Ivy Capital Management | 0.62% | Reduce -41.6% | 133,476 | $2.0M |
| Barclays PLC | 0.00% | Reduce -48.4% | 130,653 | $1.9M |
| Bank of Montreal | 0.00% | Add +31.8% | 123,915 | $1.8M |
| Wells Fargo & Company | 0.00% | Add +23.6% | 123,522 | $1.8M |
| State of New Jersey Common Pension Fund D | 0.01% | Add +4.2% | 121,362 | $1.8M |
| Aigen Investment Management, LP | 0.28% | New | 121,334 | $1.8M |
| BNP Paribas Financial Markets | 0.00% | Reduce -52.8% | 118,015 | $1.7M |
| Headlands Technologies LLC | 0.18% | Add +2485.1% | 109,557 | $1.6M |
| IMC-Chicago, LLC | 0.06% | Add +75.3% | 107,488 | $1.6M |
| AlphaQuest LLC | 0.17% | Reduce -11.8% | 106,305 | $1.6M |
| FMR LLC | 0.00% | Reduce -75.7% | 98,875 | $1.4M |
| MetLife Investment Management, LLC | 0.01% | Reduce -1.5% | 98,794 | $1.4M |
"% of holder's portfolio" is WEN's weight in each manager's 13F, not the share of The Wendy's Co. the manager owns.