The Wendy'sWEN
13F holders, Q1 2026 (March 31)At the end of Q1 2026, 411 institutions reported holding The Wendy's Co. (WEN) in their 13F filings, down 18 from Q4 2025. 65 opened new positions and 81 sold out. The largest holders were Trian Fund Management ($211.6M), BlackRock, Inc. ($151.1M) and Vanguard Portfolio Management LLC ($64.4M). 11 famous investors held it, including Nelson Peltz (5.5% of Trian Fund Management's portfolio), Prem Watsa (1.2% of Fairfax Financial Holdings's portfolio) and Bill Nygren (0.1% 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 2025 → Q1 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 65 | $104.0M |
| Exits | 81 | $25.5M |
All 13F filers, Q4 2025 → Q1 2026: 31,888,426 shares bought and 29,972,021 shares sold, net +1,916,405 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 411 holders
| Trian Fund Management | 5.48% | Add +0.0% | 30,446,022 | $211.6M |
| BlackRock, Inc. | 0.00% | Reduce -12.7% | 21,738,649 | $151.1M |
| Vanguard Portfolio Management LLC | 0.00% | — | 9,261,801 | $64.4M |
| Morgan Stanley | 0.00% | Add +15.9% | 7,591,054 | $52.8M |
| Wells Fargo & Company | 0.01% | Add +63.6% | 6,912,786 | $48.0M |
| Vanguard Capital Management LLC | 0.00% | — | 6,823,437 | $47.4M |
| Charles Schwab Investment Management Inc. | 0.01% | Reduce -8.4% | 6,497,923 | $45.2M |
| Harris Associates (Oakmark Funds) | 0.06% | Reduce -40.5% | 5,929,801 | $41.2M |
| State Street Corp. | 0.00% | Add +0.4% | 5,465,922 | $38.0M |
| Bank of America Corp. | 0.00% | Add +5.6% | 4,493,752 | $31.2M |
| Arrowstreet Capital, Limited Partnership | 0.02% | Reduce -5.8% | 4,040,382 | $28.1M |
| Two Sigma Investments, LP | 0.02% | New | 3,784,985 | $26.3M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.04% | New | 3,750,000 | $26.1M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -11.9% | 3,476,736 | $24.2M |
| Millennium Management | 0.02% | Add +42.9% | 3,401,716 | $23.6M |
| Fairfax Financial Holdings | 1.17% | New | 3,268,902 | $22.8M |
| AQR Capital Management | 0.01% | Reduce -73.4% | 3,113,100 | $21.4M |
| Geode Capital Management, LLC | 0.00% | Reduce -7.5% | 2,957,193 | $20.6M |
| Northern Trust Corp. | 0.00% | Add +22.3% | 2,772,154 | $19.3M |
| UBS Group AG | 0.00% | Add +33.1% | 2,677,056 | $18.6M |
| Renaissance Technologies | 0.03% | Add +2612.4% | 2,340,282 | $16.3M |
| FMR LLC | 0.00% | Add +22.3% | 2,244,002 | $15.6M |
| Bank of New York Mellon Corp | 0.00% | Reduce -2.6% | 2,158,531 | $15.0M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.03% | Add +19.4% | 2,017,425 | $14.0M |
| Citadel Advisors | 0.01% | Add +54.7% | 1,967,845 | $13.7M |
| Jane Street Group, LLC | 0.01% | Reduce -46.2% | 1,702,108 | $11.8M |
| Hotchkis & Wiley Capital Management LLC | 0.04% | New | 1,660,900 | $11.5M |
| Invesco Ltd. | 0.00% | Add +50.0% | 1,625,542 | $11.3M |
| Quinn Opportunity Partners LLC | 0.58% | Add +8.2% | 1,586,865 | $11.0M |
| Oasis Management Co Ltd. | 1.44% | Add +12601.9% | 1,511,903 | $10.5M |
| Susquehanna International Group, LLP | 0.01% | Add +73.4% | 1,476,276 | $10.3M |
| Marshall Wace, LLP | 0.01% | Add +18.2% | 1,343,549 | $9.3M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -11.4% | 1,167,154 | $8.1M |
| Focus Partners Wealth | 0.01% | Add +47.1% | 1,047,447 | $7.3M |
| Vanguard Fiduciary Trust Co. | 0.00% | — | 997,072 | $6.9M |
| Janus Henderson Group PLC | 0.00% | Add +5.5% | 927,506 | $6.4M |
| Gotham Asset Management | 0.02% | Reduce -49.3% | 915,613 | $6.4M |
| Advisors Asset Management, Inc. | 0.10% | Add +38.9% | 872,223 | $6.1M |
| Quantinno Capital Management LP | 0.01% | Reduce -19.5% | 766,397 | $5.3M |
| Principal Financial Group Inc. | 0.00% | Add +2.1% | 766,351 | $5.3M |
| Sound Income Strategies, LLC | 0.26% | Add +1.5% | 771,376 | $5.3M |
| Creative Planning | 0.00% | Add +31.6% | 685,429 | $4.8M |
| Schonfeld Strategic Advisors LLC | 0.03% | Reduce -13.2% | 605,682 | $4.2M |
| Alps Advisors Inc. | 0.02% | Reduce -4.6% | 572,066 | $4.0M |
