The Wendy'sWEN
13F holders, Q4 2025 (December 31)429holders +26
80new positions
63sold out
10famous investors
$8.33avg. 13F price*
At the end of Q4 2025, 429 institutions reported holding The Wendy's Co. (WEN) in their 13F filings, up 26 from Q3 2025. 80 opened new positions and 63 sold out. The largest holders were Trian Fund Management ($253.6M), BlackRock, Inc. ($207.5M) and Vanguard Group Inc. ($142.7M). 10 famous investors held it, including Nelson Peltz (6.4% of Trian Fund Management's portfolio), Bill Nygren (0.1% of Harris Associates (Oakmark Funds)'s portfolio) and Joel Greenblatt (0.1% of Gotham Asset Management's portfolio).
- Company
- The Wendy's Co.
- CUSIP
- 95058W100
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 80 | $27.3M |
| Exits | 63 | $31.5M |
All 13F filers, Q3 2025 → Q4 2025: 24,264,015 shares bought and 15,251,428 shares sold, net +9,012,587 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 429 holders
| Trian Fund Management | 6.36% | Add +0.0% | 30,440,318 | $253.6M |
| BlackRock, Inc. | 0.00% | Add +3.3% | 24,905,595 | $207.5M |
| Vanguard Group Inc. | 0.00% | Reduce -7.8% | 17,134,262 | $142.7M |
| AQR Capital Management | 0.05% | Add +38.1% | 11,705,610 | $97.5M |
| Harris Associates (Oakmark Funds) | 0.11% | Reduce -6.0% | 9,966,105 | $83.0M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +3.3% | 7,091,847 | $59.1M |
| Morgan Stanley | 0.00% | Add +5.8% | 6,549,066 | $54.6M |
| State Street Corp. | 0.00% | Add +1.9% | 5,446,335 | $45.4M |
| Arrowstreet Capital, Limited Partnership | 0.02% | Add +0.3% | 4,287,667 | $35.7M |
| Bank of America Corp. | 0.00% | Add +43.3% | 4,257,211 | $35.5M |
| Wells Fargo & Company | 0.01% | Add +235.8% | 4,224,648 | $35.2M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -7.7% | 3,946,544 | $32.9M |
| Geode Capital Management, LLC | 0.00% | Reduce -10.8% | 3,196,092 | $26.6M |
| Jane Street Group, LLC | 0.03% | Add +236.7% | 3,162,790 | $26.3M |
| Millennium Management | 0.01% | Add +19.1% | 2,380,938 | $19.8M |
| Northern Trust Corp. | 0.00% | Add +2.7% | 2,265,997 | $18.9M |
| Bank of New York Mellon Corp | 0.00% | Add +8.0% | 2,216,154 | $18.5M |
| UBS Group AG | 0.00% | Reduce -25.2% | 2,011,538 | $16.8M |
| FMR LLC | 0.00% | Add +20.4% | 1,834,757 | $15.3M |
| Gotham Asset Management | 0.05% | Add +22.0% | 1,805,023 | $15.0M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.04% | Add +50.0% | 1,689,170 | $14.1M |
| Point72 Asset Management | 0.02% | Reduce -46.7% | 1,563,923 | $13.0M |
| Quinn Opportunity Partners LLC | 0.53% | Add +20.6% | 1,466,811 | $12.2M |
| Goldman Sachs Group Inc. | 0.00% | Add +74.3% | 1,316,668 | $11.0M |
| Citadel Advisors | 0.01% | Add +232.8% | 1,272,384 | $10.6M |
| Marshall Wace, LLP | 0.01% | Reduce -71.8% | 1,136,992 | $9.5M |
| Invesco Ltd. | 0.00% | Add +22.5% | 1,083,789 | $9.0M |
| Quantinno Capital Management LP | 0.02% | Reduce -25.3% | 951,673 | $7.9M |
| Squarepoint Ops LLC | 0.02% | Reduce -5.6% | 905,004 | $7.5M |
| Janus Henderson Group PLC | 0.00% | Add +342.2% | 879,497 | $7.3M |
| Susquehanna International Group, LLP | 0.01% | Add +37.1% | 851,545 | $7.1M |
| Sound Income Strategies, LLC | 0.30% | Reduce -3.4% | 760,067 | $6.3M |
| Principal Financial Group Inc. | 0.00% | Reduce -1.2% | 750,432 | $6.3M |
| Focus Partners Wealth | 0.01% | Add +1004.5% | 712,052 | $5.9M |
| Schonfeld Strategic Advisors LLC | 0.03% | New | 697,655 | $5.8M |
| Two Sigma Advisers, LP | 0.01% | Add +63.2% | 672,805 | $5.6M |
| First Trust Advisors LP | 0.00% | Add +555.6% | 652,325 | $5.4M |
| Advisors Asset Management, Inc. | 0.09% | Add +22.6% | 628,044 | $5.2M |
| Alps Advisors Inc. | 0.03% | Reduce -5.4% | 599,839 | $5.0M |
| Rhumbline Advisers | 0.00% | Add +4.7% | 547,447 | $4.6M |
| Public Sector Pension Investment Board | 0.02% | Reduce -11.4% | 546,739 | $4.6M |
| Cerity Partners LLC | 0.01% | Add +11.1% | 537,489 | $4.5M |
| Dark Forest Capital Management LP | 0.20% | Add +336.4% | 536,103 | $4.5M |