| Public Sector Pension Investment Board | 0.01% | Add +3.4% | 565,327 | $3.9M |
| Rhumbline Advisers | 0.00% | Reduce -0.3% | 545,712 | $3.8M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +8.3% | 533,416 | $3.7M |
| Soviero Asset Management, LP | 1.83% | Add +46.9% | 470,000 | $3.3M |
| Ameriprise Financial Inc. | 0.00% | Add +46.9% | 462,735 | $3.2M |
| Landscape Capital Management, L.L.C. | 0.20% | New | 456,908 | $3.2M |
| Nuveen, LLC | 0.00% | Add +54.0% | 424,389 | $2.9M |
| Legal & General Group Plc | 0.00% | Reduce -7.0% | 413,604 | $2.9M |
| Caption Management, LLC | 0.14% | New | 402,239 | $2.8M |
| Baird Financial Group, Inc. | 0.00% | Add +3662.9% | 384,946 | $2.7M |
| Bessemer Group Inc. | 0.00% | No change | 379,554 | $2.6M |
| PEAK6 LLC | 0.07% | Add +295.9% | 361,614 | $2.5M |
| First Trust Advisors LP | 0.00% | Reduce -46.6% | 348,246 | $2.4M |
| Engineers Gate Manager LP | 0.03% | New | 347,732 | $2.4M |
| SummitTX Capital, L.P. | 0.07% | Reduce -15.8% | 331,076 | $2.3M |
| Swiss National Bank | 0.00% | No change | 319,400 | $2.2M |
| Brevan Howard Capital Management LP | 0.02% | Add +73.6% | 315,867 | $2.2M |
| Verition Fund Management LLC | 0.02% | Reduce -12.3% | 304,040 | $2.1M |
| American Century Companies Inc. | 0.00% | Add +7.1% | 303,355 | $2.1M |
| Group One Trading LLC | 0.07% | Add +74.7% | 285,919 | $2.0M |
| JPMorgan Chase & Co. | 0.00% | Add +9.2% | 278,932 | $1.9M |
| Horizon Kinetics Asset Management LLC | 0.02% | Reduce -25.2% | 269,177 | $1.9M |
| IMC-Chicago, LLC | 0.03% | Reduce -30.1% | 256,317 | $1.8M |
| Royal Bank of Canada | 0.00% | Reduce -49.5% | 251,850 | $1.8M |
| Barclays PLC | 0.00% | Add +106.0% | 239,222 | $1.7M |
| LPL Financial LLC | 0.00% | Add +30.2% | 239,018 | $1.7M |
| Citigroup Inc. | 0.00% | Add +82.7% | 232,100 | $1.6M |
| Bank of Nova Scotia | 0.00% | Add +20.6% | 229,402 | $1.6M |
| Bridgefront Capital, LLC | 0.38% | Add +0.3% | 220,950 | $1.5M |
| Sei Investments Co. | 0.00% | Add +48.4% | 218,643 | $1.5M |
| BNP Paribas Financial Markets | 0.00% | Add +59.5% | 209,695 | $1.5M |
| Raymond James Financial Inc. | 0.00% | Add +182.3% | 207,564 | $1.4M |
| New York State Teachers Retirement System | 0.00% | Add +0.9% | 204,348 | $1.4M |
| Alliancebernstein L.P. | 0.00% | Add +42.2% | 169,829 | $1.4M |
| Leonteq Securities AG | 0.08% | Add +112.7% | 200,532 | $1.4M |
| Franklin Resources Inc. | 0.00% | Reduce -52.5% | 199,331 | $1.4M |
| Guggenheim Capital LLC | 0.01% | Reduce -8.5% | 198,799 | $1.4M |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 196,604 | $1.4M |
| WINTON GROUP Ltd | 0.05% | Add +53.9% | 195,982 | $1.4M |
| Atom Investors LP | 0.10% | Add +8.8% | 193,270 | $1.3M |
| T. Rowe Price Associates Inc. | 0.00% | Add +11.3% | 185,797 | $1.3M |
| California State Teachers Retirement System | 0.00% | Add +23.4% | 182,960 | $1.3M |
| Summit Trail Advisors, LLC | 0.02% | Add +34.0% | 160,748 | $1.1M |
| CANADA LIFE ASSURANCE Co | 0.00% | Reduce -5.8% | 157,842 | $1.1M |
| Bank of Montreal | 0.00% | Add +26.2% | 156,418 | $1.1M |
| Kingsview Wealth Management, LLC | 0.01% | Add +119.8% | 148,026 | $1.0M |
| Prudential Financial Inc. | 0.00% | Reduce -0.6% | 145,519 | $1.0M |
| Cerity Partners LLC | 0.00% | Reduce -73.0% | 145,200 | $1.0M |
| Venture Visionary Partners LLC | 0.03% | New | 143,256 | $996K |
| VANGUARD ASSET MANAGEMENT, Ltd | 0.00% | — | 138,853 | $965K |
| Simplex Trading, LLC | 0.03% | Reduce -20.7% | 136,733 | $950K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +179.3% | 119,651 | $832K |
| Centiva Capital, LP | 0.04% | Add +186.6% | 114,589 | $796K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Reduce -22.6% | 110,600 | $769K |
| Worldquant Millennium Advisors LLC | 0.00% | Reduce -6.7% | 109,908 | $764K |
| Victory Capital Management Inc. | 0.00% | Reduce -68.7% | 107,448 | $747K |
"% of holder's portfolio" is WEN's weight in each manager's 13F, not the share of The Wendy's Co. the manager owns.