| Creative Planning | 0.00% | Add +31.9% | 520,688 | $4.3M |
| Royal Bank of Canada | 0.00% | Reduce -45.5% | 498,697 | $4.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -3.8% | 492,574 | $4.1M |
| Ieq Capital, LLC | 0.01% | Add +25.8% | 470,500 | $3.9M |
| Holocene Advisors, LP | 0.01% | Reduce -1.1% | 459,057 | $3.8M |
| Legal & General Group Plc | 0.00% | Reduce -4.0% | 444,529 | $3.7M |
| Franklin Resources Inc. | 0.00% | Add +256.4% | 419,194 | $3.5M |
| SummitTX Capital, L.P. | 0.10% | Add +49.4% | 392,948 | $3.3M |
| Ruffer LLP | 0.15% | New | 382,890 | $3.2M |
| Bessemer Group Inc. | 0.00% | Add +20527.9% | 379,554 | $3.2M |
| IMC-Chicago, LLC | 0.05% | Add +31.5% | 366,436 | $3.1M |
| Horizon Kinetics Asset Management LLC | 0.04% | Reduce -22.8% | 359,896 | $3.0M |
| Deutsche Bank AG | 0.00% | Add +1206.3% | 347,923 | $2.9M |
| Verition Fund Management LLC | 0.02% | Reduce -26.6% | 346,485 | $2.9M |
| Victory Capital Management Inc. | 0.00% | Add +4.0% | 342,888 | $2.9M |
| Soviero Asset Management, LP | 1.39% | New | 320,000 | $2.7M |
| Swiss National Bank | 0.00% | Add +0.9% | 319,400 | $2.7M |
| Ameriprise Financial Inc. | 0.00% | Reduce -2.4% | 315,107 | $2.6M |
| HRT Financial LP | 0.01% | New | 295,052 | $2.5M |
| American Century Companies Inc. | 0.00% | Reduce -3.9% | 283,149 | $2.4M |
| Nuveen, LLC | 0.00% | Reduce -63.3% | 275,497 | $2.3M |
| JPMorgan Chase & Co. | 0.00% | Add +11.1% | 255,487 | $2.1M |
| Cwm, LLC | 0.01% | Reduce -3.2% | 232,447 | $1.9M |
| Bridgefront Capital, LLC | 0.46% | Add +2042.8% | 220,361 | $1.8M |
| Guggenheim Capital LLC | 0.01% | Add +4.1% | 217,258 | $1.8M |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +26.7% | 210,519 | $1.8M |
| New York State Teachers Retirement System | 0.00% | Reduce -0.8% | 202,417 | $1.7M |
| State Board of Administration of Florida Retirement System | 0.00% | Reduce -10.8% | 196,604 | $1.6M |
| Bank of Nova Scotia | 0.00% | Add +363.9% | 190,144 | $1.6M |
| LPL Financial LLC | 0.00% | Reduce -1.1% | 183,633 | $1.5M |
| Thrivent Financial for Lutherans | 0.00% | Add +59.6% | 182,088 | $1.5M |
| Brevan Howard Capital Management LP | 0.03% | Reduce -32.5% | 181,945 | $1.5M |
| Atom Investors LP | 0.12% | Add +182.4% | 177,565 | $1.5M |
| Simplex Trading, LLC | 0.04% | Reduce -21.3% | 172,494 | $1.4M |
| CANADA LIFE ASSURANCE Co | 0.00% | Reduce -1.0% | 167,596 | $1.4M |
| T. Rowe Price Associates Inc. | 0.00% | Add +11.2% | 166,902 | $1.4M |
| Federated Hermes, Inc. | 0.00% | Reduce -25.9% | 164,968 | $1.4M |
| Group One Trading LLC | 0.04% | Add +3.8% | 163,686 | $1.4M |
| Mariner, LLC | 0.00% | Add +45.6% | 163,458 | $1.4M |
| California State Teachers Retirement System | 0.00% | Reduce -0.2% | 148,232 | $1.2M |
| Sei Investments Co. | 0.00% | Reduce -15.5% | 147,364 | $1.2M |
| Prudential Financial Inc. | 0.00% | Reduce -3.5% | 146,380 | $1.2M |
| Captrust Financial Advisors | 0.00% | Add +28.6% | 144,561 | $1.2M |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Reduce -3.2% | 142,825 | $1.2M |
| Oak Thistle LLC | 0.16% | Reduce -21.8% | 140,064 | $1.2M |
| BNP Paribas Financial Markets | 0.00% | Reduce -34.3% | 131,507 | $1.1M |
| WINTON GROUP Ltd | 0.04% | Add +140.4% | 127,332 | $1.1M |
| Citigroup Inc. | 0.00% | Reduce -52.7% | 127,023 | $1.1M |
| SG Americas Securities, LLC | 0.00% | Add +77.5% | 126,035 | $1.1M |
| Bank of Montreal | 0.00% | Add +1.6% | 123,919 | $1.0M |
| Summit Trail Advisors, LLC | 0.02% | Reduce -14.9% | 119,931 | $999K |
| Alliancebernstein L.P. | 0.00% | Reduce -63.9% | 119,467 | $995K |
| Worldquant Millennium Advisors LLC | 0.00% | Add +135.4% | 117,843 | $982K |
| Barclays PLC | 0.00% | Reduce -17.6% | 116,152 | $968K |
| ExodusPoint Capital Management, LP | 0.01% | Add +147.2% | 115,039 | $958K |
| D. E. Shaw & Co. | 0.00% | Add +263.7% | 107,342 | $894K |
| Pallas Capital Advisors LLC | 0.03% | Reduce -8.3% | 103,345 | $861K |
"% of holder's portfolio" is WEN's weight in each manager's 13F, not the share of The Wendy's Co. the manager owns.